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Northrop Grumman

938 hedge funds and large institutions have $40.6B invested in Northrop Grumman in 2017 Q3 according to their latest regulatory filings, with 87 funds opening new positions, 302 increasing their positions, 344 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 41

27% more funds holding in top 10

Funds holding in top 10: 2228 (+6)

12% more capital invested

Capital invested by funds: $36.3B → $40.6B (+$4.39B)

4% more funds holding

Funds holding: 900938 (+38)

0.07% more ownership

Funds ownership: 81.09%81.16% (+0.07%)

12% less repeat investments, than reductions

Existing positions increased: 302 | Existing positions reduced: 344

43% less call options, than puts

Call options by funds: $226M | Put options by funds: $393M

Holders
938
Holders Change
+38
Holders Change %
+4.22%
% of All Funds
23.39%
Holding in Top 10
28
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+27.27%
% of All Funds
0.7%
New
87
Increased
302
Reduced
344
Closed
41
Calls
$226M
Puts
$393M
Net Calls
-$167M
Net Calls Change
-$65.6M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$5.51B -$66M -245,341 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.77B +$36.9M +137,121 +1%
BlackRock
3
BlackRock
New York
$3.74B +$26.8M +99,489 +0.8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$2.31B +$193M +716,246 +10%
Capital World Investors
5
Capital World Investors
California
$1.69B -$43.5M -161,465 -3%
JP Morgan Chase
6
JP Morgan Chase
New York
$1.4B +$209M +777,899 +19%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$1.32B -$118M -439,395 -9%
PI
8
Putnam Investments
Massachusetts
$1B -$96M -356,562 -9%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$936M +$109M +405,506 +14%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$843M +$2.47M +9,159 +0.3%
AllianceBernstein
11
AllianceBernstein
Tennessee
$743M -$193M -717,625 -22%
Macquarie Group
12
Macquarie Group
Australia
$731M -$138M -513,811 -17%
Capital International Investors
13
Capital International Investors
California
$655M +$139M +516,427 +29%
Bank of America
14
Bank of America
North Carolina
$622M +$41.7M +154,964 +8%
Northern Trust
15
Northern Trust
Illinois
$566M +$28.3M +105,288 +6%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$530M +$5.53M +20,533 +1%
AQR Capital Management
17
AQR Capital Management
Connecticut
$484M -$37M -137,330 -8%
Goldman Sachs
18
Goldman Sachs
New York
$456M +$17.8M +66,210 +4%
TCIM
19
TIAA CREF Investment Management
New York
$413M -$31M -115,041 -7%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$383M -$8.12M -30,182 -2%
Franklin Resources
21
Franklin Resources
California
$370M +$1.26M +4,696 +0.4%
T. Rowe Price Associates
22
T. Rowe Price Associates
Maryland
$348M +$702K +2,607 +0.2%
Wells Fargo
23
Wells Fargo
California
$309M -$4.18M -15,512 -1%
Legal & General Group
24
Legal & General Group
United Kingdom
$253M +$2.62M +9,729 +1%
DZ Bank
25
DZ Bank
Germany
$239M +$3.1M +11,527 +1%

NOC Hedge Fund Activity: Q3 2017 in Review

938 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q3 2017, worth a combined $40.6B — up 12% from $36.3B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new NOC positions and 41 closed out — a net gain of 46 holders — while 302 added to existing stakes and 344 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $209M. The largest seller was AllianceBernstein, cutting an estimated $193M.

  • 938 institutional investors held Northrop Grumman (NOC) as of Q3 2017, up from 900 in Q2 2017.
  • Funds reported $40.6B of Northrop Grumman stock for Q3 2017, up 12% quarter-over-quarter.
  • 87 funds opened new Northrop Grumman positions in Q3 2017 and 41 closed out, a net change of +46 holders.
  • The largest Northrop Grumman buyer in Q3 2017 was JP Morgan Chase, an estimated $209M added.
  • The largest Northrop Grumman seller in Q3 2017 was AllianceBernstein, an estimated $193M sold.

Based on aggregated 13F filings for Q3 2017.