The filing also documents an extensive investment reshuffle. Among the dozens of individual stocks Hegseth unloaded in early 2025 were shares of Lockheed Martin $LMT and Northrop Grumman $NOC, both of which he disposed of in February 2025 at proceeds of between $1,001 and $15,000 apiece. Under his ethics agreement, Hegseth was required to consult ethics officials about potential conflicts, though the agreement stopped short of mandating that he divest those holdings, according to CNBC. He also sold Apple $AAPL stock for between $15,001 and $50,000 and Amazon $AMZN.com stock in the same range, among other transactions.