Dynamical instabilities due to spin-mixing collisions in a $^{87}$Rb F=1 spinor Bose-Einstein condensate are used as an amplifier of quantum spin fluctuations. We demonstrate the spectrum of this amplifier to be tunable, in quantitative agreement wit
h mean-field calculations. We quantify the microscopic spin fluctuations of the initially paramagnetic condensate by applying this amplifier and measuring the resulting macroscopic magnetization. The magnitude of these fluctuations is consistent with predictions of a beyond-mean-field theory. The spinor-condensate-based spin amplifier is thus shown to be nearly quantum-limited at a gain as high as 30 dB.
