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 | |
|---|---|---|---|---|---|---|
1701
Worthington Steel
WS
$1.95B
| $50M | ﹤0.01% |
+1,779,095
| New | +$48.8M |
|
1702
UFP Technologies
UFPT
$2.43B
| $50M | ﹤0.01% |
290,558
+1,510
| +0.5% | +$245K |
|
|
AHRT
1703
AH Realty Trust
AHRT
$517M
| $50M | ﹤0.01% |
3,977,291
+130,113
| +3% | +$1.43M |
|
|
PGRE
1704
DELISTED
Paramount Group
PGRE
| $49.6M | ﹤0.01% |
9,539,848
+174,979
| +2% | +$830K |
|
1705
The GEO Group
GEO
$4.04B
| $49.5M | ﹤0.01% |
4,567,074
+104,507
| +2% | +$998K |
|
1706
National Healthcare
NHC
$3.38B
| $49.4M | ﹤0.01% |
531,019
+205,955
| +63% | +$15.8M |
|
1707
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $49.4M | ﹤0.01% |
1,930,952
-127,579
| -6% | -$3.19M |
|
|
DAWN
1708
DELISTED
Day One Biopharmaceuticals
DAWN
| $49.3M | ﹤0.01% |
3,380,098
+444,179
| +15% | +$5.38M |
|
|
TWO
1709
Two Harbors Investment
TWO
$1.27B
| $49.2M | ﹤0.01% |
3,535,286
-39,639
| -1% | -$512K |
|
|
DISH
1710
DELISTED
DISH Network Corp.
DISH
| $49.1M | ﹤0.01% |
8,508,894
+333,095
| +4% | +$1.49M |
|
1711
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $49M | ﹤0.01% |
1,302,722
+345,658
| +36% | +$12M |
|
1712
DigitalOcean
DOCN
$14.6B
| $49M | ﹤0.01% |
1,335,023
+22,578
| +2% | +$625K |
|
1713
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $48.9M | ﹤0.01% |
547,440
-1,199,486
| -69% | -$99.3M |
|
1714
Arvinas
ARVN
$572M
| $48.8M | ﹤0.01% |
1,186,474
+27,022
| +2% | +$632K |
|
1715
CRH
CRH
$66.8B
| $48.5M | ﹤0.01% |
691,612
+302,633
| +78% | +$18.3M |
|
1716
Marten Transport
MRTN
$1.22B
| $48.4M | ﹤0.01% |
2,305,073
+120,693
| +6% | +$2.3M |
|
1717
Kymera Therapeutics
KYMR
$8.94B
| $48.2M | ﹤0.01% |
1,894,279
-91,607
| -5% | -$1.64M |
|
1718
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $48.2M | ﹤0.01% |
668,609
+512,987
| +330% | +$35.5M |
|
1719
Travere Therapeutics
TVTX
$5.78B
| $48.1M | ﹤0.01% |
5,352,345
+957,088
| +22% | +$6.97M |
|
1720
Cohen & Steers
CNS
$4.3B
| $48M | ﹤0.01% |
634,180
-5,322
| -0.8% | -$320K |
|
1721
Fastly Inc
FSLY
$3.66B
| $47.9M | ﹤0.01% |
2,693,110
+71,438
| +3% | +$1.21M |
|
1722
Under Armour Class C
UA
$2.53B
| $47.8M | ﹤0.01% |
5,729,904
+36,540
| +0.6% | +$264K |
|
1723
Ligand Pharmaceuticals
LGND
$6.36B
| $47.7M | ﹤0.01% |
668,284
+45,029
| +7% | +$2.66M |
|
1724
Embecta
EMBC
$262M
| $47.6M | ﹤0.01% |
2,516,911
+41,129
| +2% | +$675K |
|
1725
ImmunityBio
IBRX
$8.1B
| $47.5M | ﹤0.01% |
9,470,909
+6,751,317
| +248% | +$21.2M |
|
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.