Greenskeeper Asset Management, an independent firm that specializes in disciplined value investing, recently released its Q1 2026 scorecard. A copy is available to download here. The Middle East conflict triggered a sharp stock sell-off in the market, resulting in the Greenskeeper Value Fund posting a -8.1% return in Q1. Despite this challenging quarter, the fund took the opportunity to reinforce its portfolio. Please review the Fund’s top five holdings to gain insights into their key selections for 2026.
In its first-quarter 2026 investor letter, Greenskeeper Asset Management highlighted Lockheed Martin Corporation (NYSE:LMT). Lockheed Martin Corporation (NYSE:LMT) is a US-based aerospace and defense company that operates through Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space segments. On June 12, 2026, Lockheed Martin Corporation (NYSE:LMT) closed at $540.33 per share. One-month return of Lockheed Martin Corporation (NYSE:LMT) was 2.28%, and its shares gained 15.69% over the past 52 weeks. Lockheed Martin Corporation (NYSE:LMT) has a market capitalization of $124.58 billion.
Greenskeeper Asset Management stated the following regarding Lockheed Martin Corporation (NYSE:LMT) in its Q1 2026 investor letter:
“Rounding out our top performers in the first quarter were our defense holdings: Lockheed Martin Corporation (NYSE:LMT) +25% and General Dynamics (GD) +2%. Ongoing global conflicts and the fraying of the NATO alliance continue to underscore the critical need for sustained investment in national defense. Beyond their defense segments, both companies reached a historic milestone this quarter with the successful Artemis II mission—the first crewed flight around the moon since 1972. Lockheed Martin was responsible for the Orion crew module and the spacecraft’s complex flight software, while General Dynamics provided the essential emergency radios and transponders that linked the astronauts to mission control. With the crew now safely home, we can officially declare: “mission accomplished.””
Lockheed Martin Corporation (NYSE:LMT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 83 hedge fund portfolios held Lockheed Martin Corporation (NYSE:LMT) at the end of the first quarter, up from 59 in the previous quarter. While we acknowledge the potential of Lockheed Martin Corporation (NYSE:LMT) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.