XLP β€” SSgA

Ownership history in Newfound Research LLC  Β·  19 quarters on record

This page tracks every 13F SEC filing in which Newfound Research LLC reported a position in SSgA (XLP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
5.77% (2020 Q3)
πŸ“Š Avg. % of fund
2.31%
πŸ“… First filed
2015 Q4
πŸ“… Last filed
2022 Q2
⏱ Quarters held
19

Position Intelligence

Newfound Research LLC Γ— XLP AI Analytics

πŸ“‰ Newfound Research LLC underperformed the S&P 500 by –5.6% annually on this XLP position. Timing score: 47% (7/15 decisions correct). Average cost basis: $43.49. Maximum drawdown during holding period: –8.1%.

πŸ“ˆ Position Alpha vs SPY
-5.6%
annualised excess return

❌ Significantly underperformed the S&P 500 by 5.6% ann.
18 quarters analyzed

⏱️ Timing Score
47%

➑️ Neutral timing β€” roughly coin-flip accuracy on add/trim calls.
7 of 15 add/trim decisions correct

πŸ’° Entry Quality
$43.49
+50.2% vs current ($65.31)

Best entry: $38.44 (2015 Q4)  Β·  Worst: $68.15 (2022 Q1)

πŸ›‘οΈ Drawdown Resilience
–8.1%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

8 adds Β· 8 trims. Bought during 2 of 6 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
↓ Shrinking
last 4–5 quarters trend

πŸ“‰ Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 0.19% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    XLP price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2022 Q2 REDUCED 1,243 -9,030 -87.9% 0.19% $90K $65.31
2022 Q1 ADDED 10,273 +5,375 +109.7% 1.01% $780K $68.15
2021 Q1 REDUCED 4,898 -26,613 -84.5% 0.78% $335K $59.89
2020 Q3 REDUCED 31,511 -10,616 -25.2% 5.77% $2.0M $55.43
2020 Q2 REDUCED 42,127 -19,344 -31.5% 3.07% $2.5M $50.41
2019 Q4 ADDED 61,471 +2,605 +4.4% 3.63% $3.9M $53.41
2019 Q3 REDUCED 58,866 -2,337 -3.8% 3.17% $3.6M $51.67
2019 Q2 ADDED 61,203 +19,777 +47.7% 3.07% $3.6M $48.56
2019 Q1 REDUCED 41,426 -43,056 -51.0% 1.69% $2.3M $46.57
2018 Q4 ADDED 84,482 +12,881 +18.0% 2.98% $4.3M $41.92
9 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding XLP

As of 2025 Q4 β€” sorted by position size

TLS Advisors LLC 3Y 19.09% Elliott Investment Management L.P. 3Y 6.88% STRATEGIC ADVISORY PARTNERS, LLC 6.52% LifePlan Financial, LLC 6.15% Biltmore Wealth Management, LLC 3Y 7Y 5.6% WestEnd Advisors, LLC 3Y 7Y 4.99% Perbak Capital Partners LLP 4.92% Conservest Capital Advisors, Inc. 3Y 7Y 4.39% FSC Wealth Advisors, LLC 3Y 4.15% Split Rock Private Trading & Wealth Management, LLC 3.77%
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