Newport Trust
The Newport Trust Company is a private company whose US address is in New York City. The Trust is controlled by the Newport Group, through a New Hampshire-chartered trust company.
The Trust controls $34 billion in Assets under management on American stock exchanges, including at least $100 million in Boeing shares. Its head offices are in Cape Town. In March 2019 it held significant fractions of around four dozen major American firms, with the notable exception of the IT sector. In March 2019, its fund distribution was most heavily weighted towards the industrial sector, followed in a 3:1 ratio with the telecommunications sector.
