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 | |
|---|---|---|---|---|---|---|
2101
Middlesex Water
MSEX
$1.11B
| $14.1M | ﹤0.01% |
327,202
+17,300
| +6% | +$663K |
|
|
TMHC
2102
DELISTED
Taylor Morrison
TMHC
| $14M | ﹤0.01% |
727,994
-24,154
| -3% | -$453K |
|
2103
Globant
GLOB
$1.77B
| $14M | ﹤0.01% |
419,504
+23,012
| +6% | +$901K |
|
2104
Caesarstone
CSTE
$105M
| $13.9M | ﹤0.01% |
486,390
+32,943
| +7% | +$1.05M |
|
|
WWE
2105
DELISTED
World Wrestling Entertainment
WWE
| $13.9M | ﹤0.01% |
756,551
+54,238
| +8% | +$1.03M |
|
2106
Kadant
KAI
$3.91B
| $13.9M | ﹤0.01% |
227,507
+4,999
| +2% | +$288K |
|
|
NXGN
2107
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $13.9M | ﹤0.01% |
1,056,774
+75,948
| +8% | +$973K |
|
2108
TriCo Bancshares
TCBK
$1.86B
| $13.8M | ﹤0.01% |
404,816
+28,493
| +8% | +$847K |
|
|
ANAT
2109
DELISTED
American National Group, Inc. Common Stock
ANAT
| $13.8M | ﹤0.01% |
110,849
+3,342
| +3% | +$408K |
|
|
AES.PRC.CL
2110
DELISTED
AES Corporation Class C Preferred
AES.PRC.CL
| $13.8M | ﹤0.01% |
+275,823
| New | +$13.9M |
|
2111
German American Bancorp
GABC
$1.92B
| $13.8M | ﹤0.01% |
392,840
+47,061
| +14% | +$1.42M |
|
2112
Liberty Media Series A
FWONA
$23.7B
| $13.7M | ﹤0.01% |
458,107
+4,930
| +1% | +$141K |
|
2113
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.44B
| $13.7M | ﹤0.01% |
724,008
+72,703
| +11% | +$1.5M |
|
|
DPLO
2114
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $13.7M | ﹤0.01% |
1,089,708
+140,743
| +15% | +$2.62M |
|
|
TTSH
2115
DELISTED
Tile Shop Holdings
TTSH
| $13.7M | ﹤0.01% |
701,915
+52,928
| +8% | +$987K |
|
2116
Manitowoc
MTW
$753M
| $13.7M | ﹤0.01% |
572,937
+31,714
| +6% | +$654K |
|
2117
HealthStream
HSTM
$849M
| $13.7M | ﹤0.01% |
546,636
+47,133
| +9% | +$1.21M |
|
2118
StoneX
SNEX
$8.05B
| $13.7M | ﹤0.01% |
1,750,962
+144,555
| +9% | +$1.12M |
|
2119
Scorpio Tankers
STNG
$3.93B
| $13.7M | ﹤0.01% |
302,199
+14,252
| +5% | +$615K |
|
2120
Nordic American Tanker
NAT
$1.4B
| $13.6M | ﹤0.01% |
1,637,238
+178,885
| +12% | +$1.59M |
|
2121
Center Bancorp
CNOB
$1.81B
| $13.6M | ﹤0.01% |
525,570
+74,454
| +17% | +$1.61M |
|
2122
Fox Factory Holding Corp
FOXF
$886M
| $13.6M | ﹤0.01% |
491,424
+58,498
| +14% | +$1.4M |
|
2123
1st Source
SRCE
$2.13B
| $13.6M | ﹤0.01% |
304,281
+27,935
| +10% | +$1.08M |
|
|
LBAI
2124
DELISTED
Lakeland Bancorp Inc
LBAI
| $13.6M | ﹤0.01% |
696,912
+64,465
| +10% | +$1.05M |
|
2125
Gray Television
GTN
$520M
| $13.5M | ﹤0.01% |
1,246,593
+8,977
| +0.7% | +$88.1K |
|
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.