Vault-13

NEOS ETF TRUST SPYI

NEOS S&P 500 HI · ETP · CUSIP 78433H303

297 institutional holders +61 vs Q2 2025
16,946,83516.9m shares reported held*
$886.2mreported value*
78 new 150 added 44 reduced 14 sold out net bought ≈ $258.8m (+4.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $52.29. Options: 4 managers hold calls ($10.6m notional), 3 hold puts ($8.6m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 2Q4 22: 4Q1 23: 4Q2 23: 15Q3 23: 30Q4 23: 62Q1 24: 84Q2 24: 112Q3 24: 136Q4 24: 170Q1 25: 194Q2 25: 236Q3 25: 297297Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 20222
Q4 20224
Q1 20234
Q2 202315
Q3 202330
Q4 202362
Q1 202484
Q2 2024112
Q3 2024136
Q4 2024170
Q1 2025194
Q2 2025236
Q3 2025297

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 23: 49 bought or addedQ4 23: 9 cut or sold outQ1 24: 64 bought or addedQ1 24: 14 cut or sold outQ1 24Q2 24: 91 bought or addedQ2 24: 18 cut or sold outQ3 24: 105 bought or addedQ3 24: 32 cut or sold outQ3 24Q4 24: 127 bought or addedQ4 24: 31 cut or sold outQ1 25: 137 bought or addedQ1 25: 56 cut or sold outQ1 25Q2 25: 182 bought or addedQ2 25: 52 cut or sold outQ3 25: 228 bought or addedQ3 25: 58 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023499
Q1 20246414
Q2 20249118
Q3 202410532
Q4 202412731
Q1 202513756
Q2 202518252
Q3 202522858

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ4 24 calls: $2.8mQ4 24 puts: $1.5mQ4 24P/C 0.55Q1 25 calls: $2.9mQ1 25 puts: $3.8mQ1 25P/C 1.31Q2 25 calls: $6.4mQ2 25 puts: $5.6mQ2 25P/C 0.88Q3 25 calls: $10.6mQ3 25 puts: $8.6mQ3 25P/C 0.81
Numbers
QuarterCallsPutsP/C
Q4 2024$2.8m$1.5m0.55
Q1 2025$2.9m$3.8m1.31
Q2 2025$6.4m$5.6m0.88
Q3 2025$10.6m$8.6m0.81

Biggest buyers

LPL Financial LLC Added +478,672+478.7k
Howard Capital Management, LLC New +411,886+411.9k
Merit Financial Group, LLC New +409,522+409.5k
MML INVESTORS SERVICES, LLC Added +344,428+344.4k
ENVESTNET ASSET MANAGEMENT INC Added +266,635+266.6k
MADDEN SECURITIES Corp Added +236,835+236.8k
ROYAL BANK OF CANADA Added +186,250+186.2k
UBS Group AG Added +144,511+144.5k
Cetera Investment Advisers Added +131,828+131.8k
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC New +129,994+130.0k

Biggest sellers

NATIONS FINANCIAL GROUP INC, /IA/ /ADV Sold out -62,305-62.3k
Cascade Wealth Advisors, Inc Reduced -46,990-47.0k
Rockefeller Capital Management L.P. Reduced -42,303-42.3k
CITADEL ADVISORS LLC Reduced -32,169-32.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -21,543-21.5k
Fortress Wealth Management, Inc. Reduced -18,644-18.6k
Independent Advisor Alliance Reduced -15,901-15.9k
Leo Wealth, LLC Sold out -9,799-9.8k
PNC Financial Services Group, Inc. Reduced -9,500-9.5k
READYSTATE ASSET MANAGEMENT LP Reduced -9,088-9.1k

Biggest calls

CITADEL ADVISORS LLC Added $5.1m97.8k shares
GROUP ONE TRADING LLC Reduced $2.0m37.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $2.0m37.5k shares
WOLVERINE TRADING, LLC Added $1.6m29.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $4.6m87.3k shares
CITADEL ADVISORS LLC Reduced $2.8m53.0k shares
WOLVERINE TRADING, LLC Added $1.3m24.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 2,300,6532.3m $120.3m $120.3m 0.04% Added +478.7k +478,672
2 Gradient Investments LLC 1.53% of their portfolio ARDEN HILLS, MN 1,752,9711.8m $91.7m $91.7m 1.53% Added +84.0k +83,988
3 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 611,938611.9k $32.0m $32.0m 0.03% Added +44.7k +44,691
4 UBS Group AG 0.01% of their portfolio ZURICH, V8 592,650592.6k $31.0m $31.0m 0.01% Added +144.5k +144,511
5 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 574,751574.8k $30.1m $30.1m 0.08% Added +344.4k +344,428
6 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 513,440513.4k $26.9m $26.9m 0.00% Added +186.2k +186,250
7 Private Advisor Group, LLC 0.12% of their portfolio MORRISTOWN, NJ 470,511470.5k $24.6m $24.6m 0.12% Added +44.1k +44,087
8 Howard Capital Management, LLC 0.28% of their portfolio Alpharetta, GA 411,886411.9k $21.5m $21.5m 0.28% New
9 Merit Financial Group, LLC 0.20% of their portfolio ALPHARETTA, GA 409,522409.5k $21.4m $21.4m 0.20% New
10 Second Half Financial Partners, LLC 9.33% of their portfolio SEBRING, FL 404,802404.8k $21.2m $21.2m 9.33% Reduced -5.0k -5,004
11 MADDEN SECURITIES Corp 5.64% of their portfolio DALLAS, TX 352,855352.9k $18.5m $18.5m 5.64% Added +236.8k +236,835
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 352,525352.5k $18.4m $18.4m 0.01% Added +266.6k +266,635
13 Cascade Wealth Advisors, Inc 8.34% of their portfolio WENATCHEE, WA 320,430320.4k $16.9m $16.9m 8.34% Reduced -47.0k -46,990
14 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 311,500311.5k $16.3m $16.3m 0.03% Added +105.4k +105,400
15 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 275,218275.2k $14.4m $14.4m 0.02% Added +131.8k +131,828
16 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 183,137183.1k $9.6m $9.6m 0.04% Added +25.2k +25,235
17 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.70% of their portfolio ORLANDO, FL 173,040173.0k $8.7m $8.7m 0.70% Added +8.7k +8,660
18 Ausdal Financial Partners, Inc. 0.42% of their portfolio Davenport, IA 166,492166.5k $8.7m $8.7m 0.42% Added +18.8k +18,830
19 INDEPENDENT FINANCIAL GROUP, LLC 0.21% of their portfolio SAN DIEGO, CA 164,702164.7k $8.6m $8.6m 0.21% Added +22.6k +22,638
20 Stratos Wealth Partners, LTD. 0.10% of their portfolio BEACHWOOD, OH 159,777159.8k $8.4m $8.4m 0.10% Added +65.9k +65,949
21 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 1.32% of their portfolio LEAWOOD, KS 129,994130.0k $6.8m $6.8m 1.32% New
22 Steele Capital Management, Inc. 0.29% of their portfolio DUBUQUE, IA 126,005126.0k $6.6m $6.6m 0.29% Added +33.1k +33,145
23 Delta Investment Management, LLC 1.15% of their portfolio SAN FRANCISCO, CA 122,925122.9k $6.4m $6.4m 1.15% Added +45.4k +45,419
24 Brown Financial Advisors 2.34% of their portfolio MILFORD, OH 120,880120.9k $6.3m $6.3m 2.34% Added +25 +25
25 Aventura Private Wealth, LLC 2.29% of their portfolio AVENTURA, FL 118,629118.6k $6.2m $6.2m 2.29% New
26 Mattson Financial Services, LLC 1.48% of their portfolio KENTWOOD, MI 118,511118.5k $6.2m $6.2m 1.48% Added +5.3k +5,296
27 RiverTree Advisors, LLC 3.84% of their portfolio WINTER PARK, FL 114,543114.5k $6.0m $6.0m 3.84% Added +11.3k +11,340
28 Summit Financial, LLC 0.09% of their portfolio PARSIPPANY, NJ 107,067107.1k $5.6m $5.6m 0.09% New
29 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 106,271106.3k $5.6m $5.6m 0.01% Added +2.6k +2,571
30 Palacios Wealth Management, LLC 3.64% of their portfolio ORMOND BEACH, FL 105,636105.6k $5.5m $5.5m 3.64% Added +41.7k +41,676
31 Teamwork Financial Advisors, LLC 0.59% of their portfolio San Antonio, TX 103,098103.1k $5.4m $5.4m 0.59% Added +14.9k +14,886
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 102,091102.1k $5.4m $5.4m 0.01% Added +13.8k +13,774
33 Capital Investment Advisory Services, LLC 0.42% of their portfolio RALEIGH, NC 100,506100.5k $5.3m $5.3m 0.42% Added +28.7k +28,681
34 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 100,315100.3k $5.2m $5.2m 0.01% Added +24.1k +24,104
35 Chung Wu Investment Group, LLC 4.28% of their portfolio SUGAR LAND, TX 98,23098.2k $5.1m $5.1m 4.28% Added +97.9k +97,930
36 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 92,88292.9k $4.9m $4.9m 0.04% Added +2.8k +2,840
37 READYSTATE ASSET MANAGEMENT LP 0.23% of their portfolio CHICAGO, IL 89,40889.4k $4.7m $4.7m 0.23% Reduced -9.1k -9,088
38 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 88,98289.0k $4.7m $4.7m 0.00% Added +73.4k +73,386
39 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 86,00486.0k $4.5m $4.5m 0.01% Added +40.2k +40,245
40 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 83,49283.5k $4.4m $4.4m 0.01% New
41 StoneCrest Wealth Management, Inc. 1.87% of their portfolio CHANDLER, AZ 81,52781.5k $4.3m $4.3m 1.87% Added +2.2k +2,206
42 Fortis Group Advisors, LLC 0.66% of their portfolio WESTWOOD, NJ 72,11372.1k $3.8m $3.8m 0.66% New
43 Legacy Capital Wealth Partners, LLC 0.82% of their portfolio LITTLE ROCK, AR 71,93471.9k $3.8m $3.8m 0.82% Added +42.7k +42,744
44 Waverly Advisors, LLC 0.04% of their portfolio BIRMINGHAM, AL 71,11071.1k $3.7m $3.7m 0.04% Added +1.5k +1,548
45 IFG Advisory, LLC 0.16% of their portfolio ATLANTA, GA 66,73466.7k $3.5m $3.5m 0.16% Added +1.7k +1,711
46 RFG Advisory, LLC 0.07% of their portfolio BIRMINGHAM, AL 64,83464.8k $3.4m $3.4m 0.07% Added +26.2k +26,159
47 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 63,05763.1k $3.3m $3.3m 0.00% Reduced -21.5k -21,543
48 NFSG Corp 0.49% of their portfolio BOCA RATON, FL 62,99663.0k $3.3m $3.3m 0.49% Added +2.4k +2,357
49 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 62,34662.3k $3.3m $3.3m 0.00% Added +61.9k +61,870
50 Guardian Financial Partners, LLC 1.37% of their portfolio ORANGE, CA 62,11262.1k $3.2m $3.2m 1.37% Added +9.7k +9,711
51 Garden State Investment Advisory Services LLC 0.82% of their portfolio Red Bank, NJ 61,86261.9k $3.2m $3.2m 0.82% Added +11.3k +11,343
52 PFG Investments, LLC 0.17% of their portfolio WOODBURY, NY 61,51061.5k $3.2m $3.2m 0.17% Reduced -3.3k -3,289
53 J.W. COLE ADVISORS, INC. 0.06% of their portfolio TAMPA, FL 61,48061.5k $3.2m $3.2m 0.06% Added +33.8k +33,761
54 Belpointe Asset Management LLC 0.12% of their portfolio RENO, NV 59,57359.6k $3.1m $3.1m 0.12% Added +46.8k +46,837
55 CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC 0.95% of their portfolio Phoenix, AZ 58,56258.6k $3.1m $3.1m 0.95% Added +38.6k +38,572
56 High Net Worth Advisory Group LLC 0.73% of their portfolio NAPLES, FL 57,90557.9k $3.0m $3.0m 0.73% Added +4.1k +4,067
57 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 57,43957.4k $3.0m $3.0m 0.05% Added +35.4k +35,381
58 HBW ADVISORY SERVICES LLC 0.33% of their portfolio SIMI VALLEY, CA 56,07056.1k $2.9m $2.9m 0.33% Added +18.2k +18,248
59 Perennial Investment Advisors, LLC 0.24% of their portfolio Los Angeles, CA 54,71454.7k $2.9m $2.9m 0.24% Added +7.5k +7,462
60 Mutual Advisors, LLC 0.06% of their portfolio OMAHA, NE 54,11654.1k $2.8m $2.8m 0.06% Added +14.9k +14,899
61 Triumph Capital Management 0.74% of their portfolio DENVER, CO 52,60152.6k $2.8m $2.8m 0.74% Added +36.1k +36,054
62 Arete Wealth Advisors, LLC 0.17% of their portfolio CHICAGO, IL 51,71051.7k $2.7m $2.7m 0.17% Added +16.0k +15,996
63 SMITH, MOORE & CO. 0.20% of their portfolio CLAYTON, MO 50,06150.1k $2.6m $2.6m 0.20% Added +1.9k +1,885
64 Apollon Wealth Management, LLC 0.05% of their portfolio MOUNT PLEASANT, SC 48,66648.7k $2.5m $2.5m 0.05% Added +3.7k +3,664
65 UNIQUE WEALTH, LLC 0.37% of their portfolio TAMPA, FL 48,29548.3k $2.5m $2.5m 0.37% Added +10.4k +10,397
66 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 47,78047.8k $2.5m $2.5m 0.00% Added +6.7k +6,675
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 46,48346.5k $2.4m $2.4m 0.00% Added +3.8k +3,835
68 Mariner, LLC 0.00% of their portfolio Overland Park, KS 46,46546.5k $2.4m $2.4m 0.00% Added +9.9k +9,920
69 3EDGE Asset Management, LP 0.14% of their portfolio Naples, FL 46,07646.1k $2.4m $2.4m 0.14% New
70 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 46,00346.0k $2.4m $2.4m 0.03% Added +18.5k +18,538
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 44,96945.0k $2.4m $2.4m 0.00% Reduced -32.2k -32,169
72 Owen LaRue, LLC 0.86% of their portfolio ELIZABETHTOWN, KY 41,95242.0k $2.2m $2.2m 0.86% Added +801 +801
73 FSA Advisors, Inc. 1.73% of their portfolio TROY, MI 41,81141.8k $2.2m $2.2m 1.73% Added +6.4k +6,369
74 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 40,91440.9k $2.1m $2.1m 0.00% Added +15.4k +15,365
75 Gainplan LLC 0.89% of their portfolio BLOOMFIELD HILLS, MI 39,95640.0k $2.1m $2.1m 0.89% Added +479 +479
76 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 39,62339.6k $2.1m $2.1m 0.00% Reduced -42.3k -42,303
77 Aptus Capital Advisors, LLC 0.02% of their portfolio FAIRHOPE, AL 39,43339.4k $2.1m $2.1m 0.02% Reduced -1.5k -1,537
78 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 39,16639.2k $2.0m $2.0m 0.01% Added +1.2k +1,166
79 U.S. Capital Wealth Advisors, LLC 0.05% of their portfolio AUSTIN, TX 38,24238.2k $2.0m $2.0m 0.05% Added +1.0k +1,030
80 CASCADE INVESTMENT GROUP, INC. 1.28% of their portfolio Colorado Springs, CO 37,07537.1k $1.9m $1.9m 1.28% Added +30 +30
81 MILESTONE ASSET MANAGEMENT, LLC 0.35% of their portfolio PITTSBURGH, PA 35,14835.1k $1.8m $1.8m 0.35% Added +11.0k +10,991
82 Kaizen Financial Strategies 0.83% of their portfolio CAMPBELL, CA 35,04935.0k $1.8m $1.8m 0.83% New
83 Paladin Wealth, LLC 1.32% of their portfolio ARDEN HILLS, MN 34,68634.7k $1.8m $1.8m 1.32% Added +2.4k +2,448
84 Moloney Securities Asset Management, LLC 0.21% of their portfolio MANCHESTER, MO 34,36734.4k $1.8m $1.8m 0.21% Added +379 +379
85 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 32,18832.2k $1.7m $1.7m 0.01% New
86 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 31,86231.9k $1.7m $1.7m 0.00% Added +17.9k +17,862
87 Independent Advisor Alliance 0.04% of their portfolio CHARLOTTE, NC 31,80331.8k $1.7m $1.7m 0.04% Reduced -15.9k -15,901
88 Astoria Portfolio Advisors LLC. 0.44% of their portfolio NEW YORK, NY 31,79831.8k $1.7m $1.7m 0.44% Added +4.5k +4,535
89 Grantvest Financial Group LLC 1.15% of their portfolio MATAWAN, NJ 31,72931.7k $1.7m $1.7m 1.15% Added +2.4k +2,362
90 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 30,20530.2k $1.6m $1.6m 0.01% Added +1.1k +1,120
91 A4 Wealth Advisors LLC 1.30% of their portfolio HUNTERSVILLE, NC 29,48029.5k $1.5m $1.5m 1.30% First filing
92 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 29,28929.3k $1.5m $1.5m 0.04% Added +1.2k +1,165
93 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 28,63428.6k $1.5m $1.5m 0.02% Added +24.0k +24,040
94 Alpha Financial Partners LLC 0.97% of their portfolio LEXINGTON, KY 28,44728.4k $1.5m $1.5m 0.97% Added +18.3k +18,346
95 BROWN, LISLE/CUMMINGS, INC. 0.38% of their portfolio PROVIDENCE, RI 28,20028.2k $1.5m $1.5m 0.38% Reduced -975 -975
96 BlueStem Wealth Partners, LLC 0.17% of their portfolio MINNETONKA, MN 28,13328.1k $1.5m $1.5m 0.17% Added +6.8k +6,775
97 LEVEL FOUR ADVISORY SERVICES, LLC 0.05% of their portfolio DALLAS, TX 26,99827.0k $1.4m $1.4m 0.05% Added +6.4k +6,402
98 CAP Partners, LLC 0.80% of their portfolio FRANKLIN, TN 26,98427.0k $1.4m $1.4m 0.80% Added +1.6k +1,590
99 PDS Planning, Inc 0.10% of their portfolio DUBLIN, OH 26,92826.9k $1.4m $1.4m 0.10% Added +2.1k +2,123
100 Centennial Bank/AR/ 0.54% of their portfolio CONWAY, AR 26,32126.3k $1.4m $1.4m 0.54% Added +7.0k +7,032