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State Street Health Care Select Sector SPDR ETF

1,677 hedge funds and large institutions have $25.2B invested in State Street Health Care Select Sector SPDR ETF in 2025 Q2 according to their latest regulatory filings, with 119 funds opening new positions, 556 increasing their positions, 753 reducing their positions, and 178 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.09% more ownership

Funds ownership: 72.85%73.93% (+1.1%)

3% more call options, than puts

Call options by funds: $2.11B | Put options by funds: $2.04B

5% less funds holding

Funds holding: 1,7671,677 (-90)

10% less capital invested

Capital invested by funds: $28B → $25.2B (-$2.81B)

26% less repeat investments, than reductions

Existing positions increased: 556 | Existing positions reduced: 753

33% less first-time investments, than exits

New positions opened: 119 | Existing positions closed: 178

36% less funds holding in top 10

Funds holding in top 10: 9863 (-35)

Holders
1,677
Holders Change
-90
Holders Change %
-5.09%
% of All Funds
22.08%
Holding in Top 10
63
Holding in Top 10 Change
-35
Holding in Top 10 Change %
-35.71%
% of All Funds
0.83%
New
119
Increased
556
Reduced
753
Closed
178
Calls
$2.11B
Puts
$2.04B
Net Calls
+$69.9M
Net Calls Change
+$1.4B
Name Holding Trade Value Shares
Change
Change in
Stake
EH
101
Equitable Holdings
New York
$22.6M +$2.74M +20,258 +14%
FAC
102
Financial Advisory Corporation
Michigan
$22.2M +$235K +1,743 +1%
CAPTRUST Financial Advisors
103
CAPTRUST Financial Advisors
North Carolina
$22.2M +$303K +2,245 +1%
KF
104
Krilogy Financial
Missouri
$22.2M +$1.68M +12,440 +8%
BWM
105
Biltmore Wealth Management
Arizona
$22.1M +$1.12M +8,288 +5%
Wealth Enhancement Advisory Services
106
Wealth Enhancement Advisory Services
Minnesota
$21.7M +$5.37M +39,790 +33%
Corient Private Wealth
107
Corient Private Wealth
Florida
$21.5M +$2.6M +19,269 +14%
PAS
108
Park Avenue Securities
New York
$20.6M -$358K -2,652 -2%
Balyasny Asset Management
109
Balyasny Asset Management
Illinois
$20.4M +$2.78M +20,581 +16%
Jones Financial Companies
110
Jones Financial Companies
Missouri
$20.3M +$5.14M +38,097 +34%
Hudson Bay Capital Management
111
Hudson Bay Capital Management
Connecticut
$20.2M +$20.3M +150,225 New
SWM
112
Spire Wealth Management
Virginia
$19.9M -$4.83M -35,737 -19%
DC
113
Davenport & Co
Virginia
$19.7M -$770K -5,705 -4%
AFA
114
American Financial Advisors
Georgia
$19.6M -$259K -1,919 -1%
MCWS
115
McKinley Carter Wealth Services
West Virginia
$19.6M +$2.76M +20,412 +16%
BFG
116
Bouchey Financial Group
New York
$19.5M +$537K +3,975 +3%
GC
117
Grimes & Company
Massachusetts
$19.5M -$18.7M -138,601 -49%
CF
118
Clarity Financial
Texas
$19.4M -$2.71M -20,063 -12%
CCM
119
Cullen Capital Management
New York
$19.3M +$18.7M +138,648 +2,880%
MIC
120
Means Investment Company
Maine
$19.2M +$4.78M +35,371 +33%
KAS
121
Kestra Advisory Services
Texas
$19M -$886K -6,562 -4%
GLLW
122
Graves Light Lenhart Wealth
Virginia
$19M -$359K -2,659 -2%
MIM
123
Miller Investment Management
Pennsylvania
$18.6M +$1.78M +13,179 +11%
AIC
124
Ayalon Insurance Company
Israel
$18.6M +$23K +170 +0.1%
Fifth Third Bancorp
125
Fifth Third Bancorp
Ohio
$18.3M -$6.36M -47,108 -26%

XLV Hedge Fund Activity: Q2 2025 in Review

1,677 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in State Street Health Care Select Sector SPDR ETF (XLV) for Q2 2025, worth a combined $25.2B — down 10% from $28B a quarter earlier.

Sellers outnumbered buyers: 178 funds closed out of XLV and 119 opened new positions — a net loss of 59 holders — while 753 trimmed existing stakes and 556 added.

The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $451M. The largest seller was VOYA Investment Management, exiting entirely with an estimated $173M sold.

  • 1,677 institutional investors held State Street Health Care Select Sector SPDR ETF (XLV) as of Q2 2025, down from 1,767 in Q1 2025.
  • Funds reported $25.2B of State Street Health Care Select Sector SPDR ETF stock for Q2 2025, down 10% quarter-over-quarter.
  • 119 funds opened new State Street Health Care Select Sector SPDR ETF positions in Q2 2025 and 178 closed out, a net change of -59 holders.
  • The largest State Street Health Care Select Sector SPDR ETF buyer in Q2 2025 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $451M added.
  • The largest State Street Health Care Select Sector SPDR ETF seller in Q2 2025 was VOYA Investment Management, an estimated $173M sold.

Based on aggregated 13F filings for Q2 2025.