Park Avenue Securities Trims Lockheed Martin Stake

Asset management firm reduces holdings in aerospace giant by 9.7% in Q4 2025

Mar. 21, 2026 at 9:57am

Got story updates? Submit your updates here. ›

Park Avenue Securities LLC, an investment management firm, reduced its holdings in Lockheed Martin Corporation (NYSE: LMT) by 9.7% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 20,090 shares of the aerospace company's stock, valued at $9.7 million as of the end of the quarter.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio of military aircraft, missile systems, and space technologies. Changes in institutional ownership of the company's stock can provide insights into investor sentiment and market trends surrounding the aerospace and defense industry.

The details

According to the SEC filing, Park Avenue Securities sold 2,155 shares of Lockheed Martin during the fourth quarter. The firm's total holdings in the company now stand at 20,090 shares, down from 22,245 shares at the end of the previous quarter.

  • Park Avenue Securities filed the 13F report with the SEC on March 21, 2026, disclosing its Q4 2025 holdings.

The players

Park Avenue Securities LLC

An investment management firm that provides financial services and products to individual and institutional clients.

Lockheed Martin Corporation

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems for government and commercial customers.

Got photos? Submit your photos here. ›

The takeaway

The reduction in Park Avenue Securities' Lockheed Martin holdings suggests a potential shift in investor sentiment towards the aerospace and defense sector, though the overall impact on the company's stock price remains to be seen.