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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Xylem
XYL
$28.7B
| $805M | 0.05% |
7,692,045
+121,367
| +2% | +$12.7M |
|
377
Best Buy
BBY
$17.6B
| $804M | 0.05% |
10,152,129
+123,256
| +1% | +$10.2M |
|
378
Quest Diagnostics
DGX
$26.3B
| $803M | 0.05% |
5,675,958
-182,651
| -3% | -$26.1M |
|
379
W.P. Carey
WPC
$16.1B
| $803M | 0.05% |
10,443,209
+212,941
| +2% | +$17M |
|
380
Waters Corp
WAT
$40.7B
| $802M | 0.05% |
2,589,756
-36,790
| -1% | -$11.9M |
|
|
PARA
381
DELISTED
Paramount Global Class B
PARA
| $796M | 0.04% |
35,333,056
+2,402,874
| +7% | +$51.5M |
|
382
The Mosaic Company
MOS
$7.42B
| $794M | 0.04% |
17,316,083
+81,245
| +0.5% | +$3.93M |
|
383
Host Hotels & Resorts
HST
$15.4B
| $787M | 0.04% |
47,402,486
-393,448
| -0.8% | -$6.7M |
|
384
Steris
STE
$23.4B
| $785M | 0.04% |
4,102,473
-94,261
| -2% | -$18.2M |
|
385
APA Corp
APA
$14.4B
| $783M | 0.04% |
21,726,682
-483,634
| -2% | -$19.4M |
|
386
VeriSign
VRSN
$26.4B
| $780M | 0.04% |
3,693,236
+57,748
| +2% | +$11.9M |
|
387
Citizens Financial Group
CFG
$30.8B
| $777M | 0.04% |
25,577,041
+241,869
| +1% | +$9.47M |
|
|
IPG
388
DELISTED
Interpublic Group of Companies
IPG
| $776M | 0.04% |
20,826,301
-228,105
| -1% | -$8.2M |
|
389
Cooper Companies
COO
$15B
| $775M | 0.04% |
8,299,984
-121,356
| -1% | -$10.4M |
|
390
Nasdaq
NDAQ
$53.3B
| $771M | 0.04% |
14,110,329
-687,781
| -5% | -$39.7M |
|
|
XYZ
391
Block Inc
XYZ
$47.5B
| $762M | 0.04% |
11,099,136
+236,506
| +2% | +$17.7M |
|
392
Northern Trust
NTRS
$34.5B
| $760M | 0.04% |
8,551,236
-344,385
| -4% | -$31.9M |
|
393
Ball Corp
BALL
$16.7B
| $760M | 0.04% |
13,783,121
-22,067
| -0.2% | -$1.23M |
|
394
Delta Air Lines
DAL
$59.7B
| $756M | 0.04% |
21,652,643
+579,727
| +3% | +$21.5M |
|
395
Regency Centers
REG
$13.9B
| $748M | 0.04% |
12,107,966
-111,259
| -0.9% | -$7M |
|
396
Factset
FDS
$10B
| $748M | 0.04% |
1,801,801
-44,569
| -2% | -$18.6M |
|
397
Raymond James Financial
RJF
$34.8B
| $744M | 0.04% |
7,941,039
-386,280
| -5% | -$40.9M |
|
398
Iron Mountain
IRM
$36.4B
| $738M | 0.04% |
13,797,287
-451,341
| -3% | -$23.7M |
|
399
Principal Financial Group
PFG
$24.3B
| $735M | 0.04% |
9,888,150
-1,973,865
| -17% | -$167M |
|
400
Camden Property Trust
CPT
$11B
| $729M | 0.04% |
6,890,494
+45,705
| +0.7% | +$5.21M |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.