State Street SPDR S&P Aerospace & Defense ETF
409 hedge funds and large institutions have $1.6B invested in State Street SPDR S&P Aerospace & Defense ETF in 2025 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 121 increasing their positions, 128 reducing their positions, and 25 closing their positions.
514% more call options, than puts
Call options by funds: $9.45M | Put options by funds: $1.54M
176% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 25
100% more funds holding in top 10
Funds holding in top 10: 4 → 8 (+4)
39% more capital invested
Capital invested by funds: $1.15B → $1.6B (+$451M)
11% more funds holding
Funds holding: 368 → 409 (+41)
0.09% less ownership
Funds ownership: 45.09% → 45% (-0.09%)
5% less repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
+$29.2M |
| 2 |
MW
Marks Wealth
Annapolis,
Maryland
|
+$20.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13M |
| 4 |
SFGP
Stonebridge Financial Group (Pennsylvania)
Wormleysburg,
Pennsylvania
|
+$12.3M |
| 5 |
SAS
SMI Advisory Services
Columbus,
Indiana
|
+$8.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$12M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$8.78M |
| 4 |
TCMP
Thrive Capital Management (Pennsylvania)
Fort Washington,
Pennsylvania
|
-$8.57M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PBK
426
Peoples Bank (Kansas)
Pratt,
Kansas
| – | -$13K | -81 | Closed |
|
|
GWS
427
Glassman Wealth Services
Vienna,
Virginia
| – | -$11.7K | -73 | Closed |
|
|
PA
428
PSI Advisors
Tampa,
Florida
| – | -$8.84K | -55 | Closed |
|
|
RIA
429
Realta Investment Advisors
Wilmington,
Delaware
| – | -$7.44K | -46 | Closed |
|
|
MIA
430
MeadowBrook Investment Advisors
Livonia,
Michigan
| – | -$7.23K | -45 | Closed |
|
|
GWMI
431
Guardian Wealth Management (Illinois)
Peoria,
Illinois
| – | -$4.34K | -27 | Closed |
|
|
CA
432
Continuum Advisory
Eagle,
Idaho
| – | -$3.54K | -22 | Closed |
|
433
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2.41K | -15 | Closed |
|
|
FDW
434
Fourth Dimension Wealth
Middleburg Heights,
Ohio
| – | -$1.61K | -10 | Closed |
|
|
HWM
435
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$964 | -6 | Closed |
|
|
RCA
436
Runnymede Capital Advisors
Dublin,
Ohio
| – | -$482 | -3 | Closed |
|
|
LWMI
437
Legacy Wealth Management (Idaho)
Boise,
Idaho
| – | -$322 | -2 | Closed |
|
XAR Hedge Fund Activity: Q2 2025 in Review
409 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Aerospace & Defense ETF (XAR) for Q2 2025, worth a combined $1.6B — up 39% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new XAR positions and 25 closed out — a net gain of 44 holders — while 121 added to existing stakes and 128 trimmed.
The largest buyer was Affinity Wealth Management, opening a new position worth an estimated $29.2M. The largest seller was LPL Financial, cutting an estimated $12M.
- 409 institutional investors held State Street SPDR S&P Aerospace & Defense ETF (XAR) as of Q2 2025, up from 368 in Q1 2025.
- Funds reported $1.6B of State Street SPDR S&P Aerospace & Defense ETF stock for Q2 2025, up 39% quarter-over-quarter.
- 69 funds opened new State Street SPDR S&P Aerospace & Defense ETF positions in Q2 2025 and 25 closed out, a net change of +44 holders.
- The largest State Street SPDR S&P Aerospace & Defense ETF buyer in Q2 2025 was Affinity Wealth Management, an estimated $29.2M added.
- The largest State Street SPDR S&P Aerospace & Defense ETF seller in Q2 2025 was LPL Financial, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2025.