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 |
Alibaba
BABA
|
+$221M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$202M |
| 3 |
Nektar Therapeutics
NKTR
|
+$202M |
| 4 |
J.M. Smucker
SJM
|
+$151M |
| 5 |
C.H. Robinson
CHRW
|
+$136M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.99B |
| 2 |
Microsoft
MSFT
|
+$1.35B |
| 3 |
JPMorgan Chase
JPM
|
+$1.2B |
| 4 |
Amazon
AMZN
|
+$1.11B |
| 5 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$809M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 17.61% |
| 2 | Technology | 15.1% |
| 3 | Healthcare | 12.77% |
| 4 | Industrials | 12.22% |
| 5 | Consumer Discretionary | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
FedEx
FDX
$73.5B
| $2.34B | 0.2% |
9,727,748
-390,783
| -4% | -$98.8M |
|
102
Charter Communications
CHTR
$15.7B
| $2.33B | 0.2% |
7,487,593
-1,060,456
| -12% | -$373M |
|
103
Becton Dickinson
BDX
$43.8B
| $2.32B | 0.2% |
10,983,081
-703,490
| -6% | -$154M |
|
104
Micron Technology
MU
$1.02T
| $2.31B | 0.2% |
44,369,070
-744,865
| -2% | -$35.7M |
|
105
Danaher
DHR
$138B
| $2.3B | 0.2% |
26,483,855
-1,268,144
| -5% | -$111M |
|
106
Elevance Health
ELV
$82.1B
| $2.28B | 0.19% |
10,388,852
-547,157
| -5% | -$129M |
|
107
Applied Materials
AMAT
$410B
| $2.28B | 0.19% |
41,005,676
-12,018,696
| -23% | -$669M |
|
108
S&P Global
SPGI
$130B
| $2.21B | 0.19% |
11,543,807
-1,241,747
| -10% | -$229M |
|
109
TJX Companies
TJX
$173B
| $2.19B | 0.19% |
53,660,552
-2,319,678
| -4% | -$91.7M |
|
110
Exelon
EXC
$48.2B
| $2.18B | 0.19% |
78,406,784
-1,726,637
| -2% | -$46.6M |
|
|
AGN
111
DELISTED
Allergan plc
AGN
| $2.17B | 0.18% |
12,872,671
-1,952,225
| -13% | -$327M |
|
112
American International
AIG
$42B
| $2.16B | 0.18% |
39,713,084
-1,405,722
| -3% | -$83.1M |
|
113
Valero Energy
VLO
$90.5B
| $2.14B | 0.18% |
23,120,456
-1,039,513
| -4% | -$97M |
|
114
Automatic Data Processing
ADP
$102B
| $2.11B | 0.18% |
18,614,305
-673,170
| -3% | -$78.5M |
|
115
Illinois Tool Works
ITW
$81.9B
| $2.1B | 0.18% |
13,414,481
-613,209
| -4% | -$102M |
|
116
Southern Company
SO
$109B
| $2.09B | 0.18% |
46,894,032
-1,070,352
| -2% | -$47.5M |
|
117
Phillips 66
PSX
$83.3B
| $2.07B | 0.18% |
21,618,235
-1,086,812
| -5% | -$106M |
|
118
MetLife
MET
$61.2B
| $2.07B | 0.18% |
45,054,613
-2,037,558
| -4% | -$98.9M |
|
119
Stryker
SYK
$129B
| $2.05B | 0.17% |
12,724,893
-604,623
| -5% | -$97.4M |
|
120
Capital One
COF
$127B
| $2.04B | 0.17% |
21,327,304
-724,308
| -3% | -$72.1M |
|
121
Dominion Energy
D
$61.8B
| $2.04B | 0.17% |
30,234,522
-563,244
| -2% | -$41.6M |
|
122
Halliburton
HAL
$26.8B
| $1.98B | 0.17% |
42,168,653
-1,213,985
| -3% | -$59.9M |
|
123
Truist Financial
TFC
$63.7B
| $1.97B | 0.17% |
37,863,247
-873,830
| -2% | -$47.1M |
|
124
Prudential Financial
PRU
$42.3B
| $1.95B | 0.17% |
18,831,152
-906,982
| -5% | -$102M |
|
125
General Motors
GM
$78.7B
| $1.94B | 0.17% |
53,462,183
-2,251,731
| -4% | -$91.3M |
|
Similar funds
State Street's Q1 2018 Portfolio in Review
As of Q1 2018, State Street held 3,862 positions worth $1.18T, down 5.3% from $1.24T the previous quarter. Its ten largest holdings account for 16% of the portfolio.
State Street withdrew a net $51.4B in Q1 2018, closing 107 positions and reducing 1,768 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $312M position sold in full.
By sector, the portfolio is most concentrated in Financials at 18% of assets, up from 17% a quarter earlier, followed by Technology and Healthcare.
Against the trend, State Street opened a new position in VICI Properties worth $83.8M.
- State Street's largest Q1 2018 buy was VICI Properties: 4,575,237 shares worth $83.8M.
- State Street added most to Alibaba in Q1 2018, an estimated $221M increase.
- State Street's biggest Q1 2018 reduction was Apple, cutting an estimated $1.99B.
- State Street fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $312M.
- State Street's ten largest holdings make up 16% of its $1.18T portfolio in Q1 2018.
- State Street opened 131 new positions and closed 107 in Q1 2018.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.18T.
Based on State Street's 13F filing for Q1 2018, filed 15 May 2018.