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 |
Bristol-Myers Squibb
BMY
|
+$1.79B |
| 2 |
Truist Financial
TFC
|
+$1.36B |
| 3 |
Alibaba
BABA
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$945M |
| 5 |
Las Vegas Sands
LVS
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$2.96B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$1.4B |
| 3 |
Cummins
CMI
|
+$607M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$414M |
| 5 |
RTX Corp
RTX
|
+$402M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.83% |
| 2 | Financials | 15.11% |
| 3 | Healthcare | 13.45% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
iShares TIPS Bond ETF
TIP
$14.5B
| $207M | 0.01% |
1,771,782
+24,051
| +1% | +$2.8M |
|
702
First Horizon
FHN
$12.3B
| $206M | 0.01% |
12,329,025
+390,671
| +3% | +$6.34M |
|
703
Service Corp International
SCI
$11.7B
| $203M | 0.01% |
4,410,587
-59,766
| -1% | -$2.7M |
|
704
California Water Service
CWT
$3.14B
| $202M | 0.01% |
3,922,734
+17,217
| +0.4% | +$899K |
|
705
Sabre
SABR
$743M
| $201M | 0.01% |
8,976,475
-26,055
| -0.3% | -$578K |
|
|
SVC
706
Service Properties Trust
SVC
$1.09B
| $198M | 0.01% |
1,627,168
-170,487
| -9% | -$20.8M |
|
707
Pool Corp
POOL
$7B
| $198M | 0.01% |
929,988
-16,635
| -2% | -$3.43M |
|
708
Molina Healthcare
MOH
$10.5B
| $197M | 0.01% |
1,454,230
-52,091
| -3% | -$6.56M |
|
|
CTLT
709
DELISTED
CATALENT, INC.
CTLT
| $197M | 0.01% |
3,503,227
-30,643
| -0.9% | -$1.56M |
|
710
Gaming and Leisure Properties
GLPI
$13B
| $197M | 0.01% |
4,571,423
-21,487
| -0.5% | -$882K |
|
711
Vistra
VST
$50.1B
| $197M | 0.01% |
8,556,018
+5,298
| +0.1% | +$137K |
|
|
DOCU
712
DocuSign
DOCU
$10.7B
| $196M | 0.01% |
2,646,933
+64,578
| +3% | +$4.44M |
|
713
Oshkosh
OSK
$9.51B
| $196M | 0.01% |
2,071,127
-116,531
| -5% | -$10M |
|
714
Bio-Techne
TECH
$11.2B
| $195M | 0.01% |
3,557,588
-50,740
| -1% | -$2.66M |
|
715
Exelixis
EXEL
$14.2B
| $195M | 0.01% |
11,061,947
+611,170
| +6% | +$10.4M |
|
716
Dell
DELL
$253B
| $194M | 0.01% |
7,435,698
+146,503
| +2% | +$3.81M |
|
717
John Wiley & Sons Class A
WLY
$2.76B
| $193M | 0.01% |
3,950,013
-787,540
| -17% | -$36.6M |
|
718
Hubbell
HUBB
$25.6B
| $192M | 0.01% |
1,300,702
-16,093
| -1% | -$2.29M |
|
719
Lumentum
LITE
$50.7B
| $192M | 0.01% |
2,421,361
-5,922
| -0.2% | -$388K |
|
720
Banco Bradesco
BBD
$38.3B
| $191M | 0.01% |
28,090,058
+507,551
| +2% | +$3.18M |
|
721
Quanta Services
PWR
$88.3B
| $191M | 0.01% |
4,686,679
+122,572
| +3% | +$5M |
|
|
WRI
722
DELISTED
Weingarten Realty Investors
WRI
| $190M | 0.01% |
6,095,282
-636,240
| -9% | -$19.5M |
|
723
Mercury Systems
MRCY
$5.97B
| $190M | 0.01% |
2,754,330
+285,248
| +12% | +$20.6M |
|
724
Haemonetics
HAE
$3.75B
| $190M | 0.01% |
1,652,266
-30,216
| -2% | -$3.66M |
|
725
Bath & Body Works
BBWI
$4.13B
| $189M | 0.01% |
12,935,168
-1,820,720
| -12% | -$26.3M |
|
Similar funds
State Street's Q4 2019 Portfolio in Review
As of Q4 2019, State Street held 3,899 positions worth $1.46T, up 8.8% from $1.34T the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.8%. State Street opened 94 new positions and exited 92, leaving the 3,899-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 98,000 shares worth $114M.
- State Street added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.79B increase.
- State Street's biggest Q4 2019 reduction was Cummins, cutting an estimated $607M.
- State Street fully exited Celgene Corp in Q4 2019, selling an estimated $2.96B.
- State Street's ten largest holdings make up 18% of its $1.46T portfolio in Q4 2019.
- State Street opened 94 new positions and closed 92 in Q4 2019.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q4 2019, filed 6 Feb 2020.