Parametric Equity Premium Income ETF
PAPI
28 hedge funds and large institutions have $235M invested in Parametric Equity Premium Income ETF in 2026 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 5 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
26% more capital invested
Capital invested by funds: $186M → $235M (+$49M)
8% more funds holding
Funds holding: 26 → 28 (+2)
1.2% less ownership
Funds ownership: 69.34% → 68.13% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.3M |
| 2 |
BWAM
Blue Water Asset Management
Grand Rapids,
Michigan
|
+$5.33M |
| 3 |
LWP
LeClair Wealth Partners
Dublin,
Ohio
|
+$5.33M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.86M |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$788K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.95M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$957K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$799K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$744K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$265K |
PAPI Hedge Fund Activity: Q1 2026 in Review
28 of the 8,199 institutional investors tracked by Wall St. Rank reported a position in Parametric Equity Premium Income ETF (PAPI) for Q1 2026, worth a combined $235M — up 26% from $186M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new PAPI positions and 5 closed out — a net gain of 4 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26.3M. The largest seller was Jane Street, exiting entirely with an estimated $1.95M sold.
- 28 institutional investors held Parametric Equity Premium Income ETF (PAPI) as of Q1 2026, up from 26 in Q4 2025.
- Funds reported $235M of Parametric Equity Premium Income ETF stock for Q1 2026, up 26% quarter-over-quarter.
- 9 funds opened new Parametric Equity Premium Income ETF positions in Q1 2026 and 5 closed out, a net change of +4 holders.
- The largest Parametric Equity Premium Income ETF buyer in Q1 2026 was Morgan Stanley, an estimated $26.3M added.
- The largest Parametric Equity Premium Income ETF seller in Q1 2026 was Jane Street, an estimated $1.95M sold.
Based on aggregated 13F filings for Q1 2026.