13F filer · CIK 1722329 ↗
Newport Trust Company, LLC
You are looking at Q4 2022. See the latest, Q2 2026 →
Reported value
$36.02B
+22% on the quarter before
Positions
51
1 new · 0 sold out
Top 10
81.3%
of the value
Est. gain
+$6.48B
on stocks held all quarter
Est. return
+22.3%
on those stocks since Q3 2022
Positions as of Dec 31, 2022, from Newport Trust Company, LLC's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2022. Striped tiles are options.
Largest buys
Since Q3 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- S&P Global Inc~$402.0MNew · 0.0% → 1.1%+1,200,307 shares
- Warner Bros Discovery Inc~$64.9MAdded · 1.7% → 1.3%+6,850,256 shares
- Capital One Finl Corp~$5.4MAdded · 0.9% → 0.8%+57,789 shares
- Nisource Inc~$4.3MAdded · 0.6% → 0.5%+156,151 shares
- Bank Montreal Que~$2.4MAdded · 0.4% → 0.4%+26,670 shares
- Whirlpool Corp~$583,805Added · 0.5% → 0.4%+4,127 shares
- Unisys Corp~$429,756Added · 0.0% → 0.0%+84,101 shares
- Philip Morris Intl Inc~$369,720Added · 0.2% → 0.2%+3,653 shares
- Huntington Bancshares Inc~$361,778Added · 0.4% → 0.4%+25,658 shares
- Best Buy Inc~$355,250Added · 0.3% → 0.3%+4,429 shares
Largest sells
Since Q3 2022, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- AT&T~$144.5MCut · 10.5% → 10.0%−7,849,405 shares
- Boeing Co~$135.1MCut · 18.4% → 23.4%−709,167 shares
- General Dynamics Corp~$77.6MCut · 12.0% → 11.3%−312,563 shares
- Parsons~$73.7MCut · 8.5% → 8.0%−1,593,180 shares
- 3m Co~$34.5MCut · 3.5% → 3.0%−287,801 shares
- Ford Mtr Co Del~$28.2MCut · 5.7% → 4.8%−2,422,373 shares
- Sempra~$27.0MCut · 3.7% → 3.1%−174,643 shares
- Entergy~$17.3MCut · 1.1% → 1.0%−154,128 shares
- Boston Scientific Corp~$15.2MCut · 1.0% → 0.9%−327,668 shares
- Johnson Ctls Intl Plc~$8.3MCut · 1.0% → 1.0%−129,346 shares
Holdings
As of Dec 31, 2022. Changes are in shares against Sep 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Boeing CoCOM · shares −1.6% · price +57.3% | 23.4% | $8.43B | +$3.07B | ||||||||
| General Dynamics CorpCOM · shares −1.9% · price +16.9% | 11.3% | $4.09B | +$591.9M | ||||||||
| AT&TCOM · shares −3.9% · price +20.0% | 10.0% | $3.60B | +$599.6M | ||||||||
| Honeywell TechnologiesCOM · shares 0% · price +28.3% | 10.0% | $3.59B | +$792.6M | ||||||||
| ParsonsCOM · shares −2.5% · price +18.0% | 8.0% | $2.89B | +$441.2M | ||||||||
| Ford Mtr Co DelCOM · shares −1.6% · price +3.8% | 4.8% | $1.72B | +$63.4M | ||||||||
| Dillards IncCL A · shares −0.3% · price +18.5% | 4.6% | $1.67B | +$260.5M | ||||||||
| Walt Disney Company (The)COM · shares −0.5% · price −7.9% | 3.1% | $1.12B | −$95.8M | ||||||||
| SempraCOM · shares −2.4% · price +3.1% | 3.1% | $1.10B | +$32.9M | ||||||||
| 3m CoCOM · shares −3.1% · price +8.5% | 3.0% | $1.08B | +$84.5M | ||||||||
| Humana IncCOM · shares −0.02% · price +5.6% | 1.9% | $692.6M | +$36.5M | ||||||||
| Elevance Health IncCOM · shares −1.2% · price +12.9% | 1.8% | $661.9M | +$75.8M | ||||||||
| Warner Bros Discovery IncCOM SER A · shares +15% · price −17.6% | 1.3% | $485.4M | −$89.6M | ||||||||
| S&P Global IncCOM · shares New | 1.1% | $402.0M | — | ||||||||
| Johnson Ctls Intl PlcSHS · shares −2.2% · price +30.0% | 1.0% | $365.3M | +$84.4M | ||||||||
| EntergyCOM · shares −4.8% · price +11.8% | 0.96% | $346.5M | +$36.6M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares 0% · price +17.1% | 0.95% | $342.6M | +$50.0M | ||||||||
| Boston Scientific CorpCOM · shares −4.5% · price +19.5% | 0.89% | $321.6M | +$52.4M | ||||||||
| Darden Restaurants IncCOM · shares −1.2% · price +9.5% | 0.82% | $294.9M | +$25.6M | ||||||||
| Capital One Finl CorpCOM · shares +1.9% · price +0.9% | 0.79% | $284.8M | +$2.4M | ||||||||
| Hartford Finl Svcs Group IncCOM · shares −1.9% · price +22.4% | 0.65% | $234.2M | +$42.9M | ||||||||
| Nisource IncCOM · shares +2.3% · price +8.9% | 0.52% | $187.6M | +$14.9M | ||||||||
| Yum Brands IncCOM · shares −3.2% · price +20.4% | 0.47% | $167.9M | +$28.5M | ||||||||
| Macys IncCOM · shares −1.3% · price +31.8% | 0.45% | $160.6M | +$38.7M | ||||||||
| United Airls Hldgs IncCOM · shares −2.0% · price +15.9% | 0.41% | $148.9M | +$20.4M | ||||||||
| Total · 51 positions | 100% | $36.02B | +$6.48B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2022 to Q4 2022: 50 stocks held throughout, up $6.48B (+22.3%).
- Boeing Co+$3.07B+57%
- Honeywell Technologies+$792.6M+28%
- AT&T+$599.6M+20%
- General Dynamics Corp+$591.9M+17%
- Parsons+$441.2M+18%
- Simmons 1st Natl Corp−$175,102−1%
- Unisys Corp−$2.4M−32%
- Warner Bros Discovery Inc−$89.6M−18%
- Walt Disney Company (The)−$95.8M−8%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | $41.48B+2% | SEC ↗ |
| Q1 2026 | May 14, 2026 | $40.73B−3% | SEC ↗ |
| Q4 2025 | Feb 6, 2026 | $41.79B−5% | SEC ↗ |
| Q3 2025 | Oct 31, 2025 | $43.91B+5% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $41.65B+7% | SEC ↗ |
| Q1 2025 | May 14, 2025 | $39.00B−6% | SEC ↗ |
| Q4 2024 | Feb 13, 2025 | $41.27B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $41.24B+4% | SEC ↗ |
| Q2 2024 | Aug 13, 2024 | $39.81B+8% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $36.80B−2% | SEC ↗ |
| Q4 2023 | Feb 9, 2024 | $37.50B+15% | SEC ↗ |
| Q3 2023 | Nov 8, 2023 | $32.50B−5% | SEC ↗ |
| Q2 2023 | Aug 9, 2023 | $34.26B−5% | SEC ↗ |
| Q1 2023 | May 9, 2023 | $36.15B+0% | SEC ↗ |
| Q4 2022 | Feb 3, 2023 | $36.02B+22% | SEC ↗ |
| Q3 2022 | Nov 1, 2022 | $29.57B−4% | SEC ↗ |
| Q2 2022 | Aug 9, 2022 | $30.91B−14% | SEC ↗ |
| Q1 2022 | May 10, 2022 | $35.73B−4% | SEC ↗ |
| Q4 2021 | Feb 11, 2022 | $37.09B+1% | SEC ↗ |
| Q3 2021 | Nov 5, 2021 | $36.83B−7% | SEC ↗ |
| Q2 2021 | Aug 9, 2021 | $39.55B−2% | SEC ↗ |
| Q1 2021 | May 7, 2021 | $40.19B+11% | SEC ↗ |
| Q4 2020 | Feb 8, 2021 | $36.33B+27% | SEC ↗ |
| Q3 2020 | Nov 9, 2020 | $28.68B+5% | SEC ↗ |
| Q2 2020 | Aug 11, 2020 | $27.40B+13% | SEC ↗ |
| Q1 2020 | May 14, 2020 | $24.30B−35% | SEC ↗ |
| Q4 2019 | Feb 5, 2020 | $37.27B−1% | SEC ↗ |
| Q3 2019 | Nov 4, 2019 | $37.60B+2% | SEC ↗ |
| Q2 2019 | Aug 12, 2019 | $36.97B+11% | SEC ↗ |
| Q1 2019 | May 2, 2019 | $33.35B+9% | SEC ↗ |
| Q4 2018 | Feb 4, 2019 | $30.71B−15% | SEC ↗ |
| Q3 2018 | Nov 9, 2018 | $36.01B+5% | SEC ↗ |
| Q2 2018 | Jul 27, 2018 | $34.43B−3% | SEC ↗ |
| Q1 2018 | May 4, 2018 | $35.54B−1% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $35.89B | SEC ↗ |