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 | |
|---|---|---|---|---|---|---|
476
UGI
UGI
$7.91B
| $295M | 0.03% |
9,700,826
+259,332
| +3% | +$7.47M |
|
|
FLG
477
Flagstar Bank National Association
FLG
$5.74B
| $295M | 0.03% |
6,111,297
+143,272
| +2% | +$6.97M |
|
478
Hasbro
HAS
$12.8B
| $293M | 0.03% |
5,263,278
-229,169
| -4% | -$12.2M |
|
|
DBD
479
DELISTED
Diebold Nixdorf Incorporated
DBD
| $292M | 0.03% |
7,330,984
+224,569
| +3% | +$8.08M |
|
480
Equinix
EQIX
$103B
| $291M | 0.03% |
1,571,989
-6,636
| -0.4% | -$1.22M |
|
481
Polaris
PII
$4.25B
| $290M | 0.03% |
2,074,206
+67,192
| +3% | +$9.06M |
|
482
National Fuel Gas
NFG
$7.67B
| $287M | 0.03% |
4,101,998
-4,713
| -0.1% | -$345K |
|
|
SEE
483
DELISTED
Sealed Air
SEE
| $287M | 0.03% |
8,731,627
-64,911
| -0.7% | -$2.12M |
|
484
Under Armour
UAA
$3.02B
| $286M | 0.03% |
10,045,267
-14,816
| -0.1% | -$385K |
|
|
DNR
485
DELISTED
Denbury Resources, Inc.
DNR
| $286M | 0.03% |
17,411,895
-1,327,620
| -7% | -$21.6M |
|
|
EV
486
DELISTED
Eaton Vance Corp.
EV
| $284M | 0.03% |
7,443,870
-385
| -0% | -$14.8K |
|
487
Old Republic International
ORI
$10.5B
| $284M | 0.03% |
17,289,134
+904,400
| +6% | +$14.4M |
|
488
Realty Income
O
$61.1B
| $282M | 0.03% |
7,116,118
+222,249
| +3% | +$8.82M |
|
|
BEAV
489
DELISTED
B/E Aerospace Inc
BEAV
| $281M | 0.03% |
4,472,101
+157,354
| +4% | +$9.52M |
|
|
ENDP
490
DELISTED
Endo International plc
ENDP
| $280M | 0.03% |
4,071,567
+567,067
| +16% | +$40.2M |
|
491
Huntington Ingalls Industries
HII
$11.4B
| $279M | 0.03% |
2,727,369
+53,871
| +2% | +$5.22M |
|
492
Fidelity National Financial
FNF
$14B
| $278M | 0.03% |
15,502,741
+1,348,146
| +10% | +$24.3M |
|
493
Xylem
XYL
$28.6B
| $277M | 0.03% |
7,613,886
-283,019
| -4% | -$10.3M |
|
494
United Airlines
UAL
$39.1B
| $273M | 0.03% |
6,106,350
+1,498,760
| +33% | +$67.4M |
|
495
O-I Glass
OI
$1.41B
| $272M | 0.03% |
8,031,645
+22,203
| +0.3% | +$738K |
|
|
CIT
496
DELISTED
CIT Group Inc.
CIT
| $271M | 0.03% |
5,535,879
-115,341
| -2% | -$5.62M |
|
|
TFCF
497
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $271M | 0.03% |
8,718,485
-2,214,424
| -20% | -$70.8M |
|
|
GRMN
498
Garmin
GRMN
$46.8B
| $270M | 0.03% |
4,878,556
-491,686
| -9% | -$24.3M |
|
499
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.78B
| $269M | 0.03% |
9,411,722
-75,972
| -0.8% | -$2.16M |
|
500
BioMarin Pharmaceuticals
BMRN
$11.6B
| $265M | 0.03% |
3,891,758
+706,677
| +22% | +$52.1M |
|
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.