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 | |
|---|---|---|---|---|---|---|
3001
Riskified
RSKD
$694M
| $2.79M | ﹤0.01% |
596,739
+25,500
| +4% | +$104K |
|
|
BGFV
3002
DELISTED
Big 5 Sporting Goods
BGFV
| $2.78M | ﹤0.01% |
439,081
+17,863
| +4% | +$115K |
|
3003
Lands' End
LE
$397M
| $2.77M | ﹤0.01% |
289,777
+15,123
| +6% | +$112K |
|
|
SBDS
3004
DELISTED
Solo Brands Inc
SBDS
| $2.77M | ﹤0.01% |
11,229
+2,435
| +28% | +$475K |
|
3005
GrowGeneration
GRWG
$88.9M
| $2.76M | ﹤0.01% |
1,100,623
+47,635
| +5% | +$117K |
|
|
TEAD
3006
Teads Holding Co
TEAD
$67.5M
| $2.76M | ﹤0.01% |
629,546
+23,744
| +4% | +$101K |
|
3007
C&F Financial
CFFI
$288M
| $2.75M | ﹤0.01% |
40,068
+333
| +0.8% | +$19.4K |
|
3008
Immuneering
IMRX
$289M
| $2.75M | ﹤0.01% |
373,662
+12,366
| +3% | +$82.4K |
|
3009
Unity Bancorp
UNTY
$603M
| $2.75M | ﹤0.01% |
92,785
+133
| +0.1% | +$3.43K |
|
3010
PDS Biotechnology
PDSB
$41.8M
| $2.74M | ﹤0.01% |
552,032
+47,091
| +9% | +$234K |
|
3011
The Joint Corp
JYNT
$117M
| $2.74M | ﹤0.01% |
285,073
+29,440
| +12% | +$255K |
|
3012
Plumas Bancorp
PLBC
$428M
| $2.74M | ﹤0.01% |
66,152
+600
| +0.9% | +$21.6K |
|
|
KG
3013
Kestrel Group
KG
$69.7M
| $2.73M | ﹤0.01% |
59,687
+280
| +0.5% | +$10.4K |
|
3014
Weyco Group
WEYS
$419M
| $2.73M | ﹤0.01% |
86,423
+5,025
| +6% | +$143K |
|
3015
Foghorn Therapeutics
FHTX
$327M
| $2.73M | ﹤0.01% |
422,630
-11,240
| -3% | -$48.5K |
|
3016
iShares S&P GSCI Commodity-Indexed Trust
GSG
$968M
| $2.72M | ﹤0.01% |
135,800
+26,700
| +24% | +$562K |
|
3017
Parke Bancorp
PKBK
$402M
| $2.72M | ﹤0.01% |
134,406
+193
| +0.1% | +$3.42K |
|
|
PLGO
3018
Pelagos Insurance Capital
PLGO
$2.18B
| $2.72M | ﹤0.01% |
214,678
+76,776
| +56% | +$1.03M |
|
3019
Hess Midstream
HESM
$5.13B
| $2.71M | ﹤0.01% |
85,707
+15,412
| +22% | +$472K |
|
3020
Aveanna Healthcare
AVAH
$2.03B
| $2.71M | ﹤0.01% |
1,010,679
+2,852
| +0.3% | +$5.44K |
|
3021
Climb Global Solutions
CLMB
$513M
| $2.71M | ﹤0.01% |
197,540
+6,388
| +3% | +$76.4K |
|
|
LOGC
3022
DELISTED
ContextLogic
LOGC
| $2.7M | ﹤0.01% |
454,594
+51,937
| +13% | +$253K |
|
3023
Compass Therapeutics
CMPX
$358M
| $2.69M | ﹤0.01% |
1,726,304
-29,809
| -2% | -$51.6K |
|
3024
Core Molding Technologies
CMT
$216M
| $2.68M | ﹤0.01% |
144,721
+48,102
| +50% | +$1.05M |
|
3025
Seres Therapeutics
MCRB
$47.9M
| $2.67M | ﹤0.01% |
95,476
-381,319
| -80% | -$10M |
|
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.