ProShares S&P 500 High Income ETF
ISPY
118 hedge funds and large institutions have $736M invested in ProShares S&P 500 High Income ETF in 2026 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 57 increasing their positions, 29 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
97% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 29
4% more funds holding
Funds holding: 113 → 118 (+5)
0% less capital invested
Capital invested by funds: $737M → $736M (-$1.72M)
0.78% less ownership
Funds ownership: 63.94% → 63.16% (-0.78%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$17.7M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$5.78M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.27M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$3.62M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIS
Richmond Investment Services
Mequon,
Wisconsin
|
-$14M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.86M |
| 3 |
JSW
Journey Strategic Wealth
Summit,
New Jersey
|
-$1.75M |
| 4 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$809K |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
-$680K |
ISPY Hedge Fund Activity: Q1 2026 in Review
118 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 High Income ETF (ISPY) for Q1 2026, worth a combined $736M — down 0.23% from $737M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ISPY positions and 7 closed out — a net gain of 7 holders — while 57 added to existing stakes and 29 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $17.7M. The largest seller was Richmond Investment Services, cutting an estimated $14M.
- 118 institutional investors held ProShares S&P 500 High Income ETF (ISPY) as of Q1 2026, up from 113 in Q4 2025.
- Funds reported $736M of ProShares S&P 500 High Income ETF stock for Q1 2026, down 0.23% quarter-over-quarter.
- 14 funds opened new ProShares S&P 500 High Income ETF positions in Q1 2026 and 7 closed out, a net change of +7 holders.
- The largest ProShares S&P 500 High Income ETF buyer in Q1 2026 was Morgan Stanley, an estimated $17.7M added.
- The largest ProShares S&P 500 High Income ETF seller in Q1 2026 was Richmond Investment Services, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2026.