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State Street SPDR S&P Software & Services ETF

110 hedge funds and large institutions have $250M invested in State Street SPDR S&P Software & Services ETF in 2025 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $246M → $250M (+$3.45M)

3.87% less ownership

Funds ownership: 53.72%49.85% (-3.9%)

5% less funds holding

Funds holding: 116110 (-6)

36% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 14

51% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 45

Holders
110
Holders Change
-6
Holders Change %
-5.17%
% of All Funds
1.45%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
22
Reduced
45
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Kovitz Investment Group Partners
51
Kovitz Investment Group Partners
Illinois
$388K -$86.8K -506 -20%
RIS
52
Retirement Income Solutions
Michigan
$376K +$20.6K +120 +6%
BFA
53
Beacon Financial Advisory
Ohio
$360K -$163K -951 -33%
MCC
54
Money Concepts Capital
Florida
$348K -$24.7K -144 -7%
VFG
55
V2 Financial group
Illinois
$342K
SS
56
Sunbelt Securities
Texas
$334K -$47.2K -275 -13%
Truist Financial
57
Truist Financial
North Carolina
$302K
AWA
58
Arkadios Wealth Advisors
Georgia
$302K
MAM
59
MWA Asset Management
Massachusetts
$283K +$255K +1,489 New
IA
60
IFP Advisors
Florida
$282K +$15.3K +89 +6%
Janney Montgomery Scott
61
Janney Montgomery Scott
Pennsylvania
$254K +$230K +1,338 New
PPC
62
Pennington Partners & Co
Maryland
$249K
D.E. Shaw & Co
63
D.E. Shaw & Co
New York
$245K
Commonwealth Equity Services
64
Commonwealth Equity Services
Massachusetts
$231K -$6.86K -40 -3%
HF
65
HRT Financial
New York
$229K -$238K -1,385 -53%
CIS
66
Custom Index Systems
New York
$227K +$205K +1,197 New
CBA
67
Coastal Bridge Advisors
Connecticut
$222K -$35.2K -205 -15%
RAM
68
Ramirez Asset Management
New York
$190K
SAM
69
Sherman Asset Management
California
$181K -$52.7K -307 -24%
AUB
70
Atlantic Union Bankshares
Virginia
$147K +$133K +773 New
IWA
71
Icon Wealth Advisors
Texas
$115K +$104K +604 New
HNB
72
Huntington National Bank
Ohio
$112K
Bank of Montreal
73
Bank of Montreal
Ontario, Canada
$89.6K -$22K -128 -21%
Qube Research & Technologies (QRT)
74
Qube Research & Technologies (QRT)
United Kingdom
$85K -$60K -350 -44%
CH
75
Canton Hathaway
Rhode Island
$80K

XSW Hedge Fund Activity: Q2 2025 in Review

110 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q2 2025, worth a combined $250M — up 1.4% from $246M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of XSW and 9 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 22 added.

The largest buyer was Morgan Stanley, adding an estimated $3.17M. The largest seller was Bank of America, cutting an estimated $32.5M.

  • 110 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q2 2025, down from 116 in Q1 2025.
  • Funds reported $250M of State Street SPDR S&P Software & Services ETF stock for Q2 2025, up 1.4% quarter-over-quarter.
  • 9 funds opened new State Street SPDR S&P Software & Services ETF positions in Q2 2025 and 14 closed out, a net change of -5 holders.
  • The largest State Street SPDR S&P Software & Services ETF buyer in Q2 2025 was Morgan Stanley, an estimated $3.17M added.
  • The largest State Street SPDR S&P Software & Services ETF seller in Q2 2025 was Bank of America, an estimated $32.5M sold.

Based on aggregated 13F filings for Q2 2025.