Parametric Equity Premium Income ETF
PAPI
26 hedge funds and large institutions have $186M invested in Parametric Equity Premium Income ETF in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
18% more funds holding
Funds holding: 22 → 26 (+4)
5% more capital invested
Capital invested by funds: $177M → $186M (+$9.2M)
0.97% less ownership
Funds ownership: 70.31% → 69.34% (-0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.84M |
| 2 |
Jane Street
New York
|
+$1.43M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.07M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$949K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VBA
von Borstel & Associates
The Dalles,
Oregon
|
-$2.52M |
| 2 |
LI
LRI Investments
Palm Beach Gardens,
Florida
|
-$124K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$84.6K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$69.3K |
| 5 |
PS
Principal Securities
Des Moines,
Iowa
|
-$61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Rockefeller Capital Management
New York
| $2.27K | +$2.27K | +88 | New |
|
|
VBA
27
von Borstel & Associates
The Dalles,
Oregon
| – | -$2.52M | -98,456 | Closed |
|
|
PS
28
Principal Securities
Des Moines,
Iowa
| – | -$61K | -2,340 | Closed |
|
|
CCM
29
Chilton Capital Management
Houston,
Texas
| – | -$3.91K | -150 | Closed |
|
PAPI Hedge Fund Activity: Q4 2025 in Review
26 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Parametric Equity Premium Income ETF (PAPI) for Q4 2025, worth a combined $186M — up 5.2% from $177M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new PAPI positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.84M. The largest seller was von Borstel & Associates, exiting entirely with an estimated $2.52M sold.
- 26 institutional investors held Parametric Equity Premium Income ETF (PAPI) as of Q4 2025, up from 22 in Q3 2025.
- Funds reported $186M of Parametric Equity Premium Income ETF stock for Q4 2025, up 5.2% quarter-over-quarter.
- 7 funds opened new Parametric Equity Premium Income ETF positions in Q4 2025 and 3 closed out, a net change of +4 holders.
- The largest Parametric Equity Premium Income ETF buyer in Q4 2025 was Morgan Stanley, an estimated $7.84M added.
- The largest Parametric Equity Premium Income ETF seller in Q4 2025 was von Borstel & Associates, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2025.