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 |
Kenvue
KVUE
|
+$1.73B |
| 2 |
Blackstone
BX
|
+$1.35B |
| 3 |
Airbnb
ABNB
|
+$1.05B |
| 4 |
Walmart Inc
WMT
|
+$665M |
| 5 |
Extra Space Storage
EXR
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.8B |
| 2 |
Apple
AAPL
|
+$1.76B |
| 3 |
Microsoft
MSFT
|
+$1.7B |
| 4 |
NVIDIA
NVDA
|
+$1.27B |
| 5 |
Coca-Cola
KO
|
+$960M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.76% |
| 2 | Healthcare | 13.55% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.94% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
MasTec
MTZ
$25.6B
| $122M | 0.01% |
1,698,481
+25,015
| +1% | +$2.49M |
|
|
TPH
1052
DELISTED
Tri Pointe Homes
TPH
| $122M | 0.01% |
4,466,159
+70,330
| +2% | +$2.16M |
|
1053
Installed Building Products
IBP
$6.07B
| $122M | 0.01% |
976,541
+17,541
| +2% | +$2.48M |
|
|
DVAX
1054
DELISTED
Dynavax Technologies
DVAX
| $122M | 0.01% |
8,256,188
+467,821
| +6% | +$6.58M |
|
1055
Assured Guaranty
AGO
$3.73B
| $122M | 0.01% |
2,008,238
-51,275
| -2% | -$3.04M |
|
1056
AMN Healthcare
AMN
$1.35B
| $121M | 0.01% |
1,422,964
-17,445
| -1% | -$1.65M |
|
1057
Harley-Davidson
HOG
$2.59B
| $121M | 0.01% |
3,648,158
-51,502
| -1% | -$1.79M |
|
1058
Roivant Sciences
ROIV
$24.9B
| $121M | 0.01% |
10,320,792
+786,896
| +8% | +$8.9M |
|
1059
Frontdoor
FTDR
$5.16B
| $121M | 0.01% |
3,940,499
-36,007
| -0.9% | -$1.19M |
|
1060
RH
RH
$3.15B
| $120M | 0.01% |
453,913
-27,905
| -6% | -$9.7M |
|
|
ALE
1061
DELISTED
Allete
ALE
| $120M | 0.01% |
2,270,403
+271
| +0% | +$15.3K |
|
1062
Plug Power
PLUG
$2.92B
| $120M | 0.01% |
15,769,691
-351,352
| -2% | -$3.43M |
|
1063
American Eagle Outfitters
AEO
$2.9B
| $120M | 0.01% |
7,209,634
-33,820
| -0.5% | -$500K |
|
1064
Krystal Biotech
KRYS
$10.8B
| $120M | 0.01% |
1,031,827
+128,136
| +14% | +$15.6M |
|
1065
SoFi Technologies
SOFI
$21.3B
| $120M | 0.01% |
14,970,515
+1,289,996
| +9% | +$11.3M |
|
|
MRTX
1066
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $120M | 0.01% |
2,745,968
+164,229
| +6% | +$5.86M |
|
1067
Global Net Lease
GNL
$1.86B
| $119M | 0.01% |
12,432,370
+5,682,218
| +84% | +$61.3M |
|
1068
Chemours
CC
$2.57B
| $119M | 0.01% |
4,252,260
-123,261
| -3% | -$4.23M |
|
1069
Hecla Mining
HL
$10B
| $119M | 0.01% |
30,470,002
+4,218,523
| +16% | +$20.2M |
|
1070
CONMED
CNMD
$1.41B
| $119M | 0.01% |
1,178,711
+7,467
| +0.6% | +$858K |
|
1071
Adient
ADNT
$1.72B
| $119M | 0.01% |
3,245,168
+13,420
| +0.4% | +$535K |
|
1072
Sanmina
SANM
$9.83B
| $119M | 0.01% |
2,192,513
-5,661
| -0.3% | -$318K |
|
1073
Coherent
COHR
$48.7B
| $119M | 0.01% |
3,645,238
-93,528
| -3% | -$3.84M |
|
1074
Avis
CAR
$5.37B
| $119M | 0.01% |
660,131
-70,105
| -10% | -$15.2M |
|
1075
Kohl's
KSS
$2.21B
| $118M | 0.01% |
5,638,864
-92,146
| -2% | -$2.33M |
|
Similar funds
State Street's Q3 2023 Portfolio in Review
As of Q3 2023, State Street held 4,736 positions worth $1.8T, down 5.3% from $1.9T the previous quarter. Its ten largest holdings account for 23% of the portfolio.
State Street's Q3 2023 filing shows 62 new, 1,994 increased, 1,726 reduced and 180 closed positions. Its largest new stake was Kenvue: 74,647,339 shares worth $1.5B. The largest sale was Johnson & Johnson, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2023 buy was Kenvue: 74,647,339 shares worth $1.5B.
- State Street added most to Blackstone in Q3 2023, an estimated $1.35B increase.
- State Street's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $1.8B.
- State Street fully exited Life Storage, Inc. in Q3 2023, selling an estimated $622M.
- State Street's ten largest holdings make up 23% of its $1.8T portfolio in Q3 2023.
- State Street opened 62 new positions and closed 180 in Q3 2023.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.8T.
Based on State Street's 13F filing for Q3 2023, filed 14 Nov 2023.