SP Funds S&P 500 Sharia ETF
SPUS
64 hedge funds and large institutions have $146M invested in SP Funds S&P 500 Sharia ETF in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
86% more capital inflows, than outflows
Capital inflows: $17.8M | Capital outflows: $9.6M
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
16% more funds holding
Funds holding: 55 → 64 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.74% less ownership
Funds ownership: 17.47% → 14.73% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.73M |
| 2 |
Two Sigma Investments
New York
|
+$2.92M |
| 3 |
Synovus Financial
Columbus,
Georgia
|
+$2.3M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.53M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Strengthening Families & Communities LLC
Boston,
Massachusetts
|
-$3.14M |
| 2 |
NWAM LLC
Mercer Island,
Washington
|
-$2.21M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.79M |
| 4 |
GTS Securities
Miami,
Florida
|
-$902K |
| 5 |
Goldman Sachs
New York
|
-$610K |
SPUS Hedge Fund Activity: Q4 2024 in Review
64 of the 7,618 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q4 2024, worth a combined $146M — up 9% from $134M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SPUS positions and 3 closed out — a net gain of 9 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $3.73M. The largest seller was Strengthening Families & Communities LLC, cutting an estimated $3.14M.
- 64 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q4 2024, up from 55 in Q3 2024.
- Funds reported $146M of SP Funds S&P 500 Sharia ETF stock for Q4 2024, up 9% quarter-over-quarter.
- 12 funds opened new SP Funds S&P 500 Sharia ETF positions in Q4 2024 and 3 closed out, a net change of +9 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q4 2024 was Manulife (Manufacturers Life Insurance), an estimated $3.73M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q4 2024 was Strengthening Families & Communities LLC, an estimated $3.14M sold.
Based on aggregated 13F filings for Q4 2024.