State Street SPDR S&P Homebuilders ETF
272 hedge funds and large institutions have $1.6B invested in State Street SPDR S&P Homebuilders ETF in 2025 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 94 increasing their positions, 83 reducing their positions, and 71 closing their positions.
16.42% more ownership
Funds ownership: 103.84% → 120.26% (+16%)
13% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 83
7% more call options, than puts
Call options by funds: $784M | Put options by funds: $734M
15% less funds holding
Funds holding: 319 → 272 (-47)
18% less capital invested
Capital invested by funds: $1.94B → $1.6B (-$343M)
58% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 71
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$110M |
| 2 |
N
Natixis
Paris,
France
|
+$52.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$25.2M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$24.3M |
| 5 |
JFG
Jefferies Financial Group
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$70.1M |
| 2 |
JP Morgan Chase
New York
|
-$68.5M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$35.9M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$32.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$30.9M |
XHB Hedge Fund Activity: Q1 2025 in Review
272 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Homebuilders ETF (XHB) for Q1 2025, worth a combined $1.6B — down 18% from $1.94B a quarter earlier.
Sellers outnumbered buyers: 71 funds closed out of XHB and 30 opened new positions — a net loss of 41 holders — while 83 trimmed existing stakes and 94 added.
The largest buyer was Citadel Advisors, adding an estimated $110M. The largest seller was Citigroup, cutting an estimated $70.1M.
- 272 institutional investors held State Street SPDR S&P Homebuilders ETF (XHB) as of Q1 2025, down from 319 in Q4 2024.
- Funds reported $1.6B of State Street SPDR S&P Homebuilders ETF stock for Q1 2025, down 18% quarter-over-quarter.
- 30 funds opened new State Street SPDR S&P Homebuilders ETF positions in Q1 2025 and 71 closed out, a net change of -41 holders.
- The largest State Street SPDR S&P Homebuilders ETF buyer in Q1 2025 was Citadel Advisors, an estimated $110M added.
- The largest State Street SPDR S&P Homebuilders ETF seller in Q1 2025 was Citigroup, an estimated $70.1M sold.
Based on aggregated 13F filings for Q1 2025.