NEW YORK, July 13, 2026, 11:12 EDT
Citizens Financial Group NYSE:CFG almost doubled its Boeing Co. NYSE:BA stake, according to a Monday report, but the trade isn’t fresh. The filing was signed May 1 and details holdings as of March 31. No indication of a new purchase this week.
Boeing stock is down about 1.6% at $218.73. Along with filings from First Interstate Bank, a piece of First Interstate BancSystem (NASDAQ:FIBK), and Meitav Investment House (TLV:MTAV), new disclosures point to a net first-quarter bump of 66,217 Boeing shares. That only makes up 1.03% of Boeing’s 6.43 million-share average daily volume from the last 65 trading days.
Form 13F gives a quarterly look at some U.S.-listed holdings from managers running $100 million or more. Firms can take up to 45 days after the end of a quarter to file. The filings don’t show the exact trade dates or prices. So, these reports don’t prove whether any of the three managers bought Boeing in July.
| Manager | Reported stake increase | Q1 net increase | Shares at March 31 | March 31 value | Boeing weight in reported 13F |
|---|---|---|---|---|---|
| Citizens Financial Group | up 94.9% | added 12,150 | ended quarter with 24,957 | $4.967 million | 0.07% |
| First Interstate Bank | up 549.3% | added 5,361 | now holding 6,337 | $1.261 million | 0.07% |
| Meitav Investment House | rose 32.7% | added 48,706 | owns 197,606 | $39.330 million | 0.43% |
| Combined | up 40.7% | total increase 66,217 | 228,900 shares | $45.558 million | 0.25% |
Portfolio weight is based on each manager’s 13F securities as reported, not total assets under management. Citizens had a $7.19 billion 13F portfolio, First Interstate $1.78 billion, and Meitav around $9.12 billion.
Meitav stands out. The firm made up 73.6% of net shares added and 86.3% of the quarter-end value for the Boeing position. Its Boeing stake was 0.43% of its portfolio, about six times the size at either bank. First Interstate upped its stake by 549%, but that jump started from only 976 shares.
The scale check is more direct:
| Comparison | Figure |
|---|---|
| Net increase in Q1 from all three managers | 66,217 shares |
| Boeing 65-day average daily volume | 6.43 million shares |
| Net increase as percent of one typical day | 1.03% |
| Total holding as of March 31 | 228,900 shares; $45.56 million |
| Value if priced at $218.73 from Monday | About $50.07 million |
| Portion of Boeing’s current market cap | 0.029% |
The filings hint at how planes are split up, not at real demand that could move shares. What matters more is how fast Boeing can build jets. Boeing opened a fourth 737 MAX line in Everett this month, boosting monthly production from 42 to 47 jets. The plan is to use that new Everett line to reach 52 per month, but not before early 2027. CEO Kelly Ortberg called the Everett line “a carbon copy” of what Boeing runs in Renton. Boeing’s MAX is up against Airbus’s A320neo family EPA:AIR. Boeing
Production is key for Boeing as it works through its big backlog into cash flow. First-quarter revenue came in at $22.2 billion, up on 143 commercial jets delivered. Free cash flow was negative $1.5 billion after capital spending. Boeing’s backlog hit $695 billion and topped 6,100 commercial aircraft.
The filings could now misstate all three bets, since managers might have traded after March 31. Boeing’s downside risks include supplier issues that could delay ramping up output and keep cash flow tight. The commercial planes business lost $563 million last quarter, even with higher sales. Ortberg said: “It’s been a tough quarter in terms of engine deliveries for us.” Reuters
Boeing reports Q2 earnings July 28. For now, the three updates point to some Q1 buying by Meitav, but the filings don’t show widespread new institutional moves into Boeing stock this month.
