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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
LDB
776
Lee, Danner & Bass
Tennessee
-$37.7K -419 Closed
BCM
777
Blume Capital Management
California
-$36K -400 Closed
AWM
778
Avior Wealth Management
Nebraska
-$34.7K -385 Closed
HCA
779
Heck Capital Advisors
Wisconsin
-$32.8K -364 Closed
KBFS
780
Kohmann Bosshard Financial Services
Ohio
-$28.6K -317 Closed
SWC
781
Spectrum Wealth Counsel
Indiana
-$27K -300 Closed
CP
782
Castleview Partners
Texas
-$24.7K -270 Closed
QPBE
783
Quintet Private Bank (Europe)
Luxembourg
-$24K -266 Closed
LFA
784
Legend Financial Advisors
Pennsylvania
-$19.6K -218 Closed
JGIA
785
Jackson Grant Investment Advisers
Connecticut
-$19.2K -213 Closed
CTC
786
Central Trust Company
Missouri
-$15.9K -176 Closed
AWM
787
AllSquare Wealth Management
New York
-$15.3K -170 Closed
CWM
788
Copia Wealth Management
Oregon
-$13.2K -147 Closed
HPIA
789
Hamilton Point Investment Advisors
North Carolina
-$9.46K -105 Closed
OHWP
790
Oak Harbor Wealth Partners
North Carolina
-$9.01K -100 Closed
T
791
Transce3nd
Texas
-$7.75K -86 Closed
FFA
792
Fairfield Financial Advisors
Massachusetts
-$6.76K -75 Closed
ME
793
McIlrath & Eck
Washington
-$6.3K -70 Closed
OP
794
ORG Partners
Indiana
-$6.31K -70 Closed
CJ
795
Caitlin John
Michigan
-$5.58K -62 Closed
OC
796
Oarsman Capital
Wisconsin
-$5.4K -60 Closed
CA
797
Clearstead Advisors
Ohio
-$5.13K -57 Closed
RCM
798
Raleigh Capital Management
North Carolina
-$4.42K -49 Closed
MPWT
799
MassMutual Private Wealth & Trust
Connecticut
-$3.24K -36 Closed
FCG
800
Financial Connections Group
California
-$2K -32 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.