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 | |
|---|---|---|---|---|---|---|
3326
loanDepot
LDI
$564M
| $797K | ﹤0.01% |
226,414
| – | – |
|
3327
First Internet Bancorp
INBK
$256M
| $790K | ﹤0.01% |
32,577
-200
| -0.6% | -$3.87K |
|
3328
Innoviz Technologies
INVZ
$116M
| $787K | ﹤0.01% |
311,095
-1,493,082
| -83% | -$2.86M |
|
3329
Comp X International
CIX
$347M
| $785K | ﹤0.01% |
31,064
| – | – |
|
3330
AN2 Therapeutics
ANTX
$210M
| $785K | ﹤0.01% |
38,302
+22,900
| +149% | +$383K |
|
3331
RCM Technologies
RCMT
$206M
| $783K | ﹤0.01% |
26,955
+1,200
| +5% | +$28.2K |
|
3332
LifeMD
LFMD
$178M
| $774K | ﹤0.01% |
93,394
+400
| +0.4% | +$2.88K |
|
3333
Urban One Class D
UONEK
$24.8M
| $774K | ﹤0.01% |
21,930
-320
| -1% | -$14.6K |
|
3334
Star Group
SGU
$422M
| $771K | ﹤0.01% |
66,849
-23,244
| -26% | -$282K |
|
3335
Redwire
RDW
$2.56B
| $768K | ﹤0.01% |
269,424
+4,400
| +2% | +$12K |
|
|
AUGX
3336
DELISTED
Augmedix, Inc. Common Stock
AUGX
| $767K | ﹤0.01% |
131,113
+39,700
| +43% | +$209K |
|
|
PARAA
3337
DELISTED
Paramount Global Class A
PARAA
| $764K | ﹤0.01% |
38,763
-2,530
| -6% | -$43.3K |
|
|
VRNA
3338
DELISTED
Verona Pharma
VRNA
| $763K | ﹤0.01% |
38,360
| – | – |
|
3339
Foster
FSTR
$438M
| $761K | ﹤0.01% |
34,628
+1,400
| +4% | +$27.6K |
|
3340
American Public Education
APEI
$987M
| $759K | ﹤0.01% |
78,688
| – | – |
|
|
TVRD
3341
Tvardi Therapeutics
TVRD
$25M
| $759K | ﹤0.01% |
28,358
+2,656
| +10% | +$110K |
|
3342
Akebia Therapeutics
AKBA
$346M
| $757K | ﹤0.01% |
610,550
-45,900
| -7% | -$46.8K |
|
|
MITT
3343
TPG Mortgage Investment Trust
MITT
$224M
| $756K | ﹤0.01% |
117,505
+38,139
| +48% | +$207K |
|
3344
Western New England Bancorp
WNEB
$281M
| $754K | ﹤0.01% |
83,736
+3,100
| +4% | +$23.6K |
|
|
DZSI
3345
DELISTED
DZS Inc. Common Stock
DZSI
| $751K | ﹤0.01% |
381,269
+3,239
| +0.9% | +$5.08K |
|
3346
Ispire Technology
ISPR
$91.3M
| $751K | ﹤0.01% |
61,877
+48,031
| +347% | +$492K |
|
3347
PrimeEnergy Resources
PNRG
$302M
| $745K | ﹤0.01% |
7,005
-300
| -4% | -$32K |
|
3348
Kopin
KOPN
$732M
| $737K | ﹤0.01% |
362,853
+800
| +0.2% | +$1.14K |
|
3349
Lifecore Biomedical
LFCR
$167M
| $735K | ﹤0.01% |
118,796
| – | – |
|
|
KLRS
3350
Kalaris Therapeutics
KLRS
$99.7M
| $735K | ﹤0.01% |
47,005
-473
| -1% | -$18.7K |
|
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.