SP Funds S&P 500 Sharia ETF
SPUS
55 hedge funds and large institutions have $134M invested in SP Funds S&P 500 Sharia ETF in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 10 reducing their positions, and 4 closing their positions.
468% more capital inflows, than outflows
Capital inflows: $26.3M | Capital outflows: $4.62M
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
120% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 10
12% more funds holding
Funds holding: 49 → 55 (+6)
0.47% more ownership
Funds ownership: 17% → 17.47% (+0.47%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$4.72M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.72M |
| 3 |
RFG Advisory
Birmingham,
Alabama
|
+$3.16M |
| 4 |
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
+$2.93M |
| 5 |
NWAM LLC
Mercer Island,
Washington
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ShariaPortfolio
Lake Mary,
Florida
|
-$1.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$609K |
| 4 |
Two Sigma Securities
New York
|
-$331K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$223K |
SPUS Hedge Fund Activity: Q3 2024 in Review
55 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q3 2024, worth a combined $134M — up 24% from $108M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPUS positions and 4 closed out — a net gain of 6 holders — while 22 added to existing stakes and 10 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $4.72M. The largest seller was ShariaPortfolio, cutting an estimated $1.8M.
- 55 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q3 2024, up from 49 in Q2 2024.
- Funds reported $134M of SP Funds S&P 500 Sharia ETF stock for Q3 2024, up 24% quarter-over-quarter.
- 10 funds opened new SP Funds S&P 500 Sharia ETF positions in Q3 2024 and 4 closed out, a net change of +6 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q3 2024 was Two Sigma Investments, an estimated $4.72M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q3 2024 was ShariaPortfolio, an estimated $1.8M sold.
Based on aggregated 13F filings for Q3 2024.