Who owns XLG (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-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 XLG is one-sided between 2025-Q4 and 2026-Q1: 44 added or opened and 261 trimmed or exited — on balance reducing.
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 0.1pp 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 2025-Q4 and 2026-Q1, across 561 tracked filers holding XLG, 211 increased or opened the position and 379 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 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 14
- Tulsa Wealth Advisors, INC$25M
- TWO SIGMA INVESTMENTS, LP$12M
- Jump Financial, LLC$8M
- JANE STREET GROUP, LLC$8M
- TRB Wealth Management, LLC$4M
- TWO SIGMA SECURITIES, LLC$4M
Full exits 71
- Bank of New York Mellon Corp$147M
- Austin Private Wealth, LLC$58M
- C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors$40M
- Horst & Graben Wealth Management LLC$25M
- Global Retirement Partners, LLC$23M
- IFG Advisory, LLC$17M
Largest adds
- One Capital Management, LLC$24M
- Farther Finance Advisors, LLC$20M
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$20M
- GOLDMAN SACHS GROUP INC$13M
- CITIGROUP INC$7M
- HighTower Advisors, LLC$6M
Largest trims
- JPMORGAN CHASE & CO$189M
- LPL Financial LLC$140M
- BANK OF AMERICA CORP /DE/$88M
- Advocacy Wealth Management, LLC$68M
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC$64M
- MORGAN STANLEY$59M
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 |
|---|---|---|---|---|
| LPL Financial LLC trimmed | 9,990,301 | $545M | 12.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 6,506,378 | $355M | 8.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 3,506,546 | $191M | 4.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,226,423 | $176M | 4.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,855,522 | $156M | 3.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 2,698,584 | $147M | 3.5% | 2026-Q1 |
| Principle Wealth Partners LLC added | 2,552,987 | $139M | 3.3% | 2026-Q1 |
| Johnson Financial Group, Inc. added | 2,071,676 | $113M | 2.7% | 2026-Q1 |
| UBS Group AG trimmed | 1,849,717 | $101M | 2.4% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,622,195 | $88M | 2.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,569,561 | $86M | 2.0% | 2026-Q1 |
| MEANS INVESTMENT CO., INC. added | 1,564,330 | $85M | 2.0% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,445,107 | $79M | 1.9% | 2026-Q1 |
| Lido Advisors, LLC added | 1,327,458 | $72M | 1.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 1,190,851 | $65M | 1.5% | 2026-Q1 |
| Bogart Wealth, LLC added | 1,099,124 | $60M | 1.4% | 2026-Q1 |
| Invesco Ltd. trimmed | 1,009,458 | $55M | 1.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,006,728 | $55M | 1.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 898,421 | $49M | 1.1% | 2026-Q1 |
| Clearstead Advisors, LLC trimmed | 874,839 | $48M | 1.1% | 2026-Q1 |
| Demars Financial Group, LLC trimmed | 775,044 | $42M | 1.0% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 740,807 | $40M | 0.9% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 758,507 | $40M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 715,419 | $39M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 733,408 | $39M | 0.9% | 2026-Q1 |
| One Capital Management, LLC added | 704,917 | $38M | 0.9% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 692,477 | $38M | 0.9% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 654,624 | $36M | 0.8% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 657,981 | $36M | 0.8% | 2026-Q1 |
| CITIGROUP INC added | 597,334 | $33M | 0.8% | 2026-Q1 |
| Cedar Wealth Management, LLC added | 582,044 | $32M | 0.7% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 570,840 | $31M | 0.7% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 485,942 | $27M | 0.6% | 2026-Q1 |
| Tulsa Wealth Advisors, INC new | 460,984 | $25M | 0.6% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 450,103 | $25M | 0.6% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. added | 449,000 | $24M | 0.6% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 409,644 | $22M | 0.5% | 2026-Q1 |
| Core Wealth Advisors, Inc. added | 389,962 | $21M | 0.5% | 2026-Q1 |
| Equitable Holdings, Inc. added | 357,860 | $21M | 0.5% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 365,616 | $20M | 0.5% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 359,458 | $20M | 0.5% | 2026-Q1 |
| ASHTON THOMAS SECURITIES, LLC added | 356,650 | $19M | 0.5% | 2026-Q1 |
| QUATTRO FINANCIAL ADVISORS LLC trimmed | 337,753 | $18M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 317,124 | $17M | 0.4% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 303,848 | $17M | 0.4% | 2026-Q1 |
| Segment Wealth Management, LLC trimmed | 292,992 | $16M | 0.4% | 2026-Q1 |
| Gladstone Institutional Advisory LLC trimmed | 288,519 | $16M | 0.4% | 2026-Q1 |
| Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. added | 253,123 | $14M | 0.3% | 2026-Q1 |
| Cyr Financial Inc. added | 250,019 | $14M | 0.3% | 2026-Q1 |
| Integrated Wealth Concepts LLC trimmed | 237,167 | $13M | 0.3% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 235,828 | $13M | 0.3% | 2026-Q1 |
| THOROUGHBRED FINANCIAL SERVICES, LLC added | 228,995 | $12M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 225,383 | $12M | 0.3% | 2026-Q1 |
| Green Ridge Wealth Planning LLC added | 222,205 | $12M | 0.3% | 2026-Q1 |
| CENTAURUS FINANCIAL, INC. added | 215,811 | $12M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 213,450 | $12M | 0.3% | 2026-Q1 |
| Summit Financial, LLC trimmed | 208,149 | $11M | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 206,106 | $11M | 0.3% | 2026-Q1 |
| Estate Planners Group, LLC added | 204,418 | $11M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 191,479 | $10M | 0.2% | 2026-Q1 |
| LIGHTHOUSE FINANCIAL SERVICES INC /ADV added | 172,963 | $10M | 0.2% | 2026-Q1 |
| JSF Financial, LLC added | 179,305 | $10M | 0.2% | 2026-Q1 |
| PRECEDENT WEALTH PARTNERS, LLC trimmed | 175,102 | $10M | 0.2% | 2026-Q1 |
| Seros Financial, LLC added | 172,669 | $9M | 0.2% | 2026-Q1 |
| Vision Retirement, LLC added | 170,625 | $9M | 0.2% | 2026-Q1 |
| KPP Advisory Services LLC added | 166,900 | $9M | 0.2% | 2026-Q1 |
| World Investment Advisors added | 164,652 | $9M | 0.2% | 2026-Q1 |
| Atria Investments, Inc trimmed | 157,863 | $9M | 0.2% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 156,866 | $9M | 0.2% | 2026-Q1 |
| Jump Financial, LLC new | 153,413 | $8M | 0.2% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC trimmed | 150,418 | $8M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 149,439 | $8M | 0.2% | 2026-Q1 |
| Jackson Wealth Management, LLC added | 146,234 | $8M | 0.2% | 2026-Q1 |
| M1 Capital Management LLC added | 145,576 | $8M | 0.2% | 2026-Q1 |
| Concurrent Investment Advisors, LLC trimmed | 141,185 | $8M | 0.2% | 2026-Q1 |
| Stratos Wealth Advisors, LLC trimmed | 139,322 | $8M | 0.2% | 2026-Q1 |
| Lifelong Wealth Advisors, Inc. added | 138,803 | $8M | 0.2% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 137,242 | $7M | 0.2% | 2026-Q1 |
| TSFG, LLC trimmed | 136,176 | $7M | 0.2% | 2026-Q1 |
| Snowden Capital Advisors LLC trimmed | 128,701 | $7M | 0.2% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,479,520 | $147M | 3.4% | 2025-Q4 stale |
| Austin Private Wealth, LLC added | 985,939 | $58M | 1.4% | 2025-Q4 stale |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors added | 668,465 | $40M | 0.9% | 2025-Q4 stale |
| CW Advisors, LLC added | 719,865 | $38M | 0.9% | 2025-Q2 stale |
| Apexium Financial, LP added | 560,842 | $32M | 0.8% | 2025-Q3 stale |
| Horst & Graben Wealth Management LLC added | 421,968 | $25M | 0.6% | 2025-Q4 stale |
| Global Retirement Partners, LLC added | 383,897 | $23M | 0.5% | 2025-Q4 stale |
| IFG Advisory, LLC added | 280,299 | $17M | 0.4% | 2025-Q4 stale |
| BANK HAPOALIM BM | 262,000 | $16M | 0.4% | 2025-Q4 stale |
| Bricktown Capital, LLC | 283,766 | $15M | 0.3% | 2025-Q2 stale |
| Security Financial Services, INC. added | 247,258 | $15M | 0.3% | 2025-Q4 stale |
| Wolf Group Capital Advisors added | 318,090 | $15M | 0.3% | 2025-Q1 stale |
| HRT FINANCIAL LP added | 224,415 | $13M | 0.3% | 2025-Q4 stale |
| PARK AVENUE SECURITIES LLC added | 183,724 | $11M | 0.3% | 2025-Q4 stale |
| Consolidated Portfolio Review Corp added | 168,296 | $10M | 0.2% | 2025-Q3 stale |
| Elevation Capital Advisory, LLC added | 161,707 | $10M | 0.2% | 2025-Q4 stale |
| CAPSTONE WEALTH MANAGEMENT GROUP, LLC trimmed | 161,674 | $10M | 0.2% | 2025-Q4 stale |
| MANCHESTER FINANCIAL INC added | 206,869 | $10M | 0.2% | 2025-Q1 stale |
| Hobbs Wealth Management, LLC added | 157,257 | $9M | 0.2% | 2025-Q4 stale |
| MARSHALL WACE, LLP added | 136,616 | $7M | 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.