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 | |
|---|---|---|---|---|---|---|
1401
Veracyte
VCYT
$3.8B
| $85.5M | ﹤0.01% |
3,108,639
-142,653
| -4% | -$3.44M |
|
1402
Itaú Unibanco
ITUB
$87.5B
| $85M | ﹤0.01% |
13,650,445
+1,163,544
| +9% | +$6.17M |
|
|
SAGE
1403
DELISTED
Sage Therapeutics
SAGE
| $84.9M | ﹤0.01% |
3,918,222
-460,245
| -11% | -$9.12M |
|
1404
NBT Bancorp
NBTB
$2.74B
| $84.6M | ﹤0.01% |
2,019,456
+134,229
| +7% | +$4.85M |
|
1405
CVR Energy
CVI
$3.13B
| $84.6M | ﹤0.01% |
2,791,396
+358,023
| +15% | +$11.3M |
|
1406
Rapid7
RPD
$773M
| $84.6M | ﹤0.01% |
1,480,929
+83,951
| +6% | +$4.39M |
|
|
ELME
1407
Elme Communities
ELME
$144M
| $84.5M | ﹤0.01% |
5,716,814
+68,718
| +1% | +$939K |
|
1408
CorVel
CRVL
$3.19B
| $84.5M | ﹤0.01% |
1,024,875
+8,418
| +0.8% | +$597K |
|
1409
Energizer
ENR
$1.55B
| $84M | ﹤0.01% |
2,652,886
-5,506
| -0.2% | -$174K |
|
|
PGTI
1410
DELISTED
PGT, Inc.
PGTI
| $84M | ﹤0.01% |
2,064,000
+65,705
| +3% | +$2.14M |
|
1411
Vestis
VSTS
$1.88B
| $83.9M | ﹤0.01% |
+3,966,848
| New | +$68.1M |
|
1412
Trustmark
TRMK
$2.75B
| $83.9M | ﹤0.01% |
3,008,695
+374,383
| +14% | +$8.68M |
|
1413
Trinity Industries
TRN
$2.38B
| $83.6M | ﹤0.01% |
3,145,025
+160,195
| +5% | +$3.85M |
|
1414
Lucid Motors
LCID
$2.77B
| $83.5M | ﹤0.01% |
1,982,637
+165,891
| +9% | +$7.45M |
|
1415
Ryan Specialty Holdings
RYAN
$5.55B
| $83.4M | ﹤0.01% |
1,938,685
+201,050
| +12% | +$9.07M |
|
1416
Winnebago Industries
WGO
$909M
| $83.3M | ﹤0.01% |
1,142,922
+29,158
| +3% | +$1.87M |
|
1417
iRhythm Holdings
IRTC
$4.2B
| $83.2M | ﹤0.01% |
777,527
-68,837
| -8% | -$6M |
|
1418
Carter's
CRI
$1.47B
| $83.2M | ﹤0.01% |
1,110,788
+10,038
| +0.9% | +$697K |
|
1419
POSCO
PKX
$17.5B
| $83.2M | ﹤0.01% |
874,509
+39,669
| +5% | +$3.58M |
|
|
THS
1420
DELISTED
Treehouse Foods
THS
| $83.1M | ﹤0.01% |
2,005,639
+65,978
| +3% | +$2.71M |
|
|
DEA
1421
Easterly Government Properties
DEA
$1.18B
| $83M | ﹤0.01% |
2,470,285
+71,623
| +3% | +$2.12M |
|
1422
Cable One
CABO
$212M
| $82.7M | ﹤0.01% |
148,585
+4,146
| +3% | +$2.37M |
|
1423
Sonos
SONO
$1.85B
| $82.7M | ﹤0.01% |
4,822,854
+136,747
| +3% | +$1.84M |
|
1424
Park National Corp
PRK
$3.67B
| $82.6M | ﹤0.01% |
621,560
+49,632
| +9% | +$5.51M |
|
|
ODP
1425
DELISTED
ODP
ODP
| $82.1M | ﹤0.01% |
1,459,111
-22,456
| -2% | -$1.07M |
|
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.