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 |
Berkshire Hathaway Class B
BRK.B
|
+$976M |
| 2 |
JPMorgan Chase
JPM
|
+$903M |
| 3 |
Wells Fargo
WFC
|
+$878M |
| 4 |
ExxonMobil
XOM
|
+$726M |
| 5 |
Bank of America
BAC
|
+$638M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alcoa
AA
|
+$590M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$447M |
| 3 |
Yum! Brands
YUM
|
+$387M |
| 4 |
Lockheed Martin
LMT
|
+$327M |
| 5 |
PNY
PIEDMONT NATURAL GAS CO INC(NC
PNY
|
+$245M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.01% |
| 2 | Technology | 12.87% |
| 3 | Healthcare | 12.87% |
| 4 | Industrials | 12.01% |
| 5 | Consumer Discretionary | 8.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
IQVIA
IQV
$40.5B
| $211M | 0.02% |
2,776,323
+1,091,300
| +65% | +$83.7M |
|
627
Palo Alto Networks
PANW
$260B
| $210M | 0.02% |
10,099,158
+463,890
| +5% | +$11.1M |
|
628
Under Armour
UAA
$3.04B
| $209M | 0.02% |
7,178,649
+302,618
| +4% | +$9.93M |
|
629
Alkermes
ALKS
$8.42B
| $208M | 0.02% |
3,745,283
+74,500
| +2% | +$3.98M |
|
630
Ally Financial
ALLY
$13.4B
| $208M | 0.02% |
10,912,861
+145,042
| +1% | +$2.79M |
|
|
TGNA
631
DELISTED
TEGNA Inc
TGNA
| $206M | 0.02% |
15,061,161
+486,883
| +3% | +$6.63M |
|
632
NVR
NVR
$17.3B
| $204M | 0.02% |
122,064
-8,768
| -7% | -$14M |
|
633
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $202M | 0.02% |
6,619,991
+336,468
| +5% | +$10.3M |
|
634
Hexcel
HXL
$8.3B
| $201M | 0.02% |
3,913,029
-603,993
| -13% | -$29M |
|
635
Check Point Software Technologies
CHKP
$14.1B
| $201M | 0.02% |
2,378,982
+22,942
| +1% | +$1.88M |
|
|
AMTD
636
DELISTED
TD Ameritrade Holding Corp
AMTD
| $200M | 0.02% |
4,590,455
+95,767
| +2% | +$3.72M |
|
637
Lennox International
LII
$18.9B
| $200M | 0.02% |
1,304,713
-15,348
| -1% | -$2.34M |
|
638
AGCO
AGCO
$8.96B
| $200M | 0.02% |
3,450,717
-40,102
| -1% | -$2.17M |
|
|
MSCC
639
DELISTED
Microsemi Corp
MSCC
| $199M | 0.02% |
3,689,316
-102,388
| -3% | -$5M |
|
640
Reliance Steel & Aluminium
RS
$21.2B
| $199M | 0.02% |
2,502,770
+38,287
| +2% | +$2.92M |
|
641
Toll Brothers
TOL
$14.5B
| $199M | 0.02% |
6,417,250
-294,420
| -4% | -$8.73M |
|
642
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $199M | 0.02% |
5,513,118
+369,942
| +7% | +$14.1M |
|
643
Telephone and Data Systems
TDS
$3.87B
| $199M | 0.02% |
6,882,338
-31,141
| -0.5% | -$849K |
|
|
DHC
644
Diversified Healthcare Trust
DHC
$2.23B
| $199M | 0.02% |
10,488,546
-253,077
| -2% | -$4.91M |
|
645
Revvity
RVTY
$12.4B
| $198M | 0.02% |
3,792,638
+241,465
| +7% | +$12.6M |
|
646
AXIS Capital
AXS
$8.79B
| $197M | 0.02% |
3,013,360
+46,685
| +2% | +$2.81M |
|
|
MZTI
647
The Marzetti Company
MZTI
$3.02B
| $197M | 0.02% |
1,390,893
-96,826
| -7% | -$13.1M |
|
|
FLIR
648
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $195M | 0.02% |
5,385,841
+83,667
| +2% | +$2.82M |
|
649
FNB Corp
FNB
$6.81B
| $195M | 0.02% |
12,140,607
+2,071,622
| +21% | +$29.5M |
|
|
DCT
650
DELISTED
DCT Industrial Trust Inc.
DCT
| $195M | 0.02% |
4,063,784
+50,604
| +1% | +$2.33M |
|
Similar funds
State Street's Q4 2016 Portfolio in Review
As of Q4 2016, State Street held 3,765 positions worth $1.06T, up 7.1% from $992B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street deployed $34.4B of net new capital in Q4 2016, opening 169 new positions and adding to 2,628 existing holdings. Its largest new stake was Howmet Aerospace: 24,919,256 shares worth $354M.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Alcoa, an estimated $590M trimmed.
- State Street's largest Q4 2016 buy was Howmet Aerospace: 24,919,256 shares worth $354M.
- State Street added most to Berkshire Hathaway Class B in Q4 2016, an estimated $976M increase.
- State Street's biggest Q4 2016 reduction was Alcoa, cutting an estimated $590M.
- State Street fully exited LinkedIn Corporation in Q4 2016, selling an estimated $447M.
- State Street's ten largest holdings make up 15% of its $1.06T portfolio in Q4 2016.
- State Street opened 169 new positions and closed 99 in Q4 2016.
- State Street's portfolio value rose 7.1% quarter-over-quarter to $1.06T.
Based on State Street's 13F filing for Q4 2016, filed 9 Feb 2017.