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 |
Kenvue
KVUE
|
+$1.73B |
| 2 |
Blackstone
BX
|
+$1.35B |
| 3 |
Airbnb
ABNB
|
+$1.05B |
| 4 |
Walmart Inc
WMT
|
+$665M |
| 5 |
Extra Space Storage
EXR
|
+$549M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$1.8B |
| 2 |
Apple
AAPL
|
+$1.76B |
| 3 |
Microsoft
MSFT
|
+$1.7B |
| 4 |
NVIDIA
NVDA
|
+$1.27B |
| 5 |
Coca-Cola
KO
|
+$960M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.76% |
| 2 | Healthcare | 13.55% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.94% |
| 5 | Industrials | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Huntsman Corp
HUN
$1.71B
| $71.8M | ﹤0.01% |
2,941,184
-30,609
| -1% | -$830K |
|
1402
Guardant Health
GH
$21.5B
| $71.6M | ﹤0.01% |
2,417,147
+67,890
| +3% | +$2.39M |
|
|
IBTX
1403
DELISTED
Independent Bank Group, Inc.
IBTX
| $71.1M | ﹤0.01% |
1,798,777
-203,472
| -10% | -$8.3M |
|
1404
PTC Therapeutics
PTCT
$5.64B
| $71M | ﹤0.01% |
3,168,860
-1,624
| -0.1% | -$60.4K |
|
1405
Viking Therapeutics
VKTX
$3.7B
| $71M | ﹤0.01% |
6,411,062
+1,591,686
| +33% | +$22.8M |
|
1406
MillerKnoll
MLKN
$1.53B
| $70.7M | ﹤0.01% |
2,871,294
-20,980
| -0.7% | -$393K |
|
1407
Doximity
DOCS
$3.76B
| $70.4M | ﹤0.01% |
3,317,570
+141,362
| +4% | +$3.86M |
|
|
ALEX
1408
DELISTED
Alexander & Baldwin
ALEX
| $70.3M | ﹤0.01% |
4,145,697
+5,537
| +0.1% | +$100K |
|
1409
White Mountains Insurance
WTM
$5.2B
| $70.2M | ﹤0.01% |
46,965
-664
| -1% | -$1.02M |
|
1410
Lazard
LAZ
$4.13B
| $69.9M | ﹤0.01% |
2,253,035
+167,913
| +8% | +$5.63M |
|
|
GAP
1411
The Gap Inc
GAP
$7.23B
| $69.7M | ﹤0.01% |
6,554,355
-67,481
| -1% | -$688K |
|
|
ESGR
1412
DELISTED
Enstar Group
ESGR
| $69.5M | ﹤0.01% |
287,374
+7,427
| +3% | +$1.86M |
|
|
SCHR
1413
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $69.5M | ﹤0.01% |
2,900,000
| – | – |
|
1414
Edgewell Personal Care
EPC
$1.25B
| $69.4M | ﹤0.01% |
1,871,232
-8,027
| -0.4% | -$310K |
|
1415
Northwest Bancshares
NWBI
$2.3B
| $69.3M | ﹤0.01% |
6,769,555
-474,634
| -7% | -$5.29M |
|
1416
Forward Air
FWRD
$444M
| $69M | ﹤0.01% |
1,003,144
+29,110
| +3% | +$2.56M |
|
1417
Credo Technology Group
CRDO
$38.6B
| $68.9M | ﹤0.01% |
4,519,372
+133,818
| +3% | +$2.11M |
|
1418
DigitalBridge
DBRG
$2.93B
| $68.7M | ﹤0.01% |
3,904,748
+11,983
| +0.3% | +$198K |
|
|
DEA
1419
Easterly Government Properties
DEA
$1.13B
| $68.5M | ﹤0.01% |
2,398,662
+21,163
| +0.9% | +$726K |
|
1420
Lyft
LYFT
$6.02B
| $68.5M | ﹤0.01% |
6,501,249
+478,710
| +8% | +$5.33M |
|
1421
Cal-Maine
CALM
$4.12B
| $68.5M | ﹤0.01% |
1,414,115
+64,000
| +5% | +$2.97M |
|
|
ODP
1422
DELISTED
ODP
ODP
| $68.4M | ﹤0.01% |
1,481,567
-53,298
| -3% | -$2.56M |
|
1423
iShares 0-5 Year TIPS Bond ETF
STIP
$15.9B
| $68.2M | ﹤0.01% |
703,817
-11,274
| -2% | -$1.1M |
|
1424
Freshworks
FRSH
$3.14B
| $68.1M | ﹤0.01% |
3,418,184
+123,989
| +4% | +$2.46M |
|
1425
Standex International
SXI
$3.59B
| $68.1M | ﹤0.01% |
467,277
+984
| +0.2% | +$147K |
|
Similar funds
State Street's Q3 2023 Portfolio in Review
As of Q3 2023, State Street held 4,736 positions worth $1.8T, down 5.3% from $1.9T the previous quarter. Its ten largest holdings account for 23% of the portfolio.
State Street's Q3 2023 filing shows 62 new, 1,994 increased, 1,726 reduced and 180 closed positions. Its largest new stake was Kenvue: 74,647,339 shares worth $1.5B. The largest sale was Johnson & Johnson, an estimated $1.8B.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2023 buy was Kenvue: 74,647,339 shares worth $1.5B.
- State Street added most to Blackstone in Q3 2023, an estimated $1.35B increase.
- State Street's biggest Q3 2023 reduction was Johnson & Johnson, cutting an estimated $1.8B.
- State Street fully exited Life Storage, Inc. in Q3 2023, selling an estimated $622M.
- State Street's ten largest holdings make up 23% of its $1.8T portfolio in Q3 2023.
- State Street opened 62 new positions and closed 180 in Q3 2023.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.8T.
Based on State Street's 13F filing for Q3 2023, filed 14 Nov 2023.