Wahed FTSE USA Shariah ETF
HLAL
27 hedge funds and large institutions have $9.46M invested in Wahed FTSE USA Shariah ETF in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
6% more capital invested
Capital invested by funds: $8.91M → $9.46M (+$549K)
0.24% less ownership
Funds ownership: 2.99% → 2.75% (-0.24%)
4% less funds holding
Funds holding: 28 → 27 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$580K |
| 2 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$508K |
| 3 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$491K |
| 4 |
Two Sigma Investments
New York
|
+$211K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$1.38M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$556K |
| 3 |
LCGC
Legacy Capital Group California
Los Gatos,
California
|
-$484K |
| 4 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
-$227K |
| 5 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
-$7.14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $13.8K | +$6.54K | +152 | +101% |
|
|
LFG
27
Larson Financial Group
St Louis,
Missouri
| $5.91K | – | – | – |
|
28
Wells Fargo
San Francisco,
California
| $13 | -$43 | -1 | Closed |
|
|
FEM
29
Fulcrum Equity Management
Plano,
Texas
| – | -$1.38M | -33,247 | Closed |
|
|
LCGC
30
Legacy Capital Group California
Los Gatos,
California
| – | -$484K | -11,676 | Closed |
|
|
LWM
31
Laidlaw Wealth Management
New York City,
New York
| – | -$227K | -5,473 | Closed |
|
HLAL Hedge Fund Activity: Q4 2023 in Review
27 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q4 2023, worth a combined $9.46M — up 6.2% from $8.91M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of HLAL and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $580K. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $1.38M sold.
- 27 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q4 2023, down from 28 in Q3 2023.
- Funds reported $9.46M of Wahed FTSE USA Shariah ETF stock for Q4 2023, up 6.2% quarter-over-quarter.
- 3 funds opened new Wahed FTSE USA Shariah ETF positions in Q4 2023 and 4 closed out, a net change of -1 holder.
- The largest Wahed FTSE USA Shariah ETF buyer in Q4 2023 was Susquehanna International Group, an estimated $580K added.
- The largest Wahed FTSE USA Shariah ETF seller in Q4 2023 was Fulcrum Equity Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2023.