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 | |
|---|---|---|---|---|---|---|
1976
Artisan Partners
APAM
$3.03B
| $17.2M | ﹤0.01% |
576,704
+29,226
| +5% | +$833K |
|
1977
MacroGenics
MGNX
$259M
| $17.2M | ﹤0.01% |
839,491
+8,661
| +1% | +$218K |
|
|
IQNT
1978
DELISTED
Inteliquent, Inc.
IQNT
| $17.1M | ﹤0.01% |
748,067
+57,101
| +8% | +$1.18M |
|
|
AIMC
1979
DELISTED
Altra Industrial Motion Corp
AIMC
| $17.1M | ﹤0.01% |
464,225
+15,826
| +4% | +$526K |
|
|
LHCG
1980
DELISTED
LHC Group LLC
LHCG
| $17.1M | ﹤0.01% |
373,936
+26,915
| +8% | +$1.09M |
|
1981
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.81B
| $17.1M | ﹤0.01% |
616,994
+117,808
| +24% | +$3.24M |
|
|
FRGI
1982
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $17.1M | ﹤0.01% |
571,900
+55,145
| +11% | +$1.53M |
|
|
ARR
1983
Armour Residential REIT
ARR
$2.37B
| $17.1M | ﹤0.01% |
157,425
+3,421
| +2% | +$380K |
|
|
ATSG
1984
DELISTED
Air Transport Services Group
ATSG
| $17M | ﹤0.01% |
1,065,220
+68,285
| +7% | +$1.05M |
|
1985
Ultrapar
UGP
$6.55B
| $17M | ﹤0.01% |
1,638,508
+50,104
| +3% | +$527K |
|
1986
Matrix Service
MTRX
$328M
| $17M | ﹤0.01% |
747,989
+60,527
| +9% | +$1.2M |
|
|
KERX
1987
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $17M | ﹤0.01% |
2,896,746
-665,039
| -19% | -$3.63M |
|
1988
Resources Connection
RGP
$145M
| $16.9M | ﹤0.01% |
879,251
-57,311
| -6% | -$918K |
|
1989
Argan
AGX
$7.84B
| $16.9M | ﹤0.01% |
239,699
+12,424
| +5% | +$775K |
|
1990
SAP
SAP
$242B
| $16.9M | ﹤0.01% |
195,109
+18,256
| +10% | +$1.57M |
|
|
WEB
1991
DELISTED
Web.com Group, Inc.
WEB
| $16.9M | ﹤0.01% |
796,920
+52,924
| +7% | +$897K |
|
|
HAYN
1992
DELISTED
Haynes International, Inc.
HAYN
| $16.8M | ﹤0.01% |
390,918
-57,351
| -13% | -$2.27M |
|
|
GTY
1993
Getty Realty Corp
GTY
$2.05B
| $16.8M | ﹤0.01% |
659,073
+57,109
| +9% | +$1.34M |
|
|
CBPX
1994
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $16.7M | ﹤0.01% |
725,054
+31,227
| +5% | +$677K |
|
|
SNR
1995
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $16.7M | ﹤0.01% |
1,705,910
+113,282
| +7% | +$1.14M |
|
|
DEA
1996
Easterly Government Properties
DEA
$1.18B
| $16.7M | ﹤0.01% |
333,544
+17,194
| +5% | +$821K |
|
|
LKSD
1997
DELISTED
LSC Communications, Inc.
LKSD
| $16.7M | ﹤0.01% |
+561,238
| New | +$13.3M |
|
1998
Independence Realty Trust
IRT
$4.01B
| $16.5M | ﹤0.01% |
1,851,044
+526,231
| +40% | +$4.55M |
|
1999
Helios Technologies
HLIO
$2.67B
| $16.4M | ﹤0.01% |
410,237
+30,367
| +8% | +$1.09M |
|
2000
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$590M
| $16.3M | ﹤0.01% |
+613,062
| New | +$15.5M |
|
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.