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 | |
|---|---|---|---|---|---|---|
251
DTE Energy
DTE
$30.6B
| $911M | 0.09% |
10,863,987
+56,597
| +0.5% | +$4.55M |
|
252
Analog Devices
ADI
$181B
| $905M | 0.09% |
12,465,018
+228,010
| +2% | +$15.5M |
|
|
ATVI
253
DELISTED
Activision Blizzard
ATVI
| $901M | 0.08% |
24,959,392
+662,244
| +3% | +$26.5M |
|
254
Clorox
CLX
$11.8B
| $898M | 0.08% |
7,481,310
+92,570
| +1% | +$10.9M |
|
255
Aptiv
APTV
$12.2B
| $890M | 0.08% |
13,221,090
-998,950
| -7% | -$67.1M |
|
256
Eversource Energy
ES
$28.1B
| $879M | 0.08% |
15,909,501
+36,489
| +0.2% | +$1.95M |
|
257
American Airlines Group
AAL
$9.9B
| $873M | 0.08% |
18,690,799
+962,400
| +5% | +$41.9M |
|
258
Stanley Black & Decker
SWK
$14.6B
| $870M | 0.08% |
7,583,914
+295,156
| +4% | +$35.2M |
|
259
Vertex Pharmaceuticals
VRTX
$122B
| $867M | 0.08% |
11,774,161
+308,574
| +3% | +$25.1M |
|
260
Edwards Lifesciences
EW
$47.8B
| $865M | 0.08% |
27,693,450
+1,229,697
| +5% | +$39.8M |
|
261
Conagra Brands
CAG
$7.29B
| $857M | 0.08% |
21,677,483
-6,128,829
| -22% | -$229M |
|
262
Tyson Foods
TSN
$21.4B
| $856M | 0.08% |
13,884,097
+688,708
| +5% | +$45.3M |
|
263
Paychex
PAYX
$41.1B
| $846M | 0.08% |
13,895,703
+833,967
| +6% | +$48.1M |
|
264
Huntington Bancshares
HBAN
$34.7B
| $845M | 0.08% |
63,926,011
+4,598,441
| +8% | +$53.6M |
|
265
Host Hotels & Resorts
HST
$17.1B
| $840M | 0.08% |
44,559,935
-732,532
| -2% | -$12.4M |
|
|
ANDV
266
DELISTED
Andeavor
ANDV
| $839M | 0.08% |
9,591,715
+390,205
| +4% | +$33.1M |
|
|
K
267
DELISTED
Kellanova
K
| $839M | 0.08% |
12,119,403
+420,331
| +4% | +$29.2M |
|
268
NOV
NOV
$7.35B
| $833M | 0.08% |
22,236,890
+1,044,224
| +5% | +$38M |
|
|
BCR
269
DELISTED
CR Bard Inc.
BCR
| $832M | 0.08% |
3,703,576
+176,151
| +5% | +$38.3M |
|
270
Omnicom Group
OMC
$23.5B
| $829M | 0.08% |
9,744,064
+406,076
| +4% | +$34.1M |
|
|
MRO
271
DELISTED
Marathon Oil Corporation
MRO
| $829M | 0.08% |
47,900,778
+1,643,089
| +4% | +$26.4M |
|
272
Zimmer Biomet
ZBH
$17.8B
| $826M | 0.08% |
8,241,461
+378,159
| +5% | +$40.5M |
|
|
GGP
273
DELISTED
GGP Inc.
GGP
| $823M | 0.08% |
32,939,134
-383,957
| -1% | -$9.82M |
|
274
Parker-Hannifin
PH
$124B
| $820M | 0.08% |
5,859,377
+382,022
| +7% | +$50.8M |
|
|
PBCT
275
DELISTED
People's United Financial Inc
PBCT
| $820M | 0.08% |
42,364,765
-455,638
| -1% | -$8.05M |
|
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.