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 | |
|---|---|---|---|---|---|---|
976
Diamondrock Hospitality Co
DRH
$2.68B
| $87M | 0.01% |
7,544,406
+84,526
| +1% | +$855K |
|
977
Liberty Global Class A
LBTYA
$3.59B
| $86.7M | 0.01% |
2,833,312
-1,012,865
| -26% | -$32M |
|
978
Glacier Bancorp
GBCI
$6.36B
| $86.5M | 0.01% |
2,388,089
+219,864
| +10% | +$7.07M |
|
979
Ligand Pharmaceuticals
LGND
$5.77B
| $86.3M | 0.01% |
1,360,936
-36,208
| -3% | -$2.28M |
|
980
Axalta
AXTA
$7.45B
| $86.3M | 0.01% |
3,171,132
-123,945
| -4% | -$3.26M |
|
|
AZPN
981
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $86.1M | 0.01% |
1,574,259
-27,912
| -2% | -$1.53M |
|
982
Cheesecake Factory
CAKE
$5.03B
| $86.1M | 0.01% |
1,437,099
-18,049
| -1% | -$1.02M |
|
983
Vail Resorts
MTN
$5.7B
| $85.9M | 0.01% |
532,673
+16,706
| +3% | +$2.65M |
|
|
CXP
984
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $85.8M | 0.01% |
3,973,328
+75,228
| +2% | +$1.6M |
|
|
GRA
985
DELISTED
W.R. Grace & Co.
GRA
| $85.7M | 0.01% |
1,267,514
-170,553
| -12% | -$11.6M |
|
986
Terex
TEX
$7.37B
| $85.6M | 0.01% |
2,716,187
-48,857
| -2% | -$1.36M |
|
987
Jazz Pharmaceuticals
JAZZ
$16.1B
| $85.5M | 0.01% |
784,033
-39,451
| -5% | -$4.39M |
|
988
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| $85.4M | 0.01% |
997,981
-1,088,121
| -52% | -$91.4M |
|
|
WLL
989
DELISTED
Whiting Petroleum Corporation
WLL
| $85.1M | 0.01% |
23,604
-7,012
| -23% | -$21.1M |
|
990
Rayonier
RYN
$6.67B
| $85.1M | 0.01% |
3,524,736
-201,787
| -5% | -$4.88M |
|
|
CCP
991
DELISTED
Care Capital Properties, Inc.
CCP
| $84.9M | 0.01% |
3,394,020
-45,625
| -1% | -$1.14M |
|
|
NATI
992
DELISTED
National Instruments Corp
NATI
| $84.7M | 0.01% |
2,747,225
-52,917
| -2% | -$1.54M |
|
993
Cabot Corp
CBT
$4.72B
| $84.7M | 0.01% |
1,675,059
-45,013
| -3% | -$2.32M |
|
|
PSB
994
DELISTED
PS Business Parks, Inc.
PSB
| $84.6M | 0.01% |
726,417
+2,063
| +0.3% | +$226K |
|
995
XPO
XPO
$23.4B
| $84.5M | 0.01% |
5,663,940
+185,168
| +3% | +$2.58M |
|
996
Matador Resources
MTDR
$6.04B
| $84.5M | 0.01% |
3,280,497
+131,656
| +4% | +$3.19M |
|
997
Minerals Technologies
MTX
$2.29B
| $84.1M | 0.01% |
1,088,158
-15,313
| -1% | -$1.14M |
|
998
Oceaneering
OII
$4.64B
| $83.9M | 0.01% |
2,973,754
+31,112
| +1% | +$838K |
|
999
SPDR Gold Trust
GLD
$131B
| $83.6M | 0.01% |
762,940
-1,838,975
| -71% | -$213M |
|
1000
Genworth Financial
GNW
$3.86B
| $83.6M | 0.01% |
21,936,854
+1,751,256
| +9% | +$7.72M |
|
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.