13F filer · CIK 93751 ↗
State Street
You are looking at Q4 2025. See the latest, Q2 2026 →
Reported value
$2.98T
+3.4% on the quarter before
Positions
4,288
135 new · 129 sold out
Top 10
31.4%
of the value
Est. gain
+$60.11B
on stocks held all quarter
Est. return
+2.1%
on those stocks since Q3 2025
Positions as of Dec 31, 2025, from State Street's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 42% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2025. Striped tiles are options.
Largest buys
Since Q3 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Microsoft~$3.09BAdded · 5.4% → 5.0%+6,388,930 shares
- Meta~$2.90BAdded · 2.2% → 2.0%+4,395,763 shares
- Nvidia~$2.14BAdded · 6.3% → 6.2%+11,451,386 shares
- Apple~$1.78BAdded · 5.3% → 5.5%+6,555,392 shares
- Broadcom~$1.74BAdded · 2.1% → 2.2%+5,040,801 shares
- Amazon~$1.61BAdded · 2.9% → 3.0%+6,971,680 shares
- Crh Plc~$1.39BAdded · 0.1% → 0.1%+11,167,189 shares
- Carvana Co~$1.17BAdded · 0.0% → 0.1%+2,764,759 shares
- Qnity Electronics Inc~$728.9MNew · 0.0% → 0.0%+8,927,050 shares
- Eli Lilly~$682.8MAdded · 0.9% → 1.3%+635,358 shares
Largest sells
Since Q3 2025, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Kellanova~$1.10BSold out · 0.0% → 0.0%−13,425,912 shares
- Interpublic Group Cos Inc~$896.2MSold out · 0.0% → 0.0%−32,109,386 shares
- Warner Bros Discovery Inc~$785.7MCut · 0.1% → 0.1%−27,262,597 shares
- Mr Cooper Group Inc~$447.1MSold out · 0.0% → 0.0%−2,101,348 shares
- Charter Communications Inc N~$289.1MCut · 0.1% → 0.0%−1,384,824 shares
- Lockheed Martin Corp~$252.9MCut · 0.6% → 0.5%−522,916 shares
- Live Nation Entertainment In~$241.7MCut · 0.1% → 0.1%−1,695,927 shares
- Electronic Arts Inc~$238.0MCut · 0.1% → 0.1%−1,164,746 shares
- Light & Wonder Inc~$209.5MSold out · 0.0% → 0.0%−2,495,811 shares
- The Trade Desk~$201.5MCut · 0.1% → 0.0%−5,307,450 shares
Holdings
As of Dec 31, 2025. Changes are in shares against Sep 30, 2025, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| NvidiaCOM · shares +1.2% · price −0.0% | 6.2% | $184.91B | −$88.1M | ||||||||
| AppleCOM · shares +1.1% · price +6.8% | 5.5% | $164.22B | +$10.29B | ||||||||
| MicrosoftCOM · shares +2.1% · price −6.6% | 5.0% | $148.06B | −$10.29B | ||||||||
| AmazonCOM · shares +1.8% · price +5.1% | 3.0% | $89.71B | +$4.29B | ||||||||
| AlphabetCAP STK CL A · shares +0.9% · price +28.8% | 2.4% | $71.46B | +$15.82B | ||||||||
| BroadcomCOM · shares +2.7% · price +4.9% | 2.2% | $65.79B | +$3.00B | ||||||||
| MetaCL A · shares +5.1% · price −10.1% | 2.0% | $59.96B | −$6.42B | ||||||||
| AlphabetCAP STK CL C · shares +0.5% · price +28.8% | 2.0% | $58.71B | +$13.08B | ||||||||
| TeslaCOM · shares +0.9% · price +1.1% | 1.7% | $51.65B | +$568.8M | ||||||||
| Jpmorgan Chase & Co.COM · shares +0.1% · price +2.2% | 1.4% | $40.39B | +$850.1M | ||||||||
| Eli LillyCOM · shares +1.8% · price +40.8% | 1.3% | $38.00B | +$10.82B | ||||||||
| Berkshire Hathaway Inc DelCL B NEW · shares +1.5% · price −0.0% | 1.2% | $37.16B | −$6.6M | ||||||||
| Visa Inc.COM CL A · shares +0.8% · price +2.7% | 0.97% | $29.04B | +$766.7M | ||||||||
| Johnson & JohnsonCOM · shares +1.3% · price +11.6% | 0.93% | $27.70B | +$2.85B | ||||||||
| Exxon Mobil CorpCOM · shares −0.8% · price +6.7% | 0.83% | $24.68B | +$1.56B | ||||||||
| Chevron Corp NewCOM · shares −0.2% · price −1.9% | 0.78% | $23.21B | −$438.6M | ||||||||
| MastercardCL A · shares +0.09% · price +0.4% | 0.70% | $20.90B | +$75.7M | ||||||||
| Walmart IncCOM · shares −0.06% · price +8.3% | 0.69% | $20.62B | +$1.58B | ||||||||
| Caterpillar IncCOM · shares +1.1% · price +20.1% | 0.68% | $20.27B | +$3.35B | ||||||||
| Abbvie IncCOM · shares +1.4% · price −1.3% | 0.62% | $18.49B | −$243.5M | ||||||||
| Morgan StanleyCOM NEW · shares +0.5% · price +11.7% | 0.62% | $18.44B | +$1.92B | ||||||||
| PalantirCL A · shares +1.1% · price −2.6% | 0.61% | $18.20B | −$472.9M | ||||||||
| Goldman SachsCOM · shares +2.1% · price +10.4% | 0.58% | $17.20B | +$1.58B | ||||||||
| Rtx CorporationCOM · shares +0.7% · price +9.6% | 0.57% | $16.85B | +$1.47B | ||||||||
| NetflixCOM · shares +2.8% · price −21.8% | 0.56% | $16.57B | −$4.50B | ||||||||
| Total · 4,288 positions | 100% | $2.98T | +$60.11B |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2025 to Q4 2025: 3,993 stocks held throughout, up $60.11B (+2.1%).
- Alphabet+$15.82B+29%
- Alphabet+$13.08B+29%
- Eli Lilly+$10.82B+41%
- Apple+$10.29B+7%
- Micron+$6.11B+71%
- Home Depot Inc−$2.82B−15%
- Netflix10:1 split−$4.50B−22%
- Oracle−$6.33B−31%
- Meta−$6.42B−10%
- Microsoft−$10.29B−7%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 12 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Sep 22, 2026 (amended) | $3.38T+17% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $2.90T−3% | SEC ↗ |
| Q4 2025 | Feb 13, 2026 | $2.98T+3% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $2.88T+8% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $2.67T+10% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $2.43T−4% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $2.53T+3% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $2.46T+7% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $2.29T+2% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $2.24T+9% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $2.06T+14% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $1.80T−5% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $1.90T+7% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $1.77T+4% | SEC ↗ |
| Q4 2022 | May 15, 2023 (amended) | $1.70T+8% | SEC ↗ |
| Q3 2022 | Nov 15, 2022 | $1.58T−5% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $1.67T−17% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $2.02T−4% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $2.11T+11% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $1.89T−0% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $1.90T+9% | SEC ↗ |
| Q1 2021 | Jul 9, 2021 (amended) | $1.74T+7% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $1.63T+12% | SEC ↗ |
| Q3 2020 | Nov 10, 2020 | $1.46T+6% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $1.38T+20% | SEC ↗ |
| Q1 2020 | Jun 19, 2020 (amended) | $1.14T−22% | SEC ↗ |
| Q4 2019 | Feb 6, 2020 | $1.46T+9% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 (amended) | $1.34T+0% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $1.34T+5% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $1.28T+17% | SEC ↗ |
| Q4 2018 | Feb 12, 2019 | $1.10T−16% | SEC ↗ |
| Q3 2018 | Nov 9, 2018 | $1.30T+9% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $1.20T+2% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $1.18T−5% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $1.24T+7% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $1.16T+3% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $1.13T+1% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $1.12T+5% | SEC ↗ |
| Q4 2016 | Feb 9, 2017 | $1.06T+7% | SEC ↗ |
| Q3 2016 | Jan 13, 2017 (amended) | $992.21B+7% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $930.88B+1% | SEC ↗ |
| Q1 2016 | May 20, 2016 (amended) | $924.92B | SEC ↗ |