SoFi Select 500 ETF
SFY
28 hedge funds and large institutions have $643M invested in SoFi Select 500 ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 4 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $554M → $643M (+$88.8M)
4% more funds holding
Funds holding: 27 → 28 (+1)
0.04% more ownership
Funds ownership: 15.63% → 15.68% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SoFi Wealth
San Francisco,
California
|
+$25.8M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$21.9M |
| 3 |
GS
GTS Securities
New York
|
+$1.35M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$762K |
| 5 |
AssetMark Inc
Concord,
California
|
+$75.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Teamwork Financial Advisors
San Antonio,
Texas
|
-$231K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$228K |
| 3 |
HF
HRT Financial
New York
|
-$188K |
| 4 |
BMC
Bear Mountain Capital
Seattle,
Washington
|
-$20.4K |
| 5 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$13.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6.22K | +$94 | +1 | +2% |
|
|
FFA
27
Farther Finance Advisors
San Francisco,
California
| $1.12K | – | – | – |
|
28
JP Morgan Chase
New York
| $854 | -$5.46K | -58 | -87% |
|
29
Wells Fargo
San Francisco,
California
| $30 | – | – | – |
|
|
SSB
30
Sandy Spring Bank
Olney,
Maryland
| $20 | – | – | – |
|
|
HF
31
HRT Financial
New York
| – | -$188K | -2,019 | Closed |
|
|
BMC
32
Bear Mountain Capital
Seattle,
Washington
| – | -$20.4K | -228 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$7.08K | -76 | Closed |
|
34
BNP Paribas Financial Markets
Paris,
France
| – | -$130 | -1 | Closed |
|
35
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$188 | +2 | New |
|
SFY Hedge Fund Activity: Q2 2024 in Review
28 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in SoFi Select 500 ETF (SFY) for Q2 2024, worth a combined $643M — up 16% from $554M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SFY positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 7 trimmed.
The largest buyer was SoFi Wealth, adding an estimated $25.8M. The largest seller was Teamwork Financial Advisors, cutting an estimated $231K.
- 28 institutional investors held SoFi Select 500 ETF (SFY) as of Q2 2024, up from 27 in Q1 2024.
- Funds reported $643M of SoFi Select 500 ETF stock for Q2 2024, up 16% quarter-over-quarter.
- 5 funds opened new SoFi Select 500 ETF positions in Q2 2024 and 4 closed out, a net change of +1 holder.
- The largest SoFi Select 500 ETF buyer in Q2 2024 was SoFi Wealth, an estimated $25.8M added.
- The largest SoFi Select 500 ETF seller in Q2 2024 was Teamwork Financial Advisors, an estimated $231K sold.
Based on aggregated 13F filings for Q2 2024.