State Street SPDR S&P Semiconductor ETF
244 hedge funds and large institutions have $550M invested in State Street SPDR S&P Semiconductor ETF in 2025 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 65 increasing their positions, 76 reducing their positions, and 22 closing their positions.
82% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 22
38% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $9.97M
7% more funds holding
Funds holding: 228 → 244 (+16)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.23% less ownership
Funds ownership: 37.36% → 35.12% (-2.2%)
7% less capital invested
Capital invested by funds: $589M → $550M (-$38.9M)
14% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$6.28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.42M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.14M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$29.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.7M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$8.28M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.41M |
| 5 |
Goldman Sachs
New York
|
-$2.76M |
XSD Hedge Fund Activity: Q4 2025 in Review
244 institutional investors reported a position in State Street SPDR S&P Semiconductor ETF (XSD) for Q4 2025, worth a combined $550M — down 6.6% from $589M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new XSD positions and 22 closed out — a net gain of 18 holders — while 65 added to existing stakes and 76 trimmed.
The largest buyer was Kingsview Wealth Management, adding an estimated $6.28M. The largest seller was Morgan Stanley, cutting an estimated $29.9M.
- 244 institutional investors held State Street SPDR S&P Semiconductor ETF (XSD) as of Q4 2025, up from 228 in Q3 2025.
- Funds reported $550M of State Street SPDR S&P Semiconductor ETF stock for Q4 2025, down 6.6% quarter-over-quarter.
- 40 funds opened new State Street SPDR S&P Semiconductor ETF positions in Q4 2025 and 22 closed out, a net change of +18 holders.
- The largest State Street SPDR S&P Semiconductor ETF buyer in Q4 2025 was Kingsview Wealth Management, an estimated $6.28M added.
- The largest State Street SPDR S&P Semiconductor ETF seller in Q4 2025 was Morgan Stanley, an estimated $29.9M sold.
Based on aggregated 13F filings for Q4 2025.