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 | |
|---|---|---|---|---|---|---|
|
TWTR
676
DELISTED
Twitter, Inc.
TWTR
| $175M | 0.02% |
10,722,398
+204,489
| +2% | +$3.75M |
|
677
IDEX
IEX
$16.6B
| $174M | 0.02% |
1,926,992
-25,379
| -1% | -$2.3M |
|
|
WP
678
DELISTED
Worldpay, Inc.
WP
| $173M | 0.02% |
2,903,503
+55,576
| +2% | +$3.21M |
|
679
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.9B
| $173M | 0.02% |
572,270
+227,029
| +66% | +$65.6M |
|
680
Hancock Whitney
HWC
$6.19B
| $173M | 0.02% |
4,006,922
+212,368
| +6% | +$8.07M |
|
|
LSI
681
DELISTED
Life Storage, Inc.
LSI
| $173M | 0.02% |
3,036,294
-58,835
| -2% | -$3.26M |
|
|
WPX
682
DELISTED
WPX Energy, Inc.
WPX
| $172M | 0.02% |
11,832,513
-564,726
| -5% | -$7.47M |
|
|
HR
683
DELISTED
Healthcare Realty Trust Incorporated
HR
| $172M | 0.02% |
5,685,225
-52,493
| -0.9% | -$1.6M |
|
|
FTR
684
DELISTED
Frontier Communications Corp.
FTR
| $171M | 0.02% |
3,382,223
+144,197
| +4% | +$7.9M |
|
|
ISBC
685
DELISTED
Investors Bancorp, Inc.
ISBC
| $171M | 0.02% |
12,226,055
+1,254,474
| +11% | +$16.4M |
|
|
WCG
686
DELISTED
Wellcare Health Plans, Inc.
WCG
| $169M | 0.02% |
1,230,588
-19,827
| -2% | -$2.53M |
|
687
Dick's Sporting Goods
DKS
$18.9B
| $169M | 0.02% |
3,175,758
+63,958
| +2% | +$3.67M |
|
|
LHO
688
DELISTED
LaSalle Hotel Properties
LHO
| $169M | 0.02% |
5,530,671
-57,904
| -1% | -$1.56M |
|
|
PDCO
689
DELISTED
Patterson Companies, Inc.
PDCO
| $168M | 0.02% |
4,105,103
-69,961
| -2% | -$3.02M |
|
|
ENH
690
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $168M | 0.02% |
1,820,697
+36,808
| +2% | +$3.37M |
|
691
Ryder
R
$9.98B
| $167M | 0.02% |
2,240,633
+200,451
| +10% | +$14.8M |
|
692
Factset
FDS
$10.1B
| $167M | 0.02% |
1,019,230
-21,567
| -2% | -$3.44M |
|
693
Cheniere Energy
LNG
$52.8B
| $165M | 0.02% |
3,973,763
+89,396
| +2% | +$3.61M |
|
|
MBFI
694
DELISTED
MB Financial Corp
MBFI
| $164M | 0.02% |
3,478,550
+390,149
| +13% | +$16.2M |
|
|
CSRA
695
DELISTED
CSRA Inc.
CSRA
| $164M | 0.02% |
5,135,289
-5,303,403
| -51% | -$155M |
|
696
Keysight
KEYS
$52.2B
| $163M | 0.02% |
4,468,667
-38,576
| -0.9% | -$1.33M |
|
697
Texas Capital Bancshares
TCBI
$4.29B
| $161M | 0.02% |
2,053,225
+254,059
| +14% | +$17.1M |
|
698
Edgewell Personal Care
EPC
$1.3B
| $160M | 0.02% |
2,190,435
-20,783
| -0.9% | -$1.61M |
|
699
Curtiss-Wright
CW
$26.9B
| $159M | 0.02% |
1,621,442
+81,630
| +5% | +$7.76M |
|
700
iShares Global Infrastructure ETF
IGF
$10.9B
| $159M | 0.02% |
+4,083,028
| New | +$161M |
|
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.