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 | |
|---|---|---|---|---|---|---|
901
Viasat
VSAT
$11.6B
| $120M | 0.01% |
1,831,161
+26,149
| +1% | +$1.91M |
|
|
SGI
902
Somnigroup International
SGI
$13.9B
| $120M | 0.01% |
10,609,660
+66,232
| +0.6% | +$909K |
|
|
UCB
903
United Community Banks
UCB
$4.34B
| $120M | 0.01% |
3,795,523
+578,453
| +18% | +$18.1M |
|
904
Deluxe
DLX
$1.11B
| $120M | 0.01% |
1,621,198
-49,867
| -3% | -$3.69M |
|
|
JBGS
905
JBG SMITH
JBGS
$663M
| $120M | 0.01% |
3,552,990
-474,258
| -12% | -$15.7M |
|
|
MDSO
906
DELISTED
Medidata Solutions, Inc.
MDSO
| $120M | 0.01% |
1,906,550
-139,580
| -7% | -$9.29M |
|
907
Chemed
CHE
$7.21B
| $119M | 0.01% |
437,122
-13,534
| -3% | -$3.59M |
|
908
Evercore
EVR
$11.6B
| $119M | 0.01% |
1,367,347
+345,897
| +34% | +$32.6M |
|
909
Apple Hospitality REIT
APLE
$3.75B
| $119M | 0.01% |
6,781,645
+297,969
| +5% | +$5.46M |
|
|
ATH
910
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $119M | 0.01% |
2,491,498
+189,018
| +8% | +$9.41M |
|
|
PDCE
911
DELISTED
PDC Energy, Inc.
PDCE
| $119M | 0.01% |
2,428,510
-227,175
| -9% | -$12M |
|
912
Hexcel
HXL
$7.67B
| $118M | 0.01% |
1,832,770
-248,315
| -12% | -$16.4M |
|
|
ONCE
913
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $118M | 0.01% |
1,776,365
+377,801
| +27% | +$21.8M |
|
914
BWX Technologies
BWXT
$15.8B
| $118M | 0.01% |
1,856,508
-8,989
| -0.5% | -$570K |
|
915
Avient
AVNT
$4.25B
| $117M | 0.01% |
2,762,425
-276,745
| -9% | -$11.9M |
|
916
American Eagle Outfitters
AEO
$3.01B
| $117M | 0.01% |
5,893,533
-307,990
| -5% | -$5.77M |
|
917
Simmons First National
SFNC
$3.43B
| $117M | 0.01% |
4,126,726
+761,988
| +23% | +$22.3M |
|
|
LOXO
918
DELISTED
Loxo Oncology, Inc
LOXO
| $117M | 0.01% |
1,015,733
-163,589
| -14% | -$17.4M |
|
919
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $117M | 0.01% |
1,132,945
+1,125,971
| +16,145% | +$116M |
|
920
Cracker Barrel
CBRL
$1.24B
| $117M | 0.01% |
733,489
-47,338
| -6% | -$7.84M |
|
921
Valvoline
VVV
$4.31B
| $117M | 0.01% |
5,272,998
-219,271
| -4% | -$5.22M |
|
922
Amdocs
DOX
$6.16B
| $117M | 0.01% |
1,747,882
-19,980
| -1% | -$1.34M |
|
923
Sabra Healthcare REIT
SBRA
$5.14B
| $117M | 0.01% |
6,605,405
-45,130
| -0.7% | -$795K |
|
924
Ambev
ABEV
$45.1B
| $116M | 0.01% |
16,016,914
+486,992
| +3% | +$3.35M |
|
925
TD Synnex
SNX
$20.5B
| $116M | 0.01% |
1,966,676
-21,062
| -1% | -$1.31M |
|
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.