XLRE
State Street Real Estate Select Sector SPDR ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -11.1% ·
share flow -1.2% ·
net new positions -12.5%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 432.81K | $17.68M | n/a | −1 |
| Q2 2026 | 72 | +3 | 95.84M | $4.22B | +8 | −6 |
| Q1 2026 | 71 | -6 | 96.47M | $3.93B | +5 | −11 |
| Q4 2025 | 77 | +3 | 103.72M | $4.19B | +3 | n/a |
| Q3 2025 | 8 | -1 | 9.84M | $414.71M | +1 | −2 |
| Q2 2025 | 6 | +1 | 802.81K | $33.25M | +3 | −2 |
| Q1 2025 | 3 | -1 | 184.79K | $7.73M | +1 | −2 |
| Q4 2024 | 4 | +1 | 940.82K | $38.26M | +1 | n/a |
| Q3 2024 | 3 | 0 | 618.99K | $27.65M | +1 | −1 |
| Q2 2024 | 3 | n/a | 194.62K | $7.48M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Morgan Stanley ✦ | 6.67M | n/a | $281.10M | 0.0% | n/c | 1 | SEC ↗ ×8 |
| 2 | Goldman Sachs Group ✦ | 2.09M | n/a | $87.97M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 3 | Millennium Management ✦ | 586.40K | New | $24.70M | 0.0% | New | 1 | SEC ↗ |
| 4 | JPMorgan Chase ✦ | 403.64K | n/a | $17.01M | 0.0% | n/c | 1 | SEC ↗ ×12 |
| 5 | State Street Global Advisors ✦ (passive) | 35.50K | -94.4% | $1.50M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 29.90K | +120.6% | $1.26M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 7 | Fidelity (FMR) ✦ | 16.95K | +26.0% | $714,322 | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 8 | AQR Capital Management ✦ | 11.03K | +69.3% | $464,610 | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Millennium Management | $24.70M | 0.0% |
Exited
| Citadel Advisors | $5.46M | was 0.0% |
| Fisher Asset Management | $237,496 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 742 holders, 134.32M shares, $5.35B 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.