Wahed FTSE USA Shariah ETF
HLAL
7 hedge funds and large institutions have $2.57M invested in Wahed FTSE USA Shariah ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
110% more capital invested
Capital invested by funds: $1.23M → $2.57M (+$1.34M)
40% more funds holding
Funds holding: 5 → 7 (+2)
1.82% more ownership
Funds ownership: 3.27% → 5.09% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$658K |
| 2 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$295K |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$112K |
| 4 |
WCG
Weaver Consulting Group
Huntington Beach,
California
|
+$62.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$39.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
1
Tower Research Capital (TRC)
New York
| $1.01M | +$658K | +22,498 | +200% |
|
|
AAM
2
Azzad Asset Management
Falls Church,
Virginia
| $989K | – | – | – |
|
|
AWMS
3
Advocacy Wealth Management Services
Atlanta,
Georgia
| $304K | +$295K | +10,100 | New |
|
|
4
1832 Asset Management
Toronto,
Ontario, Canada
| $115K | +$112K | +3,815 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $83K | +$39.5K | +1,350 | +96% |
|
|
WCG
6
Weaver Consulting Group
Huntington Beach,
California
| $65K | +$62.8K | +2,150 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$4K | -163 | Closed |
|
HLAL Hedge Fund Activity: Q3 2020 in Review
7 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q3 2020, worth a combined $2.57M — up 110% from $1.23M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new HLAL positions and 1 closed out — a net gain of 2 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Tower Research Capital (TRC), adding an estimated $658K. The largest seller was UBS Group, exiting entirely with an estimated $4K sold.
- 7 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q3 2020, up from 5 in Q2 2020.
- Funds reported $2.57M of Wahed FTSE USA Shariah ETF stock for Q3 2020, up 110% quarter-over-quarter.
- 3 funds opened new Wahed FTSE USA Shariah ETF positions in Q3 2020 and 1 closed out, a net change of +2 holders.
- The largest Wahed FTSE USA Shariah ETF buyer in Q3 2020 was Tower Research Capital (TRC), an estimated $658K added.
- The largest Wahed FTSE USA Shariah ETF seller in Q3 2020 was UBS Group, an estimated $4K sold.
Based on aggregated 13F filings for Q3 2020.