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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Yelp
YELP
$1.41B
| $78.5M | ﹤0.01% |
2,558,204
+29,991
| +1% | +$902K |
|
|
IBTX
1352
DELISTED
Independent Bank Group, Inc.
IBTX
| $78.3M | ﹤0.01% |
1,689,210
+1,431
| +0.1% | +$81.3K |
|
1353
Renasant Corp
RNST
$3.91B
| $78M | ﹤0.01% |
2,549,342
+130,876
| +5% | +$4.58M |
|
|
VTLE
1354
DELISTED
Vital Energy
VTLE
| $77.9M | ﹤0.01% |
1,709,689
-734,253
| -30% | -$36.7M |
|
1355
BlackLine
BL
$1.72B
| $77.8M | ﹤0.01% |
1,158,246
+36,771
| +3% | +$2.53M |
|
1356
Certara
CERT
$1.25B
| $77.7M | ﹤0.01% |
3,224,252
+1,546,396
| +92% | +$30.5M |
|
1357
Hilltop Holdings
HTH
$2.24B
| $77.5M | ﹤0.01% |
2,611,576
-115,755
| -4% | -$3.65M |
|
1358
CVR Energy
CVI
$3.13B
| $77.4M | ﹤0.01% |
2,360,578
-272,550
| -10% | -$8.74M |
|
1359
J&J Snack Foods
JJSF
$1.71B
| $77.4M | ﹤0.01% |
519,482
+17,654
| +4% | +$2.56M |
|
1360
Novavax
NVAX
$1.31B
| $76.9M | ﹤0.01% |
11,102,625
+5,026,107
| +83% | +$46.2M |
|
1361
Globant
GLOB
$1.61B
| $76.9M | ﹤0.01% |
468,912
+16,981
| +4% | +$2.78M |
|
|
ODP
1362
DELISTED
ODP
ODP
| $76.9M | ﹤0.01% |
1,709,226
+26,159
| +2% | +$1.28M |
|
1363
Helen of Troy
HELE
$693M
| $76.8M | ﹤0.01% |
806,762
+20,824
| +3% | +$2.23M |
|
1364
RXO
RXO
$3.58B
| $76.6M | ﹤0.01% |
3,899,450
+397,256
| +11% | +$7.62M |
|
|
CERE
1365
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $76.5M | ﹤0.01% |
3,137,586
-286,634
| -8% | -$8.41M |
|
1366
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.66B
| $76.4M | ﹤0.01% |
65,845
-11,500
| -15% | -$13.8M |
|
|
VRE
1367
DELISTED
Veris Residential
VRE
| $76.3M | ﹤0.01% |
5,210,214
+16,480
| +0.3% | +$263K |
|
|
KYNB
1368
Kyntra Bio
KYNB
$29.4M
| $76.1M | ﹤0.01% |
163,047
-7,552
| -4% | -$4M |
|
1369
Provident Financial Services
PFS
$3.19B
| $75.8M | ﹤0.01% |
3,953,765
+466,497
| +13% | +$10.3M |
|
1370
Allison Transmission
ALSN
$9.82B
| $75.8M | ﹤0.01% |
1,674,640
-1,274
| -0.1% | -$57.2K |
|
1371
Trustmark
TRMK
$2.75B
| $75.6M | ﹤0.01% |
3,062,238
+461,549
| +18% | +$13.6M |
|
1372
MGE Energy Inc
MGEE
$3.08B
| $75.5M | ﹤0.01% |
972,153
-26,025
| -3% | -$1.88M |
|
1373
Universal Corp
UVV
$1.27B
| $75.4M | ﹤0.01% |
1,426,087
-111,519
| -7% | -$5.85M |
|
1374
M/I Homes
MHO
$3.84B
| $75.4M | ﹤0.01% |
1,195,274
+20,350
| +2% | +$1.17M |
|
|
EQC
1375
DELISTED
Equity Commonwealth
EQC
| $75.3M | ﹤0.01% |
3,634,679
-1,838,315
| -34% | -$42.6M |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.