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State Street SPDR Dow Jones Industrial Average ETF Trust

1,256 hedge funds and large institutions have $14.2B invested in State Street SPDR Dow Jones Industrial Average ETF Trust in 2025 Q1 according to their latest regulatory filings, with 92 funds opening new positions, 394 increasing their positions, 431 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more funds holding in top 10

Funds holding in top 10: 7173 (+2)

9% less repeat investments, than reductions

Existing positions increased: 394 | Existing positions reduced: 431

9% less call options, than puts

Call options by funds: $5.93B | Put options by funds: $6.53B

1.17% less ownership

Funds ownership: 40.04%38.87% (-1.2%)

3% less funds holding

Funds holding: 1,2951,256 (-39)

12% less first-time investments, than exits

New positions opened: 92 | Existing positions closed: 105

14% less capital invested

Capital invested by funds: $16.5B → $14.2B (-$2.29B)

Holders
1,256
Holders Change
-39
Holders Change %
-3.01%
% of All Funds
16.84%
Holding in Top 10
73
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+2.82%
% of All Funds
0.98%
New
92
Increased
394
Reduced
431
Closed
105
Calls
$5.93B
Puts
$6.53B
Net Calls
-$599M
Net Calls Change
-$711M
Name Holding Trade Value Shares
Change
Change in
Stake
AFG
26
Arkansas Financial Group
Arkansas
$92.1M -$565K -1,306 -0.6%
MWM
27
Modern Wealth Management
Kansas
$87.2M +$20.5M +47,490 +30%
MASUI
28
MIRAE ASSET SECURITIES (USA) INC.
New York
$84M
Cetera Investment Advisers
29
Cetera Investment Advisers
Illinois
$81.4M -$5.01M -11,589 -6%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$76.1M -$314K -727 -0.4%
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$75.3M +$61.5M +142,156 +382%
Stifel Financial
32
Stifel Financial
Missouri
$70.6M -$1.89M -4,381 -3%
CAPTRUST Financial Advisors
33
CAPTRUST Financial Advisors
North Carolina
$68.9M +$47M +108,762 +196%
Truist Financial
34
Truist Financial
North Carolina
$66.9M +$1.06M +2,450 +2%
SA
35
Sanctuary Advisors
Indiana
$65.4M -$93.8K -217 -0.1%
Jones Financial Companies
36
Jones Financial Companies
Missouri
$63.5M +$13.7M +31,630 +26%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$63.1M +$8.28M +19,138 +15%
BMM
38
Berkshire Money Management
Massachusetts
$60.8M -$757K -1,751 -1%
SG Americas Securities
39
SG Americas Securities
New York
$58.5M -$73.8M -170,581 -55%
Optiver Holding
40
Optiver Holding
Netherlands
$57.4M +$29.4M +67,891 +99%
Citigroup
41
Citigroup
New York
$54.1M +$43.3M +100,059 +346%
HSBC Holdings
42
HSBC Holdings
United Kingdom
$52.4M +$53.3M +123,184 +7,183%
AI
43
Atria Investments
North Carolina
$48.3M -$672K -1,553 -1%
CWA
44
CM Wealth Advisors
Ohio
$47.5M -$574K -1,327 -1%
PAG
45
Private Advisor Group
New Jersey
$46.8M -$73.7M -170,410 -60%
WHGC
46
Wealth High Governance Capital
Brazil
$46.2M +$47.6M +110,000 New
Wealth Enhancement Advisory Services
47
Wealth Enhancement Advisory Services
Minnesota
$45.1M +$2.62M +6,065 +6%
Creative Planning
48
Creative Planning
Kansas
$43.9M +$2.69M +6,228 +6%
CIBC World Market
49
CIBC World Market
Ontario, Canada
$41.6M -$84.9M -196,301 -66%
SGCA
50
Steel Grove Capital Advisors
Tennessee
$35.5M

DIA Hedge Fund Activity: Q1 2025 in Review

1,256 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) for Q1 2025, worth a combined $14.2B — down 14% from $16.5B a quarter earlier.

Sellers outnumbered buyers: 105 funds closed out of DIA and 92 opened new positions — a net loss of 13 holders — while 431 trimmed existing stakes and 394 added.

The largest buyer was Morgan Stanley, adding an estimated $301M. The largest seller was Royal Bank of Canada, cutting an estimated $671M.

  • 1,256 institutional investors held State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) as of Q1 2025, down from 1,295 in Q4 2024.
  • Funds reported $14.2B of State Street SPDR Dow Jones Industrial Average ETF Trust stock for Q1 2025, down 14% quarter-over-quarter.
  • 92 funds opened new State Street SPDR Dow Jones Industrial Average ETF Trust positions in Q1 2025 and 105 closed out, a net change of -13 holders.
  • The largest State Street SPDR Dow Jones Industrial Average ETF Trust buyer in Q1 2025 was Morgan Stanley, an estimated $301M added.
  • The largest State Street SPDR Dow Jones Industrial Average ETF Trust seller in Q1 2025 was Royal Bank of Canada, an estimated $671M sold.

Based on aggregated 13F filings for Q1 2025.