State Street SPDR S&P Telecom ETF
XTL
47 hedge funds and large institutions have $64.2M invested in State Street SPDR S&P Telecom ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2% more funds holding
Funds holding: 46 → 47 (+1)
3.06% less ownership
Funds ownership: 57.78% → 54.72% (-3.1%)
15% less capital invested
Capital invested by funds: $75.1M → $64.2M (-$10.9M)
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.65M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.48M |
| 4 |
Morgan Stanley
New York
|
+$1.36M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$12.5M |
| 2 |
LPL Financial
San Diego,
California
|
-$9.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.71M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.46M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCA
51
Prosperity Capital Advisors
Westlake,
Ohio
| – | -$607K | -6,069 | Closed |
|
|
RAS
52
RPS Advisory Solutions
Louisville,
Kentucky
| – | -$569K | -5,688 | Closed |
|
|
UAG
53
United Advisor Group
Cincinnati,
Ohio
| – | -$271K | -2,707 | Closed |
|
|
GWS
54
Glassman Wealth Services
Vienna,
Virginia
| – | -$14.4K | -144 | Closed |
|
|
SW
55
SVB Wealth
Boston,
Massachusetts
| – | -$8.5K | -85 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7.5K | -75 | Closed |
|
XTL Hedge Fund Activity: Q2 2025 in Review
47 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q2 2025, worth a combined $64.2M — down 15% from $75.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new XTL positions and 9 closed out — a net gain of 1 holder — while 10 added to existing stakes and 18 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $2.14M. The largest seller was New Harbor Financial Group, exiting entirely with an estimated $12.5M sold.
- 47 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q2 2025, up from 46 in Q1 2025.
- Funds reported $64.2M of State Street SPDR S&P Telecom ETF stock for Q2 2025, down 15% quarter-over-quarter.
- 10 funds opened new State Street SPDR S&P Telecom ETF positions in Q2 2025 and 9 closed out, a net change of +1 holder.
- The largest State Street SPDR S&P Telecom ETF buyer in Q2 2025 was Citadel Advisors, an estimated $2.14M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q2 2025 was New Harbor Financial Group, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2025.