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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PDM
1526
Piedmont Realty Trust
PDM
$1.25B
| $57.6M | ﹤0.01% |
6,141,607
+50,531
| +0.8% | +$499K |
|
1527
Gibraltar Industries
ROCK
$1.27B
| $57.5M | ﹤0.01% |
1,254,072
+11,840
| +1% | +$568K |
|
1528
Rocket Lab Corp
RKLB
$40.4B
| $57.4M | ﹤0.01% |
15,218,555
+1,599,305
| +12% | +$6.98M |
|
1529
Interparfums
IPAR
$4.02B
| $57M | ﹤0.01% |
590,491
-3,370
| -0.6% | -$293K |
|
|
BECN
1530
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $57M | ﹤0.01% |
1,079,347
-12,533
| -1% | -$708K |
|
1531
LiveRamp
RAMP
$2.3B
| $56.9M | ﹤0.01% |
2,427,798
+138,056
| +6% | +$2.79M |
|
|
VTNR
1532
DELISTED
Vertex Energy, Inc
VTNR
| $56.9M | ﹤0.01% |
9,170,496
-855,016
| -9% | -$6.39M |
|
1533
First Commonwealth Financial
FCF
$2.18B
| $56.8M | ﹤0.01% |
4,067,330
-9,536
| -0.2% | -$134K |
|
|
NVEE
1534
DELISTED
NV5 Global
NVEE
| $56.8M | ﹤0.01% |
1,716,860
-2,564
| -0.1% | -$89.1K |
|
1535
Cheesecake Factory
CAKE
$5.03B
| $56.7M | ﹤0.01% |
1,788,941
+37,488
| +2% | +$1.25M |
|
1536
Knowles
KN
$3.08B
| $56.7M | ﹤0.01% |
3,451,087
+207,436
| +6% | +$3.01M |
|
|
PGRE
1537
DELISTED
Paramount Group
PGRE
| $56.6M | ﹤0.01% |
9,409,844
-33,419
| -0.4% | -$209K |
|
|
DCPH
1538
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $56.5M | ﹤0.01% |
3,448,024
+228,693
| +7% | +$3.72M |
|
1539
NetEase
NTES
$84.4B
| $56.5M | ﹤0.01% |
777,197
-51,460
| -6% | -$3.5M |
|
1540
PennyMac Financial
PFSI
$3.94B
| $56.3M | ﹤0.01% |
993,966
-61,193
| -6% | -$3.24M |
|
1541
City Holding Co
CHCO
$2.04B
| $56.2M | ﹤0.01% |
604,178
-11,765
| -2% | -$1.13M |
|
1542
Varonis Systems
VRNS
$4.58B
| $56.2M | ﹤0.01% |
2,348,392
+18,848
| +0.8% | +$431K |
|
1543
TAL Education Group
TAL
$6.85B
| $56M | ﹤0.01% |
7,942,621
+312,634
| +4% | +$1.73M |
|
1544
Penske Automotive Group
PAG
$14.5B
| $56M | ﹤0.01% |
487,168
-12,656
| -3% | -$1.44M |
|
1545
Zurn Elkay Water Solutions
ZWS
$8.31B
| $55.9M | ﹤0.01% |
2,643,680
+93,218
| +4% | +$2.2M |
|
1546
Hertz
HTZ
$524M
| $55.9M | ﹤0.01% |
3,632,065
-142,049
| -4% | -$2.39M |
|
1547
StoneX
SNEX
$9.39B
| $55.8M | ﹤0.01% |
2,963,613
-261,002
| -8% | -$4.83M |
|
|
UCTT
1548
Ultra Clean Holdings
UCTT
$3.73B
| $55.7M | ﹤0.01% |
1,680,468
+143,666
| +9% | +$4.58M |
|
1549
Brookfield Infrastructure
BIPC
$5.24B
| $55.7M | ﹤0.01% |
1,432,036
-9,483
| -0.7% | -$403K |
|
1550
Agilysys
AGYS
$3.04B
| $55.6M | ﹤0.01% |
702,407
-51,987
| -7% | -$3.31M |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.