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 | |
|---|---|---|---|---|---|---|
651
American Financial Group
AFG
$12B
| $194M | 0.02% |
2,205,754
+37,626
| +2% | +$3.02M |
|
|
TCO
652
DELISTED
Taubman Centers Inc.
TCO
| $194M | 0.02% |
2,626,620
-58,291
| -2% | -$4.23M |
|
653
Quanta Services
PWR
$88.3B
| $194M | 0.02% |
5,570,152
+322,011
| +6% | +$10.1M |
|
654
Fidelity National Financial
FNF
$14.6B
| $193M | 0.02% |
8,206,230
+1,118,745
| +16% | +$26.8M |
|
655
Pediatrix Medical
MD
$2.21B
| $192M | 0.02% |
2,880,985
-148,050
| -5% | -$9.63M |
|
|
QVCGA
656
DELISTED
QVC Group Inc Series A
QVCGA
| $191M | 0.02% |
197,093
+10,114
| +5% | +$9.77M |
|
657
Leidos
LDOS
$14.9B
| $191M | 0.02% |
3,731,517
-158,197
| -4% | -$7.4M |
|
658
AGNC Investment
AGNC
$12.9B
| $191M | 0.02% |
10,509,582
+260,825
| +3% | +$4.94M |
|
659
News Corp Class A
NWSA
$15.3B
| $189M | 0.02% |
16,520,997
+805,126
| +5% | +$9.96M |
|
|
DNB
660
DELISTED
Dun & Bradstreet
DNB
| $187M | 0.02% |
1,538,194
+85,903
| +6% | +$10.6M |
|
|
WRI
661
DELISTED
Weingarten Realty Investors
WRI
| $185M | 0.02% |
5,171,334
-122,671
| -2% | -$4.4M |
|
662
Diamondback Energy
FANG
$53.5B
| $184M | 0.02% |
1,823,966
+380,516
| +26% | +$38M |
|
663
Omega Healthcare
OHI
$15.4B
| $184M | 0.02% |
5,873,313
+158,276
| +3% | +$4.89M |
|
|
EGN
664
DELISTED
Energen
EGN
| $183M | 0.02% |
3,174,784
-55,680
| -2% | -$3.17M |
|
665
Lamb Weston
LW
$7.51B
| $183M | 0.02% |
+4,829,884
| New | +$165M |
|
|
X
666
DELISTED
US Steel
X
| $182M | 0.02% |
5,520,360
-672,370
| -11% | -$18M |
|
667
Warner Bros
WBD
$64.2B
| $182M | 0.02% |
6,633,145
-11,145
| -0.2% | -$302K |
|
668
Equity Lifestyle Properties
ELS
$12.8B
| $181M | 0.02% |
5,030,644
+31,248
| +0.6% | +$1.12M |
|
669
JetBlue
JBLU
$2.23B
| $181M | 0.02% |
8,072,230
-302,109
| -4% | -$5.97M |
|
670
Under Armour Class C
UA
$2.97B
| $181M | 0.02% |
7,188,742
+262,033
| +4% | +$7.25M |
|
671
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $180M | 0.02% |
5,309,385
+854,465
| +19% | +$29.3M |
|
672
Jack Henry & Associates
JKHY
$11.2B
| $179M | 0.02% |
2,011,865
-42,197
| -2% | -$3.6M |
|
673
John Wiley & Sons Class A
WLY
$2.76B
| $179M | 0.02% |
3,276,161
+488,700
| +18% | +$26.1M |
|
674
NRG Energy
NRG
$26.9B
| $178M | 0.02% |
14,512,139
-1,926,168
| -12% | -$22.2M |
|
675
Targa Resources
TRGP
$56.2B
| $177M | 0.02% |
3,162,553
+1,043,670
| +49% | +$52.7M |
|
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.