§ EQUITY
USDXBI
SS SPDR S&P BIOTECH ETF
USD
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
525 increased/new, 243 decreased/exited (13F)
AC 13F Analysis
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| BNP PARIBAS FINANCIAL MARKETS | 21.2M | 1.3% | +28% |
| Bank of America Corp | 14.5M | 0.1% | +13% |
| Goldman Sachs | 13.7M | 0.2% | n/a |
| Morgan Stanley | 12.3M | 0.1% | n/a |
| Citigroup Inc | 10.7M | 0.6% | −15% |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | 9.7M | 2.0% | −23% |
◇ AC INTELLIGENCE
Top institutional owners for XBI as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
DEALER / BANK49.8% · 48 holders
OTHER33.2% · 747 holders
INCOME / DEFENSIVE6.5% · 11 holders
TACTICAL / MACRO4.5% · 5 holders
SYSTEMATIC / QUANT3.3% · 11 holders
QUALITY / COMPOUNDER1.9% · 15 holders
ACTIVIST0.7% · 1 holder
PASSIVE / INDEX0.1% · 1 holder
DEEP VALUE0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for XBI in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention XBI yet.