Who owns State Street(R) Industrial Select Sector SPDR(R) ETF (XLI)
Which tracked institutional funds hold XLI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XLI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 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 XLI is one-sided between 2026-Q1 and 2026-Q2: 583 added or opened and 179 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
XLI’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 0.3% of theirs — a 0.1pp gap the other way — the median holder sizes XLI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XLI 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 1593 tracked filers holding XLI, 823 increased or opened the position and 658 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 XLI 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 91
- NISSAY ASSET MANAGEMENT CORP /JAPAN$252M
- MKP Capital Management, L.L.C.$38M
- SummitTX Capital, L.P.$36M
- Modern Wealth Management, LLC$29M
- WESTWOOD HOLDINGS GROUP INC$22M
- Bluespring Wealth Management, LLC$16M
Full exits 100
- Harel Insurance Investments & Financial Services Ltd.$474M
- Main Management ETF Advisors, LLC$227M
- Qube Research & Technologies Ltd$96M
- Clal Insurance Enterprises Holdings Ltd$92M
- Perbak Capital Partners LLP$75M
- BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp$66M
Largest adds
- BANK OF AMERICA CORP /DE/$353M
- Phoenix Financial Ltd.$328M
- Migdal Insurance & Financial Holdings Ltd.$269M
- WELLS FARGO & COMPANY/MN$267M
- BNP PARIBAS FINANCIAL MARKETS$259M
- Fisher Asset Management, LLC$234M
Largest trims
- GOLDMAN SACHS GROUP INC$169M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$168M
- CIBC WORLD MARKET INC.$128M
- RENAISSANCE TECHNOLOGIES LLC$107M
- MILLENNIUM MANAGEMENT LLC$69M
- MIRAE ASSET SECURITIES (USA) INC.$40M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 12,665,769 | $2.3B | 10.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 10,618,290 | $2.0B | 8.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 9,182,613 | $1.7B | 7.2% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 8,208,436 | $1.5B | 6.5% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 6,096,984 | $1.1B | 4.8% | 2026-Q2 |
| LPL Financial LLC added | 5,327,652 | $987M | 4.2% | 2026-Q2 |
| Migdal Insurance & Financial Holdings Ltd. added | 4,955,697 | $918M | 3.9% | 2026-Q2 |
| UBS Group AG trimmed | 4,628,620 | $857M | 3.7% | 2026-Q2 |
| Phoenix Financial Ltd. added | 4,234,423 | $784M | 3.4% | 2026-Q2 |
| Fisher Asset Management, LLC added | 3,847,445 | $713M | 3.1% | 2026-Q2 |
| CITIGROUP INC trimmed | 3,770,566 | $698M | 3.0% | 2026-Q2 |
| MENORA MIVTACHIM HOLDINGS LTD. trimmed | 3,592,360 | $665M | 2.9% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 3,450,493 | $639M | 2.7% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 2,864,517 | $531M | 2.3% | 2026-Q2 |
| Focus Partners Wealth added | 2,444,075 | $453M | 1.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,403,645 | $445M | 1.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,326,200 | $431M | 1.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,275,926 | $422M | 1.8% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 1,775,629 | $329M | 1.4% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 1,632,498 | $302M | 1.3% | 2026-Q2 |
| ING GROEP NV | 1,419,576 | $263M | 1.1% | 2026-Q2 |
| NISSAY ASSET MANAGEMENT CORP /JAPAN added | 1,359,335 | $252M | 1.1% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 1,320,000 | $245M | 1.0% | 2026-Q2 |
| PGIM Custom Harvest LLC added | 1,311,071 | $243M | 1.0% | 2026-Q2 |
| MEITAV INVESTMENT HOUSE LTD trimmed | 1,250,129 | $232M | 1.0% | 2026-Q2 |
| STATE STREET CORP added | 1,099,118 | $204M | 0.9% | 2026-Q2 |
| MARSHALL WACE, LLP added | 845,410 | $157M | 0.7% | 2026-Q2 |
| BARCLAYS PLC added | 834,565 | $155M | 0.7% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 748,610 | $139M | 0.6% | 2026-Q2 |
| CIBC WORLD MARKET INC. trimmed | 717,105 | $133M | 0.6% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 689,782 | $128M | 0.5% | 2026-Q2 |
| Cetera Investment Advisers added | 678,480 | $126M | 0.5% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 632,441 | $117M | 0.5% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 578,586 | $107M | 0.5% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 538,815 | $100M | 0.4% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 477,535 | $88M | 0.4% | 2026-Q2 |
| NORTHERN TRUST CORP added | 460,313 | $85M | 0.4% | 2026-Q2 |
| RiverFront Investment Group, LLC added | 443,464 | $82M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 442,809 | $82M | 0.4% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 414,229 | $77M | 0.3% | 2026-Q2 |
| BlackRock, Inc. trimmed | 397,278 | $74M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 386,211 | $72M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 370,646 | $69M | 0.3% | 2026-Q2 |
| TD Asset Management Inc | 352,600 | $65M | 0.3% | 2026-Q2 |
| MIRAE ASSET SECURITIES (USA) INC. trimmed | 352,289 | $65M | 0.3% | 2026-Q2 |
| NATIXIS trimmed | 351,091 | $65M | 0.3% | 2026-Q2 |
| Trust Asset Management LLC added | 344,214 | $64M | 0.3% | 2026-Q2 |
| J.Safra Asset Management Corp added | 335,937 | $62M | 0.3% | 2026-Q2 |
| GRIMES & Co WEALTH MANAGEMENT, LLC added | 335,833 | $62M | 0.3% | 2026-Q2 |
| FACTORY MUTUAL INSURANCE CO trimmed | 332,380 | $62M | 0.3% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 332,059 | $62M | 0.3% | 2026-Q2 |
| SRB CORP added | 310,583 | $58M | 0.2% | 2026-Q2 |
| Advisory Alpha, LLC trimmed | 310,256 | $57M | 0.2% | 2026-Q2 |
| Itau Unibanco Holding S.A. added | 299,159 | $55M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 281,240 | $51M | 0.2% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 270,040 | $50M | 0.2% | 2026-Q2 |
| FIL Ltd added | 267,259 | $50M | 0.2% | 2026-Q2 |
| Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD trimmed | 263,992 | $49M | 0.2% | 2026-Q2 |
| KCM INVESTMENT ADVISORS LLC trimmed | 263,844 | $49M | 0.2% | 2026-Q2 |
| GREENWOOD GEARHART LLC added | 260,568 | $48M | 0.2% | 2026-Q2 |
| Cerity Partners LLC trimmed | 251,043 | $47M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 243,147 | $45M | 0.2% | 2026-Q2 |
| Allianz Asset Management GmbH | 236,650 | $38M | 0.2% | 2026-Q2 |
| Horizon Wealth Management, LLC added | 230,058 | $43M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 225,347 | $42M | 0.2% | 2026-Q2 |
| AlphaStar Capital Management, LLC added | 215,982 | $40M | 0.2% | 2026-Q2 |
| Biltmore Wealth Management, LLC added | 213,900 | $40M | 0.2% | 2026-Q2 |
| Trek Financial, LLC added | 213,832 | $40M | 0.2% | 2026-Q2 |
| Foundations Investment Advisors, LLC added | 212,312 | $39M | 0.2% | 2026-Q2 |
| MKP Capital Management, L.L.C. new | 207,500 | $38M | 0.2% | 2026-Q2 |
| New Harbor Financial Group, LLC added | 203,706 | $38M | 0.2% | 2026-Q2 |
| MONEY CONCEPTS CAPITAL CORP added | 200,680 | $37M | 0.2% | 2026-Q2 |
| SummitTX Capital, L.P. added | 193,167 | $36M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 187,772 | $35M | 0.1% | 2026-Q2 |
| SCOTIA CAPITAL INC. added | 178,962 | $33M | 0.1% | 2026-Q2 |
| FMR LLC added | 167,937 | $31M | 0.1% | 2026-Q2 |
| Equitable Holdings, Inc. added | 165,640 | $31M | 0.1% | 2026-Q2 |
| Stonebridge Financial Group, LLC added | 164,145 | $30M | 0.1% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 161,630 | $30M | 0.1% | 2026-Q2 |
| ARMSTRONG ADVISORY GROUP, INC added | 160,828 | $30M | 0.1% | 2026-Q2 |
| Modern Wealth Management, LLC added | 158,546 | $29M | 0.1% | 2026-Q2 |
| BAR HARBOR WEALTH MANAGEMENT trimmed | 156,128 | $29M | 0.1% | 2026-Q2 |
| Gerber Kawasaki Wealth & Investment Management added | 155,894 | $29M | 0.1% | 2026-Q2 |
| Creative Planning added | 153,803 | $28M | 0.1% | 2026-Q2 |
| Trilogy Capital Inc. added | 153,796 | $28M | 0.1% | 2026-Q2 |
| Bellwether Advisors, LLC trimmed | 152,772 | $28M | 0.1% | 2026-Q2 |
| Tradewinds Capital Management, LLC added | 147,946 | $27M | 0.1% | 2026-Q2 |
| OPPENHEIMER ASSET MANAGEMENT INC. added | 145,840 | $27M | 0.1% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 143,569 | $27M | 0.1% | 2026-Q2 |
| AE Wealth Management LLC added | 143,112 | $27M | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 142,256 | $26M | 0.1% | 2026-Q2 |
| &PARTNERS added | 140,658 | $26M | 0.1% | 2026-Q2 |
| Robertson Stephens Wealth Management, LLC trimmed | 138,817 | $26M | 0.1% | 2026-Q2 |
| Concord Investment Counsel Inc. added | 137,693 | $26M | 0.1% | 2026-Q2 |
| WCG Wealth Advisors LLC added | 136,380 | $25M | 0.1% | 2026-Q2 |
| Sanctuary Advisors, LLC added | 134,624 | $25M | 0.1% | 2026-Q2 |
| FERGUSON WELLMAN CAPITAL MANAGEMENT, INC trimmed | 132,696 | $25M | 0.1% | 2026-Q2 |
| NewSquare Capital LLC added | 130,436 | $24M | 0.1% | 2026-Q2 |
| Krilogy Financial LLC trimmed | 128,932 | $24M | 0.1% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 128,857 | $24M | 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.