State Street SPDR S&P Health Care Services ETF
XHS
48 hedge funds and large institutions have $45.2M invested in State Street SPDR S&P Health Care Services ETF in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
55% more capital invested
Capital invested by funds: $29.2M → $45.2M (+$16M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
10.17% more ownership
Funds ownership: 40.86% → 51.03% (+10%)
2% more funds holding
Funds holding: 47 → 48 (+1)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.69M |
| 3 |
Citigroup
New York
|
+$1.96M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.85M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$856K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$526K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$452K |
| 4 |
Two Sigma Investments
New York
|
-$397K |
| 5 |
RWP
RWA Wealth Partners
Newton,
Massachusetts
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$526K | -5,837 | Closed |
|
|
52
Two Sigma Investments
New York
| – | -$397K | -4,400 | Closed |
|
|
RWP
53
RWA Wealth Partners
Newton,
Massachusetts
| – | -$207K | -2,300 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$200K | -2,218 | Closed |
|
XHS Hedge Fund Activity: Q1 2025 in Review
48 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Services ETF (XHS) for Q1 2025, worth a combined $45.2M — up 55% from $29.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new XHS positions and 5 closed out — a net gain of 1 holder — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.6M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $856K sold.
- 48 institutional investors held State Street SPDR S&P Health Care Services ETF (XHS) as of Q1 2025, up from 47 in Q4 2024.
- Funds reported $45.2M of State Street SPDR S&P Health Care Services ETF stock for Q1 2025, up 55% quarter-over-quarter.
- 6 funds opened new State Street SPDR S&P Health Care Services ETF positions in Q1 2025 and 5 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Health Care Services ETF buyer in Q1 2025 was Morgan Stanley, an estimated $5.6M added.
- The largest State Street SPDR S&P Health Care Services ETF seller in Q1 2025 was Tower Research Capital (TRC), an estimated $856K sold.
Based on aggregated 13F filings for Q1 2025.