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 | |
|---|---|---|---|---|---|---|
3401
Sun Life Financial
SLF
$45.3B
| $607K | ﹤0.01% |
11,703
-13,662
| -54% | -$672K |
|
3402
HSBC
HSBC
$352B
| $606K | ﹤0.01% |
14,937
| – | – |
|
3403
Vanguard FTSE Europe ETF
VGK
$31.1B
| $601K | ﹤0.01% |
9,318
-1,319,335
| -99% | -$79M |
|
3404
Bel Fuse Inc Class A
BELFA
$3.35B
| $597K | ﹤0.01% |
9,314
| – | – |
|
3405
Crawford & Co Class B
CRD.B
$574M
| $596K | ﹤0.01% |
45,587
| – | – |
|
|
AVDL
3406
DELISTED
Avadel Pharmaceuticals
AVDL
| $595K | ﹤0.01% |
42,106
+11,800
| +39% | +$139K |
|
3407
Valhi
VHI
$408M
| $591K | ﹤0.01% |
38,909
| – | – |
|
3408
Bioventus
BVS
$1.03B
| $586K | ﹤0.01% |
111,194
| – | – |
|
3409
Natural Gas Services Group
NGS
$472M
| $585K | ﹤0.01% |
36,352
+3,200
| +10% | +$46.2K |
|
3410
FerroAtlántica
GSM
$775M
| $582K | ﹤0.01% |
89,371
-21,200
| -19% | -$112K |
|
3411
Hawthorn Bancshares
HWBK
$274M
| $579K | ﹤0.01% |
22,684
-1,790
| -7% | -$35.4K |
|
3412
DLH Holdings
DLHC
$70.1M
| $578K | ﹤0.01% |
36,709
+100
| +0.3% | +$1.41K |
|
3413
Sundial Growers
SNDL
$315M
| $577K | ﹤0.01% |
352,008
+5,640
| +2% | +$8.49K |
|
|
CALB
3414
DELISTED
California BanCorp Common Stock
CALB
| $574K | ﹤0.01% |
23,193
+100
| +0.4% | +$2.22K |
|
3415
Twin Disc
TWIN
$343M
| $572K | ﹤0.01% |
35,405
-200
| -0.6% | -$2.82K |
|
|
LYRA
3416
DELISTED
LYRA THERAPEUTICS INC
LYRA
| $572K | ﹤0.01% |
2,184
+282
| +15% | +$51K |
|
3417
Structure Therapeutics
GPCR
$3.59B
| $568K | ﹤0.01% |
13,936
-524
| -4% | -$30K |
|
|
SACH
3418
Sachem Capital Corp
SACH
$40.6M
| $568K | ﹤0.01% |
147,485
+15,692
| +12% | +$56K |
|
3419
Offerpad Solutions
OPAD
$21.8M
| $565K | ﹤0.01% |
5,508
-60
| -1% | -$5.45K |
|
3420
Geospace Technologies
GEOS
$95.1M
| $564K | ﹤0.01% |
43,489
+200
| +0.5% | +$2.45K |
|
|
BFIN
3421
DELISTED
BankFinancial
BFIN
| $554K | ﹤0.01% |
53,970
| – | – |
|
|
NVMI
3422
Nova
NVMI
$12.8B
| $549K | ﹤0.01% |
3,994
-9,198
| -70% | -$1.06M |
|
|
UHG
3423
DELISTED
United Homes Group
UHG
| $545K | ﹤0.01% |
64,695
+200
| +0.3% | +$1.39K |
|
|
RENT
3424
Rent the Runway
RENT
$119M
| $542K | ﹤0.01% |
51,377
+656
| +1% | +$8.1K |
|
3425
Smith-Midland
SMID
$148M
| $541K | ﹤0.01% |
13,707
+600
| +5% | +$16.1K |
|
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.