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 |
Microsoft
MSFT
|
+$3.26B |
| 2 |
Apple
AAPL
|
+$3.09B |
| 3 |
ConocoPhillips
COP
|
+$1.86B |
| 4 |
Uber
UBER
|
+$1.85B |
| 5 |
Broadcom
AVGO
|
+$1.84B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$2.9B |
| 2 |
VMW
VMware, Inc
VMW
|
+$913M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$713M |
| 4 |
Danaher
DHR
|
+$627M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$606M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.11% |
| 2 | Financials | 12.81% |
| 3 | Healthcare | 12.79% |
| 4 | Consumer Discretionary | 10.15% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Booz Allen Hamilton
BAH
$8.78B
| $381M | 0.02% |
2,979,764
+94,387
| +3% | +$11.8M |
|
577
SEI Investments
SEIC
$12.6B
| $381M | 0.02% |
5,951,891
+155,520
| +3% | +$9.07M |
|
578
Commerce Bancshares
CBSH
$8.63B
| $381M | 0.02% |
7,860,431
+484,499
| +7% | +$20.9M |
|
|
DAY
579
DELISTED
Dayforce
DAY
| $378M | 0.02% |
5,636,278
+142,330
| +3% | +$9.72M |
|
580
AptarGroup
ATR
$8.63B
| $378M | 0.02% |
3,054,899
-37,351
| -1% | -$4.7M |
|
581
Casey's General Stores
CASY
$31.7B
| $376M | 0.02% |
1,370,355
-81,371
| -6% | -$22.3M |
|
582
Invesco
IVZ
$14.3B
| $376M | 0.02% |
21,102,803
-2,615,724
| -11% | -$37.7M |
|
583
FMC
FMC
$1.38B
| $376M | 0.02% |
5,906,081
+404,567
| +7% | +$23.5M |
|
|
EXAS
584
DELISTED
Exact Sciences
EXAS
| $371M | 0.02% |
5,020,742
+510,139
| +11% | +$33.4M |
|
585
Reinsurance Group of America
RGA
$15.6B
| $369M | 0.02% |
2,281,614
+17,002
| +0.8% | +$2.65M |
|
586
Hasbro
HAS
$13B
| $368M | 0.02% |
7,210,643
+254,261
| +4% | +$12.8M |
|
587
Healthcare Realty
HR
$7.04B
| $367M | 0.02% |
21,316,068
-1,146,540
| -5% | -$17.5M |
|
588
Coca-Cola Europacific Partners
CCEP
$47.6B
| $365M | 0.02% |
5,471,231
+579,853
| +12% | +$35.5M |
|
589
Donaldson
DCI
$11.5B
| $364M | 0.02% |
5,570,905
-86,628
| -2% | -$5.28M |
|
590
Entegris
ENTG
$22.4B
| $364M | 0.02% |
3,036,846
+121,405
| +4% | +$12.3M |
|
591
Ally Financial
ALLY
$13.8B
| $364M | 0.02% |
10,413,524
+779,669
| +8% | +$21.8M |
|
592
First Citizens BancShares
FCNCA
$25.8B
| $359M | 0.02% |
252,986
+15,742
| +7% | +$22.1M |
|
593
Tapestry
TPR
$32.5B
| $356M | 0.02% |
9,670,240
+347,646
| +4% | +$10.7M |
|
594
Americold
COLD
$4.03B
| $355M | 0.02% |
11,656,722
+255,458
| +2% | +$7.14M |
|
595
Crown Holdings
CCK
$13.2B
| $355M | 0.02% |
3,853,023
+119,593
| +3% | +$10.1M |
|
596
Agree Realty
ADC
$9.42B
| $350M | 0.02% |
5,535,080
+426,735
| +8% | +$24.7M |
|
597
Lear
LEA
$6.29B
| $349M | 0.02% |
2,469,287
+48,178
| +2% | +$6.46M |
|
|
SRC
598
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $348M | 0.02% |
7,849,491
+51,414
| +0.7% | +$1.98M |
|
599
Annaly Capital Management
NLY
$17.1B
| $346M | 0.02% |
17,283,619
+767,386
| +5% | +$13.7M |
|
600
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $344M | 0.02% |
5,800,000
-1,000,000
| -15% | -$57.6M |
|
Similar funds
State Street's Q4 2023 Portfolio in Review
As of Q4 2023, State Street held 4,602 positions worth $2.06T, up 14% from $1.8T the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.8%. State Street opened 54 new positions and exited 167, leaving the 4,602-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2023 buy was Veralto: 8,754,876 shares worth $721M.
- State Street added most to Microsoft in Q4 2023, an estimated $3.26B increase.
- State Street's biggest Q4 2023 reduction was Danaher, cutting an estimated $627M.
- State Street fully exited Activision Blizzard in Q4 2023, selling an estimated $2.9B.
- State Street's ten largest holdings make up 24% of its $2.06T portfolio in Q4 2023.
- State Street opened 54 new positions and closed 167 in Q4 2023.
- State Street's portfolio value rose 14% quarter-over-quarter to $2.06T.
Based on State Street's 13F filing for Q4 2023, filed 14 Feb 2024.