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 |
Microsoft
MSFT
|
+$3.26B |
| 2 |
Apple
AAPL
|
+$3.09B |
| 3 |
ConocoPhillips
COP
|
+$1.86B |
| 4 |
Uber
UBER
|
+$1.85B |
| 5 |
Broadcom
AVGO
|
+$1.84B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$2.9B |
| 2 |
VMW
VMware, Inc
VMW
|
+$913M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$713M |
| 4 |
Danaher
DHR
|
+$627M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$606M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.11% |
| 2 | Financials | 12.81% |
| 3 | Healthcare | 12.79% |
| 4 | Consumer Discretionary | 10.15% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
751
New Jersey Resources
NJR
$5.6B
| $239M | 0.01% |
5,302,808
-95,154
| -2% | -$4.06M |
|
|
BERY
752
DELISTED
Berry Global Group, Inc.
BERY
| $238M | 0.01% |
3,850,419
+151,228
| +4% | +$8.53M |
|
753
Southern Copper
SCCO
$166B
| $238M | 0.01% |
2,981,767
+125,809
| +4% | +$8.75M |
|
754
WEX
WEX
$6.45B
| $237M | 0.01% |
1,220,003
+36,145
| +3% | +$6.55M |
|
755
Graphic Packaging
GPK
$3.53B
| $237M | 0.01% |
9,587,515
+554,671
| +6% | +$12.4M |
|
756
Fox Class B
FOX
$21.9B
| $237M | 0.01% |
8,571,009
+897,028
| +12% | +$25.2M |
|
757
Nu Holdings
NU
$69.6B
| $235M | 0.01% |
28,249,008
+2,099,985
| +8% | +$17M |
|
758
TSMC
TSM
$2.17T
| $235M | 0.01% |
2,249,840
-320,940
| -12% | -$30.6M |
|
759
Roku
ROKU
$21.8B
| $234M | 0.01% |
2,550,440
+128,054
| +5% | +$10.7M |
|
760
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $233M | 0.01% |
4,000,000
-3,000,000
| -43% | -$173M |
|
761
OGE Energy
OGE
$9.68B
| $233M | 0.01% |
6,667,162
+305,223
| +5% | +$10.5M |
|
762
The Ensign Group
ENSG
$10.4B
| $233M | 0.01% |
2,073,670
+93,814
| +5% | +$9.69M |
|
763
Bruker
BRKR
$8.01B
| $232M | 0.01% |
3,157,361
+59,042
| +2% | +$3.78M |
|
764
Apple Hospitality REIT
APLE
$3.9B
| $232M | 0.01% |
13,833,016
-145,653
| -1% | -$2.36M |
|
765
Sarepta Therapeutics
SRPT
$1.69B
| $231M | 0.01% |
2,399,078
+413,502
| +21% | +$39.7M |
|
766
Texas Roadhouse
TXRH
$13.7B
| $231M | 0.01% |
1,888,998
+57,665
| +3% | +$6.16M |
|
767
New York Times
NYT
$10.6B
| $229M | 0.01% |
4,667,310
+158,266
| +4% | +$6.98M |
|
768
Tenet Healthcare
THC
$21.2B
| $228M | 0.01% |
3,020,244
+91,290
| +3% | +$5.79M |
|
769
Alpha Metallurgical Resources
AMR
$1.85B
| $228M | 0.01% |
673,084
+98,809
| +17% | +$26M |
|
770
RBC Bearings
RBC
$18.2B
| $228M | 0.01% |
799,877
+34,694
| +5% | +$8.51M |
|
771
Paylocity
PCTY
$7.89B
| $227M | 0.01% |
1,374,973
+58,232
| +4% | +$9.8M |
|
|
TMHC
772
DELISTED
Taylor Morrison
TMHC
| $226M | 0.01% |
4,238,735
-105,874
| -2% | -$4.73M |
|
773
Home BancShares
HOMB
$6.27B
| $226M | 0.01% |
8,916,495
+740,959
| +9% | +$16.5M |
|
774
Gentex
GNTX
$5.14B
| $226M | 0.01% |
6,914,340
+190,515
| +3% | +$5.88M |
|
775
Axalta
AXTA
$8.11B
| $226M | 0.01% |
6,641,737
+96,479
| +1% | +$2.89M |
|
Similar funds
State Street's Q4 2023 Portfolio in Review
As of Q4 2023, State Street held 4,602 positions worth $2.06T, up 14% from $1.8T the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.8%. State Street opened 54 new positions and exited 167, leaving the 4,602-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2023 buy was Veralto: 8,754,876 shares worth $721M.
- State Street added most to Microsoft in Q4 2023, an estimated $3.26B increase.
- State Street's biggest Q4 2023 reduction was Danaher, cutting an estimated $627M.
- State Street fully exited Activision Blizzard in Q4 2023, selling an estimated $2.9B.
- State Street's ten largest holdings make up 24% of its $2.06T portfolio in Q4 2023.
- State Street opened 54 new positions and closed 167 in Q4 2023.
- State Street's portfolio value rose 14% quarter-over-quarter to $2.06T.
Based on State Street's 13F filing for Q4 2023, filed 14 Feb 2024.