State Street Communication Services Select Sector SPDR ETF
1,190 hedge funds and large institutions have $21B invested in State Street Communication Services Select Sector SPDR ETF in 2026 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 415 increasing their positions, 450 reducing their positions, and 121 closing their positions.
2.95% more ownership
Funds ownership: 85.53% → 88.48% (+3%)
1% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 121
8% less repeat investments, than reductions
Existing positions increased: 415 | Existing positions reduced: 450
1% less funds holding
Funds holding: 1,206 → 1,190 (-16)
4% less funds holding in top 10
Funds holding in top 10: 55 → 53 (-2)
9% less capital invested
Capital invested by funds: $23.1B → $21B (-$2.14B)
69% less call options, than puts
Call options by funds: $389M | Put options by funds: $1.24B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$211M |
| 2 |
MMFA
Main Management Fund Advisors
San Francisco,
California
|
+$145M |
| 3 |
JP Morgan Chase
New York
|
+$117M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$83.7M |
| 5 |
N
Natixis
Paris,
France
|
+$57.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$242M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$121M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$121M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$111M |
| 5 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$106M |
XLC Hedge Fund Activity: Q1 2026 in Review
1,190 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q1 2026, worth a combined $21B — down 9.3% from $23.1B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new XLC positions and 121 closed out — a net gain of 1 holder — while 415 added to existing stakes and 450 trimmed.
The largest buyer was UBS Group, adding an estimated $211M. The largest seller was Barclays, cutting an estimated $242M.
- 1,190 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q1 2026, down from 1,206 in Q4 2025.
- Funds reported $21B of State Street Communication Services Select Sector SPDR ETF stock for Q1 2026, down 9.3% quarter-over-quarter.
- 122 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q1 2026 and 121 closed out, a net change of +1 holder.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q1 2026 was UBS Group, an estimated $211M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q1 2026 was Barclays, an estimated $242M sold.
Based on aggregated 13F filings for Q1 2026.