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State Street SPDR S&P Biotech ETF

683 hedge funds and large institutions have $9.23B invested in State Street SPDR S&P Biotech ETF in 2025 Q1 according to their latest regulatory filings, with 74 funds opening new positions, 178 increasing their positions, 272 reducing their positions, and 120 closing their positions.

New
Increased
Maintained
Reduced
Closed

23.73% more ownership

Funds ownership: 156.78%180.5% (+24%)

6% less funds holding in top 10

Funds holding in top 10: 1615 (-1)

6% less capital invested

Capital invested by funds: $9.85B → $9.23B (-$618M)

7% less funds holding

Funds holding: 738683 (-55)

35% less repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 272

38% less first-time investments, than exits

New positions opened: 74 | Existing positions closed: 120

50% less call options, than puts

Call options by funds: $1.08B | Put options by funds: $2.17B

Holders
683
Holders Change
-55
Holders Change %
-7.45%
% of All Funds
9.16%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.2%
New
74
Increased
178
Reduced
272
Closed
120
Calls
$1.08B
Puts
$2.17B
Net Calls
-$1.09B
Net Calls Change
+$169M
Name Holding Trade Value Shares
Change
Change in
Stake
AssetMark Inc
626
AssetMark Inc
California
$12.2K -$55.4K -620 -80%
T
627
Tidemark
California
$12.2K -$4.02K -45 -23%
CA
628
Crewe Advisors
Utah
$12.2K
SHIM
629
Stone House Investment Management
Pennsylvania
$12.2K +$13.4K +150 New
SWIM
630
Smallwood Wealth Investment Management
New Jersey
$10.9K +$12.1K +135 New
EPAM
631
Evelyn Partners Asset Management
$10.6K
FGAM
632
Financial Gravity Asset Management
Texas
$9.73K +$10.7K +120 New
AWM
633
Activest Wealth Management
Florida
$9.47K -$10.2K -114 -49%
UCB
634
United Community Bank
South Carolina
$9.33K
ST
635
Smithfield Trust
Pennsylvania
$9K
SFGP
636
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$8.11K -$7.69K -86 -46%
FMB
637
Field & Main Bank
Kentucky
$8.11K
RMP
638
Richards, Merrill & Peterson
Washington
$8.11K
POIA
639
Pin Oak Investment Advisors
Texas
$8K
RAM
640
Riggs Asset Management
Pennsylvania
$7.95K
FIM
641
FWL Investment Management
Texas
$7.71K -$574K -6,418 -99%
SS
642
Sunbelt Securities
Texas
$7.64K
FMII
643
Farmers & Merchants Investments Inc
Nebraska
$7.62K
PG
644
Proffitt & Goodson
Tennessee
$7.3K
BIA
645
Bell Investment Advisors
California
$7.14K -$10.2K -114 -56%
Russell Investments Group
646
Russell Investments Group
United Kingdom
$7.14K -$5K -56 -39%
PPA
647
Painted Porch Advisors
California
$6.65K
LFG
648
Larson Financial Group
Missouri
$6.33K +$3.58K +40 +105%
AFG
649
Albion Financial Group
Utah
$6.08K -$150K -1,682 -96%
CSC
650
Caldwell Sutter Capital
California
$5.92K +$1.79K +20 +38%

XBI Hedge Fund Activity: Q1 2025 in Review

683 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Biotech ETF (XBI) for Q1 2025, worth a combined $9.23B — down 6.3% from $9.85B a quarter earlier.

Sellers outnumbered buyers: 120 funds closed out of XBI and 74 opened new positions — a net loss of 46 holders — while 272 trimmed existing stakes and 178 added.

The largest buyer was UBS Group, adding an estimated $324M. The largest seller was Bank of America, cutting an estimated $184M.

  • 683 institutional investors held State Street SPDR S&P Biotech ETF (XBI) as of Q1 2025, down from 738 in Q4 2024.
  • Funds reported $9.23B of State Street SPDR S&P Biotech ETF stock for Q1 2025, down 6.3% quarter-over-quarter.
  • 74 funds opened new State Street SPDR S&P Biotech ETF positions in Q1 2025 and 120 closed out, a net change of -46 holders.
  • The largest State Street SPDR S&P Biotech ETF buyer in Q1 2025 was UBS Group, an estimated $324M added.
  • The largest State Street SPDR S&P Biotech ETF seller in Q1 2025 was Bank of America, an estimated $184M sold.

Based on aggregated 13F filings for Q1 2025.