SP Funds S&P 500 Sharia ETF
SPUS
4 hedge funds and large institutions have $597K invested in SP Funds S&P 500 Sharia ETF in 2020 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more funds holding
Funds holding: 3 → 4 (+1)
0.94% less ownership
Funds ownership: 2.3% → 1.36% (-0.94%)
16% less capital invested
Capital invested by funds: $710K → $597K (-$113K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$465K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$54.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$15.9K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$643K |
| 2 |
WCG
Weaver Consulting Group
Huntington Beach,
California
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $485K | +$465K | +19,329 | New |
|
|
2
Osaic Holdings
Scottsdale,
Arizona
| $57K | +$54.5K | +2,266 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $38K | +$5.17K | +215 | +17% |
|
|
4
UBS Group
Zurich,
Switzerland
| $17K | +$15.9K | +661 | New |
|
|
AWMS
5
Advocacy Wealth Management Services
Atlanta,
Georgia
| – | -$643K | -27,732 | Closed |
|
|
WCG
6
Weaver Consulting Group
Huntington Beach,
California
| – | -$37K | -1,600 | Closed |
|
SPUS Hedge Fund Activity: Q4 2020 in Review
4 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q4 2020, worth a combined $597K — down 16% from $710K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new SPUS positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $465K. The largest seller was Advocacy Wealth Management Services, exiting entirely with an estimated $643K sold.
- 4 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q4 2020, up from 3 in Q3 2020.
- Funds reported $597K of SP Funds S&P 500 Sharia ETF stock for Q4 2020, down 16% quarter-over-quarter.
- 3 funds opened new SP Funds S&P 500 Sharia ETF positions in Q4 2020 and 2 closed out, a net change of +1 holder.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q4 2020 was Jane Street, an estimated $465K added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q4 2020 was Advocacy Wealth Management Services, an estimated $643K sold.
Based on aggregated 13F filings for Q4 2020.