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 |
Kenvue
KVUE
|
+$1.73B |
| 2 |
Blackstone
BX
|
+$1.35B |
| 3 |
Airbnb
ABNB
|
+$1.05B |
| 4 |
Walmart Inc
WMT
|
+$665M |
| 5 |
Extra Space Storage
EXR
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.8B |
| 2 |
Apple
AAPL
|
+$1.76B |
| 3 |
Microsoft
MSFT
|
+$1.7B |
| 4 |
NVIDIA
NVDA
|
+$1.27B |
| 5 |
Coca-Cola
KO
|
+$960M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.76% |
| 2 | Healthcare | 13.55% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.94% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
DaVita
DVA
$15.5B
| $233M | 0.01% |
2,469,618
-136,604
| -5% | -$13.9M |
|
702
Terreno Realty
TRNO
$7.58B
| $232M | 0.01% |
4,055,977
+125,468
| +3% | +$7.47M |
|
|
SKX
703
DELISTED
Skechers
SKX
| $232M | 0.01% |
4,729,871
+39,826
| +0.8% | +$2.04M |
|
704
Norwegian Cruise Line
NCLH
$9.53B
| $231M | 0.01% |
14,012,291
-75,145
| -0.5% | -$1.39M |
|
705
Chemed
CHE
$7.16B
| $231M | 0.01% |
444,224
+287
| +0.1% | +$149K |
|
706
Badger Meter
BMI
$3.87B
| $231M | 0.01% |
1,602,394
+62,817
| +4% | +$9.92M |
|
707
Royalty Pharma
RPRX
$26.2B
| $229M | 0.01% |
8,425,616
+238,778
| +3% | +$7.09M |
|
708
Weatherford International
WFRD
$5.9B
| $228M | 0.01% |
2,526,215
+864,605
| +52% | +$73.1M |
|
709
Tetra Tech
TTEK
$8.77B
| $225M | 0.01% |
7,415,455
+17,505
| +0.2% | +$569K |
|
710
ITT
ITT
$17.1B
| $225M | 0.01% |
2,293,938
+168
| +0% | +$16.5K |
|
711
TSMC
TSM
$1.94T
| $225M | 0.01% |
2,570,780
-706,219
| -22% | -$66.8M |
|
712
SouthState Bank Corp
SSB
$10.3B
| $224M | 0.01% |
3,323,124
-380,006
| -10% | -$27.4M |
|
713
National Fuel Gas
NFG
$7.69B
| $224M | 0.01% |
4,270,726
-3,710,150
| -46% | -$195M |
|
714
Selective Insurance
SIGI
$5.76B
| $223M | 0.01% |
2,162,708
+39,498
| +2% | +$3.96M |
|
715
WEX
WEX
$6.42B
| $223M | 0.01% |
1,183,858
-1,967
| -0.2% | -$380K |
|
716
KBR
KBR
$4.56B
| $223M | 0.01% |
3,767,431
+13,658
| +0.4% | +$842K |
|
717
SPS Commerce
SPSC
$2.55B
| $222M | 0.01% |
1,302,789
+19,189
| +1% | +$3.41M |
|
718
Phillips Edison & Co
PECO
$5.5B
| $222M | 0.01% |
6,596,750
+10,908
| +0.2% | +$377K |
|
719
Fox Class B
FOX
$22.1B
| $222M | 0.01% |
7,673,981
-133,370
| -2% | -$4.08M |
|
720
New Jersey Resources
NJR
$6B
| $222M | 0.01% |
5,397,962
-3,154,737
| -37% | -$138M |
|
|
CNH
721
CNH Industrial
CNH
$13.3B
| $220M | 0.01% |
18,210,231
+6,904,537
| +61% | +$95.6M |
|
722
Onto Innovation
ONTO
$10.9B
| $220M | 0.01% |
1,723,086
+33,860
| +2% | +$4.02M |
|
723
Dick's Sporting Goods
DKS
$18.4B
| $220M | 0.01% |
2,021,772
+40,283
| +2% | +$5.1M |
|
724
Alcoa
AA
$11.3B
| $219M | 0.01% |
7,539,379
-645,608
| -8% | -$20.2M |
|
725
Vornado Realty Trust
VNO
$7.65B
| $219M | 0.01% |
9,653,239
-50,481
| -0.5% | -$1.12M |
|
Similar funds
State Street's Q3 2023 Portfolio in Review
As of Q3 2023, State Street held 4,736 positions worth $1.8T, down 5.3% from $1.9T the previous quarter. Its ten largest holdings account for 23% of the portfolio.
State Street's Q3 2023 filing shows 62 new, 1,994 increased, 1,726 reduced and 180 closed positions. Its largest new stake was Kenvue: 74,647,339 shares worth $1.5B. The largest sale was Johnson & Johnson, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2023 buy was Kenvue: 74,647,339 shares worth $1.5B.
- State Street added most to Blackstone in Q3 2023, an estimated $1.35B increase.
- State Street's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $1.8B.
- State Street fully exited Life Storage, Inc. in Q3 2023, selling an estimated $622M.
- State Street's ten largest holdings make up 23% of its $1.8T portfolio in Q3 2023.
- State Street opened 62 new positions and closed 180 in Q3 2023.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.8T.
Based on State Street's 13F filing for Q3 2023, filed 14 Nov 2023.