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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
NiSource
NI
$21.9B
| $620M | 0.04% |
22,594,019
-138,769
| -0.6% | -$3.65M |
|
|
VMW
427
DELISTED
VMware, Inc
VMW
| $617M | 0.04% |
5,024,438
+78,991
| +2% | +$9.11M |
|
428
State Street SPDR Bloomberg 1-10 Year TIPS ETF
TIPX
$2.01B
| $615M | 0.04% |
33,346,606
+3,089,010
| +10% | +$57M |
|
429
Campbell Soup
CPB
$6.8B
| $613M | 0.04% |
10,803,391
+184,406
| +2% | +$9.67M |
|
430
First Solar
FSLR
$21.8B
| $612M | 0.04% |
4,087,517
+982,871
| +32% | +$146M |
|
431
RLI Corp
RLI
$5.97B
| $609M | 0.04% |
9,279,036
+140,434
| +2% | +$8.73M |
|
432
Las Vegas Sands
LVS
$32B
| $608M | 0.04% |
12,649,749
-363,491
| -3% | -$15.4M |
|
|
HZNP
433
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $603M | 0.04% |
5,296,318
-436,069
| -8% | -$36.2M |
|
434
Nordson
NDSN
$16.9B
| $602M | 0.04% |
2,524,233
+56,020
| +2% | +$12.8M |
|
435
Cboe Global Markets
CBOE
$31.1B
| $598M | 0.04% |
4,762,984
+10,098
| +0.2% | +$1.25M |
|
436
Apollo Global Management
APO
$71.9B
| $595M | 0.03% |
9,321,109
-101,658
| -1% | -$6.04M |
|
437
RPM International
RPM
$14.3B
| $595M | 0.03% |
6,101,402
-298,955
| -5% | -$29M |
|
438
Leggett & Platt
LEG
$1.47B
| $592M | 0.03% |
18,129,676
+1,710,674
| +10% | +$57.6M |
|
439
JB Hunt Transport Services
JBHT
$26.1B
| $587M | 0.03% |
3,369,376
-55,416
| -2% | -$9.67M |
|
440
Leidos
LDOS
$14.9B
| $582M | 0.03% |
5,535,589
-9,634
| -0.2% | -$986K |
|
441
United Bankshares
UBSI
$6.71B
| $582M | 0.03% |
14,243,920
-1,117,044
| -7% | -$45.3M |
|
442
Paycom
PAYC
$7.54B
| $579M | 0.03% |
1,867,325
+17,860
| +1% | +$5.76M |
|
443
NVR
NVR
$17.3B
| $578M | 0.03% |
125,385
-4,881
| -4% | -$21.5M |
|
444
SolarEdge
SEDG
$2.44B
| $571M | 0.03% |
2,017,126
-39,506
| -2% | -$10.5M |
|
|
GRMN
445
Garmin
GRMN
$48.9B
| $571M | 0.03% |
6,182,667
-615,561
| -9% | -$54.4M |
|
446
Teleflex
TFX
$5.94B
| $570M | 0.03% |
2,284,374
+248,635
| +12% | +$54.9M |
|
447
Etsy
ETSY
$8.21B
| $567M | 0.03% |
4,731,838
-134,237
| -3% | -$15.4M |
|
448
Pinnacle West Capital
PNW
$12.8B
| $566M | 0.03% |
7,444,222
-190,400
| -2% | -$13.6M |
|
449
LKQ Corp
LKQ
$6.77B
| $565M | 0.03% |
10,580,190
-383,373
| -3% | -$20.3M |
|
|
PARA
450
DELISTED
Paramount Global Class B
PARA
| $564M | 0.03% |
32,930,182
+118,111
| +0.4% | +$2.17M |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.