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 | |
|---|---|---|---|---|---|---|
|
LTM
2426
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $7.31M | ﹤0.01% |
893,033
-108,779
| -11% | -$967K |
|
2427
Virtu Financial
VIRT
$4.86B
| $7.29M | ﹤0.01% |
457,090
+27,304
| +6% | +$390K |
|
2428
Bristow Group
VTOL
$1.37B
| $7.29M | ﹤0.01% |
214,716
+29,336
| +16% | +$640K |
|
2429
Peapack-Gladstone Financial
PGC
$806M
| $7.27M | ﹤0.01% |
235,251
+18,258
| +8% | +$470K |
|
2430
Match Group
MTCH
$8.45B
| $7.26M | ﹤0.01% |
424,297
+960
| +0.2% | +$17K |
|
|
FRP
2431
DELISTED
Fairpoint Communications, Inc.
FRP
| $7.24M | ﹤0.01% |
387,199
+29,412
| +8% | +$496K |
|
2432
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12B
| $7.22M | ﹤0.01% |
279,124
-17,000
| -6% | -$443K |
|
|
INOV
2433
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.22M | ﹤0.01% |
700,892
+72,192
| +11% | +$985K |
|
|
NUTR
2434
DELISTED
Nutraceutical International Co
NUTR
| $7.21M | ﹤0.01% |
206,530
+22,133
| +12% | +$701K |
|
|
RRTS
2435
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $7.21M | ﹤0.01% |
27,779
+2,583
| +10% | +$598K |
|
2436
Axcelis
ACLS
$4.18B
| $7.21M | ﹤0.01% |
495,084
+20,751
| +4% | +$282K |
|
2437
DHT Holdings
DHT
$2.93B
| $7.2M | ﹤0.01% |
1,738,488
+92,180
| +6% | +$366K |
|
2438
NVE Corp
NVEC
$565M
| $7.2M | ﹤0.01% |
100,760
+8,371
| +9% | +$528K |
|
|
SPPI
2439
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $7.18M | ﹤0.01% |
1,620,307
-798,818
| -33% | -$3.35M |
|
2440
Diageo
DEO
$52.8B
| $7.15M | ﹤0.01% |
68,811
+4,963
| +8% | +$522K |
|
2441
Myers Industries
MYE
$1.21B
| $7.13M | ﹤0.01% |
498,762
+22,327
| +5% | +$303K |
|
|
EOCC
2442
DELISTED
Enel Generacion Chile S.A.
EOCC
| $7.1M | ﹤0.01% |
365,149
-25,225
| -6% | -$499K |
|
|
DX
2443
Dynex Capital
DX
$3.21B
| $7.07M | ﹤0.01% |
345,517
-16,885
| -5% | -$348K |
|
2444
Frontline
FRO
$8.49B
| $7.04M | ﹤0.01% |
990,048
+68,224
| +7% | +$504K |
|
2445
Malibu Boats
MBUU
$583M
| $7.03M | ﹤0.01% |
368,117
+16,495
| +5% | +$278K |
|
|
WIFI
2446
DELISTED
Boingo Wireless, Inc.
WIFI
| $7.01M | ﹤0.01% |
574,615
+40,912
| +8% | +$458K |
|
|
MPG
2447
DELISTED
Metaldyne Performance Group Inc.
MPG
| $6.99M | ﹤0.01% |
304,636
+30,194
| +11% | +$574K |
|
|
OLP
2448
One Liberty Properties
OLP
$515M
| $6.97M | ﹤0.01% |
277,326
+24,102
| +10% | +$582K |
|
|
OB
2449
DELISTED
Onebeacon Insurance Group Ltd
OB
| $6.96M | ﹤0.01% |
433,705
+58,753
| +16% | +$887K |
|
2450
Enova International
ENVA
$6.4B
| $6.92M | ﹤0.01% |
550,916
+34,994
| +7% | +$378K |
|
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.