NEOS S&P 500 High Income ETF
SPYI
352 hedge funds and large institutions have $1.16B invested in NEOS S&P 500 High Income ETF in 2025 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 194 increasing their positions, 42 reducing their positions, and 26 closing their positions.
362% more repeat investments, than reductions
Existing positions increased: 194 | Existing positions reduced: 42
227% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 26
72% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $9.07M
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
31% more capital invested
Capital invested by funds: $884M → $1.16B (+$275M)
19% more funds holding
Funds holding: 297 → 352 (+55)
0.49% more ownership
Funds ownership: 16.54% → 17.04% (+0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$44.1M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$24.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$21.7M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$18.7M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$14.4M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$5.37M |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$4.68M |
| 4 |
Jane Street
New York
|
-$4.38M |
| 5 |
PWM
Palacios Wealth Management
Ormond Beach,
Florida
|
-$2.77M |
SPYI Hedge Fund Activity: Q4 2025 in Review
352 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in NEOS S&P 500 High Income ETF (SPYI) for Q4 2025, worth a combined $1.16B — up 31% from $884M a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SPYI positions and 26 closed out — a net gain of 59 holders — while 194 added to existing stakes and 42 trimmed.
The largest buyer was LPL Financial, adding an estimated $44.1M. The largest seller was Two Sigma Investments, cutting an estimated $14.4M.
- 352 institutional investors held NEOS S&P 500 High Income ETF (SPYI) as of Q4 2025, up from 297 in Q3 2025.
- Funds reported $1.16B of NEOS S&P 500 High Income ETF stock for Q4 2025, up 31% quarter-over-quarter.
- 85 funds opened new NEOS S&P 500 High Income ETF positions in Q4 2025 and 26 closed out, a net change of +59 holders.
- The largest NEOS S&P 500 High Income ETF buyer in Q4 2025 was LPL Financial, an estimated $44.1M added.
- The largest NEOS S&P 500 High Income ETF seller in Q4 2025 was Two Sigma Investments, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2025.