Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in XLC held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 43.9M | $4.87B | -2.1% | — | 0.36% |
| 2 | Kentucky Farm Bureau Mutual Insurance Co | 35K | $2.72B | — | — | 0.06% |
| 3 | MORGAN STANLEY | 7.7M | $853.5M | -2.5% | — | 0.05% |
| 4 | WELLS FARGO & COMPANY/MN | 7.6M | $841.6M | +1.3% | — | 0.18% |
| 5 | UBS Group AG | 7.2M | $797.7M | +85.0% | — | 0.12% |
| 6 | ENVESTNET ASSET MANAGEMENT INC | 6.6M | $727.0M | +1.7% | — | 0.19% |
| 7 | RAYMOND JAMES FINANCIAL INC | 5.7M | $631.0M | -1.3% | — | 0.19% |
| 8 | Focus Partners Wealth | 4.9M | $538.6M | -1.6% | — | 0.60% |
| 9 | LPL Financial LLC | 4.6M | $512.0M | -12.0% | — | 0.14% |
| 10 | ROYAL BANK OF CANADA | 4.5M | $502.5M | +194.0% | — | 0.09% |
| 11 | AMERIPRISE FINANCIAL INC | 3.4M | $406.3M | -12.2% | — | 0.09% |
| 12 | TRUIST FINANCIAL CORP | 3.5M | $388.2M | -0.3% | — | 0.58% |
| 13 | BNP PARIBAS ARBITRAGE, SA | 1.8M | $359.1M | +7.3% | — | 0.17% |
| 14 | MEITAV DASH INVESTMENTS LTD | 3.2M | $351.5M | -4.9% | — | 3.85% |
| 15 | WestEnd Advisors, LLC | 2.8M | $314.7M | +1.9% | — | 7.60% |
| 16 | Migdal Insurance & Financial Holdings Ltd. | 2.8M | $305.4M | -1.3% | — | 2.65% |
| 17 | BARCLAYS PLC | 2.3M | $255.3M | -47.6% | — | 0.10% |
| 18 | NISSAY ASSET MANAGEMENT CORP /JAPAN/ /ADV | 1.7M | $186.4M | 0.0% | — | 0.99% |
| 19 | Green Harvest Asset Management LLC | 1.6M | $182.5M | +5.3% | — | 2.85% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.6M | $181.6M | +23.2% | — | 0.02% |
| 21 | GOLDMAN SACHS GROUP INC | 1.6M | $177.4M | +3.3% | — | 0.02% |
| 22 | MENORA MIVTACHIM HOLDINGS LTD. | 1.4M | $157.0M | -0.3% | — | 0.74% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.4M | $151.6M | -43.3% | — | 0.02% |
| 24 | BlackRock, Inc. | 1.4M | $150.7M | -10.9% | — | 0.00% |
| 25 | ADVISOR GROUP HOLDINGS, INC. | 1.4M | $150.7M | +7.2% | — | 0.22% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in XLC — a direct measure of their conviction.
Filings activity in XLC during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new XLC position in Q1 2026
Institutions that fully closed their XLC position in Q1 2026
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,162 | +0.3% | — | — | $22.02B | +3.1% |
| Q4 2025 | 1,158 | +4.9% | — | — | $21.36B | 2.7% |
| Q3 2025 | 1,104 | +2.6% | — | — | $21.95B | +16% |
| Q2 2025 | 1,076 | +3.8% | — | — | $18.93B | +22% |
| Q1 2025 | 1,037 | +3.6% | — | — | $15.50B | +1.5% |
| Q4 2024 | 1,001 | +8.6% | — | — | $15.27B | +12% |
| Q3 2024 | 922 | +3.0% | — | — | $13.64B | 17% |
| Q2 2024 | 895 | — | — | — | $16.46B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying XLC stock.
Based on Q1 2026 13F filings, institutional ownership of Communication Services Select Sector SPDR Fund stands at not currently reported, held across 1,162 reporting institutions.
BANK OF AMERICA CORP /DE/ is the largest reported institutional holder of XLC, with approximately 43,944,429 shares worth $4.87B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of XLC, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for XLC is 49 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
153 institutions opened new positions in XLC during Q1 2026, while 149 fully exited. 220 added to existing positions and 781 trimmed.
Quarter-over-quarter ownership change for XLC is not yet available — at least two quarters of 13F data are required.
The top 10 institutions account for 59.0% of all reported 13F value in XLC, and the top 25 account for 75.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Communication Services Select Sector SPDR Fund (XLC) Institutional Ownership