State Street Utilities Select Sector SPDR ETF
1,426 hedge funds and large institutions have $13.1B invested in State Street Utilities Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 147 funds opening new positions, 560 increasing their positions, 478 reducing their positions, and 94 closing their positions.
56% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 94
17% more repeat investments, than reductions
Existing positions increased: 560 | Existing positions reduced: 478
13% more capital invested
Capital invested by funds: $11.6B → $13.1B (+$1.5B)
2% more funds holding
Funds holding: 1,394 → 1,426 (+32)
6% less funds holding in top 10
Funds holding in top 10: 34 → 32 (-2)
7.21% less ownership
Funds ownership: 130.04% → 122.82% (-7.2%)
60% less call options, than puts
Call options by funds: $1.26B | Put options by funds: $3.14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$182M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$142M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$121M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$114M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$112M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$738M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$174M |
| 3 |
Morgan Stanley
New York
|
-$139M |
| 4 |
PP
Peconic Partners
New York
|
-$81.7M |
| 5 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$61.3M |
XLU Hedge Fund Activity: Q3 2025 in Review
1,426 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q3 2025, worth a combined $13.1B — up 13% from $11.6B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new XLU positions and 94 closed out — a net gain of 53 holders — while 560 added to existing stakes and 478 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $182M. The largest seller was Proficio Capital Partners, cutting an estimated $738M.
- 1,426 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q3 2025, up from 1,394 in Q2 2025.
- Funds reported $13.1B of State Street Utilities Select Sector SPDR ETF stock for Q3 2025, up 13% quarter-over-quarter.
- 147 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q3 2025 and 94 closed out, a net change of +53 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q3 2025 was Envestnet Asset Management, an estimated $182M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q3 2025 was Proficio Capital Partners, an estimated $738M sold.
Based on aggregated 13F filings for Q3 2025.