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State Street Financial Select Sector SPDR ETF

1,816 hedge funds and large institutions have $39.7B invested in State Street Financial Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 152 funds opening new positions, 762 increasing their positions, 590 reducing their positions, and 109 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more first-time investments, than exits

New positions opened: 152 | Existing positions closed: 109

29% more repeat investments, than reductions

Existing positions increased: 762 | Existing positions reduced: 590

8% more capital invested

Capital invested by funds: $36.9B → $39.7B (+$2.77B)

1% more funds holding

Funds holding: 1,8021,816 (+14)

2.91% less ownership

Funds ownership: 74.47%71.56% (-2.9%)

17% less funds holding in top 10

Funds holding in top 10: 10385 (-18)

42% less call options, than puts

Call options by funds: $8.57B | Put options by funds: $14.7B

Holders
1,816
Holders Change
+14
Holders Change %
+0.78%
% of All Funds
23.83%
Holding in Top 10
85
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-17.48%
% of All Funds
1.12%
New
152
Increased
762
Reduced
590
Closed
109
Calls
$8.57B
Puts
$14.7B
Net Calls
-$6.15B
Net Calls Change
-$389M
Name Holding Trade Value Shares
Change
Change in
Stake
BC
1001
Bulwark Capital
Florida
$737K
FMWA
1002
Forvis Mazars Wealth Advisors
Missouri
$736K -$29.4K -555 -4%
LSA
1003
Lion Street Advisors
Texas
$735K +$592K +11,174 +158%
TVM
1004
True Vision MN
Minnesota
$735K -$804K -15,180 -53%
MA
1005
MCF Advisors
Kentucky
$734K
OFO
1006
OneAscent Family Office
Alabama
$730K +$45K +849 +7%
CWM
1007
Collaborative Wealth Management
Florida
$729K +$23.8K +450 +3%
KFP
1008
KMG Fiduciary Partners
Ohio
$726K
CWMK
1009
Caliber Wealth Management (Kansas)
Kansas
$725K -$93K -1,756 -12%
SP
1010
SIH Partners
Delaware
$722K +$710K +13,407 New
MP
1011
Moment Partners
California
$722K
SCM
1012
Sterneck Capital Management
Missouri
$722K -$37.1K -700 -5%
Russell Investments Group
1013
Russell Investments Group
United Kingdom
$718K +$172K +3,246 +32%
Fiera Capital (Canada)
1014
Fiera Capital (Canada)
Quebec, Canada
$717K +$705K +13,314 New
KCFA
1015
Key Client Fiduciary Advisors
New Jersey
$716K +$41.4K +781 +6%
CLA
1016
Carnegie Lake Advisors
New Jersey
$714K -$8.8K -166 -1%
BA
1017
Bluesphere Advisors
Pennsylvania
$712K +$76.6K +1,445 +12%
KDA
1018
Kraft Davis & Associates
Missouri
$712K -$36.1K -681 -5%
XC
1019
XY Capital
Hong Kong
$710K +$402K +7,596 +136%
MM
1020
Morangie Management
Florida
$710K
CT
1021
Caldwell Trust
Florida
$709K +$32.3K +610 +5%
ICP
1022
Interchange Capital Partners
Pennsylvania
$709K -$742 -14 -0.1%
SL
1023
SWMG LLC
Texas
$707K -$91.1K -1,720 -11%
DI
1024
Diligent Investors
California
$706K -$10.6K -200 -2%
PWW
1025
Pettyjohn Wood & White
Virginia
$704K

XLF Hedge Fund Activity: Q3 2025 in Review

1,816 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q3 2025, worth a combined $39.7B — up 7.5% from $36.9B a quarter earlier.

Buyers outnumbered sellers: 152 funds opened new XLF positions and 109 closed out — a net gain of 43 holders — while 762 added to existing stakes and 590 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $992M. The largest seller was D.E. Shaw & Co, cutting an estimated $789M.

  • 1,816 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q3 2025, up from 1,802 in Q2 2025.
  • Funds reported $39.7B of State Street Financial Select Sector SPDR ETF stock for Q3 2025, up 7.5% quarter-over-quarter.
  • 152 funds opened new State Street Financial Select Sector SPDR ETF positions in Q3 2025 and 109 closed out, a net change of +43 holders.
  • The largest State Street Financial Select Sector SPDR ETF buyer in Q3 2025 was JP Morgan Chase, an estimated $992M added.
  • The largest State Street Financial Select Sector SPDR ETF seller in Q3 2025 was D.E. Shaw & Co, an estimated $789M sold.

Based on aggregated 13F filings for Q3 2025.