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 | |
|---|---|---|---|---|---|---|
|
CBL
1126
DELISTED
CBL& Associates Properties, Inc.
CBL
| $65.4M | 0.01% |
5,688,733
+58,894
| +1% | +$683K |
|
1127
Granite Construction
GVA
$5.16B
| $65.3M | 0.01% |
1,187,514
+15,144
| +1% | +$804K |
|
|
AKRX
1128
DELISTED
Akorn Inc
AKRX
| $65.3M | 0.01% |
2,990,236
-83,005
| -3% | -$1.91M |
|
1129
Arista Networks
ANET
$199B
| $64.6M | 0.01% |
10,688,672
-204,176
| -2% | -$1.14M |
|
1130
Lazard
LAZ
$4B
| $64.6M | 0.01% |
1,572,932
-16,495
| -1% | -$641K |
|
|
JUNO
1131
DELISTED
Juno Therapeutics, Inc.
JUNO
| $64.4M | 0.01% |
3,415,744
+478,044
| +16% | +$11.7M |
|
|
LSXMA
1132
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $64.3M | 0.01% |
2,577,129
+7,134
| +0.3% | +$178K |
|
|
CMD
1133
DELISTED
Cantel Medical Corporation
CMD
| $64.1M | 0.01% |
814,256
+36,662
| +5% | +$2.85M |
|
|
QGENF
1134
DELISTED
QIAGEN NV
QGENF
| $64.1M | 0.01% |
2,287,457
+95,778
| +4% | +$2.68M |
|
1135
LiveRamp
RAMP
$2.29B
| $63.8M | 0.01% |
2,381,601
+12,438
| +0.5% | +$323K |
|
|
VISN
1136
Vistance Networks Inc
VISN
$2.61B
| $63.8M | 0.01% |
1,715,471
+106,105
| +7% | +$3.62M |
|
|
TPH
1137
DELISTED
Tri Pointe Homes
TPH
| $63.8M | 0.01% |
5,555,040
-221,713
| -4% | -$2.65M |
|
1138
Core Laboratories
CLB
$455M
| $63.6M | 0.01% |
530,122
+17,646
| +3% | +$1.95M |
|
|
ALEX
1139
DELISTED
Alexander & Baldwin
ALEX
| $63.6M | 0.01% |
1,417,076
-69,835
| -5% | -$2.91M |
|
1140
Coeur Mining
CDE
$15.1B
| $63.5M | 0.01% |
6,986,824
+2,152,807
| +45% | +$22.1M |
|
|
UCB
1141
United Community Banks
UCB
$4.26B
| $63.3M | 0.01% |
2,138,182
+206,485
| +11% | +$5.17M |
|
|
USG
1142
DELISTED
Usg
USG
| $63.2M | 0.01% |
2,189,836
-207,800
| -9% | -$5.72M |
|
1143
National Health Investors
NHI
$3.79B
| $63.1M | 0.01% |
850,928
+36,861
| +5% | +$2.71M |
|
1144
LXP Industrial Trust
LXP
$3.52B
| $63M | 0.01% |
1,165,904
+58,388
| +5% | +$2.98M |
|
|
LPNT
1145
DELISTED
LifePoint Health, Inc.
LPNT
| $62.6M | 0.01% |
1,101,772
-70,845
| -6% | -$4.1M |
|
1146
SS&C Technologies
SSNC
$18.9B
| $62.4M | 0.01% |
2,183,202
-191,339
| -8% | -$5.93M |
|
|
SJI
1147
DELISTED
South Jersey Industries, Inc.
SJI
| $62M | 0.01% |
1,841,110
+114,655
| +7% | +$3.58M |
|
1148
Vanguard FTSE Emerging Markets ETF
VWO
$117B
| $62M | 0.01% |
1,732,800
-577,660
| -25% | -$21.2M |
|
1149
The GEO Group
GEO
$4B
| $62M | 0.01% |
2,586,456
+206,671
| +9% | +$4.02M |
|
1150
Kemper
KMPR
$1.81B
| $61.6M | 0.01% |
1,389,409
-12,113
| -0.9% | -$490K |
|
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.