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 |
Bristol-Myers Squibb
BMY
|
+$1.79B |
| 2 |
Truist Financial
TFC
|
+$1.36B |
| 3 |
Alibaba
BABA
|
+$1.05B |
| 4 |
ServiceNow
NOW
|
+$945M |
| 5 |
Las Vegas Sands
LVS
|
+$421M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$2.96B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$1.4B |
| 3 |
Cummins
CMI
|
+$607M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$414M |
| 5 |
RTX Corp
RTX
|
+$402M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.83% |
| 2 | Financials | 15.11% |
| 3 | Healthcare | 13.45% |
| 4 | Industrials | 10.88% |
| 5 | Consumer Discretionary | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
EOG Resources
EOG
$74.7B
| $2.36B | 0.16% |
28,201,688
+1,006,145
| +4% | +$73.7M |
|
127
Sempra
SRE
$59.7B
| $2.36B | 0.16% |
30,909,954
+1,846,082
| +6% | +$135M |
|
128
Waste Management
WM
$95.5B
| $2.31B | 0.16% |
20,313,559
+21,404
| +0.1% | +$2.42M |
|
129
Norfolk Southern
NSC
$77.1B
| $2.28B | 0.16% |
11,721,095
+692,117
| +6% | +$130M |
|
130
Intercontinental Exchange
ICE
$84.1B
| $2.27B | 0.16% |
24,518,530
+85,241
| +0.3% | +$7.91M |
|
131
Sysco
SYY
$40.2B
| $2.25B | 0.15% |
26,351,821
-395,903
| -1% | -$32.1M |
|
132
Emerson Electric
EMR
$83.6B
| $2.23B | 0.15% |
29,277,303
+4,290
| +0% | +$309K |
|
133
Public Storage
PSA
$60.5B
| $2.23B | 0.15% |
10,467,948
-641,080
| -6% | -$142M |
|
134
Welltower
WELL
$175B
| $2.22B | 0.15% |
27,103,341
-1,829,854
| -6% | -$157M |
|
135
Kinder Morgan
KMI
$70.6B
| $2.22B | 0.15% |
104,650,289
+8,137,878
| +8% | +$165M |
|
136
Ecolab
ECL
$76.4B
| $2.21B | 0.15% |
11,406,173
-135,221
| -1% | -$25.7M |
|
137
Aon
AON
$78.4B
| $2.2B | 0.15% |
10,541,582
+32,700
| +0.3% | +$6.47M |
|
138
Deere & Co
DE
$169B
| $2.18B | 0.15% |
12,524,869
+19,930
| +0.2% | +$3.43M |
|
139
Capital One
COF
$127B
| $2.17B | 0.15% |
21,114,958
+234,697
| +1% | +$22.6M |
|
|
140
ServiceNow
NOW
$109B
| $2.17B | 0.15% |
38,397,435
+17,928,025
| +88% | +$945M |
|
141
Global Payments
GPN
$23B
| $2.15B | 0.15% |
11,773,243
+158,819
| +1% | +$27.3M |
|
142
Humana
HUM
$45.8B
| $2.12B | 0.15% |
5,780,059
-42,028
| -0.7% | -$13.3M |
|
143
Southwest Airlines
LUV
$22.2B
| $2.1B | 0.14% |
38,729,343
-939,420
| -2% | -$52.1M |
|
144
General Motors
GM
$78.7B
| $2.1B | 0.14% |
57,294,867
+112,609
| +0.2% | +$4.09M |
|
145
Estee Lauder
EL
$30.1B
| $2.09B | 0.14% |
10,106,362
+44,119
| +0.4% | +$8.57M |
|
146
Edwards Lifesciences
EW
$47.8B
| $2.08B | 0.14% |
26,750,793
+363,555
| +1% | +$28.4M |
|
147
Sherwin-Williams
SHW
$80.7B
| $2.08B | 0.14% |
10,679,106
-267,576
| -2% | -$51M |
|
148
Edison International
EIX
$30.3B
| $2.06B | 0.14% |
27,110,949
+1,108,106
| +4% | +$78.4M |
|
149
Illumina
ILMN
$28.7B
| $2.04B | 0.14% |
6,330,067
+126,492
| +2% | +$38.3M |
|
150
Consolidated Edison
ED
$41.1B
| $2.04B | 0.14% |
22,528,391
+610,178
| +3% | +$54.7M |
|
Similar funds
State Street's Q4 2019 Portfolio in Review
As of Q4 2019, State Street held 3,899 positions worth $1.46T, up 8.8% from $1.34T the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Trading was light in Q4 2019: portfolio turnover was 4.8%. State Street opened 94 new positions and exited 92, leaving the 3,899-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
- State Street's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 98,000 shares worth $114M.
- State Street added most to Bristol-Myers Squibb in Q4 2019, an estimated $1.79B increase.
- State Street's biggest Q4 2019 reduction was Cummins, cutting an estimated $607M.
- State Street fully exited Celgene Corp in Q4 2019, selling an estimated $2.96B.
- State Street's ten largest holdings make up 18% of its $1.46T portfolio in Q4 2019.
- State Street opened 94 new positions and closed 92 in Q4 2019.
- State Street's portfolio value rose 8.8% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q4 2019, filed 6 Feb 2020.