Churchill Management’s State Street Materials Select Sector SPDR ETF XLB Stock Holding History

Churchill Management’s Portfolio XLB Stock Details XLB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2024 Q4	–	Sell	-1,552,832	Closed	-$74.8M	–	169
2024 Q3	$74.8M	Buy	1,552,832 +39,692	+3%	+$1.81M	0.86%	19
2024 Q2	$66.8M	Buy	+1,513,140	New	+$68.4M	0.79%	19
2023 Q4	–	Sell	-1,645,952	Closed	-$64.6M	–	164
2023 Q3	$64.6M	Buy	+1,645,952	New	+$67.6M	1.09%	18
2023 Q2	–	Sell	-1,384,420	Closed	-$55.8M	–	165
2023 Q1	$55.8M	Buy	+1,384,420	New	+$56.1M	1.14%	17
2022 Q1	–	Sell	-2,424,104	Closed	-$110M	–	166
2021 Q4	$110M	Buy	2,424,104 +59,384	+3%	+$2.56M	1.53%	20
2021 Q3	$93.5M	Buy	2,364,720 +70,770	+3%	+$2.94M	1.41%	22
2021 Q2	$94.4M	Buy	2,293,950 +92,956	+4%	+$3.92M	1.39%	21
2021 Q1	$86.7M	Buy	2,200,994 +1,095,480	+99%	+$41.3M	1.43%	21
2020 Q4	$40M	Buy	1,105,514 +107,438	+11%	+$3.68M	0.68%	24
2020 Q3	$31.8M	Buy	+998,076	New	+$31M	0.78%	17
2018 Q3	–	Sell	-2,384,920	Closed	-$69.2M	–	140
2018 Q2	$69.2M	Buy	2,384,920 +141,870	+6%	+$4.16M	1.84%	14
2018 Q1	$63.9M	Buy	2,243,050 +119,012	+6%	+$3.61M	1.85%	12
2017 Q4	$64.3M	Buy	2,124,038 +905,554	+74%	+$26.7M	1.41%	14
2017 Q3	$34.6M	Buy	1,218,484 +78,198	+7%	+$2.15M	0.85%	15
2017 Q2	$30.7M	Buy	1,140,286 +80,936	+8%	+$2.15M	0.8%	18
2017 Q1	$27.8M	Sell	1,059,350 -614,938	-37%	-$16M	0.79%	20
2016 Q4	$41.6M	Buy	+1,674,288	New	+$40.6M	1.39%	12
2014 Q4	–	Sell	-412,282	Closed	-$10.2M	–	207
2014 Q3	$10.2M	Buy	412,282 +34,804	+9%	+$869K	0.42%	26
2014 Q2	$9.37M	Buy	377,478 +25,330	+7%	+$611K	0.42%	23
2014 Q1	$8.32M	Buy	352,148 +32,436	+10%	+$746K	0.33%	26
2013 Q4	$7.39M	Buy	+319,712	New	+$7.03M	0.28%	26

Other funds holding XLB

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Barclays London, United Kingdom $521B AUM 51.41% 1-Year Est. Return

CIBC World Market Toronto, Ontario, Canada $62.3B AUM 44.64% 1-Year Est. Return

BNP Paribas Financial Markets Paris, France $289B AUM 60.46% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

MMH

Menora Mivtachim Holdings Ramat Gan, Israel $25.6B AUM 50.04% 1-Year Est. Return

Healthcare of Ontario Pension Plan (HOOPP) Trust Fund Toronto, Ontario, Canada $71.2B AUM 48.86% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Churchill Management's XLB Position: Q4 2024 in Review

Churchill Management sold out of State Street Materials Select Sector SPDR ETF (XLB) in Q4 2024, closing a stake of 1,552,832 shares — an estimated $74.8M sold.

Churchill Management first reported a position in XLB in Q4 2013 and held it in 21 quarters. The position peaked at $110M in Q4 2021. 814 funds tracked by Wall St. Rank hold XLB as of Q4 2024.

Churchill Management reported no remaining State Street Materials Select Sector SPDR ETF position as of Q4 2024 after selling out during the quarter.
Churchill Management sold 1,552,832 State Street Materials Select Sector SPDR ETF shares in Q4 2024, an estimated $74.8M.
Churchill Management first reported a position in State Street Materials Select Sector SPDR ETF in Q4 2013 and held it in 21 quarters.
Churchill Management's State Street Materials Select Sector SPDR ETF position peaked at $110M in Q4 2021.
814 funds tracked by Wall St. Rank held State Street Materials Select Sector SPDR ETF as of Q4 2024.

Based on Churchill Management's 13F filing for Q4 2024, filed 14 Jan 2025.