Free · no sign-up · Q2 2026

Which funds own NOC

Northrop Grumman Corp in the Q2 2026 filings. At least 12 of the 91 current managers on file reported a position, worth $8.0bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 8 managers opened or added against 5 cutting.

Managers holding: 12; at least, of 91 current
Combined value: $8.0bn; as reported
Opened: 2; new this quarter
Added to: 6; already held
Trimmed or sold out: 5; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Capital World Investors Long-only · $846bn book	$2.6bn	0.3%	5,062,384	-$2.1bn-1,829,766	Trimmed
Wellington Management Group LLP Long-only · $580bn book	$2.5bn	0.4%	4,932,780	-$879m-37,879	Trimmed
Invesco Ltd Long-only · $1264bn book	$943m	0.1%	1,851,055	-$188m+194,238	Added
T. Rowe Price Associates Inc Long-only · $999bn book	$923m	0.1%	1,811,250	-$265m+71,470	Added
MFS Investment Management Long-only · $315bn book	$572m	0.2%	1,121,257	-$469m-398,239	Trimmed
D. E. Shaw & Co. Quantitative · $210bn book	$224m	0.1%	439,175	+$82m+231,355	Added
Renaissance Technologies LLC Quantitative · $72.6bn book	$104m	0.1%	203,380	+$97m+193,380	Added
Walleye Capital LLC Multi-strategy · $28.0bn book	$57m	0.2%	111,569	+$55m+109,490	Added
Voloridge Investment Management LLC Quantitative · $23.5bn book	$53m	0.2%	104,524	opened104,524	New
ExodusPoint Capital Management LP Multi-strategy · $15.5bn book	$15m	0.1%	30,033	-$5.2m+62	Added
Quantbot Technologies LP Quantitative · $2.5bn book	$7.5m	0.3%	14,790	opened14,790	New
Soros Fund Management LLC Macro · $8.1bn book	$4.9m	0.1%	9,660	-$1.7m0	Held

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Holocene Advisors LP · Long/short equity$110m held before
Element Capital Management LLC · Macro$23m held before

Ownership through time

At least 26 of the 95 managers whose filings are on file listed NOC in Q2 2026, against 15 in Q2 2013. 4 managers more than in Q1 2026: 3 started positions; 5 listed it again; 2 sold out, by their own filings; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Largest increases, by shares

D. E. Shaw & Co.207,820 to 439,175 shares+$118m
Invesco Ltd1,656,817 to 1,851,055 shares+$99m
Millennium Management LLC183,479 to 302,389 shares+$61m
Voloridge Investment Management LLCnew: 104,524 shares+$53m
AQR Capital Management LLC338,356 to 430,006 shares+$47m

Largest decreases, by shares

Capital World Investors6,892,150 to 5,062,384 shares-$932m
Fidelity (FMR LLC)2,105,462 to 1,303,808 shares-$408m
Capital Research Global Investors1,217,189 to 473,287 shares-$378m
MFS Investment Management1,519,496 to 1,121,257 shares-$203m
Two Sigma Investments LP316,221 to 227,386 shares-$45m

Left it

Holocene Advisors LPwas $110m
Element Capital Management LLCwas $6.1m

Manager	First listed	Largest	Q2 2026
Capital World Investors	Q2 2013	$4.7bn	$2.6bn
Wellington Management Group LLP	Q2 2013	$3.9bn	$2.5bn
Invesco Ltd	Q2 2013	$1.1bn	$943m
T. Rowe Price Associates Inc	Q1 2016	$3.7bn	$922m
Fidelity (FMR LLC)	Q4 2015	$3.6bn	$664m
MFS Investment Management	Q2 2013	$2.6bn	$572m
Citadel Advisors LLC	Q4 2015	$294m	$289m
Capital Research Global Investors	Q2 2018	$830m	$241m
D. E. Shaw & Co.	Q1 2017	$359m	$224m
AQR Capital Management LLC	Q2 2013	$666m	$219m
AllianceBernstein LP	Q2 2013	$851m	$201m
Millennium Management LLC	Q2 2013	$225m	$154m
Arrowstreet Capital LP	Q1 2017	$266m	$141m
Two Sigma Investments LP	Q4 2013	$220m	$116m
Renaissance Technologies LLC	Q2 2013	$320m	$104m
First Eagle Investment Management LLC	Q2 2013	$942m	last listed Q4 2017
Janus Henderson Group Ltd	Q2 2013	$899m	last listed Q3 2019
Lone Pine Capital LLC	Q4 2015	$643m	last listed Q2 2016
Soroban Capital Partners LP	Q1 2020	$461m	last listed Q2 2020
Two Sigma Advisers LP	Q2 2016	$434m	last listed Q3 2025
Harris Associates LP	Q2 2013	$396m	last listed Q2 2013
Maverick Capital Ltd	Q1 2016	$259m	last listed Q1 2024
Artisan Partners LP	Q2 2017	$235m	last listed Q2 2024
Balyasny Asset Management LLC	Q3 2015	$229m	last listed Q4 2025
Marshall Wace LLP	Q4 2014	$209m	last listed Q4 2025

What NOC is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

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How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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