Who owns XLE (XLE)
Which tracked institutional funds hold XLE, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XLE company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on XLE is one-sided between 2025-Q4 and 2026-Q1: 1028 added or opened and 142 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
XLE’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.0pp gap the other way — the median holder sizes XLE more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XLE divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 2086 tracked filers holding XLE, 1211 increased or opened the position and 838 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in XLE between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 161
- Varma Mutual Pension Insurance Co$862M
- Mizuho Bank, Ltd.$201M
- Maven Securities LTD$61M
- Walleye Trading LLC$58M
- University of Illinois Foundation$37M
- Fullerton Fund Management Co Ltd.$36M
Full exits 63
- CANADA PENSION PLAN INVESTMENT BOARD$121M
- Passaic Partners LLC$20M
- Cedrus Wealth Group LLC$16M
- Janney Capital Management LLC$14M
- 1832 Asset Management L.P.$12M
- Provida Pension Fund Administrator$12M
Largest adds
- GOLDMAN SACHS GROUP INC$992M
- MORGAN STANLEY$682M
- JPMORGAN CHASE & CO$538M
- BANK OF AMERICA CORP /DE/$410M
- LPL Financial LLC$371M
- CITIGROUP INC$333M
Largest trims
- HSBC HOLDINGS PLC$152M
- Hamilton Capital, LLC$63M
- CANTOR FITZGERALD, L. P.$36M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$23M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$20M
- Municipal Employees' Retirement System of Michigan$15M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 39,650,027 | $2.4B | 10.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 33,438,646 | $2.0B | 8.9% | 2026-Q1 |
| MORGAN STANLEY added | 32,617,347 | $2.0B | 8.7% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 20,741,750 | $1.3B | 5.6% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 18,187,318 | $1.1B | 4.9% | 2026-Q1 |
| LPL Financial LLC added | 15,447,428 | $946M | 4.1% | 2026-Q1 |
| UBS Group AG added | 14,472,789 | $887M | 3.9% | 2026-Q1 |
| Varma Mutual Pension Insurance Co added | 14,067,185 | $862M | 3.8% | 2026-Q1 |
| CITIGROUP INC added | 9,373,290 | $574M | 2.5% | 2026-Q1 |
| MENORA MIVTACHIM HOLDINGS LTD. trimmed | 8,673,100 | $531M | 2.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 8,119,363 | $497M | 2.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 6,576,825 | $404M | 1.8% | 2026-Q1 |
| BARCLAYS PLC added | 6,476,444 | $397M | 1.7% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 6,241,140 | $382M | 1.7% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 5,887,465 | $361M | 1.6% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 5,577,903 | $342M | 1.5% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 5,454,793 | $334M | 1.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 4,981,510 | $305M | 1.3% | 2026-Q1 |
| Saudi Central Bank | 4,321,004 | $265M | 1.2% | 2026-Q1 |
| Hamilton Capital, LLC trimmed | 4,306,753 | $264M | 1.2% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 3,811,299 | $233M | 1.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 3,622,326 | $222M | 1.0% | 2026-Q1 |
| Mizuho Bank, Ltd. added | 3,280,000 | $201M | 0.9% | 2026-Q1 |
| Focus Partners Wealth added | 3,092,580 | $189M | 0.8% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 2,701,000 | $165M | 0.7% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,689,336 | $165M | 0.7% | 2026-Q1 |
| FACTORY MUTUAL INSURANCE CO added | 2,683,330 | $164M | 0.7% | 2026-Q1 |
| Wealthfront Advisers LLC added | 2,483,501 | $152M | 0.7% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 2,450,864 | $150M | 0.7% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 2,392,565 | $148M | 0.6% | 2026-Q1 |
| Allen Investment Management, LLC added | 2,364,983 | $145M | 0.6% | 2026-Q1 |
| NORTHERN TRUST CORP added | 2,161,565 | $132M | 0.6% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 2,157,385 | $132M | 0.6% | 2026-Q1 |
| HighTower Advisors, LLC added | 2,010,195 | $123M | 0.5% | 2026-Q1 |
| Quadrature Capital Ltd added | 1,951,573 | $120M | 0.5% | 2026-Q1 |
| PGIM Custom Harvest LLC added | 1,821,657 | $112M | 0.5% | 2026-Q1 |
| Cornerstone Advisors, LLC added | 1,776,143 | $109M | 0.5% | 2026-Q1 |
| Main Management Fund Advisors LLC trimmed | 731,100 | $107M | 0.5% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,736,203 | $106M | 0.5% | 2026-Q1 |
| J.Safra Asset Management Corp added | 1,615,019 | $99M | 0.4% | 2026-Q1 |
| Capital Investment Advisors, LLC added | 1,561,870 | $96M | 0.4% | 2026-Q1 |
| Phoenix Financial Ltd. added | 1,530,654 | $94M | 0.4% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 1,522,713 | $93M | 0.4% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 1,436,875 | $88M | 0.4% | 2026-Q1 |
| MARSHALL WACE, LLP added | 1,424,284 | $87M | 0.4% | 2026-Q1 |
| Optiver Holding B.V. added | 1,377,208 | $84M | 0.4% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC added | 1,349,399 | $83M | 0.4% | 2026-Q1 |
| CWM, LLC added | 1,342,139 | $82M | 0.4% | 2026-Q1 |
| Tidal Investments LLC added | 1,314,429 | $81M | 0.4% | 2026-Q1 |
| Migdal Insurance & Financial Holdings Ltd. added | 1,282,511 | $79M | 0.3% | 2026-Q1 |
| ASSETMARK, INC added | 1,277,309 | $78M | 0.3% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 1,271,555 | $78M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 1,264,381 | $78M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 1,265,520 | $78M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 1,233,145 | $76M | 0.3% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 1,222,898 | $75M | 0.3% | 2026-Q1 |
| Squarepoint Ops LLC added | 1,204,809 | $74M | 0.3% | 2026-Q1 |
| CAPSTONE INVESTMENT ADVISORS, LLC trimmed | 1,163,460 | $71M | 0.3% | 2026-Q1 |
| Baird Financial Group, Inc. added | 1,089,625 | $67M | 0.3% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 1,168,470 | $65M | 0.3% | 2026-Q1 |
| Jump Financial, LLC added | 1,056,101 | $65M | 0.3% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 1,034,150 | $63M | 0.3% | 2026-Q1 |
| Private Advisor Group, LLC added | 1,021,790 | $63M | 0.3% | 2026-Q1 |
| VESTOR CAPITAL, LLC added | 1,010,538 | $62M | 0.3% | 2026-Q1 |
| Cerity Partners LLC added | 1,008,305 | $62M | 0.3% | 2026-Q1 |
| AGF MANAGEMENT LTD added | 1,003,155 | $61M | 0.3% | 2026-Q1 |
| STATE STREET CORP added | 999,596 | $61M | 0.3% | 2026-Q1 |
| Maven Securities LTD added | 999,976 | $61M | 0.3% | 2026-Q1 |
| ALPS ADVISORS INC trimmed | 976,586 | $60M | 0.3% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 974,509 | $60M | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 954,974 | $59M | 0.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 930,450 | $58M | 0.3% | 2026-Q1 |
| Walleye Trading LLC added | 942,096 | $58M | 0.3% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 937,281 | $57M | 0.3% | 2026-Q1 |
| FIL Ltd trimmed | 925,135 | $57M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 895,831 | $55M | 0.2% | 2026-Q1 |
| Clal Insurance Enterprises Holdings Ltd added | 879,894 | $54M | 0.2% | 2026-Q1 |
| VAN ECK ASSOCIATES CORP added | 865,302 | $53M | 0.2% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 856,827 | $52M | 0.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 852,493 | $52M | 0.2% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 851,064 | $52M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 803,000 | $49M | 0.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 778,736 | $48M | 0.2% | 2026-Q1 |
| Blue Chip Partners, LLC added | 774,638 | $47M | 0.2% | 2026-Q1 |
| TOCQUEVILLE ASSET MANAGEMENT L.P. trimmed | 773,725 | $47M | 0.2% | 2026-Q1 |
| FORBES J M & CO LLP added | 769,522 | $47M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 767,322 | $47M | 0.2% | 2026-Q1 |
| GenTrust, LLC trimmed | 755,336 | $46M | 0.2% | 2026-Q1 |
| AFFINITY WEALTH MANAGEMENT LLC trimmed | 709,517 | $43M | 0.2% | 2026-Q1 |
| OAKWORTH CAPITAL, INC. added | 681,040 | $42M | 0.2% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 671,814 | $41M | 0.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 667,157 | $41M | 0.2% | 2026-Q1 |
| RiverFront Investment Group, LLC added | 660,579 | $40M | 0.2% | 2026-Q1 |
| KCM INVESTMENT ADVISORS LLC trimmed | 646,525 | $40M | 0.2% | 2026-Q1 |
| EQUITABLE TRUST CO trimmed | 614,770 | $38M | 0.2% | 2026-Q1 |
| AE Wealth Management LLC added | 614,490 | $38M | 0.2% | 2026-Q1 |
| Cresset Asset Management, LLC added | 610,513 | $37M | 0.2% | 2026-Q1 |
| University of Illinois Foundation new | 601,034 | $37M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 2,700,000 | $121M | 0.5% | 2025-Q4 stale |
| CW Advisors, LLC added | 532,183 | $45M | 0.2% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.