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 | |
|---|---|---|---|---|---|---|
1726
Regenxbio
RGNX
$708M
| $47.2M | ﹤0.01% |
2,631,220
+127,739
| +5% | +$2.25M |
|
1727
Wipro
WIT
$20B
| $47.2M | ﹤0.01% |
16,957,240
+521,612
| +3% | +$1.27M |
|
1728
MannKind Corp
MNKD
$1.32B
| $47.1M | ﹤0.01% |
12,940,395
+723,794
| +6% | +$2.76M |
|
1729
Eagle Bancorp
EGBN
$845M
| $47.1M | ﹤0.01% |
1,562,472
+58,027
| +4% | +$1.37M |
|
1730
Huron Consulting
HURN
$2.42B
| $47.1M | ﹤0.01% |
457,818
+15,664
| +4% | +$1.61M |
|
1731
Phinia Inc
PHIN
$2.74B
| $47M | ﹤0.01% |
1,552,894
+29,102
| +2% | +$780K |
|
|
INN
1732
Summit Hotel Properties
INN
$700M
| $47M | ﹤0.01% |
6,989,070
-30,571
| -0.4% | -$188K |
|
1733
DNOW Inc
DNOW
$2.99B
| $46.9M | ﹤0.01% |
4,138,991
+91,096
| +2% | +$998K |
|
1734
PagSeguro Digital
PAGS
$2.55B
| $46.8M | ﹤0.01% |
3,753,652
+231,000
| +7% | +$2.12M |
|
1735
Enterprise Financial Services Corp
EFSC
$2.39B
| $46.8M | ﹤0.01% |
1,048,234
+27,294
| +3% | +$1.07M |
|
1736
TPG
TPG
$7.86B
| $46.7M | ﹤0.01% |
1,082,889
+30,919
| +3% | +$1.04M |
|
1737
Canadian National Railway
CNI
$76.6B
| $46.6M | ﹤0.01% |
370,572
+76,900
| +26% | +$8.71M |
|
1738
Apogee Enterprises
APOG
$908M
| $46.4M | ﹤0.01% |
869,575
+34,449
| +4% | +$1.6M |
|
1739
Asana
ASAN
$2.13B
| $46.4M | ﹤0.01% |
2,443,037
+216,443
| +10% | +$4.21M |
|
1740
Joby Aviation
JOBY
$8.55B
| $46.4M | ﹤0.01% |
6,975,905
+494,412
| +8% | +$3.05M |
|
1741
Grupo Aeroportuario del Sureste
ASR
$8.3B
| $46.4M | ﹤0.01% |
157,622
-3,699
| -2% | -$874K |
|
1742
Middlesex Water
MSEX
$1.1B
| $46.4M | ﹤0.01% |
706,598
+23,493
| +3% | +$1.55M |
|
1743
Sotera Health
SHC
$5.38B
| $46.4M | ﹤0.01% |
2,751,236
+41,449
| +2% | +$587K |
|
1744
Encore Capital Group
ECPG
$2.13B
| $46M | ﹤0.01% |
906,858
+23,127
| +3% | +$1.05M |
|
|
BRKL
1745
DELISTED
Brookline Bancorp
BRKL
| $45.6M | ﹤0.01% |
4,177,388
+110,703
| +3% | +$1.05M |
|
1746
Procept Biorobotics
PRCT
$1.17B
| $45.5M | ﹤0.01% |
1,085,565
+53,854
| +5% | +$1.83M |
|
1747
Zillow
ZG
$7.63B
| $45.4M | ﹤0.01% |
800,196
+27,316
| +4% | +$1.17M |
|
1748
Transocean
RIG
$5.82B
| $45.4M | ﹤0.01% |
7,145,475
+178,686
| +3% | +$1.2M |
|
|
PDM
1749
Piedmont Realty Trust
PDM
$1.19B
| $45.2M | ﹤0.01% |
6,255,885
+113,523
| +2% | +$685K |
|
1750
LeMaitre Vascular
LMAT
$1.86B
| $45.2M | ﹤0.01% |
796,687
+14,742
| +2% | +$772K |
|
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.