Capstone Investment Advisors’s State Street Financial Select Sector SPDR ETF XLF Stock Holding History

Capstone Investment Advisors’s Portfolio XLF Stock Details XLF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$352M	Sell	7,123,800 -3,082,200	-30%	-$161M	0.61%	27
2025 Q4	$559M	Buy	10,206,000 +3,268,200	+47%	+$174M	1.09%	18
2025 Q3	$374M	Buy	6,937,800 +5,063,700	+270%	+$268M	0.7%	24
2025 Q2	$98.1M	Sell	1,874,100 -1,169,900	-38%	-$57.9M	0.24%	39
2025 Q1	$152M	Buy	3,044,000 +911,000	+43%	+$45.7M	0.4%	30
2024 Q4	$103M	Sell	2,133,000 -358,500	-14%	-$17.3M	0.25%	48
2024 Q3	$113M	Sell	2,491,500 -47,100	-2%	-$2.06M	0.34%	38
2024 Q2	$104M	Buy	2,538,600 +23,800	+0.9%	+$979K	0.33%	40
2024 Q1	$106M	Sell	2,514,800 -2,829,200	-53%	-$112M	0.38%	36
2023 Q4	$201M	Sell	5,344,000 -2,005,100	-27%	-$69.4M	0.6%	20
2023 Q3	$244M	Buy	7,349,100 +5,296,400	+258%	+$183M	1.1%	13
2023 Q2	$69.2M	Buy	2,052,700 +968,700	+89%	+$31.6M	0.34%	36
2023 Q1	$34.9M	Buy	1,084,000 +1,070,100	+7,699%	+$37.2M	0.18%	61
2022 Q4	$475K	Sell	13,900 -180,000	-93%	-$6.09M	﹤0.01%	1142
2022 Q3	$5.89M	Sell	193,900 -459,800	-70%	-$15.2M	0.04%	365
2022 Q2	$20.6M	Sell	653,700 -677,700	-51%	-$23.4M	0.1%	121
2022 Q1	$51M	Buy	1,331,400 +172,100	+15%	+$6.73M	0.14%	107
2021 Q4	$45.3M	Hold	1,159,300	–	–	0.08%	228
2021 Q3	$43.5M	Buy	+1,159,300	New	+$43.4M	0.09%	203
2020 Q2	–	Sell	-100,000	Closed	-$2.08M	–	1374
2020 Q1	$2.08M	Buy	+100,000	New	+$2.75M	0.03%	504
2019 Q2	–	Sell	-100,000	Closed	-$2.57M	–	1446
2019 Q1	$2.57M	Buy	+100,000	New	+$2.58M	0.02%	516
2017 Q2	–	Sell	-5,501,700	Closed	-$131M	–	974
2017 Q1	$131M	Buy	+5,501,700	New	+$132M	3.27%	5
2016 Q4	–	Sell	-82,300	Closed	-$1.59M	–	1137
2016 Q3	$1.59M	Sell	82,300 -11,452	-12%	-$236K	0.03%	297
2016 Q2	$1.88M	Sell	93,752 -134,077	-59%	-$2.71M	0.04%	239
2016 Q1	$4.5M	Buy	+227,829	New	+$4.34M	0.14%	110
2014 Q2	–	Sell	-263,257	Closed	-$5.16M	–	471
2014 Q1	$5.16M	Buy	+263,257	New	+$5.03M	0.07%	161

Other funds holding XLF

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

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

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

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

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

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

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

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Capstone Investment Advisors's XLF Position: Q1 2026 in Review

Capstone Investment Advisors sold out of State Street Financial Select Sector SPDR ETF (XLF) in Q1 2026, closing a stake of 2,590,378 shares — an estimated $135M sold.

Capstone Investment Advisors first reported a position in XLF in Q2 2016 and held it in 20 quarters. The position peaked at $142M in Q4 2025. 1,839 funds tracked by Wall St. Rank hold XLF as of Q1 2026.

Capstone Investment Advisors reported no remaining State Street Financial Select Sector SPDR ETF position as of Q1 2026 after selling out during the quarter.
Capstone Investment Advisors sold 2,590,378 State Street Financial Select Sector SPDR ETF shares in Q1 2026, an estimated $135M.
Capstone Investment Advisors first reported a position in State Street Financial Select Sector SPDR ETF in Q2 2016 and held it in 20 quarters.
Capstone Investment Advisors's State Street Financial Select Sector SPDR ETF position peaked at $142M in Q4 2025.
1,839 funds tracked by Wall St. Rank held State Street Financial Select Sector SPDR ETF as of Q1 2026.

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