We are live on ! Find out more
XBI icon

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
MAS
676
MPWM Advisory Solutions
Georgia
$811
AC
677
AlphaCore Capital
California
$675 +$715 +8 New
CB
678
CNB Bank
Pennsylvania
$649
1IA
679
1620 Investment Advisors
Massachusetts
$568
EWA
680
EverSource Wealth Advisors
Alabama
$487
BWL
681
Bogart Wealth LLC
Virginia
$487 +$536 +6 New
GAG
682
Goodman Advisory Group
Massachusetts
$487 +$536 +6 New
CFS
683
CGC Financial Services
Oregon
$406
BCMLT
684
Beacon Capital Management LLC (Tennessee)
Tennessee
$406 +$447 +5 New
GWM
685
GSB Wealth Management
Connecticut
$350 +$358 +4 New
SIS
686
Sound Income Strategies
Florida
$2
BCM
687
BlueCrest Capital Management
Jersey
-$138M -1,532,882 Closed
RCM
688
RA Capital Management
Massachusetts
-$111M -1,228,240 Closed
O
689
OrbiMed
New York
-$33.2M -372,000 Closed
ITP
690
Iron Triangle Partners
Connecticut
-$22.5M -250,000 Closed
MCC
691
Money Concepts Capital
Florida
-$22.1M -245,148 Closed
Walleye Capital
692
Walleye Capital
New York
-$12M -134,006 Closed
State of Wisconsin Investment Board
693
State of Wisconsin Investment Board
Wisconsin
-$9.52M -105,696 Closed
CM
694
Castleark Management
Illinois
-$8.9M -98,850 Closed
CI Investments Inc
695
CI Investments Inc
Ontario, Canada
-$6.66M -73,906 Closed
KAM
696
Kazazian Asset Management
Florida
-$2.87M -31,893 Closed
OHIS
697
Oak Harvest Investment Services
Texas
-$2.63M -29,237 Closed
TPA
698
Trivium Point Advisory
Connecticut
-$2.56M -28,429 Closed
HF
699
HRT Financial
New York
-$2.56M -28,402 Closed
TCM
700
Telos Capital Management
California
-$2.51M -27,816 Closed

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.