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 | |
|---|---|---|---|---|---|---|
501
PVH
PVH
$4B
| $326M | 0.03% |
3,611,504
+334,594
| +10% | +$35.2M |
|
|
HBI
502
DELISTED
Hanesbrands
HBI
| $324M | 0.03% |
15,043,919
+614,493
| +4% | +$14.7M |
|
503
RenaissanceRe
RNR
$13.8B
| $323M | 0.03% |
2,373,698
-141,973
| -6% | -$18.2M |
|
|
HAR
504
DELISTED
Harman International Industries
HAR
| $323M | 0.03% |
2,907,421
+146,608
| +5% | +$14.2M |
|
|
SWN
505
DELISTED
Southwestern Energy Company
SWN
| $319M | 0.03% |
29,438,116
+2,366,618
| +9% | +$27.1M |
|
506
Essential Utilities
WTRG
$11.6B
| $318M | 0.03% |
10,595,357
+1,708,561
| +19% | +$51M |
|
507
Avery Dennison
AVY
$13B
| $318M | 0.03% |
4,528,426
+228,265
| +5% | +$16.6M |
|
508
VeriSign
VRSN
$25.4B
| $316M | 0.03% |
4,149,073
-90,152
| -2% | -$7.13M |
|
509
BioMarin Pharmaceuticals
BMRN
$12.1B
| $310M | 0.03% |
3,743,112
+108,065
| +3% | +$9.29M |
|
510
Bank OZK
OZK
$5.59B
| $308M | 0.03% |
5,851,982
+226,169
| +4% | +$10.1M |
|
511
Black Hills Corp
BKH
$5.73B
| $303M | 0.03% |
4,939,336
+199,795
| +4% | +$11.9M |
|
512
East-West Bancorp
EWBC
$18B
| $300M | 0.03% |
5,894,892
+302,139
| +5% | +$13.4M |
|
513
T-Mobile US
TMUS
$198B
| $299M | 0.03% |
5,190,680
-39,961
| -0.8% | -$2.09M |
|
514
Packaging Corp of America
PKG
$22.8B
| $297M | 0.03% |
3,504,326
-49,244
| -1% | -$4.13M |
|
515
A.O. Smith
AOS
$8.86B
| $297M | 0.03% |
6,267,617
-1,192,121
| -16% | -$57.5M |
|
516
Bunge Global
BG
$22.7B
| $296M | 0.03% |
4,094,372
-24,314
| -0.6% | -$1.62M |
|
|
JWN
517
DELISTED
Nordstrom
JWN
| $296M | 0.03% |
6,169,573
-106,807
| -2% | -$5.8M |
|
|
EVHC
518
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $296M | 0.03% |
4,669,174
+3,057,681
| +190% | +$200M |
|
|
WWAV
519
DELISTED
The WhiteWave Foods Company
WWAV
| $295M | 0.03% |
5,313,815
-36,985
| -0.7% | -$2.02M |
|
520
Jacobs Solutions
J
$16.4B
| $295M | 0.03% |
6,249,411
+345,874
| +6% | +$15.9M |
|
521
SEI Investments
SEIC
$12.4B
| $294M | 0.03% |
5,950,391
+94,471
| +2% | +$4.42M |
|
|
WGL
522
DELISTED
Wgl Holdings
WGL
| $294M | 0.03% |
3,848,511
+8,308
| +0.2% | +$559K |
|
523
Lincoln Electric
LECO
$14.5B
| $293M | 0.03% |
3,826,757
-346,345
| -8% | -$24.8M |
|
524
Donaldson
DCI
$11.1B
| $293M | 0.03% |
6,960,625
-592,093
| -8% | -$23.5M |
|
525
National Fuel Gas
NFG
$7.74B
| $293M | 0.03% |
5,164,235
-567,583
| -10% | -$31.1M |
|
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.