State Street SPDR S&P Telecom ETF
XTL
61 hedge funds and large institutions have $99.6M invested in State Street SPDR S&P Telecom ETF in 2025 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 1 closing their positions.
1,400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 1
55% more capital invested
Capital invested by funds: $64.2M → $99.6M (+$35.4M)
30% more funds holding
Funds holding: 47 → 61 (+14)
8.51% more ownership
Funds ownership: 54.72% → 63.23% (+8.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.57M |
| 2 |
CM
Castleark Management
Chicago,
Illinois
|
+$7.66M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.72M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$2.39M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.23M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.34M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.63M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.43M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GEA
51
Glen Eagle Advisors
Kingston,
New Jersey
| $17.5K | +$12.8K | +100 | +400% |
|
|
GRP
52
Global Retirement Partners
San Rafael,
California
| $13.6K | +$12.1K | +94 | +3,133% |
|
|
SWM
53
Spire Wealth Management
Mclean,
Virginia
| $7.97K | – | – | – |
|
|
WWMSC
54
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| $6.38K | +$5.9K | +46 | New |
|
55
AssetMark Inc
Concord,
California
| $4.34K | – | – | – |
|
|
KWM
56
Kiker Wealth Management
Jasper,
Georgia
| $2.38K | – | – | – |
|
57
Qube Research & Technologies (QRT)
London,
United Kingdom
| $2.24K | – | – | – |
|
58
Wells Fargo
San Francisco,
California
| $1.54K | – | – | – |
|
|
NS
59
NBC Securities
Birmingham,
Alabama
| $1.26K | – | – | – |
|
|
PS
60
Principal Securities
Des Moines,
Iowa
| $840 | – | – | – |
|
|
OCM
61
Orion Capital Management
Coronado,
California
| $560 | +$513 | +4 | New |
|
|
62
IMC Chicago
Chicago,
Illinois
| – | -$1.63M | -13,863 | Closed |
|
XTL Hedge Fund Activity: Q3 2025 in Review
61 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR S&P Telecom ETF (XTL) for Q3 2025, worth a combined $99.6M — up 55% from $64.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new XTL positions and 1 closed out — a net gain of 14 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.57M. The largest seller was Goldman Sachs, cutting an estimated $3.23M.
- 61 institutional investors held State Street SPDR S&P Telecom ETF (XTL) as of Q3 2025, up from 47 in Q2 2025.
- Funds reported $99.6M of State Street SPDR S&P Telecom ETF stock for Q3 2025, up 55% quarter-over-quarter.
- 15 funds opened new State Street SPDR S&P Telecom ETF positions in Q3 2025 and 1 closed out, a net change of +14 holders.
- The largest State Street SPDR S&P Telecom ETF buyer in Q3 2025 was LPL Financial, an estimated $9.57M added.
- The largest State Street SPDR S&P Telecom ETF seller in Q3 2025 was Goldman Sachs, an estimated $3.23M sold.
Based on aggregated 13F filings for Q3 2025.