Who owns XLG
Which tracked institutional funds hold XLG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XLG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
151 tracked funds added or opened XLG while 66 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
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
XLG’s largest tracked holder by dollar value, LPL Financial LLC, sizes it at 0.1% 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 XLG more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XLG 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 2026-Q1 and 2026-Q2, across 568 tracked filers holding XLG, 250 increased or opened the position and 285 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 XLG between the 2026-Q1 and 2026-Q2 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 15
- Global Retirement Partners, LLC$25M
- D. E. Shaw & Co., Inc.$10M
- Ameritas Advisory Services, LLC$9M
- Savvy Advisors, Inc.$6M
- BASSO CAPITAL MANAGEMENT, L.P.$5M
- IFG Advisory, LLC$4M
Full exits 21
- HighTower Advisors, LLC$49M
- Cambridge Investment Research Advisors, Inc.$17M
- Integrated Wealth Concepts LLC$13M
- THOROUGHBRED FINANCIAL SERVICES, LLC$12M
- CENTAURUS FINANCIAL, INC.$12M
- M1 Capital Management LLC$8M
Largest adds
- JPMORGAN CHASE & CO$395M
- MORGAN STANLEY$36M
- LPL Financial LLC$33M
- ROYAL BANK OF CANADA$32M
- Johnson Financial Group, Inc.$25M
- WELLS FARGO & COMPANY/MN$20M
Largest trims
- UBS Group AG$21M
- GOLDMAN SACHS GROUP INC$16M
- Kestra Advisory Services, LLC$15M
- ASHTON THOMAS SECURITIES, LLC$12M
- TWO SIGMA INVESTMENTS, LP$11M
- Jackson Wealth Management, LLC$8M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 9,447,300 | $578M | 12.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 7,169,840 | $434M | 9.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,378,648 | $391M | 8.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,445,571 | $211M | 4.7% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,095,951 | $190M | 4.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 2,774,385 | $170M | 3.8% | 2026-Q2 |
| Principle Wealth Partners LLC added | 2,592,959 | $159M | 3.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. trimmed | 2,378,244 | $146M | 3.2% | 2026-Q2 |
| Johnson Financial Group, Inc. added | 2,255,508 | $138M | 3.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,921,389 | $118M | 2.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,689,089 | $103M | 2.3% | 2026-Q2 |
| MEANS INVESTMENT CO., INC. added | 1,624,685 | $99M | 2.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,370,284 | $85M | 1.9% | 2026-Q2 |
| UBS Group AG trimmed | 1,300,255 | $80M | 1.8% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 1,257,704 | $77M | 1.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,122,247 | $69M | 1.5% | 2026-Q2 |
| Bogart Wealth, LLC added | 1,120,730 | $69M | 1.5% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,074,733 | $66M | 1.5% | 2026-Q2 |
| Invesco Ltd. trimmed | 931,939 | $57M | 1.3% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 887,762 | $54M | 1.2% | 2026-Q2 |
| Clearstead Advisors, LLC trimmed | 865,654 | $53M | 1.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 837,467 | $50M | 1.1% | 2026-Q2 |
| Demars Financial Group, LLC added | 776,421 | $48M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers added | 746,104 | $46M | 1.0% | 2026-Q2 |
| CITIGROUP INC added | 745,845 | $46M | 1.0% | 2026-Q2 |
| One Capital Management, LLC | 704,917 | $38M | 0.9% | 2026-Q2 |
| Private Advisor Group, LLC added | 664,341 | $41M | 0.9% | 2026-Q2 |
| Farther Finance Advisors, LLC trimmed | 607,616 | $37M | 0.8% | 2026-Q2 |
| Cedar Wealth Management, LLC added | 588,062 | $36M | 0.8% | 2026-Q2 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC added | 575,169 | $35M | 0.8% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 449,071 | $27M | 0.6% | 2026-Q2 |
| Global Retirement Partners, LLC added | 412,914 | $25M | 0.6% | 2026-Q2 |
| Core Wealth Advisors, Inc. added | 402,306 | $25M | 0.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 374,672 | $23M | 0.5% | 2026-Q2 |
| EP Wealth Advisors, LLC trimmed | 343,570 | $21M | 0.5% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 342,322 | $21M | 0.5% | 2026-Q2 |
| QUATTRO FINANCIAL ADVISORS LLC added | 337,860 | $21M | 0.5% | 2026-Q2 |
| Tulsa Wealth Advisors, INC trimmed | 326,731 | $20M | 0.4% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 318,702 | $20M | 0.4% | 2026-Q2 |
| Segment Wealth Management, LLC added | 305,742 | $19M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 291,213 | $18M | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 289,297 | $18M | 0.4% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 280,000 | $17M | 0.4% | 2026-Q2 |
| Gladstone Institutional Advisory LLC trimmed | 276,809 | $17M | 0.4% | 2026-Q2 |
| FIDUCIARY FINANCIAL ADVISORS added | 275,854 | $17M | 0.4% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 272,205 | $17M | 0.4% | 2026-Q2 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. added | 268,713 | $16M | 0.4% | 2026-Q2 |
| Cyr Financial Inc. added | 266,804 | $16M | 0.4% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 239,838 | $15M | 0.3% | 2026-Q2 |
| Green Ridge Wealth Planning LLC added | 228,719 | $14M | 0.3% | 2026-Q2 |
| Estate Planners Group, LLC added | 208,582 | $13M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 200,437 | $12M | 0.3% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 198,614 | $12M | 0.3% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 191,225 | $12M | 0.3% | 2026-Q2 |
| JSF Financial, LLC added | 186,891 | $11M | 0.3% | 2026-Q2 |
| Summit Financial, LLC trimmed | 181,462 | $11M | 0.2% | 2026-Q2 |
| LIGHTHOUSE FINANCIAL SERVICES INC /ADV added | 176,958 | $11M | 0.2% | 2026-Q2 |
| Seros Financial, LLC added | 176,305 | $11M | 0.2% | 2026-Q2 |
| Vision Retirement, LLC added | 174,996 | $11M | 0.2% | 2026-Q2 |
| KPP Advisory Services LLC added | 173,685 | $11M | 0.2% | 2026-Q2 |
| PRECEDENT WEALTH PARTNERS, LLC trimmed | 173,358 | $11M | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 164,372 | $9M | 0.2% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 158,316 | $10M | 0.2% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 155,798 | $10M | 0.2% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 152,001 | $9M | 0.2% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 148,505 | $9M | 0.2% | 2026-Q2 |
| JOHNSON INVESTMENT COUNSEL INC trimmed | 148,018 | $9M | 0.2% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 147,911 | $9M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 140,926 | $9M | 0.2% | 2026-Q2 |
| D.A. DAVIDSON & CO. added | 139,502 | $9M | 0.2% | 2026-Q2 |
| FLAGSHIP WEALTH ADVISORS, LLC added | 135,600 | $8M | 0.2% | 2026-Q2 |
| Stratos Wealth Advisors, LLC trimmed | 134,237 | $8M | 0.2% | 2026-Q2 |
| PMG Wealth Management, Inc. trimmed | 125,829 | $8M | 0.2% | 2026-Q2 |
| ASHTON THOMAS SECURITIES, LLC trimmed | 123,103 | $8M | 0.2% | 2026-Q2 |
| Snowden Capital Advisors LLC trimmed | 121,540 | $7M | 0.2% | 2026-Q2 |
| Crescent Grove Advisors, LLC | 117,638 | $7M | 0.2% | 2026-Q2 |
| IFC & Insurance Marketing, Inc. added | 113,274 | $7M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 112,349 | $7M | 0.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec added | 110,063 | $7M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 109,818 | $7M | 0.1% | 2026-Q2 |
| Gotham Asset Management, LLC | 105,818 | $6M | 0.1% | 2026-Q2 |
| Sage Mountain Advisors LLC trimmed | 104,090 | $6M | 0.1% | 2026-Q2 |
| INTEGRITY ALLIANCE, LLC. added | 103,872 | $6M | 0.1% | 2026-Q2 |
| Savvy Advisors, Inc. added | 98,864 | $6M | 0.1% | 2026-Q2 |
| Aspire Capital Advisors LLC added | 94,434 | $6M | 0.1% | 2026-Q2 |
| Atria Investments, Inc trimmed | 93,174 | $6M | 0.1% | 2026-Q2 |
| Comprehensive Financial Planning, Inc./PA added | 92,770 | $6M | 0.1% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC added | 91,730 | $6M | 0.1% | 2026-Q2 |
| Bawa N Mallick Trust | 90,000 | $6M | 0.1% | 2026-Q2 |
| LEAVELL INVESTMENT MANAGEMENT, INC. trimmed | 88,334 | $5M | 0.1% | 2026-Q2 |
| Mutual Advisors, LLC trimmed | 87,793 | $5M | 0.1% | 2026-Q2 |
| VestGen Advisors, LLC added | 87,602 | $5M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 87,376 | $5M | 0.1% | 2026-Q2 |
| BASSO CAPITAL MANAGEMENT, L.P. new | 86,797 | $5M | 0.1% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. trimmed | 84,361 | $5M | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 83,108 | $5M | 0.1% | 2026-Q2 |
| GTS SECURITIES LLC added | 82,727 | $5M | 0.1% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 80,790 | $5M | 0.1% | 2026-Q2 |
| Pinnacle Family Advisors, LLC added | 80,545 | $5M | 0.1% | 2026-Q2 |
| Ackerman Asset Management, LLC trimmed | 78,951 | $5M | 0.1% | 2026-Q2 |
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.