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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Teladoc Health
TDOC
$1.66B
| $110M | 0.01% |
4,656,210
-165,639
| -3% | -$4.47M |
|
1102
XPO
XPO
$23.4B
| $110M | 0.01% |
3,306,710
-1,957,468
| -37% | -$65.9M |
|
1103
BellRing Brands
BRBR
$1.55B
| $110M | 0.01% |
4,283,456
+105,789
| +3% | +$2.54M |
|
1104
Adient
ADNT
$1.69B
| $110M | 0.01% |
3,164,123
+90,373
| +3% | +$3.16M |
|
1105
MSC Industrial Direct
MSM
$6.76B
| $110M | 0.01% |
1,343,415
+20,594
| +2% | +$1.68M |
|
1106
Wendy's
WEN
$1.46B
| $110M | 0.01% |
4,848,118
-14,137
| -0.3% | -$302K |
|
|
ENV
1107
DELISTED
ENVESTNET, INC.
ENV
| $109M | 0.01% |
1,771,209
+42,388
| +2% | +$2.26M |
|
1108
Snap
SNAP
$7.96B
| $109M | 0.01% |
12,191,205
-335,706
| -3% | -$3.31M |
|
1109
Pebblebrook Hotel Trust
PEB
$2.18B
| $109M | 0.01% |
8,109,518
+196,044
| +2% | +$3M |
|
1110
Genworth Financial
GNW
$3.86B
| $108M | 0.01% |
20,496,781
+488,331
| +2% | +$2.3M |
|
1111
Advanced Drainage Systems
WMS
$10.6B
| $108M | 0.01% |
1,318,910
+137,180
| +12% | +$13.9M |
|
1112
SPX Corp
SPXC
$9.39B
| $108M | 0.01% |
1,645,876
+8,413
| +0.5% | +$551K |
|
1113
Simply Good Foods
SMPL
$907M
| $108M | 0.01% |
2,839,982
-12,355
| -0.4% | -$456K |
|
|
CERE
1114
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $108M | 0.01% |
3,424,220
+704,948
| +26% | +$19.9M |
|
1115
FirstCash
FCFS
$8.77B
| $108M | 0.01% |
1,239,130
-2,147
| -0.2% | -$190K |
|
1116
Coinbase
COIN
$42.2B
| $107M | 0.01% |
3,033,502
-75,348
| -2% | -$3.97M |
|
1117
Cable One
CABO
$237M
| $107M | 0.01% |
150,511
-19,790
| -12% | -$14.7M |
|
1118
International Bancshares
IBOC
$4.77B
| $107M | 0.01% |
2,339,917
+114,523
| +5% | +$5.51M |
|
1119
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $107M | 0.01% |
1,435,767
+1,290,149
| +886% | +$94M |
|
1120
Qiagen
QGEN
$8.62B
| $107M | 0.01% |
2,016,972
-98,129
| -5% | -$4.84M |
|
1121
Arcosa
ACA
$7.11B
| $106M | 0.01% |
1,959,796
-38,425
| -2% | -$2.28M |
|
|
DVAX
1122
DELISTED
Dynavax Technologies
DVAX
| $106M | 0.01% |
9,992,504
-281,726
| -3% | -$3.27M |
|
1123
Group 1 Automotive
GPI
$4.26B
| $106M | 0.01% |
589,327
-13,202
| -2% | -$2.32M |
|
1124
Lumentum
LITE
$46.9B
| $106M | 0.01% |
2,036,663
+112,510
| +6% | +$6.91M |
|
|
AAWW
1125
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $106M | 0.01% |
1,053,246
-20,293
| -2% | -$2.03M |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.