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 | |
|---|---|---|---|---|---|---|
601
Lattice Semiconductor
LSCC
$19.2B
| $343M | 0.02% |
4,968,267
+129,025
| +3% | +$8.57M |
|
602
Wynn Resorts
WYNN
$11.3B
| $341M | 0.02% |
3,747,541
+65,982
| +2% | +$5.85M |
|
603
Vertiv
VRT
$108B
| $340M | 0.02% |
7,081,283
+1,341,379
| +23% | +$57.1M |
|
604
Texas Pacific Land
TPL
$27.1B
| $339M | 0.02% |
1,943,028
+136,854
| +8% | +$26M |
|
605
Rivian
RIVN
$22.5B
| $339M | 0.02% |
14,442,298
+825,315
| +6% | +$15.5M |
|
606
Bank OZK
OZK
$5.7B
| $338M | 0.02% |
6,784,636
-393,376
| -5% | -$16.2M |
|
607
Check Point Software Technologies
CHKP
$12.7B
| $337M | 0.02% |
2,206,594
+78,213
| +4% | +$11M |
|
608
Five Below
FIVE
$12.3B
| $337M | 0.02% |
1,580,957
+39,274
| +3% | +$7.21M |
|
|
CTLT
609
DELISTED
CATALENT, INC.
CTLT
| $335M | 0.02% |
7,456,058
+191,128
| +3% | +$7.73M |
|
610
Toro Company
TTC
$9.5B
| $334M | 0.02% |
3,469,149
+123,173
| +4% | +$10.6M |
|
611
Saia
SAIA
$9.84B
| $333M | 0.02% |
759,184
+20,395
| +3% | +$8.24M |
|
612
Knight Transportation
KNX
$11.7B
| $329M | 0.02% |
5,705,516
+86,770
| +2% | +$4.54M |
|
613
Curtiss-Wright
CW
$28.4B
| $328M | 0.02% |
1,471,917
+76,072
| +5% | +$15.9M |
|
614
Dell
DELL
$310B
| $325M | 0.02% |
4,244,499
+526,091
| +14% | +$37.2M |
|
|
CNH
615
CNH Industrial
CNH
$13.9B
| $324M | 0.02% |
26,583,137
+8,372,906
| +46% | +$93.5M |
|
616
Advanced Drainage Systems
WMS
$11.6B
| $322M | 0.02% |
2,293,050
+73,719
| +3% | +$8.89M |
|
617
Carlyle Group
CG
$18.2B
| $322M | 0.02% |
7,906,299
+2,636,979
| +50% | +$86.8M |
|
618
United Bankshares
UBSI
$6.75B
| $321M | 0.02% |
8,473,995
-223,170
| -3% | -$7.09M |
|
619
SS&C Technologies
SSNC
$18.8B
| $320M | 0.02% |
5,239,006
+180,882
| +4% | +$9.88M |
|
620
Western Alliance Bancorporation
WAL
$9.24B
| $319M | 0.02% |
4,854,183
+992,178
| +26% | +$50.1M |
|
621
Range Resources
RRC
$9.15B
| $319M | 0.02% |
10,489,885
-47,909
| -0.5% | -$1.57M |
|
622
Ryman Hospitality Properties
RHP
$8.14B
| $317M | 0.02% |
2,850,161
+49,854
| +2% | +$4.75M |
|
623
Spotify
SPOT
$101B
| $317M | 0.02% |
1,685,691
+86,881
| +5% | +$15.2M |
|
624
Vail Resorts
MTN
$5.37B
| $315M | 0.02% |
1,459,895
+14,353
| +1% | +$3.15M |
|
625
Avantor
AVTR
$9.16B
| $314M | 0.02% |
13,774,397
+540,921
| +4% | +$11.1M |
|
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.