DaveManuel.com · Institutional Ownership · Who Owns It
SELECT SECTOR SPDR TR (XLB)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
943
Reporting holders
$9.7B
Reported value
11.6%
Calls
7.9%
Puts
+26
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| PeakShares LLC | $1.1B | 21,956,000 | 0.83% | 3q | +105023.0%+$1.1B |
| BANK OF AMERICA CORP /DE/ | $633.3M | 12,459,148 | 0.04% | 31q | +27.7%+$137.4M |
| BANK OF MONTREAL /CAN/ | $472.9M incl. $442.2M options CALL | 602,714 | 0.16% | 31q | +9.2%+$39.8M |
| WELLS FARGO & COMPANY/MN | $383.2M incl. $5.0M options PUT | 7,440,238 | 0.06% | 31q | +41.4%+$112.1M |
| MORGAN STANLEY | $375.4M | 7,384,667 | 0.02% | 35q | +3.3%+$11.9M |
| JANE STREET GROUP, LLC | $334.6M CALL+PUT | options only | 0.03% | 31q | OPTIONS |
| GOLDMAN SACHS GROUP INC | $295.9M | 5,820,618 | 0.03% | 31q | +6.2%+$17.2M |
| ENVESTNET ASSET MANAGEMENT INC | $273.9M | 5,388,001 | 0.06% | 31q | +385.7%+$217.5M |
| UBS Group AG | $262.7M incl. $121.0M options CALL+PUT | 2,786,875 | 0.03% | 31q | +1.9%+$4.9M |
| Gates Capital Management, Inc. | $228.7M PUT | options only | 5.50% | 9q | OPTIONS |
| LPL Financial LLC | $193.1M | 3,799,286 | 0.04% | 31q | +36.7%+$51.8M |
| RAYMOND JAMES FINANCIAL INC | $190.3M | 3,743,706 | 0.05% | 7q | +267.9%+$138.6M |
| ADAPT Investment Managers SA | $177.9M CALL | options only | 1.42% | 2q | OPTIONS |
| MENORA MIVTACHIM HOLDINGS LTD. | $151.8M | 2,986,080 | 0.59% | 7q | -42.0%-$109.8M |
| ROYAL BANK OF CANADA | $138.5M | 2,724,001 | 0.02% | 31q | +11.5%+$14.3M |
| CITADEL ADVISORS LLC | $132.5M incl. $115.1M options CALL+PUT | 342,617 | 0.02% | 31q | -86.9%-$878.5M |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. | $124.1M | 2,441,186 | 2.35% | 22q | +205733.6%+$124.0M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $123.5M incl. $120.6M options CALL+PUT | 58,263 | 0.01% | 31q | -19.0%-$29.0M |
| TRUIST FINANCIAL CORP | $121.9M | 2,397,993 | 0.15% | 27q | +1537.6%+$114.4M |
| Janney Montgomery Scott LLC | $118.3M | 2,328,091 | 0.23% | 31q | +819.0%+$105.5M |
| WestEnd Advisors, LLC | $113.3M | 2,229,844 | 2.53% | 2q | +429542.4%+$113.3M |
| CITIGROUP INC | $113.1M | 2,224,948 | 0.04% | 31q | +9.5%+$9.8M |
| NATIXIS | $112.1M | 2,205,212 | 0.45% | 15q | +119.4%+$61.0M |
| Main Management ETF Advisors, LLC | $108.5M | 2,135,161 | 3.29% | 3q | +3.0%+$3.2M |
| COMMERCE BANK | $105.0M | 2,065,807 | 0.46% | 31q | +1.4%+$1.5M |
| ING GROEP NV | $103.4M | 2,034,061 | 0.51% | 2q | HELD |
| Caption Management, LLC | $99.9M incl. $75.2M options CALL | 485,000 | 0.47% | 2q | +64.7%+$39.2M |
| BARCLAYS PLC | $97.1M incl. $51.8M options CALL+PUT | 890,954 | 0.02% | 31q | +2.1%+$2.0M |
| CIBC WORLD MARKET INC. | $93.1M | 1,832,098 | 0.15% | 10q | +82.8%+$42.2M |
| AMERIPRISE FINANCIAL INC | $91.9M | 1,806,807 | 0.02% | 31q | +30.7%+$21.6M |
| SRB CORP | $87.9M | 1,729,580 | 4.73% | 7q | HELD |
| Migdal Insurance & Financial Holdings Ltd. | $86.2M | 1,696,180 | 0.55% | 11q | HELD |
| D. E. Shaw & Co., Inc. | $85.9M | 1,689,170 | 0.04% | new | NEW |
| BNP PARIBAS FINANCIAL MARKETS | $82.9M | 1,631,630 | 0.03% | 31q | -74.3%-$239.9M |
| Jain Global LLC | $58.0M incl. $35.6M options CALL+PUT | 440,430 | 0.23% | 5q | +7.7%+$4.1M |
| MILLENNIUM MANAGEMENT LLC | $57.7M incl. $18.6M options CALL+PUT | 770,130 | 0.02% | 31q | +11373.9%+$57.2M |
| OSAIC HOLDINGS, INC. | $57.4M | 1,128,272 | 0.07% | 26q | +4.7%+$2.6M |
| PGIM Custom Harvest LLC | $55.2M | 1,086,212 | 0.69% | 19q | +9.2%+$4.7M |
| Brevan Howard Capital Management LP | $51.6M incl. $50.8M options CALL+PUT | 14,913 | 0.38% | 3q | -98.5%-$3.4B |
| FACTORY MUTUAL INSURANCE CO | $47.9M | 943,000 | 0.45% | new | NEW |
| EP Wealth Advisors, LLC | $45.7M | 899,433 | 0.17% | 14q | +2.6%+$1.2M |
| TWO SIGMA INVESTMENTS, LP | $45.0M | 885,247 | 0.03% | new | NEW |
| Cetera Investment Advisers | $42.2M | 830,608 | 0.04% | 23q | +18.2%+$6.5M |
| VICTORY CAPITAL MANAGEMENT INC | $41.0M | 805,903 | 0.02% | new | NEW |
| Squarepoint Ops LLC | $38.8M incl. $32.4M options CALL+PUT | 125,513 | 0.04% | 17q | HELD |
| STIFEL FINANCIAL CORP | $37.6M | 738,913 | 0.03% | 31q | +248.0%+$26.8M |
| HRT FINANCIAL LP | $35.0M | 687,637 | 0.06% | 2q | +198.6%+$23.2M |
| PNC Financial Services Group, Inc. | $26.7M | 525,465 | 0.01% | 31q | +10.6%+$2.6M |
| Bluespring Wealth Management, LLC | $26.0M | 511,605 | 0.50% | new | NEW |
| Allianz Asset Management GmbH | $25.0M CALL+PUT | options only | 0.02% | 4q | OPTIONS |
| Focus Partners Wealth | $24.8M | 487,048 | 0.03% | 9q | +3.1%+$733.3K |
| Main Management LLC | $24.5M | 481,735 | 1.65% | 3q | HELD |
| RiverFront Investment Group, LLC | $23.7M | 465,998 | 0.31% | 25q | HELD |
| GRIMES & Co WEALTH MANAGEMENT, LLC | $22.6M | 444,783 | 0.49% | 2q | +6.6%+$1.4M |
| Trust Asset Management LLC | $22.1M | 516,414 | 0.95% | 28q | +107.4%+$11.5M |
| VESTOR CAPITAL, LLC | $22.1M | 31,457? | 1.39% | 23q | |
| NORTHERN TRUST CORP | $22.1M | 435,005 | 0.00% | 31q | +3.3%+$713.3K |
| Advisory Alpha, LLC | $21.1M | 415,988 | 0.52% | 21q | -0.9%-$193.6K |
| JPMORGAN CHASE & CO | $20.7M | 407,911 | 0.00% | 31q | -75.7%-$64.5M |
| Cavalier Investments, LLC | $20.6M incl. $15.2M options CALL | 104,644 | 0.85% | 2q | -9.5%-$2.2M |
| Jefferies Financial Group Inc. | $20.4M | 400,400 | 0.13% | new | NEW |
| Legal & General Group Plc | $20.1M | 397,289 | 0.00% | 31q | +0.8%+$156.9K |
| J.Safra Asset Management Corp | $20.0M | 393,130 | 0.92% | 23q | +2.8%+$545.9K |
| Equitable Holdings, Inc. | $19.5M | 384,550 | 0.12% | 27q | +34.5%+$5.0M |
| Passaic Partners LLC | $19.2M | 377,252 | 1.41% | new | NEW |
| Cambridge Investment Research Advisors, Inc. | $18.6M | 365,324 | 0.02% | 31q | +60.2%+$7.0M |
| AE Wealth Management LLC | $17.7M | 348,281 | 0.08% | 29q | -9.8%-$1.9M |
| Horizon Wealth Management, LLC | $17.3M | 340,689 | 2.21% | new | NEW |
| Graham Capital Management, L.P. | $16.5M incl. $5.1M options CALL | 225,000 | 0.30% | 2q | +184.8%+$10.7M |
| Rokos Capital Management LLP | $15.8M CALL | options only | 0.06% | 3q | OPTIONS |
| Thrivent Financial for Lutherans | $15.5M | 304,320 | 0.03% | 18q | +9.7%+$1.4M |
| FIFTH THIRD BANCORP | $15.3M | 300,521 | 0.02% | 31q | +2.2%+$333.4K |
| Jump Financial, LLC | $15.2M | 299,863 | 0.12% | new | NEW |
| Atlantic Union Bankshares Corp | $14.9M | 293,573 | 0.25% | 5q | +6.9%+$966.0K |
| HighTower Advisors, LLC | $14.3M | 281,549 | 0.01% | 31q | -1.9%-$283.1K |
| ASSETMARK, INC | $14.2M | 279,439 | 0.02% | 31q | +341.3%+$11.0M |
| Black Swift Group, LLC | $14.1M | 276,575 | 2.03% | new | NEW |
| Biltmore Wealth Management, LLC | $13.9M | 273,577 | 4.34% | 31q | +8.4%+$1.1M |
| Estate Counselors, LLC | $13.8M | 271,543 | 1.19% | 13q | +41.1%+$4.0M |
| Cerity Partners LLC | $13.4M | 262,982 | 0.02% | 11q | -2.7%-$376.0K |
| VAN ECK ASSOCIATES CORP | $13.3M | 261,291 | 0.01% | 9q | -47.6%-$12.1M |
| AGF MANAGEMENT LTD | $13.2M | 259,148 | 0.05% | 15q | HELD |
| Corient Private Wealth LP | $12.5M | 246,110 | 0.02% | 15q | -2.4%-$304.5K |
| TCV Trust & Wealth Management, Inc. | $12.2M | 239,993 | 0.92% | 31q | -0.9%-$112.9K |
| PARK AVENUE SECURITIES LLC | $12.2M | 239,922 | 0.08% | 25q | +14.5%+$1.5M |
| Balyasny Asset Management L.P. | $12.1M incl. $6.2M options CALL+PUT | 116,013 | 0.02% | 23q | HELD |
| MML INVESTORS SERVICES, LLC | $11.8M | 232,579 | 0.02% | 31q | +150.2%+$7.1M |
| Dakota Wealth Management | $11.8M | 232,078 | 0.23% | 16q | HELD |
| Rockefeller Capital Management L.P. | $11.8M | 231,307 | 0.02% | 30q | -15.8%-$2.2M |
| KCM INVESTMENT ADVISORS LLC | $11.5M | 226,020 | 0.34% | 31q | +1.0%+$113.6K |
| Royal Fund Management, LLC | $11.3M | 221,572 | 0.94% | 2q | -8.7%-$1.1M |
| ADAMS DIVERSIFIED EQUITY FUND, INC. | $11.0M | 217,300 | 0.34% | new | NEW |
| COMMONWEALTH EQUITY SERVICES, LLC | $10.7M | 210,187 | 0.01% | 31q | +37.0%+$2.9M |
| SCOTIA CAPITAL INC. | $10.6M | 208,845 | 0.04% | 23q | +61.1%+$4.0M |
| TUDOR INVESTMENT CORP ET AL | $10.4M incl. $2.5M options CALL+PUT | 154,263 | 0.01% | 7q | +84.1%+$4.7M |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $10.2M | 200,000 | 0.01% | 15q | HELD |
| FLAGSHIP HARBOR ADVISORS, LLC | $9.7M | 190,279 | 0.37% | 31q | +1.7%+$164.8K |
| Tamar Securities, LLC | $9.4M | 185,782 | 0.88% | 25q | +39.5%+$2.7M |
| JMAC ENTERPRISES LLC | $9.4M | 185,558 | 1.59% | 19q | +5.9%+$525.1K |
| CoreCap Advisors, LLC | $9.4M | 185,556 | 0.28% | 18q | +459.9%+$7.7M |
Showing the largest 100 of 945 reported holders. The count of 943 above leaves out 2 positions whose reported value failed our price check; they are listed here as filed.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 356 | $582.8M | 11,944,548 | 32 | 98 | 105 | 0.1% |
| Q2 2026 | 943 | $9.7B | 153,417,874 | 116 | 338 | 244 | 19.6% |
| Q1 2026 | 917 | $8.5B | 115,194,172 | 168 | 298 | 229 | 32.5% |
| Q4 2025 | 823 | $7.3B | 97,610,966 | 86 | 237 | 252 | 39.2% |
| Q3 2025 | 787 | $7.1B | 50,525,788 | 77 | 217 | 261 | 36.1% |
| Q2 2025 | 784 | $6.6B | 51,962,997 | 61 | 221 | 286 | 31.2% |
| Q1 2025 | 803 | $6.8B | 57,502,785 | 80 | 222 | 279 | 27.7% |
| Q4 2024 | 828 | $6.9B | 61,303,466 | 83 | 245 | 237 | 25.1% |
| Q3 2024 | 817 | $9.6B | 55,082,218 | 71 | 209 | 303 | 44.6% |
| Q2 2024 | 810 | $6.9B | 56,256,588 | 85 | 250 | 244 | 28.0% |
| Q1 2024 | 810 | $6.2B | 58,990,075 | 94 | 217 | 296 | 11.8% |
| Q4 2023 | 805 | $4.9B | 49,548,265 | 88 | 213 | 272 | 13.5% |
| Q3 2023 | 749 | $4.5B | 50,504,229 | 83 | 222 | 245 | 11.8% |
| Q2 2023 | 751 | $6.1B | 64,269,228 | 73 | 174 | 310 | 12.6% |
| Q1 2023 | 760 | $4.6B | 52,004,494 | 103 | 214 | 261 | 8.1% |
| Q4 2022 | 751 | $5.4B | 61,439,053 | 96 | 209 | 252 | 12.9% |
| Q3 2022 | 679 | $14.9B | 205,424,431 | 46 | 179 | 291 | 6.5% |
| Q2 2022 | 760 | $20.6B | 269,809,576 | 74 | 247 | 261 | 3.7% |
| Q1 2022 | 787 | $25.7B | 276,688,677 | 67 | 304 | 245 | 5.0% |
| Q4 2021 | 831 | $35.7B | 645,008,121 | 93 | 292 | 207 | 4.5% |
| Q3 2021 | 735 | $21.4B | 876,313,196 | 58 | 242 | 281 | 5.0% |
| Q2 2021 | 787 | $21.9B | 1,200,263,480 | 139 | 317 | 192 | 3.5% |
| Q1 2021 | 706 | $17.9B | 1,351,627,712 | 127 | 282 | 168 | 4.2% |
| Q4 2020 | 646 | $15.2B | 1,063,129,546 | 137 | 211 | 141 | 4.3% |
| Q3 2020 | 513 | $12.3B | 3,873,465,610 | 106 | 146 | 143 | 5.5% |
| Q2 2020 | 438 | $4.8B | 2,709,305,033 | 86 | 90 | 166 | 11.8% |
| Q1 2020 | 412 | $6.3B | 938,141,663 | 44 | 103 | 175 | 8.2% |
| Q4 2019 | 504 | $11.2B | 306,829,116 | 62 | 124 | 164 | 17.0% |
| Q3 2019 | 446 | $13.1B | 875,489,774 | 42 | 104 | 190 | 4.4% |
| Q2 2019 | 469 | $9.4B | 2,129,185,420 | 68 | 130 | 169 | 7.5% |
| Q1 2019 | 453 | $10.5B | 1,695,860,282 | 50 | 116 | 168 | 2.6% |
| Q4 2018 | 460 | $9.5B | 178,060,382 | 7 | 2 | 7 | 5.5% |