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 |
Amazon
AMZN
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$1.1B |
| 3 |
Home Depot
HD
|
+$1.06B |
| 4 |
Tesla
TSLA
|
+$578M |
| 5 |
Apple
AAPL
|
+$462M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.13B |
| 2 |
NVIDIA
NVDA
|
+$849M |
| 3 |
PepsiCo
PEP
|
+$767M |
| 4 |
NextEra Energy
NEE
|
+$634M |
| 5 |
SPLK
Splunk Inc
SPLK
|
+$588M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.96% |
| 2 | Financials | 12.96% |
| 3 | Healthcare | 12.68% |
| 4 | Consumer Discretionary | 9.9% |
| 5 | Industrials | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Toll Brothers
TOL
$14B
| $494M | 0.02% |
3,822,025
-53,425
| -1% | -$5.81M |
|
527
Essential Utilities
WTRG
$11.5B
| $493M | 0.02% |
13,319,567
-165,027
| -1% | -$5.98M |
|
528
Assurant
AIZ
$13.9B
| $492M | 0.02% |
2,612,854
-98,080
| -4% | -$17.1M |
|
529
Dell
DELL
$239B
| $491M | 0.02% |
4,299,950
+55,451
| +1% | +$5.17M |
|
530
The Mosaic Company
MOS
$7.19B
| $490M | 0.02% |
15,108,831
+126,144
| +0.8% | +$4.02M |
|
531
United Airlines
UAL
$38.8B
| $489M | 0.02% |
10,209,557
+94,527
| +0.9% | +$4.05M |
|
532
Eastman Chemical
EMN
$7.69B
| $488M | 0.02% |
4,832,486
-13,962
| -0.3% | -$1.23M |
|
533
Pinnacle West Capital
PNW
$12.4B
| $484M | 0.02% |
6,477,431
-321,699
| -5% | -$22.7M |
|
534
Bath & Body Works
BBWI
$3.97B
| $484M | 0.02% |
9,673,465
-249,218
| -3% | -$11.2M |
|
535
Cleveland-Cliffs
CLF
$6.49B
| $484M | 0.02% |
21,269,967
-821,342
| -4% | -$16.3M |
|
536
Henry Schein
HSIC
$9.78B
| $482M | 0.02% |
6,388,925
-116,857
| -2% | -$8.77M |
|
537
Alnylam Pharmaceuticals
ALNY
$38.3B
| $477M | 0.02% |
3,191,373
+72,821
| +2% | +$12.1M |
|
538
HF Sinclair
DINO
$16.2B
| $476M | 0.02% |
7,891,487
+630,686
| +9% | +$35.9M |
|
539
Dick's Sporting Goods
DKS
$18.4B
| $476M | 0.02% |
2,106,245
+4,598
| +0.2% | +$785K |
|
540
Fox Class A
FOXA
$24.8B
| $476M | 0.02% |
15,215,496
+482,331
| +3% | +$14.6M |
|
541
Floor & Decor
FND
$6.03B
| $470M | 0.02% |
3,624,017
+42,889
| +1% | +$4.87M |
|
542
Campbell Soup
CPB
$6.85B
| $468M | 0.02% |
10,534,033
-147,800
| -1% | -$6.4M |
|
543
Spotify
SPOT
$108B
| $468M | 0.02% |
1,773,671
+87,980
| +5% | +$20.7M |
|
544
Markel Group
MKL
$25.2B
| $467M | 0.02% |
307,264
+2,912
| +1% | +$4.27M |
|
545
Toro Company
TTC
$8.79B
| $467M | 0.02% |
5,078,064
+1,608,915
| +46% | +$148M |
|
546
Ares Management
ARES
$28.1B
| $465M | 0.02% |
3,494,838
+155,392
| +5% | +$19.8M |
|
547
Royal Gold
RGLD
$16.6B
| $463M | 0.02% |
3,797,474
+138,797
| +4% | +$15.7M |
|
548
Teleflex
TFX
$5.96B
| $461M | 0.02% |
2,039,614
-25,670
| -1% | -$6.1M |
|
549
Saia
SAIA
$10.5B
| $459M | 0.02% |
785,419
+26,235
| +3% | +$13.7M |
|
550
Fortune Brands Innovations
FBIN
$5.86B
| $459M | 0.02% |
5,416,676
+213,307
| +4% | +$17M |
|
Similar funds
State Street's Q1 2024 Portfolio in Review
As of Q1 2024, State Street held 4,485 positions worth $2.24T, up 8.8% from $2.06T the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 3.9%. State Street opened 59 new positions and exited 117, leaving the 4,485-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q1 2024 buy was Arcadium Lithium plc: 35,286,898 shares worth $152M.
- State Street added most to Amazon in Q1 2024, an estimated $1.16B increase.
- State Street's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $1.13B.
- State Street fully exited Splunk Inc in Q1 2024, selling an estimated $588M.
- State Street's ten largest holdings make up 25% of its $2.24T portfolio in Q1 2024.
- State Street opened 59 new positions and closed 117 in Q1 2024.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $2.24T.
Based on State Street's 13F filing for Q1 2024, filed 15 May 2024.