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 |
Prologis
PLD
|
+$1.25B |
| 2 |
Amazon
AMZN
|
+$634M |
| 3 |
Home Depot
HD
|
+$615M |
| 4 |
Targa Resources
TRGP
|
+$472M |
| 5 |
Arch Capital
ACGL
|
+$413M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TWTR
Twitter, Inc.
TWTR
|
+$1.3B |
| 2 |
DRE
Duke Realty Corp.
DRE
|
+$1.19B |
| 3 |
ExxonMobil
XOM
|
+$742M |
| 4 |
Apple
AAPL
|
+$670M |
| 5 |
CTXS
Citrix Systems Inc
CTXS
|
+$538M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.9% |
| 2 | Healthcare | 15.7% |
| 3 | Financials | 13.8% |
| 4 | Industrials | 10.25% |
| 5 | Consumer Discretionary | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2426
Bank of Marin Bancorp
BMRC
$478M
| $13M | ﹤0.01% |
394,616
+4,283
| +1% | +$144K |
|
2427
RE/MAX Holdings
RMAX
$198M
| $12.9M | ﹤0.01% |
692,887
+24,577
| +4% | +$469K |
|
|
GPMT
2428
Granite Point Mortgage Trust
GPMT
$69.5M
| $12.9M | ﹤0.01% |
2,322,529
-78,628
| -3% | -$511K |
|
2429
Algonquin Power & Utilities
AQN
$4.42B
| $12.9M | ﹤0.01% |
1,926,583
+675,908
| +54% | +$6.03M |
|
|
CBL
2430
CBL Properties
CBL
$1.81B
| $12.9M | ﹤0.01% |
510,597
+17,431
| +4% | +$470K |
|
2431
OraSure Technologies
OSUR
$288M
| $12.9M | ﹤0.01% |
2,676,088
+84,325
| +3% | +$387K |
|
2432
Universal Insurance Holdings
UVE
$1.22B
| $12.9M | ﹤0.01% |
1,217,148
+39,213
| +3% | +$399K |
|
|
SCS
2433
DELISTED
Steelcase
SCS
| $12.9M | ﹤0.01% |
1,797,335
+5,686
| +0.3% | +$42K |
|
2434
Unisys
UIS
$219M
| $12.9M | ﹤0.01% |
2,516,928
+56,135
| +2% | +$352K |
|
2435
GoPro
GPRO
$131M
| $12.9M | ﹤0.01% |
2,582,162
-24,891
| -1% | -$131K |
|
2436
Goosehead Insurance
GSHD
$2.33B
| $12.8M | ﹤0.01% |
373,259
-119,929
| -24% | -$4.49M |
|
2437
Fluence Energy
FLNC
$1.92B
| $12.8M | ﹤0.01% |
744,886
+60,523
| +9% | +$953K |
|
2438
Vuzix
VUZI
$201M
| $12.7M | ﹤0.01% |
3,495,529
-271,785
| -7% | -$1.24M |
|
|
OLO
2439
DELISTED
Olo Inc
OLO
| $12.7M | ﹤0.01% |
2,033,254
+180,296
| +10% | +$1.36M |
|
2440
Arrow Financial
AROW
$669M
| $12.7M | ﹤0.01% |
385,817
+1,572
| +0.4% | +$50.8K |
|
2441
First Mid Bancshares
FMBH
$1.4B
| $12.7M | ﹤0.01% |
394,904
+20,439
| +5% | +$692K |
|
2442
Brookdale Senior Living
BKD
$3.5B
| $12.6M | ﹤0.01% |
4,628,273
+290,714
| +7% | +$1.09M |
|
2443
Seneca Foods Class A
SENEA
$1.15B
| $12.6M | ﹤0.01% |
207,213
+6,238
| +3% | +$383K |
|
|
FSP
2444
Franklin Street Properties
FSP
$48.6M
| $12.6M | ﹤0.01% |
4,624,080
-251,648
| -5% | -$697K |
|
2445
Marcus Corp
MCS
$950M
| $12.6M | ﹤0.01% |
875,539
+72,845
| +9% | +$1.1M |
|
2446
Mercantile Bank Corp
MBWM
$1.05B
| $12.6M | ﹤0.01% |
376,157
-1,808
| -0.5% | -$60.6K |
|
2447
Stoneridge
SRI
$208M
| $12.6M | ﹤0.01% |
582,151
+23,032
| +4% | +$493K |
|
|
ESMT
2448
DELISTED
EngageSmart, Inc.
ESMT
| $12.5M | ﹤0.01% |
710,709
-15,914
| -2% | -$292K |
|
2449
Acco Brands
ACCO
$400M
| $12.5M | ﹤0.01% |
2,236,168
+78,207
| +4% | +$406K |
|
2450
Compass
COMP
$8.8B
| $12.5M | ﹤0.01% |
5,357,254
+175,398
| +3% | +$460K |
|
Similar funds
State Street's Q4 2022 Portfolio in Review
As of Q4 2022, State Street held 5,008 positions worth $1.7T, up 7.6% from $1.58T the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Trading was light in Q4 2022: portfolio turnover was 4.3%. State Street opened 68 new positions and exited 147, leaving the 5,008-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 21% a quarter earlier, followed by Healthcare and Financials.
- State Street's largest Q4 2022 buy was Ferguson: 1,494,241 shares worth $190M.
- State Street added most to Prologis in Q4 2022, an estimated $1.25B increase.
- State Street's biggest Q4 2022 reduction was ExxonMobil, cutting an estimated $742M.
- State Street fully exited Twitter, Inc. in Q4 2022, selling an estimated $1.3B.
- State Street's ten largest holdings make up 20% of its $1.7T portfolio in Q4 2022.
- State Street opened 68 new positions and closed 147 in Q4 2022.
- State Street's portfolio value rose 7.6% quarter-over-quarter to $1.7T.
Based on State Street's 13F filing for Q4 2022, filed 14 Feb 2023.