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 | |
|---|---|---|---|---|---|---|
826
BridgeBio Pharma
BBIO
$16.1B
| $205M | 0.01% |
5,086,899
+46,485
| +0.9% | +$1.4M |
|
827
EPR Properties
EPR
$4.68B
| $205M | 0.01% |
4,214,273
+12,065
| +0.3% | +$538K |
|
828
Novanta
NOVT
$5.45B
| $205M | 0.01% |
1,219,057
+37,568
| +3% | +$5.48M |
|
829
Eagle Materials
EXP
$6.7B
| $204M | 0.01% |
1,003,197
+21,264
| +2% | +$3.74M |
|
830
Toronto Dominion Bank
TD
$200B
| $204M | 0.01% |
3,150,527
+20,784
| +0.7% | +$1.25M |
|
831
ONE Gas
OGS
$4.97B
| $203M | 0.01% |
3,183,957
+34,277
| +1% | +$2.17M |
|
832
FTI Consulting
FCN
$4.23B
| $203M | 0.01% |
1,018,518
+62,145
| +6% | +$12.9M |
|
833
Aramark
ARMK
$15B
| $203M | 0.01% |
7,218,056
-3,761,430
| -34% | -$102M |
|
834
Ionis Pharmaceuticals
IONS
$9.01B
| $203M | 0.01% |
4,008,797
+53,768
| +1% | +$2.58M |
|
|
SWAV
835
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $203M | 0.01% |
1,064,206
+44,849
| +4% | +$8.48M |
|
836
Acadia Pharmaceuticals
ACAD
$4.93B
| $202M | 0.01% |
6,465,026
+1,251,295
| +24% | +$29.9M |
|
837
Mueller Industries
MLI
$15.3B
| $202M | 0.01% |
8,585,614
+384,238
| +5% | +$7.76M |
|
838
Associated Banc-Corp
ASB
$5.95B
| $202M | 0.01% |
9,456,460
+1,429,388
| +18% | +$25.7M |
|
839
Zillow
Z
$8.26B
| $202M | 0.01% |
3,485,997
+213,173
| +7% | +$9.4M |
|
840
Saic
SAIC
$5.09B
| $201M | 0.01% |
1,620,224
+37,676
| +2% | +$4.38M |
|
841
Community Bank
CBU
$3.48B
| $201M | 0.01% |
3,829,764
+83,910
| +2% | +$3.77M |
|
842
Northern Oil and Gas
NOG
$2.15B
| $201M | 0.01% |
5,370,230
+745,691
| +16% | +$28.2M |
|
843
Radian Group
RDN
$5.21B
| $201M | 0.01% |
7,035,697
+395,832
| +6% | +$10.4M |
|
844
Brunswick
BC
$5.43B
| $201M | 0.01% |
2,075,686
+25,246
| +1% | +$2.01M |
|
845
Power Integrations
POWI
$3.45B
| $201M | 0.01% |
2,445,255
+41,788
| +2% | +$3.2M |
|
846
Park Hotels & Resorts
PK
$3.01B
| $201M | 0.01% |
12,376,944
-168,333
| -1% | -$2.32M |
|
847
SL Green Realty
SLG
$3.9B
| $201M | 0.01% |
4,417,247
+83,148
| +2% | +$3.07M |
|
848
Option Care Health
OPCH
$3.55B
| $200M | 0.01% |
5,932,295
+204,658
| +4% | +$6.29M |
|
849
Synaptics
SYNA
$3.91B
| $200M | 0.01% |
1,751,140
-92,225
| -5% | -$9.15M |
|
850
Natera
NTRA
$39.3B
| $200M | 0.01% |
3,185,683
+207,907
| +7% | +$10.4M |
|
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.