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 | |
|---|---|---|---|---|---|---|
|
CIR
1751
DELISTED
CIRCOR International, Inc
CIR
| $23.7M | ﹤0.01% |
365,263
+37,098
| +11% | +$2.21M |
|
|
CBF
1752
DELISTED
Capital Bank Financial Corp. Class A Common Stock
CBF
| $23.6M | ﹤0.01% |
602,285
+147,865
| +33% | +$5.18M |
|
|
MSGN
1753
DELISTED
MSG Networks Inc.
MSGN
| $23.6M | ﹤0.01% |
1,099,300
+76,986
| +8% | +$1.53M |
|
|
BGG
1754
DELISTED
Briggs & Stratton Corp.
BGG
| $23.6M | ﹤0.01% |
1,061,080
+185,887
| +21% | +$3.79M |
|
1755
Patrick Industries
PATK
$2.81B
| $23.5M | ﹤0.01% |
693,506
+48,123
| +7% | +$1.42M |
|
|
SWNC
1756
DELISTED
Southwestern Energy Company
SWNC
| $23.5M | ﹤0.01% |
+922,500
| New | +$25.2M |
|
1757
United Fire Group
UFCS
$1.39B
| $23.5M | ﹤0.01% |
477,548
+32,180
| +7% | +$1.43M |
|
|
UNVR
1758
DELISTED
Univar Solutions Inc.
UNVR
| $23.5M | ﹤0.01% |
827,696
+36,559
| +5% | +$883K |
|
|
NGHC
1759
DELISTED
National General Holdings Corp
NGHC
| $23.5M | ﹤0.01% |
939,099
+38,307
| +4% | +$869K |
|
|
NFBK
1760
DELISTED
Northfield Bancorp
NFBK
| $23.4M | ﹤0.01% |
1,172,266
+121,685
| +12% | +$2.18M |
|
|
RWT
1761
Redwood Trust
RWT
$588M
| $23.4M | ﹤0.01% |
1,537,847
+75,049
| +5% | +$1.1M |
|
|
GXP.PRB.CL
1762
DELISTED
Great Plains Energy Incorporated
GXP.PRB.CL
| $23.3M | ﹤0.01% |
+461,000
| New | +$23.5M |
|
|
MAGN
1763
Magnera Corp
MAGN
$444M
| $23.2M | ﹤0.01% |
74,786
+7,927
| +12% | +$2.29M |
|
1764
Cavco Industries
CVCO
$4.57B
| $23.2M | ﹤0.01% |
231,936
-16,450
| -7% | -$1.58M |
|
|
MNDT
1765
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $23.1M | ﹤0.01% |
1,941,497
+38,655
| +2% | +$501K |
|
|
PMT
1766
PennyMac Mortgage Investment
PMT
$824M
| $23.1M | ﹤0.01% |
1,410,380
+38,074
| +3% | +$603K |
|
|
PEGI
1767
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $23.1M | ﹤0.01% |
1,215,783
+79,750
| +7% | +$1.64M |
|
|
NRE
1768
DELISTED
NorthStar Realty Europe Corp.
NRE
| $23.1M | ﹤0.01% |
1,835,507
+753,144
| +70% | +$8.26M |
|
1769
Badger Meter
BMI
$3.93B
| $23.1M | ﹤0.01% |
624,140
+50,890
| +9% | +$1.78M |
|
1770
Dillards
DDS
$10.1B
| $23M | ﹤0.01% |
366,200
-32,085
| -8% | -$2.11M |
|
1771
Super Micro Computer
SMCI
$20.4B
| $23M | ﹤0.01% |
8,182,900
+540,760
| +7% | +$1.36M |
|
|
ECOL
1772
DELISTED
US Ecology, Inc.
ECOL
| $22.9M | ﹤0.01% |
466,291
+28,551
| +7% | +$1.29M |
|
1773
Vanguard FTSE All-World ex-US ETF
VEU
$70B
| $22.9M | ﹤0.01% |
518,653
+177,927
| +52% | +$7.89M |
|
1774
CEMIG Preferred Shares
CIG
$5.64B
| $22.9M | ﹤0.01% |
19,710,977
+245,204
| +1% | +$311K |
|
1775
Installed Building Products
IBP
$6.63B
| $22.9M | ﹤0.01% |
553,951
-66,606
| -11% | -$2.54M |
|
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.