Newport Trust Company, LLC, a registered investment adviser, initiated a new position in Parsons Corporation (NYSE:PSN) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 49,796,122 shares of the Industrials company, valued at approximately $3.1B as of the filing date.
Parsons Corporation's stock currently trades at $69.44 with a market capitalization of $7.0B.