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 |
Bristol-Myers Squibb
BMY
|
+$1.79B |
| 2 |
Truist Financial
TFC
|
+$1.36B |
| 3 |
Alibaba
BABA
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$945M |
| 5 |
Las Vegas Sands
LVS
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$2.96B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$1.4B |
| 3 |
Cummins
CMI
|
+$607M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$414M |
| 5 |
RTX Corp
RTX
|
+$402M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.83% |
| 2 | Financials | 15.11% |
| 3 | Healthcare | 13.45% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NATI
901
DELISTED
National Instruments Corp
NATI
| $127M | 0.01% |
2,989,576
-52,454
| -2% | -$2.19M |
|
902
Portland General Electric
POR
$5.92B
| $126M | 0.01% |
2,250,271
+265,055
| +13% | +$14.8M |
|
903
Semtech
SMTC
$10.4B
| $126M | 0.01% |
2,375,252
+59,739
| +3% | +$2.99M |
|
904
Manhattan Associates
MANH
$9.95B
| $125M | 0.01% |
1,572,108
-34,158
| -2% | -$2.72M |
|
905
JetBlue
JBLU
$2.23B
| $125M | 0.01% |
6,671,018
-392,936
| -6% | -$7.3M |
|
|
IBKC
906
DELISTED
IBERIABANK Corp
IBKC
| $125M | 0.01% |
1,658,495
+125,504
| +8% | +$9.32M |
|
|
CADE
907
DELISTED
Cadence Bancorporation
CADE
| $125M | 0.01% |
6,878,891
+1,596,734
| +30% | +$26.7M |
|
908
Teladoc Health
TDOC
$1.69B
| $124M | 0.01% |
1,478,511
+30,086
| +2% | +$2.29M |
|
909
Etsy
ETSY
$8.21B
| $124M | 0.01% |
2,794,100
-92,838
| -3% | -$4.42M |
|
|
WUBA
910
DELISTED
58.com Inc
WUBA
| $124M | 0.01% |
1,912,074
-44,407
| -2% | -$2.5M |
|
911
iShares 7-10 Year Treasury Bond ETF
IEF
$47.4B
| $124M | 0.01% |
1,122,457
-426
| -0% | -$47.5K |
|
912
STAG Industrial
STAG
$7.79B
| $124M | 0.01% |
3,898,547
-317,649
| -8% | -$9.74M |
|
|
CPE
913
DELISTED
Callon Petroleum Company
CPE
| $124M | 0.01% |
2,557,182
+991,929
| +63% | +$41M |
|
914
Blackbaud
BLKB
$1.65B
| $123M | 0.01% |
1,549,553
-1,985
| -0.1% | -$166K |
|
915
Bank of Hawaii
BOH
$3.16B
| $123M | 0.01% |
1,295,393
-45,842
| -3% | -$4.08M |
|
916
Teva Pharmaceuticals
TEVA
$36.9B
| $123M | 0.01% |
12,539,520
+638,141
| +5% | +$5.7M |
|
917
National Health Investors
NHI
$3.81B
| $123M | 0.01% |
1,485,380
-124,812
| -8% | -$10.2M |
|
918
Bright Horizons
BFAM
$4.24B
| $122M | 0.01% |
813,583
+17,112
| +2% | +$2.57M |
|
919
Kirby Corp
KEX
$7.77B
| $122M | 0.01% |
1,363,716
-19,808
| -1% | -$1.64M |
|
920
Travel + Leisure Co
TNL
$4.81B
| $122M | 0.01% |
2,357,466
-81,057
| -3% | -$3.88M |
|
921
Essent Group
ESNT
$6.21B
| $122M | 0.01% |
2,343,230
-68,106
| -3% | -$3.55M |
|
922
Snap
SNAP
$8.02B
| $122M | 0.01% |
7,450,655
+329,142
| +5% | +$4.84M |
|
923
Carter's
CRI
$1.45B
| $122M | 0.01% |
1,112,617
-29,680
| -3% | -$3.01M |
|
|
ELME
924
Elme Communities
ELME
$142M
| $121M | 0.01% |
4,119,712
-255,515
| -6% | -$7.59M |
|
925
MasTec
MTZ
$24.7B
| $121M | 0.01% |
1,888,640
-5,015
| -0.3% | -$330K |
|
Similar funds
State Street's Q4 2019 Portfolio in Review
As of Q4 2019, State Street held 3,899 positions worth $1.46T, up 8.8% from $1.34T the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.8%. State Street opened 94 new positions and exited 92, leaving the 3,899-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 98,000 shares worth $114M.
- State Street added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.79B increase.
- State Street's biggest Q4 2019 reduction was Cummins, cutting an estimated $607M.
- State Street fully exited Celgene Corp in Q4 2019, selling an estimated $2.96B.
- State Street's ten largest holdings make up 18% of its $1.46T portfolio in Q4 2019.
- State Street opened 94 new positions and closed 92 in Q4 2019.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q4 2019, filed 6 Feb 2020.