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 | |
|---|---|---|---|---|---|---|
|
QCP
901
DELISTED
Quality Care Properties, Inc.
QCP
| $100M | 0.01% |
+6,480,955
| New | +$97.1M |
|
|
GWB
902
DELISTED
Great Western Bancorp, Inc.
GWB
| $100M | 0.01% |
2,300,078
+229,334
| +11% | +$8.57M |
|
|
SRC
903
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $100M | 0.01% |
2,054,212
+59,982
| +3% | +$3.05M |
|
|
WBC
904
DELISTED
WABCO HOLDINGS INC.
WBC
| $99.6M | 0.01% |
938,751
+4,814
| +0.5% | +$503K |
|
|
AHL
905
DELISTED
ASPEN Insurance Holding Limited
AHL
| $99.5M | 0.01% |
1,809,688
+11,728
| +0.7% | +$598K |
|
|
CAA
906
DELISTED
CalAtlantic Group, Inc.
CAA
| $99.5M | 0.01% |
2,924,990
-108,335
| -4% | -$3.58M |
|
907
InterDigital
IDCC
$6.72B
| $99.3M | 0.01% |
1,086,958
-5,056
| -0.5% | -$406K |
|
908
Bio-Techne
TECH
$11.2B
| $99.2M | 0.01% |
3,857,916
-100,268
| -3% | -$2.63M |
|
909
Infosys
INFY
$50B
| $99.2M | 0.01% |
13,372,360
+17,122
| +0.1% | +$129K |
|
910
Texas Roadhouse
TXRH
$13.5B
| $99M | 0.01% |
2,052,511
-42,365
| -2% | -$1.86M |
|
911
Watsco Inc
WSO
$15.1B
| $99M | 0.01% |
668,343
-14,380
| -2% | -$2.08M |
|
912
Manhattan Associates
MANH
$9.95B
| $98.7M | 0.01% |
1,861,277
-94,796
| -5% | -$5.06M |
|
|
LNCE
913
DELISTED
Snyders-Lance, Inc.
LNCE
| $98.6M | 0.01% |
2,572,785
+35,827
| +1% | +$1.31M |
|
914
Flex
FLEX
$41.5B
| $98.6M | 0.01% |
9,107,225
+202,220
| +2% | +$2.16M |
|
|
CY
915
DELISTED
Cypress Semiconductor
CY
| $98.5M | 0.01% |
8,614,412
-156,788
| -2% | -$1.72M |
|
916
TSMC
TSM
$2.03T
| $98.5M | 0.01% |
3,427,272
+240,815
| +8% | +$7.25M |
|
|
CST
917
DELISTED
CST Brands, Inc.
CST
| $98.5M | 0.01% |
2,045,734
-29,477
| -1% | -$1.42M |
|
918
Ultragenyx Pharmaceutical
RARE
$2.56B
| $98.2M | 0.01% |
1,397,189
-80,247
| -5% | -$5.69M |
|
919
Bio-Rad Laboratories Class A
BIO
$8.86B
| $98.1M | 0.01% |
538,318
-3,936
| -0.7% | -$671K |
|
|
ARIA
920
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $97.9M | 0.01% |
7,869,172
+110,345
| +1% | +$1.33M |
|
921
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.83B
| $97.5M | 0.01% |
3,397,882
+1,612,442
| +90% | +$44.1M |
|
922
Prestige Consumer Healthcare
PBH
$2.45B
| $97.5M | 0.01% |
1,870,847
-135,895
| -7% | -$6.56M |
|
923
Acadia Pharmaceuticals
ACAD
$4.45B
| $96.7M | 0.01% |
3,354,026
+246,198
| +8% | +$6.51M |
|
924
Itaú Unibanco
ITUB
$91.6B
| $96.6M | 0.01% |
19,375,916
-55,164
| -0.3% | -$283K |
|
925
Urban Outfitters
URBN
$6.44B
| $96.1M | 0.01% |
3,375,951
-93,153
| -3% | -$3.14M |
|
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.