Newport Trust 13F annual report
Newport Trust is an investment fund managing more than $39.8 trillion ran by William Iii. There are currently 60 companies in Mr. Iii’s portfolio. The largest investments include Boeing Co and Parsons Corp, together worth $10.4 trillion.
$39.8 trillion Assets Under Management (AUM)
As of 6th August 2024, Newport Trust’s top holding is 31,640,184 shares of Boeing Co currently worth over $5.76 trillion and making up 14.5% of the portfolio value.
Relative to the number of outstanding shares of Boeing Co, Newport Trust owns less than approximately 0.1% of the company.
In addition, the fund holds 56,261,062 shares of Parsons Corp worth $4.6 trillion, whose value grew 37.6% in the past six months.
The third-largest holding is General Dynamics worth $4.49 trillion and the next is AT&T worth $3.78 trillion, with 197,976,579 shares owned.
Currently, Newport Trust's portfolio is worth at least $39.8 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Newport Trust
The Newport Trust office and employees reside in Washington, District Of Columbia. According to the last 13-F report filed with the SEC, William Iii serves as the CEO, President and Chief Fiduciary Officer at Newport Trust.
Recent trades
In the most recent 13F filing, Newport Trust revealed that it had opened a new position in
GE Aerospace and bought 16,439,151 shares worth $2.61 trillion.
This means they effectively own approximately 0.1% of the company.
GE Aerospace makes up
11.6%
of the fund's Industrials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Boeing Co by buying
388,633 additional shares.
This makes their stake in Boeing Co total 31,640,184 shares worth $5.76 trillion.
Boeing Co dropped approximately 0.1% in the past year.
On the other hand, there are companies that Newport Trust is getting rid of from its portfolio.
Newport Trust closed its position in Triumph on 13th August 2024.
It sold the previously owned 488,916 shares for $7.35 billion.
William Iii also disclosed a decreased stake in Parsons Corp by approximately 0.1%.
This leaves the value of the investment at $4.6 trillion and 56,261,062 shares.
One of the largest hedge funds
The two most similar investment funds to Newport Trust are Polen Capital Management and Korea Investment Corp. They manage $39.9 trillion and $39.7 trillion respectively.
William Iii investment strategy
Newport Trust’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Industrials — making up 56.5% of
the total portfolio value.
The fund focuses on investments in the United States as
56.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
38% of the total holdings value.
On the other hand, small-cap stocks make up only 1.7% of the portfolio.
The average market cap of the portfolio companies is close to $43.8 billion.
The complete list of Newport Trust trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Boeing Co. |
1.24%
31,640,184
|
$5,758,829,890,000 | 14.47% |
| Parsons Corp |
3.17%
56,261,062
|
$4,602,717,504,000 | 11.56% |
| General Dynamics Corp. |
1.04%
15,462,857
|
$4,486,393,395,000 | 11.27% |
| AT&T Inc. |
0.93%
197,976,579
|
$3,783,332,425,000 | 9.50% |
| Honeywell International Inc |
No change
15,677,997
|
$3,347,879,479,000 | 8.41% |
| GE Aerospace |
Opened
16,439,151
|
$2,613,331,892,000 | 6.56% |
| Dillards Inc |
1.90%
4,844,096
|
$2,133,291,437,000 | 5.36% |
| Ford Mtr Co Del |
0.02%
154,195,638
|
$1,933,613,313,000 | 4.86% |
| Disney Walt Co |
0.85%
12,129,685
|
$1,204,356,457,000 | 3.03% |
| Sempra |
2.08%
13,788,073
|
$1,048,720,998,000 | 2.63% |
| 3M Co. |
2.70%
7,591,617
|
$775,787,341,000 | 1.95% |
| Ge Vernova Inc |
Opened
3,790,680
|
$650,139,527,000 | 1.63% |
| Elevance Health Inc |
2.83%
1,145,768
|
$620,845,848,000 | 1.56% |
| Emerson Elec Co |
Opened
5,218,845
|
$574,907,965,000 | 1.44% |
| S&P Global Inc |
2.24%
1,149,337
|
$512,604,302,000 | 1.29% |
| Delta Air Lines, Inc. |
No change
10,425,433
|
$494,582,542,000 | 1.24% |
| Nike, Inc. |
4.00%
6,549,723
|
$493,652,623,000 | 1.24% |
| Humana Inc. |
4.36%
1,145,752
|
$428,110,235,000 | 1.08% |
| Woodward Inc |
4.93%
2,264,854
|
$394,945,241,000 | 0.99% |
| Capital One Finl Corp |
2.57%
2,786,076
|
$385,732,222,000 | 0.97% |
| Johnson Ctls Intl Plc |
5.56%
5,056,891
|
$336,131,545,000 | 0.84% |
| Entergy Corp. |
0.90%
2,850,643
|
$305,018,935,000 | 0.77% |
| Darden Restaurants, Inc. |
0.28%
2,010,438
|
$304,219,478,000 | 0.76% |
| Hartford Finl Svcs Group Inc |
1.98%
2,820,369
|
$283,559,899,000 | 0.71% |
| NiSource Inc |
1.41%
6,224,708
|
$179,333,837,000 | 0.45% |
| United Airls Hldgs Inc |
1.25%
3,664,493
|
$178,314,279,000 | 0.45% |
| Huntington Bancshares, Inc. |
1.63%
11,375,711
|
$149,931,875,000 | 0.38% |
| Whirlpool Corp. |
23.83%
1,402,941
|
$143,380,570,000 | 0.36% |
| Macys Inc |
1.04%
7,382,167
|
$141,737,606,000 | 0.36% |
| Moodys Corp |
0.87%
307,491
|
$129,432,187,000 | 0.33% |
| State Str Corp |
2.28%
1,729,523
|
$127,984,702,000 | 0.32% |
| Bank Montreal Que |
1.06%
1,411,695
|
$118,370,626,000 | 0.30% |
| Solventum Corp |
Opened
1,871,703
|
$98,975,708,000 | 0.25% |
| Best Buy Co. Inc. |
1.88%
1,152,144
|
$97,114,218,000 | 0.24% |
| Kraft Heinz Co |
4.13%
2,972,986
|
$95,789,637,000 | 0.24% |
| British Amern Tob Plc |
5.61%
3,019,939
|
$93,406,713,000 | 0.23% |
| Valvoline Inc |
2.34%
1,695,183
|
$73,231,906,000 | 0.18% |
| Warner Bros.Discovery Inc |
4.74%
9,776,827
|
$72,739,593,000 | 0.18% |
| Philip Morris International Inc |
4.11%
589,751
|
$59,759,532,000 | 0.15% |
| Waters Corp. |
0.78%
205,411
|
$59,593,839,000 | 0.15% |
| Veralto Corp |
7.49%
574,063
|
$54,805,795,000 | 0.14% |
| Ashland Inc |
2.65%
560,197
|
$52,933,090,000 | 0.13% |
| Consolidated Edison, Inc. |
2.19%
560,759
|
$50,143,070,000 | 0.13% |
| Premier Inc |
1.43%
2,533,701
|
$47,304,198,000 | 0.12% |
| Bank Ozk Little Rock Ark |
2.03%
1,147,350
|
$47,041,373,000 | 0.12% |
| Pinnacle West Cap Corp |
7.26%
579,289
|
$44,246,094,000 | 0.11% |
| Goodyear Tire & Rubr Co |
1.57%
3,535,167
|
$40,124,145,000 | 0.10% |
| Walgreens Boots Alliance Inc |
Opened
2,565,355
|
$31,027,969,000 | 0.08% |
| Belden Inc |
0.44%
293,104
|
$27,493,155,000 | 0.07% |
| Bank Hawaii Corp |
0.88%
398,430
|
$22,794,180,000 | 0.06% |
| Bath & Body Works Inc |
10.80%
540,987
|
$21,125,542,000 | 0.05% |
| LiveRamp Holdings Inc |
1.95%
678,743
|
$21,000,328,000 | 0.05% |
| Trustmark Corp. |
4.85%
546,409
|
$16,414,156,000 | 0.04% |
| Simmons 1st Natl Corp |
1.51%
690,161
|
$12,133,043,000 | 0.03% |
| Triumph Group Inc. |
Closed
488,916
|
$7,353,297,000 | |
| Genworth Finl Inc |
7.54%
1,214,825
|
$7,337,543,000 | 0.02% |
| Altria Group Inc. |
2.78%
159,780
|
$7,277,984,000 | 0.02% |
| Unisys Corp. |
0.53%
1,304,955
|
$5,389,464,000 | 0.01% |
| Mondelez International Inc. |
0.14%
68,619
|
$4,490,456,000 | 0.01% |
| Victorias Secret And Co |
9.74%
153,621
|
$2,714,483,000 | 0.01% |
| Metropolitan Bk Hldg Corp |
Opened
8,544
|
$359,631,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 61 holdings | |||
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