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 |
Microsoft
MSFT
|
+$3.26B |
| 2 |
Apple
AAPL
|
+$3.09B |
| 3 |
ConocoPhillips
COP
|
+$1.86B |
| 4 |
Uber
UBER
|
+$1.85B |
| 5 |
Broadcom
AVGO
|
+$1.84B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$2.9B |
| 2 |
VMW
VMware, Inc
VMW
|
+$913M |
| 3 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$713M |
| 4 |
Danaher
DHR
|
+$627M |
| 5 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$606M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.11% |
| 2 | Financials | 12.81% |
| 3 | Healthcare | 12.79% |
| 4 | Consumer Discretionary | 10.15% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Grab
GRAB
$15B
| $125M | 0.01% |
37,204,444
+2,370,772
| +7% | +$7.67M |
|
1152
Alarm.com
ALRM
$2.78B
| $125M | 0.01% |
1,939,200
+111,365
| +6% | +$6.39M |
|
|
NUVL
1153
DELISTED
Nuvalent
NUVL
| $125M | 0.01% |
1,701,234
+440,768
| +35% | +$27.3M |
|
1154
Global Net Lease
GNL
$1.91B
| $125M | 0.01% |
12,570,072
+137,702
| +1% | +$1.2M |
|
1155
Applovin
APP
$113B
| $125M | 0.01% |
3,124,932
+54,843
| +2% | +$2.15M |
|
1156
Par Pacific Holdings
PARR
$3.46B
| $124M | 0.01% |
3,418,621
+287,878
| +9% | +$9.7M |
|
1157
Enpro
NPO
$7.12B
| $124M | 0.01% |
791,316
+51,245
| +7% | +$6.63M |
|
1158
Amkor Technology
AMKR
$13.5B
| $124M | 0.01% |
3,726,836
+241,407
| +7% | +$6.35M |
|
1159
Twist Bioscience
TWST
$6.84B
| $124M | 0.01% |
3,362,215
-637,766
| -16% | -$14.7M |
|
1160
Simmons First National
SFNC
$3.4B
| $123M | 0.01% |
6,142,935
+406,986
| +7% | +$6.81M |
|
1161
Prestige Consumer Healthcare
PBH
$2.58B
| $123M | 0.01% |
2,002,485
+90,598
| +5% | +$5.38M |
|
1162
Flex
FLEX
$45.3B
| $122M | 0.01% |
5,299,872
+172,063
| +3% | +$3.44M |
|
1163
WD-40
WDFC
$3.1B
| $121M | 0.01% |
507,449
+11,145
| +2% | +$2.49M |
|
1164
Envista
NVST
$4.46B
| $121M | 0.01% |
5,036,265
+276,644
| +6% | +$6.61M |
|
|
CERE
1165
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $121M | 0.01% |
2,851,819
-48,516
| -2% | -$1.39M |
|
1166
Kosmos Energy
KOS
$1.47B
| $121M | 0.01% |
18,009,440
+1,335,280
| +8% | +$9.34M |
|
|
JBTM
1167
JBT Marel
JBTM
$6.36B
| $121M | 0.01% |
1,210,448
-747
| -0.1% | -$77.4K |
|
1168
Korn Ferry
KFY
$4.2B
| $120M | 0.01% |
2,016,932
+34,023
| +2% | +$1.74M |
|
1169
Carvana
CVNA
$75.1B
| $120M | 0.01% |
11,366,750
+429,545
| +4% | +$3.22M |
|
1170
SiteOne Landscape Supply
SITE
$4.3B
| $120M | 0.01% |
738,426
+42,200
| +6% | +$6.15M |
|
1171
Recursion Pharmaceuticals
RXRX
$1.69B
| $120M | 0.01% |
12,151,646
+394,558
| +3% | +$2.81M |
|
|
AKRO
1172
DELISTED
Akero Therapeutics
AKRO
| $120M | 0.01% |
5,122,895
+2,617,047
| +104% | +$51.6M |
|
|
NARI
1173
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $120M | 0.01% |
1,840,961
+82,262
| +5% | +$4.95M |
|
1174
National Health Investors
NHI
$3.65B
| $119M | 0.01% |
2,101,647
+31,437
| +2% | +$1.66M |
|
1175
Liberty Energy
LBRT
$3.27B
| $119M | 0.01% |
6,572,247
-326,208
| -5% | -$6.2M |
|
Similar funds
State Street's Q4 2023 Portfolio in Review
As of Q4 2023, State Street held 4,602 positions worth $2.06T, up 14% from $1.8T the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Trading was light in Q4 2023: portfolio turnover was 4.8%. State Street opened 54 new positions and exited 167, leaving the 4,602-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2023 buy was Veralto: 8,754,876 shares worth $721M.
- State Street added most to Microsoft in Q4 2023, an estimated $3.26B increase.
- State Street's biggest Q4 2023 reduction was Danaher, cutting an estimated $627M.
- State Street fully exited Activision Blizzard in Q4 2023, selling an estimated $2.9B.
- State Street's ten largest holdings make up 24% of its $2.06T portfolio in Q4 2023.
- State Street opened 54 new positions and closed 167 in Q4 2023.
- State Street's portfolio value rose 14% quarter-over-quarter to $2.06T.
Based on State Street's 13F filing for Q4 2023, filed 14 Feb 2024.