Wahed FTSE USA Shariah ETF
HLAL
20 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.
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)
18% more funds holding
Funds holding: 17 → 20 (+3)
0.78% more ownership
Funds ownership: 2.01% → 2.79% (+0.78%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$545K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$521K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$373K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$208K |
| 5 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFS
Kaizen Financial Strategies
Campbell,
California
|
-$143K |
| 2 |
RBC
Romano Brothers & Co
Evanston,
Illinois
|
-$20.2K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$37 |
HLAL Hedge Fund Activity: Q1 2023 in Review
20 of the 6,283 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.
- 20 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.