Asset manager and custodian; largest single owner of Lockheed Martin
Asset manager · Organization
State Street is the Boston bank and asset manager behind the SPDR index funds. At Dec 31, 2025 it held $53.8T in assets under custody or administration and $5.7T under management, and it is one of the largest owners of the U.S. weapons industry. As of June 30, 2026 it held about 14.3% of Lockheed Martin ($16.8B), 9.27% of Northrop Grumman ($6.7B), 4.81% of Boeing ($8.2B) and 4.37% of General Dynamics. RTX's 2026 proxy lists it as owner of 6.8% (91.9M shares) at the end of 2025, and it holds 1.73% of BAE Systems. These companies make the F-35s, Hellfires, GBU-39s and bomb bodies documented in strikes on Gaza. State Street's index model means every new pension contribution helps fund them, in a war the UN Commission of Inquiry concluded in Sept 2025 was a genocide. The savers are rarely asked.
State Street held about 14.3% of Lockheed Martin ($16.8B) and 9.27% of Northrop Grumman ($6.7B) at 30 June 2026, plus 4.81% of Boeing ($8.2B). RTX's 2026 proxy lists it at 6.8%. It managed $5.7T at the end of 2025.
Sources: State Street Corp Form 13F-HR information table, period ending 2026-06-30 (filed 2026-08-07; amended 13F-HR/A 0000093751-26-000583 filed 2026-09-22), State Street Corp 13F-HR/A Q2 2026 holdings (mirror of SEC filing 0000093751-26-000583), RTX Corporation 2026 Proxy Statement - Stock ownership (5% beneficial owners), State Street (via data.json)
Chairman and CEO Ronald O'Hanley worried publicly in May 2026 about the fertilizer shock from the war on Iran, not about the bombs his firm's holdings supply.
Sources: aljazeera.com, theintercept.com
● confirmed by a primary document · ○ reported
EDGAR full-text search for "32975170" restricted to State Street (CIK 93751) returns hits only in 0000093751-26-000507:XML_Infotable.xml and 0000093751-26-000583:XML_Infotable.xml. MarketBeat: 'The fund owned 32,975,170 shares ... about 14.29% of Lockheed Martin worth $16,799,530,000'
EDGAR full-text search for "11811099" restricted to State Street (CIK 93751) returns hits only in its Q2-2026 13F-HR and 13F-HR/A XML infotables. MarketBeat: 'State Street Corp owned about 4.37% of General Dynamics worth $4,183,964,000 as of its most recent SEC filing.'
State Street Corporation 91,884,588 6.8% ... Based on a Form 13F filed with the SEC by State Street Corporation ("State Street") on February 13, 2026, as of December 31, 2025 ... shared investment discretion with respect to 91,884,588 shares of RTX Common Stock
["BA","BOEING CO","COM","097023105",8236248,0.2,38047990,null,null]
["NOC","NORTHROP GRUMMAN CORP","COM","666807102",6707202,0.2,13169195,null,null]
State Street Investment Management | 1.73% | 49,052,375 | Jun 01, 2026
Chairman and Chief Executive Officer
As of June 30, 2026, we reported $57.86 trillion in AUC/A and $6.28 trillion in AUM.
Assets under management (in billions) 4,665 5,117 5,446 5,665 5,620 6,278
No open stories name this organization right now.
State Street Corporation entered into a deferred prosecution agreement and agreed to pay a $115 million criminal penalty to resolve charges that it engaged in a scheme to defraud a number of the bank’s clients by secretly overcharging for expenses related to the bank’s custody of client assets.
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday.
State Street Bank and Trust Company has agreed to pay over $88 million to settle charges for overcharging mutual funds and other registered investment company clients for expenses related to the firm's custody of client assets.
The Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay over $88 million to settle charges for overcharging mutual funds and other registered investment company clients for expenses related to the firm's custody of client assets.