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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Acushnet Holdings
GOLF
$6.07B
| $28.6M | ﹤0.01% |
674,607
-17,758
| -3% | -$800K |
|
|
AVDX
1977
DELISTED
AvidXchange
AVDX
| $28.6M | ﹤0.01% |
2,875,185
+24,336
| +0.9% | +$211K |
|
1978
nCino
NCNO
$2.1B
| $28.6M | ﹤0.01% |
1,080,441
+35,722
| +3% | +$1.01M |
|
1979
Flywire
FLYW
$2.08B
| $28.5M | ﹤0.01% |
1,165,472
-41,566
| -3% | -$896K |
|
1980
Standard Motor Products
SMP
$893M
| $28.4M | ﹤0.01% |
816,997
+32,369
| +4% | +$1.18M |
|
|
RDUS
1981
DELISTED
Radius Recycling
RDUS
| $28.4M | ﹤0.01% |
927,426
-319,918
| -26% | -$9.88M |
|
1982
Magnite
MGNI
$2.93B
| $28.4M | ﹤0.01% |
2,681,770
-53,783
| -2% | -$491K |
|
1983
MarineMax
HZO
$792M
| $28.3M | ﹤0.01% |
907,425
+94,074
| +12% | +$2.96M |
|
|
RYZ
1984
Ryerson Holding Corp
RYZ
$1.36B
| $28.3M | ﹤0.01% |
934,331
-304,642
| -25% | -$9.04M |
|
1985
Karyopharm Therapeutics
KPTI
$45.3M
| $28.2M | ﹤0.01% |
552,469
-48,220
| -8% | -$3.34M |
|
1986
Roivant Sciences
ROIV
$24.8B
| $28M | ﹤0.01% |
3,507,042
+2,601,911
| +287% | +$14.5M |
|
|
EGRX
1987
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $27.8M | ﹤0.01% |
952,026
-59,721
| -6% | -$1.9M |
|
1988
Quanex
NX
$948M
| $27.8M | ﹤0.01% |
1,174,949
-54,988
| -4% | -$1.24M |
|
1989
Reynolds Consumer Products
REYN
$5.46B
| $27.8M | ﹤0.01% |
927,211
+57,186
| +7% | +$1.72M |
|
1990
LivePerson
LPSN
$26.6M
| $27.7M | ﹤0.01% |
182,088
+2,899
| +2% | +$464K |
|
|
HOUS
1991
DELISTED
Anywhere Real Estate
HOUS
| $27.7M | ﹤0.01% |
4,334,180
+75,865
| +2% | +$548K |
|
1992
AngioDynamics
ANGO
$620M
| $27.7M | ﹤0.01% |
2,009,712
+504,149
| +33% | +$7.01M |
|
1993
Vanda Pharmaceuticals
VNDA
$319M
| $27.5M | ﹤0.01% |
3,727,798
+42,447
| +1% | +$413K |
|
1994
Nurix Therapeutics
NRIX
$2.54B
| $27.5M | ﹤0.01% |
2,507,987
+195,763
| +8% | +$2.36M |
|
1995
Compañía de Minas Buenaventura
BVN
$8.07B
| $27.5M | ﹤0.01% |
3,691,137
-52,353
| -1% | -$388K |
|
1996
Liberty Latin America Class C
LILAK
$1.65B
| $27.5M | ﹤0.01% |
3,978,204
-33,356
| -0.8% | -$228K |
|
1997
4D Molecular Therapeutics
FDMT
$535M
| $27.4M | ﹤0.01% |
1,235,158
+557,982
| +82% | +$8.62M |
|
1998
Stem
STEM
$52.8M
| $27.3M | ﹤0.01% |
152,953
+960
| +0.6% | +$231K |
|
1999
Marcus & Millichap
MMI
$1.17B
| $27.3M | ﹤0.01% |
793,472
-42,960
| -5% | -$1.52M |
|
|
LADR
2000
Ladder Capital
LADR
$1.22B
| $27.3M | ﹤0.01% |
2,662,429
+22,655
| +0.9% | +$235K |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.