13FPulse
LH

LHX L3HARRIS TECHNOLOGIES INC

2026Q2 · CUSIP 502431109 · Sector: Industrials

Exiting + falling

Funds leaving and price falling — historically weak for the next six months

Funds that own it
1,657
Institutions that reported holding it to the SEC
Net decrease in holders
78
Last quarter 1,735 → now 1,657
How unusual is that
Bottom 20%
Stronger than only 1.2% of US stocks
What the filings say, in one paragraph

1,657 funds held LHX at the end of 2026Q2, down 78 from the quarter before. Buying is stronger than only 1.2% of US stocks, and the price fell over the same quarter — funds leaving and price weakness at the same time. On the business itself, the P/E is 26.6x, return on equity is 9.4%. LHX has had 17 buying rushes in its history, and the price moved +5.3% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2014Q3: holders=1 2014Q4: holders=1 2015Q1: holders=1 2015Q2: holders=1 2015Q3: holders=1 2015Q4: holders=1 2016Q1: holders=3 2016Q2: holders=3 2016Q3: holders=3 2016Q4: holders=4 2017Q1: holders=3 2017Q2: holders=3 2017Q3: holders=3 2017Q4: holders=3 2018Q1: holders=3 2018Q2: holders=3 2018Q3: holders=3 2018Q4: holders=3 2019Q1: holders=4 2019Q2: holders=61 2019Q3: holders=985 2019Q4: holders=1081 2020Q1: holders=1061 2020Q2: holders=1089 2020Q3: holders=1039 2020Q4: holders=1130 2021Q1: holders=1138 2021Q2: holders=1148 2021Q3: holders=1141 2021Q4: holders=1210 2022Q1: holders=1237 2022Q2: holders=1195 2022Q3: holders=1180 2022Q4: holders=1244 2023Q1: holders=1215 2023Q2: holders=1184 2023Q3: holders=1170 2023Q4: holders=1259 2024Q1: holders=1280 2024Q2: holders=1330 2024Q3: holders=1354 2024Q4: holders=1407 2025Q1: holders=1364 2025Q2: holders=1447 2025Q3: holders=1543 2025Q4: holders=1625 2026Q1: holders=1735 2026Q2: holders=1657 -924 -462 +0 +462 +924 09111822 14Q316Q117Q319Q120Q322Q123Q325Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 17 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q1 Top 5%
2025Q4 Top 5% -13.5%
2025Q3 Top 5% +24.7% +7.8%
2025Q2 Top 5% +6.9% +30.6%
2024Q4 Top 10% +17.1% +39.0%
2024Q3 Top 20% -18.5% -1.5%
2024Q2 Top 5% +9.1% -14.0%
2024Q1 Top 20% +3.6% +11.6%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
338
Change in large funds
+35
Total value they hold
$47.4B
Funds buying for the first time
142
Funds that sold out entirely
220
Price change that quarter
-15.0%
Funds holding puts (bearish)
19
Funds holding calls (bullish)
24

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
26.6
EPS (TTM)
$9.90
EPS YoY
+10.6%
Revenue (TTM)
Revenue YoY
Net margin
ROE
9.4%
Debt ratio
51.4%
FCF (TTM)
$2.8B
Dividend (TTM)
$4.90
Quarterly Revenue & EPS
2022-09-30: EPS -1.56 2022-12-30: EPS 2.19 2023-03-31: EPS 1.76 2023-06-30: EPS 1.83 2023-09-29: EPS 2.02 2023-12-29: EPS 0.83 2024-03-29: EPS 1.48 2024-06-28: EPS 1.92 2024-09-27: EPS 2.10 2025-01-03: EPS 2.37 2025-03-28: EPS 2.04 2025-06-27: EPS 2.44 2025-10-03: EPS 2.46 2026-01-02: EPS 1.59 2026-04-03: EPS 2.72 2026-07-03: EPS 3.13 -1.72 0.86 3.44 2022202320242025202607/26 EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 31 21 32 43 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-219M793M1.8B 20162017201820192020202120222023202420252026
Latest quarter $-194M (2026-04-03)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-07-03 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.