Wahed FTSE USA Shariah ETF
HLAL
42 hedge funds and large institutions have $24.2M invested in Wahed FTSE USA Shariah ETF in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 5 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
0% more funds holding
Funds holding: 42 → 42 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.62% less ownership
Funds ownership: 4.99% → 4.36% (-0.62%)
16% less capital invested
Capital invested by funds: $28.7M → $24.2M (-$4.59M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$2.48M |
| 2 |
Goldman Sachs
New York
|
+$2.17M |
| 3 |
Financial Engines Advisors
Santa Clara,
California
|
+$263K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$243K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$4.45M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.24M |
| 3 |
Jane Street
New York
|
-$888K |
| 4 |
CCC
Compass Capital Corp
Braintree,
Massachusetts
|
-$381K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$303K |
HLAL Hedge Fund Activity: Q1 2025 in Review
42 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q1 2025, worth a combined $24.2M — down 16% from $28.7M a quarter earlier.
Fund positioning in HLAL was balanced in Q1 2025: 5 funds opened new positions, 5 closed out, 16 added to existing stakes and 13 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $2.48M. The largest seller was RFG Advisory, cutting an estimated $4.45M.
- 42 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q1 2025, unchanged from Q4 2024.
- Funds reported $24.2M of Wahed FTSE USA Shariah ETF stock for Q1 2025, down 16% quarter-over-quarter.
- 5 funds opened new Wahed FTSE USA Shariah ETF positions in Q1 2025 and 5 closed out, a net change of 0 holders.
- The largest Wahed FTSE USA Shariah ETF buyer in Q1 2025 was Two Sigma Investments, an estimated $2.48M added.
- The largest Wahed FTSE USA Shariah ETF seller in Q1 2025 was RFG Advisory, an estimated $4.45M sold.
Based on aggregated 13F filings for Q1 2025.