State Street SPDR S&P Health Care Services ETF
XHS
51 hedge funds and large institutions have $44.5M invested in State Street SPDR S&P Health Care Services ETF in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
6% more funds holding
Funds holding: 48 → 51 (+3)
0.83% more ownership
Funds ownership: 51.03% → 51.85% (+0.83%)
2% less capital invested
Capital invested by funds: $45.2M → $44.5M (-$693K)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.84M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.2M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$761K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$237K |
| 5 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
+$87.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.42M |
| 2 |
Morgan Stanley
New York
|
-$2.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.54M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$118K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$72.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Jones Financial Companies
Des Peres,
Missouri
| $2.08K | +$581 | +6 | +40% |
|
|
HNB
52
Huntington National Bank
Columbus,
Ohio
| $199 | – | – | – |
|
|
AWM
53
AE Wealth Management
Topeka,
Kansas
| – | -$16.3K | -166 | Closed |
|
|
WAG
54
Wiser Advisor Group
Phoenix,
Arizona
| – | -$11K | -112 | Closed |
|
55
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9.81K | -100 | Closed |
|
|
PS
56
Principal Securities
Des Moines,
Iowa
| – | -$4.51K | -50 | Closed |
|
XHS Hedge Fund Activity: Q2 2025 in Review
51 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Health Care Services ETF (XHS) for Q2 2025, worth a combined $44.5M — down 1.5% from $45.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new XHS positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $2.84M. The largest seller was LPL Financial, cutting an estimated $2.42M.
- 51 institutional investors held State Street SPDR S&P Health Care Services ETF (XHS) as of Q2 2025, up from 48 in Q1 2025.
- Funds reported $44.5M of State Street SPDR S&P Health Care Services ETF stock for Q2 2025, down 1.5% quarter-over-quarter.
- 8 funds opened new State Street SPDR S&P Health Care Services ETF positions in Q2 2025 and 4 closed out, a net change of +4 holders.
- The largest State Street SPDR S&P Health Care Services ETF buyer in Q2 2025 was Kestra Advisory Services, an estimated $2.84M added.
- The largest State Street SPDR S&P Health Care Services ETF seller in Q2 2025 was LPL Financial, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2025.