13F filer · CIK 1722329 ↗
Newport Trust Company, LLC
You are looking at Q2 2025. See the latest, Q2 2026 →
Reported value
$41.65B
+6.8% on the quarter before
Positions
64
2 new · 2 sold out
Top 10
74.8%
of the value
Est. gain
+$4.91B
on stocks held all quarter
Est. return
+13.5%
on those stocks since Q1 2025
Positions as of Jun 30, 2025, 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 Q1 2025. Striped tiles are options.
Largest buys
Since Q1 2025, 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.
- Latam Airlines Group Sa~$229.0MNew · 0.0% → 0.5%+5,634,993 shares
- Dupont De Nemours Inc~$38.9MNew · 0.0% → 0.1%+567,647 shares
- Whirlpool Corp~$25.5MAdded · 0.4% → 0.5%+251,008 shares
- Best Buy Inc~$2.1MAdded · 0.2% → 0.2%+31,385 shares
- Belden Inc~$1.5MAdded · 0.1% → 0.1%+13,108 shares
- Bank Ozk Little Rock Ark~$1.2MAdded · 0.1% → 0.1%+24,706 shares
- Ashland Inc~$427,330Added · 0.1% → 0.1%+8,499 shares
- Macys Inc~$289,390Added · 0.2% → 0.2%+24,819 shares
- Metropolitan Bk Hldg Corp~$22,472Added · 0.0% → 0.0%+321 shares
- Fortis Inc~$12,172Added · 0.0% → 0.0%+255 shares
Largest sells
Since Q1 2025, 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.
- GE Vernova~$980.0MCut · 2.8% → 2.2%−1,852,037 shares
- Ge Aerospace~$975.8MCut · 7.1% → 6.2%−3,791,208 shares
- Boeing Co~$429.4MCut · 13.4% → 14.3%−2,049,386 shares
- Honeywell Technologies~$108.9MCut · 8.0% → 8.0%−467,504 shares
- Solventum Corp~$104.4MCut · 0.3% → 0.0%−1,377,043 shares
- General Dynamics Corp~$100.2MCut · 10.3% → 10.1%−343,470 shares
- 3m Co~$97.9MCut · 2.6% → 2.2%−642,975 shares
- Danaher Corporation~$94.4MSold out · 0.2% → 0.0%−460,517 shares
- AT&T~$77.3MCut · 13.8% → 13.0%−2,671,940 shares
- Parsons~$60.8MCut · 8.0% → 9.0%−846,938 shares
Holdings
As of Jun 30, 2025. Changes are in shares against Mar 31, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Boeing CoCOM · shares −6.7% · price +22.9% | 14.3% | $5.97B | +$1.11B | ||||||||
| AT&TCOM · shares −1.4% · price +2.3% | 13.0% | $5.41B | +$123.5M | ||||||||
| General Dynamics CorpCOM · shares −2.3% · price +7.0% | 10.1% | $4.21B | +$275.1M | ||||||||
| ParsonsCOM · shares −1.6% · price +21.2% | 9.0% | $3.74B | +$654.7M | ||||||||
| Honeywell TechnologiesCOM · shares −3.2% · price +10.0% | 8.0% | $3.32B | +$301.2M | ||||||||
| Ge AerospaceCOM NEW · shares −27% · price +28.6% | 6.2% | $2.59B | +$577.1M | ||||||||
| Dillards IncCL A · shares −2.1% · price +16.7% | 4.7% | $1.95B | +$278.9M | ||||||||
| Ford Mtr CoCOM · shares −1.3% · price +8.2% | 3.9% | $1.61B | +$121.7M | ||||||||
| Walt Disney Company (The)COM · shares −2.3% · price +25.6% | 3.4% | $1.40B | +$284.9M | ||||||||
| SempraCOM · shares −3.8% · price +6.2% | 2.3% | $972.0M | +$56.6M | ||||||||
| 3m CoCOM · shares −9.5% · price +3.7% | 2.2% | $937.1M | +$33.1M | ||||||||
| GE VernovaCOM · shares −52% · price +73.3% | 2.2% | $906.3M | +$383.4M | ||||||||
| Emerson ElectricCOM · shares −2.4% · price +21.6% | 1.5% | $634.4M | +$112.7M | ||||||||
| S&P Global IncCOM · shares −0.9% · price +3.8% | 1.4% | $571.7M | +$20.8M | ||||||||
| Capital One Finl CorpCOM · shares −0.2% · price +18.7% | 1.3% | $545.3M | +$85.8M | ||||||||
| Woodward IncCOM · shares −3.2% · price +34.3% | 1.2% | $520.5M | +$132.9M | ||||||||
| Johnson Ctls Intl PlcSHS · shares −4.0% · price +34.0% | 1.1% | $471.9M | +$119.7M | ||||||||
| EntergyCOM · shares −0.8% · price −2.8% | 1.1% | $454.3M | −$13.0M | ||||||||
| Delta Air Lines Inc DelCOM NEW · shares 0% · price +12.8% | 1.1% | $453.3M | +$51.4M | ||||||||
| Nike IncCL B · shares −1.6% · price +11.9% | 0.98% | $409.1M | +$43.5M | ||||||||
| Elevance Health IncCOM · shares −2.0% · price −10.6% | 0.98% | $406.9M | −$48.1M | ||||||||
| Darden Restaurants IncCOM · shares −2.0% · price +4.9% | 0.98% | $406.3M | +$19.0M | ||||||||
| Hartford Insurance Group IncCOM · shares −2.1% · price +2.5% | 0.78% | $326.2M | +$8.1M | ||||||||
| United Airls Hldgs IncCOM · shares −1.2% · price +15.3% | 0.65% | $272.0M | +$36.1M | ||||||||
| Humana IncCOM · shares −0.3% · price −7.6% | 0.64% | $266.9M | −$22.0M | ||||||||
| Total · 64 positions | 100% | $41.65B | +$4.91B |
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 Q1 2025 to Q2 2025: 62 stocks held throughout, up $4.91B (+13.5%).
- Boeing Co+$1.11B+23%
- Parsons+$654.7M+21%
- Ge Aerospace+$577.1M+29%
- GE Vernova+$383.4M+73%
- Honeywell Technologies+$301.2M+10%
- Xcel Energy−$10.5M−4%
- Kraft Heinz Co−$11.8M−15%
- Entergy−$13.0M−3%
- Humana Inc−$22.0M−8%
- Elevance Health Inc−$48.1M−11%
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 ↗ |