SCHEDULE: Balyasny Discloses 5.54% Stake in Spirit AeroSystems

Balyasny Asset Management reports a 5.54% ownership stake in Spirit AeroSystems Holdings, Inc. as of June 30, 2025.

Summary

• Balyasny Asset Management L.P. (BAM) and related entities, including BAM GP LLC, Balyasny Asset Management Holdings LP, Dames GP LLC, and Dmitry Balyasny, are filing a Schedule 13G.
• The filing reports ownership of 6,502,847 shares of Spirit AeroSystems Holdings, Inc. common stock as of June 30, 2025.
• This represents approximately 5.54% of the outstanding shares, based on 117,318,941 shares outstanding as of April 18, 2025.
• The shares are held directly by Atlas Diversified Master Fund, Ltd. (ADMF), an investment management client of BAM.
• BAM, as the investment manager of ADMF, may be deemed to exercise voting and investment power over these shares.
• Dmitry Balyasny, as the Managing Member of Dames, may be deemed to exercise voting and investment power over the shares held directly by ADMF.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing simply reports ownership, without expressing positive or negative views about the company's prospects.

Positives

• Balyasny Asset Management holds a significant ownership stake (5.54%) in Spirit AeroSystems, indicating confidence in the company.

Future Outlook

There are no explicit forward-looking statements in this filing.

Industry Context

This filing indicates institutional investor interest in Spirit AeroSystems, which is a major supplier to Boeing and Airbus. Monitoring such filings provides insights into market sentiment towards aerospace manufacturers and their suppliers.

Comparison to Industry Standards

• Comparing Balyasny's investment in Spirit AeroSystems to similar filings by other major institutional investors in the aerospace sector can provide a benchmark for assessing the relative attractiveness of Spirit AeroSystems.
• For example, BlackRock, Vanguard, and State Street are major institutional investors in the aerospace industry. Their positions in Spirit AeroSystems and similar companies like Boeing, Airbus, and Lockheed Martin can be compared to Balyasny's stake.
• Analyzing the historical performance of these institutional investments can provide insights into the potential returns and risks associated with investing in Spirit AeroSystems.

Stakeholder Impact

• Shareholders: The disclosure of a significant ownership stake by a well-known investment firm like Balyasny Asset Management could influence investor confidence.
• Employees: No direct impact is apparent from this filing.
• Customers and Suppliers: No direct impact is apparent from this filing.
• Creditors: No direct impact is apparent from this filing.

Key Dates

Recommendation

The filing indicates a significant ownership stake by a reputable investment firm, suggesting confidence in the company. However, without additional information on the firm's intentions or the company's performance, a hold recommendation is appropriate.

Keywords

Spirit AeroSystems, Balyasny Asset Management, Schedule 13G, ownership stake, investment, shares, BAM, Dmitry Balyasny