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 | |
|---|---|---|---|---|---|---|
1426
Apogee Enterprises
APOG
$884M
| $49M | ﹤0.01% |
1,129,402
-13,952
| -1% | -$623K |
|
1427
FTI Consulting
FCN
$4.16B
| $48.9M | ﹤0.01% |
1,010,243
+15,635
| +2% | +$706K |
|
1428
Papa John's
PZZA
$794M
| $48.9M | ﹤0.01% |
852,845
-60,075
| -7% | -$3.6M |
|
|
VTLE
1429
DELISTED
Vital Energy
VTLE
| $48.8M | ﹤0.01% |
279,971
-7,106
| -2% | -$1.33M |
|
1430
Bloomin' Brands
BLMN
$947M
| $48.7M | ﹤0.01% |
2,004,472
+52,734
| +3% | +$1.19M |
|
|
NSA
1431
DELISTED
National Storage Affiliates Trust
NSA
| $48.5M | ﹤0.01% |
1,935,512
+142,790
| +8% | +$3.6M |
|
1432
NETGEAR
NTGR
$657M
| $48.4M | ﹤0.01% |
846,957
+18,259
| +2% | +$1.12M |
|
|
FNSR
1433
DELISTED
Finisar Corp
FNSR
| $48.4M | ﹤0.01% |
3,061,803
+782,448
| +34% | +$14.8M |
|
1434
Northwest Bancshares
NWBI
$2.3B
| $48.4M | ﹤0.01% |
2,920,492
+386,478
| +15% | +$6.5M |
|
|
ENV
1435
DELISTED
ENVESTNET, INC.
ENV
| $48.3M | ﹤0.01% |
843,017
-1,278
| -0.2% | -$70.2K |
|
1436
Oil States International
OIS
$533M
| $48.2M | ﹤0.01% |
1,841,043
-155,759
| -8% | -$4.46M |
|
1437
Greif
GEF
$4.94B
| $48.1M | ﹤0.01% |
920,450
-6,010
| -0.6% | -$339K |
|
|
STAY
1438
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $48.1M | ﹤0.01% |
2,430,757
-90,624
| -4% | -$1.79M |
|
1439
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $48.1M | ﹤0.01% |
737,101
-90,147
| -11% | -$5.95M |
|
|
SRE.PRA
1440
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
| $47.9M | ﹤0.01% |
+471,000
| New | +$47.5M |
|
1441
Armstrong World Industries
AWI
$7.7B
| $47.9M | ﹤0.01% |
849,987
-73,514
| -8% | -$4.46M |
|
1442
CONMED
CNMD
$1.46B
| $47.8M | ﹤0.01% |
754,705
-137,761
| -15% | -$8.22M |
|
1443
EXL Service
EXLS
$5.22B
| $47.7M | ﹤0.01% |
4,273,100
+12,830
| +0.3% | +$153K |
|
1444
Designer Brands
DBI
$314M
| $47.6M | ﹤0.01% |
2,120,187
+71,706
| +4% | +$1.47M |
|
|
BPFH
1445
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $47.5M | ﹤0.01% |
3,154,234
+335,321
| +12% | +$5.09M |
|
1446
Conduent
CNDT
$236M
| $47.4M | ﹤0.01% |
2,544,108
+17,356
| +0.7% | +$305K |
|
1447
Albany International
AIN
$1.8B
| $47.4M | ﹤0.01% |
756,286
+6,780
| +0.9% | +$433K |
|
|
NEE.PRR
1448
DELISTED
NextEra Energy, Inc.
NEE.PRR
| $47.4M | ﹤0.01% |
822,709
+27,750
| +3% | +$1.55M |
|
|
CALD
1449
DELISTED
Callidus Software, Inc.
CALD
| $47.1M | ﹤0.01% |
1,310,846
+17,157
| +1% | +$586K |
|
1450
Dorman Products
DORM
$3.92B
| $47.1M | ﹤0.01% |
711,678
+13,150
| +2% | +$937K |
|
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.