SWStonkWhisper

XLU Dark Pool Activity

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

DP Shares
15.0M
Notional Value
$684.3M
DP % of Volume
12.1%
WoW Change
-2.3%

XLU dark pool volume for the week of 2026-07-20: 15.0M shares traded across 26 ATS venues with a total notional value of $684.3M. Volume is down 2.3% week-over-week. Off-exchange dark pool transactions account for 12.1% of total XLU market volume — within the normal institutional baseline range. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.

Dark pool activity in XLU 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 XLU.

DP Shares
15.0M
Notional
$684.3M
DP % of Vol
12.1%
WoW Change
-2.3%
Venues
26
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2026-07-2015.0M12.1%-2.3%
2026-07-1315.4M12.4%+16.4%
2026-07-0613.2M-12.4%
2026-06-2915.1M-18.6%
2026-06-2218.5M+16.6%
2026-06-1515.9M15.8%-13.8%
2026-06-0818.4M18.3%-19.0%
2026-06-0122.7M24.1%+69.1%
2026-05-2513.4M14.2%-30.2%
2026-05-1819.3M20.4%-14.5%
2026-05-1122.5M23.9%+20.9%
2026-05-0418.7M19.8%+37.0%

ATS Venue Breakdown (latest week)

15.0M
77.9K trades
INCR
INTELLIGENT CROSS LLC
4.1M
20.5K trades
UBSA
UBS ATS
3.2M
15.0K trades
MLIX
INSTINCT X
1.6M
5.6K trades
SGMT
SIGMA X2
963.9K
6.8K trades
CGXS
ONECHRONOS
885.8K
3.1K trades
EBXL
LEVEL ATS
836.6K
7.5K trades
MSPL
MS POOL (ATS-4)
475.7K
1.2K trades
PURE
PURESTREAM
390.2K
6.2K trades
LATS
THE BARCLAYS ATS
375.0K
1.7K trades
JPBX
JPB-X
322.9K
1.6K trades
JPMX
JPM-X
308.4K
1.8K trades
ITGP
POSIT
217.8K
579 trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
211.5K
1.8K trades
BIDS
BIDS ATS
211.3K
300 trades
KCGM
VIRTU MATCHIT ATS
204.7K
1.1K trades
BNPX
BNPP CORTEX ATS
184.6K
593 trades
ICBX
CBX
138.7K
991 trades
IATS
IBKR ATS
132.9K
609 trades
ONEC
CITI-ONE ATS
98.2K
343 trades
XSTM
CROSSSTREAM
39.8K
104 trades
MSRP
MS RPOOL (ATS-6)
39.2K
142 trades
BLKX
INSTINET BLOCKCROSS
12.6K
7 trades
ALPX
ALPHAX US
12.3K
184 trades
BOSS
BRUCE MARKETS, LLC.
7.1K
27 trades
BLUE
BOATS
6.2K
167 trades
LQNA
LIQUIDNET H2O ATS
2.9K
1 trades