State Street SPDR S&P Health Care Equipment ETF
XHE
78 hedge funds and large institutions have $58.5M invested in State Street SPDR S&P Health Care Equipment ETF in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 9 closing their positions.
5% less ownership
Funds ownership: 40.12% → 35.12% (-5%)
9% less funds holding
Funds holding: 86 → 78 (-8)
17% less capital invested
Capital invested by funds: $70.2M → $58.5M (-$11.8M)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$771K |
| 4 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$277K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$7.96M |
| 2 |
AWS
Atria Wealth Solutions
New York
|
-$2.05M |
| 3 |
Morgan Stanley
New York
|
-$1.9M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$716K |
| 5 |
Goldman Sachs
New York
|
-$677K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSWM
76
Golden State Wealth Management
Santa Ana,
California
| $1.38K | – | – | – |
|
|
PS
77
Principal Securities
Des Moines,
Iowa
| $1.06K | -$7.98K | -100 | -88% |
|
|
NWM
78
Nova Wealth Management
Bonita Springs,
Florida
| $325 | – | – | – |
|
|
AWS
79
Atria Wealth Solutions
New York
| – | -$2.05M | -24,971 | Closed |
|
|
BAM
80
Belpointe Asset Management
Reno,
Nevada
| – | -$716K | -8,706 | Closed |
|
|
FH
81
Financial Harvest
Winter Park,
Florida
| – | -$253K | -2,728 | Closed |
|
|
GS
82
GTS Securities
New York
| – | -$223K | -2,711 | Closed |
|
|
HF
83
HRT Financial
New York
| – | -$220K | -2,681 | Closed |
|
|
WT
84
Washington Trust
Westerly,
Rhode Island
| – | -$33.1K | -403 | Closed |
|
|
CA
85
Continuum Advisory
Eagle,
Idaho
| – | -$15.9K | -193 | Closed |
|
86
US Bancorp
Minneapolis,
Minnesota
| – | -$8.22K | -100 | Closed |
|
|
MAS
87
MPWM Advisory Solutions
Alpharetta,
Georgia
| – | -$658 | -8 | Closed |
|
XHE Hedge Fund Activity: Q2 2025 in Review
78 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Equipment ETF (XHE) for Q2 2025, worth a combined $58.5M — down 17% from $70.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of XHE and 1 opened new positions — a net loss of 8 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Citadel Advisors, adding an estimated $1.29M. The largest seller was JP Morgan Chase, cutting an estimated $7.96M.
- 78 institutional investors held State Street SPDR S&P Health Care Equipment ETF (XHE) as of Q2 2025, down from 86 in Q1 2025.
- Funds reported $58.5M of State Street SPDR S&P Health Care Equipment ETF stock for Q2 2025, down 17% quarter-over-quarter.
- 1 fund opened new State Street SPDR S&P Health Care Equipment ETF positions in Q2 2025 and 9 closed out, a net change of -8 holders.
- The largest State Street SPDR S&P Health Care Equipment ETF buyer in Q2 2025 was Citadel Advisors, an estimated $1.29M added.
- The largest State Street SPDR S&P Health Care Equipment ETF seller in Q2 2025 was JP Morgan Chase, an estimated $7.96M sold.
Based on aggregated 13F filings for Q2 2025.