L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
38
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 20 listed it in both
Shares listed
16,400,468
combined, among listed positions
Reported value
$9.4bn
combined, at the quarter end

Among the 92 comparable managers: 20 buyers (opened or added shares) and 19 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -1,103,251.

Managers listing NOC in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

38 of 38 holders

ActionFiling
Capital World Investors3,434,041$2.0bn0.27%Added+970,02911 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP2,800,654$1.6bn0.28%Trimmed-1,469,34317 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)2,168,517$1.2bn0.06%Trimmed-266,33717 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc1,817,977$1.0bn0.11%Trimmed-487,62917 Feb 2026 (the filing on sec.gov)
MFS Investment Management1,762,358$1.0bn0.32%Trimmed-62,89222 Jan 2026 (the filing on sec.gov)
Invesco Ltd1,666,517$950m0.09%Added+62,81719 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.377,807$215m0.12%Added+276,93317 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC375,001$214m0.11%Trimmed-91,18617 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC295,772$169munder 0.1%Trimmed-142,24317 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP235,695$134munder 0.1%Trimmed-2,77917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC228,274$130m0.10%Added+5,28827 Oct 2026 (the filing on sec.gov)
Squarepoint Ops LLC160,454$91m0.10%Added+153,42413 Feb 2026 (the filing on sec.gov)
Millennium Management LLC141,991$81munder 0.1%Added+17,66117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP136,882$78munder 0.1%Trimmed-42,60713 Feb 2026 (the filing on sec.gov)
Holocene Advisors LP126,310$72m0.15%Trimmed-98,99017 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP115,713$66m0.06%Added+95,56213 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC93,700$53m0.08%Newnew12 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC69,707$40m0.05%Trimmed-39,43117 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP56,662$32munder 0.1%Added+18,85717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC48,714$28munder 0.1%Trimmed-42,21312 Feb 2026 (the filing on sec.gov)
Man Group PLC47,677$27munder 0.1%Added+39,27617 Feb 2026 (the filing on sec.gov)
Acadian Asset Management LLC43,233$25munder 0.1%Added+22,24810 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP30,544$17munder 0.1%Trimmed-6,77617 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP25,644$15m0.11%Newnew17 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP20,940$12m0.09%Trimmed-51,24217 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
28 in Q3 2024 to 26 in Q2 2026

Tracked managers listing it, at least.

01020302014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NOC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201316$3.0bnn.a.n.a.
Q3 201315$3.3bnn.a.n.a.
Q4 201315$3.7bnn.a.n.a.
Q1 201416$3.7bnn.a.n.a.
Q2 201417$3.7bnn.a.n.a.
Q3 201414$3.8bnn.a.n.a.
Q4 201414$4.4bnn.a.n.a.
Q1 201518$4.6bnn.a.n.a.
Q2 201516$4.6bnn.a.n.a.
Q3 201522$4.7bnn.a.n.a.
Q4 201520$5.5bnn.a.n.a.
Q1 201620$6.2bnn.a.n.a.
Q2 201628$7.2bnn.a.n.a.
Q3 201622$6.3bnn.a.n.a.
Q4 201626$6.7bnn.a.n.a.
Q1 201723$7.5bnn.a.n.a.
Q2 201723$8.7bnn.a.n.a.
Q3 201723$9.8bnn.a.n.a.
Q4 201726$10.1bnn.a.n.a.
Q1 201828$12.3bnn.a.n.a.
Q2 201828$11.5bnn.a.n.a.
Q3 201822$12.6bnn.a.n.a.
Q4 201821$9.6bnn.a.n.a.
Q1 201923$9.8bnn.a.n.a.
Q2 201920$11.5bnn.a.n.a.
Q3 201922$13.0bnn.a.n.a.
Q4 201927$10.2bnn.a.n.a.
Q1 202021$9.8bnn.a.n.a.
Q2 202026$9.4bnn.a.n.a.
Q3 202021$9.8bnn.a.n.a.
Q4 202026$9.3bnn.a.n.a.
Q1 202125$9.2bnn.a.n.a.
Q2 202119$9.8bnn.a.n.a.
Q3 202116$9.1bnn.a.n.a.
Q4 202114$9.3bnn.a.n.a.
Q1 202218$11.2bnn.a.n.a.
Q2 202214$12.7bnn.a.n.a.
Q3 202215$12.4bnn.a.n.a.
Q4 202219$13.3bnn.a.n.a.
Q1 202325$10.8bnn.a.n.a.
Q2 202322$10.5bnn.a.n.a.
Q3 202321$10.1bnn.a.n.a.
Q4 202320$10.2bn813
Q1 202421$9.8bn129
Q2 202427$8.3bn216
Q3 202428$10.3bn1513
Q4 202428$9.2bn207
Q1 202528$10.3bn1516
Q2 202518$9.5bn811
Q3 202522$10.4bn1112
Q4 202526$9.0bn2019
Q1 202622$15.1bn1722
Q2 202626$10.3bn2315

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NOC and RTX →NOC and BA →NOC and TDG →Choose a stock to compare with NOC →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NOC, latest filings →Back to the 13F Explorer →