Global X Defense Tech ETF
SHLD
252 hedge funds and large institutions have $1.17B invested in Global X Defense Tech ETF in 2025 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 87 increasing their positions, 24 reducing their positions, and 11 closing their positions.
1,055% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 11
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
428% more call options, than puts
Call options by funds: $9.28M | Put options by funds: $1.76M
263% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 24
124% more capital invested
Capital invested by funds: $524M → $1.17B (+$649M)
85% more funds holding
Funds holding: 136 → 252 (+116)
1.1% less ownership
Funds ownership: 42.34% → 41.24% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$80.6M |
| 2 |
Morgan Stanley
New York
|
+$51.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$44.8M |
| 4 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$44.2M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$26.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$29.5M |
| 2 |
PW
Potentia Wealth
San Jose,
California
|
-$8.42M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$7.61M |
| 4 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$6.72M |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
-$4.61M |
SHLD Hedge Fund Activity: Q2 2025 in Review
252 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Global X Defense Tech ETF (SHLD) for Q2 2025, worth a combined $1.17B — up 124% from $524M a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new SHLD positions and 11 closed out — a net gain of 116 holders — while 87 added to existing stakes and 24 trimmed.
The largest buyer was Bank of America, adding an estimated $80.6M. The largest seller was Raymond James Financial, cutting an estimated $29.5M.
- 252 institutional investors held Global X Defense Tech ETF (SHLD) as of Q2 2025, up from 136 in Q1 2025.
- Funds reported $1.17B of Global X Defense Tech ETF stock for Q2 2025, up 124% quarter-over-quarter.
- 127 funds opened new Global X Defense Tech ETF positions in Q2 2025 and 11 closed out, a net change of +116 holders.
- The largest Global X Defense Tech ETF buyer in Q2 2025 was Bank of America, an estimated $80.6M added.
- The largest Global X Defense Tech ETF seller in Q2 2025 was Raymond James Financial, an estimated $29.5M sold.
Based on aggregated 13F filings for Q2 2025.