State Street Energy Select Sector SPDR ETF
2,123 hedge funds and large institutions have $28.6B invested in State Street Energy Select Sector SPDR ETF in 2026 Q1 according to their latest regulatory filings, with 403 funds opening new positions, 829 increasing their positions, 688 reducing their positions, and 120 closing their positions.
236% more first-time investments, than exits
New positions opened: 403 | Existing positions closed: 120
168% more funds holding in top 10
Funds holding in top 10: 38 → 102 (+64)
63% more capital invested
Capital invested by funds: $17.5B → $28.6B (+$11B)
20% more repeat investments, than reductions
Existing positions increased: 829 | Existing positions reduced: 688
14% more funds holding
Funds holding: 1,868 → 2,123 (+255)
0.81% more ownership
Funds ownership: 66.4% → 67.21% (+0.81%)
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
2,123 of the 8,207 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 $28.6B — up 63% from $17.5B a quarter earlier.
Buyers outnumbered sellers: 403 funds opened new XLE positions and 120 closed out — a net gain of 283 holders — while 829 added to existing stakes and 688 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.
- 2,123 institutional investors held State Street Energy Select Sector SPDR ETF (XLE) as of Q1 2026, up from 1,868 in Q4 2025.
- Funds reported $28.6B of State Street Energy Select Sector SPDR ETF stock for Q1 2026, up 63% quarter-over-quarter.
- 403 funds opened new State Street Energy Select Sector SPDR ETF positions in Q1 2026 and 120 closed out, a net change of +283 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.