NT
Newport Trust Company, LLC 13F Holdings (Q2 2026) — Stock Portfolio & Buys
Newport Trust Company, LLCCIK: 0001722329
Diversified strategyContrarianSector-focused
Total reported value
$41.5B
Reporting period: 2026-06-30 · Number of holdings: 63
Newport Trust Company, LLC disclosed 63 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $41.5B and a quarterly turnover rate of 26.7%.
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Personality snowflake
- Concentration
- 27.75
- Portfolio Stability
- 26.68
- Momentum
- 0
- Sector conviction
- 99.67
- Diversification
- 100
- Sizing Uniformity
- 81.49
Newport Trust Company, LLC's disclosed holdings carry a Herfindahl concentration index of 0.069 — mathematically equivalent to about 14 equally-sized positions, well below its 63 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.85), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 3.3 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govSold out HON
New buy 438516205
Trim T
-0.4% -$1.5B
Add GE
-3.4% $738.5M
Add GEV
-2.6% $436.3M
Add BA
-1.4% $412.4M
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
The dominant moves this quarter are a full exit from Honeywell (HON) and the establishment of a new 6.94% position (CUSIP 438516205, likely Hartford Financial Services). AT&T (T) saw a significant reduction, dropping from 12.77% to 8.92% of the portfolio. Meanwhile, GE shows a curious pattern: marked as a 'trim,' yet its weight rose from 6.65% to 8.31%, indicating the share reduction was outpaced by price appreciation—a passive increase in effective exposure. The activity suggests a rotation away from telecom and legacy industrials into a new financial-sector holding.
Macro & Fundamentals
With industrials at 54.14% of the portfolio, sector conviction is exceptionally high. The reduction in telecom (AT&T) and introduction of a new financial name may align with a market environment where higher-for-longer rates benefit insurers and financials—a plausible but unconfirmed inference. The data alone cannot establish causality; it merely shows flows consistent with that narrative.
Blind Spots / Risks
The most pressing risk is the outsized 14.75% position in Boeing (BA), which was barely adjusted this quarter. Given the stock's historical exposure to delivery delays and liquidity stress, this concentration introduces significant idiosyncratic volatility that diversification metrics may understate. The coefficient of variation (1.85) already hints at uneven position sizing; BA remains a high-beta core holding that could dominate portfolio outcomes in either direction.
This narrative is generated by AI from data disclosed in this institution's SEC EDGAR Form 13F filings and describes past holdings only. It is not a recommendation to buy or sell any security; the source filing is linked below. View the original 2026-06-30 Form 13F filing on SEC.gov
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | BA | Boeing Co/the | Stock-Industrials | 14.75% | +0.74% | -1.41% | |
| 2 | GD | General Dynamics CORP | Stock-Industrials | 11.44% | — | -1.27% | |
| 3 | T | At&t Inc | Stock-Comm Services | 8.92% | -3.85% | -0.42% | |
| 4 | GE | General Electric | Stock-Industrials | 8.31% | +1.66% | -3.38% | |
| 5 | ✓ | Stock-Other | 6.94% | +6.94% | NEW | ||
| 6 | PSN | Parsons CORP | Stock-Tech | 6.24% | -0.43% | -1.53% | |
| 7 | DDS | Dillards Inc-cl A | Stock-Other | 5.70% | -0.64% | -0.87% | |
| 8 | GEV | GE Vernova Inc | Stock-Industrials | 4.43% | +0.99% | -2.57% | |
| 9 | F | Ford Motor Co | Stock-Consumer Disc | 4.39% | +0.44% | -5.88% | |
| 10 | SRE | Sempra | Stock-Utilities | 2.45% | -0.23% | -2.56% | |
| 11 | DIS | Walt Disney Co/the | Stock-Comm Services | 2.41% | -0.13% | -2.97% | |
| 12 | MMM | 3m Co | Stock-Industrials | 2.13% | +0.14% | -2.48% | |
| 13 | WWD | Woodward Inc | Stock-Industrials | 1.95% | +0.19% | -5.13% | |
| 14 | EMR | Emerson Electric Co | Stock-Industrials | 1.47% | +0.07% | -2.24% | |
| 15 | JNJ | Johnson & Johnson | Stock-Healthcare | 1.43% | +0.09% | -2.57% | |
| 16 | ETR | Entergy CORP | Stock-Utilities | 1.43% | -0.01% | -1.05% | |
| 17 | DAL | Delta Air Lines Inc | Stock-Industrials | 1.40% | +0.12% | -20.98% | |
| 18 | COF | Capital One Financial CORP | Stock-Financials | 1.27% | +0.08% | -0.50% | |
| 19 | UAL | United Airlines Holdings Inc | Stock-Industrials | 1.03% | +0.30% | -2.42% | |
| 20 | SPGI | S&p Global Inc | Stock-Financials | 0.97% | -0.11% | -4.70% | |
| 21 | HUM | Humana Inc | Stock-Healthcare | 0.93% | +0.48% | -7.46% | |
| 22 | ELV | Elevance Health Inc | Stock-Healthcare | 0.89% | +0.18% | -3.07% | |
| 23 | DRI | Darden Restaurants Inc | Stock-Consumer Disc | 0.87% | +0.01% | -1.71% | |
| 24 | HIG | Hartford Insurance Group Inc | Stock-Financials | 0.76% | -0.04% | -2.05% | |
| 25 | XEL | Xcel Energy Inc | Stock-Utilities | 0.70% | -0.01% | -1.30% | |
| 26 | NI | Nisource Inc | Stock-Utilities | 0.62% | -0.02% | -3.23% | |
| 27 | STT | State Street CORP | Stock-Financials | 0.57% | +0.13% | -2.52% | |
| 28 | BMO | Bank Of Montreal | Stock-Financials | 0.54% | +0.11% | -2.89% | |
| 29 | NKE | Nike Inc -cl B | Stock-Consumer Disc | 0.52% | -0.18% | -2.23% | |
| 30 | HBAN | Huntington Bancshares Inc | Stock-Financials | 0.50% | +0.10% | +13.77% | |
| 31 | LTM | Latam Airlines Group Sa-adr | Stock-Other | 0.46% | +0.07% | — | |
| 32 | WBD | Warner Bros Discovery Inc | Stock-Comm Services | 0.45% | -0.04% | -2.62% | |
| 33 | M | Macy's, Inc. | Stock-Consumer Disc | 0.38% | +0.07% | -2.51% | |
| 34 | BTI | British American Tob-sp Adr | Stock-Consumer Staples | 0.37% | +0.01% | -1.90% | |
| 35 | MCO | Moody's CORP | Stock-Financials | 0.30% | +0.01% | -0.80% | |
| 36 | WHR | Whirlpool CORP | Stock-Consumer Disc | 0.27% | -0.07% | +11.92% | |
| 37 | BBY | Best Buy Co Inc | Stock-Consumer Disc | 0.21% | +0.03% | -2.29% | |
| 38 | WAT | Waters CORP | Stock-Healthcare | 0.17% | +0.04% | -0.65% | |
| 39 | PM | Philip Morris International | Stock-Consumer Staples | 0.15% | +0.01% | -1.25% | |
| 40 | KHC | Kraft Heinz Co/the | Stock-Consumer Staples | 0.13% | — | -2.22% | |
| 41 | ED | Consolidated Edison Inc | Stock-Utilities | 0.12% | -0.01% | -3.14% | |
| 42 | VVV | Valvoline Inc | Stock-Consumer Disc | 0.12% | +0.01% | -5.45% | |
| 43 | PNW | Pinnacle West Capital | Stock-Utilities | 0.12% | +0.01% | -1.61% | |
| 44 | BDC | Belden Inc | Stock-Tech | 0.10% | — | +2.92% | |
| 45 | OZK | Bank Ozk | Stock-Financials | 0.07% | — | -3.05% | |
| 46 | SNY | Sanofi-adr | Stock-Healthcare | 0.07% | -0.02% | -5.64% | |
| 47 | ASH | Ashland Inc | Stock-Materials | 0.07% | +0.01% | -1.86% | |
| 48 | BOH | Bank Of Hawaii CORP | Stock-Other | 0.07% | +0.01% | -3.19% | |
| 49 | Q | Qnity Electronics Inc | Stock-Tech | 0.06% | +0.01% | -14.83% | |
| 50 | GT | Goodyear Tire & Rubber Co | Stock-Consumer Disc | 0.05% | -0.01% | -4.16% |
1–50 of 63
Portfolio Performance
Performance for Q3 2026
-0.9%
Performance Last 4 Quarters
+4.3%
- Stdev
- +13.6%
- Beta
- +0.8
- Alpha
- -1.6%
- Max Drawdown
- -7.7%
- Annualized Perf
- +14.4%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +1.93
- Stutzer
- +0.31
- Treynor
- +0.18
- Sterling
- +0.9
- Calmar
- +1.88
- Information Ratio
- -0.61
- Tracking Error
- +9.1%
- Stdev Down
- +7.5%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +30.1%
- Worst 12 Months
- +2.4%
- Efficiency Ratio
- +0.43
- Sharpe
- +1.07
- Stdev Sectors
- +15.2%
- Skewness
- -0.01
- Kurtosis
- +0.21
- Upside Potential
- +3.56
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 63 | $41.5B | 27 | ||
| 2026 Q1 | 64 | $40.7B | 11 | ||
| 2025 Q4 | 64 | $41.8B | 8 | ||
| 2025 Q3 | 63 | $43.9B | 16 | ||
| 2025 Q2 | 64 | $41.7B | 0 | ||
| 2025 Q1 | 64 | $39.0B | 100 | ||
| 2024 Q4 | 64 | $41.3B | 0 | ||
| 2024 Q3 | 62 | $41.2B | 0 | ||
| 2024 Q2 | 60 | $39.8B | 0 | ||
| 2024 Q1 | 55 | $36.8B | 0 | ||
| 2023 Q4 | 57 | $37.5B | 0 | ||
| 2023 Q3 | 57 | $32.5B | 0 | ||
| 2023 Q2 | 52 | $34.3B | 0 | ||
| 2023 Q1 | 53 | $36.1B | 0 | ||
| 2022 Q4 | 53 | $36.0B | 0 | ||
| 2022 Q3 | 52 | $29.6B | 0 | ||
| 2022 Q2 | 51 | $30.9B | 0 | ||
| 2022 Q1 | 51 | $35.7B | 0 | ||
| 2021 Q4 | 52 | $37.1B | 0 | ||
| 2021 Q3 | 55 | $36.8B | 0 | ||
| 2021 Q2 | 57 | $39.5B | 100 | ||
| 2021 Q1 | 56 | $40.2B | 11 | ||
| 2020 Q4 | 55 | $36.3B | 24 | ||
| 2020 Q3 | 49 | $28.7B | 16 | ||
| 2020 Q2 | 47 | $27.4B | 16 | ||
| 2020 Q1 | 48 | $24.3B | 43 | ||
| 2019 Q4 | 49 | $37.3B | 10 | ||
| 2019 Q3 | 47 | $37.6B | 7 | ||
| 2019 Q2 | 46 | $37.0B | 14 | ||
| 2019 Q1 | 45 | $33.4B | 11 | ||
| 2018 Q4 | 43 | $30.7B | 17 | ||
| 2018 Q3 | 46 | $36.0B | 9 | ||
| 2018 Q2 | 47 | $34.4B | 7 | ||
| 2018 Q1 | 48 | $35.5B | 10 | ||
| 2017 Q4 | 47 | $35.9B | 0 |
Holding changes this quarter
Newport Trust Company, LLC's most significant position changes for 2026-06-30: Sold out: Honeywell International Inc (HON); New buy: ; Sold out: Pnc Financial Services Group (PNC); Sold out: Dupont De Nemours Inc (6D8); New buy: .
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ✓ | +6.9% | NEW | New buy | |
| 2 | GE | General Electric | +1.7% | -3.38% | Trim |
| 3 | GEV | GE Vernova Inc | +1% | -2.57% | Trim |
| 4 | BA | Boeing Co/the | +0.7% | -1.41% | Trim |
| 5 | HUM | Humana Inc | +0.5% | -7.46% | Trim |
| 6 | F | Ford Motor Co | +0.4% | -5.88% | Trim |
| 7 | UAL | United Airlines Holdings Inc | +0.3% | -2.42% | Trim |
| 8 | WWD | Woodward Inc | +0.2% | -5.13% | Trim |
| 9 | ELV | Elevance Health Inc | +0.2% | -3.07% | Trim |
| 10 | MMM | 3m Co | +0.1% | -2.48% | Trim |
| 11 | STT | State Street CORP | +0.1% | -2.52% | Trim |
| 12 | DAL | Delta Air Lines Inc | +0.1% | -20.98% | Trim |
| 13 | BMO | Bank Of Montreal | +0.1% | -2.89% | Trim |
| 14 | HBAN | Huntington Bancshares Inc | +0.1% | +13.77% | Add |
| 15 | JNJ | Johnson & Johnson | +0.1% | -2.57% | Trim |
| 16 | COF | Capital One Financial CORP | +0.1% | -0.50% | Trim |
| 17 | EMR | Emerson Electric Co | +0.1% | -2.24% | Trim |
| 18 | M | Macy's, Inc. | +0.1% | -2.51% | Trim |
| 19 | LTM | Latam Airlines Group Sa-adr | +0.1% | — | Unchanged |
| 20 | WAT | Waters CORP | 0% | -0.65% | Trim |
| 21 | ✓ | 0% | NEW | New buy | |
| 22 | BBY | Best Buy Co Inc | 0% | -2.29% | Trim |
| 23 | DRI | Darden Restaurants Inc | 0% | -1.71% | Trim |
| 24 | BTI | British American Tob-sp Adr | 0% | -1.90% | Trim |
| 25 | VVV | Valvoline Inc | 0% | -5.45% | Trim |
| 26 | RAMP | Liveramp Holdings Inc | 0% | -6.67% | Trim |
| 27 | PM | Philip Morris International | 0% | -1.25% | Trim |
| 28 | ASH | Ashland Inc | 0% | -1.86% | Trim |
| 29 | Q | Qnity Electronics Inc | 0% | -14.83% | Trim |
| 30 | MCO | Moody's CORP | 0% | -0.80% | Trim |
| 31 | PNW | Pinnacle West Capital | 0% | -1.61% | Trim |
| 32 | BOH | Bank Of Hawaii CORP | 0% | -3.19% | Trim |
| 33 | MO | Altria Group Inc | 0% | +0.91% | Add |
| 34 | GD | General Dynamics CORP | — | -1.27% | Trim |
| 35 | BDC | Belden Inc | — | +2.92% | Add |
| 36 | OZK | Bank Ozk | — | -3.05% | Trim |
| 37 | UIS | Unisys CORP | — | -8.80% | Trim |
| 38 | KHC | Kraft Heinz Co/the | — | -2.22% | Trim |
| 39 | SFNC | Simmons First Natl Corp-cl A | — | -2.46% | Trim |
| 40 | TRMK | Trustmark CORP | — | -2.11% | Trim |
| 41 | SOLV | Solventum CORP | — | -3.83% | Trim |
| 42 | GNW | Genworth Financial Inc | — | -3.56% | Trim |
| 43 | FTS | Fortis Inc | — | +3.31% | Add |
| 44 | MCB | Metropolitan Bank Holding Co | — | +2.00% | Add |
| 45 | MDLZ | Mondelez International Inc-a | — | -1.33% | Trim |
| 46 | ETR | Entergy CORP | 0% | -1.05% | Trim |
| 47 | MOS | Mosaic Co/the | 0% | -6.98% | Trim |
| 48 | ED | Consolidated Edison Inc | 0% | -3.14% | Trim |
| 49 | HP | Helmerich & Payne | 0% | -9.40% | Trim |
| 50 | GT | Goodyear Tire & Rubber Co | 0% | -4.16% | Trim |
1–50 of 66
Filing History
FAQ
What is Newport Trust Company, LLC and what type of investor is it?
Newport Trust Company, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $41.5B, spread across 63 disclosed positions.
What are Newport Trust Company, LLC's largest equity positions?
Based on the latest 13F filing, Newport Trust Company, LLC's top holdings by market value are:
1. Boeing Co/the (BA) — $6.1B (14.8%)
2. General Dynamics CORP (GD) — $4.7B (11.4%)
3. At&t Inc (T) — $3.7B (8.9%)
4. General Electric (GE) — $3.4B (8.3%)
5. — $2.9B (6.9%)
What changes did Newport Trust Company, LLC make in its most recent portfolio filing?
In the latest reported quarter, Newport Trust Company, LLC made 65 notable position adjustments: 2 new positions were initiated, 6 existing holdings were added to, 54 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Honeywell International Inc (HON); New buy: ; Sold out: Pnc Financial Services Group (PNC); Sold out: Dupont De Nemours Inc (6D8); New buy:
What sectors does Newport Trust Company, LLC focus on?
Newport Trust Company, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Industrials: 54.1%
• Communication Services: 13.6%
• Consumer Discretionary: 7.9%
• Information Technology: 7.4%
• Utilities: 6.3%
• Financials: 5.8%
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Investment Profile
Newport Trust Company, LLC returned an annualized 14.4% over the trailing 36 months — underperforming the S&P 500 by 1.6 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.80 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 54.1% of the portfolio concentrated in Industrials.
Its turnover score has risen from 0 to 27 over the past 4 quarters — a shift toward more active trading.
It has added to its GEV position over the past two quarters (+$744.6M, now $1.8B), while trimming PSN over the same stretch (-$490.9M, still holding $2.6B).
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Developer Access
Access Newport Trust Company, LLC's institutional profile programmatically:
REST API
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npx alphasmo institutions get newport-trust-company-llc