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 | |
|---|---|---|---|---|---|---|
|
DO
1401
DELISTED
Diamond Offshore Drilling
DO
| $39.7M | ﹤0.01% |
2,244,621
-7,263
| -0.3% | -$128K |
|
1402
WD-40
WDFC
$3.14B
| $39.7M | ﹤0.01% |
339,636
+25,556
| +8% | +$2.81M |
|
|
KMI.PRA
1403
DELISTED
Kinder Morgan, Inc.
KMI.PRA
| $39.7M | ﹤0.01% |
+818,125
| New | +$39.5M |
|
|
IPHI
1404
DELISTED
INPHI CORPORATION
IPHI
| $39.6M | ﹤0.01% |
888,065
+41,431
| +5% | +$1.78M |
|
|
MRC
1405
DELISTED
MRC Global
MRC
| $39.6M | ﹤0.01% |
1,954,453
+11,430
| +0.6% | +$208K |
|
1406
HealthEquity
HQY
$8.84B
| $39.5M | ﹤0.01% |
973,850
+66,133
| +7% | +$2.56M |
|
1407
Brady Corp
BRC
$4.51B
| $39.4M | ﹤0.01% |
1,047,935
+89,207
| +9% | +$3.21M |
|
1408
Mueller Water Products
MWA
$4.11B
| $39.3M | ﹤0.01% |
2,952,910
+63,829
| +2% | +$819K |
|
1409
Cogent Communications
CCOI
$521M
| $39.1M | ﹤0.01% |
946,478
+62,053
| +7% | +$2.37M |
|
1410
Watts Water Technologies
WTS
$12.9B
| $39.1M | ﹤0.01% |
600,012
+39,018
| +7% | +$2.55M |
|
|
ARGO
1411
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $39.1M | ﹤0.01% |
682,379
+83,014
| +14% | +$4.43M |
|
|
HSNI
1412
DELISTED
HSN, Inc.
HSNI
| $39M | ﹤0.01% |
1,137,505
+22,552
| +2% | +$843K |
|
1413
Renasant Corp
RNST
$3.93B
| $39M | ﹤0.01% |
923,246
+125,563
| +16% | +$4.76M |
|
1414
Interactive Brokers
IBKR
$40.7B
| $39M | ﹤0.01% |
4,268,252
+303,884
| +8% | +$2.77M |
|
|
INN
1415
Summit Hotel Properties
INN
$667M
| $38.9M | ﹤0.01% |
2,429,189
+365,315
| +18% | +$5.12M |
|
1416
Insight Enterprises
NSIT
$4.51B
| $38.9M | ﹤0.01% |
962,152
+73,705
| +8% | +$2.54M |
|
|
CHMT
1417
DELISTED
Chemtura Corporation
CHMT
| $38.8M | ﹤0.01% |
1,168,896
-91,097
| -7% | -$3M |
|
1418
California Water Service
CWT
$3.06B
| $38.4M | ﹤0.01% |
1,133,219
+110,306
| +11% | +$3.65M |
|
1419
Sabra Healthcare REIT
SBRA
$5.1B
| $38.4M | ﹤0.01% |
1,572,817
+167,688
| +12% | +$3.84M |
|
1420
Mercado Libre
MELI
$97.4B
| $38.4M | ﹤0.01% |
245,853
+213,980
| +671% | +$35.4M |
|
|
CSOD
1421
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $38.4M | ﹤0.01% |
906,602
+34,590
| +4% | +$1.37M |
|
1422
Nu Skin
NUS
$236M
| $38.3M | ﹤0.01% |
802,056
+18,471
| +2% | +$1.03M |
|
|
SGYP
1423
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $38.3M | ﹤0.01% |
6,283,669
+653,353
| +12% | +$3.42M |
|
1424
Stepan Co
SCL
$1.49B
| $38.2M | ﹤0.01% |
469,422
+43,741
| +10% | +$3.37M |
|
1425
Franklin Electric
FELE
$4.74B
| $38.2M | ﹤0.01% |
980,886
+71,027
| +8% | +$2.79M |
|
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.