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Northrop Grumman

1,051 hedge funds and large institutions have $49.5B invested in Northrop Grumman in 2018 Q1 according to their latest regulatory filings, with 106 funds opening new positions, 328 increasing their positions, 415 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more funds holding in top 10

Funds holding in top 10: 2232 (+10)

28% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 83

15% more capital invested

Capital invested by funds: $43.2B → $49.5B (+$6.33B)

1% more funds holding

Funds holding: 1,0391,051 (+12)

0.66% more ownership

Funds ownership: 80.91%81.57% (+0.66%)

21% less repeat investments, than reductions

Existing positions increased: 328 | Existing positions reduced: 415

38% less call options, than puts

Call options by funds: $359M | Put options by funds: $579M

Holders
1,051
Holders Change
+12
Holders Change %
+1.15%
% of All Funds
24.09%
Holding in Top 10
32
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+45.45%
% of All Funds
0.73%
New
106
Increased
328
Reduced
415
Closed
83
Calls
$359M
Puts
$579M
Net Calls
-$220M
Net Calls Change
+$120M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$6.58B -$138M -410,614 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$4.61B -$13.5M -40,332 -0.3%
BlackRock
3
BlackRock
New York
$4.57B -$154M -458,709 -3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$3.02B +$232M +693,959 +9%
JP Morgan Chase
5
JP Morgan Chase
New York
$1.77B -$218M -649,639 -11%
Capital World Investors
6
Capital World Investors
California
$1.65B +$15M +44,780 +1%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$1.43B -$44.6M -133,188 -3%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$1.32B -$119M -356,564 -9%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$1.21B +$739M +2,207,301 +177%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$899M -$54.7M -163,168 -6%
Capital International Investors
11
Capital International Investors
California
$892M +$22.9M +68,400 +3%
AllianceBernstein
12
AllianceBernstein
Tennessee
$851M -$81M -241,808 -9%
Bank of America
13
Bank of America
North Carolina
$760M -$3.45M -10,290 -0.5%
Macquarie Group
14
Macquarie Group
Australia
$743M -$83.3M -248,554 -10%
PI
15
Putnam Investments
Massachusetts
$722M -$270M -807,448 -28%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$712M +$41.7M +124,533 +6%
Northern Trust
17
Northern Trust
Illinois
$663M -$14.4M -43,125 -2%
Goldman Sachs
18
Goldman Sachs
New York
$610M -$4.99M -14,887 -0.8%
AQR Capital Management
19
AQR Capital Management
Connecticut
$561M +$27M +80,641 +5%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$489M -$30.3M -90,454 -6%
Ameriprise
21
Ameriprise
Minnesota
$485M +$332M +990,697 +249%
TCIM
22
TIAA CREF Investment Management
New York
$481M +$94.4M +281,893 +26%
Franklin Resources
23
Franklin Resources
California
$440M -$8.65M -25,813 -2%
Wells Fargo
24
Wells Fargo
California
$361M -$23.5M -70,092 -6%
Morgan Stanley
25
Morgan Stanley
New York
$334M -$37.4M -111,773 -10%

NOC Hedge Fund Activity: Q1 2018 in Review

1,051 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q1 2018, worth a combined $49.5B — up 15% from $43.2B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new NOC positions and 83 closed out — a net gain of 23 holders — while 328 added to existing stakes and 415 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $739M. The largest seller was Putnam Investments, cutting an estimated $270M.

  • 1,051 institutional investors held Northrop Grumman (NOC) as of Q1 2018, up from 1,039 in Q4 2017.
  • Funds reported $49.5B of Northrop Grumman stock for Q1 2018, up 15% quarter-over-quarter.
  • 106 funds opened new Northrop Grumman positions in Q1 2018 and 83 closed out, a net change of +23 holders.
  • The largest Northrop Grumman buyer in Q1 2018 was T. Rowe Price Associates, an estimated $739M added.
  • The largest Northrop Grumman seller in Q1 2018 was Putnam Investments, an estimated $270M sold.

Based on aggregated 13F filings for Q1 2018.