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 |
Verizon
VZ
|
+$2.09B |
| 2 |
General Motors
GM
|
+$286M |
| 3 |
VER
VEREIT, Inc.
VER
|
+$271M |
| 4 |
PBCT
People's United Financial Inc
PBCT
|
+$264M |
| 5 |
Cullen/Frost Bankers
CFR
|
+$145M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.39B |
| 2 |
Microsoft
MSFT
|
+$1.21B |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$959M |
| 4 |
IBM
IBM
|
+$828M |
| 5 |
Johnson & Johnson
JNJ
|
+$822M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.56% |
| 2 | Industrials | 13.3% |
| 3 | Healthcare | 12.79% |
| 4 | Technology | 12.63% |
| 5 | Energy | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Thermo Fisher Scientific
TMO
$208B
| $1.83B | 0.21% |
15,234,382
+620,417
| +4% | +$73.8M |
|
102
Danaher
DHR
$138B
| $1.83B | 0.21% |
36,263,266
-1,803,346
| -5% | -$91.8M |
|
|
PX
103
DELISTED
Praxair Inc
PX
| $1.81B | 0.21% |
13,811,928
-395,833
| -3% | -$51.3M |
|
104
Southern Company
SO
$109B
| $1.8B | 0.21% |
41,054,095
-141,099
| -0.3% | -$5.91M |
|
|
BNY
105
Bank of New York Mellon
BNY
$107B
| $1.78B | 0.2% |
50,462,220
-1,603,354
| -3% | -$53M |
|
106
Baxter International
BAX
$12.1B
| $1.77B | 0.2% |
44,366,196
-2,054,700
| -4% | -$76.8M |
|
|
107
General Motors
GM
$78.7B
| $1.77B | 0.2% |
51,498,006
+7,785,938
| +18% | +$286M |
|
108
TJX Companies
TJX
$173B
| $1.73B | 0.2% |
57,156,636
-2,553,932
| -4% | -$77.3M |
|
109
Travelers Companies
TRV
$81.4B
| $1.73B | 0.2% |
20,286,630
-1,050,003
| -5% | -$88.3M |
|
110
LyondellBasell Industries
LYB
$18.9B
| $1.71B | 0.19% |
19,260,613
-99,710
| -0.5% | -$8.39M |
|
111
Exelon
EXC
$48.2B
| $1.7B | 0.19% |
70,917,116
-983,086
| -1% | -$20.7M |
|
112
Blackrock
BLK
$165B
| $1.68B | 0.19% |
5,347,826
-160,213
| -3% | -$49M |
|
|
AET
113
DELISTED
Aetna Inc
AET
| $1.67B | 0.19% |
22,229,298
-692,634
| -3% | -$49M |
|
114
Automatic Data Processing
ADP
$102B
| $1.66B | 0.19% |
24,475,096
-1,432,036
| -6% | -$97.6M |
|
115
McKesson
MCK
$99.5B
| $1.66B | 0.19% |
9,377,525
-423,349
| -4% | -$74M |
|
116
Prudential Financial
PRU
$42.3B
| $1.65B | 0.19% |
19,512,222
-611,316
| -3% | -$52.6M |
|
|
KRFT
117
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $1.65B | 0.19% |
29,382,179
-988,720
| -3% | -$53.7M |
|
118
General Dynamics
GD
$105B
| $1.64B | 0.19% |
15,025,938
-1,305,361
| -8% | -$135M |
|
119
State Street SPDR S&P 500 ETF Trust
SPY
$781B
| $1.63B | 0.19% |
8,729,716
+620,484
| +8% | +$114M |
|
120
Freeport-McMoran
FCX
$90.2B
| $1.62B | 0.18% |
48,893,402
+651,196
| +1% | +$21.7M |
|
121
Chubb
CB
$139B
| $1.59B | 0.18% |
16,048,497
+1,375,664
| +9% | +$133M |
|
122
FedEx
FDX
$73.5B
| $1.58B | 0.18% |
11,938,048
-1,008,247
| -8% | -$137M |
|
|
TWC
123
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $1.57B | 0.18% |
11,442,889
-316,910
| -3% | -$43.4M |
|
124
Edison International
EIX
$30.3B
| $1.56B | 0.18% |
27,602,894
-1,305,121
| -5% | -$65M |
|
125
BP
BP
$109B
| $1.55B | 0.18% |
39,385,008
-237,872
| -0.6% | -$9.38M |
|
Similar funds
State Street's Q1 2014 Portfolio in Review
As of Q1 2014, State Street held 3,709 positions worth $880B, down 2.1% from $899B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
State Street withdrew a net $31.9B in Q1 2014, closing 67 positions and reducing 1,439 holdings. Its most notable exit was LIFE TECHNOLOGIES CORP COM STK (DE), an estimated $666M position sold in full.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 16% a quarter earlier, followed by Industrials and Healthcare.
Against the trend, State Street opened a new position in State Street Technology Select Sector SPDR ETF worth $103M.
- State Street's largest Q1 2014 buy was State Street Technology Select Sector SPDR ETF: 5,688,830 shares worth $103M.
- State Street added most to Verizon in Q1 2014, an estimated $2.09B increase.
- State Street's biggest Q1 2014 reduction was Apple, cutting an estimated $1.39B.
- State Street fully exited LIFE TECHNOLOGIES CORP COM STK (DE) in Q1 2014, selling an estimated $666M.
- State Street's ten largest holdings make up 15% of its $880B portfolio in Q1 2014.
- State Street opened 77 new positions and closed 67 in Q1 2014.
- State Street's portfolio value fell 2.1% quarter-over-quarter to $880B.
Based on State Street's 13F filing for Q1 2014, filed 13 May 2014.