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 |
Prologis
PLD
|
+$615M |
| 2 |
Alibaba
BABA
|
+$494M |
| 3 |
Centene
CNC
|
+$462M |
| 4 |
Digital Realty Trust
DLR
|
+$459M |
| 5 |
Helmerich & Payne
HP
|
+$433M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.24B |
| 2 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$712M |
| 3 |
Apple
AAPL
|
+$675M |
| 4 |
LPT
Liberty Property Trust
LPT
|
+$560M |
| 5 |
JPMorgan Chase
JPM
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.89% |
| 2 | Healthcare | 14.98% |
| 3 | Financials | 13.2% |
| 4 | Industrials | 10.03% |
| 5 | Consumer Discretionary | 9.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
W.W. Grainger
GWW
$64.2B
| $584M | 0.05% |
2,348,682
-136,992
| -6% | -$40.5M |
|
327
Lumen
LUMN
$6.43B
| $583M | 0.05% |
61,599,435
+1,237,234
| +2% | +$15.5M |
|
328
Vulcan Materials
VMC
$36.8B
| $579M | 0.05% |
5,353,347
-158,075
| -3% | -$20.2M |
|
|
KSU
329
DELISTED
Kansas City Southern
KSU
| $578M | 0.05% |
4,528,897
+2,031
| +0% | +$310K |
|
330
MarketAxess Holdings
MKTX
$4.47B
| $572M | 0.05% |
1,720,727
-6,829
| -0.4% | -$2.38M |
|
|
MXIM
331
DELISTED
Maxim Integrated Products
MXIM
| $571M | 0.05% |
11,749,943
+78,267
| +0.7% | +$4.49M |
|
332
CDW
CDW
$18.9B
| $564M | 0.05% |
6,049,374
-47,930
| -0.8% | -$5.87M |
|
333
Teleflex
TFX
$5.96B
| $561M | 0.05% |
1,914,980
+7,754
| +0.4% | +$2.71M |
|
334
Equifax
EFX
$22B
| $558M | 0.05% |
4,670,736
-85,739
| -2% | -$12.5M |
|
335
Host Hotels & Resorts
HST
$17.5B
| $555M | 0.05% |
49,417,537
+1,159,035
| +2% | +$17.5M |
|
336
DexCom
DXCM
$29B
| $552M | 0.05% |
8,200,544
+80,284
| +1% | +$5M |
|
337
CBRE Group
CBRE
$43.3B
| $552M | 0.05% |
14,630,049
-29,878
| -0.2% | -$1.65M |
|
338
Delta Air Lines
DAL
$56.7B
| $551M | 0.05% |
19,325,923
-624,410
| -3% | -$30.9M |
|
339
Sun Communities
SUI
$15.8B
| $549M | 0.05% |
4,371,563
+164,911
| +4% | +$24.9M |
|
340
Jack Henry & Associates
JKHY
$11.4B
| $548M | 0.05% |
3,527,145
-58,747
| -2% | -$9.12M |
|
341
Quest Diagnostics
DGX
$26B
| $548M | 0.05% |
6,818,798
+179,263
| +3% | +$18.6M |
|
342
Yum China
YUMC
$15.7B
| $546M | 0.05% |
12,797,155
+332,917
| +3% | +$14.8M |
|
343
lululemon athletica
LULU
$13.5B
| $545M | 0.05% |
2,874,929
+123,523
| +4% | +$27.6M |
|
344
Labcorp
LH
$25.2B
| $545M | 0.05% |
5,015,243
-63,021
| -1% | -$9.08M |
|
345
Invitation Homes
INVH
$17.9B
| $540M | 0.05% |
25,265,225
+973,954
| +4% | +$27.6M |
|
346
Align Technology
ALGN
$12.9B
| $539M | 0.05% |
3,099,273
+860
| +0% | +$206K |
|
347
D.R. Horton
DHI
$41.2B
| $538M | 0.05% |
15,816,620
+223,481
| +1% | +$11.6M |
|
348
NetEase
NTES
$83B
| $537M | 0.05% |
8,370,630
+472,710
| +6% | +$31.1M |
|
349
Aptiv
APTV
$12.3B
| $529M | 0.05% |
10,750,941
-49,499
| -0.5% | -$3.88M |
|
350
Weyerhaeuser
WY
$17.6B
| $527M | 0.05% |
31,068,314
-901,626
| -3% | -$23.7M |
|
Similar funds
State Street's Q1 2020 Portfolio in Review
As of Q1 2020, State Street held 3,857 positions worth $1.14T, down 22% from $1.46T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q1 2020: portfolio turnover was 3.9%. State Street opened 51 new positions and exited 98, leaving the 3,857-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 18% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2020 buy was iShares MSCI Taiwan ETF: 4,808,920 shares worth $159M.
- State Street added most to Prologis in Q1 2020, an estimated $615M increase.
- State Street's biggest Q1 2020 reduction was Amazon, cutting an estimated $1.24B.
- State Street fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $712M.
- State Street's ten largest holdings make up 20% of its $1.14T portfolio in Q1 2020.
- State Street opened 51 new positions and closed 98 in Q1 2020.
- State Street's portfolio value fell 22% quarter-over-quarter to $1.14T.
Based on State Street's 13F filing for Q1 2020, filed 11 May 2020.