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 |
Microsoft
MSFT
|
+$3.26B |
| 2 |
Apple
AAPL
|
+$3.09B |
| 3 |
ConocoPhillips
COP
|
+$1.86B |
| 4 |
Uber
UBER
|
+$1.85B |
| 5 |
Broadcom
AVGO
|
+$1.84B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$2.9B |
| 2 |
VMW
VMware, Inc
VMW
|
+$913M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$713M |
| 4 |
Danaher
DHR
|
+$627M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$606M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.11% |
| 2 | Financials | 12.81% |
| 3 | Healthcare | 12.79% |
| 4 | Consumer Discretionary | 10.15% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Prudential Financial
PRU
$42.9B
| $1.76B | 0.09% |
16,927,199
+544,209
| +3% | +$52.2M |
|
227
TE Connectivity
TEL
$61.8B
| $1.74B | 0.08% |
12,379,144
+309,482
| +3% | +$39.8M |
|
|
BNY
228
Bank of New York Mellon
BNY
$107B
| $1.74B | 0.08% |
33,407,347
+1,242,217
| +4% | +$57.2M |
|
229
Diamondback Energy
FANG
$54.3B
| $1.73B | 0.08% |
11,152,916
-418,185
| -4% | -$65.5M |
|
230
Centene
CNC
$31.9B
| $1.72B | 0.08% |
23,139,156
+328,292
| +1% | +$23.7M |
|
231
Ameriprise Financial
AMP
$49B
| $1.71B | 0.08% |
4,504,098
+50,038
| +1% | +$17.2M |
|
232
Eversource Energy
ES
$27.3B
| $1.7B | 0.08% |
27,621,301
+26,000
| +0.1% | +$1.5M |
|
233
PPG Industries
PPG
$26.2B
| $1.7B | 0.08% |
11,361,864
+541,737
| +5% | +$73.3M |
|
234
Copart
CPRT
$27B
| $1.69B | 0.08% |
34,416,991
+1,092,323
| +3% | +$51.6M |
|
235
W.W. Grainger
GWW
$61.6B
| $1.68B | 0.08% |
2,032,864
+21,645
| +1% | +$16.7M |
|
236
Constellation Brands
STZ
$22.4B
| $1.65B | 0.08% |
6,844,624
+39,346
| +0.6% | +$9.36M |
|
237
T. Rowe Price
TROW
$24.1B
| $1.63B | 0.08% |
15,172,754
+191,995
| +1% | +$19.1M |
|
238
ON Semiconductor
ON
$31.6B
| $1.63B | 0.08% |
19,485,798
+1,571,428
| +9% | +$123M |
|
239
Johnson Controls International
JCI
$93.2B
| $1.63B | 0.08% |
28,048,953
-223,467
| -0.8% | -$11.7M |
|
240
Cencora
COR
$59.5B
| $1.62B | 0.08% |
7,896,643
+222,846
| +3% | +$43.5M |
|
241
Allstate
ALL
$67.2B
| $1.57B | 0.08% |
11,115,314
+281,123
| +3% | +$36.7M |
|
242
Corteva
CTVA
$51.6B
| $1.56B | 0.08% |
32,556,141
+945,448
| +3% | +$45.1M |
|
243
Paychex
PAYX
$41.8B
| $1.56B | 0.08% |
13,083,282
+362,876
| +3% | +$43M |
|
244
Fortinet
FTNT
$122B
| $1.56B | 0.08% |
26,601,877
+1,041,135
| +4% | +$57.5M |
|
245
Equity Residential
EQR
$25.3B
| $1.56B | 0.08% |
25,179,988
+700,564
| +3% | +$40.5M |
|
246
Warner Bros
WBD
$65.5B
| $1.54B | 0.08% |
135,675,989
+17,005,642
| +14% | +$184M |
|
247
Fidelity National Information Services
FIS
$21.8B
| $1.54B | 0.08% |
25,675,722
+424,569
| +2% | +$23.3M |
|
248
Yum! Brands
YUM
$40.8B
| $1.54B | 0.08% |
11,799,030
+351,058
| +3% | +$43.8M |
|
249
Pinduoduo
PDD
$129B
| $1.52B | 0.07% |
10,400,251
+16,792
| +0.2% | +$2.04M |
|
250
Cummins
CMI
$86.5B
| $1.52B | 0.07% |
6,330,906
-96,003
| -1% | -$21.8M |
|
Similar funds
State Street's Q4 2023 Portfolio in Review
As of Q4 2023, State Street held 4,602 positions worth $2.06T, up 14% from $1.8T the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.8%. State Street opened 54 new positions and exited 167, leaving the 4,602-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2023 buy was Veralto: 8,754,876 shares worth $721M.
- State Street added most to Microsoft in Q4 2023, an estimated $3.26B increase.
- State Street's biggest Q4 2023 reduction was Danaher, cutting an estimated $627M.
- State Street fully exited Activision Blizzard in Q4 2023, selling an estimated $2.9B.
- State Street's ten largest holdings make up 24% of its $2.06T portfolio in Q4 2023.
- State Street opened 54 new positions and closed 167 in Q4 2023.
- State Street's portfolio value rose 14% quarter-over-quarter to $2.06T.
Based on State Street's 13F filing for Q4 2023, filed 14 Feb 2024.