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 | |
|---|---|---|---|---|---|---|
1501
Westamerica Bancorp
WABC
$1.37B
| $71.6M | ﹤0.01% |
1,268,911
+89,117
| +8% | +$4.42M |
|
1502
DigitalBridge
DBRG
$2.95B
| $71.3M | ﹤0.01% |
4,065,537
+160,789
| +4% | +$2.65M |
|
1503
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.4B
| $71.1M | ﹤0.01% |
1,684,582
+717,647
| +74% | +$27M |
|
1504
Kaiser Aluminum
KALU
$3.02B
| $71.1M | ﹤0.01% |
998,042
+131,668
| +15% | +$8.34M |
|
|
AAT
1505
American Assets Trust
AAT
$1.4B
| $70.8M | ﹤0.01% |
3,146,988
+19,499
| +0.6% | +$386K |
|
1506
Xencor
XNCR
$1.55B
| $70.6M | ﹤0.01% |
3,326,856
+348,255
| +12% | +$6.63M |
|
|
CSW
1507
CSW Industrials
CSW
$5.71B
| $70.5M | ﹤0.01% |
339,891
+20,135
| +6% | +$3.65M |
|
1508
Herbalife
HLF
$1.29B
| $70.4M | ﹤0.01% |
4,615,668
-150,710
| -3% | -$2.08M |
|
1509
Dave & Buster's
PLAY
$357M
| $70.4M | ﹤0.01% |
1,307,627
-20,287
| -2% | -$821K |
|
1510
InvenTrust Properties
IVT
$2.59B
| $70.3M | ﹤0.01% |
2,751,700
+45,172
| +2% | +$1.13M |
|
1511
Kanzhun
BZ
$7.36B
| $70.3M | ﹤0.01% |
4,230,438
+137,262
| +3% | +$2.15M |
|
1512
Cushman & Wakefield Ltd
CWK
$3.25B
| $69.8M | ﹤0.01% |
6,460,076
+242,396
| +4% | +$2.02M |
|
1513
Helix Energy Solutions
HLX
$1.41B
| $69.6M | ﹤0.01% |
6,774,882
+116,445
| +2% | +$1.16M |
|
1514
Guardant Health
GH
$22.6B
| $69.6M | ﹤0.01% |
2,572,324
+155,177
| +6% | +$4.07M |
|
1515
Hope Bancorp
HOPE
$1.79B
| $69.6M | ﹤0.01% |
5,758,529
+220,651
| +4% | +$2.19M |
|
1516
Vir Biotechnology
VIR
$1.49B
| $69.5M | ﹤0.01% |
6,912,082
-261,346
| -4% | -$2.39M |
|
1517
Agilysys
AGYS
$3.06B
| $69.5M | ﹤0.01% |
819,299
+39,026
| +5% | +$3.17M |
|
1518
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$7B
| $69.3M | ﹤0.01% |
3,138,845
+628,238
| +25% | +$13.2M |
|
1519
Central Garden & Pet Co Class A
CENTA
$2.44B
| $69.2M | ﹤0.01% |
1,964,750
+115,192
| +6% | +$3.69M |
|
1520
Modine Manufacturing
MOD
$10.4B
| $69.2M | ﹤0.01% |
1,159,160
+46,222
| +4% | +$2.26M |
|
1521
Clarivate
CLVT
$1.16B
| $69.1M | ﹤0.01% |
7,458,291
-2,025,103
| -21% | -$15M |
|
1522
Shift4
FOUR
$3.27B
| $69M | ﹤0.01% |
928,405
+63,452
| +7% | +$3.78M |
|
1523
Q2 Holdings
QTWO
$3.92B
| $68.9M | ﹤0.01% |
1,586,548
+92,997
| +6% | +$3.3M |
|
1524
Parsons
PSN
$5.08B
| $68.8M | ﹤0.01% |
1,097,495
+30,927
| +3% | +$1.87M |
|
1525
Navient
NAVI
$853M
| $68.8M | ﹤0.01% |
3,692,918
-51,440
| -1% | -$897K |
|
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.