Wahed FTSE USA Shariah ETF
HLAL
28 hedge funds and large institutions have $8.91M invested in Wahed FTSE USA Shariah ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4% more funds holding
Funds holding: 27 → 28 (+1)
0.45% less ownership
Funds ownership: 3.44% → 2.99% (-0.45%)
6% less capital invested
Capital invested by funds: $9.45M → $8.91M (-$546K)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$744K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$651K |
| 3 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$278K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$250K |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$64.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$454K |
| 2 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$452K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$358K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$284K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$219K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $6.22K | – | – | – |
|
|
LFG
27
Larson Financial Group
St Louis,
Missouri
| $5.39K | – | – | – |
|
28
Wells Fargo
San Francisco,
California
| $41 | – | – | – |
|
|
29
Jane Street
New York
| – | -$454K | -10,619 | Closed |
|
|
TSS
30
Two Sigma Securities
New York
| – | -$219K | -5,119 | Closed |
|
|
2L
31
25 LLC
St. Louis,
Missouri
| – | -$3.81K | -88 | Closed |
|
HLAL Hedge Fund Activity: Q3 2023 in Review
28 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q3 2023, worth a combined $8.91M — down 5.8% from $9.45M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HLAL positions and 3 closed out — a net gain of 1 holder — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Sequoia Financial Advisors, opening a new position worth an estimated $744K. The largest seller was Jane Street, exiting entirely with an estimated $454K sold.
- 28 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q3 2023, up from 27 in Q2 2023.
- Funds reported $8.91M of Wahed FTSE USA Shariah ETF stock for Q3 2023, down 5.8% quarter-over-quarter.
- 4 funds opened new Wahed FTSE USA Shariah ETF positions in Q3 2023 and 3 closed out, a net change of +1 holder.
- The largest Wahed FTSE USA Shariah ETF buyer in Q3 2023 was Sequoia Financial Advisors, an estimated $744K added.
- The largest Wahed FTSE USA Shariah ETF seller in Q3 2023 was Jane Street, an estimated $454K sold.
Based on aggregated 13F filings for Q3 2023.