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 | |
|---|---|---|---|---|---|---|
2401
Natural Gas Services Group
NGS
$471M
| $7.84M | ﹤0.01% |
243,800
+13,779
| +6% | +$379K |
|
2402
Caesars Entertainment
CZR
$6.05B
| $7.81M | ﹤0.01% |
460,991
-18,199
| -4% | -$255K |
|
2403
HCI Group
HCI
$2.32B
| $7.79M | ﹤0.01% |
197,142
+14,102
| +8% | +$450K |
|
2404
Ring Energy
REI
$349M
| $7.78M | ﹤0.01% |
598,772
+45,396
| +8% | +$525K |
|
2405
Cerus
CERS
$526M
| $7.77M | ﹤0.01% |
1,787,312
+37,981
| +2% | +$198K |
|
2406
Hackett Group
HCKT
$276M
| $7.77M | ﹤0.01% |
440,044
+398
| +0.1% | +$6.74K |
|
|
GOOD
2407
Gladstone Commercial Corp
GOOD
$623M
| $7.75M | ﹤0.01% |
385,589
+41,451
| +12% | +$763K |
|
|
ALJ
2408
DELISTED
Alon USA Energy Inc
ALJ
| $7.72M | ﹤0.01% |
678,046
+109,055
| +19% | +$1.02M |
|
2409
Accuray
ARAY
$33M
| $7.7M | ﹤0.01% |
1,672,081
+124,566
| +8% | +$646K |
|
2410
Entravision Communication
EVC
$844M
| $7.7M | ﹤0.01% |
1,099,342
+40,266
| +4% | +$273K |
|
2411
Citizens
CIA
$197M
| $7.62M | ﹤0.01% |
775,803
+21,355
| +3% | +$198K |
|
|
TESO
2412
DELISTED
Tesco Corp
TESO
| $7.61M | ﹤0.01% |
922,035
+139,320
| +18% | +$1.1M |
|
2413
Culp Inc
CULP
$43.7M
| $7.6M | ﹤0.01% |
204,584
+26,388
| +15% | +$852K |
|
|
LBY
2414
DELISTED
Libbey, Inc.
LBY
| $7.6M | ﹤0.01% |
389,959
+17,996
| +5% | +$325K |
|
2415
Powell Industries
POWL
$7.77B
| $7.55M | ﹤0.01% |
580,659
+42,153
| +8% | +$557K |
|
|
ISEE
2416
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $7.51M | ﹤0.01% |
1,556,192
+421,671
| +37% | +$12.5M |
|
|
STFC
2417
DELISTED
State Auto Financial Corp
STFC
| $7.51M | ﹤0.01% |
280,166
+15,709
| +6% | +$388K |
|
|
FBR
2418
DELISTED
Fibria Celulose Sa
FBR
| $7.49M | ﹤0.01% |
779,535
-7,680
| -1% | -$64.6K |
|
|
FLXN
2419
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $7.45M | ﹤0.01% |
391,606
+84,770
| +28% | +$1.62M |
|
|
KEYW
2420
DELISTED
The KEYW Holding Corporation
KEYW
| $7.43M | ﹤0.01% |
630,642
+40,013
| +7% | +$471K |
|
|
CTT
2421
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $7.42M | ﹤0.01% |
658,637
+52,622
| +9% | +$576K |
|
|
PCBK
2422
DELISTED
Pacific Continental Corp
PCBK
| $7.33M | ﹤0.01% |
335,544
+13,304
| +4% | +$249K |
|
|
SALE
2423
DELISTED
RetailMeNot, Inc. Series 1
SALE
| $7.33M | ﹤0.01% |
788,043
+112,002
| +17% | +$1.05M |
|
|
HZN
2424
DELISTED
Horizon Global Corporation
HZN
| $7.31M | ﹤0.01% |
304,758
+26,175
| +9% | +$590K |
|
|
COWN
2425
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $7.31M | ﹤0.01% |
471,868
+3,371
| +0.7% | +$48.4K |
|
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.