SoFi Select 500 ETF
SFY
19 hedge funds and large institutions have $366M invested in SoFi Select 500 ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
14% more capital invested
Capital invested by funds: $320M → $366M (+$46.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 16.41% → 16.39% (-0.01%)
5% less funds holding
Funds holding: 20 → 19 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SoFi Wealth
San Francisco,
California
|
+$17.3M |
| 2 |
JIC
Joel Isaacson & Co
New York
|
+$327K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$266K |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$224K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$300K |
| 2 |
Jane Street
New York
|
-$293K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$141K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$59.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$141K | -2,118 | Closed |
|
|
27
UBS Group
Zurich,
Switzerland
| – | -$39.6K | -597 | Closed |
|
|
MPCL
28
My Personal CFO LLC
Vancouver,
Washington
| – | -$8.03K | -121 | Closed |
|
29
BlackRock
New York
| – | -$2.08K | -31 | Closed |
|
SFY Hedge Fund Activity: Q1 2023 in Review
19 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SoFi Select 500 ETF (SFY) for Q1 2023, worth a combined $366M — up 14% from $320M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SFY and 6 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was SoFi Wealth, adding an estimated $17.3M. The largest seller was HRT Financial, exiting entirely with an estimated $300K sold.
- 19 institutional investors held SoFi Select 500 ETF (SFY) as of Q1 2023, down from 20 in Q4 2022.
- Funds reported $366M of SoFi Select 500 ETF stock for Q1 2023, up 14% quarter-over-quarter.
- 6 funds opened new SoFi Select 500 ETF positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest SoFi Select 500 ETF buyer in Q1 2023 was SoFi Wealth, an estimated $17.3M added.
- The largest SoFi Select 500 ETF seller in Q1 2023 was HRT Financial, an estimated $300K sold.
Based on aggregated 13F filings for Q1 2023.