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 | |
|---|---|---|---|---|---|---|
476
KKR & Co
KKR
$90.7B
| $501M | 0.03% |
10,797,301
-471,974
| -4% | -$23M |
|
477
Trimble
TRMB
$13.3B
| $499M | 0.03% |
9,873,960
-87,287
| -0.9% | -$4.86M |
|
478
CubeSmart
CUBE
$9.34B
| $499M | 0.03% |
12,251,583
+2,734,861
| +29% | +$110M |
|
479
Tyler Technologies
TYL
$13.3B
| $499M | 0.03% |
1,546,355
-1,363
| -0.1% | -$445K |
|
480
First Horizon
FHN
$12.1B
| $498M | 0.03% |
20,194,825
+1,640,430
| +9% | +$39.8M |
|
481
Fair Isaac
FICO
$26.4B
| $496M | 0.03% |
828,395
+16,969
| +2% | +$8.93M |
|
482
MDU Resources
MDU
$4.17B
| $495M | 0.03% |
42,646,846
-1,617,514
| -4% | -$18.2M |
|
483
Match Group
MTCH
$9.17B
| $495M | 0.03% |
11,939,845
-3,467
| -0% | -$157K |
|
484
Expedia Group
EXPE
$35.2B
| $493M | 0.03% |
5,625,316
-101,972
| -2% | -$9.65M |
|
485
Globe Life
GL
$14.2B
| $489M | 0.03% |
4,059,071
+14,414
| +0.4% | +$1.65M |
|
486
MarketAxess Holdings
MKTX
$5.78B
| $484M | 0.03% |
1,735,105
-2,204
| -0.1% | -$567K |
|
487
Celanese
CE
$4.91B
| $482M | 0.03% |
4,712,171
-12,560
| -0.3% | -$1.25M |
|
488
PTC
PTC
$15.7B
| $481M | 0.03% |
4,008,753
-49,618
| -1% | -$5.94M |
|
|
NVO
489
Novo Nordisk
NVO
$228B
| $472M | 0.03% |
6,975,886
-81,744
| -1% | -$4.79M |
|
490
Sonoco
SON
$5.62B
| $468M | 0.03% |
7,706,973
-198,518
| -3% | -$11.9M |
|
491
NRG Energy
NRG
$28.3B
| $467M | 0.03% |
14,683,342
-509,229
| -3% | -$20.1M |
|
492
Veeva Systems
VEEV
$32.7B
| $463M | 0.03% |
2,871,435
-39,765
| -1% | -$6.79M |
|
493
Bank OZK
OZK
$5.57B
| $463M | 0.03% |
11,556,559
-1,137,673
| -9% | -$48.8M |
|
494
Pultegroup
PHM
$24.5B
| $462M | 0.03% |
10,115,120
-593,302
| -6% | -$25M |
|
|
LSI
495
DELISTED
Life Storage, Inc.
LSI
| $461M | 0.03% |
4,675,767
+118,554
| +3% | +$12.4M |
|
|
JNPR
496
DELISTED
Juniper Networks
JNPR
| $458M | 0.03% |
14,325,682
-235,810
| -2% | -$7.14M |
|
497
Invesco
IVZ
$13B
| $456M | 0.03% |
25,373,733
-40,410
| -0.2% | -$691K |
|
498
Gaming and Leisure Properties
GLPI
$12.7B
| $456M | 0.03% |
8,756,105
+154,270
| +2% | +$7.7M |
|
|
SGEN
499
DELISTED
Seagen Inc. Common Stock
SGEN
| $456M | 0.03% |
3,546,853
+90,920
| +3% | +$11.7M |
|
500
Reliance Steel & Aluminium
RS
$20.5B
| $456M | 0.03% |
2,250,102
+78,400
| +4% | +$15.6M |
|
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.