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 | |
|---|---|---|---|---|---|---|
401
D.R. Horton
DHI
$42.5B
| $475M | 0.04% |
17,364,580
+1,657,355
| +11% | +$47.4M |
|
402
Mettler-Toledo International
MTD
$27.9B
| $472M | 0.04% |
1,128,261
+35,043
| +3% | +$14.6M |
|
403
NNN REIT
NNN
$9.39B
| $470M | 0.04% |
10,626,839
+1,548,510
| +17% | +$68.3M |
|
404
F5
FFIV
$23.3B
| $468M | 0.04% |
3,236,822
-163,803
| -5% | -$22.2M |
|
405
Harley-Davidson
HOG
$2.64B
| $466M | 0.04% |
7,983,530
+89,330
| +1% | +$5.09M |
|
406
Ametek
AME
$55.7B
| $465M | 0.04% |
9,571,155
+479,261
| +5% | +$22.7M |
|
|
FRC
407
DELISTED
First Republic Bank
FRC
| $465M | 0.04% |
5,046,316
+651,265
| +15% | +$53.2M |
|
408
Cooper Companies
COO
$14.1B
| $465M | 0.04% |
10,632,400
+191,076
| +2% | +$8.35M |
|
409
Akamai
AKAM
$16.2B
| $463M | 0.04% |
6,949,602
+252,295
| +4% | +$16.1M |
|
410
Helmerich & Payne
HP
$3.26B
| $459M | 0.04% |
5,927,018
+295,670
| +5% | +$21M |
|
411
Alliant Energy
LNT
$19.3B
| $457M | 0.04% |
12,052,598
-59,784
| -0.5% | -$2.21M |
|
412
NetApp
NTAP
$33.9B
| $456M | 0.04% |
12,938,754
+289,680
| +2% | +$10.1M |
|
413
Waters Corp
WAT
$37.4B
| $455M | 0.04% |
3,387,254
+152,738
| +5% | +$21.8M |
|
414
Arthur J. Gallagher & Co
AJG
$67.5B
| $454M | 0.04% |
8,741,017
+711,975
| +9% | +$35.8M |
|
415
Chipotle Mexican Grill
CMG
$42.8B
| $450M | 0.04% |
59,641,150
+1,154,350
| +2% | +$9.11M |
|
416
Western Union
WU
$2.6B
| $447M | 0.04% |
20,575,488
+714,103
| +4% | +$14.8M |
|
417
Acuity Brands
AYI
$10.3B
| $444M | 0.04% |
1,923,652
+196,382
| +11% | +$47.7M |
|
418
Vanguard Total Bond Market
BND
$158B
| $435M | 0.04% |
5,382,576
-174,381
| -3% | -$14.3M |
|
|
ETFC
419
DELISTED
E*Trade Financial Corporation
ETFC
| $434M | 0.04% |
12,534,267
+955,318
| +8% | +$30.5M |
|
|
FL
420
DELISTED
Foot Locker
FL
| $430M | 0.04% |
6,061,366
+326,005
| +6% | +$23.2M |
|
|
WFM
421
DELISTED
Whole Foods Market Inc
WFM
| $426M | 0.04% |
13,852,077
+11,061
| +0.1% | +$333K |
|
|
SBNY
422
DELISTED
Signature Bank
SBNY
| $424M | 0.04% |
2,825,079
+208,954
| +8% | +$28.5M |
|
|
NFX
423
DELISTED
Newfield Exploration
NFX
| $421M | 0.04% |
10,404,230
+359,026
| +4% | +$15.3M |
|
424
Globe Life
GL
$13.8B
| $421M | 0.04% |
5,701,513
+423,222
| +8% | +$29M |
|
425
Alexandria Real Estate Equities
ARE
$9.29B
| $420M | 0.04% |
3,782,923
-40,929
| -1% | -$4.39M |
|
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.