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 | |
|---|---|---|---|---|---|---|
201
Chipotle Mexican Grill
CMG
$47.2B
| $1.78B | 0.1% |
52,148,450
+267,900
| +0.5% | +$8.42M |
|
202
Trane Technologies
TT
$100B
| $1.77B | 0.1% |
9,622,363
-76,960
| -0.8% | -$14M |
|
203
MSCI
MSCI
$41.6B
| $1.76B | 0.1% |
3,145,212
-161,580
| -5% | -$85.5M |
|
204
Aflac
AFL
$64.9B
| $1.76B | 0.1% |
27,279,532
-2,354,820
| -8% | -$161M |
|
205
WEC Energy
WEC
$35.7B
| $1.74B | 0.1% |
18,391,234
-533,322
| -3% | -$49.4M |
|
206
Cintas
CTAS
$81.9B
| $1.74B | 0.1% |
15,070,556
-160,248
| -1% | -$17.7M |
|
207
FirstEnergy
FE
$28B
| $1.72B | 0.1% |
43,020,151
-1,070,874
| -2% | -$43.3M |
|
208
AvalonBay Communities
AVB
$26.5B
| $1.71B | 0.1% |
10,087,597
+531,677
| +6% | +$90.7M |
|
209
Johnson Controls International
JCI
$88.8B
| $1.71B | 0.1% |
28,168,272
-85,911
| -0.3% | -$5.5M |
|
210
L3Harris
LHX
$51.6B
| $1.71B | 0.1% |
8,691,190
+339,806
| +4% | +$69.5M |
|
211
MetLife
MET
$61.9B
| $1.69B | 0.1% |
29,244,306
-2,202,787
| -7% | -$149M |
|
212
Fortinet
FTNT
$119B
| $1.69B | 0.1% |
25,395,593
+527,129
| +2% | +$30M |
|
213
Arista Networks
ANET
$227B
| $1.68B | 0.09% |
39,967,692
+1,252,144
| +3% | +$43M |
|
214
Marriott International
MAR
$98.3B
| $1.67B | 0.09% |
10,087,482
-93,501
| -0.9% | -$15.6M |
|
215
Kroger
KR
$35.4B
| $1.66B | 0.09% |
33,653,551
-731,941
| -2% | -$33.5M |
|
216
Arthur J. Gallagher & Co
AJG
$64.1B
| $1.66B | 0.09% |
8,678,131
-385,241
| -4% | -$73.1M |
|
217
Warner Bros
WBD
$65.9B
| $1.66B | 0.09% |
109,844,866
+2,403,255
| +2% | +$34.2M |
|
218
IQVIA
IQV
$38.7B
| $1.64B | 0.09% |
8,244,423
-312,185
| -4% | -$66.7M |
|
219
T. Rowe Price
TROW
$23.9B
| $1.64B | 0.09% |
14,515,406
-414,520
| -3% | -$47.4M |
|
220
American Water Works
AWK
$26.7B
| $1.59B | 0.09% |
10,857,195
+423,764
| +4% | +$62.8M |
|
221
American International
AIG
$41.7B
| $1.58B | 0.09% |
31,448,879
-1,749,671
| -5% | -$102M |
|
222
Diamondback Energy
FANG
$57.1B
| $1.58B | 0.09% |
11,656,848
+112,297
| +1% | +$15.6M |
|
223
PACCAR
PCAR
$69.8B
| $1.56B | 0.09% |
21,345,321
-141,276
| -0.7% | -$10.1M |
|
224
Electronic Arts
EA
$53B
| $1.56B | 0.09% |
12,912,701
+272,146
| +2% | +$32M |
|
225
Constellation Brands
STZ
$22.2B
| $1.56B | 0.09% |
6,884,060
-148,305
| -2% | -$33M |
|
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.