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 | |
|---|---|---|---|---|---|---|
2451
Blackstone Mortgage Trust
BXMT
$2.45B
| $6.89M | ﹤0.01% |
229,364
-43,052
| -16% | -$1.28M |
|
|
DFRG
2452
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $6.89M | ﹤0.01% |
404,989
+26,397
| +7% | +$414K |
|
|
LOXO
2453
DELISTED
Loxo Oncology, Inc
LOXO
| $6.88M | ﹤0.01% |
214,321
+4,360
| +2% | +$112K |
|
2454
Heritage Insurance Holdings
HRTG
$980M
| $6.86M | ﹤0.01% |
438,072
+23,727
| +6% | +$330K |
|
2455
CNB Financial Corp
CCNE
$1.03B
| $6.85M | ﹤0.01% |
256,213
+28,536
| +13% | +$654K |
|
2456
Monarch Casino & Resort
MCRI
$2.2B
| $6.84M | ﹤0.01% |
265,108
+24,905
| +10% | +$617K |
|
|
TBNK
2457
DELISTED
Territorial Bancorp Inc.
TBNK
| $6.83M | ﹤0.01% |
208,020
+10,880
| +6% | +$333K |
|
|
FSB
2458
DELISTED
Franklin Financial Network, Inc.
FSB
| $6.81M | ﹤0.01% |
162,747
+20,753
| +15% | +$755K |
|
2459
Republic Bancorp
RBCAA
$1.93B
| $6.8M | ﹤0.01% |
172,143
+5,516
| +3% | +$191K |
|
2460
STAAR Surgical
STAA
$1.24B
| $6.8M | ﹤0.01% |
626,735
+37,175
| +6% | +$378K |
|
|
LMOS
2461
DELISTED
Lumos Networks Corp
LMOS
| $6.79M | ﹤0.01% |
434,209
+33,740
| +8% | +$491K |
|
2462
NovoCure
NVCR
$2.06B
| $6.75M | ﹤0.01% |
860,129
-3,635
| -0.4% | -$29.2K |
|
2463
Global Indemnity Group
GBLI
$409M
| $6.74M | ﹤0.01% |
176,464
+5,875
| +3% | +$200K |
|
|
RVNC
2464
DELISTED
Revance Therapeutics, Inc.
RVNC
| $6.73M | ﹤0.01% |
325,148
+17,410
| +6% | +$292K |
|
|
XOG
2465
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $6.72M | ﹤0.01% |
+335,418
| New | +$7.13M |
|
2466
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $6.71M | ﹤0.01% |
+132,258
| New | +$6.71M |
|
|
EXAC
2467
DELISTED
Exactech Inc
EXAC
| $6.71M | ﹤0.01% |
245,639
+25,011
| +11% | +$661K |
|
|
AUD
2468
DELISTED
Audacy, Inc.
AUD
| $6.67M | ﹤0.01% |
436,208
+31,840
| +8% | +$459K |
|
2469
Marcus & Millichap
MMI
$1.19B
| $6.64M | ﹤0.01% |
248,564
+4,604
| +2% | +$120K |
|
|
BELFB
2470
Bel Fuse Inc Class B
BELFB
$4.2B
| $6.64M | ﹤0.01% |
214,981
+11,858
| +6% | +$330K |
|
|
ARAV
2471
DELISTED
Aravive, Inc. Common Stock
ARAV
| $6.64M | ﹤0.01% |
74,286
+11,075
| +18% | +$839K |
|
2472
Liquidity Services
LQDT
$1.34B
| $6.63M | ﹤0.01% |
680,126
+38,642
| +6% | +$369K |
|
|
LIOX
2473
DELISTED
Lionbridge Technologies
LIOX
| $6.61M | ﹤0.01% |
1,140,322
+38,878
| +4% | +$199K |
|
2474
Alto Ingredients
ALTO
$330M
| $6.6M | ﹤0.01% |
694,518
+46,514
| +7% | +$374K |
|
2475
Ardelyx
ARDX
$1.01B
| $6.57M | ﹤0.01% |
462,228
+59,813
| +15% | +$849K |
|
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.