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 | |
|---|---|---|---|---|---|---|
651
Murphy Oil
MUR
$5.33B
| $297M | 0.01% |
6,973,569
+203,369
| +3% | +$8.9M |
|
652
Icon
ICLR
$12.6B
| $297M | 0.01% |
1,048,944
+51,135
| +5% | +$13.2M |
|
653
XPO
XPO
$23.6B
| $295M | 0.01% |
3,366,324
+84,690
| +3% | +$6.9M |
|
654
Dentsply Sirona
XRAY
$2.78B
| $294M | 0.01% |
8,224,883
-886,775
| -10% | -$28.1M |
|
655
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $293M | 0.01% |
5,801,401
-97,960
| -2% | -$4.75M |
|
656
Emcor
EME
$36.3B
| $293M | 0.01% |
1,361,643
+40,645
| +3% | +$8.53M |
|
657
Okta
OKTA
$25.7B
| $293M | 0.01% |
3,235,782
+97,646
| +3% | +$7.45M |
|
658
Norwegian Cruise Line
NCLH
$9.34B
| $292M | 0.01% |
14,589,585
+577,294
| +4% | +$9.26M |
|
659
nVent Electric
NVT
$26.8B
| $292M | 0.01% |
4,943,943
+184,530
| +4% | +$9.78M |
|
660
Twilio
TWLO
$29.1B
| $292M | 0.01% |
3,845,721
+232,904
| +6% | +$14.5M |
|
661
Darling Ingredients
DAR
$9.22B
| $292M | 0.01% |
5,849,921
+456,007
| +8% | +$20.7M |
|
662
Commercial Metals
CMC
$8.2B
| $291M | 0.01% |
5,818,374
+509,274
| +10% | +$23.2M |
|
663
TransUnion
TRU
$15.2B
| $291M | 0.01% |
4,233,540
+208,548
| +5% | +$12.7M |
|
664
Mine Safety
MSA
$7.48B
| $291M | 0.01% |
1,721,657
-71,868
| -4% | -$11.7M |
|
665
Simpson Manufacturing
SSD
$8.13B
| $291M | 0.01% |
1,467,517
+42,947
| +3% | +$6.81M |
|
|
SKX
666
DELISTED
Skechers
SKX
| $290M | 0.01% |
4,657,613
-72,258
| -2% | -$3.89M |
|
667
Rambus
RMBS
$10.9B
| $290M | 0.01% |
4,252,386
-267,559
| -6% | -$16.7M |
|
668
e.l.f. Beauty
ELF
$5.28B
| $289M | 0.01% |
2,000,356
+107,007
| +6% | +$12.3M |
|
669
Universal Display
OLED
$3.91B
| $288M | 0.01% |
1,507,358
+16,842
| +1% | +$2.78M |
|
|
AIRC
670
DELISTED
Apartment Income REIT Corp.
AIRC
| $287M | 0.01% |
8,277,423
+4,843
| +0.1% | +$152K |
|
671
iShares Core S&P 500 ETF
IVV
$901B
| $287M | 0.01% |
601,751
-25,629
| -4% | -$11.5M |
|
672
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.3B
| $286M | 0.01% |
8,416,835
-283,165
| -3% | -$8.99M |
|
673
NOV
NOV
$6.95B
| $286M | 0.01% |
14,091,938
-137,542
| -1% | -$2.7M |
|
674
American Airlines Group
AAL
$11.2B
| $286M | 0.01% |
20,780,277
+428,450
| +2% | +$5.38M |
|
|
SWN
675
DELISTED
Southwestern Energy Company
SWN
| $284M | 0.01% |
43,433,820
+944,885
| +2% | +$6.31M |
|
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.