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 | |
|---|---|---|---|---|---|---|
401
Expedia Group
EXPE
$36.9B
| $516M | 0.04% |
4,671,538
-182,484
| -4% | -$21.2M |
|
402
SL Green Realty
SLG
$3.88B
| $513M | 0.04% |
5,471,930
-321,764
| -6% | -$30.2M |
|
403
Everest Group
EG
$14.3B
| $512M | 0.04% |
1,992,236
-182,390
| -8% | -$43.8M |
|
404
Las Vegas Sands
LVS
$29.4B
| $509M | 0.04% |
7,077,290
-303,007
| -4% | -$22.2M |
|
405
Affiliated Managers Group
AMG
$9.76B
| $505M | 0.04% |
2,665,489
-80,088
| -3% | -$15.6M |
|
406
Raymond James Financial
RJF
$34.3B
| $502M | 0.04% |
8,423,733
-447,384
| -5% | -$27.8M |
|
407
Regency Centers
REG
$13.9B
| $502M | 0.04% |
8,503,446
-49,939
| -0.6% | -$3.02M |
|
|
CTXS
408
DELISTED
Citrix Systems Inc
CTXS
| $500M | 0.04% |
5,392,513
-491,820
| -8% | -$45.2M |
|
409
ServiceNow
NOW
$128B
| $498M | 0.04% |
15,062,205
-345,645
| -2% | -$10.7M |
|
410
Whirlpool
WHR
$2.73B
| $494M | 0.04% |
3,227,758
-297,190
| -8% | -$49.6M |
|
411
Perrigo
PRGO
$1.75B
| $491M | 0.04% |
5,891,561
-275,302
| -4% | -$24M |
|
412
Credicorp
BAP
$30.7B
| $488M | 0.04% |
2,150,271
+46,302
| +2% | +$10.3M |
|
413
Broadridge
BR
$19.2B
| $486M | 0.04% |
4,434,857
-210,994
| -5% | -$21M |
|
414
Avery Dennison
AVY
$13.3B
| $482M | 0.04% |
4,540,287
-226,098
| -5% | -$26.2M |
|
|
XEC
415
DELISTED
CIMAREX ENERGY CO
XEC
| $482M | 0.04% |
5,150,543
-140,103
| -3% | -$14.9M |
|
|
VAR
416
DELISTED
Varian Medical Systems, Inc.
VAR
| $481M | 0.04% |
3,924,521
-165,748
| -4% | -$19.8M |
|
417
JD.com
JD
$44.6B
| $481M | 0.04% |
11,881,647
-848,835
| -7% | -$38.5M |
|
418
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $479M | 0.04% |
8,207,426
+516,480
| +7% | +$30.5M |
|
419
Albemarle
ALB
$15.6B
| $479M | 0.04% |
5,163,716
-361,672
| -7% | -$39.8M |
|
420
Leggett & Platt
LEG
$1.31B
| $478M | 0.04% |
10,781,610
-158,801
| -1% | -$7.28M |
|
421
Newell Brands
NWL
$2.54B
| $477M | 0.04% |
18,702,381
-2,363,200
| -11% | -$66.8M |
|
422
Travel + Leisure Co
TNL
$4.58B
| $476M | 0.04% |
9,215,115
-464,900
| -5% | -$24.9M |
|
423
Darden Restaurants
DRI
$24.3B
| $476M | 0.04% |
5,583,422
-267,898
| -5% | -$25.4M |
|
424
FMC
FMC
$1.31B
| $475M | 0.04% |
7,150,984
-119,436
| -2% | -$8.9M |
|
|
KSU
425
DELISTED
Kansas City Southern
KSU
| $475M | 0.04% |
4,320,122
-158,307
| -4% | -$17.2M |
|
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.