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NEOS S&P 500 High Income ETF

193 hedge funds and large institutions have $442M invested in NEOS S&P 500 High Income ETF in 2025 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 94 increasing their positions, 39 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

159% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 17

141% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 39

14% more funds holding

Funds holding: 169193 (+24)

0% more capital invested

Capital invested by funds: $441M → $442M (+$1.45M)

2.47% less ownership

Funds ownership: 16.86%14.39% (-2.5%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

60% less call options, than puts

Call options by funds: $1.52M | Put options by funds: $3.84M

Holders
193
Holders Change
+24
Holders Change %
+14.2%
% of All Funds
2.59%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
44
Increased
94
Reduced
39
Closed
17
Calls
$1.52M
Puts
$3.84M
Net Calls
-$2.32M
Net Calls Change
-$3.44M
Name Holding Trade Value Shares
Change
Change in
Stake
GI
1
Gradient Investments
Minnesota
$78.6M -$28.5M -563,112 -26%
LPL Financial
2
LPL Financial
California
$61.8M +$23.2M +458,785 +55%
Stifel Financial
3
Stifel Financial
Missouri
$26.1M +$2.15M +42,594 +8%
SHFP
4
Second Half Financial Partners
Florida
$19.5M -$2.35M -46,585 -10%
PAG
5
Private Advisor Group
New Jersey
$18M -$14.5M -287,873 -43%
CWA
6
Cascade Wealth Advisors
Washington
$12.3M +$5.91M +116,972 +78%
MML Investors Services
7
MML Investors Services
Massachusetts
$9.89M +$1.65M +32,749 +19%
IAIM
8
International Assets Investment Management
Florida
$7.44M -$77.2K -1,527 -1%
UBS Group
9
UBS Group
Switzerland
$6.06M +$1.58M +31,309 +33%
BFA
10
Brown Financial Advisors
Ohio
$5.89M -$3.8M -75,182 -38%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$5.68M +$762K +15,084 +15%
MFS
12
Mattson Financial Services
Michigan
$5.4M -$2.8M -55,487 -33%
AFP
13
Ausdal Financial Partners
Iowa
$5M +$5.28M +104,482 New
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$4.43M +$1.74M +34,396 +59%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$4.3M +$1.16M +23,030 +35%
AAA
16
American Alpha Advisors
New York
$4.24M +$4.48M +88,596 New
BCI
17
Brinker Capital Investments
Pennsylvania
$4.05M +$177K +3,496 +4%
OPS
18
Orion Portfolio Solutions
Nebraska
$4.05M +$177K +3,496 +4%
3AM
19
3EDGE Asset Management
Florida
$3.91M +$4.12M +81,613 New
SCM
20
Steele Capital Management
Iowa
$3.9M +$2.62M +51,900 +176%
DIM
21
Delta Investment Management
California
$3.54M +$1.13M +22,395 +43%
MS
22
Madden Securities
Texas
$3.49M +$3.68M +72,885 New
KAS
23
Kestra Advisory Services
Texas
$3.49M +$1.84M +36,348 +100%
IFG
24
Independent Financial Group
California
$3.46M +$2.66M +52,613 +268%
Wealth Enhancement Advisory Services
25
Wealth Enhancement Advisory Services
Minnesota
$3.45M +$2.96M +58,530 +433%

SPYI Hedge Fund Activity: Q1 2025 in Review

193 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in NEOS S&P 500 High Income ETF (SPYI) for Q1 2025, worth a combined $442M — up 0.33% from $441M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new SPYI positions and 17 closed out — a net gain of 27 holders — while 94 added to existing stakes and 39 trimmed.

The largest buyer was LPL Financial, adding an estimated $23.2M. The largest seller was Gradient Investments, cutting an estimated $28.5M.

  • 193 institutional investors held NEOS S&P 500 High Income ETF (SPYI) as of Q1 2025, up from 169 in Q4 2024.
  • Funds reported $442M of NEOS S&P 500 High Income ETF stock for Q1 2025, up 0.33% quarter-over-quarter.
  • 44 funds opened new NEOS S&P 500 High Income ETF positions in Q1 2025 and 17 closed out, a net change of +27 holders.
  • The largest NEOS S&P 500 High Income ETF buyer in Q1 2025 was LPL Financial, an estimated $23.2M added.
  • The largest NEOS S&P 500 High Income ETF seller in Q1 2025 was Gradient Investments, an estimated $28.5M sold.

Based on aggregated 13F filings for Q1 2025.