Wahed FTSE USA Shariah ETF
HLAL
9 hedge funds and large institutions have $2.45M invested in Wahed FTSE USA Shariah ETF in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
59% more capital invested
Capital invested by funds: $1.54M → $2.45M (+$910K)
29% more funds holding
Funds holding: 7 → 9 (+2)
0.45% more ownership
Funds ownership: 2.27% → 2.72% (+0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMBTD
First Midwest Bank Trust Division
Joliet,
Illinois
|
+$310K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$265K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$197K |
| 4 |
PCFFS
Pacific Center for Financial Services
San Ramon,
California
|
+$33.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Azzad Asset Management
Falls Church,
Virginia
|
-$348 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
1
Azzad Asset Management
Falls Church,
Virginia
| $1.16M | -$348 | -10 | -0% |
|
|
FMBTD
2
First Midwest Bank Trust Division
Joliet,
Illinois
| $314K | +$310K | +8,900 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $269K | +$265K | +7,617 | New |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $249K | +$197K | +5,662 | +406% |
|
5
1832 Asset Management
Toronto,
Ontario, Canada
| $231K | – | – | – |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $126K | +$28.8K | +829 | +30% |
|
7
Osaic Holdings
Scottsdale,
Arizona
| $64K | +$313 | +9 | +0.5% |
|
|
PCFFS
8
Pacific Center for Financial Services
San Ramon,
California
| $34K | +$33.8K | +972 | New |
|
HLAL Hedge Fund Activity: Q1 2021 in Review
9 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q1 2021, worth a combined $2.45M — up 59% from $1.54M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new HLAL positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was First Midwest Bank Trust Division, opening a new position worth an estimated $310K. The largest seller was Azzad Asset Management, cutting an estimated $348.
- 9 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q1 2021, up from 7 in Q4 2020.
- Funds reported $2.45M of Wahed FTSE USA Shariah ETF stock for Q1 2021, up 59% quarter-over-quarter.
- 3 funds opened new Wahed FTSE USA Shariah ETF positions in Q1 2021 and 1 closed out, a net change of +2 holders.
- The largest Wahed FTSE USA Shariah ETF buyer in Q1 2021 was First Midwest Bank Trust Division, an estimated $310K added.
- The largest Wahed FTSE USA Shariah ETF seller in Q1 2021 was Azzad Asset Management, an estimated $348 sold.
Based on aggregated 13F filings for Q1 2021.