State Street Energy Select Sector SPDR ETF
XLE
2,111 hedge funds and large institutions have $28.5B invested in State Street Energy Select Sector SPDR ETF in 2026 Q1 according to their latest regulatory filings, with 400 funds opening new positions, 822 increasing their positions, 687 reducing their positions, and 121 closing their positions.
231% more first-time investments, than exits
New positions opened: 400 | Existing positions closed: 121
161% more funds holding in top 10
Funds holding in top 10: 38 → 99 (+61)
62% more capital invested
Capital invested by funds: $17.6B → $28.5B (+$10.9B)
20% more repeat investments, than reductions
Existing positions increased: 822 | Existing positions reduced: 687
13% more funds holding
Funds holding: 1,863 → 2,111 (+248)
0.44% more ownership
Funds ownership: 66.6% → 67.04% (+0.44%)
46% less call options, than puts
Call options by funds: $7.47B | Put options by funds: $13.8B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VMPIC
Varma Mutual Pension Insurance Co
Helsinki,
Finland
|
+$755M |
| 2 |
Goldman Sachs
New York
|
+$524M |
| 3 |
JP Morgan Chase
New York
|
+$216M |
| 4 |
Citigroup
New York
|
+$213M |
| 5 |
MB
Mizuho Bank
Tokyo,
Japan
|
+$176M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$296M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$208M |
| 3 |
HC
Hamilton Capital
Columbus,
Ohio
|
-$161M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$121M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$111M |
XLE Hedge Fund Activity: Q1 2026 in Review
2,111 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in State Street Energy Select Sector SPDR ETF (XLE) for Q1 2026, worth a combined $28.5B — up 62% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 400 funds opened new XLE positions and 121 closed out — a net gain of 279 holders — while 822 added to existing stakes and 687 trimmed.
The largest buyer was Varma Mutual Pension Insurance Co, opening a new position worth an estimated $755M. The largest seller was Bank of America, cutting an estimated $296M.
- 2,111 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q1 2026, up from 1,863 in Q4 2025.
- Funds reported $28.5B of State Street Energy Select Sector SPDR ETF stock for Q1 2026, up 62% quarter-over-quarter.
- 400 funds opened new State Street Energy Select Sector SPDR ETF positions in Q1 2026 and 121 closed out, a net change of +279 holders.
- The largest State Street Energy Select Sector SPDR ETF buyer in Q1 2026 was Varma Mutual Pension Insurance Co, an estimated $755M added.
- The largest State Street Energy Select Sector SPDR ETF seller in Q1 2026 was Bank of America, an estimated $296M sold.
Based on aggregated 13F filings for Q1 2026.