SP Funds S&P 500 Sharia ETF
SPUS
41 hedge funds and large institutions have $78.6M invested in SP Funds S&P 500 Sharia ETF in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
21% more funds holding
Funds holding: 34 → 41 (+7)
11% more capital invested
Capital invested by funds: $70.7M → $78.6M (+$7.89M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 21.99% → 21.03% (-0.95%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.55M |
| 2 |
Goldman Sachs
New York
|
+$2.37M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.18M |
| 4 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$756K |
| 5 |
SF
Synovus Financial
Columbus,
Georgia
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
S
ShariaPortfolio
Lake Mary,
Florida
|
-$6.21M |
| 2 |
GS
GTS Securities
New York
|
-$801K |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$293K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$254K |
| 5 |
MWM
Mission Wealth Management
Santa Barbara,
California
|
-$226K |
SPUS Hedge Fund Activity: Q4 2023 in Review
41 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q4 2023, worth a combined $78.6M — up 11% from $70.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPUS positions and 2 closed out — a net gain of 7 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $3.55M. The largest seller was ShariaPortfolio, cutting an estimated $6.21M.
- 41 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q4 2023, up from 34 in Q3 2023.
- Funds reported $78.6M of SP Funds S&P 500 Sharia ETF stock for Q4 2023, up 11% quarter-over-quarter.
- 9 funds opened new SP Funds S&P 500 Sharia ETF positions in Q4 2023 and 2 closed out, a net change of +7 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q4 2023 was Manulife (Manufacturers Life Insurance), an estimated $3.55M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q4 2023 was ShariaPortfolio, an estimated $6.21M sold.
Based on aggregated 13F filings for Q4 2023.