Greenskeeper Asset Management, an independent firm that specializes in disciplined value investing, recently released its Q2 2026 scorecard. A copy is available to download here. After a slow start to the year, the Fund gained 10.9% in the quarter, lifting its year-to-date return to 1.9%. The rebound came as markets showed signs of rotating away from momentum stocks and toward companies supported by reasonable valuations. Please review the Fund’s top five holdings to gain insights into their key selections for 2026.
In its second-quarter 2026 investor letter, Greenskeeper Asset Management highlighted Lockheed Martin Corporation (NYSE:LMT). Lockheed Martin Corporation (NYSE:LMT) is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. On August 03, 2026, Lockheed Martin Corporation (NYSE:LMT) closed at $586.29 per share. The one-month return of Lockheed Martin Corporation (NYSE:LMT) was 9.51%, and its shares gained 36.91% over the past 52 weeks. Lockheed Martin Corporation (NYSE:LMT) has a market capitalization of $135.32 billion.
Greenskeeper Asset Management stated the following regarding Lockheed Martin Corporation (NYSE:LMT) in its Q2 2026 investor letter:
“Lockheed Martin Corporation (NYSE:LMT) was our second-largest detractor during the quarter, declining 15.7%. The sell-off was primarily driven by execution challenges within its Aeronautics division, which delayed aircraft deliveries and required additional rework on certain fixed-price contracts. These issues weighed on near-term profitability and raised concerns about the company’s ability to meet its production targets.
We view these operational headwinds as temporary. Global demand for defence capabilities remains exceptionally strong as governments replenish depleted inventories and navigate an increasingly complex geopolitical backdrop. Anchored by leading positions across critical defence programs, Lockheed Martin remains well-positioned to drive long-term cash generation as execution normalizes and order backlogs convert into deliveries.”
Lockheed Martin Corporation (NYSE:LMT) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 83 hedge fund portfolios held Lockheed Martin Corporation (NYSE:LMT) at the end of the first quarter which was 59 in the previous quarter. While we acknowledge the risk and potential of Lockheed Martin Corporation (NYSE:LMT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Lockheed Martin Corporation (NYSE:LMT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.
In another article, we covered Lockheed Martin Corporation (NYSE:LMT) and shared the list of best stocks to buy following Federal Reserve pivot expectations. In addition, please check out our hedge fund investor letters Q2 2026 page for more investor letters from hedge funds and other leading investors.
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Disclosure: None. This article is originally published at Insider Monkey.
