State Street Communication Services Select Sector SPDR ETF
1,111 hedge funds and large institutions have $21B invested in State Street Communication Services Select Sector SPDR ETF in 2025 Q2 according to their latest regulatory filings, with 132 funds opening new positions, 455 increasing their positions, 382 reducing their positions, and 76 closing their positions.
74% more first-time investments, than exits
New positions opened: 132 | Existing positions closed: 76
23% more capital invested
Capital invested by funds: $17.1B → $21B (+$3.87B)
19% more funds holding in top 10
Funds holding in top 10: 52 → 62 (+10)
19% more repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 382
4% more funds holding
Funds holding: 1,070 → 1,111 (+41)
3.12% more ownership
Funds ownership: 83.93% → 87.05% (+3.1%)
17% less call options, than puts
Call options by funds: $222M | Put options by funds: $266M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$318M |
| 2 |
Morgan Stanley
New York
|
+$308M |
| 3 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$205M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$123M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$116M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$196M |
| 2 |
State Street
Boston,
Massachusetts
|
-$153M |
| 3 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$113M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$112M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$64.2M |
XLC Hedge Fund Activity: Q2 2025 in Review
1,111 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street Communication Services Select Sector SPDR ETF (XLC) for Q2 2025, worth a combined $21B — up 23% from $17.1B a quarter earlier.
Buyers outnumbered sellers: 132 funds opened new XLC positions and 76 closed out — a net gain of 56 holders — while 455 added to existing stakes and 382 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $318M. The largest seller was CIBC World Market, cutting an estimated $196M.
- 1,111 institutional investors held State Street Communication Services Select Sector SPDR ETF (XLC) as of Q2 2025, up from 1,070 in Q1 2025.
- Funds reported $21B of State Street Communication Services Select Sector SPDR ETF stock for Q2 2025, up 23% quarter-over-quarter.
- 132 funds opened new State Street Communication Services Select Sector SPDR ETF positions in Q2 2025 and 76 closed out, a net change of +56 holders.
- The largest State Street Communication Services Select Sector SPDR ETF buyer in Q2 2025 was Envestnet Asset Management, an estimated $318M added.
- The largest State Street Communication Services Select Sector SPDR ETF seller in Q2 2025 was CIBC World Market, an estimated $196M sold.
Based on aggregated 13F filings for Q2 2025.