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 |
Linde
LIN
|
+$3.42B |
| 2 |
Cigna
CI
|
+$1.25B |
| 3 |
CVS Health
CVS
|
+$1.25B |
| 4 |
Marathon Petroleum
MPC
|
+$805M |
| 5 |
Diamondback Energy
FANG
|
+$589M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$3.86B |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$2.31B |
| 3 |
PX
Praxair Inc
PX
|
+$2.1B |
| 4 |
Apple
AAPL
|
+$1.38B |
| 5 |
ANDV
Andeavor
ANDV
|
+$1.1B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.79% |
| 2 | Technology | 15.42% |
| 3 | Healthcare | 14.78% |
| 4 | Industrials | 11.06% |
| 5 | Consumer Discretionary | 9.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TFCFA
126
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $1.83B | 0.17% |
38,120,388
+592,909
| +2% | +$28.1M |
|
|
MRSH
127
Marsh
MRSH
$90.9B
| $1.8B | 0.16% |
22,526,221
-463,344
| -2% | -$38.6M |
|
128
Vertex Pharmaceuticals
VRTX
$121B
| $1.8B | 0.16% |
10,840,277
-53,978
| -0.5% | -$9.35M |
|
129
Illinois Tool Works
ITW
$84.9B
| $1.79B | 0.16% |
14,016,519
+430,050
| +3% | +$56.6M |
|
130
General Dynamics
GD
$104B
| $1.78B | 0.16% |
11,310,604
-121,167
| -1% | -$21.7M |
|
131
Waste Management
WM
$90.1B
| $1.74B | 0.16% |
19,576,758
-330,417
| -2% | -$29.7M |
|
132
Illumina
ILMN
$29.7B
| $1.74B | 0.16% |
5,957,637
+66,809
| +1% | +$20.7M |
|
|
AGN
133
DELISTED
Allergan plc
AGN
| $1.73B | 0.16% |
12,907,442
-1,040,810
| -7% | -$171M |
|
134
Emerson Electric
EMR
$86.2B
| $1.72B | 0.16% |
28,724,023
-44,286
| -0.2% | -$2.99M |
|
135
Humana
HUM
$43.8B
| $1.71B | 0.16% |
5,970,895
+202,697
| +4% | +$64.3M |
|
136
Norfolk Southern
NSC
$76.3B
| $1.68B | 0.15% |
11,239,279
-361,989
| -3% | -$59.5M |
|
137
Valero Energy
VLO
$88.5B
| $1.68B | 0.15% |
22,367,091
-466,663
| -2% | -$41M |
|
138
Air Products & Chemicals
APD
$66B
| $1.67B | 0.15% |
10,353,122
+288,450
| +3% | +$45.7M |
|
139
Zoetis
ZTS
$31.7B
| $1.64B | 0.15% |
19,211,123
-17,994
| -0.1% | -$1.62M |
|
140
Ecolab
ECL
$79.4B
| $1.64B | 0.15% |
11,070,941
-460,954
| -4% | -$70.4M |
|
141
Capital One
COF
$136B
| $1.59B | 0.14% |
20,992,359
-795,502
| -4% | -$68.9M |
|
142
FedEx
FDX
$74.4B
| $1.58B | 0.14% |
9,774,598
-249,592
| -2% | -$52.8M |
|
143
Consolidated Edison
ED
$39.9B
| $1.57B | 0.14% |
20,480,128
+1,378,505
| +7% | +$108M |
|
144
Baxter International
BAX
$14.3B
| $1.53B | 0.14% |
23,251,518
-415,076
| -2% | -$27.9M |
|
145
Progressive
PGR
$122B
| $1.53B | 0.14% |
25,336,526
-634,175
| -2% | -$42.2M |
|
146
Welltower
WELL
$165B
| $1.52B | 0.14% |
21,877,680
+456,185
| +2% | +$31M |
|
147
American International
AIG
$41.9B
| $1.52B | 0.14% |
38,527,125
-1,260,971
| -3% | -$55.1M |
|
148
Aon
AON
$75.3B
| $1.51B | 0.14% |
10,418,754
-360,329
| -3% | -$56M |
|
149
Prudential Financial
PRU
$42.9B
| $1.51B | 0.14% |
18,513,460
-658,057
| -3% | -$60.6M |
|
150
HP
HPQ
$25.9B
| $1.51B | 0.14% |
73,051,946
-1,437,062
| -2% | -$33.5M |
|
Similar funds
State Street's Q4 2018 Portfolio in Review
As of Q4 2018, State Street held 3,872 positions worth $1.1T, down 16% from $1.3T the previous quarter. Its ten largest holdings account for 17% of the portfolio.
State Street's Q4 2018 filing shows 102 new, 1,442 increased, 2,108 reduced and 110 closed positions. Its largest new stake was Linde: 21,625,224 shares worth $3.37B. The largest sale was Aetna Inc, an estimated $3.86B.
By sector, the portfolio is most concentrated in Financials at 16% of assets, down from 16% a quarter earlier, followed by Technology and Healthcare.
- State Street's largest Q4 2018 buy was Linde: 21,625,224 shares worth $3.37B.
- State Street added most to Cigna in Q4 2018, an estimated $1.25B increase.
- State Street's biggest Q4 2018 reduction was Apple, cutting an estimated $1.38B.
- State Street fully exited Aetna Inc in Q4 2018, selling an estimated $3.86B.
- State Street's ten largest holdings make up 17% of its $1.1T portfolio in Q4 2018.
- State Street opened 102 new positions and closed 110 in Q4 2018.
- State Street's portfolio value fell 16% quarter-over-quarter to $1.1T.
Based on State Street's 13F filing for Q4 2018, filed 12 Feb 2019.