Cliff Asness's LMT Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.29 M shares of Lockheed Martin Corporation (LMT) worth $625.78 M, representing 0.33% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in LMT, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2025, adding 669,604 shares. Largest reduction occurred in Q1 2019, reducing 451,959 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Lockheed Martin Corporation (LMT) Holding Value Over Time
Track share changes against reported price movement
Quarterly Lockheed Martin Corporation (LMT) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +669,604 | Add 107.27% | 1.29 M | $483.67 |
| Q3 2025 | -239,620 | Reduce 27.74% | 624,219 | $499.21 |
| Q2 2025 | +55,607 | Add 6.88% | 863,839 | $463.14 |
| Q1 2025 | +350,796 | Add 76.69% | 808,232 | $446.71 |
| Q4 2024 | +96,517 | Add 26.74% | 457,436 | $485.94 |
| Q3 2024 | -71,195 | Reduce 16.48% | 360,919 | $584.56 |
| Q2 2024 | -40,493 | Reduce 8.57% | 432,114 | $467.10 |
| Q1 2024 | +49,831 | Add 11.79% | 472,607 | $454.87 |
| Q4 2023 | -26,391 | Reduce 5.88% | 422,776 | $453.24 |
| Q3 2023 | +110,021 | Add 32.44% | 449,167 | $408.96 |
| Q2 2023 | +68,646 | Add 25.38% | 339,146 | $460.38 |
| Q1 2023 | -1,313 | Reduce 0.48% | 270,500 | $472.73 |
| Q4 2022 | +19,875 | Add 7.89% | 271,813 | $486.49 |
| Q3 2022 | +7,940 | Add 3.25% | 251,938 | $386.29 |
| Q2 2022 | +46,156 | Add 23.33% | 243,998 | $429.96 |
| Q1 2022 | +35,306 | Add 21.72% | 197,842 | $441.40 |
| Q4 2021 | -53,710 | Reduce 24.84% | 162,536 | $355.41 |
| Q3 2021 | -63,386 | Reduce 22.67% | 216,246 | $345.10 |
| Q2 2021 | -104,484 | Reduce 27.20% | 279,632 | $378.35 |
| Q1 2021 | +195,869 | Add 104.05% | 384,116 | $369.50 |
| Q4 2020 | -97,249 | Reduce 34.06% | 188,247 | $354.98 |
| Q3 2020 | -52,026 | Reduce 15.41% | 285,496 | $383.28 |
| Q2 2020 | -25,638 | Reduce 7.06% | 337,522 | $364.92 |
| Q1 2020 | -362,413 | Reduce 49.95% | 363,160 | $338.95 |
| Q4 2019 | +117,209 | Add 19.27% | 725,573 | $389.38 |
| Q3 2019 | +171,251 | Add 39.18% | 608,364 | $390.06 |
| Q2 2019 | +52,697 | Add 13.71% | 437,113 | $363.54 |
| Q1 2019 | -451,959 | Reduce 54.04% | 384,416 | $300.16 |
| Q4 2018 | -9,165 | Reduce 1.08% | 836,375 | $261.84 |
| Q3 2018 | -259,637 | Reduce 23.49% | 845,540 | $345.96 |
| Q2 2018 | -84,320 | Reduce 7.09% | 1.11 M | $295.43 |
| Q1 2018 | +16,203 | Add 1.38% | 1.19 M | $337.93 |
| Q4 2017 | +189,867 | Add 19.31% | 1.17 M | $321.05 |
| Q3 2017 | +208,906 | Add 26.97% | 983,427 | $310.29 |
| Q2 2017 | +95,140 | Add 14.00% | 774,521 | $277.61 |
| Q1 2017 | +217,903 | Add 47.22% | 679,381 | $267.60 |
| Q4 2016 | +42,527 | Add 10.15% | 461,478 | $249.94 |
| Q3 2016 | -11,576 | Reduce 2.69% | 418,951 | $239.72 |
| Q2 2016 | -22,323 | Reduce 4.93% | 430,527 | $248.17 |
| Q1 2016 | -92,566 | Reduce 16.97% | 452,850 | $221.50 |
| Q4 2015 | -107,308 | Reduce 16.44% | 545,416 | $217.15 |
| Q3 2015 | -315,734 | Reduce 32.60% | 652,724 | $207.31 |
| Q2 2015 | +66,171 | Add 7.33% | 968,458 | $185.90 |
| Q1 2015 | -37,801 | Reduce 4.02% | 902,287 | $202.96 |
| Q4 2014 | +418,331 | Add 80.18% | 940,088 | $192.57 |
| Q3 2014 | +163,545 | Add 45.66% | 521,757 | $182.78 |
| Q2 2014 | +99,750 | Add 38.59% | 358,212 | $160.73 |
| Q1 2014 | +171,978 | Add 198.86% | 258,462 | $163.24 |
| Q4 2013 | +49,280 | Add 132.46% | 86,484 | $148.66 |
| Q3 2013 | -12,200 | Reduce 24.69% | 37,204 | $127.54 |
| Q2 2013 | +49,404 | Add 0.00% | 49,404 | $108.45 |
| Q4 2012 | +221,107 | Add 0.00% | 221,107 | $92.29 |
Cliff Asness's Lockheed Martin Corporation Investment FAQs
Cliff Asness first purchased Lockheed Martin Corporation (LMT) in Q4 2012, acquiring 221,107 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Lockheed Martin Corporation (LMT) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Lockheed Martin Corporation (LMT) was in Q4 2025, adding 1,293,823 shares worth $625.78 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,293,823 shares of Lockheed Martin Corporation (LMT), valued at approximately $625.78 M.
As of the Q4 2025 filing, Lockheed Martin Corporation (LMT) represents approximately 0.33% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Lockheed Martin Corporation (LMT) was 1,293,823 shares, as reported at the end of Q4 2025.