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 |
Tesla
TSLA
|
+$1.2B |
| 2 |
PG&E
PCG
|
+$552M |
| 3 |
Microsoft
MSFT
|
+$515M |
| 4 |
CoStar Group
CSGP
|
+$464M |
| 5 |
EQT Corp
EQT
|
+$450M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Chevron
CVX
|
+$1.17B |
| 2 |
Apple
AAPL
|
+$1.04B |
| 3 |
Home Depot
HD
|
+$656M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$544M |
| 5 |
ACC
American Campus Communities, Inc.
ACC
|
+$489M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.85% |
| 2 | Healthcare | 15.1% |
| 3 | Financials | 13.3% |
| 4 | Consumer Discretionary | 10.07% |
| 5 | Industrials | 9.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Constellation Brands
STZ
$22.7B
| $1.58B | 0.1% |
6,862,116
-51,456
| -0.7% | -$12.5M |
|
202
Constellation Energy
CEG
$92.9B
| $1.57B | 0.1% |
18,818,451
+282,358
| +2% | +$20.8M |
|
203
IQVIA
IQV
$40.1B
| $1.56B | 0.1% |
8,612,408
-9,688
| -0.1% | -$2.12M |
|
204
Arthur J. Gallagher & Co
AJG
$67.4B
| $1.56B | 0.1% |
9,088,297
+12,117
| +0.1% | +$2.15M |
|
205
Allstate
ALL
$69.4B
| $1.55B | 0.1% |
12,363,707
-322,980
| -3% | -$40.1M |
|
206
Kroger
KR
$36.8B
| $1.55B | 0.1% |
35,431,707
-591,231
| -2% | -$28.1M |
|
207
Extra Space Storage
EXR
$32.1B
| $1.52B | 0.1% |
8,822,068
-140,199
| -2% | -$26.5M |
|
208
Prudential Financial
PRU
$43.2B
| $1.52B | 0.1% |
17,723,345
+5,473
| +0% | +$527K |
|
209
Roper Technologies
ROP
$39.5B
| $1.51B | 0.1% |
4,198,011
+59,753
| +1% | +$24.3M |
|
210
Marriott International
MAR
$100B
| $1.51B | 0.1% |
10,763,120
+51,077
| +0.5% | +$7.8M |
|
211
T. Rowe Price
TROW
$26.1B
| $1.5B | 0.09% |
14,270,631
+1,458,948
| +11% | +$174M |
|
212
Paychex
PAYX
$42.5B
| $1.49B | 0.09% |
13,277,354
+107,263
| +0.8% | +$13.3M |
|
213
Nucor
NUE
$59.8B
| $1.48B | 0.09% |
13,752,582
-344,051
| -2% | -$43.2M |
|
214
Monster Beverage
MNST
$96.6B
| $1.47B | 0.09% |
33,895,262
+549,222
| +2% | +$25.3M |
|
215
Electronic Arts
EA
$52.4B
| $1.47B | 0.09% |
12,730,059
-405,300
| -3% | -$51.3M |
|
216
NXP Semiconductors
NXPI
$66.7B
| $1.47B | 0.09% |
9,891,666
+121,988
| +1% | +$20.4M |
|
217
Halliburton
HAL
$26.3B
| $1.46B | 0.09% |
59,383,523
+1,241,290
| +2% | +$35.5M |
|
218
Cintas
CTAS
$87B
| $1.46B | 0.09% |
15,060,184
-186,140
| -1% | -$19M |
|
219
Enphase Energy
ENPH
$4.79B
| $1.46B | 0.09% |
5,248,306
+107,893
| +2% | +$29.1M |
|
220
Johnson Controls International
JCI
$84.8B
| $1.43B | 0.09% |
28,848,132
-519,189
| -2% | -$27.5M |
|
221
Alexandria Real Estate Equities
ARE
$9.29B
| $1.43B | 0.09% |
10,100,763
-132,568
| -1% | -$20.3M |
|
222
FedEx
FDX
$73.5B
| $1.42B | 0.09% |
9,493,080
+7,648
| +0.1% | +$1.61M |
|
223
SBA Communications
SBAC
$19.1B
| $1.41B | 0.09% |
4,962,012
-47,909
| -1% | -$15.5M |
|
224
ResMed
RMD
$30.3B
| $1.41B | 0.09% |
6,456,315
+30,824
| +0.5% | +$7.02M |
|
225
Trane Technologies
TT
$103B
| $1.41B | 0.09% |
9,710,377
-72,837
| -0.7% | -$10.9M |
|
Similar funds
State Street's Q3 2022 Portfolio in Review
As of Q3 2022, State Street held 5,035 positions worth $1.58T, down 5.3% from $1.67T the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Trading was light in Q3 2022: portfolio turnover was 3.7%. State Street opened 87 new positions and exited 100, leaving the 5,035-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q3 2022 buy was Haleon: 8,328,997 shares worth $50.7M.
- State Street added most to Tesla in Q3 2022, an estimated $1.2B increase.
- State Street's biggest Q3 2022 reduction was Chevron, cutting an estimated $1.17B.
- State Street fully exited American Campus Communities, Inc. in Q3 2022, selling an estimated $489M.
- State Street's ten largest holdings make up 21% of its $1.58T portfolio in Q3 2022.
- State Street opened 87 new positions and closed 100 in Q3 2022.
- State Street's portfolio value fell 5.3% quarter-over-quarter to $1.58T.
Based on State Street's 13F filing for Q3 2022, filed 15 Nov 2022.