SP Funds S&P 500 Sharia ETF
SPUS
72 hedge funds and large institutions have $154M invested in SP Funds S&P 500 Sharia ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more funds holding
Funds holding: 66 → 72 (+6)
5% more capital invested
Capital invested by funds: $146M → $154M (+$7.25M)
1.96% less ownership
Funds ownership: 13.59% → 11.63% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$1.52M |
| 2 |
Mariner
Overland Park,
Kansas
|
+$1.14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 4 |
SFCL
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
+$658K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$584K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$13.2M |
| 2 |
GS
GTS Securities
New York
|
-$3.57M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.02M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$723K |
| 5 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$621K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$167K | -4,300 | Closed |
|
SPUS Hedge Fund Activity: Q2 2025 in Review
72 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q2 2025, worth a combined $154M — up 4.9% from $146M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPUS positions and 4 closed out — a net gain of 6 holders — while 33 added to existing stakes and 14 trimmed.
The largest buyer was Marshall Wace, opening a new position worth an estimated $1.52M. The largest seller was Two Sigma Investments, cutting an estimated $13.2M.
- 72 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q2 2025, up from 66 in Q1 2025.
- Funds reported $154M of SP Funds S&P 500 Sharia ETF stock for Q2 2025, up 4.9% quarter-over-quarter.
- 10 funds opened new SP Funds S&P 500 Sharia ETF positions in Q2 2025 and 4 closed out, a net change of +6 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q2 2025 was Marshall Wace, an estimated $1.52M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q2 2025 was Two Sigma Investments, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2025.