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 |
Kenvue
KVUE
|
+$1.73B |
| 2 |
Blackstone
BX
|
+$1.35B |
| 3 |
Airbnb
ABNB
|
+$1.05B |
| 4 |
Walmart Inc
WMT
|
+$665M |
| 5 |
Extra Space Storage
EXR
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.8B |
| 2 |
Apple
AAPL
|
+$1.76B |
| 3 |
Microsoft
MSFT
|
+$1.7B |
| 4 |
NVIDIA
NVDA
|
+$1.27B |
| 5 |
Coca-Cola
KO
|
+$960M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.76% |
| 2 | Healthcare | 13.55% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.94% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1201
International Bancshares
IBOC
$4.74B
| $98M | 0.01% |
2,260,328
-36,461
| -2% | -$1.67M |
|
1202
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.68B
| $97.7M | 0.01% |
87,745
+5,200
| +6% | +$6.01M |
|
1203
Kulicke & Soffa
KLIC
$4.79B
| $97.3M | 0.01% |
1,993,464
+31,884
| +2% | +$1.69M |
|
1204
Walker & Dunlop
WD
$1.69B
| $97.3M | 0.01% |
1,310,210
+4,910
| +0.4% | +$415K |
|
1205
PENN Entertainment
PENN
$2.77B
| $97.2M | 0.01% |
4,233,405
-25,977
| -0.6% | -$629K |
|
1206
Concentrix
CNXC
$1.5B
| $96.8M | 0.01% |
1,208,556
+13,750
| +1% | +$1.08M |
|
1207
Warrior Met Coal
HCC
$4.2B
| $96.8M | 0.01% |
1,894,482
+40,245
| +2% | +$1.69M |
|
1208
Hyatt Hotels
H
$16.3B
| $96.3M | 0.01% |
908,119
+34,660
| +4% | +$3.95M |
|
|
PPBI
1209
DELISTED
Pacific Premier Bancorp
PPBI
| $96.3M | 0.01% |
4,425,594
-610,815
| -12% | -$14.1M |
|
1210
Helen of Troy
HELE
$644M
| $96.2M | 0.01% |
825,067
+6,351
| +0.8% | +$791K |
|
1211
Artisan Partners
APAM
$2.78B
| $95.6M | 0.01% |
2,554,489
+122,495
| +5% | +$4.75M |
|
|
JBGS
1212
JBG SMITH
JBGS
$826M
| $95.5M | 0.01% |
6,604,909
-167,045
| -2% | -$2.59M |
|
1213
Teladoc Health
TDOC
$1.22B
| $95.4M | 0.01% |
5,130,586
-6,384
| -0.1% | -$149K |
|
1214
O-I Glass
OI
$1.09B
| $95.4M | 0.01% |
5,699,594
-47,943
| -0.8% | -$965K |
|
1215
MaxLinear
MXL
$6.19B
| $95M | 0.01% |
4,270,696
+275,915
| +7% | +$7.01M |
|
1216
Albany International
AIN
$2.11B
| $94.8M | 0.01% |
1,096,101
+20,346
| +2% | +$1.85M |
|
1217
Globant
GLOB
$1.56B
| $94.8M | 0.01% |
478,990
+8,025
| +2% | +$1.5M |
|
1218
Choice Hotels
CHH
$5.04B
| $94.7M | 0.01% |
770,944
-25,675
| -3% | -$3.23M |
|
1219
Korn Ferry
KFY
$4.14B
| $94.4M | 0.01% |
1,982,909
+63,768
| +3% | +$3.24M |
|
1220
NewMarket
NEU
$7.74B
| $94.3M | 0.01% |
206,277
+14,837
| +8% | +$6.7M |
|
1221
AstraZeneca
AZN
$264B
| $94.3M | 0.01% |
695,898
+72,291
| +12% | +$9.87M |
|
1222
Houlihan Lokey
HLI
$8.77B
| $93.8M | 0.01% |
875,677
+28,689
| +3% | +$2.96M |
|
1223
Madrigal Pharmaceuticals
MDGL
$10.7B
| $93.8M | 0.01% |
642,266
+98,507
| +18% | +$18.5M |
|
1224
SLM Corp
SLM
$4.87B
| $93.2M | 0.01% |
6,839,434
-293,545
| -4% | -$4.42M |
|
1225
Sensient Technologies
SXT
$5.25B
| $93M | 0.01% |
1,590,168
+171,853
| +12% | +$10.8M |
|
Similar funds
State Street's Q3 2023 Portfolio in Review
As of Q3 2023, State Street held 4,736 positions worth $1.8T, down 5.3% from $1.9T the previous quarter. Its ten largest holdings account for 23% of the portfolio.
State Street's Q3 2023 filing shows 62 new, 1,994 increased, 1,726 reduced and 180 closed positions. Its largest new stake was Kenvue: 74,647,339 shares worth $1.5B. The largest sale was Johnson & Johnson, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2023 buy was Kenvue: 74,647,339 shares worth $1.5B.
- State Street added most to Blackstone in Q3 2023, an estimated $1.35B increase.
- State Street's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $1.8B.
- State Street fully exited Life Storage, Inc. in Q3 2023, selling an estimated $622M.
- State Street's ten largest holdings make up 23% of its $1.8T portfolio in Q3 2023.
- State Street opened 62 new positions and closed 180 in Q3 2023.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.8T.
Based on State Street's 13F filing for Q3 2023, filed 14 Nov 2023.