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 | |
|---|---|---|---|---|---|---|
1051
Texas Capital Bancshares
TCBI
$4.32B
| $123M | 0.01% |
2,512,145
-109,536
| -4% | -$6.73M |
|
1052
EnerSys
ENS
$6.99B
| $123M | 0.01% |
1,414,007
+45,139
| +3% | +$3.8M |
|
|
ARCH
1053
DELISTED
Arch Resources, Inc.
ARCH
| $122M | 0.01% |
930,558
+16,321
| +2% | +$2.36M |
|
1054
CareTrust REIT
CTRE
$9.74B
| $122M | 0.01% |
6,151,735
+162,956
| +3% | +$3.19M |
|
1055
Pebblebrook Hotel Trust
PEB
$2.05B
| $122M | 0.01% |
8,676,981
+567,463
| +7% | +$8.28M |
|
|
KW
1056
DELISTED
Kennedy-Wilson Holdings
KW
| $122M | 0.01% |
7,247,244
+2,365,203
| +48% | +$40.3M |
|
1057
Sociedad Química y Minera de Chile
SQM
$20.6B
| $122M | 0.01% |
1,500,713
+78,986
| +6% | +$6.8M |
|
1058
CONMED
CNMD
$1.47B
| $121M | 0.01% |
1,165,135
+33,781
| +3% | +$3.27M |
|
1059
TD Synnex
SNX
$20.2B
| $121M | 0.01% |
1,251,573
+52,348
| +4% | +$5.2M |
|
1060
SiTime
SITM
$21.8B
| $121M | 0.01% |
849,927
+21,921
| +3% | +$2.69M |
|
1061
Douglas Emmett
DEI
$1.96B
| $121M | 0.01% |
9,648,978
+40,555
| +0.4% | +$589K |
|
1062
Hilton Grand Vacations
HGV
$3.55B
| $120M | 0.01% |
2,711,513
+995,676
| +58% | +$45.1M |
|
|
WIRE
1063
DELISTED
Encore Wire Corp
WIRE
| $120M | 0.01% |
649,708
-2,826
| -0.4% | -$482K |
|
1064
Coty
COTY
$2.48B
| $120M | 0.01% |
9,983,891
+200,967
| +2% | +$2.13M |
|
1065
Evercore
EVR
$11.8B
| $120M | 0.01% |
1,041,401
+1,190
| +0.1% | +$148K |
|
|
SPR
1066
DELISTED
Spirit AeroSystems
SPR
| $120M | 0.01% |
3,476,008
-28,724
| -0.8% | -$964K |
|
1067
Prestige Consumer Healthcare
PBH
$2.6B
| $120M | 0.01% |
1,914,015
+46,618
| +2% | +$2.91M |
|
1068
Materion
MTRN
$6.04B
| $119M | 0.01% |
1,029,596
+55,710
| +6% | +$5.58M |
|
1069
Lumen
LUMN
$6.44B
| $119M | 0.01% |
45,035,031
-8,860,857
| -16% | -$35.7M |
|
1070
FirstCash
FCFS
$8.78B
| $119M | 0.01% |
1,251,280
+12,150
| +1% | +$1.1M |
|
|
LTC
1071
LTC Properties
LTC
$2.15B
| $119M | 0.01% |
3,388,790
-319,787
| -9% | -$11.5M |
|
|
FL
1072
DELISTED
Foot Locker
FL
| $119M | 0.01% |
2,998,328
+44,845
| +2% | +$1.88M |
|
1073
Teradata
TDC
$2.55B
| $119M | 0.01% |
2,953,041
+92,045
| +3% | +$3.42M |
|
1074
Carpenter Technology
CRS
$28.4B
| $119M | 0.01% |
2,652,588
+210,714
| +9% | +$9.6M |
|
|
BERY
1075
DELISTED
Berry Global Group, Inc.
BERY
| $118M | 0.01% |
2,190,044
+60,230
| +3% | +$3.33M |
|
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.