We are live on ! Find out more
SPUS icon

SP Funds S&P 500 Sharia ETF
SPUS

48 hedge funds and large institutions have $108M invested in SP Funds S&P 500 Sharia ETF in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 8

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

17% more capital invested

Capital invested by funds: $92.2M → $108M (+$15.6M)

7% more funds holding

Funds holding: 45 → 48 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

1.2% less ownership

Funds ownership: 18.2% → 17% (-1.2%)

Holders
48
Holders Change
+3
Holders Change %
+6.67%
% of All Funds
0.69%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
7
Increased
20
Reduced
8
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
+$3.14M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.32M
3
AI
ArchPoint Investors
Florida
+$2.22M
4
FFA
Farther Finance Advisors
California
+$976K
5
SFCL
Strengthening Families & Communities LLC
Massachusetts
+$792K

Top Sellers

Rank Fund Capital Flow
1
S
ShariaPortfolio
Florida
-$1.74M
2
NL
NWAM LLC
Washington
-$1.06M
3
Marshall Wace
Marshall Wace
United Kingdom
-$478K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$346K
5
Osaic Holdings
Osaic Holdings
Arizona
-$286K
Name Holding Trade Value Shares
Change 		Change in
Stake
MSFS
26
Main Street Financial Solutions
Pennsylvania
$380K -$77.5K -2,027 -18%
TSS
27
Two Sigma Securities
New York
$331K +$312K +8,170 New
Fifth Third Bancorp
28
Fifth Third Bancorp
Ohio
$329K – – –
YDMI
29
Y.D. More Investments
Israel
$320K – – –
CPWA
30
Cerro Pacific Wealth Advisors
California
$319K +$301K +7,877 New
JIP
31
Jaffetilchin Investment Partners
Florida
$308K +$291K +7,606 New
TWC
32
TD Waterhouse Canada
Ontario, Canada
$261K +$19.4K +508 +9%
KAS
33
Kestra Advisory Services
Texas
$252K +$3.56K +93 +2%
SCA
34
Snowden Capital Advisors
New York
$251K -$27.4K -718 -10%
Bank of America
35
Bank of America
North Carolina
$244K +$21.3K +558 +10%
CPIG
36
Chicago Partners Investment Group
Illinois
$234K +$612 +16 +0.3%
OIA
37
OneDigital Investment Advisors
Kansas
$232K +$219K +5,723 New
EWA
38
Emergent Wealth Advisors
New York
$226K – – –
CFGS
39
Concourse Financial Group Securities
Alabama
$205K -$5.81K -152 -3%
National Bank of Canada
40
National Bank of Canada
Quebec, Canada
$179K – – –
Bank of Montreal
41
Bank of Montreal
Ontario, Canada
$176K – – –
Northwestern Mutual Wealth Management
42
Northwestern Mutual Wealth Management
Wisconsin
$139K – – –
IA
43
IFP Advisors
Florida
$58.8K +$7.3K +191 +15%
Osaic Holdings
44
Osaic Holdings
Arizona
$39.8K -$286K -7,487 -88%
Morgan Stanley
45
Morgan Stanley
New York
$22.3K +$13.4K +350 +174%
NL
46
NVWM LLC
Pennsylvania
$17.8K – – –
BWL
47
Bogart Wealth LLC
Virginia
$2.43K +$382 +10 +20%
Fidelity Investments
48
Fidelity Investments
Massachusetts
$525 +$497 +13 New
NL
49
NWAM LLC
Washington
– -$1.06M -28,343 Closed
Marshall Wace
50
Marshall Wace
United Kingdom
– -$478K -12,632 Closed
1
2
3

SPUS Hedge Fund Activity: Q2 2024 in Review

48 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q2 2024, worth a combined $108M — up 17% from $92.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new SPUS positions and 4 closed out — a net gain of 3 holders — while 20 added to existing stakes and 8 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $3.14M. The largest seller was ShariaPortfolio, cutting an estimated $1.74M.

  • 48 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q2 2024, up from 45 in Q1 2024.
  • Funds reported $108M of SP Funds S&P 500 Sharia ETF stock for Q2 2024, up 17% quarter-over-quarter.
  • 7 funds opened new SP Funds S&P 500 Sharia ETF positions in Q2 2024 and 4 closed out, a net change of +3 holders.
  • The largest SP Funds S&P 500 Sharia ETF buyer in Q2 2024 was Manulife (Manufacturers Life Insurance), an estimated $3.14M added.
  • The largest SP Funds S&P 500 Sharia ETF seller in Q2 2024 was ShariaPortfolio, an estimated $1.74M sold.

Based on aggregated 13F filings for Q2 2024.