State Street Real Estate Select Sector SPDR ETF
XLRE
720 hedge funds and large institutions have $5.79B invested in State Street Real Estate Select Sector SPDR ETF in 2025 Q2 according to their latest regulatory filings, with 70 funds opening new positions, 262 increasing their positions, 279 reducing their positions, and 83 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 279
3% less funds holding
Funds holding: 743 → 720 (-23)
6% less capital invested
Capital invested by funds: $6.18B → $5.79B (-$398M)
7.76% less ownership
Funds ownership: 85.62% → 77.85% (-7.8%)
16% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 83
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
75% less call options, than puts
Call options by funds: $20.2M | Put options by funds: $81.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$118M |
| 2 |
Goldman Sachs
New York
|
+$70.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$39.1M |
| 4 |
State Street
Boston,
Massachusetts
|
+$25.9M |
| 5 |
Citigroup
New York
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AOI
Auto-Owners Insurance
Lansing,
Michigan
|
-$524M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$50.2M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$49.7M |
| 4 |
DJFS
Dean Jacobson Financial Services
Fort Worth,
Texas
|
-$21.6M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RMC
801
Resources Management Corp
West Hartford,
Connecticut
| – | -$1K | -16 | Closed |
|
802
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -14 | Closed |
|
|
PCM
803
Palouse Capital Management
Spokane,
Washington
| – | -$544 | -13 | Closed |
|
XLRE Hedge Fund Activity: Q2 2025 in Review
720 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q2 2025, worth a combined $5.79B — down 6.4% from $6.18B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of XLRE and 70 opened new positions — a net loss of 13 holders — while 279 trimmed existing stakes and 262 added.
The largest buyer was Creative Planning, adding an estimated $118M. The largest seller was Auto-Owners Insurance, cutting an estimated $524M.
- 720 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q2 2025, down from 743 in Q1 2025.
- Funds reported $5.79B of State Street Real Estate Select Sector SPDR ETF stock for Q2 2025, down 6.4% quarter-over-quarter.
- 70 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q2 2025 and 83 closed out, a net change of -13 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q2 2025 was Creative Planning, an estimated $118M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q2 2025 was Auto-Owners Insurance, an estimated $524M sold.
Based on aggregated 13F filings for Q2 2025.