Communication Services Select Sector SPDR Fund
Portfolio Exposure & Concentration
Look-through constituent allocation & index mechanics (S47B)
Securities in fund basket
Combined weight of largest 10
Meta Platforms Inc. Class A
Active industry exposures
Top 25 Holdings — XLC (S47B-01)
Statutory Form N-PORT authenticated portfolio weights with direct equity research bridge (S47B-04)
| # | Company / Security | Portfolio Weight | Equity Research |
|---|---|---|---|
| 1 | METAMeta Platforms Inc. Class A | 23.80% | Stock Dossier |
| 2 | GOOGLAlphabet Inc. Class A | 12.40% | Stock Dossier |
| 3 | GOOGAlphabet Inc. Class C | 11.20% | Stock Dossier |
| 4 | NFLXNetflix Inc. | 5.80% | Stock Dossier |
| 5 | DISThe Walt Disney Company | 4.80% | Stock Dossier |
| 6 | CMCSAComcast Corporation Class A | 4.20% | Stock Dossier |
| 7 | TMUST-Mobile US Inc. | 4.00% | Stock Dossier |
| 8 | VZVerizon Communications Inc. | 3.80% | Stock Dossier |
| 9 | TAT&T Inc. | 3.50% | Stock Dossier |
| 10 | EAElectronic Arts Inc. | 2.20% | Stock Dossier |
| 11 | TTWOTake-Two Interactive Software | 1.80% | Stock Dossier |
| 12 | WBDWarner Bros. Discovery Inc. | 1.60% | Stock Dossier |
| 13 | LYVLive Nation Entertainment Inc. | 1.50% | Stock Dossier |
| 14 | OMNOmnicom Group Inc. | 1.40% | Stock Dossier |
| 15 | IPGInterpublic Group of Cos. | 1.20% | Stock Dossier |
| 16 | FOXAFox Corporation Class A | 1.10% | Stock Dossier |
| 17 | FOXFox Corporation Class B | 1.00% | Stock Dossier |
| 18 | MTCHMatch Group Inc. | 0.90% | Stock Dossier |
| 19 | NWSANews Corporation Class A | 0.80% | Stock Dossier |
| 20 | NWSNews Corporation Class B | 0.70% | Stock Dossier |
| 21 | PARAParamount Global Class B | 0.60% | Stock Dossier |
| 22 | CHTRCharter Communications Inc. | 0.50% | Stock Dossier |
| 23 | LUMNLumen Technologies Inc. | 0.40% | Stock Dossier |
GICS 11-Sector Allocation (S47B-02)
Industry diversification across standard economic classifications
Portfolio Breakdown & Allocation Matrix
Multi-dimensional constituent classification sourced from SEC Form N-PORT and Issuer Fact Sheets (S48-Phase 2)
Sub-sector clusters reflect concentrated industry exposures beyond broad GICS sectors.
Market Cap Tier Breakdown (S47B-05)
Weighted capital size distribution of fund holdings
Look-Through Concentration Engine (S47B-03)
Calculates aggregate effective single-stock exposure across direct holdings & pooled ETFs
// Mathematical SSOT Formulation:
W_i = w_{direct, i} + ∑_f (a_f × w_{f,i})
Real-World Institutional Use-Case:
An investor holding 5% direct AAPL equity, plus 40% in VOO and 20% in QQQ, actually bears:
Vantage Portfolios look-through alerts eliminate hidden tech over-concentration and unintended double-exposure across multi-asset portfolios.