XLC
State Street Communication Services Select Sector SPDR ETF · Financial Services · Asset Management - Bonds
Momentum inputs (comparable managers):
holder breadth +30.0% ·
share flow -30.0% ·
net new positions +20.0%
— formula
Ownership fragmentation — more holders, smaller aggregate stake
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 88 | 0 | 129.30M | $13.86B | +8 | −8 |
| Q1 2026 | 89 | 0 | 128.78M | $14.27B | +6 | −6 |
| Q4 2025 | 88 | +2 | 133.22M | $15.66B | +3 | −1 |
| Q3 2025 | 13 | -3 | 34.69M | $4.11B | +1 | −4 |
| Q2 2025 | 13 | +3 | 3.86M | $418.84M | +4 | −1 |
| Q1 2025 | 8 | +1 | 4.91M | $473.73M | +2 | −1 |
| Q4 2024 | 7 | -2 | 4.16M | $402.49M | — | −2 |
| Q3 2024 | 8 | +4 | 1.76M | $159.17M | +4 | — |
| Q2 2024 | 4 | — | 1.53M | $131.37M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 1.15M | — | $124.64M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 1.15M | — | $124.64M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 1.15M | — | $124.64M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 1.15M | — | $124.64M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | State Street Global Advisors ✦ (passive) | 902.04K | -63.3% | $97.90M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 6 | Marshall Wace ✦ | 857.36K | -43.2% | $93.05M | 0.1% | ▼ Trim | 4 | SEC ↗ |
| 7 | Marshall Wace ✦ | 857.36K | -43.2% | $93.05M | 0.1% | ▼ Trim | 4 | SEC ↗ |
| 8 | Fisher Asset Management ✦ | 636.88K | -6.2% | $69.12M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 9 | Two Sigma Investments ✦ | 120.10K | New | $13.03M | 0.0% | New | 1 | SEC ↗ |
| 10 | Fidelity (FMR) ✦ | 52.04K | — | $5.65M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | Fidelity (FMR) ✦ | 52.04K | — | $5.65M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | GAMCO Investors ✦ | 43.30K | New | $4.70M | 0.0% | New | 1 | SEC ↗ |
| 13 | Citadel Advisors ✦ | 40.12K | -67.1% | $4.35M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 14 | Millennium Management ✦ | 26.27K | -80.3% | $2.85M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 15 | AQR Capital Management ✦ | 18.20K | +165.5% | $1.97M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 16 | AQR Capital Management ✦ | 18.20K | +165.5% | $1.97M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 17 | Wellington Management ✦ | 7.82K | New | $848,162 | 0.0% | New | 1 | SEC ↗ |
| 18 | Renaissance Technologies ✦ | 5.60K | New | $607,768 | 0.0% | New | 1 | SEC ↗ |
| 19 | Point72 Asset Management ✦ | 1.10K | -54.0% | $119,926 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $13.03M | 0.0% |
| GAMCO Investors | $4.70M | 0.0% |
| Wellington Management | $848,162 | 0.0% |
| Renaissance Technologies | $607,768 | 0.0% |
Exited
| D. E. Shaw & Co. | $297,355 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1,177 holders, 178.07M shares, $18.43B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.