
What smart money is saying about Safran SA
2 funds in our archive have pitched Safran SA — most recently Artisan Partners Non-U.S. Growth Strategy in June 2026.
Safran S.A., a global leader operating within the aerospace and defense industries, maintains its headquarters in Paris, France, where it was established in 1924. The company's diverse operations are structured across three principal segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion division focuses on the design, development, production, and sale of advanced propulsion and mechanical power transmission systems. These systems are integral to a broad spectrum of aerial vehicles, including commercial airliners, military transport, training, and combat aircraft, as well as both civil and military helicopters and unmanned aerial vehicles (drones). Additionally, this segment delivers comprehensive maintenance, repair, and overhaul (MRO) services and supplies critical spare parts. The Aircraft Equipment, Defense and Aerosystems segment provides essential systems and components for civil and military aircraft and helicopters. Its offerings encompass undercarriages and braking systems; engine subsystems such as thrust reversers and nacelles; sophisticated avionics, including flight controls and onboard information systems; and safety solutions like evacuation slides, emergency arresting systems, and oxygen masks. The division also engineers onboard computing and fuel systems, electrical power management solutions, optronic devices, sighting systems, navigation equipment, sensors, specialized infantry equipment, and drone technologies, alongside related engineering services and spare part sales. Lastly, the Aircraft Interiors segment is dedicated to the conception, development, manufacturing, and marketing of seating solutions for both passengers and crew. Its product range extends to various cabin elements, including overhead storage compartments, class dividers, passenger service units, complete cabin interior solutions, chilling units, galleys, electrical inserts, and trolleys for catering and cargo. This segment further supplies water distribution systems, lavatory modules, air conditioning setups, and cutting-edge in-flight entertainment and connectivity (IFEC) systems.
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Position history
Between Q1 2026 and Q2 2026, 5 fund letters reported a position in Safran SA — 1 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 3 | 0 | 0 | 1 |
| Q1 2026 | 2 | 1 | 0 | 1 |
Fund activity · 5 positions · 1 move
- June 2026
“Finally, names in our aerospace and defense theme had mixed results. Although absolute returns were positive, many of the names that enjoyed a strong run over the one-year period prior to this quarter were subject to profit-taking pressures. One outlier was Safran. It was a main contributor to the portfolio, supported by continued strength in civil aerospace and the engine aftermarket.”
Safran SA Listed in Hardman Johnston Global Equity (Hardman Johnston Global Advisors)’s reported holdings.
Safran SA- June 2026
“I ndust rials 31.6 Airbus SE France 5.3 Aerospace & Defense Aug. 2018 Hitachi, Ltd. Japan 4.6 Industrial Conglomerates Apr. 2025 IHI Corp. Japan 3.8 Machinery Apr. 2025 Leonardo SpA Italy 2.1 Aerospace & Defense Apr. 2025 Prysmian S.p.A. Italy 4.8 Electrical Equipment Sept. 2025 Rheinmetall AG Germany 2.8 Aerospace & Defense Feb. 2023 Safran S.A. France 5.3 Aerospace & Defense Jun. 2017”
Safran SA - March 2026
“In the medium term, the risk of early retirement for less fuel-efficient aircraft from the CFM56 fleet increases. At this point, we do not expect the level to be above management’s guidance, given the already expected higher level compared to what have been historical lows in retirements. For purely fundamental reasons and the relative attractiveness of Safran’s IRR we have allocated more to Safran in March, funded from GE.”
Safran SA - March 2026
“Looking across the portfolio, our direct exposure to oil price volatility is relatively low.”
Safran SA
Also mentioned · 1
These funds discuss Safran SA — as a competitor, benchmark or comparable — without disclosing a position in it.
- March 2026
“a potential threat from GE/Safran looks minimal, guidance is reaffirmed, and optionality is expanding through SCI II and FTAI Power, meaning the position has materially de-risked from our original entry.”
Safran SA
Fund coverage · 2 theses
Safran SA benefits from civil aerospace strength, aftermarket demand and growing defense propulsion capacity.
Read the full thesisSafran is an aircraft engine maker with a highly attractive aftermarket model and durable high-margin revenue streams.
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