13F filer · CIK 1722329 ↗
Newport Trust Company, LLC
You are looking at Q4 2023. See the latest, Q2 2026 →
Reported value
$37.50B
+15% on the quarter before
Positions
57
1 new · 1 sold out
Top 10
79.7%
of the value
Est. gain
+$5.52B
on stocks held all quarter
Est. return
+17.4%
on those stocks since Q3 2023
Positions as of Dec 31, 2023, 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 2023. Striped tiles are options.
Largest buys
Since Q3 2023, 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.
- Ford Mtr Co Del~$81.3MAdded · 5.7% → 5.0%+6,667,808 shares
- Danaher Corporation~$54.7MNew · 0.0% → 0.1%+665,502 shares
- Dillards Inc~$19.4MAdded · 5.0% → 5.4%+47,951 shares
- Whirlpool Corp~$12.7MAdded · 0.4% → 0.4%+103,909 shares
- Belden Inc~$825,339Added · 0.1% → 0.1%+10,684 shares
- Unisys Corp~$296,208Added · 0.0% → 0.0%+52,706 shares
- Best Buy Inc~$28,885Added · 0.3% → 0.3%+369 shares
- Bank Hawaii Corp~$10,289Added · 0.1% → 0.1%+142 shares
Largest sells
Since Q3 2023, 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.
- Boeing Co~$255.3MCut · 19.7% → 22.5%−979,362 shares
- Honeywell Technologies~$112.9MCut · 9.2% → 8.8%−538,392 shares
- General Dynamics Corp~$108.3MCut · 11.1% → 11.0%−417,232 shares
- GE HealthCare~$51.7MCut · 1.1% → 0.9%−668,343 shares
- Parsons~$50.0MCut · 10.0% → 9.9%−797,051 shares
- Emerson Electric~$23.1MCut · 0.2% → 0.1%−237,000 shares
- 3m Co~$22.7MCut · 2.4% → 2.4%−207,694 shares
- Capital One Finl Corp~$19.1MCut · 0.9% → 1.0%−145,364 shares
- Sempra~$16.0MCut · 3.0% → 2.8%−214,609 shares
- Elevance Health Inc~$14.7MCut · 1.7% → 1.5%−31,119 shares
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Boeing CoCOM · shares −2.9% · price +36.0% | 22.5% | $8.44B | +$2.23B | ||||||||
| General Dynamics CorpCOM · shares −2.6% · price +17.5% | 11.0% | $4.12B | +$614.3M | ||||||||
| ParsonsCOM · shares −1.3% · price +15.4% | 9.9% | $3.70B | +$493.2M | ||||||||
| AT&TCOM · shares −0.4% · price +11.7% | 8.9% | $3.34B | +$350.7M | ||||||||
| Honeywell TechnologiesCOM · shares −3.3% · price +13.5% | 8.8% | $3.29B | +$391.5M | ||||||||
| Dillards IncCL A · shares +1.0% · price +22.0% | 5.4% | $2.02B | +$360.9M | ||||||||
| Ford Mtr Co DelCOM · shares +4.5% · price −1.9% | 5.0% | $1.89B | −$34.2M | ||||||||
| Walt Disney Company (The)COM · shares −1.1% · price +11.4% | 3.0% | $1.12B | +$114.6M | ||||||||
| SempraCOM · shares −1.5% · price +9.8% | 2.8% | $1.06B | +$95.2M | ||||||||
| 3m CoCOM · shares −2.5% · price +16.8% | 2.4% | $883.4M | +$126.9M | ||||||||
| Nike IncCL B · shares −1.8% · price +13.5% | 2.0% | $758.2M | +$90.4M | ||||||||
| Humana IncCOM · shares −2.1% · price −5.9% | 1.6% | $582.8M | −$36.6M | ||||||||
| Elevance Health IncCOM · shares −2.5% · price +8.3% | 1.5% | $570.8M | +$43.7M | ||||||||
| S&P Global IncCOM · shares −1.4% · price +20.6% | 1.4% | $518.2M | +$88.4M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares 0% · price +8.7% | 1.1% | $419.4M | +$33.7M | ||||||||
| Boston Scientific CorpCOM · shares −1.2% · price +9.5% | 1.0% | $390.2M | +$33.8M | ||||||||
| Capital One Finl CorpCOM · shares −4.7% · price +35.1% | 1.0% | $386.5M | +$100.4M | ||||||||
| Darden Restaurants IncCOM · shares −0.8% · price +14.7% | 0.90% | $338.5M | +$43.4M | ||||||||
| GE HealthCareCOMMON STOCK · shares −13% · price +13.6% | 0.90% | $337.2M | +$40.5M | ||||||||
| Johnson Ctls Intl PlcSHS · shares −2.3% · price +8.3% | 0.83% | $312.6M | +$24.0M | ||||||||
| EntergyCOM · shares −2.0% · price +9.4% | 0.79% | $294.6M | +$25.3M | ||||||||
| Hartford Finl Svcs Group IncCOM · shares −2.0% · price +13.4% | 0.63% | $235.4M | +$27.7M | ||||||||
| Nisource IncCOM · shares −1.2% · price +7.6% | 0.45% | $169.1M | +$11.9M | ||||||||
| Yum Brands IncCOM · shares −1.9% · price +4.6% | 0.44% | $163.2M | +$7.1M | ||||||||
| United Airls Hldgs IncCOM · shares −1.2% · price −2.5% | 0.41% | $155.1M | −$3.9M | ||||||||
| Total · 57 positions | 100% | $37.50B | +$5.52B |
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 2023 to Q4 2023: 56 stocks held throughout, up $5.52B (+17.4%).
- Boeing Co+$2.23B+36%
- General Dynamics Corp+$614.3M+18%
- Parsons+$493.2M+15%
- Honeywell Technologies+$391.5M+14%
- Dillards Inc+$360.9M+22%
- Belden Inc−$5.3M−20%
- British Amern Tob Plc−$6.8M−7%
- Whirlpool Corp−$12.7M−9%
- Ford Mtr Co Del−$34.2M−2%
- Humana Inc−$36.6M−6%
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 ↗ |