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State Street SPDR S&P Biotech ETF

812 hedge funds and large institutions have $16.5B invested in State Street SPDR S&P Biotech ETF in 2025 Q4 according to their latest regulatory filings, with 230 funds opening new positions, 232 increasing their positions, 204 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

334% more first-time investments, than exits

New positions opened: 230 | Existing positions closed: 53

33% more capital invested

Capital invested by funds: $12.4B → $16.5B (+$4.06B)

24% more funds holding

Funds holding: 655812 (+157)

14% more repeat investments, than reductions

Existing positions increased: 232 | Existing positions reduced: 204

6% more funds holding in top 10

Funds holding in top 10: 1819 (+1)

15.4% less ownership

Funds ownership: 214.61%199.2% (-15%)

51% less call options, than puts

Call options by funds: $3.12B | Put options by funds: $6.42B

Holders
812
Holders Change
+157
Holders Change %
+23.97%
% of All Funds
9.88%
Holding in Top 10
19
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.56%
% of All Funds
0.23%
New
230
Increased
232
Reduced
204
Closed
53
Calls
$3.12B
Puts
$6.42B
Net Calls
-$3.31B
Net Calls Change
-$2.53B
Name Holding Trade Value Shares
Change
Change in
Stake
HNWAG
601
High Net Worth Advisory Group
Florida
$222K +$209K +1,820 New
DCM
602
DGS Capital Management
New Jersey
$221K +$208K +1,815 New
NWA
603
Navis Wealth Advisors
New York
$219K -$68.8K -600 -25%
FFN
604
Focus Financial Network
Minnesota
$219K +$206K +1,796 New
Financial Engines Advisors
605
Financial Engines Advisors
California
$218K +$205K +1,791 New
VW
606
Vance Wealth
California
$218K +$205K +1,786 New
SS
607
Sound Stewardship
Kansas
$213K +$200K +1,748 New
BCI
608
Brinker Capital Investments
Pennsylvania
$213K +$200K +1,746 New
HOWA
609
Heritage Oak Wealth Advisors
Florida
$212K +$199K +1,735 New
RA
610
RFG Advisory
Alabama
$211K -$77.9K -679 -28%
SCP
611
Sender Company & Partners
New York
$210K -$406K -3,543 -67%
GSC
612
Ground Swell Capital
South Carolina
$210K +$197K +1,721 New
FCH
613
Freestone Capital Holdings
Washington
$209K +$197K +1,716 New
SWA
614
Sightline Wealth Advisors
Connecticut
$209K +$197K +1,715 New
GT
615
Glenview Trust
Kentucky
$209K +$196K +1,711 New
FTWA
616
Fifth Third Wealth Advisors
Ohio
$208K +$195K +1,704 New
DI
617
Diligent Investors
California
$207K -$115K -1,000 -37%
AF
618
Arrow Financial
New York
$207K +$194K +1,696 New
NWMG
619
Nicholson Wealth Management Group
South Carolina
$206K +$194K +1,692 New
ZIG
620
Zuckerman Investment Group
Illinois
$206K +$194K +1,691 New
KCM
621
KRS Capital Management
Michigan
$205K +$193K +1,683 New
DT
622
Diversified Trust
Tennessee
$205K +$193K +1,681 New
RIA
623
Richwood Investment Advisors
Ohio
$204K +$187K +1,629 New
RI
624
Rinkey Investments
California
$204K +$192K +1,675 New
CA
625
CoreCap Advisors
Michigan
$203K +$70.6K +616 +59%