DaveManuel.com · Institutional Ownership · Who Owns It
SELECT SECTOR SPDR TR (XLU)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
1,603
Reporting holders
$21.3B
Reported value
7.1%
Calls
14.7%
Puts
-13
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 | $1.7B | 37,138,000 | 1.25% | 3q | +103730.2%+$1.7B |
| BANK OF AMERICA CORP /DE/ | $1.3B | 28,238,512 | 0.08% | 31q | +0.7%+$8.9M |
| JPMORGAN CHASE & CO | $1.0B | 21,813,355 | 0.06% | 31q | -2.8%-$28.7M |
| MORGAN STANLEY | $997.4M | 21,999,155 | 0.05% | 35q | -5.9%-$62.0M |
| JANE STREET GROUP, LLC | $981.5M incl. $978.1M options CALL+PUT | 73,746 | 0.08% | 31q | -84.2%-$5.2B |
| UBS Group AG | $907.1M incl. $474.7M options CALL+PUT | 9,537,675 | 0.12% | 31q | -41.0%-$629.8M |
| LPL Financial LLC | $690.4M | 15,226,190 | 0.16% | 31q | -4.9%-$35.7M |
| WELLS FARGO & COMPANY/MN | $665.7M incl. $60.5M options CALL+PUT | 13,347,881 | 0.11% | 31q | +1.1%+$7.1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $639.4M incl. $627.8M options CALL+PUT | 253,909 | 0.05% | 31q | -7.5%-$52.1M |
| BNP PARIBAS FINANCIAL MARKETS | $459.3M incl. $101.6M options CALL+PUT | 7,889,429 | 0.16% | 31q | +38.5%+$127.8M |
| ROYAL BANK OF CANADA | $453.7M incl. $155.7M options CALL+PUT | 6,573,429 | 0.07% | 31q | +62.1%+$173.8M |
| TUDOR INVESTMENT CORP ET AL | $423.1M incl. $394.1M options CALL+PUT | 640,125 | 0.59% | 14q | +189.4%+$276.9M |
| MILLENNIUM MANAGEMENT LLC | $395.2M incl. $384.8M options CALL+PUT | 229,909 | 0.14% | 31q | -64.4%-$715.6M |
| AMERIPRISE FINANCIAL INC | $388.9M | 8,551,440 | 0.08% | 31q | +22.2%+$70.7M |
| RAYMOND JAMES FINANCIAL INC | $345.1M | 7,612,186 | 0.09% | 7q | +6.9%+$22.3M |
| GOLDMAN SACHS GROUP INC | $321.0M incl. $46.1M options CALL+PUT | 6,063,609 | 0.03% | 31q | +81.0%+$143.7M |
| CITADEL ADVISORS LLC | $316.3M incl. $311.6M options CALL+PUT | 104,660 | 0.04% | 31q | +181.3%+$203.9M |
| ENVESTNET ASSET MANAGEMENT INC | $308.3M | 6,800,218 | 0.07% | 31q | -8.6%-$28.8M |
| BARCLAYS PLC | $283.3M incl. $168.2M options PUT | 2,539,318 | 0.05% | 31q | +63.4%+$110.0M |
| MENORA MIVTACHIM HOLDINGS LTD. | $244.6M | 5,395,188 | 0.95% | 14q | HELD |
| Balyasny Asset Management L.P. | $237.0M incl. $227.5M options CALL+PUT | 209,967 | 0.30% | new | NEW |
| OSAIC HOLDINGS, INC. | $190.7M | 4,206,517 | 0.22% | 26q | +9.7%+$16.9M |
| Main Management ETF Advisors, LLC | $169.5M | 3,739,385 | 5.13% | new | NEW |
| TRUIST FINANCIAL CORP | $163.0M | 3,594,262 | 0.19% | 31q | -1.2%-$1.9M |
| Janney Montgomery Scott LLC | $158.1M | 3,487,951 | 0.31% | 31q | +1.6%+$2.5M |
| MEITAV INVESTMENT HOUSE LTD | $156.1M | 3,442,907 | 1.05% | 24q | HELD |
| Walleye Trading LLC | $148.3M CALL+PUT | options only | 0.17% | 23q | OPTIONS |
| FACTORY MUTUAL INSURANCE CO | $144.2M | 3,181,400 | 1.36% | 23q | -0.9%-$1.2M |
| Saudi Central Bank | $140.0M | 3,099,466 | 1.84% | 5q | HELD |
| Phoenix Financial Ltd. | $132.9M | 2,930,565 | 0.91% | 11q | +326.8%+$101.7M |
| Main Management Fund Advisors LLC | $132.8M | 2,928,700 | 9.39% | new | NEW |
| Cetera Investment Advisers | $131.9M | 2,908,419 | 0.12% | 31q | -1.4%-$1.9M |
| CITIGROUP INC | $126.6M incl. $52.1M options CALL+PUT | 1,642,226 | 0.04% | 31q | +23.7%+$24.3M |
| MUFG BANK, LTD. | $126.4M | 2,788,000 | 3.56% | new | NEW |
| WestEnd Advisors, LLC | $117.5M | 2,591,111 | 2.62% | 17q | +7.4%+$8.1M |
| BESSEMER GROUP INC | $114.4M | 2,522,611 | 0.16% | 22q | +28.0%+$25.0M |
| Focus Partners Wealth | $106.0M | 2,337,916 | 0.11% | 11q | -40.8%-$73.2M |
| CIBC WORLD MARKET INC. | $102.3M | 2,256,360 | 0.16% | 31q | -48.1%-$94.9M |
| Cambridge Investment Research Advisors, Inc. | $99.5M | 2,193,626 | 0.11% | 31q | +103.1%+$50.5M |
| Migdal Insurance & Financial Holdings Ltd. | $95.7M | 2,110,205 | 0.61% | 9q | -38.9%-$60.8M |
| STIFEL FINANCIAL CORP | $94.4M | 2,082,580 | 0.08% | 31q | -17.5%-$20.0M |
| Moss Adams Wealth Advisors LLC | $87.9M | 1,939,085 | 5.49% | 8q | +7.9%+$6.4M |
| BANK OF MONTREAL /CAN/ | $84.0M incl. $5.1M options CALL+PUT | 1,740,395 | 0.03% | 31q | +9.2%+$7.1M |
| GLOBALT Investments LLC / GA | $79.2M | 1,746,448 | 2.67% | 5q | +0.8%+$603.1K |
| BlackRock, Inc. | $77.0M | 1,698,178 | 0.00% | 8q | +55.3%+$27.4M |
| COMMONWEALTH EQUITY SERVICES, LLC | $74.2M | 1,636,433 | 0.09% | 31q | +2.1%+$1.6M |
| Brevan Howard Capital Management LP | $68.9M incl. $68.0M options CALL+PUT | 19,770 | 0.51% | 3q | -98.7%-$5.2B |
| PGIM Custom Harvest LLC | $68.1M | 1,501,241 | 0.85% | 4q | +5.1%+$3.3M |
| Yaupon Capital Management LP | $68.0M PUT | options only | 1.34% | new | OPTIONS |
| Point72 Asset Management, L.P. | $66.5M incl. $66.0M options CALL+PUT | 10,000 | 0.07% | 13q | HELD |
| Cornerstone Advisors, LLC | $60.6M | 1,335,910 | 1.99% | 3q | HELD |
| CAPITAL FUND MANAGEMENT S.A. | $58.0M incl. $30.4M options CALL+PUT | 608,513 | 0.26% | 16q | -15.3%-$10.5M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $58.0M | 1,278,904 | 0.01% | 3q | -27.0%-$21.4M |
| Parallax Volatility Advisers, L.P. | $50.8M incl. $50.8M options CALL+PUT | 2 | 0.09% | 31q | HELD |
| Private Advisor Group, LLC | $49.9M | 1,101,638 | 0.23% | 31q | -8.0%-$4.3M |
| CREDIT AGRICOLE S A | $49.4M PUT | options only | 0.10% | 18q | OPTIONS |
| Allen Investment Management, LLC | $47.6M | 1,049,444 | 0.56% | 2q | +316.8%+$36.2M |
| D. E. Shaw & Co., Inc. | $47.2M | 1,040,792 | 0.02% | 14q | +1998.7%+$44.9M |
| Jain Global LLC | $45.8M incl. $36.5M options CALL+PUT | 205,798 | 0.18% | 3q | +31.6%+$11.0M |
| PEAK6 LLC | $44.7M incl. $40.8M options CALL+PUT | 87,470 | 0.09% | 7q | -35.5%-$24.7M |
| MML INVESTORS SERVICES, LLC | $44.6M | 984,601 | 0.09% | 31q | +39.9%+$12.7M |
| MAI Capital Management | $43.3M | 954,172 | 0.16% | 25q | +193.5%+$28.5M |
| WELLINGTON MANAGEMENT GROUP LLP | $42.9M | 945,995 | 0.01% | new | NEW |
| VICTORY CAPITAL MANAGEMENT INC | $42.0M | 926,248 | 0.02% | 4q | +10.0%+$3.8M |
| Agave Capital Management Ltd | $41.4M | 912,326 | 4.52% | new | NEW |
| RATIONAL ADVISORS, INC. | $41.1M | 905,679 | 3.77% | 10q | -1.9%-$792.7K |
| Laura & John Arnold Foundation | $40.5M | 893,779 | 12.26% | 3q | -78.7%-$150.0M |
| Squarepoint Ops LLC | $40.5M incl. $26.5M options CALL+PUT | 306,954 | 0.04% | 14q | +1420.9%+$37.8M |
| Main Management LLC | $38.9M | 857,909 | 2.61% | new | NEW |
| FIL Ltd | $38.5M | 848,866 | 0.03% | 31q | -29.0%-$15.7M |
| US BANCORP \DE\ | $37.7M | 832,150 | 0.04% | 31q | -17.9%-$8.2M |
| HighTower Advisors, LLC | $37.2M | 820,438 | 0.04% | 22q | -5.3%-$2.1M |
| NATIXIS | $36.7M | 809,347 | 0.15% | 15q | HELD |
| Summit Financial, LLC | $34.8M | 766,801 | 0.38% | 13q | -5.0%-$1.8M |
| PNC Financial Services Group, Inc. | $34.2M | 754,064 | 0.02% | 31q | +0.9%+$321.6K |
| Baird Financial Group, Inc. | $33.6M | 740,516 | 0.05% | 31q | +18.3%+$5.2M |
| NORTHERN TRUST CORP | $32.9M | 726,346 | 0.00% | 31q | +4.1%+$1.3M |
| JONES FINANCIAL COMPANIES LLLP | $29.5M | 639,002 | 0.01% | 20q | +26.1%+$6.1M |
| COMMUNITY TRUST & INVESTMENT CO | $27.9M | 615,910 | 1.44% | 31q | HELD |
| Kestra Advisory Services, LLC | $27.7M | 611,305 | 0.09% | 24q | -6.0%-$1.8M |
| First Financial Bankshares Inc | $27.6M | 608,395 | 0.52% | 11q | -32.6%-$13.4M |
| RENAISSANCE TECHNOLOGIES LLC | $27.5M | 606,100 | 0.04% | 22q | -13.9%-$4.4M |
| New Harbor Financial Group, LLC | $27.1M | 597,390 | 4.28% | 5q | +6.2%+$1.6M |
| Thrivent Financial for Lutherans | $26.7M | 589,196 | 0.04% | 24q | -37.9%-$16.3M |
| Trust Asset Management LLC | $26.3M | 685,356 | 1.13% | 28q | +101.6%+$13.3M |
| CAPTRUST FINANCIAL ADVISORS | $26.2M | 578,365 | 0.04% | 31q | +8.9%+$2.1M |
| Equitable Holdings, Inc. | $26.0M | 572,951 | 0.16% | 27q | -12.5%-$3.7M |
| Banco Santander, S.A. | $25.9M | 571,978 | 0.16% | 5q | +37.3%+$7.0M |
| Mariner, LLC | $25.8M | 568,792 | 0.03% | 31q | -23.1%-$7.8M |
| Cerity Partners LLC | $25.5M | 562,767 | 0.03% | 18q | +2.5%+$625.4K |
| Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) | $25.5M | 562,000 | 3.36% | 5q | HELD |
| Trilogy Capital Inc. | $25.3M | 558,816 | 0.98% | 9q | +56.9%+$9.2M |
| AGF MANAGEMENT LTD | $25.0M | 552,000 | 0.10% | 15q | HELD |
| TWO SIGMA INVESTMENTS, LP | $24.6M | 542,815 | 0.02% | new | NEW |
| SG Americas Securities, LLC | $24.4M | 538,595 | 0.01% | 31q | +99.6%+$12.2M |
| Steward Partners Investment Advisory, LLC | $23.7M | 522,340 | 0.12% | 31q | +14.3%+$3.0M |
| WCG Wealth Advisors LLC | $21.9M | 482,511 | 0.52% | 5q | +5.8%+$1.2M |
| GERMAN AMERICAN BANCORP, INC. | $21.7M | 477,625 | 1.63% | 31q | +0.9%+$185.5K |
| STATE STREET CORP | $21.3M | 470,354 | 0.00% | 4q | +117.3%+$11.5M |
| Pathstone Holdings, LLC | $20.8M | 459,124 | 0.06% | 11q | -0.6%-$124.9K |
Showing the largest 100 of 1,604 reported holders. The count of 1,603 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Q2 2026 in brief
In Q2 2026, 1,603 managers that file Form 13F reported holding Select Sector Spdr Tr (XLU), $21.3B in all. 138 managers opened a position and 151 sold out completely, against 1,616 holders the quarter before. Largest holders: Peakshares Llc, Bank Of America Corp /De/ and Jpmorgan Chase & Co. Largest new positions: Balyasny Asset Management L.P. ($237.0M), Main Management Etf Advisors, Llc ($169.5M) and Main Management Fund Advisors Llc ($132.8M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
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 | 622 | $1.4B | 36,065,871 | 35 | 216 | 199 | 0.1% |
| Q2 2026 | 1,603 | $21.3B | 366,011,783 | 114 | 564 | 516 | 21.9% |
| Q1 2026 | 1,616 | $19.8B | 333,544,119 | 178 | 608 | 452 | 22.4% |
| Q4 2025 | 1,548 | $18.4B | 317,785,946 | 139 | 558 | 409 | 26.3% |
| Q3 2025 | 1,445 | $18.4B | 159,759,213 | 131 | 508 | 437 | 24.2% |
| Q2 2025 | 1,412 | $16.5B | 148,090,846 | 147 | 511 | 415 | 26.7% |
| Q1 2025 | 1,374 | $14.9B | 142,275,371 | 134 | 464 | 448 | 26.7% |
| Q4 2024 | 1,379 | $15.2B | 147,076,539 | 121 | 433 | 431 | 28.2% |
| Q3 2024 | 1,320 | $18.4B | 183,329,011 | 189 | 463 | 378 | 24.2% |
| Q2 2024 | 1,216 | $14.2B | 158,848,500 | 170 | 405 | 389 | 23.5% |
| Q1 2024 | 1,122 | $13.8B | 162,152,072 | 98 | 378 | 410 | 22.7% |
| Q4 2023 | 1,159 | $14.9B | 189,562,856 | 148 | 360 | 382 | 19.5% |
| Q3 2023 | 1,083 | $13.6B | 193,440,979 | 101 | 327 | 402 | 16.3% |
| Q2 2023 | 1,116 | $13.7B | 188,269,350 | 99 | 340 | 405 | 10.3% |
| Q1 2023 | 1,113 | $12.9B | 173,741,602 | 88 | 329 | 440 | 8.6% |
| Q4 2022 | 1,187 | $15.1B | 193,460,827 | 141 | 373 | 392 | 9.4% |
| Q3 2022 | 1,109 | $63.5B | 6,853,369,079 | 100 | 448 | 297 | 3.6% |
| Q2 2022 | 1,116 | $139.6B | 8,674,349,091 | 151 | 423 | 285 | 1.4% |
| Q1 2022 | 1,066 | $53.3B | 5,209,629,977 | 147 | 367 | 271 | 5.5% |
| Q4 2021 | 996 | $38.9B | 4,318,306,629 | 99 | 320 | 269 | 6.5% |
| Q3 2021 | 898 | $36.0B | 528,481,451 | 91 | 318 | 237 | 6.1% |
| Q2 2021 | 883 | $114.1B | 4,069,799,369 | 100 | 287 | 264 | 2.1% |
| Q1 2021 | 865 | $28.0B | 5,393,424,121 | 74 | 266 | 309 | 6.4% |
| Q4 2020 | 889 | $30.7B | 1,063,033,147 | 103 | 235 | 292 | 6.4% |
| Q3 2020 | 817 | $34.6B | 5,992,555,686 | 82 | 255 | 264 | 7.0% |
| Q2 2020 | 812 | $31.2B | 8,693,130,318 | 102 | 239 | 283 | 13.3% |
| Q1 2020 | 844 | $44.9B | 4,499,949,834 | 117 | 264 | 295 | 5.0% |
| Q4 2019 | 858 | $49.2B | 1,733,210,502 | 80 | 240 | 262 | 5.1% |
| Q3 2019 | 790 | $46.1B | 5,935,716,970 | 83 | 272 | 245 | 5.4% |
| Q2 2019 | 763 | $37.7B | 6,068,198,844 | 99 | 253 | 230 | 6.9% |
| Q1 2019 | 735 | $38.8B | 3,519,789,618 | 89 | 222 | 236 | 5.0% |
| Q4 2018 | 711 | $19.0B | 3,183,479,150 | 10 | 9 | 4 | 9.7% |