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 |
Bristol-Myers Squibb
BMY
|
+$1.79B |
| 2 |
Truist Financial
TFC
|
+$1.36B |
| 3 |
Alibaba
BABA
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$945M |
| 5 |
Las Vegas Sands
LVS
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$2.96B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$1.4B |
| 3 |
Cummins
CMI
|
+$607M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$414M |
| 5 |
RTX Corp
RTX
|
+$402M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.83% |
| 2 | Financials | 15.11% |
| 3 | Healthcare | 13.45% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Gen Digital
GEN
$16.7B
| $662M | 0.05% |
25,950,645
+291,831
| +1% | +$7.13M |
|
377
MarketAxess Holdings
MKTX
$4.31B
| $655M | 0.04% |
1,727,556
+61,232
| +4% | +$22.5M |
|
|
CTXS
378
DELISTED
Citrix Systems Inc
CTXS
| $649M | 0.04% |
5,855,070
+393,838
| +7% | +$42.4M |
|
379
Xylem
XYL
$29.8B
| $647M | 0.04% |
8,212,334
-9,528
| -0.1% | -$742K |
|
380
Take-Two Interactive
TTWO
$46B
| $644M | 0.04% |
5,259,664
+151,030
| +3% | +$18.4M |
|
381
Expedia Group
EXPE
$35.1B
| $643M | 0.04% |
5,942,486
+95,845
| +2% | +$11.2M |
|
382
Franklin Resources
BEN
$17.3B
| $642M | 0.04% |
24,478,938
+3,130,149
| +15% | +$85.1M |
|
383
FMC
FMC
$1.42B
| $641M | 0.04% |
6,388,776
-68,174
| -1% | -$6.34M |
|
384
lululemon athletica
LULU
$13.8B
| $637M | 0.04% |
2,751,406
+26,073
| +1% | +$5.56M |
|
385
Ulta Beauty
ULTA
$21.6B
| $636M | 0.04% |
2,512,974
-26,295
| -1% | -$6.43M |
|
386
Seagate
STX
$165B
| $635M | 0.04% |
10,551,343
+102,840
| +1% | +$5.91M |
|
387
Sun Communities
SUI
$15.6B
| $635M | 0.04% |
4,206,652
-299,641
| -7% | -$46.7M |
|
388
Darden Restaurants
DRI
$24B
| $629M | 0.04% |
5,770,672
-81,483
| -1% | -$9.25M |
|
389
Broadridge
BR
$18.6B
| $627M | 0.04% |
5,054,211
-115,376
| -2% | -$14.1M |
|
390
NVR
NVR
$17.3B
| $627M | 0.04% |
164,637
+6,351
| +4% | +$23.5M |
|
391
Howmet Aerospace
HWM
$114B
| $625M | 0.04% |
26,501,107
-1,198,478
| -4% | -$26.8M |
|
392
Akamai
AKAM
$16.3B
| $624M | 0.04% |
7,225,652
+108,254
| +2% | +$9.47M |
|
|
TIF
393
DELISTED
Tiffany & Co.
TIF
| $622M | 0.04% |
4,637,503
-74,637
| -2% | -$8.82M |
|
394
Fortinet
FTNT
$111B
| $619M | 0.04% |
28,971,125
-252,910
| -0.9% | -$4.76M |
|
|
NBL
395
DELISTED
Noble Energy, Inc.
NBL
| $617M | 0.04% |
24,819,965
+537,272
| +2% | +$11.4M |
|
396
NetApp
NTAP
$33.9B
| $614M | 0.04% |
9,863,048
-375,252
| -4% | -$21.9M |
|
397
Masco
MAS
$16.8B
| $611M | 0.04% |
12,736,477
+36,079
| +0.3% | +$1.64M |
|
398
Cencora
COR
$61.7B
| $610M | 0.04% |
7,175,794
+16,080
| +0.2% | +$1.38M |
|
399
CarMax
KMX
$8.26B
| $608M | 0.04% |
6,935,248
-65,684
| -0.9% | -$6.18M |
|
|
GRMN
400
Garmin
GRMN
$48.8B
| $607M | 0.04% |
6,222,634
-39,553
| -0.6% | -$3.69M |
|
Similar funds
State Street's Q4 2019 Portfolio in Review
As of Q4 2019, State Street held 3,899 positions worth $1.46T, up 8.8% from $1.34T the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.8%. State Street opened 94 new positions and exited 92, leaving the 3,899-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 98,000 shares worth $114M.
- State Street added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.79B increase.
- State Street's biggest Q4 2019 reduction was Cummins, cutting an estimated $607M.
- State Street fully exited Celgene Corp in Q4 2019, selling an estimated $2.96B.
- State Street's ten largest holdings make up 18% of its $1.46T portfolio in Q4 2019.
- State Street opened 94 new positions and closed 92 in Q4 2019.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q4 2019, filed 6 Feb 2020.