Hedge Fund Pallas Capital Invests Heavily in The Boeing Company
Pallas Capital Advisors LLC has made a new investment in The Boeing Company (NYSE:BA) worth approximately $1.69 million, as disclosed in the company's latest Form 13F filing with the Securities and Exchange Commission.
The fund purchased 7,815 shares of Boeing's stock during the second quarter, valuing them at around $1,692,000.
This is not an isolated instance; several other hedge funds have also made changes to their positions in Boeing. Vanguard Group Inc., for example, boosted its stake by 5.1% during the fourth quarter and now owns over 70 million shares of Boeing's stock.