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 | |
|---|---|---|---|---|---|---|
1551
indie Semiconductor
INDI
$854M
| $65.4M | ﹤0.01% |
8,065,703
-951,017
| -11% | -$6.2M |
|
1552
Pacira BioSciences
PCRX
$997M
| $65.3M | ﹤0.01% |
1,936,158
+150,919
| +8% | +$4.42M |
|
1553
TTM Technologies
TTMI
$14.5B
| $65.3M | ﹤0.01% |
4,130,040
+71,694
| +2% | +$999K |
|
1554
First Merchants
FRME
$2.67B
| $65.2M | ﹤0.01% |
1,758,058
+47,249
| +3% | +$1.46M |
|
1555
Enova International
ENVA
$6.29B
| $64.9M | ﹤0.01% |
1,172,132
-24,577
| -2% | -$1.13M |
|
1556
Freshpet
FRPT
$3.22B
| $64.8M | ﹤0.01% |
747,341
+26,297
| +4% | +$1.8M |
|
1557
Ingevity
NGVT
$2.68B
| $64.6M | ﹤0.01% |
1,367,868
+116,270
| +9% | +$4.83M |
|
1558
Vanguard FTSE Developed Markets ETF
VEA
$236B
| $64.5M | ﹤0.01% |
1,347,401
+972,542
| +259% | +$43.5M |
|
1559
Century Aluminum
CENX
$5.07B
| $64.5M | ﹤0.01% |
5,309,455
-971,985
| -15% | -$7.63M |
|
1560
Bank of America Series L
BAC.PRL
$3.99B
| $64.4M | ﹤0.01% |
52,998
-14,400
| -21% | -$16.1M |
|
|
VSTO
1561
DELISTED
Vista Outdoor Inc.
VSTO
| $64.3M | ﹤0.01% |
2,175,142
+175,533
| +9% | +$4.83M |
|
|
PENG
1562
Penguin Solutions Inc
PENG
$2.99B
| $64.3M | ﹤0.01% |
3,394,101
-26,174
| -0.8% | -$453K |
|
1563
iShares MSCI India ETF
INDA
$6.63B
| $64.2M | ﹤0.01% |
1,314,535
+14,800
| +1% | +$673K |
|
1564
Bread Financial
BFH
$4.38B
| $64.1M | ﹤0.01% |
1,947,387
+29,883
| +2% | +$893K |
|
1565
GlobalFoundries
GFS
$29.6B
| $64M | ﹤0.01% |
1,056,268
+86,678
| +9% | +$4.8M |
|
|
RC
1566
Ready Capital
RC
$308M
| $64M | ﹤0.01% |
6,062,913
+280,216
| +5% | +$2.85M |
|
1567
Cohu
COHU
$2.5B
| $63.9M | ﹤0.01% |
1,804,565
+103,151
| +6% | +$3.43M |
|
1568
Futu Holdings
FUTU
$15.3B
| $63.7M | ﹤0.01% |
1,166,071
+35,580
| +3% | +$2.02M |
|
1569
Enerpac Tool Group
EPAC
$1.93B
| $63.4M | ﹤0.01% |
2,040,394
+34,266
| +2% | +$977K |
|
1570
Agilon Health
AGL
$1.6B
| $63.3M | ﹤0.01% |
201,672
+15,228
| +8% | +$5.51M |
|
1571
Tennant Co
TNC
$1.26B
| $63.1M | ﹤0.01% |
680,892
-16,497
| -2% | -$1.37M |
|
1572
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.29B
| $63M | ﹤0.01% |
2,964,432
-94,378
| -3% | -$1.91M |
|
1573
Donnelley Financial Solutions
DFIN
$1.16B
| $62.8M | ﹤0.01% |
1,006,716
+6,374
| +0.6% | +$363K |
|
|
STR
1574
DELISTED
Sitio Royalties
STR
| $62.7M | ﹤0.01% |
2,668,657
+21,600
| +0.8% | +$502K |
|
1575
Federated Hermes
FHI
$4.72B
| $62.7M | ﹤0.01% |
1,850,738
+55,161
| +3% | +$1.8M |
|
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.