Avoro Capital Advisors’s State Street SPDR S&P Biotech ETF XBI Stock Holding History

Avoro Capital Advisors’s Portfolio XBI Stock Details XBI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-2,100,000	Closed	-$256M	–	38
2025 Q4	$256M	Buy	+2,100,000	New	+$241M	2.52%	14
2024 Q3	–	Sell	-3,035,000	Closed	-$281M	–	41
2024 Q2	$281M	Sell	3,035,000 -1,265,000	-29%	-$113M	3.75%	10
2024 Q1	$408M	Sell	4,300,000 -144,444	-3%	-$13.4M	4.76%	8
2023 Q4	$397M	Buy	+4,444,444	New	+$330M	5.48%	8
2022 Q3	–	Sell	-900,000	Closed	-$66.8M	–	40
2022 Q2	$66.8M	Sell	900,000 -2,150,000	-70%	-$161M	1.32%	19
2022 Q1	$274M	Buy	3,050,000 +2,000,000	+190%	+$185M	5%	6
2021 Q4	$118M	Buy	+1,050,000	New	+$127M	2%	15

Other funds holding XBI

BNP Paribas Financial Markets Paris, France $206B AUM 31.61% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $62.2B AUM 31.35% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Avoro Capital Advisors's XBI Position: Q1 2026 in Review

Avoro Capital Advisors sold out of State Street SPDR S&P Biotech ETF (XBI) in Q1 2026, closing a stake of 2,100,000 shares — an estimated $256M sold.

Avoro Capital Advisors first reported a position in XBI in Q4 2021 and held it in 7 quarters. The position peaked at $408M in Q1 2024. 813 funds tracked by Wall St. Rank hold XBI as of Q1 2026.

Avoro Capital Advisors reported no remaining State Street SPDR S&P Biotech ETF position as of Q1 2026 after selling out during the quarter.
Avoro Capital Advisors sold 2,100,000 State Street SPDR S&P Biotech ETF shares in Q1 2026, an estimated $256M.
Avoro Capital Advisors first reported a position in State Street SPDR S&P Biotech ETF in Q4 2021 and held it in 7 quarters.
Avoro Capital Advisors's State Street SPDR S&P Biotech ETF position peaked at $408M in Q1 2024.
813 funds tracked by Wall St. Rank held State Street SPDR S&P Biotech ETF as of Q1 2026.

Based on Avoro Capital Advisors's 13F filing for Q1 2026, filed 15 May 2026.