Moore Capital Management LP Sells Nearly One-Third of Its Boeing Holdings

Moore Capital Management LP, a prominent hedge fund, has adjusted its stake in The Boeing Company (NYSE:BA). According to their recent SEC filing, they reduced their holdings by 83.7% in the second quarter.

The firm now owns 6,626 shares of Boeing's stock after selling 34,115 shares during the period. This corresponds to a value of $1,434,000 as of their most recent SEC filing.

This adjustment is part of a broader trend among institutional investors and hedge funds, who collectively own 64.82% of Boeing's stock.