59% buyers of institutions opening or closing positions this quarter
69 more new buyers than exits, quarter-over-quarter ownership change will be available once more quarters load, and no widely-followed fund managers in the top 25.
59% buyers of institutions opening or closing positions this quarter
Ownership % will appear once market cap data is linked
Laura & John portfolio allocation
Loads once peer data is available
No Form 4 insider transactions on file
Latest positioning in XLU across 13F flow, ownership shift, marquee holders, and holder-count growth.
Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in XLU held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 28.0M | $1.29B | +3.9% | β | 0.09% |
| 2 | UBS Group AG | 24.8M | $1.14B | +50.1% | β | 0.17% |
| 3 | MORGAN STANLEY | 23.4M | $1.07B | +7.7% | β | 0.06% |
| 4 | LPL Financial LLC | 16.0M | $734.9M | +5.5% | β | 0.20% |
| 5 | American State Bank (Iowa) | 13K | $535.9M | β | β | 0.05% |
| 6 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 11.5M | $529.7M | +14.5% | β | 0.06% |
| 7 | BNP PARIBAS ARBITRAGE, SA | 5.7M | $371.9M | +49.1% | β | 0.18% |
| 8 | AMERIPRISE FINANCIAL INC | 7.0M | $345.2M | +7.1% | β | 0.08% |
| 9 | ENVESTNET ASSET MANAGEMENT INC | 7.4M | $341.2M | +14.3% | β | 0.09% |
| 10 | RAYMOND JAMES FINANCIAL INC | 7.1M | $326.8M | +5.6% | β | 0.10% |
| 11 | CITIGROUP INC | 6.9M | $317.3M | -24.7% | β | 0.14% |
| 12 | MENORA MIVTACHIM HOLDINGS LTD. | 5.4M | $247.6M | 0.0% | β | 1.17% |
| 13 | GOLDMAN SACHS GROUP INC | 4.7M | $215.7M | -24.9% | β | 0.02% |
| 14 | CIBC World Markets Inc. | 4.4M | $199.6M | +59.4% | β | 0.33% |
| 15 | Laura & John Arnold Foundation | 4.2M | $192.9M | 0.0% | β | 44.90% |
| 16 | ROYAL BANK OF CANADA | 4.1M | $187.9M | -46.4% | β | 0.03% |
| 17 | Focus Partners Wealth | 4.0M | $181.4M | +61.5% | β | 0.20% |
| 18 | ADVISOR GROUP HOLDINGS, INC. | 3.8M | $176.0M | +10.7% | β | 0.26% |
| 19 | TRUIST FINANCIAL CORP | 3.6M | $166.9M | -0.4% | β | 0.22% |
| 20 | MEITAV DASH INVESTMENTS LTD | 3.5M | $158.4M | +33.8% | β | 1.74% |
| 21 | Migdal Insurance & Financial Holdings Ltd. | 3.5M | $158.4M | -61.9% | β | 1.37% |
| 22 | Walleye Trading LLC | 3.4M | $154.9M | β | β | 0.26% |
| 23 | FACTORY MUTUAL INSURANCE CO | 3.2M | $147.3M | -16.1% | β | 1.66% |
| 24 | Saudi Central Bank | 3.1M | $142.2M | 0.0% | β | 3.01% |
| 25 | Cetera Investment Advisers | 2.9M | $135.3M | +5.1% | β | 0.14% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in XLU β a direct measure of their conviction.
Filings activity in XLU during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new XLU position in Q1 2026
Institutions that fully closed their XLU position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,535 | +4.7% | β | β | $15.19B | +1.7% |
| Q4 2025 | 1,466 | +6.7% | β | β | $14.94B | 25% |
| Q3 2025 | 1,374 | +1.3% | β | β | $19.93B | +25% |
| Q2 2025 | 1,356 | +4.2% | β | β | $15.91B | +44% |
| Q1 2025 | 1,301 | +0.8% | β | β | $11.07B | 77% |
| Q4 2024 | 1,291 | +3.5% | β | β | $47.35B | +173% |
| Q3 2024 | 1,247 | +9.6% | β | β | $17.35B | 79% |
| Q2 2024 | 1,138 | β | β | β | $82.42B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
No recent Form 4 insider transactions on file for XLU.
Quick answers to the most common questions about buying XLU stock.
Based on Q1 2026 13F filings, institutional ownership of Utilities Select Sector SPDR Fund stands at not currently reported, held across 1,535 reporting institutions.
BANK OF AMERICA CORP /DE/ is the largest reported institutional holder of XLU, with approximately 28,041,814 shares worth $1.29B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of XLU.
Our composite Smart Money Score for XLU is 38 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
221 institutions opened new positions in XLU during Q1 2026, while 152 fully exited. 1,052 added to existing positions and 253 trimmed.
Quarter-over-quarter ownership change for XLU is not yet available β at least two quarters of 13F data are required.
The top 10 institutions account for 44.0% of all reported 13F value in XLU, and the top 25 account for 62.3%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.