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§ 13F · FUND PROFILE

Newport Trust Company, LLC.

ESOP trustee, long-term institutional
AUM · $43913.7T (13F)Positions · 63Turnover · 98% · Q4Filed · Feb 6, 2026
BIG MOVE · Q4
Professional Services cut 2pp. Other lifted 2pp.
CONCENTRATION
74%
Top 10 holdings
NEW BUYS
+2
+$53.5T deployed
EXITS
0
No exits
SECTOR SHIFT
PROFESSIONAL SERVICES → OTHER
-2pp · +2pp
3YR HIT RATE
Top-5 overlap
§ 01 · TOP HOLDINGS

The book · Q4 2025

FILED FEB 6, 2026
#TickerNameShares$ value% portΔ Q4
1BABOEING CO29.49M$6401.8T15.3%+1%
2GDGENERAL DYNAMICS CORP13.73M$4620.9T11.1%−2%
3TAT&T INC183.45M$4556.9T10.9%−1%
4PSNPARSONS CORP DEL49.80M$3077.4T7.4%−2%
5GEGE AEROSPACE9.70M$2988.6T7.2%−3%
6DDSDILLARDS INC4.52M$2742.5T6.6%±0%
7HONHONEYWELL INTL INC13.28M$2590.2T6.2%−4%
8FFORD MTR CO137.36M$1802.1T4.3%−5%
9DISDISNEY WALT CO10.82M$1231.0T2.9%−2%
10GEVGE VERNOVA INC1.67M$1092.9T2.6%−1%
§ 02 · SECTOR ALLOCATION

Where the money is

Aerospace & Defense35.0% (+1pp)
Other31.1% (+2pp)
Telecommunication10.9% (1pp)
Industrial Conglomerates8.4% (±0)
Professional Services7.4% (2pp)
Retail7.2% (±0)
§ 03 · THE NEWPORT SIGNAL

AC read

Newport Trust Company, LLC is a Quality / Compounder fund managing $43913742.9 trillion in assets. The fund runs a portfolio of 63 positions, moderate concentration, with the top 10 positions making up 74% of the portfolio. Trading activity is aggressive at 98% quarterly turnover, with 2 new positions and 0 exits last quarter. Top sector allocations: Aerospace & Defense (35%), Other (31%), Telecommunication (11%).

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§ 04 · FILING HISTORY

Q-by-Q deltas

1 FILINGS
Q4 2025
Active book
+2 buys · 0 exits · 61 changed
Q3 2025
Steady book
+0 buys · 0 exits · 0 changed
Q1 2025
Steady book
+0 buys · 0 exits · 0 changed