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 | |
|---|---|---|---|---|---|---|
|
ARI
1701
Apollo Commercial Real Estate
ARI
$862M
| $25.4M | ﹤0.01% |
1,529,156
-50,149
| -3% | -$842K |
|
|
AVXS
1702
DELISTED
AveXis, Inc. Common Stock
AVXS
| $25.4M | ﹤0.01% |
532,312
+458,295
| +619% | +$24.5M |
|
1703
Veeco
VECO
$3.07B
| $25.4M | ﹤0.01% |
871,543
+78,545
| +10% | +$1.96M |
|
1704
Enviri
NVRI
$566M
| $25.3M | ﹤0.01% |
1,863,400
+148,093
| +9% | +$1.78M |
|
|
CVA
1705
DELISTED
Covanta Holding Corporation
CVA
| $25.3M | ﹤0.01% |
1,619,978
-7,312
| -0.4% | -$109K |
|
|
ENV
1706
DELISTED
ENVESTNET, INC.
ENV
| $25.2M | ﹤0.01% |
715,452
+26,079
| +4% | +$936K |
|
1707
RPC Inc
RES
$1.4B
| $25.2M | ﹤0.01% |
1,272,632
+64,684
| +5% | +$1.21M |
|
|
ABCO
1708
DELISTED
Advisory Board Co
ABCO
| $25.2M | ﹤0.01% |
757,366
+43
| +0% | +$1.59K |
|
1709
Materion
MTRN
$5.85B
| $25.2M | ﹤0.01% |
635,624
-50,228
| -7% | -$1.77M |
|
1710
Novavax
NVAX
$1.31B
| $25.2M | ﹤0.01% |
998,552
+497,374
| +99% | +$14.5M |
|
1711
Southside Bancshares
SBSI
$965M
| $25.1M | ﹤0.01% |
682,288
+110,348
| +19% | +$3.81M |
|
|
BEL
1712
DELISTED
Belmond Ltd.
BEL
| $25.1M | ﹤0.01% |
1,876,597
+35,932
| +2% | +$462K |
|
|
SDRL
1713
DELISTED
Seadrill Limited Common Stock
SDRL
| $25.1M | ﹤0.01% |
27,434
+1,619
| +6% | +$1.18M |
|
|
XXIA
1714
DELISTED
Ixia
XXIA
| $25M | ﹤0.01% |
1,550,179
+93,782
| +6% | +$1.3M |
|
|
PRAH
1715
DELISTED
PRA Health Sciences, Inc.
PRAH
| $24.8M | ﹤0.01% |
449,372
+27,107
| +6% | +$1.49M |
|
1716
Inogen
INGN
$157M
| $24.8M | ﹤0.01% |
368,763
+19,891
| +6% | +$1.23M |
|
1717
The Ensign Group
ENSG
$10.5B
| $24.8M | ﹤0.01% |
1,191,662
+65,713
| +6% | +$1.28M |
|
1718
Tootsie Roll Industries
TR
$2.97B
| $24.7M | ﹤0.01% |
835,620
+26,992
| +3% | +$752K |
|
1719
WSFS Financial
WSFS
$4.14B
| $24.6M | ﹤0.01% |
531,466
+30,036
| +6% | +$1.21M |
|
1720
REX American Resources
REX
$1.43B
| $24.6M | ﹤0.01% |
1,494,624
+343,446
| +30% | +$5.1M |
|
1721
Global Net Lease
GNL
$1.91B
| $24.6M | ﹤0.01% |
1,047,230
+119,904
| +13% | +$2.74M |
|
1722
Scansource
SCSC
$1.05B
| $24.6M | ﹤0.01% |
609,459
+41,959
| +7% | +$1.56M |
|
1723
Federal Signal
FSS
$7.86B
| $24.5M | ﹤0.01% |
1,571,764
+87,609
| +6% | +$1.26M |
|
|
KNL
1724
DELISTED
Knoll, Inc.
KNL
| $24.5M | ﹤0.01% |
876,756
+41,995
| +5% | +$1.03M |
|
1725
Team
TISI
$104M
| $24.4M | ﹤0.01% |
62,111
+5,175
| +9% | +$1.78M |
|
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.