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Wahed FTSE USA Shariah ETF

39 hedge funds and large institutions have $24.6M invested in Wahed FTSE USA Shariah ETF in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 8

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

8% more funds holding

Funds holding: 3639 (+3)

0.63% less ownership

Funds ownership: 5.21%4.58% (-0.63%)

1% less capital invested

Capital invested by funds: $24.8M → $24.6M (-$194K)

Holders
39
Holders Change
+3
Holders Change %
+8.33%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
17
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RA
1
RFG Advisory
Alabama
$5.38M -$4.08M -80,340 -44%
FFA
2
Farther Finance Advisors
California
$2.05M +$241K +4,750 +14%
Two Sigma Investments
3
Two Sigma Investments
New York
$1.95M +$1.66M +32,700 +711%
MWM
4
Mission Wealth Management
California
$1.89M -$27.8K -547 -1%
SFA
5
Sequoia Financial Advisors
Ohio
$1.51M
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$1.06M +$45K +886 +5%
Mercer Global Advisors
7
Mercer Global Advisors
Colorado
$964K +$5.43K +107 +0.6%
Goldman Sachs
8
Goldman Sachs
New York
$762K +$73.3K +1,443 +11%
Citadel Advisors
9
Citadel Advisors
Florida
$754K +$732K +14,414 New
FDCDDQ
10
Federation des caisses Desjardins du Quebec
Quebec, Canada
$751K +$32.5K +640 +5%
TWC
11
TD Waterhouse Canada
Ontario, Canada
$742K +$217K +4,275 +42%
VBFG
12
Vishria Bird Financial Group
Tennessee
$679K +$229K +4,500 +53%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$651K +$141K +2,773 +29%
VFA
14
Valeo Financial Advisors
Indiana
$542K +$107K +2,106 +26%
CIBC World Market
15
CIBC World Market
Ontario, Canada
$527K +$1.17K +23 +0.2%
Jane Street
16
Jane Street
New York
$472K +$459K +9,030 New
WCFA
17
Walkner Condon Financial Advisors
Wisconsin
$419K -$508 -10 -0.1%
AWM
18
Apollon Wealth Management
South Carolina
$387K +$11.3K +222 +3%
SC
19
Sepio Capital
Utah
$347K +$1.27K +25 +0.4%
TRCT
20
Tower Research Capital (TRC)
New York
$342K -$130K -2,564 -28%
SCA
21
Snowden Capital Advisors
New York
$290K -$2.64K -52 -0.9%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$280K
LPL Financial
23
LPL Financial
California
$278K +$11.9K +235 +5%
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$247K +$37.4K +737 +18%
WSFG
25
Wall Street Financial Group
Illinois
$239K +$232K +4,565 New

HLAL Hedge Fund Activity: Q3 2024 in Review

39 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q3 2024, worth a combined $24.6M — down 0.78% from $24.8M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new HLAL positions and 4 closed out — a net gain of 3 holders — while 17 added to existing stakes and 8 trimmed.

The largest buyer was Two Sigma Investments, adding an estimated $1.66M. The largest seller was RFG Advisory, cutting an estimated $4.08M.

  • 39 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q3 2024, up from 36 in Q2 2024.
  • Funds reported $24.6M of Wahed FTSE USA Shariah ETF stock for Q3 2024, down 0.78% quarter-over-quarter.
  • 7 funds opened new Wahed FTSE USA Shariah ETF positions in Q3 2024 and 4 closed out, a net change of +3 holders.
  • The largest Wahed FTSE USA Shariah ETF buyer in Q3 2024 was Two Sigma Investments, an estimated $1.66M added.
  • The largest Wahed FTSE USA Shariah ETF seller in Q3 2024 was RFG Advisory, an estimated $4.08M sold.

Based on aggregated 13F filings for Q3 2024.