NEOS S&P 500 High Income ETF
SPYI
194 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, 40 reducing their positions, and 17 closing their positions.
159% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 17
135% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 40
35% more capital inflows, than outflows
Capital inflows: $113M | Capital outflows: $83.6M
14% more funds holding
Funds holding: 170 → 194 (+24)
2.47% less ownership
Funds ownership: 16.87% → 14.4% (-2.5%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
60% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $3.84M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$23.2M |
| 2 |
Cascade Wealth Advisors
Wenatchee,
Washington
|
+$5.91M |
| 3 |
Ausdal Financial Partners
Davenport,
Iowa
|
+$5.28M |
| 4 |
AAA
American Alpha Advisors
New York
|
+$4.48M |
| 5 |
3EDGE Asset Management
Naples,
Florida
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gradient Investments
Arden Hills,
Minnesota
|
-$28.5M |
| 2 |
Private Advisor Group
Morristown,
New Jersey
|
-$14.5M |
| 3 |
Renaissance Technologies
New York
|
-$8.74M |
| 4 |
Crescent Grove Advisors
Lake Forest,
Illinois
|
-$5.2M |
| 5 |
Brown Financial Advisors
Milford,
Ohio
|
-$3.8M |
SPYI Hedge Fund Activity: Q1 2025 in Review
194 of the 7,486 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 0.34% 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 40 trimmed.
The largest buyer was LPL Financial, adding an estimated $23.2M. The largest seller was Gradient Investments, cutting an estimated $28.5M.
- 194 institutional investors held NEOS S&P 500 High Income ETF (SPYI) as of Q1 2025, up from 170 in Q4 2024.
- Funds reported $442M of NEOS S&P 500 High Income ETF stock for Q1 2025, up 0.34% 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.