Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Northrop Grumman Corp (NOC)

2K + Investors. Track Smart Money conviction in NOC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -68
Streak
1Q ▼
Buyers last Q
49%

Smart Money Signals — NOC

Based on 1815 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NOC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
1,815 hedge funds hold NOC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+209 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

858 buying889 selling
Last quarter: 889 funds reduced or exited vs 858 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-80 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 212 → 228 → 243 → 163. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 17% medium ■ 13% new
1,270 out of 1,815 hedge funds have held NOC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +94%, value -24%

Value
-23%
Shares
+94%
Last quarter: funds added +94% more shares while total portfolio value only changed -24%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
➡️

Steady discovery — ~163 new funds/quarter

128 → 212 → 228 → 243 → 163 new funds/Q
New funds entering each quarter: 212 → 228 → 243 → 163. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 73% veterans vs 16% newcomers

■ 73% veterans ■ 11% 1-2yr ■ 16% new
Entry-cohort mix of 1,867 holders: 1,357 (73%) are 2+ year veterans, 202 entered 1–2 years ago, and 308 (16%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 69% AUM from top-100 funds

69% from top-100 AUM funds
70 of 1812 holders are among the 100 largest funds by AUM, controlling 69% of total institutional value in NOC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — NOC

In 2026 Q2, 858 hedge funds were net buyers of NOC (163 opened a new position, 695 added to an existing one), while 889 reduced or exited (658 trimmed, 231 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. 69% of total institutional value in NOC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -68 funds (more exits than new entries). Total institutional holders: 1815.

Hedge Fund Ownership: NOC

How many hedge funds hold NOC — quarterly history vs. share price
Quarterly hedge fund ownership of NOC vs. share price

Market Analysis: NOC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NOC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Northrop Grumman Corp (NOC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NOC has moved relative to its sector benchmark (XLI) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 80d ago
NOC
+2.9%
XLI
-8.8%

NOC outperformed XLI by +11.7% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 35d ago
NOC
-10.2%
XLI
-9.4%

Since the filing became public, NOC outperformed XLI by -0.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

58 top-rated funds 5 high-conviction
Consensus
7.7
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: NOC
2K + Investors

Track Smart Money conviction in NOC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 1798 1883 -4.51%
13F Shares 121M 117M 3.68%
Total Value $58.47B $77.20B -24.27%
New Positions 157 243 -86
Increased Positions 687 648 +39
Closed Positions 239 139 +100
Reduced Positions 634 656 -22
Total Calls 28 26 7.69%
Total Puts 26 29 -10.34%
PUT/CALL Ratio 0.93 1.12 Neutral

Statistics: NOC

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Valuation Measures Data as of: --

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Short % of Float --

Financial Highlights

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Total Cash (mrq) --
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Institutional Holders (2026 Q2)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in NOC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 NOC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Focused Investors LLC 2.76% 160,300 $81.6M
2 Bcwm, LLC 2.59% 17,378 $8.9M
3 Liberty One Investment Management, LLC 2.41% 47,288 $24.1M
4 Mawer Investment Management Ltd. 2.31% 667,069 $339.7M
5 Themes Management Co LLC 2.24% 6,630 $3.4M
6 Jlb & Associates Inc 2.03% 29,857 $15.2M
7 Evexia Wealth LLC 2.02% 13,637 $7.5M
8 Homestead Advisers Corp 2.01% 158,492 $80.7M
9 Zwj Investment Counsel Inc 1.66% 100,715 $51.3M
10 Advisor OS, LLC 1.65% 48,628 $24.8M
11 William B. Walkup & Associates, Inc. 1.65% 6,713 $3.4M
12 Glass Wealth Management Co LLC 1.59% 9,313 $4.7M
13 Littlejohn Financial Services, INC. 1.55% 4,201 $2.1M
14 McDonough Capital Management, Inc 1.50% 5,874 $3.0M
15 Clough Capital Partners L P 1.46% 35,166 $17.9M
16 Werlinich Asset Management, LLC 1.37% 7,048 $3.6M
17 Lumbard & Kellner, LLC 1.37% 8,880 $4.5M
18 Richwood Investment Advisors, LLC 1.36% 3,809 $1.9M
19 Stokes Capital Advisors, LLC 1.36% 12,497 $6.4M
20 Concorde Financial Corp 1.35% 3,292 $1.7M
21 Old West Investment Management, LLC 1.31% 24,203 $12.3M
22 Foster Dykema Cabot & Partners, LLC 1.28% 43,114 $22.0M
23 Yacktman Asset Management LP 1.24% 197,521 $100.6M
24 Sierra Legacy Group 1.24% 3,144 $1.6M
25 Fortune Financial Advisors, LLC 1.23% 5,659 $2.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Northrop Grumman Corp (NOC)

What does the Smart Money Trend signal show for NOC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NOC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NOC?

More sellers than buyers — 49% buying: Last quarter: 889 funds reduced or exited vs 858 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for NOC holders?

Elite ownership — 69% AUM from top-100 funds: 70 of 1812 holders are among the 100 largest funds by AUM, controlling 69% of total institutional value in NOC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held NOC?

70% of holders stayed for 2+ years: 1,270 out of 1,815 hedge funds have held NOC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Northrop Grumman Corp (NOC) following the 2026 Q2 hedge fund 13F filings?

As of today, NOC has moved -10.2% since the 2026 Q2 13F filing date (August 14, 2026), compared to -9.4% for the XLI sector ETF — an outperformance of -0.8%. Since the quarter end (June 30, 2026), NOC has gained +2.9% vs -8.8% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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