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 | |
|---|---|---|---|---|---|---|
1426
DigitalBridge
DBRG
$2.95B
| $37.9M | ﹤0.01% |
635,307
+2,046
| +0.3% | +$115K |
|
|
SFLY
1427
DELISTED
Shutterfly, Inc.
SFLY
| $37.8M | ﹤0.01% |
752,502
+2,280
| +0.3% | +$111K |
|
1428
Halozyme
HALO
$11.7B
| $37.7M | ﹤0.01% |
3,819,690
+558,479
| +17% | +$6.12M |
|
1429
Bloomin' Brands
BLMN
$962M
| $37.7M | ﹤0.01% |
2,091,138
-15,142
| -0.7% | -$274K |
|
1430
Erie Indemnity
ERIE
$13.4B
| $37.7M | ﹤0.01% |
335,334
+2,974
| +0.9% | +$316K |
|
1431
Rambus
RMBS
$10.4B
| $37.6M | ﹤0.01% |
2,731,123
+259,285
| +10% | +$3.36M |
|
1432
RBC Bearings
RBC
$17.7B
| $37.5M | ﹤0.01% |
403,598
+15,394
| +4% | +$1.24M |
|
|
NRF
1433
DELISTED
NorthStar Realty Finance Corp.
NRF
| $37.4M | ﹤0.01% |
2,469,389
+164,726
| +7% | +$2.39M |
|
|
DCUD
1434
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
| $37.4M | ﹤0.01% |
+740,000
| New | +$36.8M |
|
1435
Coherent
COHR
$64B
| $37.4M | ﹤0.01% |
1,260,576
+96,044
| +8% | +$2.73M |
|
1436
Methode Electronics
MEI
$591M
| $37.4M | ﹤0.01% |
903,692
+77,498
| +9% | +$2.84M |
|
|
HAWK
1437
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $37.4M | ﹤0.01% |
991,589
+39,207
| +4% | +$1.4M |
|
|
CBM
1438
DELISTED
Cambrex Corporation
CBM
| $37.2M | ﹤0.01% |
689,513
+34,532
| +5% | +$1.66M |
|
1439
First Commonwealth Financial
FCF
$2.18B
| $37.2M | ﹤0.01% |
2,622,520
+124,402
| +5% | +$1.45M |
|
|
HW
1440
DELISTED
Headwaters Inc
HW
| $37.1M | ﹤0.01% |
1,578,264
-42,258
| -3% | -$859K |
|
|
NEE.PRR
1441
DELISTED
NextEra Energy, Inc.
NEE.PRR
| $37.1M | ﹤0.01% |
+758,000
| New | +$37.2M |
|
1442
Boyd Gaming
BYD
$6.03B
| $37.1M | ﹤0.01% |
1,838,970
+90,813
| +5% | +$1.75M |
|
|
AF
1443
DELISTED
Astoria Financial Corporation
AF
| $37.1M | ﹤0.01% |
1,987,683
+196,819
| +11% | +$3.14M |
|
|
HMSY
1444
DELISTED
HMS Holdings Corp.
HMSY
| $37M | ﹤0.01% |
2,039,299
+182,042
| +10% | +$3.54M |
|
|
P
1445
DELISTED
Pandora Media Inc
P
| $37M | ﹤0.01% |
2,839,097
+24,152
| +0.9% | +$299K |
|
1446
Progress Software
PRGS
$1.76B
| $37M | ﹤0.01% |
1,159,343
+96,939
| +9% | +$2.81M |
|
1447
Ormat Technologies
ORA
$7.02B
| $37M | ﹤0.01% |
690,127
+36,499
| +6% | +$1.77M |
|
|
AMT.PRB
1448
DELISTED
American Tower Corporation
AMT.PRB
| $37M | ﹤0.01% |
+358,379
| New | +$38M |
|
|
FCH
1449
DELISTED
Felcor Lodging Trust
FCH
| $36.9M | ﹤0.01% |
4,607,085
+122,491
| +3% | +$868K |
|
1450
Vale
VALE
$61.3B
| $36.9M | ﹤0.01% |
4,838,520
-677,364
| -12% | -$4.96M |
|
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.