Wahed FTSE USA Shariah ETF
HLAL
59 hedge funds and large institutions have $35.8M invested in Wahed FTSE USA Shariah ETF in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 26 increasing their positions, 15 reducing their positions, and 7 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 15
73% more capital inflows, than outflows
Capital inflows: $6.4M | Capital outflows: $3.7M
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
9% more funds holding
Funds holding: 54 → 59 (+5)
0.04% more ownership
Funds ownership: 4.9% → 4.95% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFG Advisory
Birmingham,
Alabama
|
+$1.93M |
| 2 |
JP Morgan Chase
New York
|
+$636K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$489K |
| 4 |
Jane Street
New York
|
+$393K |
| 5 |
Valeo Financial Advisors
Carmel,
Indiana
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
-$871K |
| 2 |
WesBanco Bank
Wheeling,
West Virginia
|
-$658K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$580K |
| 4 |
Brookwood Investment Group
Phoenix,
Arizona
|
-$360K |
| 5 |
United Capital Financial Advisors
Irving,
Texas
|
-$308K |
HLAL Hedge Fund Activity: Q1 2026 in Review
59 of the 8,230 institutional investors tracked by Wall St. Rank reported a position in Wahed FTSE USA Shariah ETF (HLAL) for Q1 2026, worth a combined $35.8M — up 3.2% from $34.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new HLAL positions and 7 closed out — a net gain of 5 holders — while 26 added to existing stakes and 15 trimmed.
The largest buyer was RFG Advisory, opening a new position worth an estimated $1.93M. The largest seller was Mercer Global Advisors, cutting an estimated $871K.
- 59 institutional investors held Wahed FTSE USA Shariah ETF (HLAL) as of Q1 2026, up from 54 in Q4 2025.
- Funds reported $35.8M of Wahed FTSE USA Shariah ETF stock for Q1 2026, up 3.2% quarter-over-quarter.
- 12 funds opened new Wahed FTSE USA Shariah ETF positions in Q1 2026 and 7 closed out, a net change of +5 holders.
- The largest Wahed FTSE USA Shariah ETF buyer in Q1 2026 was RFG Advisory, an estimated $1.93M added.
- The largest Wahed FTSE USA Shariah ETF seller in Q1 2026 was Mercer Global Advisors, an estimated $871K sold.
Based on aggregated 13F filings for Q1 2026.