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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
FIVE9
FIVN
$2.08B
| $71.1M | ﹤0.01% |
1,047,780
-2,430
| -0.2% | -$153K |
|
1402
NBT Bancorp
NBTB
$2.82B
| $71.1M | ﹤0.01% |
1,636,707
-166,396
| -9% | -$7.34M |
|
1403
Kymera Therapeutics
KYMR
$8.66B
| $71M | ﹤0.01% |
2,846,221
+160,817
| +6% | +$4.29M |
|
1404
Vanguard Morningstar Small-Cap ETF
VB
$78.9B
| $70.9M | ﹤0.01% |
386,431
-168,907
| -30% | -$31.3M |
|
|
CDMO
1405
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $70.6M | ﹤0.01% |
5,123,806
+1,241,764
| +32% | +$19M |
|
1406
Xerox
XRX
$345M
| $70.4M | ﹤0.01% |
4,738,714
+90,645
| +2% | +$1.37M |
|
1407
Enanta Pharmaceuticals
ENTA
$362M
| $70.3M | ﹤0.01% |
1,512,192
+134,775
| +10% | +$6.14M |
|
1408
MGE Energy Inc
MGEE
$3.03B
| $70.3M | ﹤0.01% |
998,178
+11,102
| +1% | +$763K |
|
1409
Bank of America Series L
BAC.PRL
$3.93B
| $70.2M | ﹤0.01% |
60,198
+2,000
| +3% | +$2.37M |
|
|
SUM
1410
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $70M | ﹤0.01% |
2,464,317
-28,692
| -1% | -$791K |
|
1411
Allison Transmission
ALSN
$9.51B
| $69.7M | ﹤0.01% |
1,675,914
-30,743
| -2% | -$1.26M |
|
1412
Atlantic Union Bankshares
AUB
$6.05B
| $69.7M | ﹤0.01% |
1,983,312
-302,120
| -13% | -$10.3M |
|
|
KDNY
1413
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $69.7M | ﹤0.01% |
2,658,956
+193,237
| +8% | +$4.28M |
|
1414
Cal-Maine
CALM
$4.43B
| $69.6M | ﹤0.01% |
1,278,804
-495,254
| -28% | -$28.6M |
|
1415
Cavco Industries
CVCO
$4.36B
| $69.4M | ﹤0.01% |
306,949
-6,436
| -2% | -$1.43M |
|
1416
Navient
NAVI
$819M
| $69.2M | ﹤0.01% |
4,209,234
+62,657
| +2% | +$991K |
|
1417
Yelp
YELP
$1.54B
| $69.1M | ﹤0.01% |
2,528,213
-114,486
| -4% | -$3.63M |
|
|
VBTX
1418
DELISTED
Veritex Holdings
VBTX
| $69M | ﹤0.01% |
2,456,745
-113,137
| -4% | -$3.36M |
|
1419
Emergent Biosolutions
EBS
$379M
| $68.7M | ﹤0.01% |
5,817,955
+1,501,645
| +35% | +$23.2M |
|
1420
Dana Inc
DAN
$2.88B
| $68.7M | ﹤0.01% |
4,537,430
+94,966
| +2% | +$1.47M |
|
|
MDRX
1421
DELISTED
Veradigm Inc. Common Stock
MDRX
| $68.6M | ﹤0.01% |
3,889,520
-267,668
| -6% | -$4.48M |
|
1422
NMI Holdings
NMIH
$3.37B
| $68.4M | ﹤0.01% |
3,273,624
-144,573
| -4% | -$3.03M |
|
|
KYNB
1423
Kyntra Bio
KYNB
$27.4M
| $68.3M | ﹤0.01% |
170,599
+1,621
| +1% | +$621K |
|
1424
Herc Holdings
HRI
$4.78B
| $68.1M | ﹤0.01% |
517,560
+3,536
| +0.7% | +$434K |
|
1425
Urban Outfitters
URBN
$6.46B
| $68M | ﹤0.01% |
2,852,338
+69,081
| +2% | +$1.72M |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.