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 | |
|---|---|---|---|---|---|---|
2701
Sony
SONY
$136B
| $5.74M | ﹤0.01% |
303,230
+1,850
| +0.6% | +$32.1K |
|
|
NXDR
2702
Nextdoor Holdings
NXDR
$983M
| $5.74M | ﹤0.01% |
3,036,601
+372,695
| +14% | +$658K |
|
2703
Greenlight Captial
GLRE
$511M
| $5.74M | ﹤0.01% |
502,235
+19,623
| +4% | +$218K |
|
2704
Organogenesis Holdings
ORGO
$310M
| $5.73M | ﹤0.01% |
1,400,545
+90,389
| +7% | +$253K |
|
2705
RBB Bancorp
RBB
$455M
| $5.68M | ﹤0.01% |
298,494
-34,418
| -10% | -$514K |
|
2706
Alta Equipment Group
ALTG
$240M
| $5.68M | ﹤0.01% |
459,091
+69,403
| +18% | +$749K |
|
2707
Rayonier Advanced Materials
RYAM
$620M
| $5.65M | ﹤0.01% |
1,395,939
+109,970
| +9% | +$362K |
|
2708
Outset Medical
OM
$96.4M
| $5.62M | ﹤0.01% |
69,253
-30,768
| -31% | -$2.5M |
|
2709
Southern First Bancshares
SFST
$604M
| $5.57M | ﹤0.01% |
150,100
-17,111
| -10% | -$508K |
|
2710
KRONOS Worldwide
KRO
$947M
| $5.56M | ﹤0.01% |
559,162
+22,049
| +4% | +$179K |
|
2711
Safe Bulkers
SB
$781M
| $5.55M | ﹤0.01% |
1,413,285
+101,096
| +8% | +$356K |
|
2712
Ranpak Holdings
PACK
$466M
| $5.55M | ﹤0.01% |
954,003
+113,600
| +14% | +$480K |
|
|
GNTY
2713
DELISTED
Guaranty Bancshares
GNTY
| $5.53M | ﹤0.01% |
163,298
+1,989
| +1% | +$59.6K |
|
|
CIO
2714
DELISTED
City Office REIT
CIO
| $5.52M | ﹤0.01% |
903,846
-276,758
| -23% | -$1.29M |
|
2715
First Bancorp
FNLC
$398M
| $5.51M | ﹤0.01% |
195,115
+1,810
| +0.9% | +$45K |
|
2716
Energy Vault
NRGV
$536M
| $5.47M | ﹤0.01% |
2,347,445
-321,461
| -12% | -$741K |
|
2717
SkinHealth Systems
SKIN
$99.5M
| $5.47M | ﹤0.01% |
1,758,354
+44,147
| +3% | +$166K |
|
|
BIG
2718
DELISTED
Big Lots, Inc.
BIG
| $5.45M | ﹤0.01% |
699,713
+71,383
| +11% | +$368K |
|
2719
Axogen
AXGN
$2.38B
| $5.41M | ﹤0.01% |
792,087
+29,749
| +4% | +$165K |
|
2720
ACNB Corp
ACNB
$661M
| $5.41M | ﹤0.01% |
120,836
+1,311
| +1% | +$49.3K |
|
|
MRSN
2721
DELISTED
Mersana Therapeutics
MRSN
| $5.4M | ﹤0.01% |
93,177
+667
| +0.7% | +$26.8K |
|
2722
Civista Bancshares
CIVB
$596M
| $5.39M | ﹤0.01% |
292,448
+5,259
| +2% | +$84.4K |
|
2723
Waldencast
WALD
$185M
| $5.38M | ﹤0.01% |
491,926
+148,290
| +43% | +$1.4M |
|
2724
Luxfer Holdings
LXFR
$457M
| $5.35M | ﹤0.01% |
598,273
-30,453
| -5% | -$283K |
|
2725
Farmers & Merchants Bancorp
FMAO
$472M
| $5.34M | ﹤0.01% |
213,421
+2,528
| +1% | +$50.1K |
|
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.