Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Select Sector Spdr Tr (XLRE)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +56
Streak
1Q ▲
Buyers last Q
57%

Smart Money Signals — XLRE

Based on 807 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added XLRE 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
807 hedge funds hold XLRE 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.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+100 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 57% buying

429 buying322 selling
Last quarter: 429 funds bought or added vs 322 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+19 vs last Q)

new funds entering per quarter
Funds opening a new XLRE position: 85 → 129 → 100 → 119. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 21% medium ■ 19% new
485 out of 807 hedge funds have held XLRE 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.
💰

Value +38% but shares only +8% — price-driven

Value
+37%
Shares
+7%
Last quarter: the total dollar value of institutional holdings rose +38%, but actual share count only changed +8%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
➡️

Steady discovery — ~119 new funds/quarter

72 → 85 → 129 → 100 → 119 new funds/Q
New funds entering each quarter: 85 → 129 → 100 → 119. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 66% veterans vs 22% newcomers

■ 66% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 818 holders: 543 (66%) are 2+ year veterans, 99 entered 1–2 years ago, and 176 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
36 of 801 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in XLRE. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — XLRE

In 2026 Q2, 429 hedge funds were net buyers of XLRE (119 opened a new position, 310 added to an existing one), while 322 reduced or exited (259 trimmed, 63 sold completely) — a 57% buyer ratio, indicating a slight buying edge. 53% of total institutional value in XLRE is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +56 funds (more new holders than closures). Total institutional holders: 807.

Hedge Fund Ownership: XLRE

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

Market Analysis: XLRE

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XLRE

-- --

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

Is It Too Late to Buy Select Sector Spdr Tr (XLRE) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much XLRE has moved relative to its sector benchmark (SPY) since the 2026 Q3 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 September 30, 2026 · 46d ago
XLRE
+8.5%
SPY
-1.1%

XLRE outperformed SPY by +9.6% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 1d ago
XLRE
+0.0%
SPY
+0.0%

Since the filing became public, XLRE outperformed SPY by +0.0% .

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 ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

21 top-rated funds 16 high-conviction
Consensus
5.8
/ 10
breadth
×
Elite
3.5
/ 10
conviction
Hedge Fund Positioning: XLRE
2026 Q3 Stats Unlock in 4 days 795 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 795 751 5.86%
13F Shares 147M 137M 7.79%
Total Value $7.49B $5.45B 37.4%
New Positions 115 100 +15
Increased Positions 303 297 +6
Closed Positions 65 115 -50
Reduced Positions 256 234 +22
Total Calls 6 6 -
Total Puts 11 10 10.0%
PUT/CALL Ratio 1.83 1.67 Bearish

Statistics: XLRE

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Income Statement & Cash Flow
Revenue (ttm) --
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Diluted EPS (ttm) --
Total Cash (mrq) --
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Institutional Holders (2026 Q3)

795 + investors

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

QUARTER:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 XLRE holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Dean, Jacobson Financial Services, LLC 12.07% 534,589 $21.9M
2 Vanderbilt University 10.18% 2,046,637 $83.7M
3 Algorithmic Investment Models, LLC 7.14% 145,464 $6.0M
4 American National Bank of Texas 4.78% 127,944 $5.2M
5 Ball & Co Wealth Management Inc. 4.39% 157,577 $6.4M
6 Moss Adams Wealth Advisors LLC 4.19% 1,569,856 $64.2M
7 Capital Wealth Management, LLC 3.80% 407,901 $16.7M
8 Solano Wealth Investment Advisors LLC 3.65% 197,758 $8.1M
9 Impact Partnership Wealth, LLC 3.51% 975,448 $39.9M
10 CTC Alternative Strategies, Ltd. 3.47% 47,595 $2.0M
11 Prentice Wealth Management LLC 3.31% 398,811 $16.3M
12 Warwick Investment Management, Inc. 3.16% 671,910 $27.5M
13 LCW Services, LLC 2.94% 172,051 $7.0M
14 J. Team Financial, Inc. 2.78% 78,224 $3.2M
15 Econ Financial Services Corp 2.69% 157,372 $6.4M
16 Aspect Partners, LLC 2.67% 172,551 $7.1M
17 Cassaday & Co Wealth Management LLC 2.61% 3,607,500 $147.6M
18 Risk Paradigm Group, LLC 2.40% 72,334 $3.0M
19 Parcion Private Wealth LLC 2.39% 1,077,989 $44.1M
20 American Family Investments, Inc. 2.16% 3,388,436 $138.6M
21 Premier Private Wealth Management LLC 1.94% 54,468 $2.2M
22 StrongBox Wealth, LLC 1.91% 174,753 $7.1M
23 Urban Financial Advisory Corp 1.91% 223,231 $9.1M
24 Hudock, Inc. 1.76% 340,165 $13.9M
25 Paladin Advisory Group, LLC 1.76% 63,747 $2.6M
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

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Frequently Asked Questions — Select Sector Spdr Tr (XLRE)

What does the Smart Money Trend signal show for XLRE?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added XLRE 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 XLRE?

Slight buying edge — 57% buying: Last quarter: 429 funds bought or added vs 322 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for XLRE holders?

Elite ownership — 53% AUM from top-100 funds: 36 of 801 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in XLRE. 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 XLRE?

60% of holders stayed for 2+ years: 485 out of 807 hedge funds have held XLRE 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 Select Sector Spdr Tr (XLRE) following the 2026 Q3 hedge fund 13F filings?

As of today, XLRE has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), XLRE has gained +8.5% vs -1.1% 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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