SoFi Select 500 ETF
SFY
24 hedge funds and large institutions have $475M invested in SoFi Select 500 ETF in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $415M → $475M (+$59.7M)
9% more funds holding
Funds holding: 22 → 24 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.34% less ownership
Funds ownership: 16.32% → 15.98% (-0.34%)
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SoFi Wealth
San Francisco,
California
|
+$14.2M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$784K |
| 3 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
+$710K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$653K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$202K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$888K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$498K |
| 3 |
Jane Street
New York
|
-$388K |
| 4 |
GS
GTS Securities
New York
|
-$336K |
| 5 |
Cerity Partners
New York
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $20 | – | – | – |
|
|
SSB
27
Sandy Spring Bank
Olney,
Maryland
| $17 | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$888K | -11,614 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$498K | -6,513 | Closed |
|
|
30
Jane Street
New York
| – | -$388K | -5,081 | Closed |
|
|
GS
31
GTS Securities
New York
| – | -$336K | -4,390 | Closed |
|
|
32
Cerity Partners
New York
| – | -$162K | -2,113 | Closed |
|
SFY Hedge Fund Activity: Q4 2023 in Review
24 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SoFi Select 500 ETF (SFY) for Q4 2023, worth a combined $475M — up 14% from $415M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SFY positions and 5 closed out — a net gain of 2 holders — while 3 added to existing stakes and 9 trimmed.
The largest buyer was SoFi Wealth, adding an estimated $14.2M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $888K sold.
- 24 institutional investors held SoFi Select 500 ETF (SFY) as of Q4 2023, up from 22 in Q3 2023.
- Funds reported $475M of SoFi Select 500 ETF stock for Q4 2023, up 14% quarter-over-quarter.
- 7 funds opened new SoFi Select 500 ETF positions in Q4 2023 and 5 closed out, a net change of +2 holders.
- The largest SoFi Select 500 ETF buyer in Q4 2023 was SoFi Wealth, an estimated $14.2M added.
- The largest SoFi Select 500 ETF seller in Q4 2023 was Susquehanna International Group, an estimated $888K sold.
Based on aggregated 13F filings for Q4 2023.