Newport Trust Amends Boeing Stake, Files 13G/A on Dec 31 Holdings

TL;DR

**Newport Trust updated its Boeing stake, showing its holdings as of year-end 2023.**

AI Summary

Newport Trust Company, LLC, a New Hampshire-based entity, filed an amended Schedule 13G/A on February 5, 2024, indicating its beneficial ownership in The Boeing Company's common stock as of December 31, 2023. This filing, Amendment No. 6, updates previous disclosures regarding their stake in Boeing, a major aircraft manufacturer. This matters to investors because it provides transparency into significant institutional holdings, which can influence stock stability and investor confidence.

Why It Matters

This filing shows an institutional investor's updated position in Boeing, offering insight into their confidence in the company and potentially signaling future market movements.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, not indicating any immediate high-risk events.

Analyst Insight

Investors should note that a significant institutional investor like Newport Trust Company, LLC maintains a position in Boeing, which can be a sign of long-term confidence. However, this specific filing is an amendment and doesn't inherently signal a new bullish or bearish stance, but rather an update to their existing disclosure.

Key Numbers

• 097023105 — CUSIP Number (identifies The Boeing Company's common stock)
• 0001172661-24-000452 — Accession Number (unique identifier for this specific SEC filing)
• Amendment No. 6 — Filing Amendment Number (indicates this is the sixth amendment to Newport Trust's 13G filing for Boeing)

Key Players & Entities

• Newport Trust Company, LLC (company) — the reporting person filing the SC 13G/A
• The Boeing Company (company) — the issuer of the common stock
• New Hampshire (company) — place of organization for Newport Trust Company, LLC
• December 31, 2023 (date) — date of event requiring the filing
• February 5, 2024 (date) — date the SC 13G/A was filed
• $5.00 (dollar_amount) — par value per share of Boeing's common stock

Forward-Looking Statements

• Newport Trust Company, LLC will continue to be a significant institutional holder of Boeing stock. (Newport Trust Company, LLC) — high confidence, target: Q1 2025
• Future amendments to this 13G filing will be made if Newport Trust's beneficial ownership percentage changes significantly. (Newport Trust Company, LLC) — high confidence, target: Ongoing

FAQ

Key Financial Figures

• $5.00 — pany (Name of Issuer) Common Stock, $5.00 Par Value Per Share (Title of Class o

Filing Documents

• newporttrust-ba123123a6.htm (SC 13G/A) — 51KB
• 0001172661-24-000452.txt ( ) — 53KB

(a)Name of Issuer

Item 1. (a)Name of Issuer The Boeing Company (b)Address of Issuer’s Principal Executive Offices 929 Long Bridge Drive Arlington, VA 22202

(a)Name of Person Filing

Item 2. (a)Name of Person Filing Newport Trust Company, LLC (b)Address of Principal Business Office, or, if none, Residence 1627 Eye Street, NW, Suite 950 Washington, DC 20006 (c)Citizenship Please refer to Item 4 on each cover sheet for each filing person (d)Title of Class of Securities Common Stock, $5.00 Par Value Per Share (e) CUSIP No.: 097023105 CUSIP No. 097023105 SCHEDULE 13G/A Page 4 of 6 Pages

If

Item 3.If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) x Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) o An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) A group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: CUSIP No. 097023105 SCHEDULE 13G/A Page 5 of 6 Pages Item 4.Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 32,395,589 (b) Percent of class: 5.35% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 32,395,589 Item 5.Ownership of Five Percent or Less of a Class Not Applicable Item 6.Ownership of More Than Five Percent on Behalf of Another Person

View Full Filing

View this SC 13G/A filing on SEC EDGAR