SPDR S&P Oil & Gas Equipment & Services ETF

XES • ARCA

SPDR S&P Oil & Gas Equipment & Services ETF is an exchange-traded fund on ARCA. As of Q3 2025, 68 institutional investors hold shares in this ETF, with total holdings valued at $47.3M. MORGAN STANLEY is the largest holder with a position valued at $5.3M.

Overview

Overview of institutional ownership in XES as of Q3 2025

All Institutions

Institutions: 68
Value Held: $47.3M
Shares Held: 654.2K
Avg Position: $696.1K
Median Position: $39.0K

Hedge Funds

Hedge Funds: 1
Value Held: $2.4M
Shares Held: 32.9K
Avg Position: $2.4M
Median Position: $2.4M

Biggest Investors

Institutions with the largest positions in XES as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$5.3M 0.00% of portfolio	72.7K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$4.3M 0.00% of portfolio	59.2K shares	Q4 2024 Held for 11 months	$310.43B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$4.0M 0.00% of portfolio	55.0K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
GOLDMAN SACHS GROUP INC Institution	David M. Solomon CEO	$4.0M 0.00% of portfolio	54.8K shares	Q4 2018 Held for 6y 11m	$691.34B
L LPL Financial LLC Institution	-	$3.9M 0.00% of portfolio	53.8K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	-	$3.1M 0.00% of portfolio	43.2K shares	Q3 2013 Held for 12y 2m	$67.9B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$2.4M 0.00% of portfolio	32.9K shares	Q2 2015 Held for 10y 5m	$122.08B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$2.0M 0.00% of portfolio	27.2K shares	Q1 2023 Held for 2y 8m	$85.4B
BCJ Capital Management, LLC RIA/Wealth	Justin Michael Young CEO	$1.9M 0.11% of portfolio	26.2K shares	Q3 2025 Held for 2 months	$1.7B
R ROYAL BANK OF CANADA Institution	-	$1.8M 0.00% of portfolio	25.5K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B

Net Capital Flow

Institutional buying and selling activity for XES in Q3 2025

Traded: +$2.5M
Buyers: 24
Sellers: 30
Total Bought: +$12.4M
Total Sold: −$9.9M
Avg Position: $614.7K

Biggest Buyers

Institution	Net Bought	Current Position
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$4.0M +54.8K shares	$4.3M 59.2K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$2.4M +32.9K shares	$2.4M 32.9K shares
BCJ Capital Management, LLC RIA/Wealth	+$1.9M +26.2K shares	$1.9M 26.2K shares
T Tower Research Capital LLC Institution	+$1.8M +25.3K shares	$1.8M 25.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	+$857.5K +11.9K shares	$3.1M 43.2K shares
Q Quadrature Capital Ltd Institution	+$419.1K +5.8K shares	$419.1K 5.8K shares
F FLOW TRADERS U.S. LLC Institution	+$337.2K +4.7K shares	$1.8M 24.8K shares
H HRT FINANCIAL LLC Institution	+$316.5K +4.4K shares	$316.5K 4.4K shares
BANK OF AMERICA CORP /DE/ Institution	+$162.9K +2.3K shares	$4.0M 55.0K shares
CWM, LLC RIA/Wealth	+$126.8K +1.8K shares	$244.8K 3.4K shares

Biggest Sellers

Institution	Net Sold	Current Position
L LPL Financial LLC Institution	−$2.4M −32.7K shares	$3.9M 53.8K shares
MORGAN STANLEY RIA/Wealth	−$1.6M −21.5K shares	$5.3M 72.7K shares
R ROYAL BANK OF CANADA Institution	−$1.5M −20.7K shares	$1.8M 25.5K shares
Cetera Investment Advisers RIA/Wealth	−$1.1M −15.3K shares	$2.0M 27.2K shares
PRIVATE CLIENT SERVICES, LLC RIA/Wealth	−$953.2K −15.0K shares	Sold Off 0 shares
Belpointe Asset Management LLC RIA/Wealth	−$485.4K −7.7K shares	Sold Off 0 shares
BCS Private Wealth Management, Inc. RIA/Wealth	−$437.7K −6.9K shares	Sold Off 0 shares
G GTS SECURITIES LLC Institution	−$424.0K −6.7K shares	Sold Off 0 shares
HORIZON KINETICS ASSET MANAGEMENT LLC Long Only Manager	−$304.7K −4.2K shares	$396.9K 5.5K shares
WELLS FARGO & COMPANY/MN Institution	−$210.0K −2.9K shares	$1.5M 20.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited XES in Q3 2025

New Positions: 4
New Value: $1.9M
Exited Positions: 9
Exited Value: $2.5M

New Positions

Institution	Position Value
BCJ Capital Management, LLC RIA/Wealth	$1.9M 26.2K shares
R Root Financial Partners, LLC RIA/Wealth	$15.1K 209.0 shares
R Ronald Blue Trust, Inc. Institution	$6.2K 85.0 shares
Farther Finance Advisors, LLC RIA/Wealth	$2.2K 30.0 shares

Exited Positions

Institution	Previous Position
PRIVATE CLIENT SERVICES, LLC RIA/Wealth	$953.2K 15.0K shares
Belpointe Asset Management LLC RIA/Wealth	$485.4K 7.7K shares
BCS Private Wealth Management, Inc. RIA/Wealth	$437.7K 6.9K shares
G GTS SECURITIES LLC Institution	$424.0K 6.7K shares
C Concorde Financial Corp Institution	$163.1K 2.6K shares
H HUNTINGTON NATIONAL BANK Long Only Manager	$40.3K 636.0 shares
Manchester Capital Management LLC Family Office	$4.4K 70.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	$1.5K 24.0 shares
Nova Wealth Management, Inc. RIA/Wealth	$1.4K 22.0 shares

Options Activity

Institutions with the largest Call and Put options positions in XES as of Q3 2025

Call Positions: 3
Call Value: $3.3M
Put Positions: 2
Put Value: $904.4K

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.7M 236.0 contracts
J JANE STREET GROUP, LLC Institution	$1.0M 143.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$578.8K 80.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$651.2K 90.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$253.2K 35.0 contracts

Most Committed Institutions

Institutions with XES as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
M MERIDIAN INVESTMENT COUNSEL INC. RIA/Wealth	Michael Lawrence Woodall CFO	0.32% $1.3M	17.7K shares	Q3 2023 Held for 2y 2m	$404.9M
Aspen Grove Capital, LLC Family Office	Richard Jess Geisman CCO	0.24% $1.4M	20.0K shares	Q4 2022 Held for 2y 11m	$594.3M
Puplava Financial Services, Inc. RIA/Wealth	Lisa Helm CEO	0.12% $558.3K	7.7K shares	Q2 2022 Held for 3y 5m	$471.5M
BCJ Capital Management, LLC RIA/Wealth	Justin Michael Young CEO	0.11% $1.9M	26.2K shares	Q3 2025 Held for 2 months	$1.7B
F FLOW TRADERS U.S. LLC Institution	-	0.09% $1.8M	24.8K shares	Q1 2024 Held for 1y 8m	$2.1B
T Tower Research Capital LLC Institution	-	0.05% $1.8M	25.3K shares	Q3 2013 Held for 12y 2m	$3.6B
Stratos Wealth Advisors, LLC RIA/Wealth	Jeffrey Alan Concepcion CEO	0.04% $767.3K	10.6K shares	Q2 2025 Held for 5 months	$2.1B
Keystone Financial Group RIA/Wealth	Kevin Michael Mccann CCO	0.02% $286.4K	4.0K shares	Q2 2023 Held for 2y 5m	$1.3B
Capital Investment Advisory Services, LLC RIA/Wealth	Richard King Bryant President	0.01% $136.0K	1.9K shares	Q1 2025 Held for 8 months	$1.3B
P Provident Wealth Management, LLC RIA/Wealth	Keith Edward Mckissock CCO	0.01% $28.9K	400.0 shares	Q1 2025 Held for 8 months	$326.0M

Hedge Fund Spotlight

Discover hedge funds investing in XES

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in SPDR S&P Oil & Gas Equipment & Services ETF

Market Value: $2.4M
Shares Held: 32.9K
Portfolio Weight: 0.00%
Owned Since: 2015-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%