Wahed FTSE USA Shariah ETF
HLAL
17 hedge funds and large institutions have $3.77M invested in Wahed FTSE USA Shariah ETF in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1.51% less ownership
Funds ownership: 3.52% → 2.01% (-1.5%)
6% less funds holding
Funds holding: 18 → 17 (-1)
77% less capital inflows, than outflows
Capital inflows: $553K | Capital outflows: $2.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$297K |
| 2 |
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$120K |
| 3 |
Kaizen Financial Strategies
Campbell,
California
|
+$44K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$40.8K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$23.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Azzad Asset Management
Falls Church,
Virginia
|
-$949K |
| 2 |
Mission Wealth Management
Santa Barbara,
California
|
-$538K |
| 3 |
Tower Research Capital (TRC)
New York
|
-$507K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$282K |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$72.4K |
HLAL Hedge Fund Activity: Q4 2022 in Review
17 of the 6,243 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q4 2022, worth a combined $3.77M — down 30% from $5.39M a quarter earlier.
Fund positioning in HLAL was balanced in Q4 2022: 3 funds opened new positions, 3 closed out, 6 added to existing stakes and 3 trimmed.
The largest buyer was Apollon Wealth Management, opening a new position worth an estimated $297K. The largest seller was Azzad Asset Management, exiting entirely with an estimated $949K sold.
- 17 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q4 2022, down from 18 in Q3 2022.
- Funds reported $3.77M of Wahed FTSE USA Shariah ETF stock for Q4 2022, down 30% quarter-over-quarter.
- 3 funds opened new Wahed FTSE USA Shariah ETF positions in Q4 2022 and 3 closed out, a net change of 0 holders.
- The largest Wahed FTSE USA Shariah ETF buyer in Q4 2022 was Apollon Wealth Management, an estimated $297K added.
- The largest Wahed FTSE USA Shariah ETF seller in Q4 2022 was Azzad Asset Management, an estimated $949K sold.
Based on aggregated 13F filings for Q4 2022.