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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.

New
Increased
Maintained
Reduced
Closed

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: 46 (+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: 257302 (+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

Holders
302
Holders Change
+45
Holders Change %
+17.51%
% of All Funds
3.96%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
81
Increased
89
Reduced
66
Closed
32
Calls
$348M
Puts
$642M
Net Calls
-$294M
Net Calls Change
-$287M
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
51
Commonwealth Equity Services
Massachusetts
$4.29M -$70.2K -640 -2%
Baird Financial Group
52
Baird Financial Group
Wisconsin
$4.24M +$265K +2,414 +7%
Stifel Financial
53
Stifel Financial
Missouri
$4.21M -$20K -182 -0.5%
NSIM
54
North Star Investment Management
Illinois
$4.12M +$51K +465 +1%
PCP
55
Perbak Capital Partners
United Kingdom
$4.01M -$2.98M -27,139 -43%
JGC
56
J. Goldman & Co
New York
$3.92M -$2.74K -25 -0.1%
BAM
57
BOS Asset Management
Illinois
$3.82M -$6.36K -58 -0.2%
QAM
58
Q3 Asset Management
Michigan
$3.63M +$3.59M +32,751 New
YIH
59
Y-Intercept (HK)
Hong Kong
$3.29M +$2.89M +26,382 +800%
BWL
60
Bogart Wealth LLC
Virginia
$3.27M +$117K +1,068 +4%
BC
61
Bricktown Capital
Michigan
$3.22M
SG Americas Securities
62
SG Americas Securities
New York
$3.15M +$1.43M +13,072 +85%
MS
63
Maven Securities
Jersey
$2.98M +$2.05M +18,683 +226%
DCM
64
Discovery Capital Management
Connecticut
$2.96M +$2.93M +26,700 New
Envestnet Asset Management
65
Envestnet Asset Management
Illinois
$2.87M +$826K +7,534 +41%
TRCT
66
Tower Research Capital (TRC)
New York
$2.67M -$3.01M -27,449 -53%
AWMT
67
AAFMAA Wealth Management & Trust
North Carolina
$2.65M +$35.2K +321 +1%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$2.54M +$2.08M +18,984 +481%
Qube Research & Technologies (QRT)
69
Qube Research & Technologies (QRT)
United Kingdom
$2.54M -$24.3M -221,958 -91%
TFA
70
Toth Financial Advisory
Virginia
$2.53M +$63.9K +583 +3%
CF
71
Centaurus Financial
California
$2.47M -$8.99K -82 -0.4%
Walleye Trading
72
Walleye Trading
New York
$2.46M -$12.5M -113,942 -84%
KJHP
73
K.J. Harrison & Partners
Ontario, Canada
$2.23M +$2.19M +20,000 New
Tudor Investment Corp
74
Tudor Investment Corp
Connecticut
$2.22M +$2.19M +20,007 New
Point72 Asset Management
75
Point72 Asset Management
Connecticut
$2.22M -$2.19M -20,000 -50%

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.