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 | |
|---|---|---|---|---|---|---|
|
TIF
401
DELISTED
Tiffany & Co.
TIF
| $380M | 0.04% |
4,412,775
-327,763
| -7% | -$29.1M |
|
402
Ralph Lauren
RL
$22.6B
| $378M | 0.04% |
2,350,131
-157,818
| -6% | -$25.4M |
|
403
Tractor Supply
TSCO
$16.7B
| $378M | 0.04% |
26,723,930
+3,975,080
| +17% | +$56.2M |
|
404
Cintas
CTAS
$84.4B
| $377M | 0.04% |
25,323,060
-2,153,396
| -8% | -$31.8M |
|
405
Microchip Technology
MCHP
$42.3B
| $376M | 0.04% |
15,725,708
-550,996
| -3% | -$12.6M |
|
406
Jefferies Financial Group
JEF
$13B
| $374M | 0.04% |
14,921,127
-9,941
| -0.1% | -$245K |
|
407
Lam Research
LRCX
$365B
| $373M | 0.04% |
67,894,640
+479,310
| +0.7% | +$2.55M |
|
408
Waters Corp
WAT
$36.4B
| $373M | 0.04% |
3,437,395
-184,133
| -5% | -$20M |
|
|
CFN
409
DELISTED
CAREFUSION CORPORATION
CFN
| $371M | 0.04% |
9,228,070
-307,932
| -3% | -$12.5M |
|
410
Quest Diagnostics
DGX
$25.6B
| $369M | 0.04% |
6,368,152
-192,834
| -3% | -$10.3M |
|
411
Affiliated Managers Group
AMG
$9.61B
| $368M | 0.04% |
1,837,958
+7,295
| +0.4% | +$1.43M |
|
412
Western Union
WU
$2.55B
| $368M | 0.04% |
22,466,373
-1,062,997
| -5% | -$17.3M |
|
413
Molson Coors Class B
TAP
$7.71B
| $366M | 0.04% |
6,224,479
-297,514
| -5% | -$16.6M |
|
|
ANDV
414
DELISTED
Andeavor
ANDV
| $363M | 0.04% |
7,173,320
-1,876,106
| -21% | -$97.5M |
|
|
XEC
415
DELISTED
CIMAREX ENERGY CO
XEC
| $361M | 0.04% |
3,030,813
+56,577
| +2% | +$6.07M |
|
416
Newell Brands
NWL
$2.2B
| $360M | 0.04% |
12,054,141
-343,352
| -3% | -$10.7M |
|
417
Ball Corp
BALL
$17.2B
| $360M | 0.04% |
13,138,338
-387,112
| -3% | -$10.3M |
|
|
FDO
418
DELISTED
FAMILY DOLLAR STORES
FDO
| $357M | 0.04% |
6,157,717
-455,673
| -7% | -$28.8M |
|
419
L3Harris
LHX
$56.5B
| $357M | 0.04% |
4,882,215
-236,273
| -5% | -$16.9M |
|
|
VAR
420
DELISTED
Varian Medical Systems, Inc.
VAR
| $356M | 0.04% |
4,837,607
-171,623
| -3% | -$12.4M |
|
421
International Flavors & Fragrances
IFF
$19.5B
| $355M | 0.04% |
3,710,754
-442
| -0% | -$39.7K |
|
|
422
Cullen/Frost Bankers
CFR
$10.3B
| $354M | 0.04% |
4,566,038
+1,945,844
| +74% | +$145M |
|
423
F5
FFIV
$23B
| $354M | 0.04% |
3,315,515
+82,880
| +3% | +$8.77M |
|
|
SCG
424
DELISTED
Scana
SCG
| $354M | 0.04% |
6,888,478
+63,855
| +0.9% | +$3.07M |
|
425
Henry Schein
HSIC
$9.64B
| $353M | 0.04% |
7,547,666
+33,831
| +0.5% | +$1.55M |
|
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.