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 9 closing their positions.
188% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 17
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $486M → $528M (+$42.4M)
9% more funds holding
Funds holding: 82 → 89 (+7)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.64% less ownership
Funds ownership: 65.82% → 61.18% (-4.6%)
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 7,596 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 8.7% from $486M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ISPY positions and 9 closed out — a net gain of 8 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 82 in Q1 2025.
- Funds reported $528M of ProShares S&P 500 High Income ETF stock for Q2 2025, up 8.7% quarter-over-quarter.
- 17 funds opened new ProShares S&P 500 High Income ETF positions in Q2 2025 and 9 closed out, a net change of +8 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.