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 | |
|---|---|---|---|---|---|---|
776
Selective Insurance
SIGI
$5.76B
| $225M | 0.01% |
2,263,357
+100,649
| +5% | +$10.3M |
|
|
WCC
777
WESCO International
WCC
$18.2B
| $225M | 0.01% |
1,291,267
+42,092
| +3% | +$6.31M |
|
|
AZPN
778
DELISTED
Aspen Technology Inc
AZPN
| $224M | 0.01% |
1,019,355
+58,482
| +6% | +$11.3M |
|
779
Glacier Bancorp
GBCI
$6.51B
| $224M | 0.01% |
5,426,578
+353,674
| +7% | +$12M |
|
780
Kinsale Capital Group
KNSL
$8.45B
| $224M | 0.01% |
669,204
+41,637
| +7% | +$15.4M |
|
|
BPMC
781
DELISTED
Blueprint Medicines
BPMC
| $224M | 0.01% |
2,424,200
-201,427
| -8% | -$13.1M |
|
782
Bentley Systems
BSY
$10.9B
| $224M | 0.01% |
4,283,280
+257,216
| +6% | +$13.2M |
|
783
AGCO
AGCO
$7.27B
| $223M | 0.01% |
1,840,198
+81,956
| +5% | +$9.58M |
|
784
Middleby
MIDD
$6.12B
| $223M | 0.01% |
1,517,933
+56,435
| +4% | +$7.17M |
|
785
Macy's
M
$6.71B
| $223M | 0.01% |
10,977,744
-368,216
| -3% | -$5.33M |
|
786
Primerica
PRI
$10B
| $222M | 0.01% |
1,077,406
+9,586
| +0.9% | +$1.96M |
|
787
Macerich
MAC
$7.2B
| $222M | 0.01% |
14,365,906
+116,106
| +0.8% | +$1.38M |
|
788
State Street SPDR Dow Jones Global Real Estate ETF
RWO
$1.31B
| $221M | 0.01% |
5,045,927
-506,760
| -9% | -$20M |
|
789
Tradeweb Markets
TW
$21.8B
| $220M | 0.01% |
2,425,732
+65,488
| +3% | +$5.85M |
|
790
Carpenter Technology
CRS
$28.3B
| $220M | 0.01% |
3,109,868
+121,093
| +4% | +$8.14M |
|
791
Essent Group
ESNT
$6.13B
| $220M | 0.01% |
4,171,552
+247,619
| +6% | +$12.1M |
|
792
Franklin Electric
FELE
$4.87B
| $220M | 0.01% |
2,276,071
+46,916
| +2% | +$4.21M |
|
793
KBR
KBR
$4.58B
| $218M | 0.01% |
3,933,471
+166,040
| +4% | +$9.16M |
|
794
Hancock Whitney
HWC
$6.3B
| $218M | 0.01% |
4,482,703
+468,432
| +12% | +$18.7M |
|
795
Landstar System
LSTR
$6.09B
| $217M | 0.01% |
1,119,312
+34,914
| +3% | +$6.18M |
|
796
PVH
PVH
$4.01B
| $216M | 0.01% |
1,767,698
-11,298
| -0.6% | -$1.01M |
|
797
Maximus
MMS
$3.32B
| $215M | 0.01% |
2,567,915
+34,069
| +1% | +$2.72M |
|
798
CACI
CACI
$11.4B
| $215M | 0.01% |
664,810
+10,841
| +2% | +$3.52M |
|
799
Oshkosh
OSK
$9.43B
| $215M | 0.01% |
1,985,144
+100,095
| +5% | +$9.68M |
|
800
FNB Corp
FNB
$6.84B
| $215M | 0.01% |
15,585,391
+1,473,311
| +10% | +$17.4M |
|
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.