State Street SPDR S&P Homebuilders ETF
302 hedge funds and large institutions have $2.08B invested in State Street SPDR S&P Homebuilders ETF in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 89 increasing their positions, 66 reducing their positions, and 32 closing their positions.
153% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 32
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
35% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 66
22% more capital invested
Capital invested by funds: $1.7B → $2.08B (+$380M)
18% more funds holding
Funds holding: 257 → 302 (+45)
12.06% less ownership
Funds ownership: 123.73% → 111.67% (-12%)
46% less call options, than puts
Call options by funds: $348M | Put options by funds: $642M
Top Buyers
| 1 |
Citigroup
New York
|
+$171M |
| 2 |
Barclays
London,
United Kingdom
|
+$86.4M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$66.5M |
| 4 |
MCM
Moore Capital Management
New York
|
+$49M |
| 5 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
+$44.9M |
Top Sellers
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$118M |
| 2 |
Morgan Stanley
New York
|
-$57.9M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$53.6M |
| 4 |
Goldman Sachs
New York
|
-$52.9M |
| 5 |
State of Wisconsin Investment Board
Madison,
Wisconsin
|
-$39.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWP
326
Gateway Wealth Partners
Appleton,
Wisconsin
| – | -$205K | -2,077 | Closed |
|
|
T
327
Transce3nd
Kyle,
Texas
| – | -$95.7K | -971 | Closed |
|
|
BMM
328
Berkshire Money Management
Dalton,
Massachusetts
| – | -$49.3K | -500 | Closed |
|
|
PWAM
329
Private Wealth Asset Management
Cedar Rapids,
Iowa
| – | -$39.4K | -400 | Closed |
|
|
RAM
330
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$25.2K | -256 | Closed |
|
|
KFI
331
Key Financial Inc
West Chester,
Pennsylvania
| – | -$18.2K | -185 | Closed |
|
|
HT
332
Headlands Technologies
Chicago,
Illinois
| – | -$8.77K | -89 | Closed |
|
|
OSNBOA
333
Old Second National Bank of Aurora
Aurora,
Illinois
| – | -$3.25K | -33 | Closed |
|
334
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -13 | Closed |
|
|
TIM
335
Total Investment Management
Scottsdale,
Arizona
| – | -$697 | -7 | Closed |
|
336
Parallax Volatility Advisers
San Francisco,
California
| – | -$99 | -1 | Closed |
|
XHB Hedge Fund Activity: Q3 2025 in Review
302 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q3 2025, worth a combined $2.08B — up 22% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new XHB positions and 32 closed out — a net gain of 49 holders — while 89 added to existing stakes and 66 trimmed.
The largest buyer was Citigroup, adding an estimated $171M. The largest seller was Harel Insurance Investments & Financial Services, exiting entirely with an estimated $118M sold.
- 302 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q3 2025, up from 257 in Q2 2025.
- Funds reported $2.08B of State Street SPDR S&P Homebuilders ETF stock for Q3 2025, up 22% quarter-over-quarter.
- 81 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q3 2025 and 32 closed out, a net change of +49 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q3 2025 was Citigroup, an estimated $171M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q3 2025 was Harel Insurance Investments & Financial Services, an estimated $118M sold.
Based on aggregated 13F filings for Q3 2025.