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 | |
|---|---|---|---|---|---|---|
1851
Bumble
BMBL
$373M
| $38.2M | ﹤0.01% |
2,589,252
+105,931
| +4% | +$1.5M |
|
1852
QuantumScape Corp
QS
$3.74B
| $38.1M | ﹤0.01% |
5,484,937
+810,512
| +17% | +$5.11M |
|
1853
Quanex
NX
$1.01B
| $38.1M | ﹤0.01% |
1,246,257
+48,509
| +4% | +$1.43M |
|
1854
iShares 20+ Year Treasury Bond ETF
TLT
$41.7B
| $38.1M | ﹤0.01% |
385,278
+34,059
| +10% | +$3.08M |
|
1855
Hain Celestial
HAIN
$53.7M
| $38.1M | ﹤0.01% |
3,477,021
+116,571
| +3% | +$1.26M |
|
1856
Mercury Insurance
MCY
$6.07B
| $38.1M | ﹤0.01% |
1,019,940
+20,380
| +2% | +$707K |
|
1857
Stock Yards Bancorp
SYBT
$2.6B
| $37.9M | ﹤0.01% |
735,353
+19,388
| +3% | +$862K |
|
|
PRMW
1858
DELISTED
Primo Water Corporation
PRMW
| $37.8M | ﹤0.01% |
2,513,955
+61,640
| +3% | +$880K |
|
1859
ProPetro Holding
PUMP
$1.35B
| $37.8M | ﹤0.01% |
4,509,929
-8,704
| -0.2% | -$82.1K |
|
1860
Vicor
VICR
$10.2B
| $37.5M | ﹤0.01% |
834,707
+96,134
| +13% | +$4.24M |
|
|
RPT
1861
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $37.3M | ﹤0.01% |
2,907,512
-2,546,956
| -47% | -$29M |
|
1862
Enovix
ENVX
$1.03B
| $37.3M | ﹤0.01% |
3,402,973
+206,956
| +6% | +$2.03M |
|
1863
Tronox
TROX
$1.04B
| $37.1M | ﹤0.01% |
2,618,930
+94,562
| +4% | +$1.16M |
|
1864
TriCo Bancshares
TCBK
$1.83B
| $36.9M | ﹤0.01% |
857,978
+19,517
| +2% | +$700K |
|
1865
Ichor Holdings
ICHR
$2.56B
| $36.9M | ﹤0.01% |
1,095,994
+40,579
| +4% | +$1.12M |
|
1866
Appian
APPN
$2.48B
| $36.5M | ﹤0.01% |
969,402
+78,371
| +9% | +$3.06M |
|
1867
Cytek Biosciences
CTKB
$546M
| $36.5M | ﹤0.01% |
3,997,769
+220,226
| +6% | +$1.39M |
|
1868
Digi International
DGII
$3.1B
| $36.4M | ﹤0.01% |
1,399,824
+127,829
| +10% | +$3.17M |
|
1869
John B. Sanfilippo & Son
JBSS
$972M
| $36.4M | ﹤0.01% |
353,167
+11,795
| +3% | +$1.16M |
|
|
UHT
1870
Universal Health Realty Income Trust
UHT
$594M
| $36.3M | ﹤0.01% |
838,629
+19,026
| +2% | +$776K |
|
1871
Alphatec Holdings
ATEC
$1.44B
| $36.3M | ﹤0.01% |
2,400,425
+351,429
| +17% | +$4.2M |
|
1872
JELD-WEN Holding
JELD
$164M
| $36.2M | ﹤0.01% |
1,918,465
+70,775
| +4% | +$1.05M |
|
|
RAPT
1873
DELISTED
RAPT Therapeutics
RAPT
| $36.1M | ﹤0.01% |
181,820
+6,007
| +3% | +$744K |
|
1874
Core Laboratories
CLB
$521M
| $36.1M | ﹤0.01% |
2,041,533
-36,791
| -2% | -$741K |
|
1875
MiMedx Group
MDXG
$633M
| $35.9M | ﹤0.01% |
4,088,962
-40,377
| -1% | -$296K |
|
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.