State Street SPDR S&P Semiconductor ETF
202 hedge funds and large institutions have $392M invested in State Street SPDR S&P Semiconductor ETF in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 69 reducing their positions, and 40 closing their positions.
91% more call options, than puts
Call options by funds: $7.51M | Put options by funds: $3.94M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.41% less ownership
Funds ownership: 38.37% → 37.96% (-0.41%)
11% less funds holding
Funds holding: 226 → 202 (-24)
22% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 69
26% less capital invested
Capital invested by funds: $533M → $392M (-$140M)
48% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$4.54M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.85M |
| 3 |
Goldman Sachs
New York
|
+$2.56M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.87M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$13.3M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$7.82M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$6.52M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.51M |
| 5 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$3.5M |
XSD Hedge Fund Activity: Q1 2025 in Review
202 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Semiconductor ETF (XSD) for Q1 2025, worth a combined $392M — down 26% from $533M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of XSD and 21 opened new positions — a net loss of 19 holders — while 69 trimmed existing stakes and 54 added.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $4.54M. The largest seller was LPL Financial, cutting an estimated $13.3M.
- 202 institutional investors held State Street SPDR S&P Semiconductor ETF (XSD) as of Q1 2025, down from 226 in Q4 2024.
- Funds reported $392M of State Street SPDR S&P Semiconductor ETF stock for Q1 2025, down 26% quarter-over-quarter.
- 21 funds opened new State Street SPDR S&P Semiconductor ETF positions in Q1 2025 and 40 closed out, a net change of -19 holders.
- The largest State Street SPDR S&P Semiconductor ETF buyer in Q1 2025 was Janney Montgomery Scott, an estimated $4.54M added.
- The largest State Street SPDR S&P Semiconductor ETF seller in Q1 2025 was LPL Financial, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2025.