State Street SPDR Dow Jones Industrial Average ETF Trust
1,287 hedge funds and large institutions have $15B invested in State Street SPDR Dow Jones Industrial Average ETF Trust in 2025 Q3 according to their latest regulatory filings, with 100 funds opening new positions, 372 increasing their positions, 417 reducing their positions, and 70 closing their positions.
43% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 70
18% more capital inflows, than outflows
Capital inflows: $2.43B | Capital outflows: $2.07B
1% more funds holding
Funds holding: 1,278 → 1,287 (+9)
0.65% more ownership
Funds ownership: 37.15% → 37.81% (+0.65%)
10% less funds holding in top 10
Funds holding in top 10: 58 → 52 (-6)
11% less repeat investments, than reductions
Existing positions increased: 372 | Existing positions reduced: 417
39% less call options, than puts
Call options by funds: $6.08B | Put options by funds: $9.96B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$939M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$238M |
| 3 |
Two Sigma Investments
New York
|
+$231M |
| 4 |
Capital Wealth Planning
Naples,
Florida
|
+$202M |
| 5 |
Jane Street
New York
|
+$120M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hancock Prospecting
West Perth,
Australia
|
-$374M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$238M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$187M |
| 4 |
Morgan Stanley
New York
|
-$150M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$135M |
DIA Hedge Fund Activity: Q3 2025 in Review
1,287 of the 7,647 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) for Q3 2025, worth a combined $15B — up 5.6% from $14.2B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new DIA positions and 70 closed out — a net gain of 30 holders — while 372 added to existing stakes and 417 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $939M. The largest seller was Hancock Prospecting, exiting entirely with an estimated $374M sold.
- 1,287 institutional investors held State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) as of Q3 2025, up from 1,278 in Q2 2025.
- Funds reported $15B of State Street SPDR Dow Jones Industrial Average ETF Trust stock for Q3 2025, up 5.6% quarter-over-quarter.
- 100 funds opened new State Street SPDR Dow Jones Industrial Average ETF Trust positions in Q3 2025 and 70 closed out, a net change of +30 holders.
- The largest State Street SPDR Dow Jones Industrial Average ETF Trust buyer in Q3 2025 was Goldman Sachs, an estimated $939M added.
- The largest State Street SPDR Dow Jones Industrial Average ETF Trust seller in Q3 2025 was Hancock Prospecting, an estimated $374M sold.
Based on aggregated 13F filings for Q3 2025.