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Wahed FTSE USA Shariah ETF

21 hedge funds and large institutions have $6.25M invested in Wahed FTSE USA Shariah ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 1

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

66% more capital invested

Capital invested by funds: $3.77M → $6.25M (+$2.48M)

24% more funds holding

Funds holding: 1721 (+4)

0.81% more ownership

Funds ownership: 2.01%2.82% (+0.81%)

Holders
21
Holders Change
+4
Holders Change %
+23.53%
% of All Funds
0.33%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
7
Reduced
1
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MWM
1
Mission Wealth Management
California
$1.7M +$104K +2,808 +7%
TRCT
2
Tower Research Capital (TRC)
New York
$640K +$521K +14,051 +592%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$572K +$545K +14,679 New
AWM
4
Apollon Wealth Management
South Carolina
$500K +$166K +4,482 +54%
Citadel Advisors
5
Citadel Advisors
Florida
$391K +$373K +10,043 New
TWC
6
TD Waterhouse Canada
Ontario, Canada
$353K +$11.7K +316 +4%
KFS
7
Kaizen Financial Strategies
California
$351K -$143K -3,862 -30%
WCFA
8
Walkner Condon Financial Advisors
Wisconsin
$312K
VBFG
9
Vishria Bird Financial Group
Tennessee
$234K
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$221K +$2.3K +62 +1%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$218K +$208K +5,595 New
UCFA
12
United Capital Financial Advisors
Texas
$209K +$199K +5,368 New
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$133K
FDCDDQ
14
Federation des caisses Desjardins du Quebec
Quebec, Canada
$131K
Osaic Holdings
15
Osaic Holdings
Arizona
$131K +$3.27K +88 +3%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$69.1K +$35.9K +966 +120%
PCFFS
17
Pacific Center for Financial Services
California
$38.1K +$36.3K +978 New
FCA
18
FinTrust Capital Advisors
South Carolina
$31.9K
Morgan Stanley
19
Morgan Stanley
New York
$5.85K +$5.57K +150 New
LFG
20
Larson Financial Group
Missouri
$4.05K
SFCL
21
Strengthening Families & Communities LLC
Massachusetts
$63
Wells Fargo
22
Wells Fargo
California
$37 -$37 -1 Closed
RBC
23
Romano Brothers & Co
Illinois
-$20.2K -575 Closed

HLAL Hedge Fund Activity: Q1 2023 in Review

21 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q1 2023, worth a combined $6.25M — up 66% from $3.77M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new HLAL positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 1 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $545K. The largest seller was Kaizen Financial Strategies, cutting an estimated $143K.

  • 21 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q1 2023, up from 17 in Q4 2022.
  • Funds reported $6.25M of Wahed FTSE USA Shariah ETF stock for Q1 2023, up 66% quarter-over-quarter.
  • 6 funds opened new Wahed FTSE USA Shariah ETF positions in Q1 2023 and 2 closed out, a net change of +4 holders.
  • The largest Wahed FTSE USA Shariah ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $545K added.
  • The largest Wahed FTSE USA Shariah ETF seller in Q1 2023 was Kaizen Financial Strategies, an estimated $143K sold.

Based on aggregated 13F filings for Q1 2023.