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 | |
|---|---|---|---|---|---|---|
|
MPT
751
Medical Properties Trust
MPT
$2.89B
| $140M | 0.01% |
11,390,461
+2,032,590
| +22% | +$26.3M |
|
|
IBKC
752
DELISTED
IBERIABANK Corp
IBKC
| $140M | 0.01% |
1,672,654
+415,365
| +33% | +$31.8M |
|
753
UMB Financial
UMBF
$10.9B
| $140M | 0.01% |
1,811,714
+568,469
| +46% | +$39.5M |
|
754
Aecom
ACM
$9.57B
| $140M | 0.01% |
3,841,715
-77,681
| -2% | -$2.58M |
|
|
ARRS
755
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $140M | 0.01% |
4,632,240
-135,525
| -3% | -$3.93M |
|
756
Bankunited
BKU
$3.41B
| $138M | 0.01% |
3,648,463
+480,880
| +15% | +$16M |
|
|
SPLK
757
DELISTED
Splunk Inc
SPLK
| $137M | 0.01% |
2,687,680
+62,359
| +2% | +$3.59M |
|
|
CADE
758
DELISTED
Cadence Bank
CADE
| $137M | 0.01% |
4,420,176
+525,937
| +14% | +$14.1M |
|
759
Workday
WDAY
$39.4B
| $137M | 0.01% |
2,068,704
+26,016
| +1% | +$2.1M |
|
760
Idacorp
IDA
$8.24B
| $137M | 0.01% |
1,697,087
-26,222
| -2% | -$2.02M |
|
761
Service Corp International
SCI
$11.7B
| $136M | 0.01% |
4,804,365
-51,615
| -1% | -$1.38M |
|
762
Brunswick
BC
$5.33B
| $136M | 0.01% |
2,496,296
-66,133
| -3% | -$3.27M |
|
|
VMW
763
DELISTED
VMware, Inc
VMW
| $136M | 0.01% |
1,723,776
-66,338
| -4% | -$5.15M |
|
|
SGEN
764
DELISTED
Seagen Inc. Common Stock
SGEN
| $135M | 0.01% |
2,566,041
+582,978
| +29% | +$35M |
|
765
Mercury Insurance
MCY
$6.07B
| $134M | 0.01% |
2,232,035
+240,845
| +12% | +$13.7M |
|
|
CPN
766
DELISTED
Calpine Corporation
CPN
| $134M | 0.01% |
11,755,555
+392,850
| +3% | +$4.63M |
|
|
CLR
767
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $134M | 0.01% |
2,602,781
-98,884
| -4% | -$5.11M |
|
|
TCF
768
DELISTED
TCF Financial Corporation
TCF
| $134M | 0.01% |
6,830,271
+220,413
| +3% | +$3.63M |
|
769
Crown Holdings
CCK
$13.2B
| $134M | 0.01% |
2,542,641
-93,293
| -4% | -$5.04M |
|
770
PTC
PTC
$14.7B
| $134M | 0.01% |
2,885,848
-66,623
| -2% | -$3.11M |
|
771
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $133M | 0.01% |
2,145,333
-167,964
| -7% | -$10.1M |
|
|
TSRO
772
DELISTED
TESARO, Inc.
TSRO
| $133M | 0.01% |
988,072
-185,353
| -16% | -$23.4M |
|
773
Nabors Industries
NBR
$1.12B
| $133M | 0.01% |
161,879
-3,738
| -2% | -$2.63M |
|
774
Ionis Pharmaceuticals
IONS
$9.14B
| $133M | 0.01% |
2,772,679
-811,925
| -23% | -$32.1M |
|
775
Cousins Properties
CUZ
$5.22B
| $133M | 0.01% |
3,893,469
+1,175,383
| +43% | +$37.1M |
|
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.