State Street SPDR S&P Software & Services ETF
XSW
114 hedge funds and large institutions have $246M invested in State Street SPDR S&P Software & Services ETF in 2025 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 12 closing their positions.
938% more call options, than puts
Call options by funds: $415K | Put options by funds: $40K
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 110 → 114 (+4)
1.56% more ownership
Funds ownership: 49.85% → 51.41% (+1.6%)
2% less capital invested
Capital invested by funds: $250M → $246M (-$3.77M)
33% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$5.53M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$4.18M |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$3.64M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$2.35M |
| 5 |
EL
Essex LLC
Deer Park,
Illinois
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$10.2M |
| 2 |
Morgan Stanley
New York
|
-$5.81M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.61M |
| 4 |
BlackRock
New York
|
-$2.1M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.9M |
XSW Hedge Fund Activity: Q3 2025 in Review
114 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Software & Services ETF (XSW) for Q3 2025, worth a combined $246M — down 1.5% from $250M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new XSW positions and 12 closed out — a net gain of 6 holders — while 22 added to existing stakes and 33 trimmed.
The largest buyer was Two Sigma Investments, opening a new position worth an estimated $5.53M. The largest seller was Kingsview Wealth Management, exiting entirely with an estimated $10.2M sold.
- 114 institutional investors held State Street SPDR S&P Software & Services ETF (XSW) as of Q3 2025, up from 110 in Q2 2025.
- Funds reported $246M of State Street SPDR S&P Software & Services ETF stock for Q3 2025, down 1.5% quarter-over-quarter.
- 18 funds opened new State Street SPDR S&P Software & Services ETF positions in Q3 2025 and 12 closed out, a net change of +6 holders.
- The largest State Street SPDR S&P Software & Services ETF buyer in Q3 2025 was Two Sigma Investments, an estimated $5.53M added.
- The largest State Street SPDR S&P Software & Services ETF seller in Q3 2025 was Kingsview Wealth Management, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2025.