Anavex Life Sciences Corp (AVXL)

[Doc328]

They publish complete holdings daily on a spreadsheet. I had previously downloaded March 14, and there were about 2.2 MM shares. I was busy on Monday, so I did not check, but there were 5.5 MM on Tuesday. A safe assumption is that they followed their rules. This occurred Friday at 4 p.m. Re-balancing rewards laggards that are still > 300 MM at the expense of the stocks flying the previous quarter (like MDGL going from 3% to 1% allocation).

https://www.ssga.com/us/en/intermediary/etfs/funds/spdr-sp-biotech-etf-xbi
Scroll down to holdings. At the bottom is a link to the summary prospectus that contains their "rules." I try to remember to download every re-balancing Friday and compare it to the following Monday. This is one of the most significant stock purchases from one quarter to the next.