State Street Real Estate Select Sector SPDR ETF
XLRE
725 hedge funds and large institutions have $6.24B invested in State Street Real Estate Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 295 increasing their positions, 228 reducing their positions, and 57 closing their positions.
37% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 57
29% more repeat investments, than reductions
Existing positions increased: 295 | Existing positions reduced: 228
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
8% more capital invested
Capital invested by funds: $5.79B → $6.24B (+$451M)
1.55% more ownership
Funds ownership: 77.87% → 79.42% (+1.6%)
1% more funds holding
Funds holding: 721 → 725 (+4)
67% less call options, than puts
Call options by funds: $30.9M | Put options by funds: $93.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$139M |
| 2 |
PF
Phoenix Financial
Givatayim,
Israel
|
+$99.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$60.9M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$46.7M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$39.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$24.9M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$24.4M |
| 4 |
JP Morgan Chase
New York
|
-$15.7M |
| 5 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$13.9M |
XLRE Hedge Fund Activity: Q3 2025 in Review
725 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in State Street Real Estate Select Sector SPDR ETF (XLRE) for Q3 2025, worth a combined $6.24B — up 7.8% from $5.79B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new XLRE positions and 57 closed out — a net gain of 21 holders — while 295 added to existing stakes and 228 trimmed.
The largest buyer was Creative Planning, adding an estimated $139M. The largest seller was Menora Mivtachim Holdings, exiting entirely with an estimated $39.7M sold.
- 725 institutional investors held State Street Real Estate Select Sector SPDR ETF (XLRE) as of Q3 2025, up from 721 in Q2 2025.
- Funds reported $6.24B of State Street Real Estate Select Sector SPDR ETF stock for Q3 2025, up 7.8% quarter-over-quarter.
- 78 funds opened new State Street Real Estate Select Sector SPDR ETF positions in Q3 2025 and 57 closed out, a net change of +21 holders.
- The largest State Street Real Estate Select Sector SPDR ETF buyer in Q3 2025 was Creative Planning, an estimated $139M added.
- The largest State Street Real Estate Select Sector SPDR ETF seller in Q3 2025 was Menora Mivtachim Holdings, an estimated $39.7M sold.
Based on aggregated 13F filings for Q3 2025.