State Street Materials Select Sector SPDR ETF
773 hedge funds and large institutions have $4.51B invested in State Street Materials Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 249 increasing their positions, 274 reducing their positions, and 63 closing their positions.
29% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 63
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
1% more capital invested
Capital invested by funds: $4.45B → $4.51B (+$66.1M)
0% more funds holding
Funds holding: 771 → 773 (+2)
9% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 274
4.96% less ownership
Funds ownership: 167.88% → 162.92% (-5%)
32% less call options, than puts
Call options by funds: $2.47B | Put options by funds: $3.64B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$118M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$60.6M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$45.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$30.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$29.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$89.1M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$65.3M |
| 3 |
Goldman Sachs
New York
|
-$38.9M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$37.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$30.7M |
XLB Hedge Fund Activity: Q3 2025 in Review
773 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in State Street Materials Select Sector SPDR ETF (XLB) for Q3 2025, worth a combined $4.51B — up 1.5% from $4.45B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new XLB positions and 63 closed out — a net gain of 18 holders — while 249 added to existing stakes and 274 trimmed.
The largest buyer was Barclays, adding an estimated $118M. The largest seller was Morgan Stanley, cutting an estimated $89.1M.
- 773 institutional investors held State Street Materials Select Sector SPDR ETF (XLB) as of Q3 2025, up from 771 in Q2 2025.
- Funds reported $4.51B of State Street Materials Select Sector SPDR ETF stock for Q3 2025, up 1.5% quarter-over-quarter.
- 81 funds opened new State Street Materials Select Sector SPDR ETF positions in Q3 2025 and 63 closed out, a net change of +18 holders.
- The largest State Street Materials Select Sector SPDR ETF buyer in Q3 2025 was Barclays, an estimated $118M added.
- The largest State Street Materials Select Sector SPDR ETF seller in Q3 2025 was Morgan Stanley, an estimated $89.1M sold.
Based on aggregated 13F filings for Q3 2025.