State Street SPDR S&P Oil & Gas Exploration & Production ETF
334 hedge funds and large institutions have $3.71B invested in State Street SPDR S&P Oil & Gas Exploration & Production ETF in 2025 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 86 increasing their positions, 124 reducing their positions, and 47 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
10.76% more ownership
Funds ownership: 185.72% → 196.49% (+11%)
3% more capital invested
Capital invested by funds: $3.61B → $3.71B (+$96.8M)
4% less funds holding
Funds holding: 348 → 334 (-14)
19% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 47
31% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 124
48% less call options, than puts
Call options by funds: $1.18B | Put options by funds: $2.24B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$169M |
| 2 |
Citigroup
New York
|
+$62.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$59.9M |
| 4 |
SG Americas Securities
New York
|
+$29.1M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$124M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$78M |
| 3 |
Morgan Stanley
New York
|
-$55.2M |
| 4 |
Jane Street
New York
|
-$24.2M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$23.4M |
XOP Hedge Fund Activity: Q3 2025 in Review
334 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) for Q3 2025, worth a combined $3.71B — up 2.7% from $3.61B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of XOP and 38 opened new positions — a net loss of 9 holders — while 124 trimmed existing stakes and 86 added.
The largest buyer was Bank of America, adding an estimated $169M. The largest seller was Barclays, cutting an estimated $124M.
- 334 institutional investors held State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) as of Q3 2025, down from 348 in Q2 2025.
- Funds reported $3.71B of State Street SPDR S&P Oil & Gas Exploration & Production ETF stock for Q3 2025, up 2.7% quarter-over-quarter.
- 38 funds opened new State Street SPDR S&P Oil & Gas Exploration & Production ETF positions in Q3 2025 and 47 closed out, a net change of -9 holders.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF buyer in Q3 2025 was Bank of America, an estimated $169M added.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF seller in Q3 2025 was Barclays, an estimated $124M sold.
Based on aggregated 13F filings for Q3 2025.