State Street SPDR S&P Global Natural Resources ETF
291 hedge funds and large institutions have $3.8B invested in State Street SPDR S&P Global Natural Resources ETF in 2026 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 91 increasing their positions, 80 reducing their positions, and 17 closing their positions.
241% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 17
28% more capital invested
Capital invested by funds: $2.97B → $3.8B (+$824M)
15% more funds holding
Funds holding: 254 → 291 (+37)
14% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 80
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
1.44% less ownership
Funds ownership: 77.87% → 76.43% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$122M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$73.5M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$36.8M |
| 4 |
Jane Street
New York
|
+$35.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$126M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
SWM
Sendero Wealth Management
San Antonio,
Texas
|
-$15M |
| 4 |
JP Morgan Chase
New York
|
-$10.2M |
| 5 |
NL
NEPC LLC
Boston,
Massachusetts
|
-$9.79M |
GNR Hedge Fund Activity: Q1 2026 in Review
291 institutional investors reported a position in State Street SPDR S&P Global Natural Resources ETF (GNR) for Q1 2026, worth a combined $3.8B — up 28% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new GNR positions and 17 closed out — a net gain of 41 holders — while 91 added to existing stakes and 80 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $122M. The largest seller was Schroder Investment Management Group, cutting an estimated $126M.
- 291 institutional investors held State Street SPDR S&P Global Natural Resources ETF (GNR) as of Q1 2026, up from 254 in Q4 2025.
- Funds reported $3.8B of State Street SPDR S&P Global Natural Resources ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 58 funds opened new State Street SPDR S&P Global Natural Resources ETF positions in Q1 2026 and 17 closed out, a net change of +41 holders.
- The largest State Street SPDR S&P Global Natural Resources ETF buyer in Q1 2026 was T. Rowe Price Associates, an estimated $122M added.
- The largest State Street SPDR S&P Global Natural Resources ETF seller in Q1 2026 was Schroder Investment Management Group, an estimated $126M sold.
Based on aggregated 13F filings for Q1 2026.