XLC · State Street(R) Communication Services Select Sector SPDR(R) ETF · Holdings ETF

$108.97 -1.22 (-1.11%) At close · Oct 21

Volume · Oct 21 9.33M Avg daily vol (3M) 5.53M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 276

Total Value: $849,030,666

Total Shares: 7,650,994

Showing 1–100 of 276 holdings by value · page 1 of 3

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 276 13F filers · Δ vs Jun 30, 2026

Top Holder

10.5%

−12.1 pts

Top 5

27.1%

−12.4 pts

Top 10

40.2%

−11.4 pts

HHI

268

Broadly held−383

Who Holds XLC

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 1,165 filers, like-for-like change -2.5%; actively managed books -2.2%; index-like books -7.1%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	25.4%	750	-5.5%	70	69
Exempt adviser	0.5%	5	+17.1%	1	0
Adviser	4.1%	6	-2.7%	0	1
Bank	42.5%	44	-1.5%	0	0
Broker-dealer	2.2%	2	-10.9%	1	1
Benefit plan	0.0%	1	+0.1%	0	0
Non-US	1.3%	5	+4.2%	0	0
Holding company	8.3%	10	+1.6%	1	1
Insurer	0.0%	0	—	0	0
Unknown	15.6%	342	-2.3%	27	44

Style	Share	Filers	Change	New	Exited
Index-like	6.5%	13	-7.1%	1	0
Systematic-like	3.9%	20	+393.9%	8	2
Concentrated	11.3%	392	-18.5%	41	50
Diversified active	78.4%	739	-3.2%	50	62
Unknown	0.0%	1	-96.8%	0	2
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	76.1%	786	-6.9%	54	62
Medium turnover	17.7%	202	-3.7%	11	25
High turnover	5.3%	52	+223.4%	21	11
Unknown	0.9%	125	+11.5%	14	18
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.9%	130	-53.0%	22	20
Medium horizon	9.7%	246	-15.8%	27	44
Long horizon	88.2%	748	+1.9%	43	44
Unknown	1.2%	41	-56.4%	8	8
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	5.1%	590	-8.2%	62	81
$1B to $10B	13.7%	409	-17.3%	26	26
$10B to $100B	21.4%	118	+10.8%	7	6
$100B or more	59.9%	48	-2.2%	5	3
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	18.4%	652	-9.5%	55	60
Pooled investment vehicles	3.0%	23	+1101.8%	9	2
Registered funds and BDCs	2.4%	18	-49.2%	1	4
Pension and profit sharing plans	0.3%	7	+55.0%	1	0
Insurance companies	0.5%	4	+0.1%	0	0
Charitable organizations	0.0%	2	0.0%	0	0
Governments and sovereign funds	0.0%	3	+1.0%	0	0
Banks and thrifts	0.0%	2	-0.3%	0	0
Corporations	0.2%	4	+13.6%	0	0
Other investment advisers	0.1%	10	-2.0%	1	1
Other	0.2%	2	-40.4%	0	1
Diversified	0.3%	19	-13.0%	3	1
Unknown	74.6%	419	-1.5%	30	47

Private funds	Share	Filers	Change	New	Exited
Hedge funds	4.2%	57	+188.9%	11	4
Private equity funds	1.1%	26	-25.2%	1	4
Venture capital funds	0.0%	2	+1.6%	0	0
Real estate funds	0.2%	12	+61.4%	1	2
Securitized asset funds	0.0%	1	-89.8%	0	0
Other private funds	3.6%	27	-11.7%	2	2
Mixed private funds	0.1%	7	+109.4%	0	1
Private funds, type not stated	0.5%	10	+58.2%	1	1
No private funds	16.3%	611	-17.4%	55	55
Unknown	74.1%	412	-1.6%	29	47

Location	Share	Filers	Change	New	Exited
United States	85.8%	1,098	-4.0%	93	111
Outside the US	14.2%	67	+7.6%	7	5

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 15 holders with no observed 2026-03-31 13F and 25 holders with no observed 2026-06-30 13F. Compared across CIK changes: JANUS HENDERSON GROUP PLC continues as Jupiter Topco LLC; Trask Adam Roland continues as Burnham & Co LLC.

Conviction and Crowding

1,165 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

379

32.5% of filers hold it in their top 10

Mar 31, 2026: 413

Holders above 5%

median weight 0.062%

Mar 31, 2026: 23

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

53.4%

of 13F shares, Herfindahl 0.072

Active holders

-2.2%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 20.7 quarters

Under 1 year 7.51% 1 to 3 years 12.3% 3 years or more 80.2% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net sellers of $28,489 (0 buying, 1 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$114.29

estimated per share

Mar 31, 2026: $115.77

Quarter-end price

$107.12

implied by 13F values

Estimated gain or loss

-6.3%

price against the estimated cost

Estimated at a loss

100.0%

of costed 13F value

Estimated cost covers 5.38% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of XLC by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 328,554 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	328,554	3
Active ETFs	3,805,386	6
Active funds	504,772	9
Unclassified	681,832	5
All registered funds	5,320,544	23

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

102

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -896

Institutional value: -95.9%

Shares held: -96.1%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Large ASSETMARK, INC	+115,455	495,655
Large Concurrent Investment Advisors, LLC	+83,099	268,705
Small Encompass More Asset Management	+50,274	92,696
Mid Trilogy Capital Inc.	+43,106	121,184
Large DAVENPORT & Co LLC	+38,744	191,810

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Small Ayalon Insurance Comp Ltd.	−100,000	46,776
Mid AdvisorNet Financial, Inc	−89,304	11,258
Mid Robertson Stephens Wealth Management, LLC	−62,924	23,072
Mid AXXCESS WEALTH MANAGEMENT, LLC	−61,485	2,253
Small Keystone Global Partners, LLC	−52,907	19,337

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid Stonebridge Financial Group, LLC	254,429	$28,233,986
Small Econ Financial Services Corp	47,005	$5,216,144
Large CONGRESS ASSET MANAGEMENT CO	33,791	$3,749,787
Small Retireful, LLC	26,201	$2,907,524
Small TICINO WEALTH	26,122	$2,898,758

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small CLARK FINANCIAL SERVICES GROUP INC /BD	29,552	$3,165,905
Micro Capitol Family Office, Inc.	14,097	$1,510,211
Micro STAPP WEALTH MANAGEMENT, PLLC	13,575	$1,454,289
Small MERIDIAN INVESTMENT COUNSEL INC.	5,824	$623,925
Small Churchill Financial Advisors, LLC	4,356	$466,658

Filter: New 13 Increased 102 Reduced 96 Sold out 20 Unchanged 64

Holder type: Registered adviser 189 Bank 5 Unknown 82

Showing 100 of 276

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

SIGNATURE ESTATE & INVESTMENT ADVISORS LLC XLC

$89,207,118

10.51%

803,885

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SIGNATURE INVESTMENT ADVISORS LLC	625,266	$69,385,768	77.8%	Defined
Held directly	178,619	$19,821,350	22.2%	Sole

ASSETMARK, INC XLC

$55,002,835

6.48%

495,655

Concurrent Investment Advisors, LLC XLC

$29,818,193

3.51%

268,705

Stonebridge Financial Group, LLC XLC

$28,233,986

3.33%

254,429

Krilogy Financial LLC XLC

$28,012,711

3.30%

252,435

Asset Advisors Investment Management, LLC XLC

$26,731,785

3.15%

240,892

Galvin, Gaustad & Stein, LLC XLC

$25,073,671

2.95%

225,950

TCV Trust & Wealth Management, Inc. XLC

$21,817,811

2.57%

196,610

DAVENPORT & Co LLC XLC

$21,285,155

2.51%

191,810

Foguth Wealth Management, LLC. XLC

$16,503,458

1.94%

148,720

PETREDIS INVESTMENT ADVISORS LLC XLC

$16,246,008

1.91%

146,400

Diversified Enterprises, LLC XLC

$14,732,377

1.74%

132,760

Venture Visionary Partners LLC XLC

$13,856,380

1.63%

124,866

Trilogy Capital Inc. XLC

$13,447,788

1.58%

121,184

PINNACLE ASSOCIATES LTD XLC

$12,827,133

1.51%

115,591

McCollum Christoferson Group LLC XLC

$11,326,929

1.33%

102,072

BAR HARBOR WEALTH MANAGEMENT XLC

$11,289,865

1.33%

101,738

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BAR HARBOR BANKSHARES joint	101,738	$11,289,865	100.0%	Defined

CoreCap Advisors, LLC XLC

$11,249,472

1.32%

101,374

CWA Asset Management Group, LLC XLC

$11,035,189

1.30%

99,443

Encompass More Asset Management XLC

$10,286,475

1.21%

92,696

KWMG, LLC XLC

$10,278,485

1.21%

92,624

Biltmore Wealth Management, LLC XLC

$10,172,619

1.20%

91,670

Carnegie Investment Counsel XLC

$9,919,608

1.17%

89,390

Atria Investments, Inc XLC

$9,709,875

1.14%

87,500

Signal Advisors Wealth, LLC XLC

$9,019,530

1.06%

81,279

FORONJY FINANCIAL LLC XLC

$7,995,721

0.94%

72,053

OLD NATIONAL BANCORP /IN/ XLC

$7,818,945

0.92%

70,460

Essex LLC XLC

$7,482,374

0.88%

67,427

FORBES J M & CO LLP XLC

$7,055,028

0.83%

63,576

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC XLC

$6,877,476

0.81%

61,976

Farther Finance Advisors, LLC XLC

$6,599,607

0.78%

59,472

COLTON GROOME FINANCIAL ADVISORS, LLC XLC

$6,593,726

0.78%

59,419

Premier Path Wealth Partners, LLC XLC

$6,052,414

0.71%

54,541

TD Waterhouse Canada Inc. XLC

$6,050,972

0.71%

54,528

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	54,528	$6,050,972	100.0%	Defined

AAFMAA Wealth Management & Trust LLC XLC

$5,939,114

0.70%

53,520

Cooksen Wealth, LLC XLC

$5,627,954

0.66%

50,716

TRUST CO OF OKLAHOMA XLC

$5,440,636

0.64%

49,028

FERGUSON WELLMAN CAPITAL MANAGEMENT, INC XLC

$5,431,981

0.64%

48,950

CX Institutional XLC

$5,382,932

0.63%

48,508

TOTH FINANCIAL ADVISORY CORP XLC

$5,294,711

0.62%

47,713

Econ Financial Services Corp XLC

$5,216,144

0.61%

47,005

Ayalon Insurance Comp Ltd. XLC

$5,190,732

0.61%

46,776

ADAMS DIVERSIFIED EQUITY FUND, INC. XLC

$4,993,650

0.59%

45,000

INDEPENDENT FINANCIAL GROUP, LLC XLC

$4,919,854

0.58%

44,335

FIRST MERCHANTS CORP XLC

$4,874,689

0.57%

43,928

Alliance Private Wealth, LLC XLC

$4,806,776

0.57%

43,316

Terra Nova Asset Management LLC XLC

$4,626,117

0.54%

41,688

AlphaStar Capital Management, LLC XLC

$4,592,160

0.54%

41,382

Attessa Capital LLC XLC

$4,469,205

0.53%

40,274

Farmers & Merchants Trust Co of Chambersburg PA XLC

$4,157,491

0.49%

37,465

Sowell Financial Services LLC XLC

$3,954,304

0.47%

35,634

TRITONPOINT WEALTH, LLC XLC

$3,911,581

0.46%

35,249

CDM FINANCIAL COUNSELING SERVICES, INC. XLC

$3,815,037

0.45%

34,379

CONGRESS ASSET MANAGEMENT CO XLC

$3,749,787

0.44%

33,791

Integrated Advisors Network LLC XLC

$3,744,571

0.44%

33,744

Clarus Wealth Advisors XLC

$3,469,033

0.41%

31,261

HERBST GROUP, LLC XLC

$3,445,063

0.41%

31,045

Innova Wealth Partners XLC

$3,381,921

0.40%

30,476

Prime Capital Investment Advisors, LLC XLC

$3,369,715

0.40%

30,366

Archford Capital Strategies, LLC XLC

$3,366,829

0.40%

30,340

HARRELL INVESTMENT PARTNERS, LLC XLC

$3,238,104

0.38%

29,180

Zullo Investment Group, Inc. XLC

$3,146,776

0.37%

28,357

MLG Wealth Management DBA Pine Grove Financial Group XLC

$3,035,362

0.36%

27,353

CONTRAVISORY INVESTMENT MANAGEMENT, INC. XLC

$2,909,633

0.34%

26,220

Retireful, LLC XLC

$2,907,524

0.34%

26,201

TICINO WEALTH XLC

$2,898,758

0.34%

26,122

BUTENSKY & COHEN FINANCIAL SECURITY, INC XLC

$2,755,274

0.32%

24,829

Trust Co XLC

$2,689,912

0.32%

24,240

Dynamic Wealth Strategies, LLC XLC

$2,628,768

0.31%

23,689

Robertson Stephens Wealth Management, LLC XLC

$2,560,299

0.30%

23,072

WESPAC Advisors SoCal, LLC XLC

$2,543,321

0.30%

22,919

Fairvoy Private Wealth, LLC XLC

$2,523,568

0.30%

22,741

OpenArc Corporate Advisory, LLC XLC

$2,508,254

0.30%

22,603

B. Riley Wealth Advisors, Inc. XLC

$2,503,483

0.29%

22,560

Wall Capital Group, Inc. XLC

$2,481,844

0.29%

22,365

Fiduciary Planning LLC XLC

$2,448,553

0.29%

22,065

Cornerstone National Bank & Trust Co XLC

$2,423,140

0.29%

21,836

Boltwood Capital Management XLC

$2,398,838

0.28%

21,617

Bullock Wealth Management Group XLC

$2,188,106

0.26%

19,718

Keystone Global Partners, LLC XLC

$2,145,826

0.25%

19,337

Matrix Trust Co XLC

$2,134,618

0.25%

19,236

IFP Advisors, Inc XLC

$2,121,191

0.25%

19,115

SMI Advisory Services, LLC XLC

$2,108,651

0.25%

19,002

MontVue Capital Management, Inc. XLC

$1,957,399

0.23%

17,639

Roberts Wealth Advisors, LLC XLC

$1,886,046

0.22%

16,996

Forvis Mazars Wealth Advisors, LLC XLC

$1,844,654

0.22%

16,623

Realta Investment Advisors XLC

$1,813,804

0.21%

16,345

FLAGSTAR ADVISORS INC XLC

$1,808,367

0.21%

16,296

STRATEGY ASSET MANAGERS LLC XLC

$1,776,074

0.21%

16,005

CWC Advisors, LLC. XLC

$1,676,534

0.20%

15,108

Magnus Financial Group LLC XLC

$1,663,107

0.20%

14,987

Global Financial Private Client, LLC XLC

$1,648,792

0.19%

14,858

Wealthcare Advisory Partners LLC XLC

$1,621,604

0.19%

14,613

HBW ADVISORY SERVICES LLC XLC

$1,586,205

0.19%

14,294

Kessler Investment Group, LLC XLC

$1,566,119

0.18%

14,113

LVZ, Inc. XLC

$1,549,917

0.18%

13,967

Green Ridge Wealth Planning LLC XLC

$1,362,822

0.16%

12,281

Fulcrum Equity Management XLC

$1,354,832

0.16%

12,209

First Growth Capital LLC XLC

$1,334,858

0.16%

12,029

First Citizens Financial Corp XLC

$1,291,912

0.15%

11,642

Showing the top 100 of 276 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.