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.
3% more funds holding in top 10
Funds holding in top 10: 71 → 73 (+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: 1,295 → 1,256 (-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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$301M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$186M |
| 3 |
HP
Hancock Prospecting
West Perth,
Australia
|
+$175M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$109M |
| 5 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
+$74.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$671M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$238M |
| 3 |
AG
AIA Group
Hong Kong
|
-$134M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$115M |
| 5 |
Jane Street
New York
|
-$106M |
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.