Boeing (BA) Hit Hard Due to Iran War

Soumya Eswaran Fri, May 22, 2026 at 8:21 AM EDT 3 min read **

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Alpha Wealth Funds, LLC, an investment management company, released its Q1 2025 letter for the “Insiders Fund”. A copy of the letter can be downloaded here. The fund lost 7.14% in the quarter, tied to a 6.75% fall in March due to the War in Iran. This compares to the S&P 500’s -4.33% return for the same period. The losses are mainly unrealized, and the firm is evaluating its long-term thesis and risk-adjusted opportunities. The Fund considers the current situation as unfavorable. In addition, please check the fund’s top five holdings to know its best picks in 2026.

In its first-quarter 2026 investor letter, Alpha Wealth Insiders Fund highlighted the stocks like The Boeing Company (NYSE:BA). The Boeing Company (NYSE:BA) is the world's leading aerospace company that designs and manufactures commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems. On May 21, 2026, The Boeing Company (NYSE:BA) closed at $219.61 per share. One-month return of The Boeing Company (NYSE:BA) was -5.52%, and its shares gained 8.52% over the past 52 weeks. The Boeing Company (NYSE:BA) has a market capitalization of $173.12 billion.

Alpha Wealth Insiders Fund stated the following regarding The Boeing Company (NYSE:BA) in its Q1 2026 investor letter:

"Business: The Boeing Company** (NYSE:BA) is a global aerospace leader and one of the largest U.S. exporters, operating at the intersection of commercial aviation, national defense, and space exploration. Headquartered in Arlington, Virginia, the company organizes its operations into three primary business units: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS) Boeing Global Services (BGS):

Insider Buying/Selling: Director Buckley purchased 2,230 shares at $224.2 for purchase of $499,996 on 3-3-26

Recent News:Boeing has been named the winner of the Air Force's Next Generation Air Dominance (NGAD) program, beating out its primary competitor, Lockheed Martin.The announcement was made by President Donald Trump on March 21, 2025, and reinforced by significant budget allocations in early 2026. The program's centerpiece aircraft has been officially designated as the F-47. …” (Click here to read the full text)

The Boeing Company (NYSE:BA) ranks 32 on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 114 hedge fund portfolios held The Boeing Company (NYSE:BA) at the end of the fourth quarter, up from 106 in the previous quarter. While we acknowledge the potential of The Boeing Company (NYSE:BA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Story Continues In another article, we covered The Boeing Company (NYSE:BA) and shared the list of best large cap defense stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q1 2026 page for more investor letters from hedge funds and other leading investors.