State Street Energy Select Sector SPDR ETF

XLE

Market cap $42.4B

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.