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 | |
|---|---|---|---|---|---|---|
|
UCTT
2051
Ultra Clean Holdings
UCTT
$4.1B
| $18.7M | ﹤0.01% |
973,826
+315,780
| +48% | +$6.66M |
|
2052
Axcelis
ACLS
$4.39B
| $18.7M | ﹤0.01% |
759,931
+35,411
| +5% | +$930K |
|
|
MCHB
2053
Mechanics Bancorp
MCHB
$3.8B
| $18.6M | ﹤0.01% |
648,280
-26,767
| -4% | -$796K |
|
2054
Tootsie Roll Industries
TR
$3.05B
| $18.5M | ﹤0.01% |
797,276
-48,268
| -6% | -$1.25M |
|
2055
Amphastar Pharmaceuticals
AMPH
$850M
| $18.5M | ﹤0.01% |
987,884
+13,705
| +1% | +$258K |
|
|
CIVI
2056
DELISTED
Civitas Resources
CIVI
| $18.5M | ﹤0.01% |
666,877
+305,872
| +85% | +$8.42M |
|
2057
Live Oak Bancshares
LOB
$1.98B
| $18.4M | ﹤0.01% |
662,744
+116,320
| +21% | +$3.07M |
|
2058
Arrowhead Research
ARWR
$12.3B
| $18.4M | ﹤0.01% |
2,553,431
+2,441,760
| +2,187% | +$15M |
|
|
FIT
2059
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $18.3M | ﹤0.01% |
3,597,604
-234,406
| -6% | -$1.25M |
|
|
ADAM
2060
Adamas Trust
ADAM
$913M
| $18.3M | ﹤0.01% |
772,584
+168,933
| +28% | +$3.96M |
|
|
NXGN
2061
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $18.3M | ﹤0.01% |
1,340,457
+57,415
| +4% | +$756K |
|
|
RVNC
2062
DELISTED
Revance Therapeutics, Inc.
RVNC
| $18.3M | ﹤0.01% |
592,910
+131,550
| +29% | +$4.23M |
|
2063
StoneX
SNEX
$8.37B
| $18.2M | ﹤0.01% |
2,154,428
+121,485
| +6% | +$1.02M |
|
2064
Manitowoc
MTW
$727M
| $18.1M | ﹤0.01% |
637,501
-2,443
| -0.4% | -$83.8K |
|
|
UBNK
2065
DELISTED
United Financial Bancorp, Inc.
UBNK
| $18.1M | ﹤0.01% |
1,118,777
-101,836
| -8% | -$1.69M |
|
|
TELL
2066
DELISTED
Tellurian Inc.
TELL
| $18.1M | ﹤0.01% |
2,511,062
+1,015,756
| +68% | +$9.76M |
|
2067
ATN International
ATNI
$478M
| $18.1M | ﹤0.01% |
303,421
+3,282
| +1% | +$193K |
|
2068
Advanced Drainage Systems
WMS
$10.6B
| $18.1M | ﹤0.01% |
698,615
+7,302
| +1% | +$185K |
|
|
GMS
2069
DELISTED
GMS Inc
GMS
| $18M | ﹤0.01% |
590,422
+88,372
| +18% | +$3M |
|
2070
St. Joe Company
JOE
$3.87B
| $18M | ﹤0.01% |
956,085
-51,747
| -5% | -$959K |
|
2071
SandRidge Energy
SD
$529M
| $18M | ﹤0.01% |
1,240,282
+386,146
| +45% | +$6.52M |
|
2072
Stratasys
SSYS
$767M
| $18M | ﹤0.01% |
891,641
-6,531
| -0.7% | -$140K |
|
|
UBA
2073
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $18M | ﹤0.01% |
931,669
+15,950
| +2% | +$304K |
|
|
ITG
2074
DELISTED
Investment Technology Group Inc
ITG
| $18M | ﹤0.01% |
909,927
+8,964
| +1% | +$182K |
|
|
HIBB
2075
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $18M | ﹤0.01% |
749,455
-156,612
| -17% | -$3.72M |
|
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.