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 | |
|---|---|---|---|---|---|---|
1701
DNOW Inc
DNOW
$2.99B
| $46.2M | ﹤0.01% |
4,142,802
-26,561
| -0.6% | -$333K |
|
1702
iShares MSCI Canada ETF
EWC
$6.33B
| $46.1M | ﹤0.01% |
1,348,556
+14,141
| +1% | +$484K |
|
|
AHRT
1703
AH Realty Trust
AHRT
$517M
| $45.9M | ﹤0.01% |
3,821,625
-53,884
| -1% | -$662K |
|
1704
FB Financial Corp
FBK
$3.04B
| $45.7M | ﹤0.01% |
1,470,077
+64,079
| +5% | +$2.29M |
|
1705
RadNet
RDNT
$5.69B
| $45.5M | ﹤0.01% |
1,818,175
-19,172
| -1% | -$417K |
|
|
PDM
1706
Piedmont Realty Trust
PDM
$1.19B
| $45.5M | ﹤0.01% |
6,227,041
+85,434
| +1% | +$784K |
|
|
BRKL
1707
DELISTED
Brookline Bancorp
BRKL
| $45.4M | ﹤0.01% |
4,327,813
+930,622
| +27% | +$11.7M |
|
1708
XPEL
XPEL
$1.38B
| $45.4M | ﹤0.01% |
668,712
+24,876
| +4% | +$1.76M |
|
1709
Artisan Partners
APAM
$3.02B
| $45.4M | ﹤0.01% |
1,418,221
+75,884
| +6% | +$2.55M |
|
1710
JD.com
JD
$44.5B
| $45.3M | ﹤0.01% |
1,032,408
-1,402,876
| -58% | -$72.5M |
|
1711
Legend Biotech
LEGN
$4.01B
| $45.3M | ﹤0.01% |
939,450
+139,077
| +17% | +$6.8M |
|
1712
Petrobras Class A
PBR.A
$103B
| $45.2M | ﹤0.01% |
4,875,358
+63,009
| +1% | +$608K |
|
1713
DigitalBridge
DBRG
$2.95B
| $45.2M | ﹤0.01% |
3,767,789
+150,725
| +4% | +$1.89M |
|
1714
Brookfield Renewable
BEPC
$6.26B
| $45.1M | ﹤0.01% |
1,291,357
+1,618
| +0.1% | +$49K |
|
1715
B&G Foods
BGS
$286M
| $45.1M | ﹤0.01% |
2,869,283
+96,810
| +3% | +$1.35M |
|
1716
Dr. Reddy's Laboratories
RDY
$10.2B
| $45.1M | ﹤0.01% |
3,956,825
+135,010
| +4% | +$1.46M |
|
1717
Cerence
CRNC
$413M
| $44.7M | ﹤0.01% |
1,592,674
+34,932
| +2% | +$897K |
|
1718
Telephone and Data Systems
TDS
$3.75B
| $44.6M | ﹤0.01% |
4,245,492
-12,797,505
| -75% | -$149M |
|
1719
indie Semiconductor
INDI
$854M
| $44.6M | ﹤0.01% |
4,227,347
-135,502
| -3% | -$1.21M |
|
1720
CareDx
CDNA
$2.42B
| $44.6M | ﹤0.01% |
4,878,036
-869,208
| -15% | -$11.1M |
|
1721
Helios Technologies
HLIO
$2.76B
| $44.6M | ﹤0.01% |
681,450
+22,638
| +3% | +$1.47M |
|
1722
Empire State Realty Trust
ESRT
$836M
| $44.6M | ﹤0.01% |
6,865,574
-129,497
| -2% | -$949K |
|
1723
ICF International
ICFI
$1.72B
| $44.6M | ﹤0.01% |
405,658
+13,279
| +3% | +$1.38M |
|
1724
Encore Capital Group
ECPG
$2.13B
| $44.5M | ﹤0.01% |
882,999
-14,225
| -2% | -$744K |
|
1725
National Beverage
FIZZ
$3.01B
| $44.5M | ﹤0.01% |
843,252
-4,430
| -0.5% | -$206K |
|
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.