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 | |
|---|---|---|---|---|---|---|
1526
iShares 0-5 Year TIPS Bond ETF
STIP
$15.8B
| $68.6M | ﹤0.01% |
695,416
-8,401
| -1% | -$819K |
|
1527
Sylvamo
SLVM
$1.63B
| $68.5M | ﹤0.01% |
1,395,443
+91,648
| +7% | +$4.28M |
|
1528
Worthington Enterprises
WOR
$2.86B
| $68.2M | ﹤0.01% |
1,184,536
-1,397,492
| -54% | -$61.4M |
|
1529
National Vision
EYE
$1.81B
| $68M | ﹤0.01% |
3,250,711
+122,685
| +4% | +$2.18M |
|
1530
McGrath RentCorp
MGRC
$2.92B
| $68M | ﹤0.01% |
568,260
+24,814
| +5% | +$2.58M |
|
1531
Brookfield Infrastructure
BIPC
$4.85B
| $67.9M | ﹤0.01% |
1,925,652
+355,980
| +23% | +$11.3M |
|
1532
Shoals Technologies Group
SHLS
$1.5B
| $67.9M | ﹤0.01% |
4,371,611
+361,491
| +9% | +$5.47M |
|
1533
Sprout Social
SPT
$621M
| $67.9M | ﹤0.01% |
1,104,381
+52,110
| +5% | +$2.75M |
|
1534
Pathward Financial
CASH
$1.83B
| $67.8M | ﹤0.01% |
1,280,397
+61,544
| +5% | +$3.02M |
|
1535
Forward Air
FWRD
$654M
| $67.6M | ﹤0.01% |
1,075,816
+72,672
| +7% | +$4.89M |
|
1536
Tandem Diabetes Care
TNDM
$1.53B
| $67.3M | ﹤0.01% |
2,274,566
+104,722
| +5% | +$2.17M |
|
1537
Empire State Realty Trust
ESRT
$836M
| $67.3M | ﹤0.01% |
6,943,201
+166,784
| +2% | +$1.45M |
|
|
SIX
1538
DELISTED
Six Flags Entertainment Corp.
SIX
| $67.2M | ﹤0.01% |
2,679,326
+7,732
| +0.3% | +$178K |
|
1539
Upbound Group
UPBD
$1.16B
| $67.1M | ﹤0.01% |
1,952,821
-69,281
| -3% | -$2.06M |
|
1540
CBIZ
CBZ
$2.96B
| $67M | ﹤0.01% |
1,070,802
+34,315
| +3% | +$1.94M |
|
1541
Zentalis Pharmaceuticals
ZNTL
$300M
| $66.9M | ﹤0.01% |
4,417,056
+1,713,696
| +63% | +$25M |
|
|
B
1542
DELISTED
Barnes Group Inc.
B
| $66.9M | ﹤0.01% |
2,050,242
+105,273
| +5% | +$3.01M |
|
|
EQC
1543
DELISTED
Equity Commonwealth
EQC
| $66.4M | ﹤0.01% |
3,459,461
+102,151
| +3% | +$1.93M |
|
1544
Gentherm
THRM
$1.27B
| $66.3M | ﹤0.01% |
1,266,368
+82,995
| +7% | +$4.05M |
|
1545
Cracker Barrel
CBRL
$1.29B
| $66.3M | ﹤0.01% |
860,043
+21,381
| +3% | +$1.53M |
|
1546
NETSCOUT
NTCT
$2.79B
| $66.3M | ﹤0.01% |
3,020,046
+306,817
| +11% | +$6.88M |
|
|
CBAY
1547
DELISTED
Cymabay Therapeutics
CBAY
| $66.1M | ﹤0.01% |
2,797,916
+511,972
| +22% | +$9.12M |
|
|
PPLI
1548
People Inc
PPLI
$3.1B
| $66M | ﹤0.01% |
1,534,850
+42,913
| +3% | +$1.68M |
|
1549
Compass Minerals
CMP
$1.15B
| $65.9M | ﹤0.01% |
2,601,057
+217,048
| +9% | +$5.54M |
|
1550
First Bancorp
FBNC
$2.68B
| $65.5M | ﹤0.01% |
1,758,105
+103,538
| +6% | +$3.25M |
|
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.