Stocks
$4.95 Million Stake: Longfellow Invests in The Boeing Company
A recent SEC filing revealed that Longfellow Investment Management Co. LLC has taken a $4.95 million position in The Boeing Company ($BA) during the second quarter.
The fund bought approximately 22,861 shares of Boeing's stock, which makes up about 1.0% of its portfolio and is its 22nd largest holding.
Other institutional investors have also been increasing their stakes in Boeing: Princeton Capital Management LLC boosted its position by 78.3%, Rakuten Investment Management Inc. lifted its stake by 502.3%, and Deutsche Bank AG increased its holdings by 47.5%.