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 |
Amgen
AMGN
|
+$1.24B |
| 2 |
Salesforce
CRM
|
+$1.15B |
| 3 |
Honeywell
HON
|
+$865M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$728M |
| 5 |
Match Group
MTCH
|
+$498M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$3.99B |
| 2 |
3M
MMM
|
+$1.79B |
| 3 |
Microsoft
MSFT
|
+$1.17B |
| 4 |
American Tower
AMT
|
+$429M |
| 5 |
Johnson & Johnson
JNJ
|
+$422M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.34% |
| 2 | Healthcare | 14.17% |
| 3 | Financials | 12.16% |
| 4 | Consumer Discretionary | 11.74% |
| 5 | Industrials | 9.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Kinder Morgan
KMI
$69.9B
| $1.35B | 0.09% |
109,881,696
-2,001,289
| -2% | -$27.9M |
|
202
Welltower
WELL
$168B
| $1.35B | 0.09% |
24,542,656
-1,897,934
| -7% | -$104M |
|
203
PPG Industries
PPG
$25.3B
| $1.34B | 0.09% |
10,949,546
-437,884
| -4% | -$51.2M |
|
204
MetLife
MET
$62B
| $1.33B | 0.09% |
35,836,620
-715,094
| -2% | -$27.1M |
|
205
Willis Towers Watson
WTW
$31.7B
| $1.32B | 0.09% |
6,297,149
+776,467
| +14% | +$159M |
|
206
Phillips 66
PSX
$82.7B
| $1.32B | 0.09% |
25,436,492
+9,847
| +0% | +$601K |
|
207
Cadence Design Systems
CDNS
$92.6B
| $1.32B | 0.09% |
12,340,293
-46,884
| -0.4% | -$4.93M |
|
208
Cintas
CTAS
$81.6B
| $1.3B | 0.09% |
15,662,584
-204,880
| -1% | -$15.8M |
|
209
IQVIA
IQV
$38.4B
| $1.3B | 0.09% |
8,265,984
+157,447
| +2% | +$24.7M |
|
210
Williams Companies
WMB
$86.1B
| $1.3B | 0.09% |
66,286,431
-2,247,554
| -3% | -$45.8M |
|
211
PACCAR
PCAR
$69.5B
| $1.3B | 0.09% |
22,802,181
+592,671
| +3% | +$33.2M |
|
212
Hormel Foods
HRL
$13.9B
| $1.29B | 0.09% |
26,311,343
+106,165
| +0.4% | +$5.33M |
|
213
Verisk Analytics
VRSK
$25.1B
| $1.29B | 0.09% |
6,938,396
+30,793
| +0.4% | +$5.64M |
|
214
MSCI
MSCI
$41.8B
| $1.28B | 0.09% |
3,598,699
-85,539
| -2% | -$31.1M |
|
215
KLA
KLAC
$239B
| $1.28B | 0.09% |
66,078,710
-660,700
| -1% | -$13.1M |
|
216
AvalonBay Communities
AVB
$27B
| $1.28B | 0.09% |
8,468,970
-543,326
| -6% | -$83.1M |
|
|
ALXN
217
DELISTED
Alexion Pharmaceuticals
ALXN
| $1.27B | 0.09% |
11,139,445
+66,854
| +0.6% | +$7.21M |
|
218
HP
HPQ
$24.8B
| $1.27B | 0.09% |
66,278,474
-1,866,556
| -3% | -$34.1M |
|
219
Best Buy
BBY
$18B
| $1.27B | 0.09% |
11,332,159
+98,620
| +0.9% | +$10.1M |
|
220
TE Connectivity
TEL
$59.4B
| $1.27B | 0.09% |
12,961,779
-89,102
| -0.7% | -$8.2M |
|
221
VF Corp
VFC
$5.87B
| $1.26B | 0.09% |
17,923,058
-98,462
| -0.5% | -$6.36M |
|
222
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.9B
| $1.25B | 0.09% |
11,952,029
+2,840,073
| +31% | +$297M |
|
223
McCormick & Company Non-Voting
MKC
$13.9B
| $1.24B | 0.08% |
12,756,164
-404,722
| -3% | -$39.6M |
|
224
AutoZone
AZO
$48.8B
| $1.24B | 0.08% |
1,049,906
-11,367
| -1% | -$13.4M |
|
225
Aflac
AFL
$64.5B
| $1.23B | 0.08% |
33,964,417
-1,734,402
| -5% | -$63.2M |
|
Similar funds
State Street's Q3 2020 Portfolio in Review
As of Q3 2020, State Street held 3,918 positions worth $1.46T, up 6.5% from $1.38T the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Trading was light in Q3 2020: portfolio turnover was 4.9%. State Street opened 106 new positions and exited 86, leaving the 3,918-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2020 buy was Match Group: 4,705,833 shares worth $521M.
- State Street added most to Amgen in Q3 2020, an estimated $1.24B increase.
- State Street's biggest Q3 2020 reduction was Apple, cutting an estimated $3.99B.
- State Street fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $167M.
- State Street's ten largest holdings make up 22% of its $1.46T portfolio in Q3 2020.
- State Street opened 106 new positions and closed 86 in Q3 2020.
- State Street's portfolio value rose 6.5% quarter-over-quarter to $1.46T.
Based on State Street's 13F filing for Q3 2020, filed 10 Nov 2020.