SP Funds S&P 500 Sharia ETF
SPUS
34 hedge funds and large institutions have $70.7M invested in SP Funds S&P 500 Sharia ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 0 closing their positions.
189% more capital invested
Capital invested by funds: $24.5M → $70.7M (+$46.2M)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
26% more funds holding
Funds holding: 27 → 34 (+7)
13.18% more ownership
Funds ownership: 8.81% → 21.99% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.51M |
| 2 |
CCA
Childress Capital Advisors
Houston,
Texas
|
+$2.24M |
| 3 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
+$742K |
| 4 |
GS
GTS Securities
New York
|
+$599K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$934K |
| 2 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$439K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$120K |
| 4 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$69.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$46.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $136K | – | – | – |
|
27
1832 Asset Management
Toronto,
Ontario, Canada
| $101K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $35.4K | +$36.8K | +1,145 | New |
|
|
29
Osaic Holdings
Scottsdale,
Arizona
| $15.7K | -$120K | -3,751 | -88% |
|
|
NL
30
NVWM LLC
Yardley,
Pennsylvania
| $13.6K | – | – | – |
|
|
SFCL
31
Strengthening Families & Communities LLC
Boston,
Massachusetts
| $9K | +$32 | +1 | +0.3% |
|
32
Morgan Stanley
New York
| $6.18K | – | – | – |
|
|
LFG
33
Larson Financial Group
St Louis,
Missouri
| $4.02K | +$4.17K | +130 | New |
|
|
BWL
34
Bogart Wealth LLC
Mclean,
Virginia
| $1.55K | – | – | – |
|
SPUS Hedge Fund Activity: Q3 2023 in Review
34 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q3 2023, worth a combined $70.7M — up 189% from $24.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SPUS positions and 0 closed out — a net gain of 7 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $5.51M. The largest seller was Compagnie Lombard Odier SCmA, cutting an estimated $934K.
- 34 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q3 2023, up from 27 in Q2 2023.
- Funds reported $70.7M of SP Funds S&P 500 Sharia ETF stock for Q3 2023, up 189% quarter-over-quarter.
- 7 funds opened new SP Funds S&P 500 Sharia ETF positions in Q3 2023 and 0 closed out, a net change of +7 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q3 2023 was Manulife (Manufacturers Life Insurance), an estimated $5.51M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q3 2023 was Compagnie Lombard Odier SCmA, an estimated $934K sold.
Based on aggregated 13F filings for Q3 2023.