Is This a Positive Move for Boeing Co.’s Top Institutional Shareholders in the Long-Term?

Boeing Airlines (NYSE:BA): The Everett, Washington-based plane manufacturer has adjusted production of the 747-8, its largest offering, from two planes per month to 1.75, citing decreasing demand for the gigantic aircraft. The company expects long-term average growth in the air cargo market to resume in 2014, and forecasts a demand for 790 large airplanes (such as the 747-8) to be delivered worldwide over the next 20 years, it said.

These institutional firms indicated owning shares of Boeing Co. in Q1 2013. They reported owning a total of 95.242 million shares on 03/31/2013. The shares closed at $85.85 on 03/31/2013.

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Here are the ten largest positions in Boeing Co. at the end of March 31st, 2013.

Vanguard Group Inc. held 33,607,508 shares on 03/31/2013 worth $2,885,204,511. This brought the portfolio total to 0.32%.

Blackrock Institutional Trust Company N.A. held 19,767,987 shares on 03/31/2013 worth $1,697,081,654. This brought the portfolio total to 0.35%.

Bank of New York Mellon Corp. held 8,414,497 shares on 03/31/2013 worth $722,384,555. This brought the portfolio total to 0.23%.

Blackrock Fund Advisors held 6,479,688 shares on 03/31/2013 worth $556,281,205. This brought the portfolio total to 0.21%.

Blackrock Group Ltd held 5,037,845 shares on 03/31/2013 worth $432,498,986. This brought the portfolio total to 0.32%.

Blackrock advisors LLC held 2,796,137 shares on 03/31/2013 worth $240,048,357. This brought the portfolio total to 0.24%.

Blackrock Inc. held 1,894,320 shares on 03/31/2013 worth $162,627,369. This brought the portfolio total to 0.31%.

Blackrock Investment Management LLC held 1,827,691 shares on 03/31/2013 worth $156,907,270. This brought the portfolio total to 0.27%.

Schafer Cullen Capital Management Inc. held 1,659,928 shares on 03/31/2013 worth $143,085,789. This brought the portfolio total to 1.82%.

Blackrock Japan Co. Ltd held 1,264,080 shares on 03/31/2013 worth $108,521,266. This brought the portfolio total to 0.51%.

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