State Street SPDR S&P Software & Services ETF
XSW
116 hedge funds and large institutions have $246M invested in State Street SPDR S&P Software & Services ETF in 2025 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 12 closing their positions.
62% more call options, than puts
Call options by funds: $336K | Put options by funds: $208K
58% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 12
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
5% more funds holding
Funds holding: 110 → 116 (+6)
5.05% more ownership
Funds ownership: 48.67% → 53.72% (+5.1%)
3% more capital invested
Capital invested by funds: $240M → $246M (+$6.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$26M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$9.95M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.83M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$3.43M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beck Capital Management
Austin,
Texas
|
-$3.72M |
| 2 |
Morgan Stanley
New York
|
-$1.71M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.45M |
| 4 |
TSS
Two Sigma Securities
New York
|
-$1.09M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$757K |
XSW Hedge Fund Activity: Q1 2025 in Review
116 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q1 2025, worth a combined $246M — up 2.7% from $240M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new XSW positions and 12 closed out — a net gain of 7 holders — while 35 added to existing stakes and 25 trimmed.
The largest buyer was Bank of America, adding an estimated $26M. The largest seller was Beck Capital Management, exiting entirely with an estimated $3.72M sold.
- 116 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q1 2025, up from 110 in Q4 2024.
- Funds reported $246M of State Street SPDR S&P Software & Services ETF stock for Q1 2025, up 2.7% quarter-over-quarter.
- 19 funds opened new State Street SPDR S&P Software & Services ETF positions in Q1 2025 and 12 closed out, a net change of +7 holders.
- The largest State Street SPDR S&P Software & Services ETF buyer in Q1 2025 was Bank of America, an estimated $26M added.
- The largest State Street SPDR S&P Software & Services ETF seller in Q1 2025 was Beck Capital Management, an estimated $3.72M sold.
Based on aggregated 13F filings for Q1 2025.