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 | |
|---|---|---|---|---|---|---|
1101
Terex
TEX
$7.74B
| $113M | 0.01% |
2,334,269
+7,171
| +0.3% | +$367K |
|
1102
Frontdoor
FTDR
$6.26B
| $113M | 0.01% |
4,050,400
-59,074
| -1% | -$1.56M |
|
|
WCC
1103
WESCO International
WCC
$17.7B
| $112M | 0.01% |
727,612
+27,647
| +4% | +$4.14M |
|
1104
Cogent Communications
CCOI
$508M
| $112M | 0.01% |
1,762,139
-35,709
| -2% | -$2.3M |
|
1105
KB Home
KBH
$3.59B
| $112M | 0.01% |
2,793,847
+7,935
| +0.3% | +$290K |
|
1106
Diamondrock Hospitality Co
DRH
$2.56B
| $112M | 0.01% |
13,736,345
-80,445
| -0.6% | -$697K |
|
|
ROIC
1107
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $112M | 0.01% |
7,921,572
-14,240
| -0.2% | -$207K |
|
|
PPBI
1108
DELISTED
Pacific Premier Bancorp
PPBI
| $111M | 0.01% |
4,629,745
+289,932
| +7% | +$8.77M |
|
|
COOP
1109
DELISTED
Mr. Cooper
COOP
| $111M | 0.01% |
2,712,871
-50,034
| -2% | -$2.19M |
|
1110
Ambarella
AMBA
$3.81B
| $111M | 0.01% |
1,434,284
+161,223
| +13% | +$13.8M |
|
1111
Comstock Resources
CRK
$3.94B
| $111M | 0.01% |
10,279,079
+1,660,068
| +19% | +$19.7M |
|
1112
Goodyear
GT
$1.85B
| $111M | 0.01% |
10,052,612
+260,929
| +3% | +$2.89M |
|
1113
Cathay General Bancorp
CATY
$4.24B
| $111M | 0.01% |
3,204,198
+103,765
| +3% | +$4.26M |
|
1114
National Health Investors
NHI
$3.65B
| $111M | 0.01% |
2,106,744
-25,127
| -1% | -$1.37M |
|
1115
Ironwood Pharmaceuticals
IRWD
$714M
| $110M | 0.01% |
10,481,842
-697,736
| -6% | -$7.82M |
|
1116
Lumentum
LITE
$69.3B
| $110M | 0.01% |
2,041,430
+4,767
| +0.2% | +$266K |
|
1117
WSFS Financial
WSFS
$4.15B
| $110M | 0.01% |
2,930,306
+304,198
| +12% | +$14M |
|
1118
Ultragenyx Pharmaceutical
RARE
$2.55B
| $110M | 0.01% |
2,745,707
-197,060
| -7% | -$8.46M |
|
|
ITCI
1119
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $110M | 0.01% |
2,026,228
+31,225
| +2% | +$1.51M |
|
1120
First Bancorp
FBP
$4.38B
| $109M | 0.01% |
9,588,281
-41,403
| -0.4% | -$545K |
|
|
TPH
1121
DELISTED
Tri Pointe Homes
TPH
| $109M | 0.01% |
4,305,685
-105,818
| -2% | -$2.4M |
|
1122
Urban Edge Properties
UE
$2.73B
| $109M | 0.01% |
7,221,751
+15,162
| +0.2% | +$228K |
|
1123
Bankunited
BKU
$3.36B
| $108M | 0.01% |
4,804,752
+425,740
| +10% | +$13.9M |
|
1124
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $108M | 0.01% |
3,368,714
-123,903
| -4% | -$4.31M |
|
|
DISH
1125
DELISTED
DISH Network Corp.
DISH
| $108M | 0.01% |
11,604,571
+629,364
| +6% | +$7.93M |
|
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.