State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
94 hedge funds and large institutions have $192M invested in State Street SPDR S&P Oil & Gas Equipment & Services ETF in 2026 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 10 closing their positions.
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
177% more call options, than puts
Call options by funds: $4.64M | Put options by funds: $1.68M
77% more capital inflows, than outflows
Capital inflows: $45.8M | Capital outflows: $25.9M
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
29% more funds holding
Funds holding: 73 → 94 (+21)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.96% less ownership
Funds ownership: 47% → 42.04% (-5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$7.15M |
| 2 |
Morgan Stanley
New York
|
+$6.54M |
| 3 |
Robertson Stephens Wealth Management
San Francisco,
California
|
+$4.81M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$4.62M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$4.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$16.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.21M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.35M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$991K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$898K |
XES Hedge Fund Activity: Q1 2026 in Review
94 of the 8,227 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) for Q1 2026, worth a combined $192M — up 59% from $120M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new XES positions and 10 closed out — a net gain of 22 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $7.15M. The largest seller was Raymond James Financial, cutting an estimated $16.4M.
- 94 institutional investors held State Street SPDR S&P Oil & Gas Equipment & Services ETF (XES) as of Q1 2026, up from 73 in Q4 2025.
- Funds reported $192M of State Street SPDR S&P Oil & Gas Equipment & Services ETF stock for Q1 2026, up 59% quarter-over-quarter.
- 32 funds opened new State Street SPDR S&P Oil & Gas Equipment & Services ETF positions in Q1 2026 and 10 closed out, a net change of +22 holders.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF buyer in Q1 2026 was Two Sigma Investments, an estimated $7.15M added.
- The largest State Street SPDR S&P Oil & Gas Equipment & Services ETF seller in Q1 2026 was Raymond James Financial, an estimated $16.4M sold.
Based on aggregated 13F filings for Q1 2026.