Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Spdr Series Trust (XBI)

928 + Investors. Track Smart Money conviction in XBI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +113
Streak
4Q ▲
Buyers last Q
62%

Smart Money Signals — XBI

Based on 959 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added XBI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
959 hedge funds hold XBI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +51% more funds vs a year ago

fund count last 6Q
+325 new funds entered over the past year (+51% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks. The peak was reached in just 4 quarters from the low — a sharp move.
🟢

More buyers than sellers — 62% buying

540 buying327 selling
Last quarter: 540 funds were net buyers (189 opened a brand new position + 351 added to an existing one). Only 327 were sellers (251 trimmed + 76 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+68 vs last Q)

new funds entering per quarter
Funds opening a new XBI position: 112 → 240 → 121 → 189. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 15% medium ■ 24% new
584 out of 959 hedge funds have held XBI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+16% value, -8% shares)

Value
+15%
Shares
-7%
Last quarter: total value of institutional XBI holdings rose +16% even though funds reduced share count by 8%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~189 new funds/quarter

65 → 112 → 240 → 121 → 189 new funds/Q
New funds entering each quarter: 112 → 240 → 121 → 189. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 69% veterans vs 23% newcomers

■ 69% veterans ■ 8% 1-2yr ■ 23% new
Entry-cohort mix of 1,024 holders: 706 (69%) are 2+ year veterans, 79 entered 1–2 years ago, and 239 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 72% AUM from top-100 funds

72% from top-100 AUM funds
40 of 933 holders are among the 100 largest funds by AUM, controlling 72% of total institutional value in XBI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — XBI

In 2026 Q2, 540 hedge funds were net buyers of XBI (189 opened a new position, 351 added to an existing one), while 327 reduced or exited (251 trimmed, 76 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 72% of total institutional value in XBI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +113 funds (more new holders than closures). Total institutional holders: 959.

Hedge Fund Ownership: XBI

How many hedge funds hold XBI — quarterly history vs. share price
Quarterly hedge fund ownership of XBI vs. share price

Market Analysis: XBI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XBI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Spdr Series Trust (XBI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much XBI has moved relative to its sector benchmark (SPY) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 80d ago
XBI
-2.6%
SPY
-2.0%

XBI outperformed SPY by -0.6% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 35d ago
XBI
-2.1%
SPY
-1.4%

Since the filing became public, XBI outperformed SPY by -0.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Growing Institutional Interest

Quality funds are building positions — conviction is rising but not yet widespread.

32 top-rated funds 17 high-conviction
Consensus
6.6
/ 10
breadth
×
Elite
6.1
/ 10
conviction
Hedge Fund Positioning: XBI
928 + Investors

Track Smart Money conviction in XBI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 928 846 9.69%
13F Shares 165M 179M -7.88%
Total Value $25.87B $22.34B 15.8%
New Positions 188 121 +67
Increased Positions 334 252 +82
Closed Positions 80 110 -30
Reduced Positions 233 256 -23
Total Calls 39 29 34.48%
Total Puts 51 51 -
PUT/CALL Ratio 1.31 1.76 Bearish

Statistics: XBI

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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

928 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in XBI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 XBI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PSP Research LLC 48.01% 570,000 $90.2M
2 Lalia Capital, LLC 7.69% 100,000 $15.8M
3 Balance Capital Partners L.P. 7.27% 64,000 $10.1M
4 Lake Hills Wealth Management, LLC 7.24% 100,636 $15.9M
5 DAFNA Capital Management LLC 5.93% 196,505 $31.1M
6 Marvin & Palmer Associates Inc 5.40% 54,286 $8.6M
7 Ikarian Capital, LLC 5.11% 300,000 $47.5M
8 Chicago Wealth Management, Inc. 4.42% 78,688 $12.5M
9 Main Street Research LLC 4.31% 576,754 $91.3M
10 683 Capital Management, LLC 4.20% 540,000 $85.5M
11 Investure, LLC 4.08% 412,250 $65.2M
12 Troluce Capital Advisors LLC 4.07% 250,000 $39.6M
13 Riggs Asset Managment Co. Inc. 4.03% 142,800 $22.6M
14 Geneva Partners, LLC 4.00% 94,829 $15.0M
15 Madrona Financial Services, LLC 3.98% 136,455 $21.6M
16 Greenhouse Funds LLLP 3.92% 484,437 $76.7M
17 New Harbor Financial Group, LLC 3.66% 146,497 $23.2M
18 Titiun Yejiel 3.37% 24,537 $3.9M
19 Lhm, INC. 3.16% 58,514 $9.3M
20 Yelin Lapidot Holdings Management Ltd. 3.14% 104,532 $16.5M
21 Sphera Funds Management LTD. 3.10% 150,000 $23.7M
22 New Paradigm Capital Management, LLC 3.04% 9,000 $1.4M
23 Edge Wealth Management LLC 2.96% 111,283 $17.6M
24 United Capital Management of KS, Inc. 2.96% 142,599 $22.6M
25 Artia Global Partners LP 2.92% 100,000 $15.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Spdr Series Trust (XBI)

What does the Smart Money Trend signal show for XBI?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added XBI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for XBI?

More buyers than sellers — 62% buying: Last quarter: 540 funds were net buyers (189 opened a brand new position + 351 added to an existing one). Only 327 were sellers (251 trimmed + 76 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for XBI holders?

Elite ownership — 72% AUM from top-100 funds: 40 of 933 holders are among the 100 largest funds by AUM, controlling 72% of total institutional value in XBI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held XBI?

61% of holders stayed for 2+ years: 584 out of 959 hedge funds have held XBI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Spdr Series Trust (XBI) following the 2026 Q2 hedge fund 13F filings?

As of today, XBI has moved -2.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -1.4% for the SPY sector ETF — an outperformance of -0.7%. Since the quarter end (June 30, 2026), XBI has gained -2.6% vs -2.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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