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 |
GE HealthCare
GEHC
|
+$1.24B |
| 2 |
Visa
V
|
+$573M |
| 3 |
Broadcom
AVGO
|
+$478M |
| 4 |
Mastercard
MA
|
+$473M |
| 5 |
Insulet
PODD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.56B |
| 2 |
NVIDIA
NVDA
|
+$1.33B |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.22B |
| 4 |
JPMorgan Chase
JPM
|
+$805M |
| 5 |
ExxonMobil
XOM
|
+$781M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.25% |
| 2 | Healthcare | 14.23% |
| 3 | Financials | 12.39% |
| 4 | Industrials | 10% |
| 5 | Consumer Discretionary | 9.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KKR.PRC
2051
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $25.2M | ﹤0.01% |
397,647
-41,502
| -9% | -$2.69M |
|
2052
HealthStream
HSTM
$840M
| $25.1M | ﹤0.01% |
926,306
+2,722
| +0.3% | +$67.9K |
|
|
PRO
2053
DELISTED
PROS Holdings
PRO
| $25.1M | ﹤0.01% |
915,147
+38,927
| +4% | +$1.01M |
|
2054
Winmark
WINA
$1.32B
| $25.1M | ﹤0.01% |
78,213
+12,323
| +19% | +$3.45M |
|
|
SNBR
2055
DELISTED
Sleep Number
SNBR
| $25M | ﹤0.01% |
823,033
-10,990
| -1% | -$359K |
|
2056
AnaptysBio
ANAB
$1.68B
| $25M | ﹤0.01% |
1,149,947
+48,766
| +4% | +$1.19M |
|
2057
NetEase
NTES
$84.7B
| $25M | ﹤0.01% |
282,632
-494,565
| -64% | -$42.6M |
|
|
RADI
2058
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $25M | ﹤0.01% |
1,704,069
+45,315
| +3% | +$614K |
|
2059
Pitney Bowes
PBI
$2.39B
| $25M | ﹤0.01% |
6,423,065
-31,630
| -0.5% | -$133K |
|
2060
Fulgent Genetics
FLGT
$527M
| $24.9M | ﹤0.01% |
799,081
-6,994
| -0.9% | -$225K |
|
2061
TTEC Holdings
TTEC
$124M
| $24.9M | ﹤0.01% |
659,286
-9,474
| -1% | -$424K |
|
|
ITOS
2062
DELISTED
iTeos Therapeutics
ITOS
| $24.9M | ﹤0.01% |
1,827,391
+90,101
| +5% | +$1.61M |
|
|
BDXB
2063
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
| $24.8M | ﹤0.01% |
499,213
-90,787
| -15% | -$4.49M |
|
2064
Vanguard FTSE Emerging Markets ETF
VWO
$124B
| $24.8M | ﹤0.01% |
613,086
+520
| +0.1% | +$21.2K |
|
2065
Corsair Gaming
CRSR
$1.55B
| $24.8M | ﹤0.01% |
1,349,405
+121,403
| +10% | +$1.97M |
|
|
ETWO
2066
DELISTED
E2open Parent Holdings
ETWO
| $24.8M | ﹤0.01% |
4,253,716
+270,989
| +7% | +$1.64M |
|
2067
American Vanguard Corp
AVD
$68.9M
| $24.7M | ﹤0.01% |
1,129,483
-25,211
| -2% | -$543K |
|
2068
Liberty Broadband Class A
LBRDA
$5.16B
| $24.6M | ﹤0.01% |
300,101
-8,279
| -3% | -$714K |
|
2069
Consensus Cloud Solutions
CCSI
$647M
| $24.5M | ﹤0.01% |
719,198
+50,224
| +8% | +$2.42M |
|
2070
Children's Place
PLCE
$59.8M
| $24.5M | ﹤0.01% |
607,669
+4,470
| +0.7% | +$184K |
|
|
SNCY
2071
DELISTED
Sun Country Airlines
SNCY
| $24.4M | ﹤0.01% |
1,192,518
-153,604
| -11% | -$2.99M |
|
|
TA
2072
DELISTED
TravelCenters of America LLC
TA
| $24.3M | ﹤0.01% |
281,293
-11,784
| -4% | -$774K |
|
2073
Krispy Kreme
DNUT
$577M
| $24.3M | ﹤0.01% |
1,564,349
+24,214
| +2% | +$314K |
|
|
MFA
2074
MFA Financial
MFA
$933M
| $24.2M | ﹤0.01% |
2,361,778
-5,108
| -0.2% | -$54.2K |
|
|
MAXN
2075
DELISTED
Maxeon Solar Technologies
MAXN
| $24.1M | ﹤0.01% |
9,099
+236
| +3% | +$503K |
|
Similar funds
State Street's Q1 2023 Portfolio in Review
As of Q1 2023, State Street held 4,931 positions worth $1.77T, up 4.1% from $1.7T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q1 2023: portfolio turnover was 4.4%. State Street opened 79 new positions and exited 140, leaving the 4,931-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 23% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q1 2023 buy was GE HealthCare: 17,420,218 shares worth $1.43B.
- State Street added most to Visa in Q1 2023, an estimated $573M increase.
- State Street's biggest Q1 2023 reduction was Apple, cutting an estimated $1.56B.
- State Street fully exited SVB Financial Group in Q1 2023, selling an estimated $709M.
- State Street's ten largest holdings make up 21% of its $1.77T portfolio in Q1 2023.
- State Street opened 79 new positions and closed 140 in Q1 2023.
- State Street's portfolio value rose 4.1% quarter-over-quarter to $1.77T.
Based on State Street's 13F filing for Q1 2023, filed 15 May 2023.