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 |
Berkshire Hathaway Class B
BRK.B
|
+$976M |
| 2 |
JPMorgan Chase
JPM
|
+$903M |
| 3 |
Wells Fargo
WFC
|
+$878M |
| 4 |
ExxonMobil
XOM
|
+$726M |
| 5 |
Bank of America
BAC
|
+$638M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alcoa
AA
|
+$590M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$447M |
| 3 |
Yum! Brands
YUM
|
+$387M |
| 4 |
Lockheed Martin
LMT
|
+$327M |
| 5 |
PNY
PIEDMONT NATURAL GAS CO INC(NC
PNY
|
+$245M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.01% |
| 2 | Technology | 12.87% |
| 3 | Healthcare | 12.87% |
| 4 | Industrials | 12.01% |
| 5 | Consumer Discretionary | 8.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Huntington Ingalls Industries
HII
$11.4B
| $528M | 0.05% |
2,863,902
+228,650
| +9% | +$38.8M |
|
377
Verisk Analytics
VRSK
$27.1B
| $521M | 0.05% |
6,419,447
+370,778
| +6% | +$30.4M |
|
378
Campbell Soup
CPB
$6.67B
| $520M | 0.05% |
8,601,376
+339,745
| +4% | +$19M |
|
|
TFCF
379
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $518M | 0.05% |
19,008,483
+1,237,915
| +7% | +$33.2M |
|
380
CarMax
KMX
$8.29B
| $514M | 0.05% |
7,987,810
+270,592
| +4% | +$15.2M |
|
381
Macy's
M
$6.57B
| $513M | 0.05% |
14,316,051
+508,094
| +4% | +$19.8M |
|
382
Perrigo
PRGO
$1.4B
| $510M | 0.05% |
6,123,832
+258,144
| +4% | +$22.4M |
|
383
KLA
KLAC
$266B
| $509M | 0.05% |
64,651,470
+1,395,630
| +2% | +$10.7M |
|
384
Masco
MAS
$16.4B
| $507M | 0.05% |
16,041,738
+808,972
| +5% | +$25.9M |
|
385
Unum
UNM
$13.8B
| $507M | 0.05% |
11,545,514
+983,874
| +9% | +$39.4M |
|
|
HOLX
386
DELISTED
Hologic
HOLX
| $502M | 0.05% |
12,521,146
+1,117,759
| +10% | +$43.1M |
|
|
XL
387
DELISTED
XL Group Ltd.
XL
| $502M | 0.05% |
13,470,432
+252,920
| +2% | +$9.07M |
|
388
L3Harris
LHX
$56.5B
| $502M | 0.05% |
4,896,894
+76,567
| +2% | +$7.57M |
|
389
TechnipFMC
FTI
$29.9B
| $491M | 0.05% |
18,578,707
+1,037,612
| +6% | +$26M |
|
390
Atmos Energy
ATO
$29.7B
| $489M | 0.05% |
6,595,562
+303,055
| +5% | +$21.9M |
|
|
RHT
391
DELISTED
Red Hat Inc
RHT
| $486M | 0.05% |
6,969,682
+236,522
| +4% | +$18.3M |
|
392
Tesla
TSLA
$1.22T
| $485M | 0.05% |
34,072,260
+2,203,515
| +7% | +$29M |
|
393
Brown-Forman Class B
BF.B
$12.6B
| $483M | 0.05% |
16,805,913
-17,389
| -0.1% | -$508K |
|
394
Cullen/Frost Bankers
CFR
$10.3B
| $482M | 0.05% |
5,458,895
-442,596
| -7% | -$35.5M |
|
395
DaVita
DVA
$15.2B
| $481M | 0.05% |
7,495,098
-251,317
| -3% | -$15.7M |
|
|
JNPR
396
DELISTED
Juniper Networks
JNPR
| $480M | 0.05% |
16,988,725
-54,237
| -0.3% | -$1.41M |
|
|
DRE
397
DELISTED
Duke Realty Corp.
DRE
| $477M | 0.04% |
17,976,143
-114,696
| -0.6% | -$2.92M |
|
398
C.H. Robinson
CHRW
$20.6B
| $476M | 0.04% |
6,496,808
+592,624
| +10% | +$42.9M |
|
399
Pinnacle West Capital
PNW
$12.8B
| $476M | 0.04% |
6,095,680
-46,265
| -0.8% | -$3.47M |
|
|
CA
400
DELISTED
CA, Inc.
CA
| $475M | 0.04% |
14,953,694
+1,323,670
| +10% | +$42.3M |
|
Similar funds
State Street's Q4 2016 Portfolio in Review
As of Q4 2016, State Street held 3,765 positions worth $1.06T, up 7.1% from $992B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street deployed $34.4B of net new capital in Q4 2016, opening 169 new positions and adding to 2,628 existing holdings. Its largest new stake was Howmet Aerospace: 24,919,256 shares worth $354M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Alcoa, an estimated $590M trimmed.
- State Street's largest Q4 2016 buy was Howmet Aerospace: 24,919,256 shares worth $354M.
- State Street added most to Berkshire Hathaway Class B in Q4 2016, an estimated $976M increase.
- State Street's biggest Q4 2016 reduction was Alcoa, cutting an estimated $590M.
- State Street fully exited LinkedIn Corporation in Q4 2016, selling an estimated $447M.
- State Street's ten largest holdings make up 15% of its $1.06T portfolio in Q4 2016.
- State Street opened 169 new positions and closed 99 in Q4 2016.
- State Street's portfolio value rose 7.1% quarter-over-quarter to $1.06T.
Based on State Street's 13F filing for Q4 2016, filed 9 Feb 2017.