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 | |
|---|---|---|---|---|---|---|
1626
Credit Acceptance
CACC
$6.08B
| $57.7M | ﹤0.01% |
108,337
+4,713
| +5% | +$2.12M |
|
1627
NovoCure
NVCR
$1.91B
| $57.7M | ﹤0.01% |
3,863,549
+1,770,927
| +85% | +$23.7M |
|
1628
Opendoor
OPEN
$3.38B
| $57.7M | ﹤0.01% |
13,303,068
+64,173
| +0.5% | +$179K |
|
1629
Suzano
SUZ
$10.1B
| $57.4M | ﹤0.01% |
4,952,133
+264,618
| +6% | +$2.86M |
|
1630
ICF International
ICFI
$1.72B
| $57.4M | ﹤0.01% |
427,532
+19,712
| +5% | +$2.59M |
|
|
VBTX
1631
DELISTED
Veritex Holdings
VBTX
| $57.3M | ﹤0.01% |
2,462,974
+6,160
| +0.3% | +$121K |
|
|
NVEE
1632
DELISTED
NV5 Global
NVEE
| $57.2M | ﹤0.01% |
2,057,776
+190,152
| +10% | +$4.83M |
|
1633
Towne Bank
TOWN
$3.42B
| $57.1M | ﹤0.01% |
1,902,688
+65,720
| +4% | +$1.7M |
|
1634
Red Rock Resorts
RRR
$3.62B
| $57.1M | ﹤0.01% |
1,070,047
+23,465
| +2% | +$1.04M |
|
1635
Lindsay Corp
LNN
$1.18B
| $57M | ﹤0.01% |
441,099
+45,854
| +12% | +$5.63M |
|
|
STEL
1636
DELISTED
Stellar Bancorp
STEL
| $56.9M | ﹤0.01% |
2,043,029
+182,689
| +10% | +$4.39M |
|
|
AMWD
1637
DELISTED
American Woodmark
AMWD
| $56.7M | ﹤0.01% |
610,516
+5,743
| +0.9% | +$447K |
|
1638
G-III Apparel Group
GIII
$1.5B
| $56.5M | ﹤0.01% |
1,663,645
+39,278
| +2% | +$1.1M |
|
1639
Addus HomeCare
ADUS
$2.23B
| $56.3M | ﹤0.01% |
606,819
+33,212
| +6% | +$2.89M |
|
1640
Nextpower Inc
NXT
$15.7B
| $56.3M | ﹤0.01% |
1,201,386
+31,076
| +3% | +$1.22M |
|
1641
Cinemark Holdings
CNK
$4.32B
| $56.1M | ﹤0.01% |
3,982,090
-122,412
| -3% | -$1.9M |
|
1642
Harmonic Inc
HLIT
$1.28B
| $56M | ﹤0.01% |
4,297,621
+277,866
| +7% | +$2.97M |
|
1643
Nu Skin
NUS
$267M
| $55.8M | ﹤0.01% |
2,871,749
-131,676
| -4% | -$2.43M |
|
|
VGR
1644
DELISTED
Vector Group Ltd.
VGR
| $55.7M | ﹤0.01% |
4,939,929
+194,054
| +4% | +$2.1M |
|
1645
S&T Bancorp
STBA
$1.79B
| $55.5M | ﹤0.01% |
1,659,721
+93,197
| +6% | +$2.67M |
|
|
RCM
1646
DELISTED
R1 RCM Inc. Common Stock
RCM
| $55.4M | ﹤0.01% |
5,245,275
+242,996
| +5% | +$2.76M |
|
1647
Flywire
FLYW
$2.16B
| $55.4M | ﹤0.01% |
2,393,716
+333,138
| +16% | +$8.4M |
|
1648
Hayward Holdings
HAYW
$3.36B
| $55.3M | ﹤0.01% |
4,069,612
+354,490
| +10% | +$4.36M |
|
|
AGR
1649
DELISTED
Avangrid, Inc.
AGR
| $55.3M | ﹤0.01% |
1,686,804
+163,563
| +11% | +$5.1M |
|
1650
Dorian LPG
LPG
$1.96B
| $55.3M | ﹤0.01% |
1,260,033
+49,055
| +4% | +$1.82M |
|
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.