Global Endowment Management’s State Street Financial Select Sector SPDR ETF XLF Stock Holding History

Global Endowment Management’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
2025 Q2	–	Sell	-19,030	Closed	-$948K	–	153
2025 Q1	$948K	Hold	19,030	–	–	0.12%	59
2024 Q4	$920K	Hold	19,030	–	–	0.12%	76
2024 Q3	$862K	Hold	19,030	–	–	0.09%	86
2024 Q2	$782K	Hold	19,030	–	–	0.08%	85
2024 Q1	$802K	Hold	19,030	–	–	0.08%	88
2023 Q4	$716K	Hold	19,030	–	–	0.08%	88
2023 Q3	$631K	Hold	19,030	–	–	0.07%	95
2023 Q2	$642K	Hold	19,030	–	–	0.08%	61
2023 Q1	$612K	Hold	19,030	–	–	0.07%	76
2022 Q4	$651K	Hold	19,030	–	–	0.07%	77
2022 Q3	$578K	Hold	19,030	–	–	0.06%	85
2022 Q2	$598K	Hold	19,030	–	–	0.05%	101
2022 Q1	$729K	Hold	19,030	–	–	0.05%	97
2021 Q4	$743K	Hold	19,030	–	–	0.05%	94
2021 Q3	$714K	Hold	19,030	–	–	0.05%	91
2021 Q2	$698K	Hold	19,030	–	–	0.04%	94
2021 Q1	$648K	Hold	19,030	–	–	0.04%	91
2020 Q4	$561K	Buy	+19,030	New	+$509K	0.04%	91
2020 Q1	–	Sell	-185,600	Closed	-$5.71M	–	109
2019 Q4	$5.71M	Buy	185,600 +168,700	+998%	+$4.95M	0.4%	25
2019 Q3	$473K	Sell	16,900 -10,280	-38%	-$284K	0.04%	60
2019 Q2	$750K	Buy	27,180 +5,190	+24%	+$141K	0.07%	82
2019 Q1	$565K	Buy	21,990 +12,640	+135%	+$326K	0.08%	162
2018 Q4	$223K	Sell	9,350 -11,650	-55%	-$303K	0.05%	149
2018 Q3	$579K	Hold	21,000	–	–	0.08%	138
2018 Q2	$558K	Buy	21,000 +1,870	+10%	+$51.6K	0.07%	145
2018 Q1	$527K	Hold	19,130	–	–	0.08%	140
2017 Q4	$534K	Buy	19,130 +7,130	+59%	+$192K	0.08%	131
2017 Q3	$310K	Hold	12,000	–	–	0.04%	212
2017 Q2	$296K	Buy	+12,000	New	+$285K	0.04%	220
2017 Q1	–	Sell	-10,000	Closed	-$233K	–	272
2016 Q4	$233K	Sell	10,000 -10,000	-50%	-$215K	0.04%	241
2016 Q3	$386K	Sell	20,000 -14,174	-41%	-$292K	0.06%	150
2016 Q2	$685K	Hold	34,174	–	–	0.15%	90
2016 Q1	$675K	Hold	34,174	–	–	0.14%	91
2015 Q4	$713K	Hold	34,174	–	–	0.13%	97
2015 Q3	$680K	Sell	34,174 -9,114	-21%	-$193K	0.1%	134
2015 Q2	$926K	Hold	43,288	–	–	0.13%	149
2015 Q1	$916K	Hold	43,288	–	–	0.14%	147
2014 Q4	$940K	Hold	43,288	–	–	0.16%	150
2014 Q3	$880K	Hold	43,288	–	–	0.13%	152
2014 Q2	$864K	Hold	43,288	–	–	0.13%	150
2014 Q1	$849K	Hold	43,288	–	–	0.13%	160
2013 Q4	$831K	Hold	43,288	–	–	0.17%	148
2013 Q3	$756K	Buy	43,288 +6,072	+16%	+$108K	0.19%	118
2013 Q2	$637K	Buy	+37,216	New	+$624K	0.18%	120

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

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

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

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

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

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

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

Global Endowment Management's XLF Position: Q2 2025 in Review

Global Endowment Management sold out of State Street Financial Select Sector SPDR ETF (XLF) in Q2 2025, closing a stake of 19,030 shares — an estimated $948K sold.

Global Endowment Management first reported a position in XLF in Q2 2013 and held it in 44 quarters. The position peaked at $5.71M in Q4 2019. 1,802 funds tracked by Wall St. Rank hold XLF as of Q2 2025.

Global Endowment Management reported no remaining State Street Financial Select Sector SPDR ETF position as of Q2 2025 after selling out during the quarter.
Global Endowment Management sold 19,030 State Street Financial Select Sector SPDR ETF shares in Q2 2025, an estimated $948K.
Global Endowment Management first reported a position in State Street Financial Select Sector SPDR ETF in Q2 2013 and held it in 44 quarters.
Global Endowment Management's State Street Financial Select Sector SPDR ETF position peaked at $5.71M in Q4 2019.
1,802 funds tracked by Wall St. Rank held State Street Financial Select Sector SPDR ETF as of Q2 2025.

Based on Global Endowment Management's 13F filing for Q2 2025, filed 13 Aug 2025.