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 | |
|---|---|---|---|---|---|---|
326
ResMed
RMD
$32.4B
| $1.08B | 0.05% |
6,290,089
+126,634
| +2% | +$19.5M |
|
327
Huntington Bancshares
HBAN
$35.5B
| $1.05B | 0.05% |
81,997,246
+7,661,562
| +10% | +$83.8M |
|
328
EQT Corp
EQT
$33B
| $1.05B | 0.05% |
27,164,887
+1,569,413
| +6% | +$63.6M |
|
329
McCormick & Company Non-Voting
MKC
$14B
| $1.04B | 0.05% |
15,140,854
+993,077
| +7% | +$65M |
|
|
PPL
330
PPL Corp
PPL
$26.5B
| $1.04B | 0.05% |
38,125,238
+703,840
| +2% | +$17.9M |
|
331
eBay
EBAY
$48.7B
| $1.04B | 0.05% |
23,886,259
+711,904
| +3% | +$29.5M |
|
332
Omnicom Group
OMC
$22.4B
| $1.04B | 0.05% |
11,939,109
+1,599,026
| +15% | +$126M |
|
333
NVR
NVR
$16.8B
| $1.04B | 0.05% |
148,623
+5,436
| +4% | +$33.5M |
|
334
Mid-America Apartment Communities
MAA
$15.5B
| $1.04B | 0.05% |
7,727,634
+194,531
| +3% | +$24.7M |
|
335
Willis Towers Watson
WTW
$31.5B
| $1.04B | 0.05% |
4,278,553
+51,634
| +1% | +$11.9M |
|
336
Expeditors International
EXPD
$23.7B
| $1.03B | 0.05% |
8,083,897
-214,566
| -3% | -$25.3M |
|
337
Ameren
AEE
$30.3B
| $1.02B | 0.05% |
14,167,092
+838,595
| +6% | +$63.8M |
|
338
Fortive
FTV
$18.3B
| $1.02B | 0.05% |
18,420,825
+680,556
| +4% | +$35.9M |
|
339
Dover
DOV
$28.3B
| $1.01B | 0.05% |
6,594,374
-18,074
| -0.3% | -$2.53M |
|
340
Cincinnati Financial
CINF
$27.5B
| $1.01B | 0.05% |
9,700,509
-47,984
| -0.5% | -$4.87M |
|
341
CMS Energy
CMS
$22.5B
| $998M | 0.05% |
17,190,926
+596,738
| +4% | +$33.3M |
|
342
Tractor Supply
TSCO
$17.4B
| $996M | 0.05% |
23,163,685
+50,725
| +0.2% | +$2.07M |
|
343
Broadridge
BR
$19.5B
| $994M | 0.05% |
4,814,385
+209,431
| +5% | +$38.6M |
|
344
Ulta Beauty
ULTA
$23.4B
| $992M | 0.05% |
2,024,382
+33,871
| +2% | +$14.3M |
|
345
Aptiv
APTV
$10.1B
| $992M | 0.05% |
11,055,544
+332,192
| +3% | +$28.6M |
|
346
Corning
GLW
$137B
| $980M | 0.05% |
32,173,188
+1,267,722
| +4% | +$36.2M |
|
347
Iron Mountain
IRM
$37.3B
| $974M | 0.05% |
13,792,936
+599,533
| +5% | +$37.6M |
|
348
Host Hotels & Resorts
HST
$17.1B
| $969M | 0.05% |
48,681,095
+1,410,501
| +3% | +$24.2M |
|
349
Builders FirstSource
BLDR
$8.11B
| $969M | 0.05% |
5,807,006
+757,496
| +15% | +$101M |
|
350
Jacobs Solutions
J
$16.8B
| $967M | 0.05% |
9,007,155
+131,846
| +1% | +$14.4M |
|
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.