State Street Technology Select Sector SPDR ETF
XLK
2,289 hedge funds and large institutions have $48.6B invested in State Street Technology Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 184 funds opening new positions, 830 increasing their positions, 796 reducing their positions, and 65 closing their positions.
183% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 65
13% more capital invested
Capital invested by funds: $42.9B → $48.6B (+$5.62B)
7% more funds holding in top 10
Funds holding in top 10: 202 → 216 (+14)
3% more funds holding
Funds holding: 2,212 → 2,289 (+77)
4% more repeat investments, than reductions
Existing positions increased: 830 | Existing positions reduced: 796
2.9% less ownership
Funds ownership: 107.66% → 104.76% (-2.9%)
37% less call options, than puts
Call options by funds: $2.97B | Put options by funds: $4.67B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$1.34B |
| 2 |
MMEA
Main Management ETF Advisors
San Francisco,
California
|
+$472M |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$439M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$291M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$277M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$385M |
| 2 |
Two Sigma Investments
New York
|
-$375M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$231M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$182M |
| 5 |
SMFG
Sumitomo Mitsui Financial Group
Tokyo,
Japan
|
-$139M |
XLK Hedge Fund Activity: Q3 2025 in Review
2,289 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in State Street Technology Select Sector SPDR ETF (XLK) for Q3 2025, worth a combined $48.6B — up 13% from $42.9B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new XLK positions and 65 closed out — a net gain of 119 holders — while 830 added to existing stakes and 796 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $1.34B. The largest seller was Morgan Stanley, cutting an estimated $385M.
- 2,289 institutional investors held State Street Technology Select Sector SPDR ETF (XLK) as of Q3 2025, up from 2,212 in Q2 2025.
- Funds reported $48.6B of State Street Technology Select Sector SPDR ETF stock for Q3 2025, up 13% quarter-over-quarter.
- 184 funds opened new State Street Technology Select Sector SPDR ETF positions in Q3 2025 and 65 closed out, a net change of +119 holders.
- The largest State Street Technology Select Sector SPDR ETF buyer in Q3 2025 was Focus Partners Wealth, an estimated $1.34B added.
- The largest State Street Technology Select Sector SPDR ETF seller in Q3 2025 was Morgan Stanley, an estimated $385M sold.
Based on aggregated 13F filings for Q3 2025.