ProShares S&P 500 High Income ETF
ISPY
89 hedge funds and large institutions have $528M invested in ProShares S&P 500 High Income ETF in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 17 reducing their positions, and 10 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 17
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
9% more capital invested
Capital invested by funds: $486M → $528M (+$41.9M)
7% more funds holding
Funds holding: 83 → 89 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.71% less ownership
Funds ownership: 65.89% → 61.18% (-4.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$12.7M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$9.16M |
| 3 |
Morgan Stanley
New York
|
+$9.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.5M |
| 5 |
RIS
Richmond Investment Services
Mequon,
Wisconsin
|
+$6.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$23.8M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$4.71M |
| 3 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$4.22M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$1.19M |
| 5 |
SW
SteelPeak Wealth
Woodland Hills,
California
|
-$966K |
ISPY Hedge Fund Activity: Q2 2025 in Review
89 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P 500 High Income ETF (ISPY) for Q2 2025, worth a combined $528M — up 8.6% from $486M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ISPY positions and 10 closed out — a net gain of 7 holders — while 49 added to existing stakes and 17 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $12.7M. The largest seller was Bank of America, cutting an estimated $23.8M.
- 89 institutional investors held ProShares S&P 500 High Income ETF (ISPY) as of Q2 2025, up from 83 in Q1 2025.
- Funds reported $528M of ProShares S&P 500 High Income ETF stock for Q2 2025, up 8.6% quarter-over-quarter.
- 17 funds opened new ProShares S&P 500 High Income ETF positions in Q2 2025 and 10 closed out, a net change of +7 holders.
- The largest ProShares S&P 500 High Income ETF buyer in Q2 2025 was Raymond James Financial, an estimated $12.7M added.
- The largest ProShares S&P 500 High Income ETF seller in Q2 2025 was Bank of America, an estimated $23.8M sold.
Based on aggregated 13F filings for Q2 2025.