SWStonkWhisper

XLK Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2026-07-20

DP Shares
4.4M
Notional Value
$782.1M
DP % of Volume
10.8%
WoW Change
-21.9%

XLK dark pool volume for the week of 2026-07-20: 4.4M shares traded across 28 ATS venues with a total notional value of $782.1M. Volume is down 21.9% week-over-week. Off-exchange dark pool transactions account for 10.8% of total XLK market volume — within the normal institutional baseline range. Primary routing venues include , UBS ATS, INTELLIGENT CROSS LLC.

Dark pool activity in XLK reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for XLK.

DP Shares
4.4M
Notional
$782.1M
DP % of Vol
10.8%
WoW Change
-21.9%
Venues
28
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-204.4M10.8%-21.9%
2026-07-135.6M-5.3%
2026-07-065.9M+10.8%
2026-06-295.3M-12.6%
2026-06-226.1M+7.7%
2026-06-155.7M-43.0%
2026-06-089.9M17.5%+6.3%
2026-06-019.4M18.9%+26.5%
2026-05-257.4M14.9%-16.9%
2026-05-188.9M17.9%-3.2%
2026-05-119.2M18.6%+9.5%
2026-05-048.4M17.0%+44.6%

ATS Venue Breakdown (latest week)

4.4M
91.3K trades
UBSA
UBS ATS
1.0M
25.4K trades
INCR
INTELLIGENT CROSS LLC
978.3K
18.2K trades
MLIX
INSTINCT X
453.0K
6.1K trades
SGMT
SIGMA X2
353.1K
7.9K trades
EBXL
LEVEL ATS
349.2K
12.0K trades
CGXS
ONECHRONOS
178.3K
2.9K trades
PURE
PURESTREAM
119.4K
3.7K trades
JPMX
JPM-X
117.5K
2.3K trades
KCGM
VIRTU MATCHIT ATS
111.7K
1.8K trades
LATS
THE BARCLAYS ATS
99.0K
1.5K trades
ICBX
CBX
92.4K
2.1K trades
BIDS
BIDS ATS
66.7K
267 trades
MSPL
MS POOL (ATS-4)
64.1K
556 trades
JPBX
JPB-X
61.0K
887 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
60.9K
1.9K trades
ITGP
POSIT
60.9K
618 trades
BNPX
BNPP CORTEX ATS
38.7K
581 trades
ONEC
CITI-ONE ATS
32.3K
395 trades
IATS
IBKR ATS
26.9K
452 trades
MSRP
MS RPOOL (ATS-6)
23.1K
485 trades
XSTM
CROSSSTREAM
18.1K
136 trades
BLUE
BOATS
11.5K
362 trades
ALPX
ALPHAX US
11.5K
599 trades
BOSS
BRUCE MARKETS, LLC.
5.6K
72 trades
LQNA
LIQUIDNET H2O ATS
4.8K
57 trades
MOON
MOON ATS
2.3K
20 trades
STFX
STIFEL X
379
6 trades
IEOS
IBKR EOS ATS
50
3 trades