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 | |
|---|---|---|---|---|---|---|
|
VRNT
1351
DELISTED
Verint Systems
VRNT
| $55.8M | ﹤0.01% |
2,572,472
+13,444
| +0.5% | +$277K |
|
1352
Banc of California
BANC
$3.09B
| $55.8M | ﹤0.01% |
2,891,155
+378,542
| +15% | +$7.69M |
|
|
PAY
1353
DELISTED
Verifone Systems Inc
PAY
| $55.7M | ﹤0.01% |
3,618,170
-364,134
| -9% | -$6.36M |
|
|
PDCO
1354
DELISTED
Patterson Companies, Inc.
PDCO
| $55.6M | ﹤0.01% |
2,501,437
-742,214
| -23% | -$23.1M |
|
1355
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $55.6M | ﹤0.01% |
1,872,692
+512,019
| +38% | +$15.2M |
|
1356
Century Aluminum
CENX
$5.18B
| $55.6M | ﹤0.01% |
3,359,893
-531,056
| -14% | -$11.1M |
|
1357
First Bancorp
FBP
$4.43B
| $55.4M | ﹤0.01% |
9,209,733
+1,433,084
| +18% | +$8.44M |
|
|
AL
1358
DELISTED
Air Lease Corp
AL
| $55.3M | ﹤0.01% |
1,298,183
-26,557
| -2% | -$1.22M |
|
|
WDR
1359
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $55.3M | ﹤0.01% |
2,737,022
-287,695
| -10% | -$6.08M |
|
1360
White Mountains Insurance
WTM
$5.04B
| $55.3M | ﹤0.01% |
67,211
-6,744
| -9% | -$5.57M |
|
1361
Pitney Bowes
PBI
$2.27B
| $55.3M | ﹤0.01% |
5,076,451
-159,277
| -3% | -$1.97M |
|
1362
Visteon
VC
$2.83B
| $55.2M | ﹤0.01% |
500,421
-31,163
| -6% | -$3.9M |
|
|
MFGP
1363
DELISTED
Micro Focus International plc. American Depositary Shares, each representing One Ordinary Share
MFGP
| $54.9M | ﹤0.01% |
3,231,753
-220,165
| -6% | -$7.22M |
|
|
CRC
1364
DELISTED
California Resources Corporation
CRC
| $54.6M | ﹤0.01% |
3,185,438
+1,098,825
| +53% | +$20.6M |
|
|
ALDR
1365
DELISTED
Alder Biopharmaceuticals
ALDR
| $54.6M | ﹤0.01% |
4,296,297
+1,067,058
| +33% | +$15.4M |
|
|
LPNT
1366
DELISTED
LifePoint Health, Inc.
LPNT
| $54.3M | ﹤0.01% |
1,154,907
-16,330
| -1% | -$786K |
|
1367
Renasant Corp
RNST
$3.92B
| $54.1M | ﹤0.01% |
1,272,110
-177,695
| -12% | -$7.64M |
|
1368
HEICO Corp Class A
HEI.A
$37B
| $53.8M | ﹤0.01% |
948,648
-273,059
| -22% | -$14.8M |
|
|
AMAG
1369
DELISTED
AMAG Pharmaceuticals
AMAG
| $53.8M | ﹤0.01% |
2,669,512
-293,372
| -10% | -$4.96M |
|
1370
Madrigal Pharmaceuticals
MDGL
$12.4B
| $53.8M | ﹤0.01% |
460,371
+390,618
| +560% | +$48.2M |
|
1371
Saia
SAIA
$9.52B
| $53.7M | ﹤0.01% |
715,231
-1,068
| -0.1% | -$79.4K |
|
1372
Dillards
DDS
$10.1B
| $53.7M | ﹤0.01% |
668,213
-127,227
| -16% | -$9.19M |
|
|
AAT
1373
American Assets Trust
AAT
$1.37B
| $53.7M | ﹤0.01% |
1,606,521
+12,411
| +0.8% | +$421K |
|
|
DNR
1374
DELISTED
Denbury Resources, Inc.
DNR
| $53.7M | ﹤0.01% |
19,582,325
+4,163,615
| +27% | +$9.81M |
|
|
HZNP
1375
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $53.6M | ﹤0.01% |
3,774,293
-270,132
| -7% | -$3.99M |
|
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.