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 | |
|---|---|---|---|---|---|---|
3026
Inogen
INGN
$176M
| $2.65M | ﹤0.01% |
483,242
+51,859
| +12% | +$274K |
|
3027
Information Services Group
III
$239M
| $2.65M | ﹤0.01% |
562,490
+8,316
| +2% | +$36.4K |
|
3028
Richardson Electronics
RELL
$305M
| $2.65M | ﹤0.01% |
198,192
+39,317
| +25% | +$470K |
|
|
MACK
3029
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $2.64M | ﹤0.01% |
196,705
+4,861
| +3% | +$61.4K |
|
3030
AbCellera Biologics
ABCL
$1.99B
| $2.63M | ﹤0.01% |
460,900
+44,722
| +11% | +$207K |
|
3031
Mayville Engineering Co
MEC
$633M
| $2.63M | ﹤0.01% |
182,098
+8,400
| +5% | +$104K |
|
|
CWBC
3032
Community West Bancshares
CWBC
$689M
| $2.62M | ﹤0.01% |
117,359
+1,576
| +1% | +$27.5K |
|
3033
Orchestra BioMed
OBIO
$249M
| $2.61M | ﹤0.01% |
285,910
+106,029
| +59% | +$724K |
|
|
SSBK
3034
DELISTED
Southern States Bancshares
SSBK
| $2.59M | ﹤0.01% |
88,437
+4,638
| +6% | +$115K |
|
3035
Actinium Pharmaceuticals
ATNM
$24.7M
| $2.57M | ﹤0.01% |
506,842
-16,150
| -3% | -$83.2K |
|
3036
Expensify
EXFY
$191M
| $2.56M | ﹤0.01% |
1,036,965
+95,214
| +10% | +$247K |
|
3037
TransAlta
TAC
$3.95B
| $2.56M | ﹤0.01% |
306,939
+36,329
| +13% | +$293K |
|
|
IGMS
3038
DELISTED
IGM Biosciences
IGMS
| $2.56M | ﹤0.01% |
307,468
+18,371
| +6% | +$107K |
|
|
PAMT
3039
PAMT Corp
PAMT
$315M
| $2.55M | ﹤0.01% |
122,954
+342
| +0.3% | +$6.66K |
|
3040
Silvercrest Asset Management
SAMG
$79.3M
| $2.55M | ﹤0.01% |
150,168
+4,400
| +3% | +$72.7K |
|
3041
Emergent Biosolutions
EBS
$274M
| $2.55M | ﹤0.01% |
1,062,951
-69,004
| -6% | -$162K |
|
3042
Century Casinos
CNTY
$33.5M
| $2.55M | ﹤0.01% |
522,702
+18,230
| +4% | +$84.2K |
|
3043
Restaurant Brands International
QSR
$25.3B
| $2.54M | ﹤0.01% |
32,327
| – | – |
|
3044
Viper Energy
VNOM
$14.9B
| $2.53M | ﹤0.01% |
80,749
+5,702
| +8% | +$169K |
|
3045
Ponce Financial Group
PDLB
$487M
| $2.53M | ﹤0.01% |
259,496
+359
| +0.1% | +$3.1K |
|
3046
Clover Health Investments
CLOV
$2.45B
| $2.52M | ﹤0.01% |
2,643,109
-369,463
| -12% | -$363K |
|
3047
Cellebrite
CLBT
$3.86B
| $2.51M | ﹤0.01% |
289,824
+62,136
| +27% | +$483K |
|
3048
Oak Valley Bancorp
OVLY
$280M
| $2.5M | ﹤0.01% |
83,384
+3,624
| +5% | +$94.9K |
|
3049
Vuzix
VUZI
$215M
| $2.49M | ﹤0.01% |
1,195,855
-1,990,389
| -62% | -$5.42M |
|
|
CAN
3050
Canaan Creative
CAN
$145M
| $2.47M | ﹤0.01% |
1,070,274
-2,254,931
| -68% | -$4.21M |
|
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.