SoFi Select 500 ETF
SFY
27 hedge funds and large institutions have $691M invested in SoFi Select 500 ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
7% more capital invested
Capital invested by funds: $643M → $691M (+$48.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.77% less ownership
Funds ownership: 78.38% → 77.61% (-0.77%)
4% less funds holding
Funds holding: 28 → 27 (-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
|
+$42.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$777K |
| 3 |
Jane Street
New York
|
+$558K |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$334K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$23M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
-$2.69M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$803K |
| 4 |
CWM
Centric Wealth Management
Chicago,
Illinois
|
-$688K |
| 5 |
AssetMark Inc
Concord,
California
|
-$221K |
SFY Hedge Fund Activity: Q3 2024 in Review
27 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in SoFi Select 500 ETF (SFY) for Q3 2024, worth a combined $691M — up 7.5% from $643M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SFY and 6 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 9 added.
The largest buyer was SoFi Wealth, adding an estimated $42.6M. The largest seller was Empowered Funds, exiting entirely with an estimated $23M sold.
- 27 institutional investors held SoFi Select 500 ETF (SFY) as of Q3 2024, down from 28 in Q2 2024.
- Funds reported $691M of SoFi Select 500 ETF stock for Q3 2024, up 7.5% quarter-over-quarter.
- 6 funds opened new SoFi Select 500 ETF positions in Q3 2024 and 7 closed out, a net change of -1 holder.
- The largest SoFi Select 500 ETF buyer in Q3 2024 was SoFi Wealth, an estimated $42.6M added.
- The largest SoFi Select 500 ETF seller in Q3 2024 was Empowered Funds, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2024.