Global X Defense Tech ETF
SHLD
495 hedge funds and large institutions have $3.01B invested in Global X Defense Tech ETF in 2025 Q4 according to their latest regulatory filings, with 112 funds opening new positions, 250 increasing their positions, 91 reducing their positions, and 35 closing their positions.
220% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 35
175% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 91
18% more funds holding
Funds holding: 421 → 495 (+74)
16% more capital invested
Capital invested by funds: $2.6B → $3.01B (+$406M)
2.28% more ownership
Funds ownership: 57.86% → 60.15% (+2.3%)
11% less call options, than puts
Call options by funds: $6.66M | Put options by funds: $7.46M
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$122M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$64.3M |
| 3 |
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
|
+$36M |
| 4 |
LPL Financial
San Diego,
California
|
+$30.7M |
| 5 |
Morgan Stanley
New York
|
+$22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.6M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$11.9M |
| 3 |
CAU
Caxton Associates (UK)
London,
|
-$10.4M |
| 4 |
FS
Financially Speaking
Greenwood Village,
Colorado
|
-$5.66M |
| 5 |
SG Americas Securities
New York
|
-$4.94M |
SHLD Hedge Fund Activity: Q4 2025 in Review
495 of the 8,261 institutional investors tracked by Wall St. Rank reported a position in Global X Defense Tech ETF (SHLD) for Q4 2025, worth a combined $3.01B — up 16% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new SHLD positions and 35 closed out — a net gain of 77 holders — while 250 added to existing stakes and 91 trimmed.
The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $122M. The largest seller was Royal Bank of Canada, cutting an estimated $23.6M.
- 495 institutional investors held Global X Defense Tech ETF (SHLD) as of Q4 2025, up from 421 in Q3 2025.
- Funds reported $3.01B of Global X Defense Tech ETF stock for Q4 2025, up 16% quarter-over-quarter.
- 112 funds opened new Global X Defense Tech ETF positions in Q4 2025 and 35 closed out, a net change of +77 holders.
- The largest Global X Defense Tech ETF buyer in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $122M added.
- The largest Global X Defense Tech ETF seller in Q4 2025 was Royal Bank of Canada, an estimated $23.6M sold.
Based on aggregated 13F filings for Q4 2025.