undamentalytics Newsletter

Northrop Grumman: which funds bought and sold

Institutions that bought and sold Northrop Grumman shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 812 institutions that filed 13F reports for both quarters added to or opened positions in Northrop Grumman, and 841 cut or closed them. Together they added a net 445K shares, +0.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.9M shares (−5.2%); index fund managers were net buyers of 1.3M shares (+3.0%). 125 opened a new position and 203 sold out entirely.

Bought, Q2 2026 812 institutions, 125 of them new holders Sold, Q2 2026 841 institutions, 203 of them sold out
Net change, all compared +445K shares (+0.4%)
Net change, active managers −1.9M shares (−5.2%), 51 bought, 38 sold

Buyers versus sellers

institutions compared, 1,977
Active managers and hedge funds 51 bought · 38 sold · −1.9M
Index fund managers 11 bought · 1 sold · +1.3M
Other institutions 750 bought · 802 sold · +1.0M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
T. Rowe Price Investment Management, Inc. Active manager +1.2M New position 1.2M $591M
Blackrock, Inc. Index funds +901K +8.3% 11.8M $6B
Citadel Advisors LLC Hedge fund +493K +665.8% 568K $289M
Mirae Asset Global Etfs Holdings Ltd. +487K +70.4% 1.2M $601M
Qube Research & Technologies Ltd Hedge fund +483K +257.2% 671K $342M
SG Americas Securities, LLC +250K +323.3% 327K $167M
Jane Street Group, LLC +234K +371.9% 297K $151M
D. E. Shaw & Co., Inc. Hedge fund +231K +111.3% 439K $224M
Arrowstreet Capital, Limited Partnership Hedge fund +225K +443.6% 276K $141M
Worldquant Millennium Advisors LLC Hedge fund +196K +140.9% 335K $171M
Invesco Ltd. +194K +11.7% 1.9M $943M
Renaissance Technologies LLC Hedge fund +193K +1933.8% 203K $104M
State Street Corp Index funds +168K +1.3% 13.2M $6.7B
Penserra Capital Management LLC +166K +77.6% 379K $193M
Prudential Financial Inc +149K +107.1% 287K $146M
Wealth Enhancement Advisory Services, LLC +138K New position 138K $72.3M
Millennium Management LLC Hedge fund +119K +64.8% 302K $154M
1832 Asset Management L.P. +112K New position 112K $57M
Walleye Capital LLC Hedge fund +109K +5266.5% 112K $56.8M
Voloridge Investment Management, LLC Hedge fund +105K New position 105K $53.2M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Capital World Investors Active manager −1.8M −26.5% 5.1M $2.6B
Capital International Investors Active manager −1.2M −17.5% 5.9M $3B
FMR LLC Active manager −802K −38.1% 1.3M $664M
Capital Research Global Investors Active manager −744K −61.1% 473K $241M
Jpmorgan Chase & Co −647K −31.6% 1.4M $695M
Massachusetts Financial Services Co Active manager −398K −26.2% 1.1M $572M
Lord, Abbett & Co. LLC −280K Sold out 0 —
AGF Management Ltd −190K −53.7% 164K $83.4M
Bessemer Group Inc −188K −32.1% 399K $203M
Holocene Advisors, LP Hedge fund −162K Sold out 0 —
Deutsche Bank Ag\ −121K −24.1% 381K $194M
Jennison Associates LLC Active manager −109K −32.4% 227K $115M
Bank Of America Corp −96K −3.6% 2.5M $1.3B
Two Sigma Investments, LP Hedge fund −89K −28.1% 227K $116M
Alyeska Investment Group, L.P. Hedge fund −78K Sold out 0 —
Los Angeles Capital Management LLC Active manager −75K −99.2% 611 $311,188
Barclays PLC −74K −20.7% 283K $144M
California Public Employees Retirement System −69K −21.2% 256K $130M
Goldman Sachs Group Inc −68K −6.0% 1.1M $542M
First Trust Advisors LP −65K −12.8% 441K $225M

New positions

largest by value
InstitutionSharesValue June 30, 2026
T. Rowe Price Investment Management, Inc.Active manager 1.2M $591M
Wealth Enhancement Advisory Services, LLC 138K $72.3M
1832 Asset Management L.P. 112K $57M
Voloridge Investment Management, LLCHedge fund 105K $53.2M
Entropy Technologies, LP 38K $19.1M
Ossiam 37K $18.9M
Marshall Wace, LLPHedge fund 31K $15.5M
Varma Mutual Pension Insurance Co 26K $13.1M
Quadrature Capital LtdHedge fund 20K $10.3M
Aquatic Capital Management LLC 17K $8.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Lord, Abbett & Co. LLC 280K $191M
Holocene Advisors, LPHedge fund 162K $110M
Alyeska Investment Group, L.P.Hedge fund 78K $53.4M
Zurich Insurance Group Ltd 20K $13.4M
L & S Advisors Inc 12K $8.3M
Element Capital Management LLCHedge fund 9,000 $6.1M
Landscape Capital Management, L.L.C. 8,703 $5.9M
Kmg Fiduciary Partners, LLC 7,077 $4.8M
Longaeva Partners L.P. 6,271 $4.3M
Perbak Capital Partners LLP 5,906 $4M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
1,806
Ten largest holders
53.6%
of 13F-reported shares
Index fund managers
37.0%
of 13F-reported shares
Active managers and hedge funds
29.0%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 51 38 10 5 −1.9M −5.2%
Index fund managers 11 1 0 0 +1.3M +3.0%
Other institutions 750 802 115 198 +1.0M +2.6%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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