SoFi Select 500 ETF
SFY
17 hedge funds and large institutions have $408M invested in SoFi Select 500 ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
11% more capital invested
Capital invested by funds: $366M → $408M (+$41.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.07% less ownership
Funds ownership: 16.39% → 16.33% (-0.07%)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SW
SoFi Wealth
San Francisco,
California
|
+$11.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$63K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$55K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$27K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$19.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$966K |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$454K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$22K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$19K |
| 5 |
TFA
Teamwork Financial Advisors
San Antonio,
Texas
|
-$13K |
SFY Hedge Fund Activity: Q2 2023 in Review
17 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in SoFi Select 500 ETF (SFY) for Q2 2023, worth a combined $408M — up 11% from $366M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SFY and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 7 added.
The largest buyer was SoFi Wealth, adding an estimated $11.8M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $966K sold.
- 17 institutional investors held SoFi Select 500 ETF (SFY) as of Q2 2023, down from 19 in Q1 2023.
- Funds reported $408M of SoFi Select 500 ETF stock for Q2 2023, up 11% quarter-over-quarter.
- 2 funds opened new SoFi Select 500 ETF positions in Q2 2023 and 4 closed out, a net change of -2 holders.
- The largest SoFi Select 500 ETF buyer in Q2 2023 was SoFi Wealth, an estimated $11.8M added.
- The largest SoFi Select 500 ETF seller in Q2 2023 was Susquehanna International Group, an estimated $966K sold.
Based on aggregated 13F filings for Q2 2023.