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 | |
|---|---|---|---|---|---|---|
2826
Northern Oil and Gas
NOG
$2.16B
| $3.38M | ﹤0.01% |
122,943
+1,984
| +2% | +$47.2K |
|
2827
Kinsale Capital Group
KNSL
$8.43B
| $3.38M | ﹤0.01% |
99,416
+54,503
| +121% | +$1.45M |
|
2828
Covenant Logistics
CVLG
$1.09B
| $3.38M | ﹤0.01% |
349,762
+16,430
| +5% | +$154K |
|
|
SSI
2829
DELISTED
Stage Stores Inc
SSI
| $3.38M | ﹤0.01% |
774,717
+21,031
| +3% | +$104K |
|
2830
Goldgroup Mining Inc.
GORO
$152M
| $3.37M | ﹤0.01% |
775,618
+94,378
| +14% | +$466K |
|
|
CNBKA
2831
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $3.37M | ﹤0.01% |
56,154
+1,218
| +2% | +$63.3K |
|
2832
Clear Channel Outdoor Holdings
CCO
$1.23B
| $3.36M | ﹤0.01% |
663,442
-15,758
| -2% | -$88K |
|
|
STS
2833
DELISTED
Supreme Industries Inc Class A
STS
| $3.35M | ﹤0.01% |
213,526
+2,053
| +1% | +$30.8K |
|
|
SODA
2834
DELISTED
SodaStream International Ltd
SODA
| $3.35M | ﹤0.01% |
84,837
+68,036
| +405% | +$2.19M |
|
|
MRLN
2835
DELISTED
Marlin Business Services Corp
MRLN
| $3.31M | ﹤0.01% |
158,713
+14,339
| +10% | +$284K |
|
2836
Radware
RDWR
$1.19B
| $3.31M | ﹤0.01% |
227,212
+42,349
| +23% | +$562K |
|
|
ONDK
2837
DELISTED
On Deck Capital, Inc.
ONDK
| $3.31M | ﹤0.01% |
714,346
+27,493
| +4% | +$128K |
|
|
EMKR
2838
DELISTED
Emcore Corp
EMKR
| $3.29M | ﹤0.01% |
37,847
+9,515
| +34% | +$654K |
|
|
AVHI
2839
DELISTED
A V Homes, Inc.
AVHI
| $3.28M | ﹤0.01% |
207,868
+9,836
| +5% | +$159K |
|
2840
Freshpet
FRPT
$3.01B
| $3.28M | ﹤0.01% |
323,264
+23,391
| +8% | +$212K |
|
2841
Home Bancorp
HBCP
$563M
| $3.28M | ﹤0.01% |
84,896
+2,061
| +2% | +$66K |
|
|
CSLT
2842
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $3.28M | ﹤0.01% |
663,065
+67,459
| +11% | +$306K |
|
2843
Oppenheimer Holdings
OPY
$1.2B
| $3.25M | ﹤0.01% |
174,828
+4,069
| +2% | +$67.2K |
|
|
SIGM
2844
DELISTED
Sigma Designs Inc
SIGM
| $3.25M | ﹤0.01% |
540,789
+42,265
| +8% | +$304K |
|
|
TVRD
2845
Tvardi Therapeutics
TVRD
$22.9M
| $3.24M | ﹤0.01% |
9,681
+645
| +7% | +$207K |
|
|
SRGA
2846
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $3.24M | ﹤0.01% |
33,226
+853
| +3% | +$78.2K |
|
2847
MannKind Corp
MNKD
$1.21B
| $3.24M | ﹤0.01% |
1,018,390
+29,151
| +3% | +$84.3K |
|
2848
Minerva Neurosciences
NERV
$199M
| $3.23M | ﹤0.01% |
34,393
+3,514
| +11% | +$359K |
|
2849
Clearfield
CLFD
$425M
| $3.21M | ﹤0.01% |
154,909
+12,300
| +9% | +$234K |
|
2850
First Business Financial Services
FBIZ
$574M
| $3.21M | ﹤0.01% |
135,107
+4,393
| +3% | +$97.5K |
|
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.