State Street Portfolio holdings
State Street Corporation, established in 1792 and headquartered in Boston, Massachusetts, is one of the oldest financial institutions in the United States and a major player in the global asset management and custody banking sectors. Primarily known for its custodial services, it safeguards assets for institutional investors, managing trillions of dollars through its State Street Global Advisors (SSGA) division, which is renowned for launching the first U.S. exchange-traded fund (ETF), the SPDR S&P 500 ETF (SPY), in 1993. The company provides a range of services including investment management, research, trading, and data analytics, catering mostly to institutional clients like pension funds, endowments, and mutual funds. With a focus on financial infrastructure and innovation, State Street has positioned itself as a key backbone in the global investment ecosystem.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$221M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$202M |
| 3 |
Nektar Therapeutics
NKTR
|
+$202M |
| 4 |
J.M. Smucker
SJM
|
+$151M |
| 5 |
C.H. Robinson
CHRW
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.99B |
| 2 |
Microsoft
MSFT
|
+$1.35B |
| 3 |
JPMorgan Chase
JPM
|
+$1.2B |
| 4 |
Amazon
AMZN
|
+$1.11B |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$809M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.61% |
| 2 | Technology | 15.1% |
| 3 | Healthcare | 12.77% |
| 4 | Industrials | 12.22% |
| 5 | Consumer Discretionary | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
America's Car Mart
CRMT
$25.9M
| $6.89M | ﹤0.01% |
136,514
-32,190
| -19% | -$1.53M |
|
2527
Ternium
TX
$10.7B
| $6.88M | ﹤0.01% |
211,680
+17,000
| +9% | +$576K |
|
2528
PennyMac Financial
PFSI
$3.97B
| $6.88M | ﹤0.01% |
303,559
+36,496
| +14% | +$850K |
|
2529
Ducommun
DCO
$3.05B
| $6.87M | ﹤0.01% |
226,242
+29,992
| +15% | +$866K |
|
|
MOFG
2530
DELISTED
MidWestOne Financial Group
MOFG
| $6.87M | ﹤0.01% |
206,297
+31,712
| +18% | +$1.05M |
|
|
SWCH
2531
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $6.87M | ﹤0.01% |
431,448
+72,641
| +20% | +$1.15M |
|
2532
First Mid Bancshares
FMBH
$1.38B
| $6.86M | ﹤0.01% |
188,169
+21,097
| +13% | +$780K |
|
2533
Miller Industries
MLR
$627M
| $6.86M | ﹤0.01% |
274,045
-14,427
| -5% | -$364K |
|
2534
Hurco Companies Inc
HURC
$145M
| $6.81M | ﹤0.01% |
148,259
+35,454
| +31% | +$1.59M |
|
2535
FRP Holdings
FRPH
$426M
| $6.8M | ﹤0.01% |
242,828
+7,356
| +3% | +$187K |
|
|
RC
2536
Ready Capital
RC
$296M
| $6.8M | ﹤0.01% |
448,829
+159,895
| +55% | +$2.33M |
|
2537
iShares MSCI Pacific ex Japan ETF
EPP
$2.25B
| $6.79M | ﹤0.01% |
146,041
+5,509
| +4% | +$265K |
|
2538
National CineMedia
NCMI
$212M
| $6.78M | ﹤0.01% |
130,670
-960
| -0.7% | -$63.4K |
|
2539
Vishay Precision Group
VPG
$923M
| $6.78M | ﹤0.01% |
217,538
-17,329
| -7% | -$493K |
|
2540
Flexsteel Industries
FLXS
$304M
| $6.77M | ﹤0.01% |
171,076
+45,370
| +36% | +$1.9M |
|
2541
Farmers National Banc Corp
FMNB
$956M
| $6.74M | ﹤0.01% |
486,256
+3,041
| +0.6% | +$44.2K |
|
2542
iShares Core S&P 500 ETF
IVV
$905B
| $6.68M | ﹤0.01% |
25,160
-8,024
| -24% | -$2.21M |
|
2543
Restaurant Brands International
QSR
$26B
| $6.68M | ﹤0.01% |
117,299
-1,934
| -2% | -$115K |
|
|
AKCA
2544
DELISTED
Akcea Therapeutics Inc
AKCA
| $6.66M | ﹤0.01% |
260,309
+3,685
| +1% | +$79.3K |
|
|
DSPG
2545
DELISTED
DSP Group Inc
DSPG
| $6.65M | ﹤0.01% |
563,039
-26,250
| -4% | -$329K |
|
2546
Lifecore Biomedical
LFCR
$184M
| $6.63M | ﹤0.01% |
508,246
+950
| +0.2% | +$12.5K |
|
2547
Newmark Group
NMRK
$2.62B
| $6.61M | ﹤0.01% |
+435,151
| New | +$6.74M |
|
|
NETI
2548
DELISTED
Eneti Inc.
NETI
| $6.61M | ﹤0.01% |
100,848
+793
| +0.8% | +$56.8K |
|
|
GDEN
2549
DELISTED
Golden Entertainment
GDEN
| $6.59M | ﹤0.01% |
283,658
+89,932
| +46% | +$2.6M |
|
2550
Regional Management Corp
RM
$292M
| $6.57M | ﹤0.01% |
206,501
+15,721
| +8% | +$465K |
|
Similar funds
State Street's Q1 2018 Portfolio in Review
As of Q1 2018, State Street held 3,862 positions worth $1.18T, down 5.3% from $1.24T the previous quarter. Its ten largest holdings account for 16% of the portfolio.
State Street withdrew a net $51.4B in Q1 2018, closing 107 positions and reducing 1,768 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $312M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
Against the trend, State Street opened a new position in VICI Properties worth $83.8M.
- State Street's largest Q1 2018 buy was VICI Properties: 4,575,237 shares worth $83.8M.
- State Street added most to Alibaba in Q1 2018, an estimated $221M increase.
- State Street's biggest Q1 2018 reduction was Apple, cutting an estimated $1.99B.
- State Street fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $312M.
- State Street's ten largest holdings make up 16% of its $1.18T portfolio in Q1 2018.
- State Street opened 131 new positions and closed 107 in Q1 2018.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.18T.
Based on State Street's 13F filing for Q1 2018, filed 15 May 2018.