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 |
Verizon
VZ
|
+$2.09B |
| 2 |
General Motors
GM
|
+$286M |
| 3 |
VER
VEREIT, Inc.
VER
|
+$271M |
| 4 |
PBCT
People's United Financial Inc
PBCT
|
+$264M |
| 5 |
Cullen/Frost Bankers
CFR
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.39B |
| 2 |
Microsoft
MSFT
|
+$1.21B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$959M |
| 4 |
IBM
IBM
|
+$828M |
| 5 |
Johnson & Johnson
JNJ
|
+$822M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.56% |
| 2 | Industrials | 13.3% |
| 3 | Healthcare | 12.79% |
| 4 | Technology | 12.63% |
| 5 | Energy | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $126M | 0.01% |
4,086,790
+81,959
| +2% | +$2.52M |
|
752
Align Technology
ALGN
$12.6B
| $126M | 0.01% |
2,425,207
+527,335
| +28% | +$29.5M |
|
|
CSE
753
DELISTED
CAPITALSOURCE INC
CSE
| $125M | 0.01% |
8,594,178
-522,307
| -6% | -$7.48M |
|
754
Eagle Materials
EXP
$6.86B
| $125M | 0.01% |
1,410,946
+5,378
| +0.4% | +$443K |
|
755
Service Corp International
SCI
$11.7B
| $125M | 0.01% |
6,290,842
-115,902
| -2% | -$2.13M |
|
|
PNRA
756
DELISTED
Panera Bread Co
PNRA
| $125M | 0.01% |
708,625
-27,127
| -4% | -$4.81M |
|
|
HCC
757
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $125M | 0.01% |
2,743,803
-92,367
| -3% | -$4.08M |
|
|
WFT
758
DELISTED
Weatherford International plc
WFT
| $125M | 0.01% |
7,183,018
-182,223
| -2% | -$2.79M |
|
759
Lamar Advertising Co
LAMR
$16.5B
| $125M | 0.01% |
2,441,834
-949,785
| -28% | -$48.6M |
|
760
Owens Corning
OC
$11.5B
| $124M | 0.01% |
2,882,642
-203,438
| -7% | -$8.56M |
|
|
CLR
761
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $124M | 0.01% |
1,997,834
+38,040
| +2% | +$2.17M |
|
762
Gentex
GNTX
$5.12B
| $124M | 0.01% |
7,849,418
+94,832
| +1% | +$1.51M |
|
|
HSH
763
DELISTED
HILLSHIRE BRANDS CO
HSH
| $124M | 0.01% |
3,314,580
-4,873
| -0.1% | -$175K |
|
764
Teleflex
TFX
$5.94B
| $123M | 0.01% |
1,150,409
+9,660
| +0.8% | +$951K |
|
765
T-Mobile US
TMUS
$196B
| $123M | 0.01% |
3,731,563
-284,545
| -7% | -$9.02M |
|
766
Timken Company
TKR
$9.72B
| $123M | 0.01% |
2,928,591
-60,932
| -2% | -$2.5M |
|
767
Royal Gold
RGLD
$16.6B
| $123M | 0.01% |
1,966,638
-114,884
| -6% | -$7.06M |
|
768
Jack Henry & Associates
JKHY
$11.2B
| $123M | 0.01% |
2,206,274
-49,917
| -2% | -$2.86M |
|
|
DRC
769
DELISTED
DRESSER-RAND GROUP INC
DRC
| $123M | 0.01% |
2,103,340
-15,476
| -0.7% | -$881K |
|
|
HOUS
770
DELISTED
Anywhere Real Estate
HOUS
| $122M | 0.01% |
2,814,861
+130,198
| +5% | +$6.07M |
|
|
IM
771
DELISTED
Ingram Micro
IM
| $122M | 0.01% |
4,122,817
-66,578
| -2% | -$1.79M |
|
|
GWR
772
DELISTED
Genesee & Wyoming Inc.
GWR
| $122M | 0.01% |
1,251,306
+17,195
| +1% | +$1.63M |
|
|
ONIT
773
Onity Group
ONIT
$341M
| $121M | 0.01% |
206,247
+25,649
| +14% | +$16.6M |
|
774
West Pharmaceutical
WST
$23.7B
| $121M | 0.01% |
2,739,658
+1,159,903
| +73% | +$54.6M |
|
775
Thomson Reuters
TRI
$45.1B
| $121M | 0.01% |
3,036,914
+17,604
| +0.6% | +$722K |
|
Similar funds
State Street's Q1 2014 Portfolio in Review
As of Q1 2014, State Street held 3,709 positions worth $880B, down 2.1% from $899B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street withdrew a net $31.9B in Q1 2014, closing 67 positions and reducing 1,439 holdings. Its most notable exit was LIFE TECHNOLOGIES CORP COM STK (DE), an estimated $666M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, State Street opened a new position in State Street Technology Select Sector SPDR ETF worth $103M.
- State Street's largest Q1 2014 buy was State Street Technology Select Sector SPDR ETF: 5,688,830 shares worth $103M.
- State Street added most to Verizon in Q1 2014, an estimated $2.09B increase.
- State Street's biggest Q1 2014 reduction was Apple, cutting an estimated $1.39B.
- State Street fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $666M.
- State Street's ten largest holdings make up 15% of its $880B portfolio in Q1 2014.
- State Street opened 77 new positions and closed 67 in Q1 2014.
- State Street's portfolio value fell 2.1% quarter-over-quarter to $880B.
Based on State Street's 13F filing for Q1 2014, filed 13 May 2014.