See Which Of The Latest 13F Filers Holds XLY

At Holdings Channel, we have reviewed the latest batch of the 20 most recent 13F filings for the 09/30/2025 reporting period, and noticed that The Materials Select Sector SPDR Fund (Symbol: XLY) was held by 8 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea to take a closer look.

Before we proceed, it is important to point out that 13F filings do not tell the whole story, because these funds are only required to disclose their long positions with the SEC, but are not required to disclose their short positions. A fund making a bearish bet against a stock by shorting calls, for example, might also be long some amount of stock as they trade around their overall bearish position. This long component could show up in a 13F filing and everyone might assume the fund is bullish, but this tells only part of the story because the bearish/short side of the position is not seen.

Having given that caveat, we believe that looking at groups of 13F filings can be revealing, especially when comparing one holding period to another. Below, let's take a look at the change in XLY positions, for this latest batch of 13F filers: FundNew Position?Change In Share CountChange In Market Value ($ in 1000's)Vista Investment ManagementExistingUNCH+$86Axxcess Wealth Management LLCExisting-991-$146Maridea Wealth Management LLCNEW+7,269+$1,718Luts & Greenleigh Group Inc.ExistingUNCH+$32BBR Partners LLCExistingUNCH+$24Martin & Co. Inc. TNExisting-187+$1,841Horrell Capital Management Inc.ExistingUNCH+$3Ingalls & Snyder LLCExisting+1+$85Aggregate Change:+6,092+$3,643

In terms of shares owned, we count 1 of the above funds having increased existing XLY positions from 06/30/2025 to 09/30/2025, with 2 having decreased their positions and 1 new position. Worth noting is that May Hill Capital LLC, included in this recent batch of 13F filers, exited XLY common stock as of 09/30/2025.

Looking beyond these particular funds in this one batch of most recent filers, we tallied up the XLY share count in the aggregate among all of the funds which held XLY at the 09/30/2025 reporting period (out of the 3,948 we looked at in total). We then compared that number to the sum total of XLY shares those same funds held back at the 06/30/2025 period, to see how the aggregate share count held by hedge funds has moved for XLY. We found that between these two periods, funds increased their holdings by 980,309 shares in the aggregate, from 16,121,033 up to 17,101,342 for a share count increase of approximately 6.08%. The overall top three funds holding XLY on 09/30/2025 were: »FundShares of XLY Held1.Envestnet Asset Management Inc.2,653,6392.Janney Montgomery Scott LLC1,214,4753.Migdal Insurance & Financial Holdings Ltd.1,206,4094-10Find out the full Top 10 Hedge Funds Holding XLY»

We'll keep following the latest 13F filings by hedge fund managers and bring you interesting stories derived from a look at the aggregate information across groups of managers between filing periods. While looking at individual 13F filings can sometimes be misleading due to the long-only nature of the information, the sum total across groups of funds from one reporting period to another can be a lot more revealing and relevant, providing interesting stock ideas that merit further research, like The Materials Select Sector SPDR Fund (Symbol: XLY).

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