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 | |
|---|---|---|---|---|---|---|
801
COPT Defense Properties
CDP
$4.34B
| $126M | 0.01% |
4,021,499
-99,962
| -2% | -$2.84M |
|
802
First American
FAF
$8.08B
| $125M | 0.01% |
3,414,898
+103,030
| +3% | +$3.95M |
|
803
SLM Corp
SLM
$4.74B
| $125M | 0.01% |
11,306,314
-194,148
| -2% | -$1.74M |
|
|
LSXMK
804
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $125M | 0.01% |
4,819,203
+23,325
| +0.5% | +$605K |
|
|
RSPP
805
DELISTED
RSP Permian, Inc.
RSPP
| $124M | 0.01% |
2,776,395
+261,965
| +10% | +$10.8M |
|
806
CNX Resources
CNX
$4.84B
| $123M | 0.01% |
8,110,942
+340,439
| +4% | +$5.37M |
|
807
Ziff Davis
ZD
$1.95B
| $123M | 0.01% |
1,729,281
-45,122
| -3% | -$2.87M |
|
|
MENT
808
DELISTED
Mentor Graphics Corp
MENT
| $123M | 0.01% |
3,330,449
-13,828
| -0.4% | -$452K |
|
809
Thomson Reuters
TRI
$45.1B
| $123M | 0.01% |
2,415,951
-40,590
| -2% | -$1.98M |
|
810
Teradata
TDC
$2.75B
| $122M | 0.01% |
4,506,756
-16,171
| -0.4% | -$456K |
|
811
State Street SPDR S&P International Small Cap ETF
GWX
$851M
| $122M | 0.01% |
4,220,267
+787,245
| +23% | +$23.7M |
|
812
Commercial Metals
CMC
$7.8B
| $122M | 0.01% |
5,617,837
-129,619
| -2% | -$2.54M |
|
813
MGIC Investment
MTG
$6.47B
| $122M | 0.01% |
11,985,869
+83,474
| +0.7% | +$754K |
|
814
O-I Glass
OI
$1.39B
| $122M | 0.01% |
7,010,371
-1,288,645
| -16% | -$23.4M |
|
|
MBLY
815
DELISTED
Mobileye N.V.
MBLY
| $122M | 0.01% |
3,201,780
+611,941
| +24% | +$23M |
|
|
S
816
DELISTED
Sprint Corporation
S
| $122M | 0.01% |
14,469,885
+688,529
| +5% | +$5.1M |
|
817
Southwest Gas
SWX
$6.7B
| $122M | 0.01% |
1,588,033
-1,652
| -0.1% | -$119K |
|
|
MIC
818
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $121M | 0.01% |
1,479,250
+473,094
| +47% | +$38.8M |
|
819
Norwegian Cruise Line
NCLH
$9.74B
| $121M | 0.01% |
2,841,151
+18,599
| +0.7% | +$745K |
|
820
Saic
SAIC
$5.14B
| $121M | 0.01% |
1,423,688
-20,178
| -1% | -$1.55M |
|
|
SPR
821
DELISTED
Spirit AeroSystems
SPR
| $121M | 0.01% |
2,067,508
+142,702
| +7% | +$7.74M |
|
822
Encompass Health
EHC
$11.5B
| $121M | 0.01% |
3,676,705
+1,426,409
| +63% | +$46.3M |
|
|
EQY
823
DELISTED
Equity One
EQY
| $120M | 0.01% |
3,915,027
-35,279
| -0.9% | -$1.03M |
|
|
VRE
824
DELISTED
Veris Residential
VRE
| $120M | 0.01% |
4,137,967
-19,852
| -0.5% | -$532K |
|
|
825
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
| $120M | 0.01% |
+101,731
| New | +$126M |
|
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.