State Street SPDR S&P Dividend ETF
1,237 hedge funds and large institutions have $9.14B invested in State Street SPDR S&P Dividend ETF in 2025 Q4 according to their latest regulatory filings, with 140 funds opening new positions, 354 increasing their positions, 419 reducing their positions, and 48 closing their positions.
192% more first-time investments, than exits
New positions opened: 140 | Existing positions closed: 48
31% more funds holding in top 10
Funds holding in top 10: 29 → 38 (+9)
15% more call options, than puts
Call options by funds: $8.52M | Put options by funds: $7.38M
5% more funds holding
Funds holding: 1,174 → 1,237 (+63)
1.95% more ownership
Funds ownership: 43.89% → 45.84% (+1.9%)
2% more capital invested
Capital invested by funds: $8.94B → $9.14B (+$204M)
16% less repeat investments, than reductions
Existing positions increased: 354 | Existing positions reduced: 419
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$160M |
| 2 |
JIC
Joel Isaacson & Co
New York
|
+$16.9M |
| 3 |
CCM
Coldstream Capital Management
Bellevue,
Washington
|
+$14.1M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$14M |
| 5 |
Morgan Stanley
New York
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$17M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$14M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$10.3M |
| 4 |
DWM
Destination Wealth Management
Walnut Creek,
California
|
-$6.18M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.77M |
SDY Hedge Fund Activity: Q4 2025 in Review
1,237 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Dividend ETF (SDY) for Q4 2025, worth a combined $9.14B — up 2.3% from $8.94B a quarter earlier.
Buyers outnumbered sellers: 140 funds opened new SDY positions and 48 closed out — a net gain of 92 holders — while 354 added to existing stakes and 419 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $160M. The largest seller was 1ST Source Bank, cutting an estimated $17M.
- 1,237 institutional investors held State Street SPDR S&P Dividend ETF (SDY) as of Q4 2025, up from 1,174 in Q3 2025.
- Funds reported $9.14B of State Street SPDR S&P Dividend ETF stock for Q4 2025, up 2.3% quarter-over-quarter.
- 140 funds opened new State Street SPDR S&P Dividend ETF positions in Q4 2025 and 48 closed out, a net change of +92 holders.
- The largest State Street SPDR S&P Dividend ETF buyer in Q4 2025 was Susquehanna International Group, an estimated $160M added.
- The largest State Street SPDR S&P Dividend ETF seller in Q4 2025 was 1ST Source Bank, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2025.