SP Funds S&P 500 Sharia ETF
SPUS
55 hedge funds and large institutions have $134M invested in SP Funds S&P 500 Sharia ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
24% more capital invested
Capital invested by funds: $108M → $134M (+$25.7M)
15% more funds holding
Funds holding: 48 → 55 (+7)
0.47% more ownership
Funds ownership: 17% → 17.47% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$4.72M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.72M |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$3.16M |
| 4 |
SFCL
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
+$2.93M |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
S
ShariaPortfolio
Lake Mary,
Florida
|
-$1.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$609K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$331K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$223K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
51
Northwest Financial Advisors
Herndon,
Virginia
| $21.7K | +$21K | +520 | New |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $19K | +$18.4K | +455 | New |
|
|
NL
53
NVWM LLC
Yardley,
Pennsylvania
| $18.4K | – | – | – |
|
|
BWL
54
Bogart Wealth LLC
Mclean,
Virginia
| $2.5K | – | – | – |
|
55
Fidelity Investments
Boston,
Massachusetts
| $542 | – | – | – |
|
|
56
Citadel Advisors
Miami,
Florida
| – | -$609K | -15,062 | Closed |
|
|
TSS
57
Two Sigma Securities
New York
| – | -$331K | -8,170 | Closed |
|
|
CFGS
58
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$205K | -5,072 | Closed |
|
SPUS Hedge Fund Activity: Q3 2024 in Review
55 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q3 2024, worth a combined $134M — up 24% from $108M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPUS positions and 3 closed out — a net gain of 7 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $4.72M. The largest seller was ShariaPortfolio, cutting an estimated $1.8M.
- 55 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q3 2024, up from 48 in Q2 2024.
- Funds reported $134M of SP Funds S&P 500 Sharia ETF stock for Q3 2024, up 24% quarter-over-quarter.
- 10 funds opened new SP Funds S&P 500 Sharia ETF positions in Q3 2024 and 3 closed out, a net change of +7 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q3 2024 was Two Sigma Investments, an estimated $4.72M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q3 2024 was ShariaPortfolio, an estimated $1.8M sold.
Based on aggregated 13F filings for Q3 2024.