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 | |
|---|---|---|---|---|---|---|
|
ESMT
1976
DELISTED
EngageSmart, Inc.
ESMT
| $29.4M | ﹤0.01% |
1,283,453
+105,937
| +9% | +$2.35M |
|
|
ZUO
1977
DELISTED
Zuora, Inc.
ZUO
| $29.4M | ﹤0.01% |
3,125,448
+243,040
| +8% | +$2.01M |
|
|
ADAM
1978
Adamas Trust
ADAM
$883M
| $29.4M | ﹤0.01% |
3,365,065
-98,784
| -3% | -$832K |
|
1979
Caribou Biosciences
CRBU
$164M
| $29.3M | ﹤0.01% |
5,119,666
-233,723
| -4% | -$1.16M |
|
|
ECHO
1980
EchoStar
ECHO
$26.2B
| $29.2M | ﹤0.01% |
1,759,816
+935,493
| +113% | +$12.1M |
|
|
UMH
1981
UMH Properties
UMH
$1.36B
| $29.1M | ﹤0.01% |
1,901,625
+145,614
| +8% | +$2.1M |
|
1982
Nelnet
NNI
$4.7B
| $29.1M | ﹤0.01% |
329,874
-1,348
| -0.4% | -$117K |
|
1983
Ethan Allen Interiors
ETD
$603M
| $28.9M | ﹤0.01% |
906,468
+60,296
| +7% | +$1.73M |
|
1984
Titan International
TWI
$475M
| $28.9M | ﹤0.01% |
1,939,613
+149,382
| +8% | +$1.97M |
|
1985
Claros Mortgage Trust
CMTG
$274M
| $28.8M | ﹤0.01% |
2,074,971
+78,131
| +4% | +$929K |
|
1986
Medifast
MED
$141M
| $28.7M | ﹤0.01% |
427,480
+44,371
| +12% | +$3.09M |
|
1987
Digital Turbine
APPS
$1.74B
| $28.7M | ﹤0.01% |
4,188,746
+424,730
| +11% | +$2.37M |
|
1988
iShares MSCI ACWI ETF
ACWI
$33.5B
| $28.7M | ﹤0.01% |
281,828
-50,439
| -15% | -$4.83M |
|
1989
Shopify
SHOP
$195B
| $28.7M | ﹤0.01% |
368,182
-55,020
| -13% | -$3.51M |
|
|
JAMF
1990
DELISTED
Jamf
JAMF
| $28.7M | ﹤0.01% |
1,586,944
+111,737
| +8% | +$1.89M |
|
1991
Sprinklr
CXM
$1.61B
| $28.5M | ﹤0.01% |
2,365,550
+320,848
| +16% | +$4.4M |
|
1992
RxSight
RXST
$260M
| $28.4M | ﹤0.01% |
703,967
+6
| +0% | +$176 |
|
1993
Krispy Kreme
DNUT
$577M
| $28.3M | ﹤0.01% |
1,878,332
+160,546
| +9% | +$2.12M |
|
1994
Interface
TILE
$2.22B
| $28.1M | ﹤0.01% |
2,225,208
+31,751
| +1% | +$325K |
|
1995
Artivion
AORT
$1.32B
| $28M | ﹤0.01% |
1,565,941
+19,611
| +1% | +$305K |
|
|
CIM
1996
Chimera Investment
CIM
$1B
| $28M | ﹤0.01% |
1,829,343
+33,967
| +2% | +$513K |
|
1997
CEVA Inc
CEVA
$1.08B
| $27.9M | ﹤0.01% |
1,229,274
+76,122
| +7% | +$1.57M |
|
1998
Pitney Bowes
PBI
$2.39B
| $27.9M | ﹤0.01% |
6,343,208
+183,784
| +3% | +$713K |
|
1999
Insteel Industries
IIIN
$625M
| $27.8M | ﹤0.01% |
726,706
+23,317
| +3% | +$771K |
|
|
EDR
2000
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $27.8M | ﹤0.01% |
1,169,532
+83,889
| +8% | +$1.89M |
|
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.