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State Street SPDR Dow Jones Industrial Average ETF Trust

1,275 hedge funds and large institutions have $14.2B invested in State Street SPDR Dow Jones Industrial Average ETF Trust in 2025 Q2 according to their latest regulatory filings, with 122 funds opening new positions, 405 increasing their positions, 404 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 86

2% more funds holding

Funds holding: 1,2551,275 (+20)

0% more repeat investments, than reductions

Existing positions increased: 405 | Existing positions reduced: 404

0% more capital invested

Capital invested by funds: $14.2B → $14.2B (+$9.2M)

1.89% less ownership

Funds ownership: 38.87%36.98% (-1.9%)

21% less funds holding in top 10

Funds holding in top 10: 7358 (-15)

34% less call options, than puts

Call options by funds: $5.04B | Put options by funds: $7.69B

Holders
1,275
Holders Change
+20
Holders Change %
+1.59%
% of All Funds
16.79%
Holding in Top 10
58
Holding in Top 10 Change
-15
Holding in Top 10 Change %
-20.55%
% of All Funds
0.76%
New
122
Increased
405
Reduced
404
Closed
86
Calls
$5.04B
Puts
$7.69B
Net Calls
-$2.65B
Net Calls Change
-$2.05B
Name Holding Trade Value Shares
Change
Change in
Stake
AFG
26
Arkansas Financial Group
Arkansas
$102M -$747K -1,799 -0.8%
Millennium Management
27
Millennium Management
New York
$98.1M -$154K -370 -0.2%
Cetera Investment Advisers
28
Cetera Investment Advisers
Illinois
$97.2M +$11.1M +26,806 +14%
MASUI
29
MIRAE ASSET SECURITIES (USA) INC.
New York
$88.1M
Jones Financial Companies
30
Jones Financial Companies
Missouri
$83.4M +$15.6M +37,561 +25%
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$83.1M +$15.9M +38,288 +25%
Optiver Holding
32
Optiver Holding
Netherlands
$80.6M +$19.2M +46,364 +34%
PNC Financial Services Group
33
PNC Financial Services Group
Pennsylvania
$80.1M +$239K +577 +0.3%
BMM
34
Berkshire Money Management
Massachusetts
$79.7M +$15M +36,091 +25%
Stifel Financial
35
Stifel Financial
Missouri
$76M +$1.84M +4,438 +3%
Truist Financial
36
Truist Financial
North Carolina
$74.2M +$3.79M +9,123 +6%
CAPTRUST Financial Advisors
37
CAPTRUST Financial Advisors
North Carolina
$72M -$354K -852 -0.5%
SA
38
Sanctuary Advisors
Indiana
$67.9M -$710K -1,711 -1%
AG
39
AIA Group
Hong Kong
$57.4M +$35.4M +85,195 +189%
National Bank of Canada
40
National Bank of Canada
Quebec, Canada
$53.1M +$37.7M +90,781 +306%
Wealth Enhancement Advisory Services
41
Wealth Enhancement Advisory Services
Minnesota
$52.2M +$3.78M +9,100 +8%
AI
42
Atria Investments
North Carolina
$51.4M +$610K +1,469 +1%
SG Americas Securities
43
SG Americas Securities
New York
$49.5M -$11.2M -27,034 -19%
CWA
44
CM Wealth Advisors
Ohio
$49.3M -$581K -1,401 -1%
Creative Planning
45
Creative Planning
Kansas
$47.3M +$1.15M +2,780 +3%
HighTower Advisors
46
HighTower Advisors
Illinois
$40.6M +$7.41M +17,857 +24%
Cerity Partners
47
Cerity Partners
New York
$40.3M +$4.17M +10,038 +12%
PAG
48
Private Advisor Group
New Jersey
$38.2M -$10.3M -24,741 -22%
SGCA
49
Steel Grove Capital Advisors
Tennessee
$37.3M
Northern Trust
50
Northern Trust
Illinois
$36.4M +$1M +2,410 +3%

DIA Hedge Fund Activity: Q2 2025 in Review

1,275 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) for Q2 2025, worth a combined $14.2B — up 0.06% from $14.2B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new DIA positions and 86 closed out — a net gain of 36 holders — while 405 added to existing stakes and 404 trimmed.

The largest buyer was IMC Chicago, opening a new position worth an estimated $168M. The largest seller was Goldman Sachs, cutting an estimated $383M.

  • 1,275 institutional investors held State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) as of Q2 2025, up from 1,255 in Q1 2025.
  • Funds reported $14.2B of State Street SPDR Dow Jones Industrial Average ETF Trust stock for Q2 2025, up 0.06% quarter-over-quarter.
  • 122 funds opened new State Street SPDR Dow Jones Industrial Average ETF Trust positions in Q2 2025 and 86 closed out, a net change of +36 holders.
  • The largest State Street SPDR Dow Jones Industrial Average ETF Trust buyer in Q2 2025 was IMC Chicago, an estimated $168M added.
  • The largest State Street SPDR Dow Jones Industrial Average ETF Trust seller in Q2 2025 was Goldman Sachs, an estimated $383M sold.

Based on aggregated 13F filings for Q2 2025.