(As of December 12, 2025 | Post Q4 2025 earnings and recent insider transactions)
Current market capitalization: ≈ $306 billion (based on ~$290/share and 1.055 billion shares outstanding)
Introduction
GE Aerospace (NYSE: GE), formerly part of General Electric's conglomerate (spun off in April 2024), is a global leader in aircraft engines, propulsion systems, and integrated aerospace technologies, powering commercial and military aviation with products like the LEAP, GE9X, and GEnx engines. Headquartered in Evendale, Ohio, and founded in 1892 (as part of GE), it focuses on services (70% of revenue) and OEM, with a $175B backlog. Public since 1892 (via GE), it uses a single-class share structure (one vote per share) for equitable governance. Ownership is institutionally dominant (~80%), insiders ~0.2% (executives like CEO H. Lawrence Culp Jr.), and retail ~20%. The table below details the top 10 economic shareholders from Q3 2025 13F filings and SEC data, with values at current market cap. Recent activity includes $2.38M in insider sales (Nov 19, 2025, by SVP Russell Stokes) and a $7B share repurchase program for 2025.
| Rank | Owner / Stakeholder | Ownership % | Approx. Value ($306B valuation) | Detailed Notes |
|---|---|---|---|---|
| 1 | Vanguard Group Inc. | 8.72% | $26.7 billion | Largest holder via index funds (e.g., VTI, VOO); owns ~92.03M shares as of Sep 30, 2025. Passive with ~$9.3T AUM; added ~1.5% in Q3 2025, core S&P 500 weighting (~6%). No direct control; focuses on services backlog growth. |
| 2 | BlackRock Inc. | 8.34% | $25.5 billion | Holds ~87.94M shares through iShares ETFs (e.g., IVV); passive/active mix. Increased ~0.5% in Q3 2025; board observer on governance/ESG. Key in aerospace funds; GE ~0.5% of portfolio. |
| 3 | FMR LLC (Fidelity) | 5.20% | $15.9 billion | ~54.88M shares across funds (e.g., Contrafund); active with minor Q3 trim. Bullish on LEAP deliveries (down 10% FY2024 but +15-20% in 2025); advisory on AI in aviation. |
| 4 | State Street Corporation | 4.50% | $13.8 billion | Owns ~47.5M shares via SPDRs (e.g., SPY); fully passive. Stable QoQ; votes proxies on exec comp and supply chain ethics. ~4% of industrials holdings; supports $7B 2025 buybacks. |
| 5 | TCI Fund Management Ltd. | 3.50% | $10.7 billion | ~37M shares; activist/value-oriented. Increased ~5% in Q3 2025; focuses on profitability (2025 profit guidance $7.8-8.2B). |
| 6 | Capital Research Global Investors | 3.00% | $9.2 billion | ~31.7M shares in growth strategies; active manager. Trimmed ~2% in Q3 on valuation; holds for free cash flow ($6.3-6.8B FY2025). |
| 7 | Capital World Investors | 2.50% | $7.7 billion | ~26.4M shares; active with Q3 additions. Focuses on defense (e.g., LM2500 turbines); ~2% of portfolio. |
| 8 | Geode Capital Management, LLC | 2.00% | $6.1 billion | Fidelity affiliate with ~21.1M shares in index trackers; passive. Grew ~0.3% in Q3; tracks Nasdaq 100; minimal voting power. |
| 9 | H. Lawrence Culp Jr. (Chairman & CEO) | 0.11% | $0.3 billion | ~1.21M shares; largest active insider. Stable stake; oversees strategy since 2018; net worth ~$1B tied to performance. |
| 10 | JPMorgan Chase & Co. | 1.50% | $4.6 billion | ~15.8M shares in asset management; index/active blend. Up ~1% in 2025; provides banking for GE's $30B+ cash reserves. |
Total Top 10 = ~39.37% | Remaining: Other Institutions (~41%), Other Insiders (~0.09%, e.g., Russell Stokes SVP at ~0.014%), Retail (~20%) | Grand Total = 100%
Conclusion
As of December 2025, GE Aerospace's ownership is institutionally concentrated (~80% total) by passive leaders like Vanguard and BlackRock, ensuring stability for its $41.6B FY2025 revenue (up 14% YoY, 70% from services) and $7.8-8.2B profit guidance (up $1.5B YoY), with EPS at $6.00-6.20 (up 19.63% YoY) amid LEAP ramp-up and $175B backlog. Insiders (~0.2% combined) like Culp provide continuity amid expansions (e.g., 15-20% LEAP deliveries growth), while retail's ~20% stake reflects aviation demand. With $306B market cap (up 66% YoY) and $7B buybacks plus 30% dividend hike ($1.44 annual, 0.5% yield), expect ~0.5% annual share reductions, minor institutional rebalancing in Q4 13Fs (due Feb 2026), and Q4 2025 EPS of $1.43 (vs. $1.32 YoY). This structure balances growth with returns, though supply chain risks persist. For filings, visit SEC EDGAR or GE Aerospace's investor relations.