State Street Financial Select Sector SPDR ETF
1,792 hedge funds and large institutions have $38.9B invested in State Street Financial Select Sector SPDR ETF in 2025 Q1 according to their latest regulatory filings, with 167 funds opening new positions, 759 increasing their positions, 610 reducing their positions, and 107 closing their positions.
56% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 107
24% more repeat investments, than reductions
Existing positions increased: 759 | Existing positions reduced: 610
18% more funds holding in top 10
Funds holding in top 10: 102 → 120 (+18)
5% more capital invested
Capital invested by funds: $36.9B → $38.9B (+$1.98B)
1% more funds holding
Funds holding: 1,772 → 1,792 (+20)
0.67% more ownership
Funds ownership: 74.22% → 74.89% (+0.67%)
29% less call options, than puts
Call options by funds: $9.6B | Put options by funds: $13.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.06B |
| 2 |
D.E. Shaw & Co
New York
|
+$493M |
| 3 |
MCM
MKP Capital Management
New York
|
+$258M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$198M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$161M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$428M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$401M |
| 3 |
Barclays
London,
United Kingdom
|
-$353M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$345M |
| 5 |
AHSSHC
Adventist Health System Sunbelt Healthcare Corp
Altamonte Springs,
Florida
|
-$193M |
XLF Hedge Fund Activity: Q1 2025 in Review
1,792 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in State Street Financial Select Sector SPDR ETF (XLF) for Q1 2025, worth a combined $38.9B — up 5.4% from $36.9B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new XLF positions and 107 closed out — a net gain of 60 holders — while 759 added to existing stakes and 610 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $2.06B. The largest seller was PGIM Custom Harvest, exiting entirely with an estimated $428M sold.
- 1,792 institutional investors held State Street Financial Select Sector SPDR ETF (XLF) as of Q1 2025, up from 1,772 in Q4 2024.
- Funds reported $38.9B of State Street Financial Select Sector SPDR ETF stock for Q1 2025, up 5.4% quarter-over-quarter.
- 167 funds opened new State Street Financial Select Sector SPDR ETF positions in Q1 2025 and 107 closed out, a net change of +60 holders.
- The largest State Street Financial Select Sector SPDR ETF buyer in Q1 2025 was JP Morgan Chase, an estimated $2.06B added.
- The largest State Street Financial Select Sector SPDR ETF seller in Q1 2025 was PGIM Custom Harvest, an estimated $428M sold.
Based on aggregated 13F filings for Q1 2025.