Global X Defense Tech ETF
SHLD
136 hedge funds and large institutions have $524M invested in Global X Defense Tech ETF in 2025 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 50 increasing their positions, 17 reducing their positions, and 32 closing their positions.
1,274% more call options, than puts
Call options by funds: $577K | Put options by funds: $42K
194% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 17
84% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 32
77% more capital invested
Capital invested by funds: $296M → $524M (+$228M)
24% more funds holding
Funds holding: 110 → 136 (+26)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.62% less ownership
Funds ownership: 44.97% → 42.34% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$76.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$36.6M |
| 3 |
HC
Henshaw Capital
Woburn,
Massachusetts
|
+$32.2M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$25.7M |
| 5 |
Morgan Stanley
New York
|
+$23.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$64.2M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$51M |
| 3 |
Jane Street
New York
|
-$9.19M |
| 4 |
TC
TownSquare Capital
Provo,
Utah
|
-$7.51M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.58M |
SHLD Hedge Fund Activity: Q1 2025 in Review
136 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Global X Defense Tech ETF (SHLD) for Q1 2025, worth a combined $524M — up 77% from $296M a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new SHLD positions and 32 closed out — a net gain of 27 holders — while 50 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $76.7M. The largest seller was 3EDGE Asset Management, exiting entirely with an estimated $64.2M sold.
- 136 institutional investors held Global X Defense Tech ETF (SHLD) as of Q1 2025, up from 110 in Q4 2024.
- Funds reported $524M of Global X Defense Tech ETF stock for Q1 2025, up 77% quarter-over-quarter.
- 59 funds opened new Global X Defense Tech ETF positions in Q1 2025 and 32 closed out, a net change of +27 holders.
- The largest Global X Defense Tech ETF buyer in Q1 2025 was Bank of America, an estimated $76.7M added.
- The largest Global X Defense Tech ETF seller in Q1 2025 was 3EDGE Asset Management, an estimated $64.2M sold.
Based on aggregated 13F filings for Q1 2025.