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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
Morgan Stanley
1
Morgan Stanley
New York
$2B -$54.3M -130,755 -3%
Bank of America
2
Bank of America
North Carolina
$1.06B -$136M -326,708 -12%
LPL Financial
3
LPL Financial
California
$701M -$1.94M -4,664 -0.3%
Wells Fargo
4
Wells Fargo
California
$602M +$4.79M +11,534 +0.9%
Citadel Advisors
5
Citadel Advisors
Florida
$515M -$7.29M -17,565 -1%
Goldman Sachs
6
Goldman Sachs
New York
$504M -$383M -924,111 -45%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$418M +$101M +243,278 +34%
HP
8
Hancock Prospecting
Australia
$374M
UBS Group
9
UBS Group
Switzerland
$349M +$499K +1,202 +0.2%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$264M +$38.6M +93,068 +18%
Wolverine Trading
11
Wolverine Trading
Illinois
$242M +$125M +301,242 +120%
CM
12
Churchill Management
California
$235M +$495K +1,194 +0.2%
Ameriprise
13
Ameriprise
Minnesota
$234M -$20.7M -49,820 -8%
JP Morgan Chase
14
JP Morgan Chase
New York
$218M +$13.9M +33,614 +7%
Barclays
15
Barclays
United Kingdom
$198M +$168M +404,098 +896%
Raymond James Financial
16
Raymond James Financial
Florida
$191M +$3.6M +8,669 +2%
IMC Chicago
17
IMC Chicago
Illinois
$179M +$168M +405,804 New
NAM
18
Nissay Asset Management
Japan
$173M
BNP Paribas Financial Markets
19
BNP Paribas Financial Markets
France
$169M -$213M -512,285 -57%
Citigroup
20
Citigroup
New York
$145M +$83.3M +200,731 +156%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$124M +$692K +1,668 +0.6%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$118M +$3.29M +7,927 +3%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$115M +$6.07M +14,621 +6%
Osaic Holdings
24
Osaic Holdings
Arizona
$105M -$2.67M -6,424 -3%
Bank of Nova Scotia
25
Bank of Nova Scotia
Ontario, Canada
$105M +$98.5M +237,407 New

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.