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 |
Tesla
TSLA
|
+$1.2B |
| 2 |
PG&E
PCG
|
+$552M |
| 3 |
Microsoft
MSFT
|
+$515M |
| 4 |
CoStar Group
CSGP
|
+$464M |
| 5 |
EQT Corp
EQT
|
+$450M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chevron
CVX
|
+$1.17B |
| 2 |
Apple
AAPL
|
+$1.04B |
| 3 |
Home Depot
HD
|
+$656M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$544M |
| 5 |
ACC
American Campus Communities, Inc.
ACC
|
+$489M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.85% |
| 2 | Healthcare | 15.1% |
| 3 | Financials | 13.3% |
| 4 | Consumer Discretionary | 10.07% |
| 5 | Industrials | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
MSCI
MSCI
$42.2B
| $1.4B | 0.09% |
3,328,864
+25,088
| +0.8% | +$11.5M |
|
227
Baker Hughes
BKR
$57.9B
| $1.4B | 0.09% |
66,704,955
+1,616,513
| +2% | +$40.5M |
|
228
M&T Bank
MTB
$36.6B
| $1.4B | 0.09% |
7,928,410
-701,576
| -8% | -$124M |
|
|
CTRA
229
DELISTED
Coterra Energy
CTRA
| $1.4B | 0.09% |
53,420,921
+312,710
| +0.6% | +$8.95M |
|
230
American Water Works
AWK
$27B
| $1.39B | 0.09% |
10,679,936
+153,609
| +1% | +$23.1M |
|
231
Diamondback Energy
FANG
$53.6B
| $1.39B | 0.09% |
11,524,297
+755,625
| +7% | +$94.3M |
|
232
Parker-Hannifin
PH
$125B
| $1.38B | 0.09% |
5,697,445
-54,038
| -0.9% | -$14.6M |
|
233
Cardinal Health
CAH
$54.7B
| $1.36B | 0.09% |
20,311,765
-59,038
| -0.3% | -$3.74M |
|
234
Albemarle
ALB
$13.3B
| $1.36B | 0.09% |
5,122,963
-177,705
| -3% | -$45.2M |
|
235
Essex Property Trust
ESS
$19B
| $1.35B | 0.09% |
5,517,541
+314,259
| +6% | +$85M |
|
236
Blackstone
BX
$107B
| $1.34B | 0.09% |
16,056,389
-493,684
| -3% | -$47.8M |
|
237
DexCom
DXCM
$29.1B
| $1.32B | 0.08% |
16,391,712
+156,880
| +1% | +$13.3M |
|
238
TE Connectivity
TEL
$61.9B
| $1.32B | 0.08% |
11,954,526
+40,740
| +0.3% | +$5.07M |
|
239
Microchip Technology
MCHP
$41.5B
| $1.31B | 0.08% |
21,388,923
+234,404
| +1% | +$15.4M |
|
|
TWTR
240
DELISTED
Twitter, Inc.
TWTR
| $1.3B | 0.08% |
29,665,489
-3,076,795
| -9% | -$125M |
|
241
Cummins
CMI
$88.8B
| $1.3B | 0.08% |
6,376,376
-91,008
| -1% | -$19.4M |
|
242
Entergy
ETR
$52.9B
| $1.29B | 0.08% |
25,727,798
+319,070
| +1% | +$18.3M |
|
243
Fastenal
FAST
$55.4B
| $1.29B | 0.08% |
55,994,022
+1,234,246
| +2% | +$31.1M |
|
244
Keurig Dr Pepper
KDP
$42.1B
| $1.29B | 0.08% |
35,758,036
+4,050,118
| +13% | +$153M |
|
245
Invitation Homes
INVH
$17.9B
| $1.29B | 0.08% |
38,133,933
+9,188,909
| +32% | +$341M |
|
246
Ross Stores
ROST
$80.7B
| $1.27B | 0.08% |
15,120,073
-87,857
| -0.6% | -$7.46M |
|
247
Cognizant
CTSH
$23.7B
| $1.26B | 0.08% |
22,020,278
-45,350
| -0.2% | -$2.97M |
|
248
Republic Services
RSG
$66.9B
| $1.26B | 0.08% |
9,239,185
-122,377
| -1% | -$17.1M |
|
249
Fortinet
FTNT
$111B
| $1.25B | 0.08% |
25,544,395
-327,654
| -1% | -$17.7M |
|
250
Illumina
ILMN
$29.1B
| $1.25B | 0.08% |
6,752,942
+89,765
| +1% | +$17.8M |
|
Similar funds
State Street's Q3 2022 Portfolio in Review
As of Q3 2022, State Street held 5,035 positions worth $1.58T, down 5.3% from $1.67T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 3.7%. State Street opened 87 new positions and exited 100, leaving the 5,035-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2022 buy was Haleon: 8,328,997 shares worth $50.7M.
- State Street added most to Tesla in Q3 2022, an estimated $1.2B increase.
- State Street's biggest Q3 2022 reduction was Chevron, cutting an estimated $1.17B.
- State Street fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $489M.
- State Street's ten largest holdings make up 21% of its $1.58T portfolio in Q3 2022.
- State Street opened 87 new positions and closed 100 in Q3 2022.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.58T.
Based on State Street's 13F filing for Q3 2022, filed 15 Nov 2022.