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 | |
|---|---|---|---|---|---|---|
|
WGL
526
DELISTED
Wgl Holdings
WGL
| $325M | 0.03% |
3,885,548
-6,040
| -0.2% | -$508K |
|
527
Fluor
FLR
$7.3B
| $325M | 0.03% |
5,679,857
-441,860
| -7% | -$25.4M |
|
528
IPG Photonics
IPGP
$3.61B
| $325M | 0.03% |
1,390,856
+204,450
| +17% | +$50.4M |
|
529
Corpay
CPAY
$26.2B
| $325M | 0.03% |
1,602,788
-54,062
| -3% | -$11M |
|
|
AIV
530
Aimco
AIV
$377M
| $323M | 0.03% |
59,577,504
-145,872
| -0.2% | -$781K |
|
|
LPT
531
DELISTED
Liberty Property Trust
LPT
| $323M | 0.03% |
8,132,536
-435,870
| -5% | -$17.6M |
|
532
Chipotle Mexican Grill
CMG
$40.7B
| $323M | 0.03% |
49,909,200
-2,864,600
| -5% | -$18M |
|
533
Sonoco
SON
$5.72B
| $322M | 0.03% |
6,640,556
-614,824
| -8% | -$31.3M |
|
|
DISH
534
DELISTED
DISH Network Corp.
DISH
| $321M | 0.03% |
8,463,391
-325,333
| -4% | -$14.3M |
|
|
SNV
535
DELISTED
Synovus
SNV
| $321M | 0.03% |
6,420,724
+557,634
| +10% | +$28.1M |
|
|
STL
536
DELISTED
Sterling Bancorp
STL
| $320M | 0.03% |
14,201,517
+892,302
| +7% | +$21.9M |
|
537
Tractor Supply
TSCO
$18B
| $320M | 0.03% |
25,394,115
-1,188,120
| -4% | -$16.5M |
|
|
ABMD
538
DELISTED
Abiomed Inc
ABMD
| $319M | 0.03% |
1,097,834
-23,795
| -2% | -$6.03M |
|
539
Old Dominion Freight Line
ODFL
$44.1B
| $319M | 0.03% |
6,510,306
-127,764
| -2% | -$6.05M |
|
|
CDK
540
DELISTED
CDK Global, Inc.
CDK
| $319M | 0.03% |
5,032,994
-297,634
| -6% | -$20.8M |
|
|
AMTD
541
DELISTED
TD Ameritrade Holding Corp
AMTD
| $319M | 0.03% |
5,379,559
+365,989
| +7% | +$20.7M |
|
|
SEE
542
DELISTED
Sealed Air
SEE
| $318M | 0.03% |
7,435,960
-641,576
| -8% | -$29M |
|
543
Texas Capital Bancshares
TCBI
$4.32B
| $318M | 0.03% |
3,537,216
+473,562
| +15% | +$44.4M |
|
544
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.91B
| $317M | 0.03% |
11,248,408
+253,004
| +2% | +$7.14M |
|
545
Essential Utilities
WTRG
$11.3B
| $316M | 0.03% |
9,289,502
+382,635
| +4% | +$13.3M |
|
546
First Horizon
FHN
$12B
| $315M | 0.03% |
16,744,290
-68,603
| -0.4% | -$1.35M |
|
547
RenaissanceRe
RNR
$13.2B
| $312M | 0.03% |
2,254,402
+31,244
| +1% | +$4.06M |
|
548
Kilroy Realty
KRC
$4.32B
| $310M | 0.03% |
4,373,221
-5,084
| -0.1% | -$354K |
|
549
Workday
WDAY
$45.5B
| $309M | 0.03% |
2,429,769
-10,738
| -0.4% | -$1.31M |
|
|
UMPQ
550
DELISTED
Umpqua Holdings Corp
UMPQ
| $309M | 0.03% |
14,425,190
+1,650,363
| +13% | +$36M |
|
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.