SP Funds S&P 500 Sharia ETF
SPUS
66 hedge funds and large institutions have $146M invested in SP Funds S&P 500 Sharia ETF in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 12 reducing their positions, and 6 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 12
155% more capital inflows, than outflows
Capital inflows: $25.4M | Capital outflows: $10M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
3% more funds holding
Funds holding: 64 → 66 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.14% less ownership
Funds ownership: 14.73% → 13.59% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$6.61M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.2M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$3.74M |
| 4 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$2.43M |
| 5 |
GTS Securities
Miami,
Florida
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFG Advisory
Birmingham,
Alabama
|
-$3.28M |
| 2 |
ShariaPortfolio
Lake Mary,
Florida
|
-$1.22M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.22M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$1.21M |
| 5 |
Childress Capital Advisors
Houston,
Texas
|
-$710K |
SPUS Hedge Fund Activity: Q1 2025 in Review
66 of the 7,483 institutional investors tracked by Wall St. Rank reported a position in SP Funds S&P 500 Sharia ETF (SPUS) for Q1 2025, worth a combined $146M — up 0.54% from $146M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SPUS positions and 6 closed out — a net gain of 3 holders — while 33 added to existing stakes and 12 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $6.61M. The largest seller was RFG Advisory, cutting an estimated $3.28M.
- 66 institutional investors held SP Funds S&P 500 Sharia ETF (SPUS) as of Q1 2025, up from 64 in Q4 2024.
- Funds reported $146M of SP Funds S&P 500 Sharia ETF stock for Q1 2025, up 0.54% quarter-over-quarter.
- 9 funds opened new SP Funds S&P 500 Sharia ETF positions in Q1 2025 and 6 closed out, a net change of +3 holders.
- The largest SP Funds S&P 500 Sharia ETF buyer in Q1 2025 was Two Sigma Investments, an estimated $6.61M added.
- The largest SP Funds S&P 500 Sharia ETF seller in Q1 2025 was RFG Advisory, an estimated $3.28M sold.
Based on aggregated 13F filings for Q1 2025.