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 | |
|---|---|---|---|---|---|---|
2301
TTEC Holdings
TTEC
$77.4M
| $11.7M | ﹤0.01% |
381,758
+9,698
| +3% | +$360K |
|
2302
Barrett Business Services
BBSI
$756M
| $11.7M | ﹤0.01% |
564,060
+9,032
| +2% | +$164K |
|
|
SNCR
2303
DELISTED
Synchronoss Technologies
SNCR
| $11.7M | ﹤0.01% |
122,766
+2,224
| +2% | +$182K |
|
|
PFC
2304
DELISTED
Premier Financial Corp. Common Stock
PFC
| $11.6M | ﹤0.01% |
405,742
-3,898
| -1% | -$107K |
|
2305
Great Southern Bancorp
GSBC
$877M
| $11.6M | ﹤0.01% |
232,680
-16,463
| -7% | -$835K |
|
2306
Mercantile Bank Corp
MBWM
$1.06B
| $11.5M | ﹤0.01% |
346,245
+14,760
| +4% | +$517K |
|
|
LORL
2307
DELISTED
Loral Space and Communications, Inc.
LORL
| $11.4M | ﹤0.01% |
275,052
-7,967
| -3% | -$363K |
|
2308
QuinStreet
QNST
$1.19B
| $11.4M | ﹤0.01% |
896,110
+48,592
| +6% | +$569K |
|
2309
Tactile Systems Technology
TCMD
$555M
| $11.4M | ﹤0.01% |
359,694
+11,689
| +3% | +$361K |
|
|
KG
2310
Kestrel Group
KG
$66.3M
| $11.4M | ﹤0.01% |
87,360
-6,217
| -7% | -$863K |
|
2311
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $11.3M | ﹤0.01% |
202,122
| – | – |
|
2312
Beazer Homes USA
BZH
$874M
| $11.3M | ﹤0.01% |
707,763
+115,261
| +19% | +$2.04M |
|
2313
QCR Holdings
QCRH
$1.73B
| $11.2M | ﹤0.01% |
250,179
+25,083
| +11% | +$1.12M |
|
2314
Zumiez
ZUMZ
$318M
| $11.2M | ﹤0.01% |
468,282
+9,509
| +2% | +$203K |
|
2315
Central Garden & Pet Co
CENT
$2.79B
| $11.2M | ﹤0.01% |
325,198
+8,075
| +3% | +$255K |
|
|
VRTV
2316
DELISTED
VERITIV CORPORATION
VRTV
| $11.1M | ﹤0.01% |
284,202
+19,994
| +8% | +$607K |
|
2317
First Financial Corp
THFF
$970M
| $11.1M | ﹤0.01% |
267,760
-21,122
| -7% | -$948K |
|
2318
Marcus & Millichap
MMI
$1.18B
| $11.1M | ﹤0.01% |
307,592
+345
| +0.1% | +$11.3K |
|
|
REVG
2319
DELISTED
REV Group
REVG
| $11.1M | ﹤0.01% |
532,957
+157,037
| +42% | +$4.26M |
|
|
HTBK
2320
DELISTED
Heritage Commerce
HTBK
| $11M | ﹤0.01% |
668,124
+9,813
| +1% | +$159K |
|
2321
Workiva
WK
$3.7B
| $11M | ﹤0.01% |
463,816
+5,187
| +1% | +$119K |
|
2322
Biglari Holdings Class B
BH
$1.23B
| $11M | ﹤0.01% |
40,355
-138
| -0.3% | -$38.2K |
|
|
DYNC
2323
DELISTED
Vistra Energy Corp.
DYNC
| $10.9M | ﹤0.01% |
126,600
+6,600
| +6% | +$544K |
|
2324
TFS Financial
TFSL
$4.89B
| $10.9M | ﹤0.01% |
740,420
-62,146
| -8% | -$931K |
|
|
EOCC
2325
DELISTED
Enel Generacion Chile S.A.
EOCC
| $10.8M | ﹤0.01% |
455,749
+16,136
| +4% | +$451K |
|
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.