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 | |
|---|---|---|---|---|---|---|
476
Polaris
PII
$3.97B
| $392M | 0.03% |
3,423,112
-324,706
| -9% | -$39.1M |
|
477
Fortune Brands Innovations
FBIN
$5.73B
| $390M | 0.03% |
7,743,905
-158,159
| -2% | -$8.82M |
|
478
Norwegian Cruise Line
NCLH
$8.52B
| $389M | 0.03% |
7,343,223
+501,012
| +7% | +$28.5M |
|
479
Bath & Body Works
BBWI
$3.89B
| $389M | 0.03% |
12,583,348
+67,166
| +0.5% | +$2.54M |
|
|
IPG
480
DELISTED
Interpublic Group of Companies
IPG
| $389M | 0.03% |
16,872,135
+124,376
| +0.7% | +$2.79M |
|
481
Hasbro
HAS
$13.3B
| $388M | 0.03% |
4,598,360
-256,888
| -5% | -$23.8M |
|
482
Vanguard Total Bond Market
BND
$161B
| $386M | 0.03% |
4,823,222
+484,875
| +11% | +$38.8M |
|
|
MXIM
483
DELISTED
Maxim Integrated Products
MXIM
| $384M | 0.03% |
6,374,444
-554,150
| -8% | -$32.8M |
|
484
Ingredion
INGR
$6.53B
| $381M | 0.03% |
2,955,912
-41,607
| -1% | -$5.57M |
|
485
Macerich
MAC
$6.9B
| $379M | 0.03% |
6,767,705
-75,771
| -1% | -$4.62M |
|
486
NiSource
NI
$20B
| $379M | 0.03% |
15,831,467
-275,519
| -2% | -$6.53M |
|
|
EV
487
DELISTED
Eaton Vance Corp.
EV
| $378M | 0.03% |
6,791,815
-540,046
| -7% | -$30.7M |
|
488
NVR
NVR
$16.8B
| $377M | 0.03% |
134,606
-11,797
| -8% | -$37.5M |
|
489
Steel Dynamics
STLD
$38.5B
| $374M | 0.03% |
8,461,311
-289,064
| -3% | -$13.3M |
|
490
Teleflex
TFX
$5.89B
| $372M | 0.03% |
1,460,195
+15,255
| +1% | +$4.01M |
|
|
VVC
491
DELISTED
Vectren Corporation
VVC
| $371M | 0.03% |
5,807,643
+554,519
| +11% | +$34.3M |
|
492
RLI Corp
RLI
$5.83B
| $371M | 0.03% |
11,699,942
+341,790
| +3% | +$10.6M |
|
493
NRG Energy
NRG
$25B
| $371M | 0.03% |
12,141,703
-423,819
| -3% | -$11.7M |
|
494
AES
AES
$10.5B
| $364M | 0.03% |
32,044,191
-730,273
| -2% | -$7.94M |
|
495
MDU Resources
MDU
$4.29B
| $362M | 0.03% |
33,837,131
+3,137,313
| +10% | +$31.9M |
|
496
Reinsurance Group of America
RGA
$15.8B
| $361M | 0.03% |
2,346,636
-133,817
| -5% | -$21M |
|
|
JNPR
497
DELISTED
Juniper Networks
JNPR
| $361M | 0.03% |
14,844,439
-980,664
| -6% | -$26.1M |
|
498
Western Union
WU
$2.19B
| $361M | 0.03% |
18,780,388
-1,552,911
| -8% | -$31.2M |
|
499
Iron Mountain
IRM
$36.2B
| $358M | 0.03% |
10,898,361
+80,498
| +0.7% | +$2.71M |
|
500
Advance Auto Parts
AAP
$3.36B
| $358M | 0.03% |
3,015,922
-166,740
| -5% | -$19.1M |
|
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.