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 | |
|---|---|---|---|---|---|---|
1226
AMN Healthcare
AMN
$1.19B
| $111M | 0.01% |
1,486,669
+63,705
| +4% | +$4.56M |
|
1227
MaxLinear
MXL
$6.37B
| $111M | 0.01% |
4,674,835
+404,139
| +9% | +$7.91M |
|
|
BECN
1228
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $111M | 0.01% |
1,274,728
+133,630
| +12% | +$10.5M |
|
1229
WaFd
WAFD
$2.77B
| $111M | 0.01% |
3,362,746
+145,008
| +5% | +$4.01M |
|
1230
NCR Voyix
VYX
$1.15B
| $111M | 0.01% |
6,547,242
-2,452,078
| -27% | -$39.1M |
|
1231
Corcept Therapeutics
CORT
$11.7B
| $110M | 0.01% |
3,387,465
+244,414
| +8% | +$6.71M |
|
1232
CRISPR Therapeutics
CRSP
$4.99B
| $110M | 0.01% |
1,753,497
-131,476
| -7% | -$7.27M |
|
1233
Ambarella
AMBA
$3.68B
| $109M | 0.01% |
1,785,343
+174,022
| +11% | +$9.5M |
|
1234
Vishay Intertechnology
VSH
$5.03B
| $109M | 0.01% |
4,545,869
+3,220
| +0.1% | +$74.7K |
|
1235
Century Communities
CCS
$1.96B
| $109M | 0.01% |
1,194,722
-2,062
| -0.2% | -$147K |
|
1236
Blue Owl Capital
OWL
$7.74B
| $109M | 0.01% |
7,292,518
+406,986
| +6% | +$5.48M |
|
1237
Corebridge Financial
CRBG
$15.2B
| $108M | 0.01% |
5,005,236
+1,999,107
| +67% | +$41.2M |
|
|
SMAR
1238
DELISTED
Smartsheet Inc.
SMAR
| $108M | 0.01% |
2,266,881
+138,385
| +7% | +$5.9M |
|
1239
Syndax Pharmaceuticals
SNDX
$1.76B
| $108M | 0.01% |
5,016,224
+1,415,576
| +39% | +$21.8M |
|
1240
Green Plains
GPRE
$1.06B
| $108M | 0.01% |
4,288,262
+901,193
| +27% | +$23.8M |
|
1241
Inspire Medical Systems
INSP
$1.7B
| $108M | 0.01% |
531,193
+6,689
| +1% | +$1.08M |
|
1242
Arbor Realty Trust
ABR
$957M
| $108M | 0.01% |
7,102,202
+234,555
| +3% | +$3.23M |
|
|
JBGS
1243
JBG SMITH
JBGS
$707M
| $108M | 0.01% |
6,322,266
-282,643
| -4% | -$4.12M |
|
1244
Allegro MicroSystems
ALGM
$7.91B
| $107M | 0.01% |
3,550,199
+359,698
| +11% | +$10.3M |
|
1245
Oceaneering
OII
$4.9B
| $107M | 0.01% |
5,042,866
+152,145
| +3% | +$3.37M |
|
1246
Unifirst Corp
UNF
$5.22B
| $107M | 0.01% |
585,114
+24,315
| +4% | +$4.15M |
|
1247
Casella Waste Systems
CWST
$5.75B
| $107M | 0.01% |
1,252,604
+73,184
| +6% | +$5.88M |
|
1248
Acadia Realty Trust
AKR
$2.84B
| $107M | 0.01% |
6,230,658
+98,515
| +2% | +$1.48M |
|
1249
Banc of California
BANC
$3.01B
| $107M | 0.01% |
7,912,410
+5,123,622
| +184% | +$63.3M |
|
1250
RXO
RXO
$3.34B
| $107M | 0.01% |
4,589,986
-32,191
| -0.7% | -$648K |
|
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.