State Street Utilities Select Sector SPDR ETF
1,394 hedge funds and large institutions have $11.6B invested in State Street Utilities Select Sector SPDR ETF in 2025 Q2 according to their latest regulatory filings, with 164 funds opening new positions, 567 increasing their positions, 448 reducing their positions, and 109 closing their positions.
50% more first-time investments, than exits
New positions opened: 164 | Existing positions closed: 109
27% more repeat investments, than reductions
Existing positions increased: 567 | Existing positions reduced: 448
7% more capital invested
Capital invested by funds: $10.9B → $11.6B (+$739M)
4.28% more ownership
Funds ownership: 125.75% → 130.04% (+4.3%)
3% more funds holding
Funds holding: 1,355 → 1,394 (+39)
3% less funds holding in top 10
Funds holding in top 10: 35 → 34 (-1)
59% less call options, than puts
Call options by funds: $1.22B | Put options by funds: $2.93B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$703M |
| 2 |
JP Morgan Chase
New York
|
+$367M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$261M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$201M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$367M |
| 2 |
DFG
Demars Financial Group
Spokane Valley,
Washington
|
-$334M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$237M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$145M |
| 5 |
Two Sigma Investments
New York
|
-$134M |
XLU Hedge Fund Activity: Q2 2025 in Review
1,394 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q2 2025, worth a combined $11.6B — up 6.8% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 164 funds opened new XLU positions and 109 closed out — a net gain of 55 holders — while 567 added to existing stakes and 448 trimmed.
The largest buyer was Proficio Capital Partners, opening a new position worth an estimated $703M. The largest seller was Goldman Sachs, cutting an estimated $367M.
- 1,394 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q2 2025, up from 1,355 in Q1 2025.
- Funds reported $11.6B of State Street Utilities Select Sector SPDR ETF stock for Q2 2025, up 6.8% quarter-over-quarter.
- 164 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q2 2025 and 109 closed out, a net change of +55 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q2 2025 was Proficio Capital Partners, an estimated $703M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q2 2025 was Goldman Sachs, an estimated $367M sold.
Based on aggregated 13F filings for Q2 2025.