Who owns XLP (XLP)
Which tracked institutional funds hold XLP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See XLP 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
295 tracked funds added or opened XLP while 182 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
XLP’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, 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 XLP more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in XLP 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 1242 tracked filers holding XLP, 564 increased or opened the position and 611 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 XLP 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 76
- SPX Gestao de Recursos Ltda$120M
- Brevan Howard Capital Management LP$49M
- Jain Global LLC$49M
- Banco BTG Pactual S.A.$29M
- POTOMAC FUND MANAGEMENT INC /ADV$25M
- CAPITAL FUND MANAGEMENT S.A.$23M
Full exits 59
- MARSHALL WACE, LLP$46M
- BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp$25M
- GTS SECURITIES LLC$21M
- 1832 Asset Management L.P.$20M
- Hudson Bay Capital Management LP$14M
- Janney Capital Management LLC$13M
Largest adds
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$269M
- MILLENNIUM MANAGEMENT LLC$247M
- BANK OF AMERICA CORP /DE/$205M
- MORGAN STANLEY$190M
- CIBC WORLD MARKET INC.$152M
- JPMORGAN CHASE & CO$109M
Largest trims
- CITIGROUP INC$1.3B
- BNP PARIBAS FINANCIAL MARKETS$636M
- BARCLAYS PLC$399M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$220M
- GOLDMAN SACHS GROUP INC$164M
- Caisse de depot et placement du Quebec$129M
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/ added | 24,702,456 | $2.0B | 15.1% | 2026-Q1 |
| MORGAN STANLEY added | 10,324,792 | $846M | 6.3% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 9,654,456 | $791M | 5.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 8,782,677 | $720M | 5.4% | 2026-Q1 |
| UBS Group AG added | 5,687,945 | $466M | 3.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 5,449,335 | $447M | 3.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 5,389,729 | $442M | 3.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 5,180,524 | $425M | 3.2% | 2026-Q1 |
| CITIGROUP INC trimmed | 5,046,672 | $414M | 3.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 4,981,721 | $408M | 3.0% | 2026-Q1 |
| LPL Financial LLC added | 4,345,177 | $356M | 2.7% | 2026-Q1 |
| MENORA MIVTACHIM HOLDINGS LTD. trimmed | 4,011,547 | $329M | 2.5% | 2026-Q1 |
| BARCLAYS PLC trimmed | 3,434,526 | $282M | 2.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 3,226,673 | $265M | 2.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 3,198,124 | $258M | 1.9% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 3,138,094 | $257M | 1.9% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 3,042,764 | $249M | 1.9% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 2,860,644 | $235M | 1.8% | 2026-Q1 |
| WestEnd Advisors, LLC added | 2,828,614 | $232M | 1.7% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,626,284 | $215M | 1.6% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 2,046,080 | $168M | 1.3% | 2026-Q1 |
| NATIXIS added | 2,026,060 | $166M | 1.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 1,796,488 | $147M | 1.1% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 1,788,624 | $147M | 1.1% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,489,200 | $122M | 0.9% | 2026-Q1 |
| SPX Gestao de Recursos Ltda added | 1,466,111 | $120M | 0.9% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,258,760 | $103M | 0.8% | 2026-Q1 |
| NISSAY ASSET MANAGEMENT CORP /JAPAN trimmed | 1,222,730 | $100M | 0.7% | 2026-Q1 |
| Rokos Capital Management LLP added | 1,115,233 | $91M | 0.7% | 2026-Q1 |
| Fisher Asset Management, LLC trimmed | 1,046,296 | $86M | 0.6% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 983,502 | $81M | 0.6% | 2026-Q1 |
| Saudi Central Bank | 963,581 | $79M | 0.6% | 2026-Q1 |
| PGIM Custom Harvest LLC added | 946,132 | $78M | 0.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 888,860 | $73M | 0.5% | 2026-Q1 |
| ALPS ADVISORS INC added | 712,504 | $58M | 0.4% | 2026-Q1 |
| AGF MANAGEMENT LTD trimmed | 679,126 | $56M | 0.4% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 673,653 | $55M | 0.4% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 663,139 | $54M | 0.4% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 600,000 | $49M | 0.4% | 2026-Q1 |
| Jain Global LLC added | 594,846 | $49M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 594,760 | $49M | 0.4% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 571,179 | $47M | 0.3% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 557,389 | $46M | 0.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 521,228 | $43M | 0.3% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 500,000 | $41M | 0.3% | 2026-Q1 |
| Advisory Alpha, LLC added | 486,217 | $40M | 0.3% | 2026-Q1 |
| Conservest Capital Advisors, Inc. trimmed | 475,085 | $39M | 0.3% | 2026-Q1 |
| GREENWOOD GEARHART LLC added | 463,621 | $38M | 0.3% | 2026-Q1 |
| Phoenix Financial Ltd. trimmed | 450,987 | $37M | 0.3% | 2026-Q1 |
| Gerber Kawasaki Wealth & Investment Management added | 447,166 | $37M | 0.3% | 2026-Q1 |
| KCM INVESTMENT ADVISORS LLC trimmed | 407,834 | $33M | 0.2% | 2026-Q1 |
| Trust Asset Management LLC trimmed | 391,133 | $32M | 0.2% | 2026-Q1 |
| STATE STREET CORP trimmed | 364,180 | $30M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 363,167 | $30M | 0.2% | 2026-Q1 |
| Banco BTG Pactual S.A. added | 353,600 | $29M | 0.2% | 2026-Q1 |
| MIRAE ASSET SECURITIES (USA) INC. | 350,000 | $29M | 0.2% | 2026-Q1 |
| ASSETMARK, INC trimmed | 345,886 | $28M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 341,978 | $28M | 0.2% | 2026-Q1 |
| GRIMES & Co WEALTH MANAGEMENT, LLC added | 331,139 | $27M | 0.2% | 2026-Q1 |
| POTOMAC FUND MANAGEMENT INC /ADV added | 302,748 | $25M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 289,520 | $24M | 0.2% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 283,043 | $23M | 0.2% | 2026-Q1 |
| Trilogy Capital Inc. added | 269,982 | $22M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 252,063 | $21M | 0.2% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 248,739 | $20M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 248,501 | $20M | 0.2% | 2026-Q1 |
| Galvin, Gaustad & Stein, LLC new | 243,323 | $20M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC added | 237,629 | $19M | 0.1% | 2026-Q1 |
| J. Goldman & Co LP trimmed | 235,456 | $19M | 0.1% | 2026-Q1 |
| Krilogy Financial LLC trimmed | 234,079 | $19M | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC added | 228,120 | $19M | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 225,575 | $18M | 0.1% | 2026-Q1 |
| RiverFront Investment Group, LLC added | 223,274 | $18M | 0.1% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 220,946 | $18M | 0.1% | 2026-Q1 |
| Kingsview Wealth Management, LLC trimmed | 217,829 | $18M | 0.1% | 2026-Q1 |
| Quantitative Investment Management, LLC trimmed | 215,934 | $18M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP trimmed | 214,658 | $18M | 0.1% | 2026-Q1 |
| Passaic Partners LLC trimmed | 209,780 | $17M | 0.1% | 2026-Q1 |
| BlueStem Wealth Partners, LLC added | 200,243 | $16M | 0.1% | 2026-Q1 |
| Perbak Capital Partners LLP trimmed | 199,409 | $16M | 0.1% | 2026-Q1 |
| Baird Financial Group, Inc. added | 196,808 | $16M | 0.1% | 2026-Q1 |
| ARMSTRONG ADVISORY GROUP, INC trimmed | 195,321 | $16M | 0.1% | 2026-Q1 |
| Biltmore Wealth Management, LLC added | 194,440 | $16M | 0.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 193,924 | $16M | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 193,365 | $16M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 192,948 | $16M | 0.1% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP trimmed | 188,287 | $15M | 0.1% | 2026-Q1 |
| Estate Counselors, LLC trimmed | 185,026 | $15M | 0.1% | 2026-Q1 |
| CHURCHILL MANAGEMENT Corp added | 2,344,665 | $190M | 1.4% | 2025-Q2 stale |
| Temasek Holdings (Private) Ltd added | 942,195 | $76M | 0.6% | 2025-Q2 stale |
| Candlestick Capital Management LP added | 965,050 | $76M | 0.6% | 2025-Q3 stale |
| Quadrature Capital Ltd added | 859,020 | $67M | 0.5% | 2025-Q3 stale |
| CW Advisors, LLC added | 631,465 | $51M | 0.4% | 2025-Q2 stale |
| MARSHALL WACE, LLP added | 593,277 | $46M | 0.3% | 2025-Q4 stale |
| Squarepoint Ops LLC trimmed | 380,470 | $30M | 0.2% | 2025-Q3 stale |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 316,000 | $25M | 0.2% | 2025-Q4 stale |
| GTS SECURITIES LLC added | 276,215 | $21M | 0.2% | 2025-Q4 stale |
| 1832 Asset Management L.P. trimmed | 256,262 | $20M | 0.1% | 2025-Q4 stale |
| Full Sail Capital, LLC trimmed | 209,024 | $16M | 0.1% | 2025-Q3 stale |
| Lighthouse Investment Partners, LLC added | 197,554 | $15M | 0.1% | 2025-Q3 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.