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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
926
Hancock Whitney
HWC
$6.24B
| $150M | 0.01% |
4,110,012
+214,623
| +6% | +$10M |
|
927
Eagle Materials
EXP
$6.57B
| $150M | 0.01% |
1,017,058
+679
| +0.1% | +$96.3K |
|
928
Amdocs
DOX
$6.22B
| $149M | 0.01% |
1,549,802
-2,971
| -0.2% | -$275K |
|
|
FYBR
929
DELISTED
Frontier Communications
FYBR
| $149M | 0.01% |
6,560,953
+102,152
| +2% | +$2.74M |
|
930
Vornado Realty Trust
VNO
$7.38B
| $149M | 0.01% |
9,714,492
-3,953,780
| -29% | -$79.9M |
|
931
BellRing Brands
BRBR
$1.34B
| $149M | 0.01% |
4,378,416
+94,960
| +2% | +$2.8M |
|
932
DT Midstream
DTM
$13.4B
| $149M | 0.01% |
2,968,352
+59,731
| +2% | +$3.1M |
|
933
Fabrinet
FN
$20.1B
| $148M | 0.01% |
1,249,234
+43,985
| +4% | +$5.47M |
|
934
Onto Innovation
ONTO
$15.3B
| $148M | 0.01% |
1,687,670
+58,146
| +4% | +$4.72M |
|
935
Associated Banc-Corp
ASB
$5.91B
| $148M | 0.01% |
8,238,882
+319,716
| +4% | +$7M |
|
936
Rivian
RIVN
$23.2B
| $148M | 0.01% |
9,547,650
+277,742
| +3% | +$4.69M |
|
937
Inspire Medical Systems
INSP
$1.74B
| $148M | 0.01% |
630,841
+30,054
| +5% | +$7.6M |
|
938
Axcelis
ACLS
$4.33B
| $147M | 0.01% |
1,105,773
+9,186
| +0.8% | +$1.08M |
|
939
Alibaba
BABA
$308B
| $147M | 0.01% |
1,438,164
-2,764,043
| -66% | -$277M |
|
940
Mueller Industries
MLI
$15.2B
| $147M | 0.01% |
7,996,708
+333,584
| +4% | +$5.82M |
|
941
Spire
SR
$4.85B
| $147M | 0.01% |
2,072,123
-315,817
| -13% | -$22.4M |
|
942
Popular Inc
BPOP
$11.1B
| $147M | 0.01% |
2,527,461
+167,707
| +7% | +$10.9M |
|
943
Cabot Corp
CBT
$4.52B
| $147M | 0.01% |
1,915,557
+56,765
| +3% | +$4.26M |
|
944
Independent Bank
INDB
$3.97B
| $147M | 0.01% |
2,216,687
+218,237
| +11% | +$16.7M |
|
945
Euronet Worldwide
EEFT
$2.7B
| $146M | 0.01% |
1,306,875
+9,691
| +0.7% | +$1.05M |
|
946
Ryder
R
$10.1B
| $146M | 0.01% |
1,637,464
-43,321
| -3% | -$3.99M |
|
947
Hanover Insurance
THG
$7.98B
| $146M | 0.01% |
1,136,855
+9,252
| +0.8% | +$1.24M |
|
948
Celsius Holdings
CELH
$7.03B
| $146M | 0.01% |
4,698,495
+128,463
| +3% | +$4.05M |
|
949
Hawaiian Electric Industries
HE
$2.14B
| $145M | 0.01% |
3,788,573
-74,780
| -2% | -$3.03M |
|
|
UCB
950
United Community Banks
UCB
$4.28B
| $145M | 0.01% |
5,129,344
+168,402
| +3% | +$5.32M |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.