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 | |
|---|---|---|---|---|---|---|
501
iShares MBS ETF
MBB
$39B
| $355M | 0.03% |
3,394,159
| – | – |
|
502
HF Sinclair
DINO
$15.1B
| $355M | 0.03% |
7,261,606
-398,232
| -5% | -$18.9M |
|
503
Qorvo
QRVO
$8.59B
| $354M | 0.03% |
5,018,832
-252,634
| -5% | -$19M |
|
504
Pultegroup
PHM
$24.7B
| $353M | 0.03% |
11,962,217
-825,644
| -6% | -$25.6M |
|
505
Allegion
ALLE
$14.1B
| $350M | 0.03% |
4,102,608
-502,833
| -11% | -$42.1M |
|
506
IDEX
IEX
$17.2B
| $348M | 0.03% |
2,443,752
-37,343
| -2% | -$5.21M |
|
507
Annaly Capital Management
NLY
$17.1B
| $348M | 0.03% |
8,339,409
+373,962
| +5% | +$15.9M |
|
508
T-Mobile US
TMUS
$189B
| $348M | 0.03% |
5,698,163
-176,572
| -3% | -$11M |
|
509
Kimco Realty
KIM
$16.1B
| $347M | 0.03% |
24,107,481
-564,495
| -2% | -$8.69M |
|
510
Jack Henry & Associates
JKHY
$11B
| $347M | 0.03% |
2,867,821
-53,904
| -2% | -$6.56M |
|
511
Campbell Soup
CPB
$6.69B
| $345M | 0.03% |
7,954,270
-443,976
| -5% | -$20M |
|
512
Snap-on
SNA
$21.3B
| $341M | 0.03% |
2,314,040
-131,681
| -5% | -$21.6M |
|
513
Markel Group
MKL
$22.9B
| $341M | 0.03% |
291,180
-5,971
| -2% | -$6.72M |
|
514
Black Hills Corp
BKH
$5.62B
| $340M | 0.03% |
6,264,687
+1,987,925
| +46% | +$106M |
|
|
TWTR
515
DELISTED
Twitter, Inc.
TWTR
| $339M | 0.03% |
11,700,908
-128,400
| -1% | -$3.76M |
|
|
Y
516
DELISTED
Alleghany Corp
Y
| $339M | 0.03% |
551,093
-34,581
| -6% | -$20.9M |
|
517
Coty
COTY
$2.51B
| $338M | 0.03% |
18,480,456
-1,117,946
| -6% | -$22M |
|
518
Celanese
CE
$4.83B
| $338M | 0.03% |
3,372,088
-102,394
| -3% | -$10.8M |
|
519
RPM International
RPM
$14.7B
| $337M | 0.03% |
7,064,020
+80,070
| +1% | +$4.08M |
|
520
Domino's
DPZ
$11.4B
| $335M | 0.03% |
1,435,980
-54,583
| -4% | -$11.9M |
|
|
GRMN
521
Garmin
GRMN
$60.3B
| $334M | 0.03% |
5,672,466
-356,657
| -6% | -$21.8M |
|
|
WP
522
DELISTED
Worldpay, Inc.
WP
| $330M | 0.03% |
4,015,227
+904,702
| +29% | +$71.8M |
|
|
PACW
523
DELISTED
PacWest Bancorp
PACW
| $328M | 0.03% |
6,613,462
+144,050
| +2% | +$7.52M |
|
524
BioMarin Pharmaceuticals
BMRN
$13.2B
| $326M | 0.03% |
4,023,336
+28,761
| +0.7% | +$2.47M |
|
525
Jefferies Financial Group
JEF
$12.7B
| $325M | 0.03% |
15,996,394
-603,715
| -4% | -$13.7M |
|
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.