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 | |
|---|---|---|---|---|---|---|
2601
Anika Therapeutics
ANIK
$269M
| $7M | ﹤0.01% |
309,041
-29,630
| -9% | -$613K |
|
2602
South Plains Financial
SPFI
$844M
| $6.99M | ﹤0.01% |
241,373
+2,313
| +1% | +$62.9K |
|
2603
Mid Penn Bancorp
MPB
$948M
| $6.99M | ﹤0.01% |
287,752
-6,058
| -2% | -$129K |
|
2604
Universal Technical Institute
UTI
$1.57B
| $6.99M | ﹤0.01% |
557,950
+42,720
| +8% | +$433K |
|
2605
American Vanguard Corp
AVD
$73.2M
| $6.98M | ﹤0.01% |
634,465
-442,595
| -41% | -$4.41M |
|
2606
Fate Therapeutics
FATE
$296M
| $6.96M | ﹤0.01% |
1,861,919
-410,006
| -18% | -$968K |
|
|
LOVE
2607
LoveSac
LOVE
$254M
| $6.96M | ﹤0.01% |
272,270
-6,438
| -2% | -$129K |
|
2608
Radware
RDWR
$1.21B
| $6.93M | ﹤0.01% |
415,617
-96,864
| -19% | -$1.54M |
|
2609
Harrow
HROW
$1.52B
| $6.92M | ﹤0.01% |
618,040
-70,627
| -10% | -$836K |
|
2610
Waterstone Financial
WSBF
$375M
| $6.89M | ﹤0.01% |
485,096
+10,422
| +2% | +$123K |
|
2611
Coherus Oncology
CHRS
$208M
| $6.87M | ﹤0.01% |
2,064,326
-6,726,601
| -77% | -$18M |
|
2612
Ocular Therapeutix
OCUL
$1.96B
| $6.87M | ﹤0.01% |
1,539,575
-242,290
| -14% | -$716K |
|
2613
Lyell Immunopharma
LYEL
$360M
| $6.87M | ﹤0.01% |
176,954
-163,567
| -48% | -$5.89M |
|
2614
Avita Medical
RCEL
$212M
| $6.86M | ﹤0.01% |
500,308
+31,167
| +7% | +$357K |
|
|
TARO
2615
DELISTED
Taro Pharmaceutical Industries Ltd.
TARO
| $6.84M | ﹤0.01% |
163,693
+3,583
| +2% | +$132K |
|
2616
Citizens & Northern Corp
CZNC
$449M
| $6.83M | ﹤0.01% |
304,549
+3,163
| +1% | +$62.4K |
|
2617
Park Aerospace
PKE
$821M
| $6.81M | ﹤0.01% |
462,934
+12,136
| +3% | +$182K |
|
2618
Sabesp
SBS
$19.1B
| $6.81M | ﹤0.01% |
2,304,022
-22,730
| -1% | -$57.7K |
|
2619
NWPX Infrastructure Inc
NWPX
$1.16B
| $6.8M | ﹤0.01% |
224,678
+3,001
| +1% | +$84.4K |
|
|
GPMT
2620
Granite Point Mortgage Trust
GPMT
$60.2M
| $6.74M | ﹤0.01% |
1,098,029
+71,576
| +7% | +$360K |
|
2621
Prime Medicine
PRME
$547M
| $6.73M | ﹤0.01% |
759,758
-926,243
| -55% | -$7.14M |
|
2622
NetEase
NTES
$83.8B
| $6.73M | ﹤0.01% |
72,214
-17,269
| -19% | -$1.83M |
|
2623
Peoples Financial Services
PFIS
$705M
| $6.72M | ﹤0.01% |
137,894
+4,731
| +4% | +$203K |
|
|
ENFN
2624
DELISTED
Enfusion, Inc.
ENFN
| $6.71M | ﹤0.01% |
691,618
+108,166
| +19% | +$1.01M |
|
|
CSTR
2625
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $6.71M | ﹤0.01% |
357,983
-2,020
| -0.6% | -$33K |
|
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.