Newport Trust Company, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Newport Trust Company, LLC reported 64 stock positions worth $41.7 billion. Its top holding was Boeing (BA) at 14.3% of the portfolio, followed by AT&T (T, 13.0%) and General Dynamics (GD, 10.1%). Compared with Q1 2025, it opened 2 new positions, sold out of 2, added to 8 and reduced 53. The biggest buy was a new position in Latam Airlines Group SA-ADR (LTM) and the biggest sale General Electric (GE, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- Washington, DC
- CIK
- 0001722329
- Portfolio Value
- $41.7B (Q2 2025)
- SEC Filing
- 0001172661-25-003325 ↗ filed Aug 14, 2025
Holdings Value
Holdings 64 stocks · $41.7B
| BA The Boeing Co. | 14.33% | 28,490,956 | $6.0B | Reduce -6.7% |
| T AT&T Inc. | 13.00% | 187,091,052 | $5.4B | Reduce -1.4% |
| GD General Dynamics Corp. | 10.10% | 14,417,513 | $4.2B | Reduce -2.3% |
| PSN Parsons Corp. | 8.98% | 52,128,190 | $3.7B | Reduce -1.6% |
| HON Honeywell International Inc. | 7.97% | 14,256,475 | $3.3B | Reduce -3.2% |
| GE General Electric filed as GE AEROSPACE | 6.23% | 10,081,449 | $2.6B | Reduce -27.3% |
| DDS Dillards Inc. Class A | 4.69% | 4,671,135 | $2.0B | Reduce -2.1% |
| F Ford Motor Co. filed as FORD MTR CO | 3.87% | 148,447,538 | $1.6B | Reduce -1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.35% | 11,256,179 | $1.4B | Reduce -2.3% |
| SRE Sempra | 2.33% | 12,828,374 | $972.0M | Reduce -3.8% |
| MMM 3M Co. | 2.25% | 6,155,406 | $937.1M | Reduce -9.5% |
| GEV GE Vernova Inc. | 2.18% | 1,712,698 | $906.3M | Reduce -52.0% |
| EMR Emerson Electric Co. | 1.52% | 4,758,220 | $634.4M | Reduce -2.4% |
| SPGI S&P Global Inc. | 1.37% | 1,084,315 | $571.7M | Reduce -0.9% |
| COF Capital One Financial Corp. | 1.31% | 2,562,973 | $545.3M | Reduce -0.2% |
| WWD Woodward Inc. | 1.25% | 2,123,739 | $520.5M | Reduce -3.2% |
| JCI Johnson Controls Internation | 1.13% | 4,467,446 | $471.9M | Reduce -4.0% |
| ETR Entergy Corp. | 1.09% | 5,465,727 | $454.3M | Reduce -0.8% |
| DAL Delta Air Lines Inc. | 1.09% | 9,216,343 | $453.3M | No change |
| NKE Nike Inc. Class B | 0.98% | 5,758,876 | $409.1M | Reduce -1.6% |
| ELV Elevance Health Inc. | 0.98% | 1,046,044 | $406.9M | Reduce -2.0% |
| DRI Darden Restaurants Inc. | 0.98% | 1,864,225 | $406.3M | Reduce -2.0% |
| HIG Hartford Insurance Group Inc. | 0.78% | 2,571,106 | $326.2M | Reduce -2.1% |
| UAL United Airlines Holdings Inc. | 0.65% | 3,415,182 | $272.0M | Reduce -1.2% |
| HUM Humana Inc. | 0.64% | 1,091,523 | $266.9M | Reduce -0.3% |
| XEL Xcel Energy Inc. | 0.64% | 3,911,588 | $266.4M | Reduce -2.9% |
| NI Nisource Inc. | 0.57% | 5,936,362 | $239.5M | Reduce -0.9% |
| LTM Latam Airlines Group SA-ADR | 0.55% | 5,634,993 | $229.0M | New |
| WHR Whirlpool Corp. | 0.50% | 2,057,109 | $208.6M | Add +13.9% |
| HWM Howmet Aerospace Inc. | 0.48% | 1,071,797 | $199.5M | Reduce -9.3% |
| HBAN Huntington Bancshares Inc. | 0.43% | 10,673,699 | $178.9M | Reduce -0.8% |
| STT State Street Corp. | 0.40% | 1,571,513 | $167.1M | Reduce -1.7% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.36% | 1,345,905 | $148.9M | Reduce -0.6% |
| MCO Moody's Corp. | 0.35% | 293,257 | $147.1M | Reduce -1.0% |
| BTI British American Tob-SP ADR | 0.31% | 2,739,392 | $129.7M | Reduce -1.3% |
| WBD Warner Bros Discovery Inc. | 0.24% | 8,590,644 | $98.4M | Reduce -4.3% |
| PM Philip Morris International | 0.22% | 494,622 | $90.1M | Reduce -0.8% |
| M Macy's Inc. | 0.21% | 7,337,205 | $85.6M | Add +0.3% |
| BBY Best Buy Co. Inc. | 0.19% | 1,157,583 | $77.7M | Add +2.8% |
| KHC The Kraft Heinz Co. | 0.16% | 2,556,181 | $66.0M | Reduce -5.5% |
| WAT Waters Corp. | 0.15% | 182,289 | $63.6M | Reduce -0.3% |
| VVV Valvoline Inc. | 0.14% | 1,512,951 | $57.3M | Reduce -3.6% |
| ED Consolidated Edison Inc. | 0.12% | 513,245 | $51.5M | Reduce -1.7% |
| PNW Pinnacle West Capital | 0.11% | 500,685 | $44.8M | Reduce -2.9% |
| DD Dupont DE Nemours Inc. | 0.09% | 567,647 | $38.9M | New |
| BDC Belden Inc. | 0.09% | 328,445 | $38.0M | Add +4.2% |
| GT Goodyear Tire & Rubber Co. | 0.09% | 3,561,976 | $36.9M | Reduce -6.5% |
| WBA Walgreens Boots Alliance Inc. | 0.08% | 2,814,702 | $32.3M | Reduce -2.0% |
| OZK Bank Ozk | 0.08% | 681,693 | $32.1M | Add +3.8% |
| ASH Ashland Inc. | 0.06% | 535,124 | $26.9M | Add +1.6% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 0.06% | 364,556 | $24.6M | Reduce -1.3% |
| RAMP Liveramp Holdings Inc. | 0.05% | 631,858 | $20.7M | Reduce -2.3% |
| MOS The Mosaic Co. | 0.05% | 564,144 | $20.6M | Reduce -7.7% |
| TRMK Trustmark Corp. | 0.04% | 461,245 | $16.8M | Reduce -4.3% |
| SFNC Simmons First Natl Corp. Class A | 0.03% | 594,532 | $11.3M | Reduce -3.2% |
| BBWI Bath & Body Works Inc. | 0.02% | 300,137 | $9.6M | Reduce -0.8% |
| SOLV Solventum Corp. | 0.02% | 126,999 | $9.6M | Reduce -91.6% |
| GNW Genworth Financial Inc. | 0.02% | 1,046,675 | $8.1M | Reduce -7.4% |
| MO Altria Group Inc. | 0.02% | 128,523 | $7.5M | Reduce -1.8% |
| UIS Unisys Corp. | 0.01% | 1,216,562 | $5.5M | Reduce -3.0% |
| MDLZ Mondelez International Inc. Class A | 0.01% | 54,894 | $3.7M | Reduce -3.3% |
| VSXY Victoria's Secret & Co. | 0.00% | 101,265 | $2.0M | Reduce -2.4% |
| MCB Metropolitan Bank Holding Co. | 0.00% | 10,028 | $702K | Add +3.3% |
| FTS Fortis Inc. | 0.00% | 9,471 | $452K | Add +2.8% |
Portfolio Sells Q1 2025 → Q2 2025
| GE General Electric | Reduce -27.3% | 6.23% | −0.89 |
| T AT&T Inc. | Reduce -1.4% | 13.00% | −0.76 |
| GEV GE Vernova Inc. | Reduce -52.0% | 2.18% | −0.61 |
| MMM 3M Co. | Reduce -9.5% | 2.25% | −0.31 |
| SOLV Solventum Corp. | Reduce -91.6% | 0.02% | −0.27 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.24 |
| GD General Dynamics Corp. | Reduce -2.3% | 10.10% | −0.22 |
| ELV Elevance Health Inc. | Reduce -2.0% | 0.98% | −0.21 |
| ETR Entergy Corp. | Reduce -0.8% | 1.09% | −0.12 |
| SRE Sempra | Reduce -3.8% | 2.33% | −0.11 |
| HUM Humana Inc. | Reduce -0.3% | 0.64% | −0.10 |
| XEL Xcel Energy Inc. | Reduce -2.9% | 0.64% | −0.09 |
| SPGI S&P Global Inc. | Reduce -0.9% | 1.37% | −0.05 |
| KHC The Kraft Heinz Co. | Reduce -5.5% | 0.16% | −0.05 |
| HIG Hartford Insurance Group Inc. | Reduce -2.1% | 0.78% | −0.05 |
| PREMIER INC-CLASS A | Sold out | 0.00% | −0.05 |
| NI Nisource Inc. | Reduce -0.9% | 0.57% | −0.04 |
| DRI Darden Restaurants Inc. | Reduce -2.0% | 0.98% | −0.04 |
| ED Consolidated Edison Inc. | Reduce -1.7% | 0.12% | −0.02 |
| HON Honeywell International Inc. | Reduce -3.2% | 7.97% | −0.02 |
| WAT Waters Corp. | Reduce -0.3% | 0.15% | −0.02 |
| PNW Pinnacle West Capital | Reduce -2.9% | 0.11% | −0.02 |
| WBD Warner Bros Discovery Inc. | Reduce -4.3% | 0.24% | −0.01 |
| BOH Bank of Hawaii Corp. | Reduce -1.3% | 0.06% | −0.01 |
| SFNC Simmons First Natl Corp. Class A | Reduce -3.2% | 0.03% | −0.01 |
| WBA Walgreens Boots Alliance Inc. | Reduce -2.0% | 0.08% | −0.00 |
| VVV Valvoline Inc. | Reduce -3.6% | 0.14% | −0.00 |
| TRMK Trustmark Corp. | Reduce -4.3% | 0.04% | −0.00 |
| MO Altria Group Inc. | Reduce -1.8% | 0.02% | −0.00 |
| GT Goodyear Tire & Rubber Co. | Reduce -6.5% | 0.09% | −0.00 |
| UIS Unisys Corp. | Reduce -3.0% | 0.01% | −0.00 |
| GNW Genworth Financial Inc. | Reduce -7.4% | 0.02% | −0.00 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.3% | 0.01% | −0.00 |
| MCO Moody's Corp. | Reduce -1.0% | 0.35% | −0.00 |
| BBWI Bath & Body Works Inc. | Reduce -0.8% | 0.02% | −0.00 |
| VSXY Victoria's Secret & Co. | Reduce -2.4% | 0.00% | −0.00 |
| F Ford Motor Co. | Reduce -1.3% | 3.87% | −0.00 |
| RAMP Liveramp Holdings Inc. | Reduce -2.3% | 0.05% | +0.01 |
| MOS The Mosaic Co. | Reduce -7.7% | 0.05% | +0.01 |
| PM Philip Morris International | Reduce -0.8% | 0.22% | +0.01 |
| HBAN Huntington Bancshares Inc. | Reduce -0.8% | 0.43% | +0.02 |
| BTI British American Tob-SP ADR | Reduce -1.3% | 0.31% | +0.02 |
| BMO Bank of Montreal | Reduce -0.6% | 0.36% | +0.03 |
| NKE Nike Inc. Class B | Reduce -1.6% | 0.98% | +0.03 |
| STT State Street Corp. | Reduce -1.7% | 0.40% | +0.03 |
| UAL United Airlines Holdings Inc. | Reduce -1.2% | 0.65% | +0.04 |
| HWM Howmet Aerospace Inc. | Reduce -9.3% | 0.48% | +0.09 |
| COF Capital One Financial Corp. | Reduce -0.2% | 1.31% | +0.13 |
| EMR Emerson Electric Co. | Reduce -2.4% | 1.52% | +0.15 |
| JCI Johnson Controls Internation | Reduce -4.0% | 1.13% | +0.19 |
Portfolio Buys Q1 2025 → Q2 2025
| LTM Latam Airlines Group SA-ADR | New | 0.55% | +0.55 |
| DD Dupont DE Nemours Inc. | New | 0.09% | +0.09 |
| WHR Whirlpool Corp. | Add +13.9% | 0.50% | +0.08 |
| BDC Belden Inc. | Add +4.2% | 0.09% | +0.01 |
| OZK Bank Ozk | Add +3.8% | 0.08% | +0.00 |
| MCB Metropolitan Bank Holding Co. | Add +3.3% | 0.00% | +0.00 |
| FTS Fortis Inc. | Add +2.8% | 0.00% | 0.00 |
| ASH Ashland Inc. | Add +1.6% | 0.06% | −0.02 |
| BBY Best Buy Co. Inc. | Add +2.8% | 0.19% | −0.03 |
| M Macy's Inc. | Add +0.3% | 0.21% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 63 | $41.5B | BA, GD, T, GE, HON |
| Q1 2026 | 64 | $40.7B | BA, T, GD, HON, PSN |
| Q4 2025 | 64 | $41.8B | BA, GD, T, PSN, GE |
| Q3 2025 | 63 | $43.9B | BA, T, GD, PSN, GE |
| Q2 2025 | 64 | $41.7B | BA, T, GD, PSN, HON |
| Q1 2025 | 64 | $39.0B | T, BA, GD, PSN, HON |
| Q4 2024 | 64 | $41.3B | BA, PSN, T, GD, HON |
| Q3 2024 | 62 | $41.2B | PSN, BA, GD, T, HON |
| Q2 2024 | 60 | $39.8B | BA, PSN, GD, T, HON |
| Q1 2024 | 55 | $36.8B | BA, PSN, GD, T, HON |