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 |
Chubb
CB
|
+$598M |
| 2 |
Broadcom
AVGO
|
+$580M |
| 3 |
Morgan Stanley
MS
|
+$535M |
| 4 |
Willis Towers Watson
WTW
|
+$498M |
| 5 |
NextEra Energy
NEE
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CB
CHUBB CORPORATION
CB
|
+$1.42B |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$1.19B |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$1.19B |
| 4 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$1.18B |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$462M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.05% |
| 2 | Healthcare | 13.6% |
| 3 | Technology | 12.85% |
| 4 | Industrials | 11.97% |
| 5 | Consumer Staples | 9.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
CubeSmart
CUBE
$9.53B
| $204M | 0.02% |
6,118,594
+291,230
| +5% | +$8.95M |
|
|
CLC
602
DELISTED
Clarcor
CLC
| $204M | 0.02% |
3,522,093
-220,056
| -6% | -$10.8M |
|
603
Lennox International
LII
$14.6B
| $203M | 0.02% |
1,501,712
+20,858
| +1% | +$2.58M |
|
|
PDCO
604
DELISTED
Patterson Companies, Inc.
PDCO
| $203M | 0.02% |
4,358,967
-43,800
| -1% | -$1.9M |
|
605
Broadridge
BR
$18.3B
| $202M | 0.02% |
3,413,412
+74,122
| +2% | +$4.04M |
|
606
East-West Bancorp
EWBC
$18.1B
| $202M | 0.02% |
6,222,360
+461,946
| +8% | +$15.1M |
|
607
ManpowerGroup
MAN
$2.54B
| $199M | 0.02% |
2,441,659
-10,098
| -0.4% | -$774K |
|
608
State Street SPDR Dow Jones International Real Estate ETF
RWX
$268M
| $198M | 0.02% |
4,774,017
+2,626,339
| +122% | +$101M |
|
609
Hilton Worldwide
HLT
$71.1B
| $197M | 0.02% |
2,919,392
+96,331
| +3% | +$5.73M |
|
610
OGE Energy
OGE
$9.87B
| $197M | 0.02% |
6,888,470
+301,366
| +5% | +$7.94M |
|
611
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.85B
| $195M | 0.02% |
7,511,352
-2,699,956
| -26% | -$68.4M |
|
|
PACW
612
DELISTED
PacWest Bancorp
PACW
| $195M | 0.02% |
5,247,497
+682,679
| +15% | +$24.2M |
|
613
Telephone and Data Systems
TDS
$3.88B
| $195M | 0.02% |
6,465,655
+80,088
| +1% | +$2.02M |
|
|
DISH
614
DELISTED
DISH Network Corp.
DISH
| $194M | 0.02% |
4,187,213
+162,714
| +4% | +$7.84M |
|
615
Navient
NAVI
$827M
| $193M | 0.02% |
16,154,177
-1,045,644
| -6% | -$10.9M |
|
616
Packaging Corp of America
PKG
$22.1B
| $193M | 0.02% |
3,194,331
+87,474
| +3% | +$4.69M |
|
617
Raymond James Financial
RJF
$34.3B
| $193M | 0.02% |
6,073,191
+151,383
| +3% | +$4.65M |
|
|
WRI
618
DELISTED
Weingarten Realty Investors
WRI
| $191M | 0.02% |
5,101,006
+86,758
| +2% | +$3.06M |
|
|
CIT
619
DELISTED
CIT Group Inc.
CIT
| $191M | 0.02% |
6,163,571
-766,160
| -11% | -$24.1M |
|
|
TCO
620
DELISTED
Taubman Centers Inc.
TCO
| $191M | 0.02% |
2,681,351
+48,072
| +2% | +$3.41M |
|
621
Steris
STE
$22.8B
| $191M | 0.02% |
2,687,145
+8,408
| +0.3% | +$569K |
|
622
Bank OZK
OZK
$5.67B
| $190M | 0.02% |
4,526,282
+377,075
| +9% | +$15.9M |
|
|
VER
623
DELISTED
VEREIT, Inc.
VER
| $190M | 0.02% |
4,279,890
+47,762
| +1% | +$1.9M |
|
624
State Street SPDR Portfolio TIPS ETF
SPIP
$998M
| $189M | 0.02% |
6,620,422
+905,028
| +16% | +$25.2M |
|
625
Ally Financial
ALLY
$13.5B
| $189M | 0.02% |
10,102,562
+947,745
| +10% | +$16.3M |
|
Similar funds
State Street's Q1 2016 Portfolio in Review
As of Q1 2016, State Street held 3,813 positions worth $925B, up 1.1% from $915B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2016: portfolio turnover was 4.6%. State Street opened 91 new positions and exited 86, leaving the 3,813-position portfolio largely intact.
By sector, the portfolio is most concentrated in Financials at 14% of assets, down from 16% a quarter earlier, followed by Healthcare and Technology.
- State Street's largest Q1 2016 buy was iShares S&P 500 Growth ETF: 2,511,488 shares worth $72.8M.
- State Street added most to Chubb in Q1 2016, an estimated $598M increase.
- State Street's biggest Q1 2016 reduction was Johnson & Johnson, cutting an estimated $335M.
- State Street fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $1.42B.
- State Street's ten largest holdings make up 15% of its $925B portfolio in Q1 2016.
- State Street opened 91 new positions and closed 86 in Q1 2016.
- State Street's portfolio value rose 1.1% quarter-over-quarter to $925B.
Based on State Street's 13F filing for Q1 2016, filed 12 May 2016.