Gotham Asset Management Boosts General Dynamics Stake

Hedge fund increases holding in aerospace and defense company by over 100%

Mar. 16, 2026 at 10:39am

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Gotham Asset Management LLC, a prominent hedge fund, has significantly increased its stake in General Dynamics Corporation (NYSE:GD), a major American aerospace and defense contractor. According to a recent SEC filing, the firm grew its holdings in General Dynamics by 107.2% during the third quarter, adding 69,857 shares to its portfolio.

Why it matters

This move by Gotham Asset Management suggests the hedge fund sees strong potential in General Dynamics, which designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. The increased investment could signal the fund's confidence in the company's long-term growth prospects, particularly in its business aviation, land systems, marine systems, and mission systems and information technology operations.

The details

Gotham Asset Management's filing shows the firm now owns 135,049 shares of General Dynamics, worth approximately $46 million as of the end of the third quarter. The hedge fund's increased stake comes as General Dynamics has reported strong fundamentals, including record backlog levels, growth across its business segments, and positive earnings guidance for fiscal year 2026.

  • Gotham Asset Management increased its General Dynamics holdings during the third quarter of 2025.
  • General Dynamics reported its third quarter 2025 results in late October 2025.

The players

Gotham Asset Management LLC

A prominent hedge fund that has significantly increased its stake in General Dynamics Corporation.

General Dynamics Corporation

A major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide.

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What they’re saying

“We must continue to closely monitor General Dynamics' performance and execution as the company navigates the evolving defense and aerospace landscape.”

— Analyst

What’s next

Investors will be closely watching General Dynamics' upcoming earnings reports and any further updates on the company's backlog, new contract wins, and long-term growth prospects.

The takeaway

Gotham Asset Management's significant increase in its General Dynamics stake underscores the hedge fund's confidence in the aerospace and defense company's ability to deliver strong returns for investors, even as the industry faces various challenges and uncertainties.