State Street Energy Select Sector SPDR ETF

XLE

Market cap $38.2B

XLE Hedge Fund Activity: Q2 2023 in Review

1,619 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in State Street Energy Select Sector SPDR ETF (XLE) for Q2 2023, worth a combined $18.6B — down 14% from $21.6B a quarter earlier.

Sellers outnumbered buyers: 151 funds closed out of XLE and 124 opened new positions — a net loss of 27 holders — while 727 trimmed existing stakes and 578 added.

The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $180M. The largest seller was Varma Mutual Pension Insurance Co, exiting entirely with an estimated $306M sold.

• 1,619 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q2 2023, down from 1,664 in Q1 2023.
• Funds reported $18.6B of State Street Energy Select Sector SPDR ETF stock for Q2 2023, down 14% quarter-over-quarter.
• 124 funds opened new State Street Energy Select Sector SPDR ETF positions in Q2 2023 and 151 closed out, a net change of -27 holders.
• The largest State Street Energy Select Sector SPDR ETF buyer in Q2 2023 was Harel Insurance Investments & Financial Services, an estimated $180M added.
• The largest State Street Energy Select Sector SPDR ETF seller in Q2 2023 was Varma Mutual Pension Insurance Co, an estimated $306M sold.

Based on aggregated 13F filings for Q2 2023.