Global X Defense Tech ETF
SHLD
421 hedge funds and large institutions have $2.6B invested in Global X Defense Tech ETF in 2025 Q3 according to their latest regulatory filings, with 195 funds opening new positions, 156 increasing their positions, 39 reducing their positions, and 24 closing their positions.
713% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 24
300% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 39
146% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $5.23M
122% more capital invested
Capital invested by funds: $1.17B → $2.6B (+$1.43B)
67% more funds holding
Funds holding: 252 → 421 (+169)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
16.62% more ownership
Funds ownership: 41.24% → 57.86% (+17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$177M |
| 2 |
JP Morgan Chase
New York
|
+$126M |
| 3 |
LPL Financial
San Diego,
California
|
+$75.1M |
| 4 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$73.2M |
| 5 |
Morgan Stanley
New York
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Parker Investment Management
Menlo Park,
California
|
-$19.3M |
| 2 |
Jane Street
New York
|
-$15.5M |
| 3 |
MW
Marks Wealth
Annapolis,
Maryland
|
-$13.9M |
| 4 |
D.E. Shaw & Co
New York
|
-$9.76M |
| 5 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
-$9.72M |
SHLD Hedge Fund Activity: Q3 2025 in Review
421 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Global X Defense Tech ETF (SHLD) for Q3 2025, worth a combined $2.6B — up 122% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 195 funds opened new SHLD positions and 24 closed out — a net gain of 171 holders — while 156 added to existing stakes and 39 trimmed.
The largest buyer was Bank of America, adding an estimated $177M. The largest seller was Parker Investment Management, exiting entirely with an estimated $19.3M sold.
- 421 institutional investors held Global X Defense Tech ETF (SHLD) as of Q3 2025, up from 252 in Q2 2025.
- Funds reported $2.6B of Global X Defense Tech ETF stock for Q3 2025, up 122% quarter-over-quarter.
- 195 funds opened new Global X Defense Tech ETF positions in Q3 2025 and 24 closed out, a net change of +171 holders.
- The largest Global X Defense Tech ETF buyer in Q3 2025 was Bank of America, an estimated $177M added.
- The largest Global X Defense Tech ETF seller in Q3 2025 was Parker Investment Management, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2025.