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 | |
|---|---|---|---|---|---|---|
276
Paychex
PAYX
$42.7B
| $829M | 0.07% |
13,460,003
-146,023
| -1% | -$9.65M |
|
277
Huntington Ingalls Industries
HII
$12.8B
| $818M | 0.07% |
3,174,231
+283,121
| +10% | +$70.2M |
|
278
Best Buy
BBY
$17.3B
| $811M | 0.07% |
11,593,853
-883,414
| -7% | -$63.5M |
|
|
279
J.M. Smucker
SJM
$12.8B
| $808M | 0.07% |
6,514,481
+1,209,669
| +23% | +$151M |
|
280
Lumen
LUMN
$6.44B
| $806M | 0.07% |
49,026,544
-2,035,832
| -4% | -$35.3M |
|
281
SBA Communications
SBAC
$19.5B
| $792M | 0.07% |
4,632,756
-183,712
| -4% | -$30.4M |
|
282
American Airlines Group
AAL
$10.6B
| $789M | 0.07% |
15,184,746
-449,167
| -3% | -$24.1M |
|
283
Microchip Technology
MCHP
$46B
| $784M | 0.07% |
17,161,260
-700,838
| -4% | -$32.3M |
|
|
ANDV
284
DELISTED
Andeavor
ANDV
| $782M | 0.07% |
7,775,026
-284,096
| -4% | -$29.6M |
|
285
Royal Caribbean
RCL
$85.6B
| $781M | 0.07% |
6,634,025
-316,938
| -5% | -$40M |
|
286
W.W. Grainger
GWW
$60.2B
| $780M | 0.07% |
2,763,738
-636,997
| -19% | -$167M |
|
287
Motorola Solutions
MSI
$77.4B
| $776M | 0.07% |
7,372,710
-375,036
| -5% | -$38.3M |
|
288
APA Corp
APA
$13.2B
| $775M | 0.07% |
20,146,491
+128,474
| +0.6% | +$5.17M |
|
289
Principal Financial Group
PFG
$24.3B
| $767M | 0.07% |
12,586,562
-908,546
| -7% | -$59.8M |
|
290
Dover
DOV
$28.4B
| $763M | 0.06% |
9,616,479
-761,791
| -7% | -$62.4M |
|
291
McCormick & Company Non-Voting
MKC
$14.2B
| $758M | 0.06% |
14,252,800
-253,892
| -2% | -$13.3M |
|
|
NBL
292
DELISTED
Noble Energy, Inc.
NBL
| $757M | 0.06% |
24,989,240
-1,285,234
| -5% | -$38.7M |
|
|
293
C.H. Robinson
CHRW
$17.5B
| $747M | 0.06% |
7,967,889
+1,479,750
| +23% | +$136M |
|
294
Lincoln National
LNC
$8.81B
| $740M | 0.06% |
10,128,856
-654,745
| -6% | -$51.4M |
|
295
Centene
CNC
$32.5B
| $736M | 0.06% |
13,769,206
-415,664
| -3% | -$21.7M |
|
296
Skyworks Solutions
SWKS
$10.6B
| $736M | 0.06% |
7,336,739
-196,088
| -3% | -$20.4M |
|
297
Align Technology
ALGN
$12.3B
| $730M | 0.06% |
2,907,781
-127,052
| -4% | -$32.6M |
|
298
Church & Dwight Co
CHD
$24.5B
| $730M | 0.06% |
14,493,509
-792,456
| -5% | -$39M |
|
|
PBCT
299
DELISTED
People's United Financial Inc
PBCT
| $728M | 0.06% |
39,010,013
-554,239
| -1% | -$10.8M |
|
300
Genuine Parts
GPC
$18.7B
| $725M | 0.06% |
8,074,435
-594,726
| -7% | -$57.5M |
|
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.