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 |
Berkshire Hathaway Class B
BRK.B
|
+$976M |
| 2 |
JPMorgan Chase
JPM
|
+$903M |
| 3 |
Wells Fargo
WFC
|
+$878M |
| 4 |
ExxonMobil
XOM
|
+$726M |
| 5 |
Bank of America
BAC
|
+$638M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alcoa
AA
|
+$590M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$447M |
| 3 |
Yum! Brands
YUM
|
+$387M |
| 4 |
Lockheed Martin
LMT
|
+$327M |
| 5 |
PNY
PIEDMONT NATURAL GAS CO INC(NC
PNY
|
+$245M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.01% |
| 2 | Technology | 12.87% |
| 3 | Healthcare | 12.87% |
| 4 | Industrials | 12.01% |
| 5 | Consumer Discretionary | 8.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
NETGEAR
NTGR
$639M
| $41.1M | ﹤0.01% |
757,145
+51,283
| +7% | +$2.74M |
|
1377
State Street SPDR Bloomberg 1-10 Year TIPS ETF
TIPX
$2.04B
| $41.1M | ﹤0.01% |
2,123,322
+38,445
| +2% | +$753K |
|
|
STMP
1378
DELISTED
Stamps.com, Inc.
STMP
| $40.9M | ﹤0.01% |
356,759
+22,098
| +7% | +$2.3M |
|
|
DGI
1379
DELISTED
DigitalGlobe Inc.
DGI
| $40.9M | ﹤0.01% |
1,427,123
+140,151
| +11% | +$4.04M |
|
|
VRNT
1380
DELISTED
Verint Systems
VRNT
| $40.8M | ﹤0.01% |
2,274,652
+56,281
| +3% | +$1.05M |
|
|
VGR
1381
DELISTED
Vector Group Ltd.
VGR
| $40.8M | ﹤0.01% |
2,926,467
+22,037
| +0.8% | +$286K |
|
|
AAT
1382
American Assets Trust
AAT
$1.39B
| $40.8M | ﹤0.01% |
946,325
+76,314
| +9% | +$3.11M |
|
1383
Provident Financial Services
PFS
$3.2B
| $40.7M | ﹤0.01% |
1,439,420
+140,183
| +11% | +$3.49M |
|
1384
Benchmark Electronics
BHE
$2.96B
| $40.7M | ﹤0.01% |
1,334,365
+88,115
| +7% | +$2.41M |
|
1385
Emergent Biosolutions
EBS
$227M
| $40.7M | ﹤0.01% |
1,238,972
-310,366
| -20% | -$9.3M |
|
1386
Simpson Manufacturing
SSD
$8.08B
| $40.5M | ﹤0.01% |
925,347
+62,136
| +7% | +$2.78M |
|
|
ASRT
1387
DELISTED
Assertio
ASRT
| $40.4M | ﹤0.01% |
37,403
+3,922
| +12% | +$5M |
|
1388
PRA Group
PRAA
$694M
| $40.4M | ﹤0.01% |
1,033,702
+39,398
| +4% | +$1.34M |
|
1389
Eagle Bancorp
EGBN
$851M
| $40.4M | ﹤0.01% |
663,031
+52,664
| +9% | +$2.88M |
|
1390
Sinclair Inc
SBGI
$963M
| $40.3M | ﹤0.01% |
1,208,361
+7,289
| +0.6% | +$217K |
|
1391
Cimpress
CMPR
$2.36B
| $40.3M | ﹤0.01% |
439,726
+4,778
| +1% | +$433K |
|
1392
Insulet
PODD
$9.98B
| $40.2M | ﹤0.01% |
1,067,303
+36,977
| +4% | +$1.38M |
|
1393
Horace Mann Educators
HMN
$2.13B
| $40.2M | ﹤0.01% |
938,419
+73,155
| +8% | +$2.85M |
|
1394
KB Home
KBH
$3.54B
| $40.2M | ﹤0.01% |
2,540,098
-84,678
| -3% | -$1.32M |
|
1395
Vanguard Total International Bond ETF
BNDX
$82.9B
| $40.1M | ﹤0.01% |
+738,533
| New | +$40.5M |
|
1396
Northwest Natural Holdings
NWN
$2.11B
| $39.9M | ﹤0.01% |
667,480
+74,506
| +13% | +$4.33M |
|
|
BPFH
1397
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $39.8M | ﹤0.01% |
2,407,490
+414,390
| +21% | +$6M |
|
1398
iShare MSCI Eurozone ETF
EZU
$9.91B
| $39.8M | ﹤0.01% |
1,150,594
| – | – |
|
1399
WisdomTree
WT
$3.37B
| $39.8M | ﹤0.01% |
3,571,217
-161,305
| -4% | -$1.68M |
|
|
DMC
1400
Del Monte Corp
DMC
$1.46B
| $39.8M | ﹤0.01% |
655,712
+49,754
| +8% | +$3.06M |
|
Similar funds
State Street's Q4 2016 Portfolio in Review
As of Q4 2016, State Street held 3,765 positions worth $1.06T, up 7.1% from $992B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street deployed $34.4B of net new capital in Q4 2016, opening 169 new positions and adding to 2,628 existing holdings. Its largest new stake was Howmet Aerospace: 24,919,256 shares worth $354M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Alcoa, an estimated $590M trimmed.
- State Street's largest Q4 2016 buy was Howmet Aerospace: 24,919,256 shares worth $354M.
- State Street added most to Berkshire Hathaway Class B in Q4 2016, an estimated $976M increase.
- State Street's biggest Q4 2016 reduction was Alcoa, cutting an estimated $590M.
- State Street fully exited LinkedIn Corporation in Q4 2016, selling an estimated $447M.
- State Street's ten largest holdings make up 15% of its $1.06T portfolio in Q4 2016.
- State Street opened 169 new positions and closed 99 in Q4 2016.
- State Street's portfolio value rose 7.1% quarter-over-quarter to $1.06T.
Based on State Street's 13F filing for Q4 2016, filed 9 Feb 2017.