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 | |
|---|---|---|---|---|---|---|
|
AWH
876
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $107M | 0.01% |
1,985,690
+76,266
| +4% | +$3.5M |
|
877
Compass Minerals
CMP
$1.25B
| $107M | 0.01% |
1,360,063
+67,971
| +5% | +$5.17M |
|
878
Littelfuse
LFUS
$9.91B
| $106M | 0.01% |
699,986
+215,505
| +44% | +$30.7M |
|
879
Apple Hospitality REIT
APLE
$3.97B
| $106M | 0.01% |
5,297,777
+236,157
| +5% | +$4.39M |
|
880
Viasat
VSAT
$10.2B
| $106M | 0.01% |
1,597,746
+190,437
| +14% | +$13.6M |
|
|
JOY
881
DELISTED
Joy Global Inc
JOY
| $106M | 0.01% |
3,778,134
-91,300
| -2% | -$2.55M |
|
882
Ciena
CIEN
$49.6B
| $105M | 0.01% |
4,320,032
-69,567
| -2% | -$1.52M |
|
883
Cinemark Holdings
CNK
$4.09B
| $105M | 0.01% |
2,729,720
-55,809
| -2% | -$2.22M |
|
|
CTLT
884
DELISTED
CATALENT, INC.
CTLT
| $105M | 0.01% |
3,881,418
-148,747
| -4% | -$3.69M |
|
|
HDS
885
DELISTED
HD Supply Holdings, Inc.
HDS
| $105M | 0.01% |
2,459,201
+51,698
| +2% | +$1.91M |
|
886
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $104M | 0.01% |
1,506,942
+233,287
| +18% | +$14.1M |
|
887
Worthington Enterprises
WOR
$2.82B
| $104M | 0.01% |
3,569,871
-60,984
| -2% | -$1.96M |
|
|
SLCA
888
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $104M | 0.01% |
1,839,756
+285,251
| +18% | +$14.1M |
|
889
CoStar Group
CSGP
$12.4B
| $104M | 0.01% |
5,530,030
+1,611,480
| +41% | +$31.6M |
|
890
Steris
STE
$22.4B
| $104M | 0.01% |
1,541,838
-3,894
| -0.3% | -$264K |
|
|
SF
891
Stifel
SF
$12.8B
| $104M | 0.01% |
4,671,756
-56,567
| -1% | -$1.14M |
|
892
Sally Beauty Holdings
SBH
$1.48B
| $104M | 0.01% |
3,919,485
-306,929
| -7% | -$8.1M |
|
|
TECD
893
DELISTED
Tech Data Corp
TECD
| $104M | 0.01% |
1,222,451
+5,129
| +0.4% | +$426K |
|
894
Monolithic Power Systems
MPWR
$63B
| $103M | 0.01% |
1,261,752
-9,660
| -0.8% | -$776K |
|
895
Landstar System
LSTR
$6.29B
| $103M | 0.01% |
1,208,933
+21,492
| +2% | +$1.67M |
|
|
THS
896
DELISTED
Treehouse Foods
THS
| $102M | 0.01% |
1,414,036
-34,626
| -2% | -$2.65M |
|
|
ISIL
897
DELISTED
Intersil Corp
ISIL
| $101M | 0.01% |
4,525,086
-27,850
| -0.6% | -$617K |
|
898
Belden
BDC
$4.09B
| $101M | 0.01% |
1,347,895
-2,647
| -0.2% | -$189K |
|
899
Hain Celestial
HAIN
$44.8M
| $101M | 0.01% |
2,580,907
-38,792
| -1% | -$1.45M |
|
|
900
Alcoa
AA
$11.7B
| $101M | 0.01% |
3,581,019
-21,743,889
| -86% | -$590M |
|
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.