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 | |
|---|---|---|---|---|---|---|
|
DCOM
2051
DELISTED
Dime Community Bancshares
DCOM
| $15.2M | ﹤0.01% |
758,556
+117,030
| +18% | +$2.12M |
|
2052
Alamo Group
ALG
$1.99B
| $15.2M | ﹤0.01% |
200,130
+17,223
| +9% | +$1.21M |
|
|
ALR.PRB
2053
DELISTED
Alere Inc
ALR.PRB
| $15.2M | ﹤0.01% |
+47,065
| New | +$15.5M |
|
2054
Community Trust Bancorp
CTBI
$1.44B
| $15.2M | ﹤0.01% |
305,572
+34,368
| +13% | +$1.41M |
|
2055
GoPro
GPRO
$117M
| $15.1M | ﹤0.01% |
1,738,421
+84,601
| +5% | +$971K |
|
2056
Photronics
PLAB
$1.97B
| $15.1M | ﹤0.01% |
1,339,277
+48,339
| +4% | +$507K |
|
2057
Modine Manufacturing
MOD
$10.8B
| $15.1M | ﹤0.01% |
1,012,362
+40,946
| +4% | +$513K |
|
2058
iShares Intermediate Government/Credit Bond ETF
GVI
$3.8B
| $15.1M | ﹤0.01% |
+137,022
| New | +$15.2M |
|
2059
Quanex
NX
$981M
| $15M | ﹤0.01% |
739,835
+56,039
| +8% | +$1.04M |
|
2060
Herc Holdings
HRI
$5.64B
| $15M | ﹤0.01% |
372,989
-10,863
| -3% | -$392K |
|
2061
Heritage Financial
HFWA
$1.23B
| $14.8M | ﹤0.01% |
576,051
+73,531
| +15% | +$1.57M |
|
2062
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.61B
| $14.8M | ﹤0.01% |
+858,294
| New | +$15.1M |
|
2063
Encore Capital Group
ECPG
$2.15B
| $14.8M | ﹤0.01% |
516,236
+35,128
| +7% | +$860K |
|
|
MSFG
2064
DELISTED
MainSource Financial Group Inc
MSFG
| $14.8M | ﹤0.01% |
429,782
+23,189
| +6% | +$668K |
|
2065
MYR Group
MYRG
$5.1B
| $14.7M | ﹤0.01% |
391,327
+5,634
| +1% | +$194K |
|
2066
Perdoceo Education
PRDO
$1.99B
| $14.7M | ﹤0.01% |
1,460,311
+103,996
| +8% | +$907K |
|
2067
Babcock & Wilcox
BW
$1.39B
| $14.7M | ﹤0.01% |
88,709
+3,379
| +4% | +$539K |
|
2068
Cass Information Systems
CASS
$750M
| $14.7M | ﹤0.01% |
263,600
+21,604
| +9% | +$1.04M |
|
|
ITCI
2069
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $14.7M | ﹤0.01% |
972,868
+148,745
| +18% | +$2.1M |
|
|
ITG
2070
DELISTED
Investment Technology Group Inc
ITG
| $14.7M | ﹤0.01% |
742,652
+21,276
| +3% | +$385K |
|
2071
Virtus Investment Partners
VRTS
$1.14B
| $14.6M | ﹤0.01% |
123,883
+1,320
| +1% | +$144K |
|
2072
Kelly Services Class A
KELYA
$566M
| $14.6M | ﹤0.01% |
637,504
+54,330
| +9% | +$1.11M |
|
2073
Ingles Markets
IMKTA
$1.68B
| $14.6M | ﹤0.01% |
303,597
+3,471
| +1% | +$155K |
|
2074
Donnelley Financial Solutions
DFIN
$1.22B
| $14.6M | ﹤0.01% |
+633,351
| New | +$13.4M |
|
2075
PetMed Express
PETS
$43.4M
| $14.5M | ﹤0.01% |
629,804
+35,923
| +6% | +$770K |
|
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.