Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Select Sector Spdr Tr (XLY)

1K + Investors. Track Smart Money conviction in XLY. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -54
Streak
1Q ▼
Buyers last Q
44%

Smart Money Signals — XLY

Based on 1297 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their XLY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
1,297 hedge funds hold XLY 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 — +8% more funds vs a year ago

fund count last 6Q
+92 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 44% buying

539 buying684 selling
Last quarter: 684 funds reduced or exited vs 539 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-63 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 145 → 147 → 184 → 121. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

68% of holders stayed for 2+ years

■ 68% conviction (2yr+) ■ 17% medium ■ 14% new
887 out of 1,297 hedge funds have held XLY 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.
➡️

Steady discovery — ~121 new funds/quarter

116 → 145 → 147 → 184 → 121 new funds/Q
New funds entering each quarter: 145 → 147 → 184 → 121. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 71% of holders stayed 2+ years

■ 71% veterans ■ 13% 1-2yr ■ 16% new
Of 1,335 current holders: 948 (71%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 61% AUM from top-100 funds

61% from top-100 AUM funds
41 of 1297 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in XLY. 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 — XLY

In 2026 Q1, 539 hedge funds were net buyers of XLY (121 opened a new position, 418 added to an existing one), while 684 reduced or exited (509 trimmed, 175 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. 61% of total institutional value in XLY is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -54 funds (more exits than new entries). Total institutional holders: 1297.

Hedge Fund Ownership: XLY

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

Market Analysis: XLY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XLY

-- --

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

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

Signal Freshness measures how much XLY has moved relative to its sector benchmark (SPY) since the 2026 Q1 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 March 31, 2026 · 74d ago
XLY
+7.0%
SPY
+14.1%

XLY outperformed SPY by -7.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 29d ago
XLY
+0.1%
SPY
+0.3%

Since the filing became public, XLY outperformed SPY by -0.2% .

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 ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

49 top-rated funds 23 high-conviction
Consensus
7.4
/ 10
breadth
×
Elite
3.6
/ 10
conviction
Hedge Fund Positioning: XLY
1K + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1286 1351 -4.81%
13F Shares 172M 189M -9.09%
Total Value $18.02B $21.96B -17.93%
New Positions 117 184 -67
Increased Positions 404 1105 -701
Closed Positions 182 99 +83
Reduced Positions 496 52 +444
Total Calls 19 21 -9.52%
Total Puts 29 25 16.0%
PUT/CALL Ratio 1.53 1.19 Bearish

Statistics: XLY

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Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

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

QUARTER:
Top 25 XLY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IMZ Advisory Inc 8.37% 203,086 $22.1M
2 Redstone Wealth Management, LLC 7.88% 90,783 $9.9M
3 Biltmore Wealth Management, LLC 7.52% 194,058 $21.1M
4 Dauntless Investment Group, LLC 5.63% 78,000 $8.5M
5 Independence Wealth Advisors, LLC 4.45% 76,651 $8.4M
6 111 Capital 4.43% 165,156 $18.0M
7 CTC Alternative Strategies, Ltd. 4.37% 17,677 $1.9M
8 Perbak Capital Partners LLP 4.16% 155,076 $16.9M
9 PGIM Custom Harvest LLC 4.13% 2,427,091 $264.5M
10 Cooksen Wealth, LLC 4.01% 50,603 $5.5M
11 Bellwether Advisors, LLC 3.52% 190,865 $20.8M
12 Cadent Capital Advisors, LLC 3.50% 124,030 $13.5M
13 Lighthouse Financial Services Inc /Adv 3.42% 130,188 $15.2M
14 Martin & Co Inc /Tn/ 3.30% 177,796 $19.4M
15 Milestones Private Investment Advisors LLC 3.18% 33,127 $3.6M
16 Wall Capital Group, Inc. 3.11% 26,743 $2.9M
17 LightSquare Wealth Management, LLC 2.99% 36,586 $4.0M
18 Pcg Asset Management, LLC 2.97% 34,064 $3.7M
19 Foronjy Financial LLC 2.88% 63,614 $6.9M
20 Thor Trading Advisors, LLC 2.83% 62,636 $6.8M
21 Migdal Insurance & Financial Holdings Ltd. 2.80% 2,960,332 $322.6M
22 Markin Asset Management, LP 2.79% 23,287 $2.5M
23 Innealta Capital, LLC 2.74% 40,524 $4.4M
24 Granite Harbor Advisors, Inc. 2.54% 53,429 $5.8M
25 Peterson Wealth Management 2.53% 40,030 $4.4M
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 — Select Sector Spdr Tr (XLY)

What does the Smart Money Trend signal show for XLY?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their XLY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for XLY?

More sellers than buyers — 44% buying: Last quarter: 684 funds reduced or exited vs 539 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for XLY holders?

Elite ownership — 61% AUM from top-100 funds: 41 of 1297 holders are among the 100 largest funds by AUM, controlling 61% of total institutional value in XLY. 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 XLY?

68% of holders stayed for 2+ years: 887 out of 1,297 hedge funds have held XLY 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 (XLY) following the 2026 Q1 hedge fund 13F filings?

As of today, XLY has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), XLY has gained +7.0% vs +14.1% 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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