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 | |
|---|---|---|---|---|---|---|
|
BSFT
1801
DELISTED
BroadSoft, Inc.
BSFT
| $22M | ﹤0.01% |
534,017
+24,877
| +5% | +$1.06M |
|
1802
Lexicon Pharmaceuticals
LXRX
$1.08B
| $22M | ﹤0.01% |
1,591,365
+233,371
| +17% | +$3.74M |
|
1803
ATN International
ATNI
$482M
| $22M | ﹤0.01% |
274,645
+36,765
| +15% | +$2.62M |
|
1804
Green Dot
GDOT
$764M
| $22M | ﹤0.01% |
933,199
+77,480
| +9% | +$1.81M |
|
|
INFN
1805
DELISTED
Infinera Corporation Common Stock
INFN
| $22M | ﹤0.01% |
2,586,445
+192,667
| +8% | +$1.65M |
|
|
WELL.PRI
1806
DELISTED
Welltower Inc.
WELL.PRI
| $21.9M | ﹤0.01% |
+365,438
| New | +$22.1M |
|
1807
Groupon
GRPN
$889M
| $21.9M | ﹤0.01% |
329,667
+19,309
| +6% | +$1.62M |
|
1808
Lakeland Financial Corp
LKFN
$1.54B
| $21.8M | ﹤0.01% |
460,962
+37,472
| +9% | +$1.53M |
|
|
MACK
1809
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $21.8M | ﹤0.01% |
679,915
+96,170
| +16% | +$4.1M |
|
1810
TransUnion
TRU
$15.4B
| $21.8M | ﹤0.01% |
705,272
-117,168
| -14% | -$3.68M |
|
|
EPAY
1811
DELISTED
Bottomline Technologies Inc
EPAY
| $21.7M | ﹤0.01% |
867,561
+71,137
| +9% | +$1.69M |
|
|
TARO
1812
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $21.7M | ﹤0.01% |
206,012
+6,933
| +3% | +$726K |
|
1813
Hyatt Hotels
H
$16.3B
| $21.7M | ﹤0.01% |
391,821
+85,196
| +28% | +$4.5M |
|
1814
Koppers
KOP
$870M
| $21.6M | ﹤0.01% |
535,883
+23,884
| +5% | +$877K |
|
|
BGC
1815
DELISTED
General Cable Corporation
BGC
| $21.6M | ﹤0.01% |
1,131,835
+70,615
| +7% | +$1.19M |
|
1816
Lattice Semiconductor
LSCC
$17.9B
| $21.5M | ﹤0.01% |
2,924,894
+451,436
| +18% | +$3.14M |
|
1817
Kosmos Energy
KOS
$1.52B
| $21.5M | ﹤0.01% |
3,070,921
+93,639
| +3% | +$533K |
|
|
AYR
1818
DELISTED
Aircastle Ltd
AYR
| $21.5M | ﹤0.01% |
1,031,190
+77,176
| +8% | +$1.63M |
|
1819
Alaunos Therapeutics
TCRT
$4.81M
| $21.5M | ﹤0.01% |
26,776
-5,127
| -16% | -$4.62M |
|
|
TPC
1820
Tutor Perini Cor
TPC
$5.13B
| $21.4M | ﹤0.01% |
766,066
+26,220
| +4% | +$635K |
|
1821
Liberty Broadband Class A
LBRDA
$5.33B
| $21.3M | ﹤0.01% |
294,493
-6,864
| -2% | -$471K |
|
1822
Metallus
MTUS
$900M
| $21.3M | ﹤0.01% |
1,374,429
+593,433
| +76% | +$7.95M |
|
|
SHLM
1823
DELISTED
Schulman (A.) Inc
SHLM
| $21.2M | ﹤0.01% |
634,835
+48,740
| +8% | +$1.54M |
|
|
MTSC
1824
DELISTED
MTS Systems Corp
MTSC
| $21.2M | ﹤0.01% |
373,309
+23,479
| +7% | +$1.19M |
|
|
ACHN
1825
DELISTED
Achillion Pharmaceuticals
ACHN
| $21.2M | ﹤0.01% |
5,121,160
+1,465,723
| +40% | +$7.79M |
|
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.