State Street Industrial Select Sector SPDR ETF
1,385 hedge funds and large institutions have $19.6B invested in State Street Industrial Select Sector SPDR ETF in 2025 Q2 according to their latest regulatory filings, with 157 funds opening new positions, 452 increasing their positions, 513 reducing their positions, and 100 closing their positions.
57% more first-time investments, than exits
New positions opened: 157 | Existing positions closed: 100
15% more funds holding in top 10
Funds holding in top 10: 48 → 55 (+7)
10% more capital invested
Capital invested by funds: $17.8B → $19.6B (+$1.86B)
3% more funds holding
Funds holding: 1,350 → 1,385 (+35)
0.78% more ownership
Funds ownership: 89.34% → 90.12% (+0.78%)
12% less repeat investments, than reductions
Existing positions increased: 452 | Existing positions reduced: 513
49% less call options, than puts
Call options by funds: $2.91B | Put options by funds: $5.74B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$234M |
| 2 |
Citigroup
New York
|
+$159M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$156M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$154M |
| 5 |
JP Morgan Chase
New York
|
+$85.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$307M |
| 2 |
N
Natixis
Paris,
France
|
-$206M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$177M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$174M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$154M |
XLI Hedge Fund Activity: Q2 2025 in Review
1,385 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street Industrial Select Sector SPDR ETF (XLI) for Q2 2025, worth a combined $19.6B — up 10% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 157 funds opened new XLI positions and 100 closed out — a net gain of 57 holders — while 452 added to existing stakes and 513 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $234M. The largest seller was Bank of America, cutting an estimated $307M.
- 1,385 institutional investors held State Street Industrial Select Sector SPDR ETF (XLI) as of Q2 2025, up from 1,350 in Q1 2025.
- Funds reported $19.6B of State Street Industrial Select Sector SPDR ETF stock for Q2 2025, up 10% quarter-over-quarter.
- 157 funds opened new State Street Industrial Select Sector SPDR ETF positions in Q2 2025 and 100 closed out, a net change of +57 holders.
- The largest State Street Industrial Select Sector SPDR ETF buyer in Q2 2025 was Morgan Stanley, an estimated $234M added.
- The largest State Street Industrial Select Sector SPDR ETF seller in Q2 2025 was Bank of America, an estimated $307M sold.
Based on aggregated 13F filings for Q2 2025.