State Street Industrial Select Sector SPDR ETF
XLI
1,350 hedge funds and large institutions have $17.8B invested in State Street Industrial Select Sector SPDR ETF in 2025 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 483 increasing their positions, 522 reducing their positions, and 109 closing their positions.
4% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 109
7% less repeat investments, than reductions
Existing positions increased: 483 | Existing positions reduced: 522
1% less funds holding
Funds holding: 1,370 → 1,350 (-20)
1.73% less ownership
Funds ownership: 91.08% → 89.34% (-1.7%)
10% less capital invested
Capital invested by funds: $19.8B → $17.8B (-$2B)
14% less funds holding in top 10
Funds holding in top 10: 56 → 48 (-8)
64% less call options, than puts
Call options by funds: $2.7B | Put options by funds: $7.58B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$342M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$130M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$128M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$117M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$99.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$552M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$201M |
| 3 |
Citigroup
New York
|
-$163M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$152M |
| 5 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$132M |
XLI Hedge Fund Activity: Q1 2025 in Review
1,350 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in State Street Industrial Select Sector SPDR ETF (XLI) for Q1 2025, worth a combined $17.8B — down 10% from $19.8B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new XLI positions and 109 closed out — a net gain of 4 holders — while 483 added to existing stakes and 522 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $342M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $552M.
- 1,350 institutional investors held State Street Industrial Select Sector SPDR ETF (XLI) as of Q1 2025, down from 1,370 in Q4 2024.
- Funds reported $17.8B of State Street Industrial Select Sector SPDR ETF stock for Q1 2025, down 10% quarter-over-quarter.
- 113 funds opened new State Street Industrial Select Sector SPDR ETF positions in Q1 2025 and 109 closed out, a net change of +4 holders.
- The largest State Street Industrial Select Sector SPDR ETF buyer in Q1 2025 was Goldman Sachs, an estimated $342M added.
- The largest State Street Industrial Select Sector SPDR ETF seller in Q1 2025 was BNP Paribas Financial Markets, an estimated $552M sold.
Based on aggregated 13F filings for Q1 2025.