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 | |
|---|---|---|---|---|---|---|
|
CCI.PRA
1401
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
| $50.6M | ﹤0.01% |
45,550
+2,400
| +6% | +$2.64M |
|
1402
STAG Industrial
STAG
$7.08B
| $50.5M | ﹤0.01% |
2,112,172
-29,770
| -1% | -$726K |
|
1403
iShares MSCI Canada ETF
EWC
$6.48B
| $50.5M | ﹤0.01% |
1,832,428
+15,449
| +0.9% | +$443K |
|
1404
Westamerica Bancorp
WABC
$1.36B
| $50.4M | ﹤0.01% |
868,289
-63,818
| -7% | -$3.79M |
|
1405
Kite Realty
KRG
$5.24B
| $50.4M | ﹤0.01% |
3,310,269
-36,908
| -1% | -$597K |
|
|
MFA
1406
MFA Financial
MFA
$928M
| $50.4M | ﹤0.01% |
1,673,760
+8,960
| +0.5% | +$266K |
|
1407
Quaker Houghton
KWR
$2.94B
| $50.3M | ﹤0.01% |
339,284
-51,164
| -13% | -$7.75M |
|
|
HF
1408
DELISTED
HFF Inc.
HF
| $50.2M | ﹤0.01% |
1,010,386
+20,788
| +2% | +$995K |
|
|
AABA
1409
DELISTED
Altaba Inc
AABA
| $50.2M | ﹤0.01% |
677,493
-56,669
| -8% | -$4.27M |
|
1410
UFP Industries
UFPI
$5.12B
| $50.1M | ﹤0.01% |
1,543,894
-38,004
| -2% | -$1.35M |
|
1411
Invesco Mortgage Capital
IVR
$802M
| $50.1M | ﹤0.01% |
305,576
-5,094
| -2% | -$840K |
|
1412
Progress Software
PRGS
$1.77B
| $49.9M | ﹤0.01% |
1,297,873
-17,014
| -1% | -$780K |
|
1413
Spectrum Brands
SPB
$2.02B
| $49.5M | ﹤0.01% |
477,395
-31,640
| -6% | -$3.4M |
|
|
SEM
1414
DELISTED
Select Medical
SEM
| $49.5M | ﹤0.01% |
5,324,407
-268,489
| -5% | -$2.56M |
|
1415
WD-40
WDFC
$3.13B
| $49.3M | ﹤0.01% |
374,401
-8,360
| -2% | -$1.05M |
|
1416
NBT Bancorp
NBTB
$2.75B
| $49.2M | ﹤0.01% |
1,387,693
+84,252
| +6% | +$3.09M |
|
1417
RH
RH
$3.46B
| $49.2M | ﹤0.01% |
516,613
-17,184
| -3% | -$1.52M |
|
1418
Cogent Communications
CCOI
$554M
| $49.2M | ﹤0.01% |
1,132,587
+51,680
| +5% | +$2.27M |
|
1419
Integer Holdings
ITGR
$4.25B
| $49.1M | ﹤0.01% |
868,099
+436
| +0.1% | +$22K |
|
1420
Azenta
AZTA
$1.46B
| $49.1M | ﹤0.01% |
1,812,926
+48,258
| +3% | +$1.31M |
|
1421
Warrior Met Coal
HCC
$5.16B
| $49M | ﹤0.01% |
1,750,881
+123,659
| +8% | +$3.58M |
|
|
HAWK
1422
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $49M | ﹤0.01% |
1,096,881
-21,750
| -2% | -$949K |
|
1423
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.27B
| $49M | ﹤0.01% |
1,613,123
+410,942
| +34% | +$12.4M |
|
1424
Monro
MNRO
$365M
| $49M | ﹤0.01% |
913,805
-40,621
| -4% | -$2.25M |
|
|
MINI
1425
DELISTED
Mobile Mini Inc
MINI
| $49M | ﹤0.01% |
1,125,478
-41,758
| -4% | -$1.7M |
|
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.