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 |
Alibaba
BABA
|
+$221M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$202M |
| 3 |
Nektar Therapeutics
NKTR
|
+$202M |
| 4 |
J.M. Smucker
SJM
|
+$151M |
| 5 |
C.H. Robinson
CHRW
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.99B |
| 2 |
Microsoft
MSFT
|
+$1.35B |
| 3 |
JPMorgan Chase
JPM
|
+$1.2B |
| 4 |
Amazon
AMZN
|
+$1.11B |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$809M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.61% |
| 2 | Technology | 15.1% |
| 3 | Healthcare | 12.77% |
| 4 | Industrials | 12.22% |
| 5 | Consumer Discretionary | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EBSB
1976
DELISTED
Meridian Bancorp, Inc.
EBSB
| $21M | ﹤0.01% |
1,043,480
-29,049
| -3% | -$597K |
|
|
KERX
1977
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $21M | ﹤0.01% |
5,128,223
-672,996
| -12% | -$3.13M |
|
1978
Dr. Reddy's Laboratories
RDY
$10.3B
| $21M | ﹤0.01% |
3,207,715
-6,225
| -0.2% | -$43.6K |
|
1979
MACOM Technology Solutions
MTSI
$23.7B
| $21M | ﹤0.01% |
1,262,746
+147,067
| +13% | +$3.79M |
|
1980
Shake Shack
SHAK
$2.94B
| $21M | ﹤0.01% |
503,391
+19,123
| +4% | +$795K |
|
|
RDFN
1981
DELISTED
Redfin
RDFN
| $20.9M | ﹤0.01% |
917,300
+765,148
| +503% | +$17.6M |
|
|
CNSL
1982
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $20.9M | ﹤0.01% |
1,909,358
+221,428
| +13% | +$2.66M |
|
1983
James River Group Holdings
JRVR
$199M
| $20.9M | ﹤0.01% |
588,975
+107,117
| +22% | +$3.9M |
|
1984
Theravance Biopharma
TBPH
$878M
| $20.9M | ﹤0.01% |
861,451
-21,645
| -2% | -$594K |
|
1985
Interparfums
IPAR
$3.78B
| $20.9M | ﹤0.01% |
442,910
-1,059
| -0.2% | -$48K |
|
1986
Veeco
VECO
$3.26B
| $20.9M | ﹤0.01% |
1,227,117
+57,556
| +5% | +$1M |
|
1987
Coca-Cola Consolidated
COKE
$12.6B
| $20.8M | ﹤0.01% |
1,204,130
-1,140
| -0.1% | -$21.8K |
|
1988
National Beverage
FIZZ
$2.9B
| $20.8M | ﹤0.01% |
466,938
-11,342
| -2% | -$558K |
|
|
DENN
1989
DELISTED
Denny's
DENN
| $20.7M | ﹤0.01% |
1,344,405
-75,780
| -5% | -$1.14M |
|
1990
Nelnet
NNI
$4.52B
| $20.7M | ﹤0.01% |
395,675
-18,012
| -4% | -$955K |
|
|
AEGN
1991
DELISTED
Aegion Corp
AEGN
| $20.7M | ﹤0.01% |
904,482
-183,939
| -17% | -$4.44M |
|
|
CARO
1992
DELISTED
Carolina Financial Corp.
CARO
| $20.5M | ﹤0.01% |
522,304
+42,794
| +9% | +$1.69M |
|
|
TRST
1993
Trustco Bank Corp NY
TRST
$963M
| $20.4M | ﹤0.01% |
483,160
-101
| -0% | -$4.43K |
|
1994
Modine Manufacturing
MOD
$10.6B
| $20.4M | ﹤0.01% |
964,193
-12,792
| -1% | -$291K |
|
1995
Kadant
KAI
$3.94B
| $20.4M | ﹤0.01% |
215,618
-5,968
| -3% | -$586K |
|
|
EGL
1996
DELISTED
Engility Holdings, Inc.
EGL
| $20.4M | ﹤0.01% |
834,242
+53,353
| +7% | +$1.4M |
|
1997
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $20.3M | ﹤0.01% |
222,866
-10,177
| -4% | -$951K |
|
|
EXPR
1998
DELISTED
Express, Inc.
EXPR
| $20.3M | ﹤0.01% |
141,587
+4,950
| +4% | +$730K |
|
|
CUTR
1999
DELISTED
Cutera, Inc.
CUTR
| $20.2M | ﹤0.01% |
402,449
+31,072
| +8% | +$1.52M |
|
2000
United Parks & Resorts
PRKS
$2.01B
| $20.2M | ﹤0.01% |
1,361,189
-11,045
| -0.8% | -$162K |
|
Similar funds
State Street's Q1 2018 Portfolio in Review
As of Q1 2018, State Street held 3,862 positions worth $1.18T, down 5.3% from $1.24T the previous quarter. Its ten largest holdings account for 16% of the portfolio.
State Street withdrew a net $51.4B in Q1 2018, closing 107 positions and reducing 1,768 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $312M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
Against the trend, State Street opened a new position in VICI Properties worth $83.8M.
- State Street's largest Q1 2018 buy was VICI Properties: 4,575,237 shares worth $83.8M.
- State Street added most to Alibaba in Q1 2018, an estimated $221M increase.
- State Street's biggest Q1 2018 reduction was Apple, cutting an estimated $1.99B.
- State Street fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $312M.
- State Street's ten largest holdings make up 16% of its $1.18T portfolio in Q1 2018.
- State Street opened 131 new positions and closed 107 in Q1 2018.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.18T.
Based on State Street's 13F filing for Q1 2018, filed 15 May 2018.