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 | |
|---|---|---|---|---|---|---|
|
HAR
526
DELISTED
Harman International Industries
HAR
| $242M | 0.03% |
2,270,311
-193,379
| -8% | -$19.3M |
|
|
FTR
527
DELISTED
Frontier Communications Corp.
FTR
| $241M | 0.03% |
2,815,742
-134,611
| -5% | -$9.85M |
|
|
LSI
528
DELISTED
LSI CORPORATION
LSI
| $240M | 0.03% |
21,717,231
-2,341,358
| -10% | -$25.9M |
|
529
Toll Brothers
TOL
$14.5B
| $240M | 0.03% |
6,693,808
-47,444
| -0.7% | -$1.75M |
|
|
LM
530
DELISTED
Legg Mason, Inc.
LM
| $239M | 0.03% |
4,877,697
-144,095
| -3% | -$6.42M |
|
|
TW
531
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $239M | 0.03% |
2,096,969
+59,516
| +3% | +$6.93M |
|
|
ETFC
532
DELISTED
E*Trade Financial Corporation
ETFC
| $239M | 0.03% |
10,377,054
-212,880
| -2% | -$4.66M |
|
533
SBA Communications
SBAC
$19.1B
| $238M | 0.03% |
2,621,125
-67,016
| -2% | -$6.21M |
|
|
SBNY
534
DELISTED
Signature Bank
SBNY
| $238M | 0.03% |
1,892,626
-179,481
| -9% | -$21.9M |
|
|
GAS
535
DELISTED
AGL Resources Inc
GAS
| $237M | 0.03% |
4,846,583
-108,846
| -2% | -$5.13M |
|
536
Celanese
CE
$4.88B
| $236M | 0.03% |
4,251,463
+931,326
| +28% | +$49.6M |
|
|
TEG
537
DELISTED
INTEGRYS ENERGY GROUP INC COM (USA)
TEG
| $236M | 0.03% |
3,948,580
+39,858
| +1% | +$2.21M |
|
|
QEP
538
DELISTED
QEP RESOURCES, INC.
QEP
| $234M | 0.03% |
7,941,637
-69,726
| -0.9% | -$2.09M |
|
539
OGE Energy
OGE
$10.3B
| $229M | 0.03% |
6,233,557
-26,091
| -0.4% | -$912K |
|
|
ADT
540
DELISTED
ADT Corp
ADT
| $229M | 0.03% |
7,639,945
-886,006
| -10% | -$29.2M |
|
541
Cheniere Energy
LNG
$52.6B
| $228M | 0.03% |
4,125,592
+48,995
| +1% | +$2.35M |
|
|
ANSS
542
DELISTED
Ansys
ANSS
| $227M | 0.03% |
2,946,781
+4,130
| +0.1% | +$334K |
|
543
Allegion
ALLE
$13.8B
| $227M | 0.03% |
4,345,273
-511,445
| -11% | -$25.7M |
|
544
Alliant Energy
LNT
$19.3B
| $226M | 0.03% |
7,973,578
+136,148
| +2% | +$3.6M |
|
|
RDC
545
DELISTED
Rowan Companies Plc
RDC
| $226M | 0.03% |
6,716,932
+268,343
| +4% | +$8.77M |
|
546
United Rentals
URI
$70B
| $226M | 0.03% |
2,380,398
+17,009
| +0.7% | +$1.44M |
|
547
Assurant
AIZ
$13.9B
| $226M | 0.03% |
3,473,678
-230,254
| -6% | -$15.1M |
|
|
OCR
548
DELISTED
OMNICARE INC
OCR
| $225M | 0.03% |
3,776,811
+104,046
| +3% | +$6.31M |
|
549
Mettler-Toledo International
MTD
$27.9B
| $225M | 0.03% |
955,122
-3,911
| -0.4% | -$957K |
|
|
Y
550
DELISTED
Alleghany Corp
Y
| $225M | 0.03% |
552,509
-11,280
| -2% | -$4.37M |
|
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.