S&P 500 energy sector.
We resolve 94% of XLE’s reported NAV to covered tickers; the remaining ~6% is cash, non-equity, foreign lines and names we don’t cover — the honest tail of a CUSIP-based resolution, not a data gap you should read as holdings we hid.
Covered positions by weight, as of 2026-03-31. Each links to its stock page and our full verdict.
| # | Holding | Our call | % of NAV | Value |
|---|---|---|---|---|
| 1 | XOM | — | 23.77% | $10.4B |
| 2 | CVX | Hold | 17.32% | $7.55B |
| 3 | COP | Buy | 7.22% | $3.15B |
| 4 | EOG | Hold | 4.15% | $1.81B |
| 5 | SLB | Hold | 4.07% | $1.77B |
| 6 | WMB | Hold | 4.06% | $1.77B |
| 7 | PSX | Hold | 3.89% | $1.69B |
| 8 | MPC | Hold | 3.81% | $1.66B |
| 9 | KMI | Hold | 3.48% | $1.52B |
| 10 | BKR | Buy | 3.19% | $1.39B |
| 11 | OKE | Hold | 3.01% | $1.31B |
| 12 | TRGP | Hold | 2.85% | $1.24B |
| 13 | OXY | Hold | 2.48% | $1.08B |
| 14 | EQT | Hold | 2.10% | $917M |
| 15 | FANG | Hold | 2.03% | $886M |
| 16 | HAL | Hold | 1.73% | $754M |
| 17 | DVN | Buy | 1.65% | $721M |
| 18 | TPL | Hold | 1.46% | $634M |
| 19 | EXE | Hold | 1.38% | $604M |
| 20 | APA | Buy | 0.80% | $348M |
Source: SEC Form N-PORT-P (the fund’s latest public fiscal-quarter-end report, filed ~2 months after the period). Weights and values are as reported in the filing — a delayed snapshot, not a live book. Positions are resolved to tickers via the filing’s identifiers and CUSIP mapping; unresolved lines are excluded. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view. No market-price data is used on this page.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.