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 | |
|---|---|---|---|---|---|---|
826
State Street SPDR Dow Jones International Real Estate ETF
RWX
$267M
| $107M | 0.01% |
2,588,049
-629,159
| -20% | -$25.6M |
|
827
Lazard
LAZ
$4.21B
| $106M | 0.01% |
2,251,078
+927,425
| +70% | +$41.7M |
|
|
INFA
828
DELISTED
INFORMATICA CORP
INFA
| $106M | 0.01% |
2,803,561
+6,651
| +0.2% | +$268K |
|
829
Herbalife
HLF
$1.3B
| $106M | 0.01% |
3,690,712
-44,000
| -1% | -$1.45M |
|
|
UFS
830
DELISTED
DOMTAR CORPORATION (New)
UFS
| $106M | 0.01% |
1,883,196
-40,186
| -2% | -$2.07M |
|
831
MSC Industrial Direct
MSM
$6.97B
| $106M | 0.01% |
1,221,208
-16,876
| -1% | -$1.44M |
|
832
Cathay General Bancorp
CATY
$4.25B
| $105M | 0.01% |
4,179,767
+67,055
| +2% | +$1.68M |
|
833
Teradyne
TER
$50.2B
| $105M | 0.01% |
5,292,732
-7,550
| -0.1% | -$146K |
|
|
LVLT
834
DELISTED
Level 3 Communications Inc
LVLT
| $105M | 0.01% |
2,687,329
+18,770
| +0.7% | +$675K |
|
|
MCRS
835
DELISTED
MICROS SYSTEMS INC
MCRS
| $105M | 0.01% |
1,983,726
+992
| +0.1% | +$55K |
|
|
ACC
836
DELISTED
American Campus Communities, Inc.
ACC
| $105M | 0.01% |
2,801,440
+41,207
| +1% | +$1.46M |
|
|
DNY
837
DELISTED
DONNELLEY R R & SONS CO
DNY
| $104M | 0.01% |
5,833,749
+386,160
| +7% | +$6.91M |
|
838
First American
FAF
$8.08B
| $104M | 0.01% |
3,932,340
-142,600
| -3% | -$3.78M |
|
839
World Kinect Corp
WKC
$2.06B
| $104M | 0.01% |
2,363,962
+8,345
| +0.4% | +$369K |
|
840
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.69B
| $104M | 0.01% |
89,638
+14,500
| +19% | +$16.8M |
|
841
Graham Holdings Company
GHC
$5.23B
| $104M | 0.01% |
244,928
-22,340
| -8% | -$9.12M |
|
842
Ionis Pharmaceuticals
IONS
$9.14B
| $104M | 0.01% |
2,407,833
+13,556
| +0.6% | +$657K |
|
|
CRR
843
DELISTED
Carbo Ceramics Inc.
CRR
| $104M | 0.01% |
751,868
+1,393
| +0.2% | +$165K |
|
|
BID
844
DELISTED
Sotheby's
BID
| $104M | 0.01% |
2,379,263
+13,572
| +0.6% | +$650K |
|
845
iShares Core MSCI Emerging Markets ETF
IEMG
$147B
| $104M | 0.01% |
2,111,214
+233,088
| +12% | +$11M |
|
846
State Street Industrial Select Sector SPDR ETF
XLI
$33.3B
| $104M | 0.01% |
1,978,251
-4,190
| -0.2% | -$215K |
|
847
State Street Technology Select Sector SPDR ETF
XLK
$112B
| $103M | 0.01% |
+5,688,830
| New | +$102M |
|
848
Commault Systems
CVLT
$4.97B
| $103M | 0.01% |
1,578,620
+14,100
| +0.9% | +$975K |
|
849
Middleby
MIDD
$6.11B
| $102M | 0.01% |
1,152,945
+9,603
| +0.8% | +$838K |
|
850
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.9B
| $101M | 0.01% |
3,118,136
+73,708
| +2% | +$2.4M |
|
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.