State Street Utilities Select Sector SPDR ETF
1,354 hedge funds and large institutions have $10.9B invested in State Street Utilities Select Sector SPDR ETF in 2025 Q1 according to their latest regulatory filings, with 147 funds opening new positions, 522 increasing their positions, 473 reducing their positions, and 127 closing their positions.
16% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 127
10% more repeat investments, than reductions
Existing positions increased: 522 | Existing positions reduced: 473
0% less funds holding
Funds holding: 1,359 → 1,354 (-5)
10.48% less ownership
Funds ownership: 136.24% → 125.75% (-10%)
15% less capital invested
Capital invested by funds: $12.8B → $10.9B (-$1.87B)
19% less funds holding in top 10
Funds holding in top 10: 43 → 35 (-8)
68% less call options, than puts
Call options by funds: $967M | Put options by funds: $3.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$210M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$70.4M |
| 3 |
Millennium Management
New York
|
+$66M |
| 4 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$58.4M |
| 5 |
Holocene Advisors
New York
|
+$51.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$258M |
| 2 |
SCB
Saudi Central Bank
Riyadh,
Saudi Arabia
|
-$121M |
| 3 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
-$90.2M |
| 4 |
MB
Mizuho Bank
Tokyo,
Japan
|
-$68.2M |
| 5 |
Morgan Stanley
New York
|
-$55.7M |
XLU Hedge Fund Activity: Q1 2025 in Review
1,354 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in State Street Utilities Select Sector SPDR ETF (XLU) for Q1 2025, worth a combined $10.9B — down 15% from $12.8B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new XLU positions and 127 closed out — a net gain of 20 holders — while 522 added to existing stakes and 473 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $210M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), exiting entirely with an estimated $258M sold.
- 1,354 institutional investors held State Street Utilities Select Sector SPDR ETF (XLU) as of Q1 2025, down from 1,359 in Q4 2024.
- Funds reported $10.9B of State Street Utilities Select Sector SPDR ETF stock for Q1 2025, down 15% quarter-over-quarter.
- 147 funds opened new State Street Utilities Select Sector SPDR ETF positions in Q1 2025 and 127 closed out, a net change of +20 holders.
- The largest State Street Utilities Select Sector SPDR ETF buyer in Q1 2025 was JP Morgan Chase, an estimated $210M added.
- The largest State Street Utilities Select Sector SPDR ETF seller in Q1 2025 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $258M sold.
Based on aggregated 13F filings for Q1 2025.