State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
1,370 hedge funds and large institutions have $16.3B invested in State Street SPDR Dow Jones Industrial Average ETF Trust in 2026 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 427 increasing their positions, 420 reducing their positions, and 115 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 427 | Existing positions reduced: 420
3% less first-time investments, than exits
New positions opened: 112 | Existing positions closed: 115
1% less funds holding
Funds holding: 1,389 → 1,370 (-19)
3.65% less ownership
Funds ownership: 42.73% → 39.07% (-3.7%)
12% less funds holding in top 10
Funds holding in top 10: 69 → 61 (-8)
13% less capital invested
Capital invested by funds: $18.8B → $16.3B (-$2.54B)
39% less call options, than puts
Call options by funds: $6.33B | Put options by funds: $10.4B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$343M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$69.6M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
+$68.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$64.6M |
| 5 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
+$62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.21B |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$681M |
| 3 |
Jane Street
New York
|
-$280M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$180M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$100M |
DIA Hedge Fund Activity: Q1 2026 in Review
1,370 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) for Q1 2026, worth a combined $16.3B — down 13% from $18.8B a quarter earlier.
Sellers outnumbered buyers: 115 funds closed out of DIA and 112 opened new positions — a net loss of 3 holders — while 420 trimmed existing stakes and 427 added.
The largest buyer was Morgan Stanley, adding an estimated $343M. The largest seller was Goldman Sachs, cutting an estimated $1.21B.
- 1,370 institutional investors held State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) as of Q1 2026, down from 1,389 in Q4 2025.
- Funds reported $16.3B of State Street SPDR Dow Jones Industrial Average ETF Trust stock for Q1 2026, down 13% quarter-over-quarter.
- 112 funds opened new State Street SPDR Dow Jones Industrial Average ETF Trust positions in Q1 2026 and 115 closed out, a net change of -3 holders.
- The largest State Street SPDR Dow Jones Industrial Average ETF Trust buyer in Q1 2026 was Morgan Stanley, an estimated $343M added.
- The largest State Street SPDR Dow Jones Industrial Average ETF Trust seller in Q1 2026 was Goldman Sachs, an estimated $1.21B sold.
Based on aggregated 13F filings for Q1 2026.