State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
69 hedge funds and large institutions have $48.5M invested in State Street SPDR S&P Oil & Gas Equipment & Services ETF in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 8 closing their positions.
267% more call options, than puts
Call options by funds: $3.32M | Put options by funds: $904K
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
19% more capital invested
Capital invested by funds: $40.7M → $48.5M (+$7.87M)
5% more funds holding
Funds holding: 66 → 69 (+3)
2.02% more ownership
Funds ownership: 28.26% → 30.28% (+2%)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.74M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.24M |
| 3 |
TF
Trek Financial
Scottsdale,
Arizona
|
+$1.79M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.73M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.23M |
| 2 |
Morgan Stanley
New York
|
-$1.47M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.41M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.05M |
| 5 |
PCS
Private Client Services
Louisville,
Kentucky
|
-$953K |
XES Hedge Fund Activity: Q3 2025 in Review
69 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) for Q3 2025, worth a combined $48.5M — up 19% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new XES positions and 8 closed out — a net gain of 3 holders — while 13 added to existing stakes and 21 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $3.74M. The largest seller was LPL Financial, cutting an estimated $2.23M.
- 69 institutional investors held State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) as of Q3 2025, up from 66 in Q2 2025.
- Funds reported $48.5M of State Street SPDR S&P Oil & Gas Equipment & Services ETF stock for Q3 2025, up 19% quarter-over-quarter.
- 11 funds opened new State Street SPDR S&P Oil & Gas Equipment & Services ETF positions in Q3 2025 and 8 closed out, a net change of +3 holders.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF buyer in Q3 2025 was Raymond James Financial, an estimated $3.74M added.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF seller in Q3 2025 was LPL Financial, an estimated $2.23M sold.
Based on aggregated 13F filings for Q3 2025.