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 |
Charter Communications
CHTR
|
+$1.45B |
| 2 |
AGN
Allergan plc
AGN
|
+$764M |
| 3 |
Amazon
AMZN
|
+$738M |
| 4 |
Apple
AAPL
|
+$680M |
| 5 |
Medtronic
MDT
|
+$663M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$1.98B |
| 2 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$669M |
| 3 |
HOT
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
|
+$535M |
| 4 |
Danaher
DHR
|
+$490M |
| 5 |
CPGX
COLUMBIA PIPELINE GROUP IN COM STK (DE)
CPGX
|
+$466M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.39% |
| 2 | Healthcare | 13.95% |
| 3 | Technology | 13.11% |
| 4 | Industrials | 11.8% |
| 5 | Consumer Discretionary | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PBCT
301
DELISTED
People's United Financial Inc
PBCT
| $677M | 0.07% |
42,820,403
+5,683,423
| +15% | +$88.3M |
|
302
Cincinnati Financial
CINF
$27.3B
| $675M | 0.07% |
8,946,923
-283,848
| -3% | -$21.5M |
|
303
Citizens Financial Group
CFG
$30.3B
| $673M | 0.07% |
27,246,420
+1,634,387
| +6% | +$37.6M |
|
304
McCormick & Company Non-Voting
MKC
$13.7B
| $665M | 0.07% |
13,313,220
+39,522
| +0.3% | +$2M |
|
305
Gen Digital
GEN
$16.4B
| $663M | 0.07% |
26,405,156
+676,985
| +3% | +$15.4M |
|
306
Equifax
EFX
$20.3B
| $663M | 0.07% |
4,923,440
+235,680
| +5% | +$31.2M |
|
307
Rockwell Automation
ROK
$53.4B
| $660M | 0.07% |
5,398,054
+105,008
| +2% | +$12.3M |
|
|
XEC
308
DELISTED
CIMAREX ENERGY CO
XEC
| $655M | 0.07% |
4,874,354
+130,526
| +3% | +$16.4M |
|
309
Willis Towers Watson
WTW
$31.2B
| $654M | 0.07% |
4,925,217
+52,817
| +1% | +$6.57M |
|
310
Northern Trust
NTRS
$33.3B
| $651M | 0.07% |
9,579,343
+224,607
| +2% | +$15.3M |
|
311
Cencora
COR
$60.6B
| $650M | 0.07% |
8,050,860
-191,571
| -2% | -$16.4M |
|
312
American Airlines Group
AAL
$10.1B
| $649M | 0.07% |
17,728,399
-987,245
| -5% | -$34.9M |
|
313
EQT Corp
EQT
$33.3B
| $648M | 0.07% |
16,402,145
+598,289
| +4% | +$23.7M |
|
314
Macerich
MAC
$7.33B
| $646M | 0.07% |
7,983,665
+185,750
| +2% | +$15.7M |
|
315
Freeport-McMoran
FCX
$90B
| $644M | 0.06% |
59,254,117
+2,602,730
| +5% | +$29.9M |
|
316
Agilent Technologies
A
$39.1B
| $643M | 0.06% |
13,661,653
+501,347
| +4% | +$23.4M |
|
317
SL Green Realty
SLG
$3.76B
| $639M | 0.06% |
6,107,768
+257,445
| +4% | +$28.3M |
|
318
Ameren
AEE
$30.3B
| $635M | 0.06% |
12,907,032
-130,064
| -1% | -$6.64M |
|
319
Lam Research
LRCX
$367B
| $626M | 0.06% |
66,135,390
+2,204,550
| +3% | +$20.1M |
|
320
CMS Energy
CMS
$22.6B
| $619M | 0.06% |
14,739,221
+369,496
| +3% | +$16.1M |
|
321
Alcoa
AA
$11.9B
| $617M | 0.06% |
25,324,908
+532,025
| +2% | +$13M |
|
322
Labcorp
LH
$25B
| $608M | 0.06% |
5,150,485
+1,502
| +0% | +$177K |
|
323
Principal Financial Group
PFG
$24.3B
| $608M | 0.06% |
11,800,540
+191,003
| +2% | +$8.93M |
|
324
Vulcan Materials
VMC
$34.8B
| $605M | 0.06% |
5,323,910
+160,770
| +3% | +$19M |
|
325
TransDigm Group
TDG
$70.2B
| $603M | 0.06% |
2,086,526
+46,324
| +2% | +$13M |
|
Similar funds
State Street's Q3 2016 Portfolio in Review
As of Q3 2016, State Street held 3,777 positions worth $992B, up 6.6% from $931B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street deployed $30.1B of net new capital in Q3 2016, opening 52 new positions and adding to 2,538 existing holdings. Its largest new stake was Fortive: 18,620,838 shares worth $598M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Danaher, an estimated $490M trimmed.
- State Street's largest Q3 2016 buy was Fortive: 18,620,838 shares worth $598M.
- State Street added most to Charter Communications in Q3 2016, an estimated $1.45B increase.
- State Street's biggest Q3 2016 reduction was Danaher, cutting an estimated $490M.
- State Street fully exited EMC CORPORATION in Q3 2016, selling an estimated $1.98B.
- State Street's ten largest holdings make up 15% of its $992B portfolio in Q3 2016.
- State Street opened 52 new positions and closed 181 in Q3 2016.
- State Street's portfolio value rose 6.6% quarter-over-quarter to $992B.
Based on State Street's 13F filing for Q3 2016, filed 14 Nov 2016.