SP Funds S&P 500 Sharia ETF
SPUS
27 hedge funds and large institutions have $24.5M invested in SP Funds S&P 500 Sharia ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
96% more capital invested
Capital invested by funds: $12.5M → $24.5M (+$12M)
13% more funds holding
Funds holding: 24 → 27 (+3)
2.91% more ownership
Funds ownership: 5.89% → 8.81% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$7.14M |
| 2 |
CCA
Childress Capital Advisors
Houston,
Texas
|
+$1.13M |
| 3 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$631K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$380K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$248K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$372K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$87.7K |
| 3 |
YDMI
Y.D. More Investments
Ramat Gan,
Israel
|
-$62.2K |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$22K |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $6.45K | – | – | – |
|
|
BWL
27
Bogart Wealth LLC
Mclean,
Virginia
| $1.61K | – | – | – |
|
|
28
Goldman Sachs
New York
| – | -$372K | -12,831 | Closed |
|
|
29
UBS Group
Zurich,
Switzerland
| – | -$87.7K | -3,024 | Closed |
|
SPUS Hedge Fund Activity: Q2 2023 in Review
27 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q2 2023, worth a combined $24.5M — up 96% from $12.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SPUS positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 3 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $7.14M. The largest seller was Goldman Sachs, exiting entirely with an estimated $372K sold.
- 27 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q2 2023, up from 24 in Q1 2023.
- Funds reported $24.5M of SP Funds S&P 500 Sharia ETF stock for Q2 2023, up 96% quarter-over-quarter.
- 5 funds opened new SP Funds S&P 500 Sharia ETF positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $7.14M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q2 2023 was Goldman Sachs, an estimated $372K sold.
Based on aggregated 13F filings for Q2 2023.