STATE STREET CORP

Index provider Mechanical CIK 93751
League rank
#7
in Index provider · #1850 overall
Long book
$2.89T
Q1 2026
Positions
4102
Top-10 weight
29%
concentration
Last quarter
+14.4%
SPY +14.8%
Turnover
5%
of book per quarter

Strategy in plain words

auto-generated from filings

STATE STREET CORP is an index provider — its holdings mirror index composition mechanically, running a $2.89T US long book across 4102 positions.

The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.

Over the last 9 quarters its long book ran on average 0.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.9%
Q2 2024
+6.5%
Q3 2024
+1.6%
Q4 2024
-3.8%
Q1 2025
+9.8%
Q2 2025
+7.9%
Q3 2025
+2.5%
Q4 2025
-3.0%
Q1 2026
+14.4%

Sector allocation

Technology
36%
Industrials
12%
Financials
12%
Consumer discretionary
9%
Healthcare
9%
Services media
5%
Energy
4%
Utilities
4%

Long book by quarter

$2.23T
Q1 2024
$2.29T
Q2 2024
$2.45T
Q3 2024
$2.53T
Q4 2024
$2.42T
Q1 2025
$2.67T
Q2 2025
$2.88T
Q3 2025
$2.98T
Q4 2025
$2.89T
Q1 2026

What does STATE STREET own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology993.9M$173.34B6.0%+0.2%
AAPL APPLE INCTechnology602.3M$152.87B5.3%-0.3%
MSFT MICROSOFT CORPTechnology306.7M$113.53B3.9%+0.2%
AMZN AMAZON.COM INCConsumer discretionary390.5M$81.32B2.8%+0.5%
GOOGL ALPHABET INC-CL ATechnology226.3M$65.06B2.2%-0.9%
AVGO BROADCOM INCTechnology191.4M$59.23B2.0%+0.7%
GOOG ALPHABET INC-CL CTechnology185.7M$53.27B1.8%-0.7%
META META PLATFORMS INC-CLASS ATechnology88.5M$50.65B1.8%-2.6%
TSLA TESLA INCIndustrials114.7M$42.64B1.5%-0.1%
JPM JPMORGAN CHASE & COFinancials124.3M$36.56B1.3%-0.9%
XOM EXXON MOBIL CORPEnergy213.9M$36.29B1.3%+4.3%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials74.1M$35.51B1.2%+0.2%
LLY ELI LILLY & COHealthcare35.6M$32.75B1.1%+0.7%
JNJ JOHNSON & JOHNSONHealthcare133.5M$32.63B1.1%-0.3%
CVX CHEVRON CORPEnergy153.1M$31.68B1.1%+0.6%
V VISA INC-CLASS A SHARESServices media82.3M$24.88B0.9%-0.6%
CAT CATERPILLAR INCIndustrials34.9M$24.71B0.9%-1.4%
WMT WALMART INCConsumer discretionary185.9M$23.15B0.8%+0.7%
LMT LOCKHEED MARTIN CORPIndustrials32.6M$19.68B0.7%-3.3%
MA MASTERCARD INC - AServices media36.5M$18.23B0.6%-0.4%
COST COSTCO WHOLESALE CORPConsumer discretionary18.2M$18.09B0.6%0.0%
RTX RTX CORPIndustrials92.6M$17.86B0.6%+0.8%
ABBV ABBVIE INCHealthcare81.2M$17.66B0.6%+0.3%
MU MICRON TECHNOLOGY INCTechnology52.2M$17.66B0.6%-1.0%
MS MORGAN STANLEYFinancials101.3M$16.68B0.6%-2.4%
NFLX NETFLIX INCServices media171.7M$16.50B0.6%-2.9%
GS GOLDMAN SACHS GROUP INCFinancials19.3M$16.29B0.6%-1.6%
HD HOME DEPOT INCConsumer discretionary46.7M$15.35B0.5%-0.5%
AMD ADVANCED MICRO DEVICESTechnology74.8M$15.21B0.5%-0.2%
CSCO CISCO SYSTEMS INCTechnology193.6M$15.02B0.5%-1.0%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology101.6M$14.87B0.5%-0.7%
PG PROCTER & GAMBLE CO/THEOther101.3M$14.62B0.5%-0.4%
MRK MERCK & CO. INC.Healthcare119.3M$14.45B0.5%-0.6%
BAC BANK OF AMERICA CORPFinancials294.9M$14.38B0.5%-1.2%
IBM INTL BUSINESS MACHINES CORPTechnology54.6M$13.23B0.5%-0.7%
GE GENERAL ELECTRICIndustrials45.3M$12.89B0.4%+0.2%
AMAT APPLIED MATERIALS INCTechnology37.5M$12.82B0.4%-1.1%
KO COCA-COLA CO/THEConsumer staples167.2M$12.80B0.4%-0.4%
LRCX LAM RESEARCH CORPIndustrials59.2M$12.65B0.4%-0.9%
UNH UNITEDHEALTH GROUP INCFinancials45.3M$12.27B0.4%+0.2%
ORCL ORACLE CORPTechnology76.3M$11.22B0.4%-0.3%
NEE NEXTERA ENERGY INCUtilities119.7M$11.11B0.4%+0.9%
MCD MCDONALD'S CORPConsumer discretionary35.4M$11.01B0.4%-1.5%
WFC WELLS FARGO & COFinancials135.5M$10.79B0.4%-1.2%
VZ VERIZON COMMUNICATIONS INCCommunications214.9M$10.79B0.4%-3.6%
AMGN AMGEN INCHealthcare30.5M$10.75B0.4%-0.1%
GEV GE VERNOVA INCIndustrials11.4M$9.95B0.3%-0.7%
LIN LINDE PLCMaterials19.6M$9.73B0.3%+1.4%
INTC INTEL CORPTechnology214.3M$9.46B0.3%+2.8%
PEP PEPSICO INCConsumer staples59.4M$9.23B0.3%0.0%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20264269$2.90T canonicalSEC ↗
Q4 202513F-HRFeb 13, 20264288$2.98T canonicalSEC ↗
Q3 202513F-HRNov 14, 20254282$2.88T canonicalSEC ↗
Q2 202513F-HRAug 14, 20254260$2.67T canonicalSEC ↗
Q1 202513F-HRMay 15, 20254281$2.43T canonicalSEC ↗
Q4 202413F-HRFeb 14, 20254297$2.53T canonicalSEC ↗
Q3 202413F-HRNov 14, 20244296$2.46T canonicalSEC ↗
Q2 202413F-HRAug 14, 20244362$2.29T canonicalSEC ↗
Q1 202413F-HRMay 15, 20244366$2.24T canonicalSEC ↗