State Street SPDR S&P Oil & Gas Exploration & Production ETF
351 hedge funds and large institutions have $3.25B invested in State Street SPDR S&P Oil & Gas Exploration & Production ETF in 2025 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 96 increasing their positions, 112 reducing their positions, and 70 closing their positions.
21% more capital invested
Capital invested by funds: $2.69B → $3.25B (+$558M)
19.95% more ownership
Funds ownership: 121.26% → 141.21% (+20%)
8% less funds holding
Funds holding: 381 → 351 (-30)
14% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 112
33% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 70
46% less call options, than puts
Call options by funds: $1.23B | Put options by funds: $2.3B
50% less funds holding in top 10
Funds holding in top 10: 10 → 5 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$210M |
| 2 |
Morgan Stanley
New York
|
+$195M |
| 3 |
JP Morgan Chase
New York
|
+$98.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$96M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$79.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$93.7M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$75.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$29.6M |
| 4 |
JFG
Jefferies Financial Group
New York
|
-$15.9M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
-$15.5M |
XOP Hedge Fund Activity: Q1 2025 in Review
351 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) for Q1 2025, worth a combined $3.25B — up 21% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of XOP and 47 opened new positions — a net loss of 23 holders — while 112 trimmed existing stakes and 96 added.
The largest buyer was Citigroup, adding an estimated $210M. The largest seller was Citadel Advisors, cutting an estimated $93.7M.
- 351 institutional investors held State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) as of Q1 2025, down from 381 in Q4 2024.
- Funds reported $3.25B of State Street SPDR S&P Oil & Gas Exploration & Production ETF stock for Q1 2025, up 21% quarter-over-quarter.
- 47 funds opened new State Street SPDR S&P Oil & Gas Exploration & Production ETF positions in Q1 2025 and 70 closed out, a net change of -23 holders.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF buyer in Q1 2025 was Citigroup, an estimated $210M added.
- The largest State Street SPDR S&P Oil & Gas Exploration & Production ETF seller in Q1 2025 was Citadel Advisors, an estimated $93.7M sold.
Based on aggregated 13F filings for Q1 2025.