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 | |
|---|---|---|---|---|---|---|
1076
ON Semiconductor
ON
$30.7B
| $71.8M | 0.01% |
5,629,898
+140,264
| +3% | +$1.67M |
|
|
RDUS
1077
DELISTED
Radius Health, Inc.
RDUS
| $71.7M | 0.01% |
1,885,161
+699,023
| +59% | +$33.3M |
|
|
CWEI
1078
DELISTED
Clayton Williams Energy, Inc.
CWEI
| $71.7M | 0.01% |
601,090
+496,605
| +475% | +$49.8M |
|
|
DF
1079
DELISTED
Dean Foods Company
DF
| $71.5M | 0.01% |
3,281,376
+130,131
| +4% | +$2.47M |
|
|
AVP
1080
DELISTED
Avon Products, Inc.
AVP
| $71.1M | 0.01% |
14,108,257
-222,384
| -2% | -$1.29M |
|
1081
Adient
ADNT
$1.69B
| $71.1M | 0.01% |
+1,212,738
| New | +$64M |
|
|
PPLI
1082
People Inc
PPLI
$3.12B
| $71M | 0.01% |
6,135,409
-85,946
| -1% | -$1.01M |
|
1083
Community Bank
CBU
$3.39B
| $71M | 0.01% |
1,148,637
+143,929
| +14% | +$7.69M |
|
|
JCP
1084
DELISTED
J.C. Penney Company, Inc.
JCP
| $70.8M | 0.01% |
8,520,877
-189,475
| -2% | -$1.71M |
|
1085
Starwood Property Trust
STWD
$6.12B
| $70.7M | 0.01% |
3,219,597
+135,854
| +4% | +$3M |
|
|
VTLE
1086
DELISTED
Vital Energy
VTLE
| $70.6M | 0.01% |
249,621
+3,283
| +1% | +$902K |
|
1087
Spire
SR
$4.79B
| $70.5M | 0.01% |
1,092,791
+61,292
| +6% | +$3.86M |
|
1088
Papa John's
PZZA
$1.01B
| $70.4M | 0.01% |
822,527
+266,809
| +48% | +$22.1M |
|
1089
Columbia Banking Systems
COLB
$8.71B
| $70.4M | 0.01% |
1,575,179
+161,418
| +11% | +$6.09M |
|
|
CHS
1090
DELISTED
Chicos FAS, Inc.
CHS
| $70.3M | 0.01% |
4,888,317
-56,850
| -1% | -$784K |
|
|
FDC
1091
DELISTED
First Data Corporation
FDC
| $70.3M | 0.01% |
4,956,791
+1,999,035
| +68% | +$28.4M |
|
|
HZNP
1092
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $70.2M | 0.01% |
4,339,978
+103,434
| +2% | +$1.88M |
|
1093
Pebblebrook Hotel Trust
PEB
$2.18B
| $69.9M | 0.01% |
2,350,439
-19,883
| -0.8% | -$551K |
|
1094
DNOW Inc
DNOW
$2.44B
| $69.8M | 0.01% |
3,409,263
-18,859
| -0.6% | -$400K |
|
1095
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $69.8M | 0.01% |
595,352
+5,556
| +0.9% | +$660K |
|
|
MDCO
1096
DELISTED
Medicines Co
MDCO
| $69.8M | 0.01% |
2,055,428
-8,818
| -0.4% | -$313K |
|
1097
Commault Systems
CVLT
$4.98B
| $69.4M | 0.01% |
1,350,857
+35,134
| +3% | +$1.88M |
|
1098
Hecla Mining
HL
$9.49B
| $69.3M | 0.01% |
13,232,917
+1,696,136
| +15% | +$9.94M |
|
1099
Sprouts Farmers Market
SFM
$7.44B
| $69.3M | 0.01% |
3,662,454
-319,486
| -8% | -$6.71M |
|
1100
Essent Group
ESNT
$6.28B
| $69.2M | 0.01% |
2,138,526
+777,132
| +57% | +$22.9M |
|
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.