SP Funds S&P 500 Sharia ETF
SPUS
69 hedge funds and large institutions have $184M invested in SP Funds S&P 500 Sharia ETF in 2025 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 14 reducing their positions, and 10 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $185M → $184M (-$736K)
1.5% less ownership
Funds ownership: 11.31% → 9.81% (-1.5%)
4% less funds holding
Funds holding: 72 → 69 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RF
rebel Financial
Groveport,
Ohio
|
+$3.4M |
| 2 |
AWP
Abacus Wealth Partners
Santa Monica,
California
|
+$2.86M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$2.86M |
| 4 |
Two Sigma Investments
New York
|
+$2.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFCL
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
-$6.34M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$2.82M |
| 3 |
MYIA
Mount Yale Investment Advisors
Denver,
Colorado
|
-$2.79M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.35M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
76
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$346K | -6,994 | Closed |
|
|
HF
77
HRT Financial
New York
| – | -$244K | -4,944 | Closed |
|
|
WCG
78
Weaver Consulting Group
Huntington Beach,
California
| – | -$205K | -4,159 | Closed |
|
79
JP Morgan Chase
New York
| – | -$395 | -8 | Closed |
|
SPUS Hedge Fund Activity: Q4 2025 in Review
69 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q4 2025, worth a combined $184M — down 0.4% from $185M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SPUS and 8 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 36 added.
The largest buyer was rebel Financial, opening a new position worth an estimated $3.4M. The largest seller was Strengthening Families & Communities LLC, exiting entirely with an estimated $6.34M sold.
- 69 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q4 2025, down from 72 in Q3 2025.
- Funds reported $184M of SP Funds S&P 500 Sharia ETF stock for Q4 2025, down 0.4% quarter-over-quarter.
- 8 funds opened new SP Funds S&P 500 Sharia ETF positions in Q4 2025 and 10 closed out, a net change of -2 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q4 2025 was rebel Financial, an estimated $3.4M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q4 2025 was Strengthening Families & Communities LLC, an estimated $6.34M sold.
Based on aggregated 13F filings for Q4 2025.