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 | |
|---|---|---|---|---|---|---|
|
XHR
1101
Xenia Hotels & Resorts
XHR
$2.01B
| $69.2M | 0.01% |
3,563,006
+35,859
| +1% | +$612K |
|
1102
KBR
KBR
$4.56B
| $69.1M | 0.01% |
4,139,926
-12,080
| -0.3% | -$192K |
|
|
INVX
1103
Innovex International
INVX
$1.8B
| $69M | 0.01% |
1,149,486
+37,035
| +3% | +$2.06M |
|
1104
Blackbaud
BLKB
$1.94B
| $69M | 0.01% |
1,077,973
+30,484
| +3% | +$1.95M |
|
|
MDP
1105
DELISTED
Meredith Corporation
MDP
| $69M | 0.01% |
1,166,198
+1,714
| +0.1% | +$90K |
|
1106
Murphy USA
MUSA
$11.4B
| $68.2M | 0.01% |
1,109,853
-31,185
| -3% | -$2.1M |
|
|
TEN
1107
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $68.1M | 0.01% |
1,090,072
+12,192
| +1% | +$714K |
|
1108
CACI
CACI
$10.8B
| $68M | 0.01% |
547,054
+37,413
| +7% | +$4.32M |
|
|
UFS
1109
DELISTED
DOMTAR CORPORATION (New)
UFS
| $67.6M | 0.01% |
1,731,250
-7,346
| -0.4% | -$280K |
|
1110
Vipshop
VIPS
$7.26B
| $67.4M | 0.01% |
6,125,998
-187,410
| -3% | -$2.42M |
|
1111
Sanmina
SANM
$8.78B
| $67.4M | 0.01% |
1,838,605
+126,940
| +7% | +$4.02M |
|
|
AAN.A
1112
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $67.4M | 0.01% |
2,106,617
-511,012
| -20% | -$16.3M |
|
1113
Cleveland-Cliffs
CLF
$6.49B
| $67.3M | 0.01% |
8,008,642
-935,860
| -10% | -$7.05M |
|
1114
Allison Transmission
ALSN
$9.51B
| $67.3M | 0.01% |
1,998,312
-29,430
| -1% | -$916K |
|
1115
Mine Safety
MSA
$6.79B
| $66.9M | 0.01% |
965,116
+4,116
| +0.4% | +$255K |
|
1116
MillerKnoll
MLKN
$1.56B
| $66.8M | 0.01% |
1,953,822
-68,247
| -3% | -$2.13M |
|
1117
Synaptics
SYNA
$4.05B
| $66.5M | 0.01% |
1,241,938
-38,843
| -3% | -$2.25M |
|
1118
Zillow
Z
$7.78B
| $66.5M | 0.01% |
1,823,749
+71,473
| +4% | +$2.52M |
|
1119
ACI Worldwide
ACIW
$6.12B
| $66.3M | 0.01% |
3,653,874
-117,681
| -3% | -$2.2M |
|
|
MASI
1120
DELISTED
Masimo
MASI
| $66.2M | 0.01% |
981,749
+35,945
| +4% | +$2.21M |
|
1121
Ambev
ABEV
$47.9B
| $66M | 0.01% |
13,424,320
+21,572
| +0.2% | +$116K |
|
1122
B&G Foods
BGS
$303M
| $65.9M | 0.01% |
1,504,993
+72,167
| +5% | +$3.2M |
|
1123
Avista
AVA
$3.43B
| $65.9M | 0.01% |
1,646,988
+82,188
| +5% | +$3.32M |
|
|
LTC
1124
LTC Properties
LTC
$2.13B
| $65.8M | 0.01% |
1,399,639
+56,329
| +4% | +$2.66M |
|
1125
Chemed
CHE
$7.16B
| $65.5M | 0.01% |
408,282
+8,198
| +2% | +$1.2M |
|
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.