State Street Health Care Select Sector SPDR ETF
1,767 hedge funds and large institutions have $28B invested in State Street Health Care Select Sector SPDR ETF in 2025 Q1 according to their latest regulatory filings, with 165 funds opening new positions, 675 increasing their positions, 672 reducing their positions, and 129 closing their positions.
28% more first-time investments, than exits
New positions opened: 165 | Existing positions closed: 129
15% more funds holding in top 10
Funds holding in top 10: 85 → 98 (+13)
1.19% more ownership
Funds ownership: 71.65% → 72.85% (+1.2%)
0% more funds holding
Funds holding: 1,759 → 1,767 (+8)
0% more repeat investments, than reductions
Existing positions increased: 675 | Existing positions reduced: 672
1% less capital invested
Capital invested by funds: $28.3B → $28B (-$384M)
44% less call options, than puts
Call options by funds: $1.68B | Put options by funds: $3.01B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$254M |
| 2 |
Morgan Stanley
New York
|
+$180M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$172M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$147M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$145M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$423M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$359M |
| 3 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$119M |
| 4 |
Two Sigma Investments
New York
|
-$118M |
| 5 |
Goldman Sachs
New York
|
-$103M |
XLV Hedge Fund Activity: Q1 2025 in Review
1,767 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in State Street Health Care Select Sector SPDR ETF (XLV) for Q1 2025, worth a combined $28B — down 1.4% from $28.3B a quarter earlier.
Buyers outnumbered sellers: 165 funds opened new XLV positions and 129 closed out — a net gain of 36 holders — while 675 added to existing stakes and 672 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $254M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $423M.
- 1,767 institutional investors held State Street Health Care Select Sector SPDR ETF (XLV) as of Q1 2025, up from 1,759 in Q4 2024.
- Funds reported $28B of State Street Health Care Select Sector SPDR ETF stock for Q1 2025, down 1.4% quarter-over-quarter.
- 165 funds opened new State Street Health Care Select Sector SPDR ETF positions in Q1 2025 and 129 closed out, a net change of +36 holders.
- The largest State Street Health Care Select Sector SPDR ETF buyer in Q1 2025 was JP Morgan Chase, an estimated $254M added.
- The largest State Street Health Care Select Sector SPDR ETF seller in Q1 2025 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $423M sold.
Based on aggregated 13F filings for Q1 2025.