Gotham Enhanced 500 ETF
GSPY
11 hedge funds and large institutions have $620M invested in Gotham Enhanced 500 ETF in 2025 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
13% more capital invested
Capital invested by funds: $546M → $620M (+$73.7M)
5.17% more ownership
Funds ownership: 96.97% → 102.14% (+5.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$29.9M |
| 2 |
Goldman Sachs
New York
|
+$405K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$128K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$585K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$447K |
| 3 |
MIM
Miller Investment Management
West Conshohocken,
Pennsylvania
|
-$65.4K |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$16K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.08K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
1
Gotham Asset Management
New York
| $612M | +$29.9M | +850,600 | +5% |
|
|
MIM
2
Miller Investment Management
West Conshohocken,
Pennsylvania
| $3.5M | -$65.4K | -1,859 | -2% |
|
|
BFC
3
Bedel Financial Consulting
Indianapolis,
Indiana
| $2.27M | -$2.95K | -84 | -0.1% |
|
|
PPW
4
Pasadena Private Wealth
Pasadena,
California
| $577K | – | – | – |
|
|
5
Citadel Advisors
Miami,
Florida
| $482K | +$128K | +3,636 | +38% |
|
|
6
Goldman Sachs
New York
| $421K | +$405K | +11,509 | New |
|
|
STA
7
Summit Trail Advisors
New York
| $233K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $161K | -$4.08K | -116 | -3% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $129K | -$447K | -12,717 | -78% |
|
|
10
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $6.7K | +$1.05K | +30 | +20% |
|
11
Osaic Holdings
Scottsdale,
Arizona
| $3.66K | – | – | – |
|
|
12
Jane Street
New York
| – | -$585K | -17,244 | Closed |
|
|
13
Raymond James Financial
St Petersburg,
Florida
| – | -$16K | -472 | Closed |
|
GSPY Hedge Fund Activity: Q3 2025 in Review
11 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Gotham Enhanced 500 ETF (GSPY) for Q3 2025, worth a combined $620M — up 13% from $546M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of GSPY and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Gotham Asset Management, adding an estimated $29.9M. The largest seller was Jane Street, exiting entirely with an estimated $585K sold.
- 11 institutional investors held Gotham Enhanced 500 ETF (GSPY) as of Q3 2025, down from 12 in Q2 2025.
- Funds reported $620M of Gotham Enhanced 500 ETF stock for Q3 2025, up 13% quarter-over-quarter.
- 1 fund opened new Gotham Enhanced 500 ETF positions in Q3 2025 and 2 closed out, a net change of -1 holder.
- The largest Gotham Enhanced 500 ETF buyer in Q3 2025 was Gotham Asset Management, an estimated $29.9M added.
- The largest Gotham Enhanced 500 ETF seller in Q3 2025 was Jane Street, an estimated $585K sold.
Based on aggregated 13F filings for Q3 2025.