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 |
Amazon
AMZN
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$1.1B |
| 3 |
Home Depot
HD
|
+$1.06B |
| 4 |
Tesla
TSLA
|
+$578M |
| 5 |
Apple
AAPL
|
+$462M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.13B |
| 2 |
NVIDIA
NVDA
|
+$849M |
| 3 |
PepsiCo
PEP
|
+$767M |
| 4 |
NextEra Energy
NEE
|
+$634M |
| 5 |
SPLK
Splunk Inc
SPLK
|
+$588M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.96% |
| 2 | Financials | 12.96% |
| 3 | Healthcare | 12.68% |
| 4 | Consumer Discretionary | 9.9% |
| 5 | Industrials | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
Minerals Technologies
MTX
$2.38B
| $94.3M | ﹤0.01% |
1,252,323
+17,248
| +1% | +$1.21M |
|
1352
Werner Enterprises
WERN
$2.23B
| $93.9M | ﹤0.01% |
2,400,497
+32,674
| +1% | +$1.3M |
|
|
MORF
1353
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $93.8M | ﹤0.01% |
2,665,510
+101,452
| +4% | +$3.4M |
|
1354
RingCentral
RNG
$4.62B
| $93.8M | ﹤0.01% |
2,698,840
+32,492
| +1% | +$1.09M |
|
1355
Xencor
XNCR
$1.5B
| $93.7M | ﹤0.01% |
4,235,443
+908,587
| +27% | +$19.6M |
|
1356
Patrick Industries
PATK
$2.71B
| $93.5M | ﹤0.01% |
1,174,112
+21,639
| +2% | +$1.55M |
|
1357
MasterBrand
MBC
$1.03B
| $93.4M | ﹤0.01% |
4,982,605
-386
| -0% | -$6.12K |
|
|
PINC
1358
DELISTED
Premier
PINC
| $93.3M | ﹤0.01% |
4,221,771
-7,950
| -0.2% | -$172K |
|
1359
Sonos
SONO
$1.72B
| $93M | ﹤0.01% |
4,879,023
+56,169
| +1% | +$996K |
|
1360
Gibraltar Industries
ROCK
$1.25B
| $92.8M | ﹤0.01% |
1,152,759
+22,806
| +2% | +$1.82M |
|
1361
CorVel
CRVL
$3.02B
| $92.8M | ﹤0.01% |
1,058,724
+33,849
| +3% | +$2.72M |
|
1362
Arcus Biosciences
RCUS
$3.47B
| $92.6M | ﹤0.01% |
4,904,513
+664,936
| +16% | +$11.5M |
|
|
PDCO
1363
DELISTED
Patterson Companies, Inc.
PDCO
| $92.4M | ﹤0.01% |
3,340,682
+259,015
| +8% | +$7.38M |
|
1364
Parsons
PSN
$4.59B
| $92.3M | ﹤0.01% |
1,113,004
+15,509
| +1% | +$1.13M |
|
1365
World Kinect Corp
WKC
$2.01B
| $92.3M | ﹤0.01% |
3,466,733
+74,321
| +2% | +$1.76M |
|
1366
Progress Software
PRGS
$1.63B
| $91.8M | ﹤0.01% |
1,721,963
+47,580
| +3% | +$2.61M |
|
1367
Agios Pharmaceuticals
AGIO
$1.89B
| $91.8M | ﹤0.01% |
3,138,197
+512,512
| +20% | +$13.7M |
|
1368
Cal-Maine
CALM
$4.04B
| $91.3M | ﹤0.01% |
1,552,058
+36,064
| +2% | +$2.05M |
|
1369
Alight
ALIT
$463M
| $91.2M | ﹤0.01% |
462,811
+10,653
| +2% | +$1.93M |
|
1370
Leonardo DRS
DRS
$11.8B
| $91M | ﹤0.01% |
4,121,595
-182,209
| -4% | -$3.78M |
|
|
TGI
1371
DELISTED
Triumph Group
TGI
| $90.9M | ﹤0.01% |
6,041,695
+740,165
| +14% | +$11M |
|
1372
Teladoc Health
TDOC
$1.21B
| $90.7M | ﹤0.01% |
6,009,361
+617,724
| +11% | +$11.2M |
|
1373
Concentrix
CNXC
$1.5B
| $90.2M | ﹤0.01% |
1,362,196
+19,179
| +1% | +$1.56M |
|
1374
Corcept Therapeutics
CORT
$12.2B
| $90.1M | ﹤0.01% |
3,575,526
+188,061
| +6% | +$4.44M |
|
1375
Global Net Lease
GNL
$1.83B
| $90M | ﹤0.01% |
11,578,218
-991,854
| -8% | -$8.14M |
|
Similar funds
State Street's Q1 2024 Portfolio in Review
As of Q1 2024, State Street held 4,485 positions worth $2.24T, up 8.8% from $2.06T the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Trading was light in Q1 2024: portfolio turnover was 3.9%. State Street opened 59 new positions and exited 117, leaving the 4,485-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q1 2024 buy was Arcadium Lithium plc: 35,286,898 shares worth $152M.
- State Street added most to Amazon in Q1 2024, an estimated $1.16B increase.
- State Street's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $1.13B.
- State Street fully exited Splunk Inc in Q1 2024, selling an estimated $588M.
- State Street's ten largest holdings make up 25% of its $2.24T portfolio in Q1 2024.
- State Street opened 59 new positions and closed 117 in Q1 2024.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $2.24T.
Based on State Street's 13F filing for Q1 2024, filed 15 May 2024.