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 |
Kenvue
KVUE
|
+$1.73B |
| 2 |
Blackstone
BX
|
+$1.35B |
| 3 |
Airbnb
ABNB
|
+$1.05B |
| 4 |
Walmart Inc
WMT
|
+$665M |
| 5 |
Extra Space Storage
EXR
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.8B |
| 2 |
Apple
AAPL
|
+$1.76B |
| 3 |
Microsoft
MSFT
|
+$1.7B |
| 4 |
NVIDIA
NVDA
|
+$1.27B |
| 5 |
Coca-Cola
KO
|
+$960M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.76% |
| 2 | Healthcare | 13.55% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.94% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTLT
576
DELISTED
CATALENT, INC.
CTLT
| $331M | 0.02% |
7,264,930
-270,970
| -4% | -$12.7M |
|
577
Rivian
RIVN
$23.6B
| $331M | 0.02% |
13,616,983
+1,912,411
| +16% | +$44.7M |
|
578
Crown Holdings
CCK
$13B
| $330M | 0.02% |
3,733,430
+24,228
| +0.7% | +$2.17M |
|
579
Reinsurance Group of America
RGA
$15.5B
| $329M | 0.02% |
2,264,612
+24,210
| +1% | +$3.43M |
|
580
First Citizens BancShares
FCNCA
$24.7B
| $327M | 0.02% |
237,244
+1,849
| +0.8% | +$2.54M |
|
581
Bath & Body Works
BBWI
$3.97B
| $326M | 0.02% |
9,651,321
-131,369
| -1% | -$4.77M |
|
|
FLG
582
Flagstar Bank National Association
FLG
$5.87B
| $325M | 0.02% |
9,565,857
+468,192
| +5% | +$16.9M |
|
583
Lear
LEA
$7.39B
| $325M | 0.02% |
2,421,109
+43,360
| +2% | +$6.27M |
|
584
Ares Management
ARES
$28.1B
| $324M | 0.02% |
3,150,715
+81,997
| +3% | +$8.29M |
|
585
Pinterest
PINS
$13.7B
| $323M | 0.02% |
11,935,257
+104,779
| +0.9% | +$2.86M |
|
586
Fortune Brands Innovations
FBIN
$5.86B
| $322M | 0.02% |
5,185,383
+112,275
| +2% | +$7.72M |
|
587
VF Corp
VFC
$5.92B
| $322M | 0.02% |
18,239,536
+911,488
| +5% | +$17.3M |
|
588
Annaly Capital Management
NLY
$17.3B
| $321M | 0.02% |
16,516,233
+91,093
| +0.6% | +$1.81M |
|
589
Vail Resorts
MTN
$5.7B
| $321M | 0.02% |
1,445,542
+435,484
| +43% | +$103M |
|
|
EXE
590
Expand Energy Corp
EXE
$22.1B
| $316M | 0.02% |
3,668,542
+1,355,562
| +59% | +$115M |
|
591
Arrow Electronics
ARW
$10.5B
| $316M | 0.02% |
2,522,336
-5,189
| -0.2% | -$692K |
|
592
Booz Allen Hamilton
BAH
$8.44B
| $315M | 0.02% |
2,885,377
+13,172
| +0.5% | +$1.51M |
|
593
Dentsply Sirona
XRAY
$2.84B
| $313M | 0.02% |
9,111,658
-383,868
| -4% | -$14.6M |
|
594
Etsy
ETSY
$8.12B
| $310M | 0.02% |
4,805,002
-96,124
| -2% | -$7.58M |
|
595
Bio-Rad Laboratories Class A
BIO
$8.76B
| $308M | 0.02% |
859,323
-41,250
| -5% | -$15.9M |
|
|
EXAS
596
DELISTED
Exact Sciences
EXAS
| $308M | 0.02% |
4,510,603
+136,796
| +3% | +$11.6M |
|
597
Chord Energy
CHRD
$7.68B
| $308M | 0.02% |
1,897,923
+87,093
| +5% | +$13.7M |
|
598
Polaris
PII
$3.83B
| $307M | 0.02% |
2,950,561
-978,347
| -25% | -$116M |
|
599
Murphy Oil
MUR
$5.55B
| $307M | 0.02% |
6,770,200
+74,780
| +1% | +$3.25M |
|
600
Commerce Bancshares
CBSH
$8.68B
| $306M | 0.02% |
7,375,932
-1,579,889
| -18% | -$68.3M |
|
Similar funds
State Street's Q3 2023 Portfolio in Review
As of Q3 2023, State Street held 4,736 positions worth $1.8T, down 5.3% from $1.9T the previous quarter. Its ten largest holdings account for 23% of the portfolio.
State Street's Q3 2023 filing shows 62 new, 1,994 increased, 1,726 reduced and 180 closed positions. Its largest new stake was Kenvue: 74,647,339 shares worth $1.5B. The largest sale was Johnson & Johnson, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2023 buy was Kenvue: 74,647,339 shares worth $1.5B.
- State Street added most to Blackstone in Q3 2023, an estimated $1.35B increase.
- State Street's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $1.8B.
- State Street fully exited Life Storage, Inc. in Q3 2023, selling an estimated $622M.
- State Street's ten largest holdings make up 23% of its $1.8T portfolio in Q3 2023.
- State Street opened 62 new positions and closed 180 in Q3 2023.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.8T.
Based on State Street's 13F filing for Q3 2023, filed 14 Nov 2023.