State Street SPDR S&P Emerging Markets ex-China ETF
XCNY
4 hedge funds and large institutions have $1.5M invested in State Street SPDR S&P Emerging Markets ex-China ETF in 2025 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
22% more capital invested
Capital invested by funds: $1.24M → $1.5M (+$267K)
3.75% more ownership
Funds ownership: 23.77% → 27.53% (+3.8%)
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$364 |
| 2 |
RWRC
R.W. Roge & Company
Bohemia,
New York
|
-$132 |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$26 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWAC
1
Private Wealth Advisors (California)
Fresno,
California
| $708K | – | – | – |
|
|
SC
2
Savant Capital
Rockford,
Illinois
| $335K | – | – | – |
|
|
RWRC
3
R.W. Roge & Company
Bohemia,
New York
| $254K | -$132 | -5 | -0.1% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $205K | +$199K | +7,529 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$364 | -14 | Closed |
|
|
6
Fidelity Investments
Boston,
Massachusetts
| – | -$26 | -1 | Closed |
|
XCNY Hedge Fund Activity: Q3 2025 in Review
4 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Emerging Markets ex-China ETF (XCNY) for Q3 2025, worth a combined $1.5M — up 22% from $1.24M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of XCNY and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $199K. The largest seller was UBS Group, exiting entirely with an estimated $364 sold.
- 4 institutional investors held State Street SPDR S&P Emerging Markets ex-China ETF (XCNY) as of Q3 2025, down from 5 in Q2 2025.
- Funds reported $1.5M of State Street SPDR S&P Emerging Markets ex-China ETF stock for Q3 2025, up 22% quarter-over-quarter.
- 1 fund opened new State Street SPDR S&P Emerging Markets ex-China ETF positions in Q3 2025 and 2 closed out, a net change of -1 holder.
- The largest State Street SPDR S&P Emerging Markets ex-China ETF buyer in Q3 2025 was Susquehanna International Group, an estimated $199K added.
- The largest State Street SPDR S&P Emerging Markets ex-China ETF seller in Q3 2025 was UBS Group, an estimated $364 sold.
Based on aggregated 13F filings for Q3 2025.