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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1651
Eagle Bancorp
EGBN
$845M
| $49.3M | ﹤0.01% |
1,474,229
+96,946
| +7% | +$4.14M |
|
|
INN
1652
Summit Hotel Properties
INN
$700M
| $49.3M | ﹤0.01% |
7,041,341
-36,797
| -0.5% | -$279K |
|
1653
McGrath RentCorp
MGRC
$2.92B
| $49.3M | ﹤0.01% |
528,093
+31,625
| +6% | +$3.13M |
|
1654
Apogee Enterprises
APOG
$908M
| $49.2M | ﹤0.01% |
1,137,822
+15,446
| +1% | +$694K |
|
1655
Axsome Therapeutics
AXSM
$10.9B
| $49.1M | ﹤0.01% |
796,045
+39,175
| +5% | +$2.57M |
|
|
NTST
1656
NETSTREIT Corp
NTST
$2.1B
| $49.1M | ﹤0.01% |
2,684,142
+21,878
| +0.8% | +$422K |
|
|
VBTX
1657
DELISTED
Veritex Holdings
VBTX
| $49M | ﹤0.01% |
2,686,003
+229,258
| +9% | +$5.85M |
|
1658
Red Rock Resorts
RRR
$3.62B
| $48.9M | ﹤0.01% |
1,096,475
+14,976
| +1% | +$662K |
|
1659
Mativ Holdings
MATV
$711M
| $48.8M | ﹤0.01% |
2,274,918
-10,168
| -0.4% | -$250K |
|
1660
MGP Ingredients
MGPI
$375M
| $48.8M | ﹤0.01% |
504,842
+11,929
| +2% | +$1.17M |
|
1661
Regenxbio
RGNX
$708M
| $48.8M | ﹤0.01% |
2,581,263
-134,926
| -5% | -$2.99M |
|
1662
argenx
ARGX
$54.1B
| $48.8M | ﹤0.01% |
132,036
+129,396
| +4,901% | +$47.9M |
|
1663
Palomar
PLMR
$3.45B
| $48.8M | ﹤0.01% |
883,522
-38,723
| -4% | -$2.08M |
|
1664
Zentalis Pharmaceuticals
ZNTL
$302M
| $48.7M | ﹤0.01% |
2,832,023
-252,114
| -8% | -$5.11M |
|
|
ROCC
1665
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $48.7M | ﹤0.01% |
1,192,643
-410,705
| -26% | -$16.8M |
|
1666
Anavex Life Sciences
AVXL
$310M
| $48.7M | ﹤0.01% |
5,677,376
-135,229
| -2% | -$1.35M |
|
1667
Enanta Pharmaceuticals
ENTA
$400M
| $48.6M | ﹤0.01% |
1,200,936
-311,256
| -21% | -$14.9M |
|
1668
Marten Transport
MRTN
$1.22B
| $48.5M | ﹤0.01% |
2,316,073
-60,967
| -3% | -$1.3M |
|
1669
Mueller Water Products
MWA
$4.16B
| $48.4M | ﹤0.01% |
3,470,358
+25,548
| +0.7% | +$333K |
|
1670
Tennant Co
TNC
$1.26B
| $48.3M | ﹤0.01% |
705,365
+1,063
| +0.2% | +$72.1K |
|
|
VERV
1671
DELISTED
Verve Therapeutics
VERV
| $48.3M | ﹤0.01% |
3,349,777
-1,121,272
| -25% | -$22M |
|
1672
La-Z-Boy
LZB
$1.69B
| $48.3M | ﹤0.01% |
1,661,000
-7,536
| -0.5% | -$214K |
|
1673
Transocean
RIG
$5.82B
| $48.3M | ﹤0.01% |
7,594,502
-416,297
| -5% | -$2.67M |
|
1674
Applovin
APP
$116B
| $48.1M | ﹤0.01% |
3,051,504
+119,116
| +4% | +$1.56M |
|
1675
Freshpet
FRPT
$3.22B
| $47.9M | ﹤0.01% |
723,807
+39,950
| +6% | +$2.45M |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.