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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Polaris
PII
$3.97B
| $486M | 0.03% |
4,397,116
-79,361
| -2% | -$8.79M |
|
502
Royal Gold
RGLD
$19.8B
| $486M | 0.03% |
3,745,294
-273,520
| -7% | -$33.7M |
|
503
Loews
L
$23.3B
| $484M | 0.03% |
8,338,846
-461,364
| -5% | -$27.3M |
|
504
Jack Henry & Associates
JKHY
$11B
| $483M | 0.03% |
3,204,604
+101,262
| +3% | +$16.9M |
|
505
Western Digital
WDC
$151B
| $482M | 0.03% |
16,932,449
+535,677
| +3% | +$15.7M |
|
506
MDU Resources
MDU
$4.29B
| $478M | 0.03% |
40,953,179
-1,693,667
| -4% | -$19.7M |
|
507
Qorvo
QRVO
$8.56B
| $476M | 0.03% |
4,682,748
+132,710
| +3% | +$13.5M |
|
508
Lincoln Electric
LECO
$15.1B
| $475M | 0.03% |
2,799,801
-36,893
| -1% | -$6.08M |
|
509
Flowers Foods
FLO
$1.51B
| $474M | 0.03% |
17,286,504
+11,637,370
| +206% | +$321M |
|
|
CTLT
510
DELISTED
CATALENT, INC.
CTLT
| $473M | 0.03% |
7,198,603
-168,718
| -2% | -$10.4M |
|
511
Cullen/Frost Bankers
CFR
$10.3B
| $472M | 0.03% |
4,481,205
+596,591
| +15% | +$74.3M |
|
512
Black Hills Corp
BKH
$5.62B
| $469M | 0.03% |
7,437,601
-79,453
| -1% | -$5.24M |
|
513
Match Group
MTCH
$8.43B
| $469M | 0.03% |
12,222,981
+283,136
| +2% | +$12.4M |
|
514
Fox Class A
FOXA
$26.6B
| $468M | 0.03% |
13,742,042
+102,146
| +0.7% | +$3.45M |
|
515
Gaming and Leisure Properties
GLPI
$12.5B
| $467M | 0.03% |
8,969,656
+213,551
| +2% | +$11.1M |
|
516
Bio-Techne
TECH
$11.2B
| $466M | 0.03% |
6,278,066
-73,164
| -1% | -$5.64M |
|
517
Masco
MAS
$14.7B
| $457M | 0.03% |
9,185,721
-82,293
| -0.9% | -$4.24M |
|
518
American Homes 4 Rent
AMH
$12.3B
| $456M | 0.03% |
14,486,807
+169,609
| +1% | +$5.41M |
|
519
Mercado Libre
MELI
$92.5B
| $454M | 0.03% |
344,403
-9,033
| -3% | -$10.3M |
|
520
Live Nation Entertainment
LYV
$43B
| $446M | 0.03% |
6,377,592
+110,977
| +2% | +$8.14M |
|
521
National Fuel Gas
NFG
$7.78B
| $446M | 0.03% |
7,658,888
+916,971
| +14% | +$53.2M |
|
522
Bio-Rad Laboratories Class A
BIO
$9.48B
| $442M | 0.02% |
921,852
-25,926
| -3% | -$12.1M |
|
523
Healthcare Realty
HR
$6.73B
| $439M | 0.02% |
22,728,519
+109,568
| +0.5% | +$2.21M |
|
524
Bank OZK
OZK
$5.63B
| $437M | 0.02% |
12,791,703
+1,235,144
| +11% | +$51.8M |
|
525
United Airlines
UAL
$40.2B
| $437M | 0.02% |
9,866,183
-246,490
| -2% | -$11.8M |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.