SP Funds S&P 500 Sharia ETF
SPUS
3 hedge funds and large institutions have $710K invested in SP Funds S&P 500 Sharia ETF in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
77% more capital invested
Capital invested by funds: $402K → $710K (+$308K)
50% more funds holding
Funds holding: 2 → 3 (+1)
0.74% more ownership
Funds ownership: 1.56% → 2.3% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$627K |
| 2 |
WCG
Weaver Consulting Group
Huntington Beach,
California
|
+$36.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$375K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWMS
1
Advocacy Wealth Management Services
Atlanta,
Georgia
| $643K | +$627K | +27,732 | New |
|
|
WCG
2
Weaver Consulting Group
Huntington Beach,
California
| $37K | +$36.2K | +1,600 | New |
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $30K | – | – | – |
|
|
4
Citadel Advisors
Miami,
Florida
| – | -$375K | -17,890 | Closed |
|
SPUS Hedge Fund Activity: Q3 2020 in Review
3 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q3 2020, worth a combined $710K — up 77% from $402K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SPUS positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Advocacy Wealth Management Services, opening a new position worth an estimated $627K. The largest seller was Citadel Advisors, exiting entirely with an estimated $375K sold.
- 3 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q3 2020, up from 2 in Q2 2020.
- Funds reported $710K of SP Funds S&P 500 Sharia ETF stock for Q3 2020, up 77% quarter-over-quarter.
- 2 funds opened new SP Funds S&P 500 Sharia ETF positions in Q3 2020 and 1 closed out, a net change of +1 holder.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q3 2020 was Advocacy Wealth Management Services, an estimated $627K added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q3 2020 was Citadel Advisors, an estimated $375K sold.
Based on aggregated 13F filings for Q3 2020.