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 | |
|---|---|---|---|---|---|---|
|
ENDP
701
DELISTED
Endo International plc
ENDP
| $159M | 0.01% |
9,642,033
+483,271
| +5% | +$8.51M |
|
702
Hubbell
HUBB
$25.6B
| $158M | 0.01% |
1,352,806
-16,991
| -1% | -$1.87M |
|
703
Jabil
JBL
$31.7B
| $158M | 0.01% |
6,666,760
+2,680
| +0% | +$58.4K |
|
704
Sun Communities
SUI
$15.3B
| $157M | 0.01% |
2,049,465
+109,814
| +6% | +$8.21M |
|
705
Toro Company
TTC
$9.08B
| $156M | 0.01% |
2,796,600
-28,673
| -1% | -$1.46M |
|
|
RAD
706
DELISTED
Rite Aid Corporation
RAD
| $156M | 0.01% |
948,401
+8,912
| +0.9% | +$1.35M |
|
707
AutoNation
AN
$7.37B
| $156M | 0.01% |
3,199,310
+116,925
| +4% | +$5.43M |
|
708
iShares MSCI USA Min Vol Factor ETF
USMV
$23.7B
| $156M | 0.01% |
3,439,575
-652,349
| -16% | -$29.1M |
|
709
Aramark
ARMK
$15.1B
| $155M | 0.01% |
6,001,060
+240,108
| +4% | +$6.27M |
|
710
Old Dominion Freight Line
ODFL
$47.1B
| $155M | 0.01% |
5,408,229
-33,981
| -0.6% | -$911K |
|
711
Cboe Global Markets
CBOE
$31.1B
| $154M | 0.01% |
2,086,573
-63,279
| -3% | -$4.36M |
|
|
QEP
712
DELISTED
QEP RESOURCES, INC.
QEP
| $154M | 0.01% |
8,372,458
-255,977
| -3% | -$4.65M |
|
713
Williams-Sonoma
WSM
$27.8B
| $154M | 0.01% |
6,365,528
-275,112
| -4% | -$7.01M |
|
|
GXP
714
DELISTED
Great Plains Energy Incorporated
GXP
| $153M | 0.01% |
5,593,977
+747,354
| +15% | +$20.4M |
|
715
Valley National Bancorp
VLY
$8.01B
| $153M | 0.01% |
13,140,607
+2,065,991
| +19% | +$22.1M |
|
716
Associated Banc-Corp
ASB
$5.86B
| $152M | 0.01% |
6,143,400
+679,733
| +12% | +$15M |
|
717
iShares Agency Bond ETF
AGZ
$559M
| $152M | 0.01% |
1,346,367
| – | – |
|
718
Fulton Financial
FULT
$4.73B
| $152M | 0.01% |
8,065,027
+845,682
| +12% | +$14.2M |
|
|
EDR
719
DELISTED
Education Realty Trust Inc
EDR
| $151M | 0.01% |
3,572,417
-33,959
| -0.9% | -$1.39M |
|
720
Bank of Hawaii
BOH
$3.17B
| $151M | 0.01% |
1,700,306
+83,967
| +5% | +$6.81M |
|
721
First Industrial Realty Trust
FR
$8.77B
| $150M | 0.01% |
5,363,793
-12,795
| -0.2% | -$341K |
|
|
722
Berkshire Hathaway Class A
BRK.A
$1.1T
| $149M | 0.01% |
611
-38
| -6% | -$8.77M |
|
723
AerCap
AER
$24.3B
| $148M | 0.01% |
3,565,416
+212,585
| +6% | +$8.94M |
|
724
H.B. Fuller
FUL
$3.07B
| $148M | 0.01% |
3,067,558
+5,713
| +0.2% | +$265K |
|
725
Teledyne Technologies
TDY
$30.1B
| $148M | 0.01% |
1,202,403
+36,741
| +3% | +$4.25M |
|
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.