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Northrop Grumman

1,414 hedge funds and large institutions have $57.5B invested in Northrop Grumman in 2023 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 488 increasing their positions, 528 reducing their positions, and 193 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more call options, than puts

Call options by funds: $823M | Put options by funds: $725M

8% less repeat investments, than reductions

Existing positions increased: 488 | Existing positions reduced: 528

1.25% less ownership

Funds ownership: 83.11%81.85% (-1.3%)

6% less funds holding

Funds holding: 1,5041,414 (-90)

18% less capital invested

Capital invested by funds: $70.4B → $57.5B (-$13B)

32% less first-time investments, than exits

New positions opened: 131 | Existing positions closed: 193

62% less funds holding in top 10

Funds holding in top 10: 4517 (-28)

Holders
1,414
Holders Change
-90
Holders Change %
-5.98%
% of All Funds
22.53%
Holding in Top 10
17
Holding in Top 10 Change
-28
Holding in Top 10 Change %
-62.22%
% of All Funds
0.27%
New
131
Increased
488
Reduced
528
Closed
193
Calls
$823M
Puts
$725M
Net Calls
+$97.9M
Net Calls Change
+$203M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$6.55B +$8.81M +18,983 +0.1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$5.63B -$21.6M -46,442 -0.4%
Capital International Investors
3
Capital International Investors
California
$5.55B +$112M +240,606 +2%
BlackRock
4
BlackRock
New York
$4.44B +$9.53M +20,547 +0.2%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$2.78B -$238M -512,361 -8%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$2.52B -$558M -1,201,450 -18%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$2.07B -$11.8M -25,527 -0.6%
Bank of America
8
Bank of America
North Carolina
$1.86B +$42M +90,514 +2%
Morgan Stanley
9
Morgan Stanley
New York
$1.82B +$270M +581,863 +17%
JP Morgan Chase
10
JP Morgan Chase
New York
$1.68B +$387M +833,472 +30%
Capital World Investors
11
Capital World Investors
California
$1.47B +$133K +287 +0%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.25B -$2.9M -6,241 -0.2%
Sanders Capital
13
Sanders Capital
Florida
$980M -$395M -852,014 -29%
Ameriprise
14
Ameriprise
Minnesota
$974M -$5.73M -12,354 -0.6%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$724M +$168M +362,449 +30%
Northern Trust
16
Northern Trust
Illinois
$584M -$4.8M -10,348 -0.8%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$568M -$26.7M -57,467 -4%
Franklin Resources
18
Franklin Resources
California
$528M +$204M +440,303 +63%
PI
19
Putnam Investments
Massachusetts
$526M -$91.5M -197,269 -15%
Macquarie Group
20
Macquarie Group
Australia
$453M +$32.7M +70,389 +8%
N
21
Nuveen
North Carolina
$432M -$29.6M -63,724 -6%
Legal & General Group
22
Legal & General Group
United Kingdom
$367M -$3.07M -6,623 -0.8%
ClearBridge Investments
23
ClearBridge Investments
New York
$365M +$1.6M +3,448 +0.4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$364M -$3.23M -6,961 -0.9%
Invesco
25
Invesco
Georgia
$350M -$62.3M -134,335 -15%

NOC Hedge Fund Activity: Q1 2023 in Review

1,414 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Northrop Grumman (NOC) for Q1 2023, worth a combined $57.5B — down 18% from $70.4B a quarter earlier.

Sellers outnumbered buyers: 193 funds closed out of NOC and 131 opened new positions — a net loss of 62 holders — while 528 trimmed existing stakes and 488 added.

The largest buyer was JP Morgan Chase, adding an estimated $387M. The largest seller was Fidelity Investments, cutting an estimated $558M.

  • 1,414 institutional investors held Northrop Grumman (NOC) as of Q1 2023, down from 1,504 in Q4 2022.
  • Funds reported $57.5B of Northrop Grumman stock for Q1 2023, down 18% quarter-over-quarter.
  • 131 funds opened new Northrop Grumman positions in Q1 2023 and 193 closed out, a net change of -62 holders.
  • The largest Northrop Grumman buyer in Q1 2023 was JP Morgan Chase, an estimated $387M added.
  • The largest Northrop Grumman seller in Q1 2023 was Fidelity Investments, an estimated $558M sold.

Based on aggregated 13F filings for Q1 2023.