State Street SPDR Dow Jones International Real Estate ETF
RWX
112 hedge funds and large institutions have $167M invested in State Street SPDR Dow Jones International Real Estate ETF in 2025 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 48 reducing their positions, and 36 closing their positions.
18% less funds holding
Funds holding: 137 → 112 (-25)
36% less capital invested
Capital invested by funds: $262M → $167M (-$95.1M)
36.78% less ownership
Funds ownership: 92.92% → 56.14% (-37%)
56% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 48
67% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 36
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$6.63M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.35M |
| 3 |
Jane Street
New York
|
+$1.68M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$34.9M |
| 2 |
Envestnet Portfolio Solutions
Chicago,
Illinois
|
-$14.1M |
| 3 |
LPL Financial
San Diego,
California
|
-$10.8M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.6M |
| 5 |
AssetMark Inc
Concord,
California
|
-$6.74M |
RWX Hedge Fund Activity: Q3 2025 in Review
112 of the 7,642 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Dow Jones International Real Estate ETF (RWX) for Q3 2025, worth a combined $167M — down 36% from $262M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of RWX and 12 opened new positions — a net loss of 24 holders — while 48 trimmed existing stakes and 21 added.
The largest buyer was Baker Avenue Asset Management, adding an estimated $6.63M. The largest seller was State Street, cutting an estimated $34.9M.
- 112 institutional investors held State Street SPDR Dow Jones International Real Estate ETF (RWX) as of Q3 2025, down from 137 in Q2 2025.
- Funds reported $167M of State Street SPDR Dow Jones International Real Estate ETF stock for Q3 2025, down 36% quarter-over-quarter.
- 12 funds opened new State Street SPDR Dow Jones International Real Estate ETF positions in Q3 2025 and 36 closed out, a net change of -24 holders.
- The largest State Street SPDR Dow Jones International Real Estate ETF buyer in Q3 2025 was Baker Avenue Asset Management, an estimated $6.63M added.
- The largest State Street SPDR Dow Jones International Real Estate ETF seller in Q3 2025 was State Street, an estimated $34.9M sold.
Based on aggregated 13F filings for Q3 2025.