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SP Funds S&P 500 Sharia ETF

27 hedge funds and large institutions have $24.5M invested in SP Funds S&P 500 Sharia ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

96% more capital invested

Capital invested by funds: $12.5M → $24.5M (+$12M)

13% more funds holding

Funds holding: 2427 (+3)

2.91% more ownership

Funds ownership: 5.89%8.81% (+2.9%)

Holders
27
Holders Change
+3
Holders Change %
+12.5%
% of All Funds
0.42%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
9
Reduced
3
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$12.2M +$7.14M +237,618 +170%
MWM
2
Mission Wealth Management
California
$1.96M +$26.4K +878 +1%
CLOS
3
Compagnie Lombard Odier SCmA
Switzerland
$1.26M
CCA
4
Childress Capital Advisors
Texas
$1.21M +$1.13M +37,588 New
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$1.08M +$248K +8,247 +33%
Truist Financial
6
Truist Financial
North Carolina
$1.08M +$248K +8,247 +33%
VPP
7
Vertex Planning Partners
Illinois
$818K
NL
8
NWAM LLC
Washington
$706K +$1.68K +56 +0.3%
FFA
9
Farther Finance Advisors
California
$677K +$631K +21,009 New
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$619K +$380K +12,661 +193%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$514K -$22K -731 -4%
MSFS
12
Main Street Financial Solutions
Pennsylvania
$339K +$29.6K +984 +10%
TWC
13
TD Waterhouse Canada
Ontario, Canada
$280K
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$262K
GS
15
GTS Securities
New York
$234K +$218K +7,264 New
LPL Financial
16
LPL Financial
California
$227K +$212K +7,040 New
YDMI
17
Y.D. More Investments
Israel
$212K -$62.2K -2,070 -24%
CFGS
18
Concourse Financial Group Securities
Alabama
$167K +$156K +5,197 New
National Bank of Canada
19
National Bank of Canada
Quebec, Canada
$142K -$12K -399 -8%
FDCDDQ
20
Federation des caisses Desjardins du Quebec
Quebec, Canada
$142K
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$139K
Osaic Holdings
22
Osaic Holdings
Arizona
$136K +$9.07K +302 +8%
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$106K
NL
24
NVWM LLC
Pennsylvania
$14.2K
SFCL
25
Strengthening Families & Communities LLC
Massachusetts
$10K +$1.8K +60 +25%

SPUS Hedge Fund Activity: Q2 2023 in Review

27 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q2 2023, worth a combined $24.5M — up 96% from $12.5M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new SPUS positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 3 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $7.14M. The largest seller was Goldman Sachs, exiting entirely with an estimated $372K sold.

  • 27 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q2 2023, up from 24 in Q1 2023.
  • Funds reported $24.5M of SP Funds S&P 500 Sharia ETF stock for Q2 2023, up 96% quarter-over-quarter.
  • 5 funds opened new SP Funds S&P 500 Sharia ETF positions in Q2 2023 and 2 closed out, a net change of +3 holders.
  • The largest SP Funds S&P 500 Sharia ETF buyer in Q2 2023 was Manulife (Manufacturers Life Insurance), an estimated $7.14M added.
  • The largest SP Funds S&P 500 Sharia ETF seller in Q2 2023 was Goldman Sachs, an estimated $372K sold.

Based on aggregated 13F filings for Q2 2023.