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 |
Tesla
TSLA
|
+$1.2B |
| 2 |
PG&E
PCG
|
+$552M |
| 3 |
Microsoft
MSFT
|
+$515M |
| 4 |
CoStar Group
CSGP
|
+$464M |
| 5 |
EQT Corp
EQT
|
+$450M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chevron
CVX
|
+$1.17B |
| 2 |
Apple
AAPL
|
+$1.04B |
| 3 |
Home Depot
HD
|
+$656M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$544M |
| 5 |
ACC
American Campus Communities, Inc.
ACC
|
+$489M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.85% |
| 2 | Healthcare | 15.1% |
| 3 | Financials | 13.3% |
| 4 | Consumer Discretionary | 10.07% |
| 5 | Industrials | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Boeing
BA
$167B
| $3.18B | 0.2% |
26,240,512
-15,218
| -0.1% | -$2.33M |
|
102
Applied Materials
AMAT
$410B
| $3.15B | 0.2% |
38,407,152
-483,397
| -1% | -$46.6M |
|
103
Occidental Petroleum
OXY
$54.6B
| $3.06B | 0.19% |
49,686,488
-7,349,820
| -13% | -$470M |
|
104
Valero Energy
VLO
$90.5B
| $3.06B | 0.19% |
28,607,421
-733,824
| -3% | -$80.7M |
|
105
ServiceNow
NOW
$109B
| $3.01B | 0.19% |
39,849,875
+913,030
| +2% | +$82.2M |
|
106
Crown Castle
CCI
$32.4B
| $2.97B | 0.19% |
20,512,562
-110,878
| -0.5% | -$19M |
|
107
Altria Group
MO
$122B
| $2.96B | 0.19% |
71,579,128
+513,208
| +0.7% | +$22.4M |
|
108
Zoetis
ZTS
$32.2B
| $2.94B | 0.19% |
19,803,022
+83,221
| +0.4% | +$13.9M |
|
109
Progressive
PGR
$125B
| $2.88B | 0.18% |
24,807,472
-39,542
| -0.2% | -$4.76M |
|
110
Waste Management
WM
$95.5B
| $2.86B | 0.18% |
17,861,644
-334,180
| -2% | -$55.2M |
|
111
Stryker
SYK
$129B
| $2.86B | 0.18% |
14,052,691
+246,662
| +2% | +$51.9M |
|
112
Intuitive Surgical
ISRG
$128B
| $2.85B | 0.18% |
15,203,579
-16,928
| -0.1% | -$3.64M |
|
113
TJX Companies
TJX
$173B
| $2.83B | 0.18% |
45,499,316
+211,382
| +0.5% | +$13.3M |
|
114
Analog Devices
ADI
$181B
| $2.82B | 0.18% |
20,256,986
+92,672
| +0.5% | +$14.7M |
|
115
Becton Dickinson
BDX
$43.8B
| $2.82B | 0.18% |
12,640,888
+109,733
| +0.9% | +$27.3M |
|
116
Sempra
SRE
$59.7B
| $2.78B | 0.18% |
36,830,652
-769,848
| -2% | -$62.3M |
|
117
CME Group
CME
$91.8B
| $2.77B | 0.18% |
15,634,417
-34,251
| -0.2% | -$6.77M |
|
118
PNC Financial Services
PNC
$99.6B
| $2.75B | 0.17% |
18,436,065
+595,811
| +3% | +$96.5M |
|
119
Realty Income
O
$61.1B
| $2.75B | 0.17% |
47,038,770
-173,423
| -0.4% | -$12M |
|
120
Humana
HUM
$45.8B
| $2.73B | 0.17% |
5,613,554
+53,899
| +1% | +$26.2M |
|
121
Phillips 66
PSX
$83.3B
| $2.66B | 0.17% |
33,013,657
+345,132
| +1% | +$29.4M |
|
122
Truist Financial
TFC
$63.7B
| $2.6B | 0.16% |
59,714,752
+581,532
| +1% | +$28M |
|
123
General Mills
GIS
$19.5B
| $2.58B | 0.16% |
33,741,706
-1,359,399
| -4% | -$104M |
|
124
Devon Energy
DVN
$49.8B
| $2.57B | 0.16% |
42,814,521
+2,902,180
| +7% | +$180M |
|
125
GE Aerospace
GE
$375B
| $2.56B | 0.16% |
66,210,544
-599,470
| -0.9% | -$26.4M |
|
Similar funds
State Street's Q3 2022 Portfolio in Review
As of Q3 2022, State Street held 5,035 positions worth $1.58T, down 5.3% from $1.67T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 3.7%. State Street opened 87 new positions and exited 100, leaving the 5,035-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2022 buy was Haleon: 8,328,997 shares worth $50.7M.
- State Street added most to Tesla in Q3 2022, an estimated $1.2B increase.
- State Street's biggest Q3 2022 reduction was Chevron, cutting an estimated $1.17B.
- State Street fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $489M.
- State Street's ten largest holdings make up 21% of its $1.58T portfolio in Q3 2022.
- State Street opened 87 new positions and closed 100 in Q3 2022.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.58T.
Based on State Street's 13F filing for Q3 2022, filed 15 Nov 2022.