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 | |
|---|---|---|---|---|---|---|
|
EBIX
1526
DELISTED
Ebix Inc
EBIX
| $32.6M | ﹤0.01% |
572,230
+17,035
| +3% | +$990K |
|
1527
Repligen
RGEN
$9.3B
| $32.6M | ﹤0.01% |
1,059,196
+116,068
| +12% | +$3.59M |
|
1528
HEICO Corp
HEI
$51.3B
| $32.6M | ﹤0.01% |
1,031,440
+95,754
| +10% | +$2.88M |
|
|
CKH
1529
DELISTED
Seacor Holdings Inc.
CKH
| $32.6M | ﹤0.01% |
472,294
+27,703
| +6% | +$1.63M |
|
|
SUM
1530
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $32.5M | ﹤0.01% |
1,410,402
+150,598
| +12% | +$3.16M |
|
|
FMSA
1531
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $32.5M | ﹤0.01% |
2,758,795
+702,301
| +34% | +$6.5M |
|
|
SLY
1532
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $32.5M | ﹤0.01% |
537,536
+209,950
| +64% | +$12.1M |
|
|
TVPT
1533
DELISTED
Travelport Worldwide Limited
TVPT
| $32.5M | ﹤0.01% |
2,302,974
+158,511
| +7% | +$2.21M |
|
1534
Penske Automotive Group
PAG
$14.2B
| $32.2M | ﹤0.01% |
620,918
-167
| -0% | -$8.14K |
|
|
ECHO
1535
EchoStar
ECHO
$25.6B
| $32.1M | ﹤0.01% |
770,769
+48,232
| +7% | +$1.92M |
|
1536
Century Aluminum
CENX
$5.18B
| $32.1M | ﹤0.01% |
3,747,028
+2,736,588
| +271% | +$23.4M |
|
1537
IMAX
IMAX
$2.77B
| $32.1M | ﹤0.01% |
1,021,237
+42,913
| +4% | +$1.34M |
|
1538
Enpro
NPO
$7.12B
| $32.1M | ﹤0.01% |
475,962
+36,840
| +8% | +$2.21M |
|
|
BBT
1539
Beacon Financial Corp
BBT
$2.66B
| $32.1M | ﹤0.01% |
869,903
+199,795
| +30% | +$6.43M |
|
|
MDC
1540
DELISTED
M.D.C. Holdings, Inc.
MDC
| $32M | ﹤0.01% |
1,571,396
-246,154
| -14% | -$4.59M |
|
|
NVRO
1541
DELISTED
NEVRO CORP.
NVRO
| $32M | ﹤0.01% |
439,751
+22,852
| +5% | +$1.96M |
|
|
1542
HEICO Corp Class A
HEI.A
$37B
| $31.9M | ﹤0.01% |
1,148,647
+42,580
| +4% | +$1.11M |
|
|
ATW
1543
DELISTED
Atwood Oceanics
ATW
| $31.8M | ﹤0.01% |
2,423,373
-46,600
| -2% | -$458K |
|
|
DCH
1544
Dauch Corp
DCH
$1.64B
| $31.8M | ﹤0.01% |
1,648,331
+114,333
| +7% | +$1.94M |
|
1545
Merit Medical Systems
MMSI
$5.44B
| $31.7M | ﹤0.01% |
1,197,903
+76,795
| +7% | +$1.85M |
|
1546
Hanmi Financial
HAFC
$948M
| $31.7M | ﹤0.01% |
908,954
+151,820
| +20% | +$4.43M |
|
|
NXTM
1547
DELISTED
NxStage Medical Inc.
NXTM
| $31.7M | ﹤0.01% |
1,208,700
+26,359
| +2% | +$652K |
|
1548
McEwen Inc
MUX
$1.17B
| $31.4M | ﹤0.01% |
1,079,840
+255,342
| +31% | +$7.9M |
|
1549
Mercury Systems
MRCY
$6.55B
| $31.2M | ﹤0.01% |
1,033,362
+159,032
| +18% | +$4.52M |
|
|
HAPN
1550
Happen Inc
HAPN
$2.22B
| $31.2M | ﹤0.01% |
1,189,046
+42,184
| +4% | +$1.16M |
|
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.