NEOS S&P 500 High Income ETF
SPYI
235 hedge funds and large institutions have $596M invested in NEOS S&P 500 High Income ETF in 2025 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 121 increasing their positions, 34 reducing their positions, and 19 closing their positions.
256% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 34
232% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 19
35% more capital invested
Capital invested by funds: $442M → $596M (+$154M)
22% more funds holding
Funds holding: 193 → 235 (+42)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.24% more ownership
Funds ownership: 14.39% → 14.63% (+0.24%)
51% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $5.62M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$25.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$15.5M |
| 3 |
Two Sigma Investments
New York
|
+$9.91M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.88M |
| 5 |
CWA
Cascade Wealth Advisors
Wenatchee,
Washington
|
+$4.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAA
American Alpha Advisors
New York
|
-$4.24M |
| 2 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$3.91M |
| 3 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$2.82M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.29M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$2.14M |
SPYI Hedge Fund Activity: Q2 2025 in Review
235 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in NEOS S&P 500 High Income ETF (SPYI) for Q2 2025, worth a combined $596M — up 35% from $442M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new SPYI positions and 19 closed out — a net gain of 44 holders — while 121 added to existing stakes and 34 trimmed.
The largest buyer was LPL Financial, adding an estimated $25.6M. The largest seller was American Alpha Advisors, exiting entirely with an estimated $4.24M sold.
- 235 institutional investors held NEOS S&P 500 High Income ETF (SPYI) as of Q2 2025, up from 193 in Q1 2025.
- Funds reported $596M of NEOS S&P 500 High Income ETF stock for Q2 2025, up 35% quarter-over-quarter.
- 63 funds opened new NEOS S&P 500 High Income ETF positions in Q2 2025 and 19 closed out, a net change of +44 holders.
- The largest NEOS S&P 500 High Income ETF buyer in Q2 2025 was LPL Financial, an estimated $25.6M added.
- The largest NEOS S&P 500 High Income ETF seller in Q2 2025 was American Alpha Advisors, an estimated $4.24M sold.
Based on aggregated 13F filings for Q2 2025.