Newport Trust Company Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$45.5M |
| 2 |
TGI
Triumph Group
TGI
|
+$21.5M |
| 3 |
Capital One
COF
|
+$3.98M |
| 4 |
Belden
BDC
|
+$846K |
| 5 |
State Street
STT
|
+$520K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$1.26B |
| 2 |
Warner Bros
WBD
|
+$385M |
| 3 |
BorgWarner
BWA
|
+$71.3M |
| 4 |
Parsons
PSN
|
+$63.4M |
| 5 |
3M
MMM
|
+$26.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 47.51% |
| 2 | Consumer Discretionary | 14.48% |
| 3 | Communication Services | 13% |
| 4 | Technology | 8.8% |
| 5 | Healthcare | 5.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Unisys
UIS
$211M
| $4.63M | 0.01% |
1,163,099
+65,580
| +6% | +$260K |
|
|
52
BorgWarner
BWA
$14.1B
| – | – |
-1,649,612
| Closed | -$71.3M |
|
Similar funds
Newport Trust Company's Q2 2023 Portfolio in Review
As of Q2 2023, Newport Trust Company held 52 positions worth $34.3B, down 5.2% from $36.1B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Newport Trust Company withdrew a net $1.89B in Q2 2023, closing 1 position and reducing 40 holdings. Its most notable exit was BorgWarner, an estimated $71.3M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 48% of assets, down from 48% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Newport Trust Company opened a new position in Triumph Group worth $23.3M.
- Newport Trust Company's largest Q2 2023 buy was Triumph Group: 1,881,336 shares worth $23.3M.
- Newport Trust Company added most to AT&T in Q2 2023, an estimated $45.5M increase.
- Newport Trust Company's biggest Q2 2023 reduction was Boeing, cutting an estimated $1.26B.
- Newport Trust Company fully exited BorgWarner in Q2 2023, selling an estimated $71.3M.
- Newport Trust Company's ten largest holdings make up 80% of its $34.3B portfolio in Q2 2023.
- Newport Trust Company opened 1 new position and closed 1 in Q2 2023.
- Newport Trust Company's portfolio value fell 5.2% quarter-over-quarter to $34.3B.
Based on Newport Trust Company's 13F filing for Q2 2023, filed 9 Aug 2023.