State Street SPDR Portfolio Developed World ex-US ETF
SPDW
1,162 hedge funds and large institutions have $27B invested in State Street SPDR Portfolio Developed World ex-US ETF in 2025 Q4 according to their latest regulatory filings, with 158 funds opening new positions, 508 increasing their positions, 329 reducing their positions, and 44 closing their positions.
259% more first-time investments, than exits
New positions opened: 158 | Existing positions closed: 44
54% more repeat investments, than reductions
Existing positions increased: 508 | Existing positions reduced: 329
14% more funds holding in top 10
Funds holding in top 10: 144 → 164 (+20)
12% more capital invested
Capital invested by funds: $24.2B → $27B (+$2.8B)
9% more funds holding
Funds holding: 1,069 → 1,162 (+93)
0.88% more ownership
Funds ownership: 80.06% → 80.94% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$541M |
| 2 |
AOI
Auto-Owners Insurance
Lansing,
Michigan
|
+$193M |
| 3 |
LPL Financial
San Diego,
California
|
+$144M |
| 4 |
State Street
Boston,
Massachusetts
|
+$112M |
| 5 |
Morgan Stanley
New York
|
+$75.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$111M |
| 2 |
Financial Engines Advisors
Santa Clara,
California
|
-$55.6M |
| 3 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
-$30.9M |
| 4 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$29.2M |
| 5 |
WFPG
Waller Financial Planning Group
Columbus,
Ohio
|
-$26.4M |
SPDW Hedge Fund Activity: Q4 2025 in Review
1,162 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR Portfolio Developed World ex-US ETF (SPDW) for Q4 2025, worth a combined $27B — up 12% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 158 funds opened new SPDW positions and 44 closed out — a net gain of 114 holders — while 508 added to existing stakes and 329 trimmed.
The largest buyer was Creative Planning, adding an estimated $541M. The largest seller was Bank of New York Mellon, cutting an estimated $111M.
- 1,162 institutional investors held State Street SPDR Portfolio Developed World ex-US ETF (SPDW) as of Q4 2025, up from 1,069 in Q3 2025.
- Funds reported $27B of State Street SPDR Portfolio Developed World ex-US ETF stock for Q4 2025, up 12% quarter-over-quarter.
- 158 funds opened new State Street SPDR Portfolio Developed World ex-US ETF positions in Q4 2025 and 44 closed out, a net change of +114 holders.
- The largest State Street SPDR Portfolio Developed World ex-US ETF buyer in Q4 2025 was Creative Planning, an estimated $541M added.
- The largest State Street SPDR Portfolio Developed World ex-US ETF seller in Q4 2025 was Bank of New York Mellon, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2025.