Graham Capital Management’s State Street Utilities Select Sector SPDR ETF XLU Stock Holding History

Graham Capital Management’s Portfolio XLU Stock Details XLU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$4.54M	Sell	98,830 -279,000	-74%	-$12.5M	0.11%	140
2025 Q4	$16.1M	Sell	377,830 -892,582	-70%	-$39.5M	0.39%	49
2025 Q3	$55.4M	Buy	1,270,412 +256,512	+25%	+$10.9M	0.88%	16
2025 Q2	$41.4M	Buy	1,013,900 +303,900	+43%	+$12.1M	0.63%	21
2025 Q1	$28M	Buy	710,000 +562,000	+380%	+$22M	0.49%	26
2024 Q4	$5.6M	Sell	148,000 -249,450	-63%	-$9.9M	0.08%	111
2024 Q3	$16.1M	Buy	397,450 +381,450	+2,384%	+$14.2M	0.28%	48
2024 Q2	$545K	Buy	+16,000	New	+$550K	0.01%	557
2023 Q1	–	Sell	-179,488	Closed	-$6.33M	–	1358
2022 Q4	$6.33M	Buy	+179,488	New	+$6.1M	0.19%	51
2021 Q4	–	Sell	-12,400	Closed	-$396K	–	550
2021 Q3	$396K	Buy	+12,400	New	+$414K	0.02%	105
2017 Q2	–	Sell	-130,600	Closed	-$3.35M	–	117
2017 Q1	$3.35M	Buy	+130,600	New	+$3.26M	0.13%	60
2015 Q4	–	Sell	-100,000	Closed	-$2.17M	–	89
2015 Q3	$2.17M	Buy	+100,000	New	+$2.15M	0.26%	76
2013 Q4	–	Sell	-126,000	Closed	-$2.35M	–	142
2013 Q3	$2.35M	Buy	+126,000	New	+$2.4M	0.14%	82

Other funds holding XLU

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

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

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

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

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

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

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

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

Graham Capital Management's XLU Position: Q1 2026 in Review

Graham Capital Management reduced its State Street Utilities Select Sector SPDR ETF (XLU) stake by 74% in Q1 2026, selling an estimated $12.5M and leaving 98,830 shares worth $4.54M. The position accounts for 0.11% of the portfolio, ranked #140.

Graham Capital Management first reported a position in XLU in Q3 2013 and has held it in 13 quarters since. The position peaked at $55.4M in Q3 2025. 1,587 funds tracked by Wall St. Rank hold XLU as of Q1 2026.

Graham Capital Management held 98,830 shares of State Street Utilities Select Sector SPDR ETF worth $4.54M as of Q1 2026.
Graham Capital Management sold 279,000 State Street Utilities Select Sector SPDR ETF shares in Q1 2026, an estimated $12.5M.
State Street Utilities Select Sector SPDR ETF made up 0.11% of Graham Capital Management's portfolio in Q1 2026, its #140 holding.
Graham Capital Management first reported a position in State Street Utilities Select Sector SPDR ETF in Q3 2013 and has held it in 13 quarters since.
Graham Capital Management's State Street Utilities Select Sector SPDR ETF position peaked at $55.4M in Q3 2025.
1,587 funds tracked by Wall St. Rank held State Street Utilities Select Sector SPDR ETF as of Q1 2026.

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