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 |
Amazon
AMZN
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$1.1B |
| 3 |
Home Depot
HD
|
+$1.06B |
| 4 |
Tesla
TSLA
|
+$578M |
| 5 |
Apple
AAPL
|
+$462M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.13B |
| 2 |
NVIDIA
NVDA
|
+$849M |
| 3 |
PepsiCo
PEP
|
+$767M |
| 4 |
NextEra Energy
NEE
|
+$634M |
| 5 |
SPLK
Splunk Inc
SPLK
|
+$588M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.96% |
| 2 | Financials | 12.96% |
| 3 | Healthcare | 12.68% |
| 4 | Consumer Discretionary | 9.9% |
| 5 | Industrials | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Weatherford International
WFRD
$5.9B
| $303M | 0.01% |
2,621,263
+59,651
| +2% | +$6.05M |
|
677
Bio-Rad Laboratories Class A
BIO
$8.76B
| $302M | 0.01% |
873,675
-1,239
| -0.1% | -$407K |
|
678
Norwegian Cruise Line
NCLH
$9.53B
| $301M | 0.01% |
14,402,462
-187,123
| -1% | -$3.4M |
|
679
WEX
WEX
$6.42B
| $301M | 0.01% |
1,268,759
+48,756
| +4% | +$10.5M |
|
680
GSK
GSK
$107B
| $301M | 0.01% |
6,958,951
-94,039
| -1% | -$3.88M |
|
681
Chemed
CHE
$7.16B
| $300M | 0.01% |
467,249
+8,700
| +2% | +$5.29M |
|
682
United Bankshares
UBSI
$6.69B
| $299M | 0.01% |
8,267,344
-206,651
| -2% | -$7.31M |
|
683
Five Below
FIVE
$11.6B
| $299M | 0.01% |
1,646,791
+65,834
| +4% | +$12.7M |
|
684
SouthState Bank Corp
SSB
$10.3B
| $298M | 0.01% |
3,508,538
-106,002
| -3% | -$8.73M |
|
685
Ryman Hospitality Properties
RHP
$8.56B
| $298M | 0.01% |
2,556,099
-294,062
| -10% | -$33.8M |
|
686
Polaris
PII
$3.83B
| $298M | 0.01% |
2,976,349
-224,486
| -7% | -$20.6M |
|
687
iShares Core MSCI Emerging Markets ETF
IEMG
$144B
| $297M | 0.01% |
5,762,099
-39,302
| -0.7% | -$1.97M |
|
688
Jazz Pharmaceuticals
JAZZ
$16.1B
| $296M | 0.01% |
2,462,135
+41,010
| +2% | +$5.02M |
|
689
iShares Core S&P 500 ETF
IVV
$858B
| $295M | 0.01% |
561,597
-40,154
| -7% | -$20.1M |
|
690
HEICO Corp
HEI
$49.6B
| $295M | 0.01% |
1,542,122
+6,633
| +0.4% | +$1.23M |
|
691
Infosys
INFY
$51B
| $292M | 0.01% |
16,295,486
-112,734
| -0.7% | -$2.19M |
|
692
Agree Realty
ADC
$9.66B
| $291M | 0.01% |
5,066,540
-468,540
| -8% | -$27.4M |
|
693
Southern Copper
SCCO
$138B
| $290M | 0.01% |
2,932,746
-49,021
| -2% | -$3.92M |
|
694
Olin
OLN
$2.53B
| $290M | 0.01% |
4,923,712
-27,787
| -0.6% | -$1.49M |
|
|
SKX
695
DELISTED
Skechers
SKX
| $286M | 0.01% |
4,676,027
+18,414
| +0.4% | +$1.12M |
|
696
Graphic Packaging
GPK
$3.35B
| $285M | 0.01% |
9,741,897
+154,382
| +2% | +$4.04M |
|
697
Core & Main
CNM
$7.93B
| $284M | 0.01% |
4,960,949
+1,203,439
| +32% | +$55.1M |
|
698
Medpace
MEDP
$16.3B
| $282M | 0.01% |
696,959
+25,814
| +4% | +$9.08M |
|
699
Ingredion
INGR
$6.42B
| $281M | 0.01% |
2,388,563
+22,260
| +0.9% | +$2.51M |
|
700
Eagle Materials
EXP
$6.49B
| $280M | 0.01% |
1,030,938
+27,741
| +3% | +$6.55M |
|
Similar funds
State Street's Q1 2024 Portfolio in Review
As of Q1 2024, State Street held 4,485 positions worth $2.24T, up 8.8% from $2.06T the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 3.9%. State Street opened 59 new positions and exited 117, leaving the 4,485-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q1 2024 buy was Arcadium Lithium plc: 35,286,898 shares worth $152M.
- State Street added most to Amazon in Q1 2024, an estimated $1.16B increase.
- State Street's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $1.13B.
- State Street fully exited Splunk Inc in Q1 2024, selling an estimated $588M.
- State Street's ten largest holdings make up 25% of its $2.24T portfolio in Q1 2024.
- State Street opened 59 new positions and closed 117 in Q1 2024.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $2.24T.
Based on State Street's 13F filing for Q1 2024, filed 15 May 2024.