Technology Select Sector SPDR Fund
XLK • ARCA
Technology Select Sector SPDR Fund is an exchange-traded fund on ARCA. As of Q3 2025, 2,232 institutional investors hold shares in this ETF, with total holdings valued at $48.0B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $3.4B.
Overview
Overview of institutional ownership in XLK as of Q3 2025
All Institutions
- Institutions
- 2,232
- Value Held
- $48.0B
- Shares Held
- 170.5M
- Avg Position
- $21.5M
- Median Position
- $1.2M
Hedge Funds
- Hedge Funds
- 50
- Value Held
- $435.6M
- Shares Held
- 1.5M
- Avg Position
- $8.7M
- Median Position
- $2.0M
Biggest Investors
Institutions with the largest positions in XLK as of Q3 2025
| Institution | Position Value |
|---|---|
 BANK OF AMERICA CORP /DE/ Institution | $3.4B 0.25% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $3.3B 0.67% of portfolio |
 MORGAN STANLEY RIA/Wealth | $3.0B 0.18% of portfolio |
L LPL Financial LLC Institution | $2.2B 0.64% of portfolio |
C Colony Group, LLC Institution | $1.9B 3.08% of portfolio |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $1.5B 0.44% of portfolio |
 AMERIPRISE FINANCIAL INC Institution | $1.5B 0.34% of portfolio |
 UBS Group AG Institution | $1.4B 0.28% of portfolio |
 GOLDMAN SACHS GROUP INC Institution | $1.3B 0.19% of portfolio |
 JPMORGAN CHASE & CO Institution | $1.2B 0.07% of portfolio |
Net Capital Flow
Institutional buying and selling activity for XLK in Q3 2025
- Net Flow
- +$1.7B
- Buyers
- 839
- Sellers
- 845
- Total Bought
- +$4.7B
- Total Sold
- −$3.0B
- Avg Position
- $22.0M
Biggest Buyers
| Institution | Net Bought |
|---|---|
C Colony Group, LLC Institution | +$1.4B +5.1M shares |
 Main Management ETF Advisors, LLC Institution | +$502.6M +1.8M shares |
B BNP PARIBAS ARBITRAGE, SA Institution | +$310.1M +1.1M shares |
A Advisor Group Holdings, Inc. Institution | +$287.8M +1.0M shares |
F FACTORY MUTUAL INSURANCE CO Institution | +$191.9M +681.0K shares |
JPMORGAN CHASE & CO Institution | +$173.5M +615.4K shares |
AMERIPRISE FINANCIAL INC Institution | +$127.4M +451.8K shares |
WELLS FARGO & COMPANY/MN Institution | +$104.6M +371.1K shares |
 MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | +$93.5M +331.9K shares |
 BARCLAYS PLC Institution | +$78.1M +277.2K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
MORGAN STANLEY RIA/Wealth | −$409.7M −1.5M shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | −$398.7M −1.4M shares |
BANK OF AMERICA CORP /DE/ Institution | −$245.6M −871.5K shares |
M Migdal Insurance & Financial Holdings Ltd. Institution | −$193.3M −685.9K shares |
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution | −$139.3M −550.0K shares |
 Janney Montgomery Scott LLC RIA/Wealth | −$118.0M −418.5K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$108.2M −383.7K shares |
 WestEnd Advisors, LLC Long Only Manager | −$97.9M −347.3K shares |
 BB&T CORP Institution | −$97.7M −346.5K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | −$70.4M −249.9K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited XLK in Q3 2025
- New Positions
- 73
- New Value
- $100.1M
- Exited Positions
- 64
- Exited Value
- $378.7M
New Positions
| Institution | Position Value |
|---|---|
D DAIDO LIFE INSURANCE CO Institution | $12.6M 44.8K shares |
 SMI Advisory Services, LLC RIA/Wealth | $11.3M 39.9K shares |
P Perbak Capital Partners LLP Institution | $10.1M 35.8K shares |
 Constant Guidance Financial LLC RIA/Wealth | $8.0M 28.4K shares |
 Cinctive Capital Management LP Hedge Fund•Multi-Strategy | $7.6M 26.9K shares |
 Sharp Financial Services, LLC RIA/Wealth | $7.4M 26.3K shares |
E Equity Wealth Partners, LLC RIA/Wealth | $5.2M 18.4K shares |
 Lanham O'Dell & Company, Inc. RIA/Wealth | $4.5M 15.9K shares |
C CREDIT INDUSTRIEL ET COMMERCIAL Institution | $3.5M 12.2K shares |
P PALISADE CAPITAL MANAGEMENT LLC/NJ Long Only Manager | $2.9M 10.3K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
S SUMITOMO MITSUI FINANCIAL GROUP, INC. Institution | $139.3M 550.0K shares |
N Nan Shan Life Insurance Co., Ltd. Institution | $52.6M 207.6K shares |
R Rokos Capital Management LLP Hedge Fund•Global Macro | $41.8M 165.0K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $22.0M 86.9K shares |
D D. E. Shaw & Co., Inc. Institution | $17.0M 67.1K shares |
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $14.9M 58.7K shares |
D DRW Securities, LLC Institution | $11.7M 46.4K shares |
 SUNRISE PARTNERS LIMITED PARTNERSHIP /CT Hedge Fund•Multi-Strategy | $9.9M 39.2K shares |
 GR FINANCIAL GROUP, LLC RIA/Wealth | $8.5M 33.4K shares |
 Cullen Capital Management, LLC Long Only Manager | $7.0M 27.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in XLK as of Q3 2025
- Call Positions
- 30
- Call Value
- $2.4B
- Put Positions
- 43
- Put Value
- $4.1B
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $562.6M 20.0K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $545.4M 19.4K contracts |
J JANE STREET GROUP, LLC Institution | $501.2M 17.8K contracts |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $138.8M 4.9K contracts |
W WOLVERINE TRADING, LLC Institution | $123.1M 4.4K contracts |
S Squarepoint Ops LLC Hedge Fund•Quant | $102.8M 3.6K contracts |
UBS Group AG Institution | $94.9M 3.4K contracts |
 CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro | $76.2M 2.7K contracts |
BARCLAYS PLC Institution | $53.1M 1.9K contracts |
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage | $51.5M 1.8K contracts |
Put Positions
| Institution | Position Value |
|---|---|
J JANE STREET GROUP, LLC Institution | $843.3M 29.9K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $751.8M 26.7K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $662.0M 23.5K contracts |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $436.8M 15.5K contracts |
 Jain Global LLC Hedge Fund•Multi-Strategy | $209.9M 7.4K contracts |
W WOLVERINE TRADING, LLC Institution | $127.0M 4.5K contracts |
 TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy | $123.6M 4.4K contracts |
S Squarepoint Ops LLC Hedge Fund•Quant | $113.0M 4.0K contracts |
 CITIGROUP INC Institution | $112.7M 4.0K contracts |
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $74.1M 2.6K contracts |
Most Committed Institutions
Institutions with XLK as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Main Management ETF Advisors, LLC Institution | 29.30% $756.6M |
 IMZ Advisory Inc RIA/Wealth | 26.26% $70.5M |
 PTM WEALTH MANAGEMENT, LLC RIA/Wealth | 15.09% $25.2M |
S Sequent Asset Management, LLC Institution | 14.71% $19.8M |
 Bonfire Financial RIA/Wealth | 14.36% $18.7M |
 Marks Wealth, LLC RIA/Wealth | 13.69% $44.3M |
 Presper Financial Architects, LLC RIA/Wealth | 13.66% $23.5M |
F Fairfield Financial Advisors, LTD RIA/Wealth | 13.14% $27.6M |
 Bellwether Advisors, LLC RIA/Wealth | 12.37% $74.8M |
 Conservest Capital Advisors, Inc. RIA/Wealth | 12.32% $133.0M |
Hedge Fund Spotlight
Discover hedge funds investing in XLK
Lavaca Capital LLC
Hedge Fund • Vol Arbitrage
Portfolio ManagerScott Latorre Phillips
- Portfolio Value
- $552.4M
- Positions
- 256
- Last Reported
- Q3 2025
Sector Allocation
Position in Technology Select Sector SPDR Fund
- Market Value
- $1.2M
- Shares Held
- 4.2K
- Portfolio Weight
- 0.21%
- Owned Since
- 2020-Q1
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $273.7M | 49.55% | |
ETF ETF | $78.1M | 14.14% | |
Semiconductors Technology | $36.8M | 6.66% |
