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 |
Bristol-Myers Squibb
BMY
|
+$1.79B |
| 2 |
Truist Financial
TFC
|
+$1.36B |
| 3 |
Alibaba
BABA
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$945M |
| 5 |
Las Vegas Sands
LVS
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$2.96B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$1.4B |
| 3 |
Cummins
CMI
|
+$607M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$414M |
| 5 |
RTX Corp
RTX
|
+$402M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.83% |
| 2 | Financials | 15.11% |
| 3 | Healthcare | 13.45% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Burlington
BURL
$23.3B
| $322M | 0.02% |
1,412,887
-17,243
| -1% | -$3.6M |
|
577
Ralph Lauren
RL
$22.5B
| $322M | 0.02% |
2,728,757
+41,291
| +2% | +$4.35M |
|
578
United Bankshares
UBSI
$6.71B
| $320M | 0.02% |
8,205,312
-403,577
| -5% | -$15.6M |
|
579
Fidelity National Financial
FNF
$14.6B
| $318M | 0.02% |
7,300,728
+66,662
| +0.9% | +$2.96M |
|
|
HBI
580
DELISTED
Hanesbrands
HBI
| $318M | 0.02% |
21,398,663
+697,808
| +3% | +$10.6M |
|
581
Brixmor Property Group
BRX
$9.77B
| $318M | 0.02% |
14,703,495
-1,604,424
| -10% | -$34.3M |
|
582
Lennox International
LII
$18.9B
| $314M | 0.02% |
1,284,433
-30,476
| -2% | -$7.56M |
|
|
ACC
583
DELISTED
American Campus Communities, Inc.
ACC
| $310M | 0.02% |
6,597,318
-732,827
| -10% | -$35.1M |
|
584
Jones Lang LaSalle
JLL
$15.9B
| $307M | 0.02% |
1,764,760
+15,426
| +0.9% | +$2.43M |
|
585
Arrow Electronics
ARW
$10.8B
| $305M | 0.02% |
3,603,834
-180,884
| -5% | -$14.4M |
|
|
VMW
586
DELISTED
VMware, Inc
VMW
| $302M | 0.02% |
1,991,390
+22,409
| +1% | +$3.51M |
|
|
SBNY
587
DELISTED
Signature Bank
SBNY
| $302M | 0.02% |
2,207,421
-49,461
| -2% | -$6.19M |
|
588
Nordson
NDSN
$16.9B
| $301M | 0.02% |
1,842,657
-18,096
| -1% | -$2.86M |
|
589
Elanco Animal Health
ELAN
$12.7B
| $299M | 0.02% |
10,167,561
+404,210
| +4% | +$11M |
|
|
AMTD
590
DELISTED
TD Ameritrade Holding Corp
AMTD
| $299M | 0.02% |
6,019,422
-19,557
| -0.3% | -$848K |
|
|
FLIR
591
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $298M | 0.02% |
5,716,185
+84,474
| +1% | +$4.47M |
|
592
Cognex
CGNX
$10B
| $297M | 0.02% |
5,303,490
-45,961
| -0.9% | -$2.38M |
|
593
Unum
UNM
$14B
| $295M | 0.02% |
10,132,914
-55,664
| -0.5% | -$1.62M |
|
594
East-West Bancorp
EWBC
$18B
| $294M | 0.02% |
6,033,920
+5,954
| +0.1% | +$268K |
|
595
First Industrial Realty Trust
FR
$8.77B
| $294M | 0.02% |
7,039,230
-631,143
| -8% | -$26M |
|
596
Steel Dynamics
STLD
$37.5B
| $292M | 0.02% |
8,525,181
-36,657
| -0.4% | -$1.17M |
|
597
Liberty Broadband Class C
LBRDK
$4.72B
| $291M | 0.02% |
2,312,552
+6,782
| +0.3% | +$790K |
|
|
XEC
598
DELISTED
CIMAREX ENERGY CO
XEC
| $291M | 0.02% |
5,536,236
-304,082
| -5% | -$14.1M |
|
599
Cousins Properties
CUZ
$5.22B
| $289M | 0.02% |
7,009,739
-753,703
| -10% | -$29.6M |
|
600
Mine Safety
MSA
$6.94B
| $288M | 0.02% |
2,277,586
-46,763
| -2% | -$5.63M |
|
Similar funds
State Street's Q4 2019 Portfolio in Review
As of Q4 2019, State Street held 3,899 positions worth $1.46T, up 8.8% from $1.34T the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.8%. State Street opened 94 new positions and exited 92, leaving the 3,899-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 98,000 shares worth $114M.
- State Street added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.79B increase.
- State Street's biggest Q4 2019 reduction was Cummins, cutting an estimated $607M.
- State Street fully exited Celgene Corp in Q4 2019, selling an estimated $2.96B.
- State Street's ten largest holdings make up 18% of its $1.46T portfolio in Q4 2019.
- State Street opened 94 new positions and closed 92 in Q4 2019.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q4 2019, filed 6 Feb 2020.