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 | |
|---|---|---|---|---|---|---|
1201
Teladoc Health
TDOC
$1.21B
| $116M | 0.01% |
5,391,637
+261,051
| +5% | +$4.82M |
|
1202
Azenta
AZTA
$1.42B
| $116M | 0.01% |
1,781,479
-4,941
| -0.3% | -$268K |
|
1203
Grand Canyon Education
LOPE
$3.88B
| $116M | 0.01% |
875,112
+27,285
| +3% | +$3.55M |
|
1204
NorthWestern Energy
NWE
$4.32B
| $116M | 0.01% |
2,269,989
+70,832
| +3% | +$3.54M |
|
1205
Albany International
AIN
$1.74B
| $115M | 0.01% |
1,172,753
+76,652
| +7% | +$6.69M |
|
|
LTHM
1206
DELISTED
Livent Corporation
LTHM
| $115M | 0.01% |
6,389,983
+126,049
| +2% | +$1.96M |
|
1207
Kulicke & Soffa
KLIC
$4.74B
| $115M | 0.01% |
2,088,779
+95,315
| +5% | +$4.63M |
|
1208
Ziff Davis
ZD
$1.88B
| $115M | 0.01% |
1,706,089
+49,924
| +3% | +$3.17M |
|
1209
Stepan Co
SCL
$1.45B
| $115M | 0.01% |
1,212,248
+9,899
| +0.8% | +$791K |
|
1210
ESCO Technologies
ESE
$8.5B
| $115M | 0.01% |
979,052
+17,694
| +2% | +$1.86M |
|
1211
Artisan Partners
APAM
$3.06B
| $114M | 0.01% |
2,584,541
+30,052
| +1% | +$1.13M |
|
|
ROIC
1212
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $114M | 0.01% |
8,049,377
+71,241
| +0.9% | +$896K |
|
1213
Piper Sandler
PIPR
$5.26B
| $114M | 0.01% |
2,609,904
+97,364
| +4% | +$3.7M |
|
|
CPRX
1214
DELISTED
Catalyst Pharmaceutical
CPRX
| $114M | 0.01% |
6,787,332
-783,363
| -10% | -$10.7M |
|
1215
Brighthouse Financial
BHF
$3.57B
| $114M | 0.01% |
2,148,477
+52,143
| +2% | +$2.59M |
|
1216
Steven Madden
SHOO
$3.53B
| $114M | 0.01% |
2,705,738
-32,768
| -1% | -$1.19M |
|
1217
Plexus
PLXS
$7.18B
| $114M | 0.01% |
1,050,697
+72,505
| +7% | +$7.28M |
|
1218
Belden
BDC
$5.05B
| $114M | 0.01% |
1,468,566
+9,996
| +0.7% | +$743K |
|
1219
PENN Entertainment
PENN
$2.69B
| $113M | 0.01% |
4,358,232
+124,827
| +3% | +$2.9M |
|
1220
QuidelOrtho
QDEL
$1.11B
| $113M | 0.01% |
1,530,817
+60,665
| +4% | +$4.1M |
|
1221
InterDigital
IDCC
$8.47B
| $113M | 0.01% |
1,036,873
+28,811
| +3% | +$2.67M |
|
|
GTY
1222
Getty Realty Corp
GTY
$2.06B
| $112M | 0.01% |
3,784,151
+190,697
| +5% | +$5.4M |
|
1223
ArcBest
ARCB
$3.02B
| $112M | 0.01% |
932,467
-38,923
| -4% | -$4.31M |
|
1224
Quaker Houghton
KWR
$2.88B
| $112M | 0.01% |
525,088
+47,510
| +10% | +$8.19M |
|
1225
Silgan Holdings
SLGN
$4.39B
| $112M | 0.01% |
2,474,299
+92,773
| +4% | +$3.91M |
|
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.