State Street SPDR S&P Metals & Mining ETF
419 hedge funds and large institutions have $3.07B invested in State Street SPDR S&P Metals & Mining ETF in 2026 Q1 according to their latest regulatory filings, with 116 funds opening new positions, 132 increasing their positions, 105 reducing their positions, and 68 closing their positions.
71% more first-time investments, than exits
New positions opened: 116 | Existing positions closed: 68
28% more capital invested
Capital invested by funds: $2.4B → $3.07B (+$662M)
26% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 105
11% more funds holding
Funds holding: 376 → 419 (+43)
0.54% less ownership
Funds ownership: 70.17% → 69.63% (-0.54%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
19% less call options, than puts
Call options by funds: $424M | Put options by funds: $522M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$666M |
| 2 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$97M |
| 3 |
D.E. Shaw & Co
New York
|
+$90.8M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$60.6M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$134M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$134M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$80.7M |
| 4 |
Citigroup
New York
|
-$45.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$36.1M |
XME Hedge Fund Activity: Q1 2026 in Review
419 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Metals & Mining ETF (XME) for Q1 2026, worth a combined $3.07B — up 28% from $2.4B a quarter earlier.
Buyers outnumbered sellers: 116 funds opened new XME positions and 68 closed out — a net gain of 48 holders — while 132 added to existing stakes and 105 trimmed.
The largest buyer was Bank of America, adding an estimated $666M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $134M.
- 419 institutional investors held State Street SPDR S&P Metals & Mining ETF (XME) as of Q1 2026, up from 376 in Q4 2025.
- Funds reported $3.07B of State Street SPDR S&P Metals & Mining ETF stock for Q1 2026, up 28% quarter-over-quarter.
- 116 funds opened new State Street SPDR S&P Metals & Mining ETF positions in Q1 2026 and 68 closed out, a net change of +48 holders.
- The largest State Street SPDR S&P Metals & Mining ETF buyer in Q1 2026 was Bank of America, an estimated $666M added.
- The largest State Street SPDR S&P Metals & Mining ETF seller in Q1 2026 was BNP Paribas Financial Markets, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2026.