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 |
Microsoft
MSFT
|
+$3.26B |
| 2 |
Apple
AAPL
|
+$3.09B |
| 3 |
ConocoPhillips
COP
|
+$1.86B |
| 4 |
Uber
UBER
|
+$1.85B |
| 5 |
Broadcom
AVGO
|
+$1.84B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$2.9B |
| 2 |
VMW
VMware, Inc
VMW
|
+$913M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$713M |
| 4 |
Danaher
DHR
|
+$627M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$606M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.11% |
| 2 | Financials | 12.81% |
| 3 | Healthcare | 12.79% |
| 4 | Consumer Discretionary | 10.15% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SFBS
1001
ServisFirst Bancshares
SFBS
$4.87B
| $156M | 0.01% |
2,326,725
+204,888
| +10% | +$11.1M |
|
1002
Ultragenyx Pharmaceutical
RARE
$2.54B
| $156M | 0.01% |
3,252,502
+684,644
| +27% | +$26.5M |
|
1003
Nexstar Media Group
NXST
$5.74B
| $156M | 0.01% |
992,126
+27,455
| +3% | +$4.02M |
|
1004
Axcelis
ACLS
$4.2B
| $155M | 0.01% |
1,195,470
+48,898
| +4% | +$6.74M |
|
1005
CareTrust REIT
CTRE
$9.72B
| $155M | 0.01% |
6,830,147
+603,528
| +10% | +$13.4M |
|
1006
ManpowerGroup
MAN
$2.57B
| $154M | 0.01% |
1,940,903
+9,928
| +0.5% | +$738K |
|
1007
Roivant Sciences
ROIV
$25.4B
| $154M | 0.01% |
13,727,418
+3,406,626
| +33% | +$33.2M |
|
1008
DXC Technology
DXC
$1.77B
| $154M | 0.01% |
6,737,989
-565,039
| -8% | -$12.6M |
|
1009
Exponent
EXPO
$3.21B
| $154M | 0.01% |
1,748,905
+48,948
| +3% | +$4.01M |
|
1010
Duolingo
DUOL
$5.71B
| $154M | 0.01% |
677,560
+39,521
| +6% | +$7.68M |
|
1011
Ashland
ASH
$3.32B
| $154M | 0.01% |
1,821,018
+56,715
| +3% | +$4.5M |
|
1012
Krystal Biotech
KRYS
$9.55B
| $154M | 0.01% |
1,237,497
+205,670
| +20% | +$22.8M |
|
1013
Resideo Technologies
REZI
$3.95B
| $153M | 0.01% |
8,153,552
-140,715
| -2% | -$2.3M |
|
|
JWN
1014
DELISTED
Nordstrom
JWN
| $153M | 0.01% |
8,301,506
-223,933
| -3% | -$3.44M |
|
1015
Assured Guaranty
AGO
$3.66B
| $153M | 0.01% |
2,046,440
+38,202
| +2% | +$2.52M |
|
1016
Haemonetics
HAE
$3.86B
| $153M | 0.01% |
1,789,636
+48,151
| +3% | +$4.16M |
|
1017
Ormat Technologies
ORA
$6.6B
| $153M | 0.01% |
2,013,559
+101,966
| +5% | +$6.92M |
|
1018
Walker & Dunlop
WD
$1.52B
| $152M | 0.01% |
1,372,238
+62,028
| +5% | +$5.09M |
|
1019
Core & Main
CNM
$8.52B
| $152M | 0.01% |
3,757,510
+2,341,830
| +165% | +$79.3M |
|
1020
Coca-Cola Consolidated
COKE
$12.5B
| $151M | 0.01% |
1,631,700
+24,300
| +2% | +$1.76M |
|
1021
Valmont Industries
VMI
$9.5B
| $151M | 0.01% |
646,866
+37,514
| +6% | +$8.25M |
|
1022
Elastic
ESTC
$7.27B
| $151M | 0.01% |
1,343,471
+89,281
| +7% | +$7.93M |
|
1023
Robinhood
HOOD
$81.6B
| $151M | 0.01% |
11,884,065
+627,230
| +6% | +$6.23M |
|
1024
First Bancorp
FBP
$4.44B
| $151M | 0.01% |
9,173,043
+393,594
| +4% | +$5.81M |
|
1025
Helmerich & Payne
HP
$3.7B
| $150M | 0.01% |
4,149,934
+19,928
| +0.5% | +$771K |
|
Similar funds
State Street's Q4 2023 Portfolio in Review
As of Q4 2023, State Street held 4,602 positions worth $2.06T, up 14% from $1.8T the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.8%. State Street opened 54 new positions and exited 167, leaving the 4,602-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2023 buy was Veralto: 8,754,876 shares worth $721M.
- State Street added most to Microsoft in Q4 2023, an estimated $3.26B increase.
- State Street's biggest Q4 2023 reduction was Danaher, cutting an estimated $627M.
- State Street fully exited Activision Blizzard in Q4 2023, selling an estimated $2.9B.
- State Street's ten largest holdings make up 24% of its $2.06T portfolio in Q4 2023.
- State Street opened 54 new positions and closed 167 in Q4 2023.
- State Street's portfolio value rose 14% quarter-over-quarter to $2.06T.
Based on State Street's 13F filing for Q4 2023, filed 14 Feb 2024.