XLK ETF sales totaled $119.1 million on October 23, 2026, as the State Street Technology Select Sector SPDR ETF reduced all 75 of its stock positions without adding to any. Nvidia and Apple accounted for the largest reductions.

Key Takeaways

  • Nvidia was the largest sale at $18.2 million, followed by Apple at $18.0 million.
  • The fund opened no new positions and fully exited none.
  • The figures describe changes in stock holdings, not confirmed investor withdrawals from the ETF.

XLK ETF sales span all holdings

The fund reduced its Nvidia position by 86,060 shares and its Apple position by 51,896 shares. Microsoft was the third-largest sale at $13.8 million.

With no purchases recorded among the tracked US-listed stocks, net selling matched the $119.1 million gross trading total. The holdings changes alone do not establish whether investors redeemed ETF shares.

ItemDetails
Nvidia86,060 shares reduced; $18.2 million
Apple51,896 shares reduced; $18.0 million
Microsoft26,403 shares reduced; $13.8 million
Broadcom16,913 shares reduced; $5.4 million
Advanced Micro Devices10,504 shares reduced; $5.4 million

Largest positions remain in the portfolio

Despite the reductions, Nvidia, Apple and Microsoft remained the fund’s three largest holdings, representing 15.24%, 15.15% and 11.63% of assets, respectively. Broadcom and Advanced Micro Devices rounded out both the five largest sales and the five largest holdings.

XLK had $122.86 billion in assets, with 64.8% concentrated in its 10 largest holdings. The technology-focused equity fund charges an expense ratio of 0.08%.

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