State Street Utilities Select Sector SPDR ETF
1,603 hedge funds and large institutions have $15.3B invested in State Street Utilities Select Sector SPDR ETF in 2026 Q1 according to their latest regulatory filings, with 202 funds opening new positions, 671 increasing their positions, 487 reducing their positions, and 112 closing their positions.
80% more first-time investments, than exits
New positions opened: 202 | Existing positions closed: 112
38% more repeat investments, than reductions
Existing positions increased: 671 | Existing positions reduced: 487
36% more funds holding in top 10
Funds holding in top 10: 39 → 53 (+14)
13% more capital invested
Capital invested by funds: $13.5B → $15.3B (+$1.78B)
4% more funds holding
Funds holding: 1,534 → 1,603 (+69)
0.6% more ownership
Funds ownership: 62.32% → 62.92% (+0.6%)
59% less call options, than puts
Call options by funds: $1.3B | Put options by funds: $3.14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$323M |
| 2 |
JP Morgan Chase
New York
|
+$194M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$84.4M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$75.4M |
| 5 |
Morgan Stanley
New York
|
+$75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$251M |
| 2 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$249M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$153M |
| 4 |
Goldman Sachs
New York
|
-$54.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$54M |
XLU Hedge Fund Activity: Q1 2026 in Review
1,603 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q1 2026, worth a combined $15.3B — up 13% from $13.5B a quarter earlier.
Buyers outnumbered sellers: 202 funds opened new XLU positions and 112 closed out — a net gain of 90 holders — while 671 added to existing stakes and 487 trimmed.
The largest buyer was UBS Group, adding an estimated $323M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $251M.
- 1,603 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q1 2026, up from 1,534 in Q4 2025.
- Funds reported $15.3B of State Street Utilities Select Sector SPDR ETF stock for Q1 2026, up 13% quarter-over-quarter.
- 202 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q1 2026 and 112 closed out, a net change of +90 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q1 2026 was UBS Group, an estimated $323M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q1 2026 was Migdal Insurance & Financial Holdings, an estimated $251M sold.
Based on aggregated 13F filings for Q1 2026.