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 | |
|---|---|---|---|---|---|---|
2051
Intapp
INTA
$2.91B
| $25.5M | ﹤0.01% |
669,795
+160,853
| +32% | +$5.92M |
|
2052
OneSpaWorld
OSW
$2.66B
| $25.5M | ﹤0.01% |
1,805,129
+305,935
| +20% | +$3.56M |
|
2053
Compass Diversified
CODI
$828M
| $25.4M | ﹤0.01% |
1,131,122
+50,571
| +5% | +$991K |
|
|
DHC
2054
Diversified Healthcare Trust
DHC
$2.14B
| $25.4M | ﹤0.01% |
6,787,002
+172,366
| +3% | +$405K |
|
2055
Compass
COMP
$9.66B
| $25.4M | ﹤0.01% |
6,748,548
+241,373
| +4% | +$596K |
|
|
MODN
2056
DELISTED
MODEL N, INC.
MODN
| $25.3M | ﹤0.01% |
939,581
+85,415
| +10% | +$2.06M |
|
2057
Columbus McKinnon
CMCO
$584M
| $25.2M | ﹤0.01% |
644,695
+31,244
| +5% | +$1.1M |
|
2058
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $25.1M | ﹤0.01% |
297,166
-6,832
| -2% | -$483K |
|
|
NEE.PRR
2059
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $25.1M | ﹤0.01% |
658,444
-226,000
| -26% | -$8.34M |
|
2060
Janus International
JBI
$757M
| $25.1M | ﹤0.01% |
1,922,792
+165,557
| +9% | +$1.76M |
|
2061
Energy Recovery
ERII
$443M
| $25M | ﹤0.01% |
1,327,216
+109,679
| +9% | +$2.04M |
|
|
EVBG
2062
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $25M | ﹤0.01% |
1,027,603
+69,653
| +7% | +$1.5M |
|
2063
QuinStreet
QNST
$1.21B
| $25M | ﹤0.01% |
1,948,125
+93,740
| +5% | +$1.06M |
|
|
RDFN
2064
DELISTED
Redfin
RDFN
| $24.9M | ﹤0.01% |
2,416,851
+8,136
| +0.3% | +$56.7K |
|
2065
Alector
ALEC
$199M
| $24.9M | ﹤0.01% |
3,117,529
+280,822
| +10% | +$1.66M |
|
|
ATSG
2066
DELISTED
Air Transport Services Group
ATSG
| $24.7M | ﹤0.01% |
1,403,164
+36,134
| +3% | +$642K |
|
2067
Gogo Inc
GOGO
$493M
| $24.7M | ﹤0.01% |
2,436,641
+141,710
| +6% | +$1.5M |
|
2068
Malibu Boats
MBUU
$567M
| $24.6M | ﹤0.01% |
449,044
+18,563
| +4% | +$890K |
|
2069
Chewy
CHWY
$9.63B
| $24.6M | ﹤0.01% |
1,041,691
-439,844
| -30% | -$8.67M |
|
|
NWLI
2070
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $24.6M | ﹤0.01% |
50,859
+425
| +0.8% | +$202K |
|
2071
Samsara
IOT
$23.8B
| $24.4M | ﹤0.01% |
731,800
+55,036
| +8% | +$1.53M |
|
2072
Cogent Biosciences
COGT
$7.24B
| $24.4M | ﹤0.01% |
4,150,615
+1,182,980
| +40% | +$9.07M |
|
|
PFC
2073
DELISTED
Premier Financial Corp. Common Stock
PFC
| $24.4M | ﹤0.01% |
1,011,961
+34,973
| +4% | +$691K |
|
2074
Dream Finders Homes
DFH
$1.36B
| $24.4M | ﹤0.01% |
685,760
+72,545
| +12% | +$1.8M |
|
2075
Aurinia Pharmaceuticals
AUPH
$2.11B
| $24.3M | ﹤0.01% |
2,704,382
+104,847
| +4% | +$863K |
|
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.