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 | |
|---|---|---|---|---|---|---|
951
Urban Edge Properties
UE
$2.93B
| $116M | 0.01% |
6,038,499
-446,994
| -7% | -$9.03M |
|
952
Liberty Global Class C
LBTYK
$3.45B
| $115M | 0.01% |
5,291,818
+569,470
| +12% | +$12.8M |
|
953
Ingevity
NGVT
$2.5B
| $115M | 0.01% |
1,318,898
-7,970
| -0.6% | -$697K |
|
954
Agree Realty
ADC
$9.79B
| $115M | 0.01% |
1,625,187
-125,795
| -7% | -$9.28M |
|
955
Fulton Financial
FULT
$4.68B
| $115M | 0.01% |
6,547,061
+11,578
| +0.2% | +$197K |
|
956
Texas Roadhouse
TXRH
$13.8B
| $115M | 0.01% |
2,040,551
-41,334
| -2% | -$2.27M |
|
957
Melco Resorts & Entertainment
MLCO
$2.18B
| $115M | 0.01% |
4,754,595
-61,071
| -1% | -$1.33M |
|
958
New York Times
NYT
$12.4B
| $115M | 0.01% |
3,561,691
-53,273
| -1% | -$1.65M |
|
959
Wayfair
W
$11.7B
| $115M | 0.01% |
1,267,558
+2,962
| +0.2% | +$276K |
|
|
CADE
960
DELISTED
Cadence Bank
CADE
| $115M | 0.01% |
3,625,780
+9,499
| +0.3% | +$293K |
|
961
Diamondrock Hospitality Co
DRH
$2.67B
| $115M | 0.01% |
10,221,153
-667,682
| -6% | -$6.89M |
|
|
AVGOP
962
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
| $114M | 0.01% |
+98,000
| New | +$110M |
|
|
EFOR
963
Everforth Inc
EFOR
$965M
| $114M | 0.01% |
1,611,197
-26,346
| -2% | -$1.72M |
|
964
UMB Financial
UMBF
$11.2B
| $114M | 0.01% |
1,656,898
-28,010
| -2% | -$1.86M |
|
965
Texas Capital Bancshares
TCBI
$4.27B
| $114M | 0.01% |
2,011,746
-160,480
| -7% | -$9.15M |
|
966
Performance Food Group
PFGC
$18.3B
| $114M | 0.01% |
2,211,868
+32,770
| +2% | +$1.5M |
|
|
XHR
967
Xenia Hotels & Resorts
XHR
$2.01B
| $114M | 0.01% |
5,196,839
+29,514
| +0.6% | +$624K |
|
|
MBT
968
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $114M | 0.01% |
11,201,886
+354,755
| +3% | +$3.25M |
|
969
MongoDB
MDB
$25.8B
| $114M | 0.01% |
863,772
+43,629
| +5% | +$5.73M |
|
970
Mattel
MAT
$4.47B
| $113M | 0.01% |
8,362,360
-150,273
| -2% | -$1.78M |
|
971
RLJ Lodging Trust
RLJ
$1.89B
| $113M | 0.01% |
6,264,710
-279,622
| -4% | -$4.75M |
|
|
KYNB
972
Kyntra Bio
KYNB
$28.2M
| $113M | 0.01% |
105,484
-8,627
| -8% | -$8.81M |
|
973
World Kinect Corp
WKC
$2.04B
| $113M | 0.01% |
2,593,985
+1,292
| +0% | +$54.1K |
|
974
Globant
GLOB
$1.66B
| $113M | 0.01% |
1,061,253
+27,165
| +3% | +$2.7M |
|
|
FL
975
DELISTED
Foot Locker
FL
| $113M | 0.01% |
2,886,411
-86,142
| -3% | -$3.63M |
|
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.