Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

SELECT SECTOR SPDR TR (XLE)

2K + Investors. Track Smart Money conviction in XLE. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +279
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — XLE

Based on 2116 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added XLE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
2,116 hedge funds hold XLE right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+295 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

1252 buying864 selling
Last quarter: 1,252 funds bought or added vs 864 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+172 vs last Q)

new funds entering per quarter
Funds opening a new XLE position: 144 → 154 → 261 → 433. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 19% new
1,354 out of 2,116 hedge funds have held XLE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +49% but shares only +11% — price-driven

Value
+48%
Shares
+10%
Last quarter: the total dollar value of institutional holdings rose +49%, but actual share count only changed +11%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

185 → 144 → 154 → 261 → 433 new funds/Q
New funds entering each quarter: 144 → 154 → 261 → 433. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Deep conviction — 69% of holders stayed 2+ years

■ 69% veterans ■ 12% 1-2yr ■ 19% new
Of 2,205 current holders: 1,524 (69%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
47 of 2116 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in XLE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — XLE

In 2026 Q1, 1252 hedge funds were net buyers of XLE (433 opened a new position, 819 added to an existing one), while 864 reduced or exited (710 trimmed, 154 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 60% of total institutional value in XLE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +279 funds (more new holders than closures). Total institutional holders: 2116.

Hedge Fund Ownership: XLE

How many hedge funds hold XLE — quarterly history vs. share price
Quarterly hedge fund ownership of XLE vs. share price

Market Analysis: XLE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XLE

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy SELECT SECTOR SPDR TR (XLE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much XLE has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 71d ago
XLE
-2.3%
SPY
+13.7%

XLE outperformed SPY by -16.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 26d ago
XLE
-1.9%
SPY
+0.0%

Since the filing became public, XLE outperformed SPY by -1.9% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

71 top-rated funds 66 high-conviction
Consensus
8.1
/ 10
breadth
×
Elite
6.1
/ 10
conviction
Hedge Fund Positioning: XLE
2K + Investors

Track Smart Money conviction in XLE. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 2095 1837 14.04%
13F Shares 788M 714M 10.4%
Total Value $47.79B $32.11B 48.8%
New Positions 425 261 +164
Increased Positions 802 1503 -701
Closed Positions 167 154 +13
Reduced Positions 670 65 +605
Total Calls 56 46 21.74%
Total Puts 56 49 14.29%
PUT/CALL Ratio 1.0 1.07 Neutral

Statistics: XLE

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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in XLE. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of XLE — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mizuho Bank, Ltd. 54.38% 3,280,000 $200.9M
2 Dai-ichi Life International Holdings LLC 20.95% 5,214 $319K
3 Hamilton Capital, LLC 13.67% 4,306,753 $263.8M
4 CABANA LLC 12.61% 26,233 $1.6M
5 PJT Investments Corp. 12.10% 498,205 $30.5M
6 Main Management Fund Advisors LLC 9.00% 731,100 $107K
7 Algorithmic Investment Models, LLC 8.57% 113,416 $6.9M
8 Avalon Global Asset Management LLC 8.47% 1,000,000 $61K
9 University of Illinois Foundation 7.55% 601,034 $36.8M
10 WealthCare Asset Management, LLC 7.35% 112,790 $6.9M
11 Eddie Patel Inc 7.17% 152,350 $9.3M
12 TTP Investments, Inc. 6.78% 265,449 $16.3M
13 FINANCIAL DISCOVERY GROUP INC 6.74% 47,093 $2.9M
14 AFFINITY WEALTH MANAGEMENT LLC 6.58% 709,517 $43.5M
15 First Trust Bank, Ltd. 6.26% 52,000 $3.2M
16 PROVIDA PENSION FUND ADMINISTRATOR 6.23% 2,118,097 $171.9M
17 CREDIT INDUSTRIEL ET COMMERCIAL 5.85% 1,225,400 $75.1M
18 OneAscent Family Office, LLC 5.80% 135,446 $8.3M
19 Saudi Central Bank 5.60% 4,321,004 $264.7M
20 J.Safra Asset Management Corp 5.33% 1,615,019 $98.9M
21 CAMELOT TECHNOLOGY ADVISORS, INC. 5.08% 114,414 $7.0M
22 Varma Mutual Pension Insurance Co 5.08% 14,067,185 $861.8M
23 Concord Investment Counsel Inc. 4.96% 240,633 $14.7M
24 INNEALTA CAPITAL, LLC 4.83% 126,945 $7.8M
25 Perissos Private Wealth Management, LLC 4.61% 86,739 $5.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — SELECT SECTOR SPDR TR (XLE)

What does the Smart Money Trend signal show for XLE?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added XLE than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for XLE?

Slight buying edge — 59% buying: Last quarter: 1,252 funds bought or added vs 864 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for XLE holders?

Elite ownership — 60% AUM from top-100 funds: 47 of 2116 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in XLE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held XLE?

64% of holders stayed for 2+ years: 1,354 out of 2,116 hedge funds have held XLE for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy SELECT SECTOR SPDR TR (XLE) following the 2026 Q1 hedge fund 13F filings?

As of today, XLE has moved -1.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of -1.9%. Since the quarter end (March 31, 2026), XLE has gained -2.3% vs +13.7% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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