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 |
Verizon
VZ
|
+$2.09B |
| 2 |
General Motors
GM
|
+$286M |
| 3 |
VER
VEREIT, Inc.
VER
|
+$271M |
| 4 |
PBCT
People's United Financial Inc
PBCT
|
+$264M |
| 5 |
Cullen/Frost Bankers
CFR
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.39B |
| 2 |
Microsoft
MSFT
|
+$1.21B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$959M |
| 4 |
IBM
IBM
|
+$828M |
| 5 |
Johnson & Johnson
JNJ
|
+$822M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.56% |
| 2 | Industrials | 13.3% |
| 3 | Healthcare | 12.79% |
| 4 | Technology | 12.63% |
| 5 | Energy | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Leggett & Platt
LEG
$1.5B
| $482M | 0.05% |
14,759,000
-151,498
| -1% | -$4.69M |
|
352
Keurig Dr Pepper
KDP
$41B
| $478M | 0.05% |
8,773,726
-361,719
| -4% | -$18.2M |
|
|
NLSN
353
DELISTED
Nielsen Holdings plc
NLSN
| $478M | 0.05% |
10,703,513
+729,624
| +7% | +$32.6M |
|
354
NRG Energy
NRG
$28.8B
| $476M | 0.05% |
14,967,017
-483,407
| -3% | -$13.9M |
|
355
SLM Corp
SLM
$4.78B
| $471M | 0.05% |
53,785,218
-3,649,938
| -6% | -$31.9M |
|
356
Vanguard Total Bond Market
BND
$158B
| $470M | 0.05% |
5,794,351
-377,096
| -6% | -$30.5M |
|
|
ALTR
357
DELISTED
Altera Corp
ALTR
| $461M | 0.05% |
12,720,491
-568,357
| -4% | -$19.5M |
|
|
CMA
358
DELISTED
Comerica
CMA
| $457M | 0.05% |
8,824,565
-280,745
| -3% | -$13.5M |
|
359
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.05B
| $456M | 0.05% |
3,676,392
-690,687
| -16% | -$84.9M |
|
|
CA
360
DELISTED
CA, Inc.
CA
| $455M | 0.05% |
14,694,836
-648,015
| -4% | -$21.1M |
|
361
FMC
FMC
$1.39B
| $454M | 0.05% |
6,841,568
-67,542
| -1% | -$4.39M |
|
|
LLL
362
DELISTED
L3 Technologies, Inc.
LLL
| $454M | 0.05% |
3,839,713
-289,769
| -7% | -$32.4M |
|
363
Transocean
RIG
$5.84B
| $452M | 0.05% |
10,931,080
-15,036
| -0.1% | -$654K |
|
|
KSU
364
DELISTED
Kansas City Southern
KSU
| $450M | 0.05% |
4,413,482
-234,158
| -5% | -$24.1M |
|
365
NVIDIA
NVDA
$4.76T
| $450M | 0.05% |
1,004,696,840
-110,862,120
| -10% | -$47.4M |
|
366
AES
AES
$10.6B
| $449M | 0.05% |
31,441,733
+88,832
| +0.3% | +$1.25M |
|
367
Flowserve
FLS
$9.29B
| $448M | 0.05% |
5,716,268
-324,195
| -5% | -$24.9M |
|
|
COL
368
DELISTED
Rockwell Collins
COL
| $447M | 0.05% |
5,613,036
-277,457
| -5% | -$21.8M |
|
|
GAP
369
The Gap Inc
GAP
$7.07B
| $441M | 0.05% |
11,008,719
-1,025,670
| -9% | -$41.5M |
|
370
NNN REIT
NNN
$9.36B
| $438M | 0.05% |
12,774,239
-204,896
| -2% | -$6.84M |
|
371
J.M. Smucker
SJM
$12.9B
| $437M | 0.05% |
4,494,367
-174,775
| -4% | -$17M |
|
372
Autodesk
ADSK
$47.7B
| $436M | 0.05% |
8,874,589
-379,355
| -4% | -$19.7M |
|
373
Textron
TXT
$16.7B
| $435M | 0.05% |
11,069,947
-608,461
| -5% | -$22.7M |
|
|
PLL
374
DELISTED
PALL CORP
PLL
| $432M | 0.05% |
4,830,881
-277,687
| -5% | -$23.5M |
|
375
Labcorp
LH
$24.7B
| $430M | 0.05% |
5,095,207
+93,743
| +2% | +$7.48M |
|
Similar funds
State Street's Q1 2014 Portfolio in Review
As of Q1 2014, State Street held 3,709 positions worth $880B, down 2.1% from $899B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street withdrew a net $31.9B in Q1 2014, closing 67 positions and reducing 1,439 holdings. Its most notable exit was LIFE TECHNOLOGIES CORP COM STK (DE), an estimated $666M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, State Street opened a new position in State Street Technology Select Sector SPDR ETF worth $103M.
- State Street's largest Q1 2014 buy was State Street Technology Select Sector SPDR ETF: 5,688,830 shares worth $103M.
- State Street added most to Verizon in Q1 2014, an estimated $2.09B increase.
- State Street's biggest Q1 2014 reduction was Apple, cutting an estimated $1.39B.
- State Street fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $666M.
- State Street's ten largest holdings make up 15% of its $880B portfolio in Q1 2014.
- State Street opened 77 new positions and closed 67 in Q1 2014.
- State Street's portfolio value fell 2.1% quarter-over-quarter to $880B.
Based on State Street's 13F filing for Q1 2014, filed 13 May 2014.