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 | |
|---|---|---|---|---|---|---|
2301
Driven Brands
DRVN
$2.2B
| $14.5M | ﹤0.01% |
1,014,134
+56,882
| +6% | +$709K |
|
2302
Ennis
EBF
$564M
| $14.5M | ﹤0.01% |
659,921
+12,792
| +2% | +$276K |
|
2303
NovaGold Resources
NG
$3.33B
| $14.4M | ﹤0.01% |
3,848,557
+187,827
| +5% | +$705K |
|
2304
Ryanair
RYAAY
$31.3B
| $14.4M | ﹤0.01% |
269,743
+4,728
| +2% | +$208K |
|
2305
Liquidity Services
LQDT
$1.31B
| $14.4M | ﹤0.01% |
836,025
-703
| -0.1% | -$13.4K |
|
|
BELFB
2306
Bel Fuse Inc Class B
BELFB
$4.21B
| $14.4M | ﹤0.01% |
215,467
+17,731
| +9% | +$950K |
|
2307
Blue Bird Corp
BLBD
$2.18B
| $14.4M | ﹤0.01% |
533,433
+142,802
| +37% | +$2.94M |
|
2308
Titan Machinery
TITN
$445M
| $14.4M | ﹤0.01% |
497,950
+62,479
| +14% | +$1.62M |
|
|
AY
2309
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $14.3M | ﹤0.01% |
666,459
+190,904
| +40% | +$3.63M |
|
2310
NVE Corp
NVEC
$609M
| $14.3M | ﹤0.01% |
182,226
-19,756
| -10% | -$1.46M |
|
|
EB
2311
DELISTED
Eventbrite
EB
| $14.3M | ﹤0.01% |
1,708,484
+56,838
| +3% | +$460K |
|
|
VMEO
2312
DELISTED
Vimeo
VMEO
| $14.2M | ﹤0.01% |
3,631,218
-1,724,964
| -32% | -$6.16M |
|
|
FFIC
2313
DELISTED
Flushing Financial
FFIC
| $14.2M | ﹤0.01% |
860,340
-24,791
| -3% | -$346K |
|
2314
Cass Information Systems
CASS
$743M
| $14.2M | ﹤0.01% |
314,667
+17,136
| +6% | +$693K |
|
2315
Hackett Group
HCKT
$287M
| $14.1M | ﹤0.01% |
618,296
+25,073
| +4% | +$568K |
|
2316
Opko Health
OPK
$1.02B
| $14.1M | ﹤0.01% |
9,306,684
-31,744
| -0.3% | -$45.9K |
|
|
FPI
2317
Farmland Partners
FPI
$432M
| $14M | ﹤0.01% |
1,101,241
+306
| +0% | +$3.54K |
|
|
CMRC
2318
Commerce.com Inc Series 1
CMRC
$184M
| $14M | ﹤0.01% |
1,436,200
+43,616
| +3% | +$406K |
|
2319
BioNTech
BNTX
$23.5B
| $14M | ﹤0.01% |
132,203
+3,780
| +3% | +$381K |
|
2320
Peapack-Gladstone Financial
PGC
$812M
| $13.9M | ﹤0.01% |
466,905
+32,688
| +8% | +$850K |
|
2321
FLEX LNG
FLNG
$1.67B
| $13.9M | ﹤0.01% |
478,712
+48,272
| +11% | +$1.45M |
|
2322
ChargePoint
CHPT
$161M
| $13.9M | ﹤0.01% |
296,709
+64,345
| +28% | +$3.6M |
|
2323
Accel Entertainment
ACEL
$987M
| $13.8M | ﹤0.01% |
1,345,672
+115,219
| +9% | +$1.19M |
|
|
FNA
2324
DELISTED
Paragon 28, Inc.
FNA
| $13.8M | ﹤0.01% |
1,111,398
-129,453
| -10% | -$1.37M |
|
2325
Conduent
CNDT
$264M
| $13.8M | ﹤0.01% |
3,780,776
+105,029
| +3% | +$332K |
|
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.