Sandler Capital Management’s Northrop Grumman NOC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$563K	Sell	825 -380	-32%	-$263K	0.29%	101
2025 Q4	$687K	Sell	1,205 -2,065	-63%	-$1.2M	0.23%	126
2025 Q3	$1.99M	Buy	3,270 +1,570	+92%	+$890K	0.59%	65
2025 Q2	$850K	Buy	+1,700	New	+$836K	0.23%	120
2021 Q4	–	Sell	-4,245	Closed	-$1.53M	–	123
2021 Q3	$1.53M	Sell	4,245 -11,980	-74%	-$4.33M	0.14%	95
2021 Q2	$5.9M	Buy	16,225 +3,925	+32%	+$1.41M	0.46%	74
2021 Q1	$3.98M	Buy	+12,300	New	+$3.71M	0.34%	93
2019 Q4	–	Sell	-10,100	Closed	-$3.79M	–	105
2019 Q3	$3.79M	Buy	+10,100	New	+$3.58M	0.33%	79
2018 Q2	–	Sell	-14,140	Closed	-$4.94M	–	126
2018 Q1	$4.94M	Sell	14,140 -3,140	-18%	-$1.05M	0.6%	67
2017 Q4	$5.3M	Sell	17,280 -9,170	-35%	-$2.75M	0.75%	51
2017 Q3	$7.61M	Sell	26,450 -20,710	-44%	-$5.57M	0.95%	43
2017 Q2	$12.1M	Buy	47,160 +4,840	+11%	+$1.21M	1.31%	17
2017 Q1	$10.1M	Buy	+42,320	New	+$10.1M	0.69%	49
2016 Q3	–	Sell	-53,870	Closed	-$12M	–	130
2016 Q2	$12M	Buy	53,870 +36,410	+209%	+$7.66M	1.58%	24
2016 Q1	$3.46M	Sell	17,460 -71,430	-80%	-$13.5M	0.42%	85
2015 Q4	$16.8M	Buy	88,890 +33,220	+60%	+$6.09M	1.6%	13
2015 Q3	$9.24M	Sell	55,670 -42,700	-43%	-$7.16M	1.07%	27
2015 Q2	$15.6M	Buy	98,370 +65,480	+199%	+$10.5M	1.39%	12
2015 Q1	$5.29M	Sell	32,890 -14,610	-31%	-$2.34M	0.33%	127
2014 Q4	$7M	Buy	+47,500	New	+$6.51M	0.37%	101