State Street Health Care Select Sector SPDR ETF
1,647 hedge funds and large institutions have $25.5B invested in State Street Health Care Select Sector SPDR ETF in 2025 Q3 according to their latest regulatory filings, with 134 funds opening new positions, 556 increasing their positions, 711 reducing their positions, and 134 closing their positions.
1% more capital invested
Capital invested by funds: $25.2B → $25.5B (+$301M)
0.26% more ownership
Funds ownership: 73.93% → 74.19% (+0.26%)
0% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 134
2% less funds holding
Funds holding: 1,677 → 1,647 (-30)
3% less funds holding in top 10
Funds holding in top 10: 63 → 61 (-2)
22% less repeat investments, than reductions
Existing positions increased: 556 | Existing positions reduced: 711
32% less call options, than puts
Call options by funds: $2.18B | Put options by funds: $3.19B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$243M |
| 2 |
Goldman Sachs
New York
|
+$197M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$192M |
| 4 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$148M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$666M |
| 2 |
Morgan Stanley
New York
|
-$356M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$144M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$102M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$96.7M |
XLV Hedge Fund Activity: Q3 2025 in Review
1,647 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in State Street Health Care Select Sector SPDR ETF (XLV) for Q3 2025, worth a combined $25.5B — up 1.2% from $25.2B a quarter earlier.
Fund positioning in XLV was balanced in Q3 2025: 134 funds opened new positions, 134 closed out, 556 added to existing stakes and 711 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $243M. The largest seller was Bank of America, cutting an estimated $666M.
- 1,647 institutional investors held State Street Health Care Select Sector SPDR ETF (XLV) as of Q3 2025, down from 1,677 in Q2 2025.
- Funds reported $25.5B of State Street Health Care Select Sector SPDR ETF stock for Q3 2025, up 1.2% quarter-over-quarter.
- 134 funds opened new State Street Health Care Select Sector SPDR ETF positions in Q3 2025 and 134 closed out, a net change of 0 holders.
- The largest State Street Health Care Select Sector SPDR ETF buyer in Q3 2025 was Focus Partners Wealth, an estimated $243M added.
- The largest State Street Health Care Select Sector SPDR ETF seller in Q3 2025 was Bank of America, an estimated $666M sold.
Based on aggregated 13F filings for Q3 2025.