Who Owns Wahed FTSE USA Shariah ETF (HLAL)?Hedge Fund & Institutional Holders

$60.32-0.55 (-0.90%)Financial ServicesNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$4.000000400000022e+143T

% of Float Held

QoQ Change in Holders

+11 / -0

Price History

$42.93$48.21$53.50$58.78$64.07Jul 24May 25Mar 26

HLAL — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
MERCER GLOBAL ADVISORS INC /ADVIncreased+53K+$2.6B
WESBANCO BANK INCNew Position+11K+$658.0M
Walkner Condon Financial Advisors LLCNew Position+8K+$495.0M
Brookwood Investment Group LLCNew Position+6K+$359.0M
Strengthening Families & Communities, LLCNew Position+5K+$313.0M
BLVD Private Wealth, LLCNew Position+5K+$287.0M
Main Street Financial Solutions, LLCNew Position+4K+$234.0M
Strategic Blueprint, LLCNew Position+3K+$201.0M
Sepio Capital, LPIncreased+2K+$145.5M
Farther Finance Advisors, LLCIncreased+27+$97.2M
Murphy & Mullick Capital Management CorpNew Position+2K+$93.0M
Sequoia Financial Advisors, LLCNew Position+30K+$1.9M
Valeo Financial Advisors, LLCNew Position+12K+$718K
TD Waterhouse Canada Inc.New Position+10K+$621K
UBS Group AGIncreased+5+$498K

HLAL — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
MML INVESTORS SERVICES, LLCDecreased-386-$421.4M
Financial Engines Advisors L.L.C.Decreased-10-$299.8M
COMPASS CAPITAL CORP /MA/ /ADVDecreased-2K-$126.5M
OSAIC HOLDINGS, INC.Decreased-56-$119.1M
WELLS FARGO & COMPANY/MNDecreased-1-$42K

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1GOLDMAN SACHS GROUP INC78,935$4.0B0.49%Share
2MERCER GLOBAL ADVISORS INC /ADV76,175$4.0B6.10%Share
3Farther Finance Advisors, LLC35,722$2.2B23.73%Share
4ROYAL BANK OF CANADA18,053$1.0B0.16%Share
5WESBANCO BANK INC10,614$658.0M0.02%Share
6Sepio Capital, LP8,308$515.0M0.03%Share
7Walkner Condon Financial Advisors LLC7,985$495.0M0.07%Share
8COMPASS CAPITAL CORP /MA/ /ADV7,631$483.0M0.19%Share
9Brookwood Investment Group LLC5,800$359.0M0.04%Share
10Strengthening Families & Communities, LLC5,056$313.0M0.11%Share
11BLVD Private Wealth, LLC4,642$287.0M0.25%Share
12Main Street Financial Solutions, LLC3,778$234.0M0.02%Share
13Kaizen Financial Strategies3,505$217.0M0.10%Share
14Strategic Blueprint, LLC3,242$201.0M0.01%Share
15Murphy & Mullick Capital Management Corp1,500$93.0M0.07%Share
16UBS Group AG300$18.0M0.00%Share
17NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO14,074$3.5M0.00%Share
18Sequoia Financial Advisors, LLC30,428$1.9M0.01%Share
19Valeo Financial Advisors, LLC11,589$718K0.00%Share
20TD Waterhouse Canada Inc.10,024$621K0.00%Share
21Apollon Wealth Management, LLC7,760$481K0.01%Share
22Financial Engines Advisors L.L.C.5,049$313K0.00%Share
23Allworth Financial LP3,627$224K0.00%Share
24PARK AVENUE SECURITIES LLC3,613$224K0.00%Share
25Providence Capital Advisors, LLC2,244$139K0.02%Share
26Pacific Center for Financial Services978$58K0.01%Share
27CWM, LLC45$3K0.00%Share
28MISSION WEALTH MANAGEMENT, LP35,924$2K0.00%Share
29Federation des caisses Desjardins du Quebec13,672$00.00%Share
30MML INVESTORS SERVICES, LLC6,717$00.00%Share
31Qube Research & Technologies Ltd536$00.00%Share
32RAYMOND JAMES FINANCIAL INC4,533$00.00%Share
33Cetera Investment Advisers9,350$00.00%Share
34SUSQUEHANNA INTERNATIONAL GROUP, LLP4,748$00.00%Share
35UNITED CAPITAL FINANCIAL ADVISORS, LLC4,969$00.00%Share
36Snowden Capital Advisors LLC6,605$00.00%Share
37FMR LLC26$00.00%Share
38BANK OF AMERICA CORP /DE/75$00.00%Share
39JONES FINANCIAL COMPANIES LLLP4,047$00.00%Share
401832 Asset Management L.P.3,808$00.00%Share
41NewEdge Advisors, LLC3,899$00.00%Share
42CIBC WORLD MARKET INC.10,511$00.00%Share
43MORGAN STANLEY749$00.00%Share
44MORGAN STANLEY260$00.00%Share
45MORGAN STANLEY1$00.00%Share
46Kestra Advisory Services, LLC2,380$00.00%Share
47OSAIC HOLDINGS, INC.2,007$00.00%Share
48WELLS FARGO & COMPANY/MN0$00.00%Share
49IFP Advisors, Inc875$00.00%Share
50ROYAL BANK OF CANADA8,494$00.00%Share

HLAL Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202550$15.1B+21
Q3 202529$14.5B-11
Q2 202540$21.4B-2
Q1 202542$22.6B+4
Q4 202438$7.8T+3
Q3 202435$7.6T+3
Q2 202432$10.6T+4
Q1 202428$5.4T

Similar Stocks by Institutional Ownership

As of Q4 2025, 50 institutional investors hold HLAL (Wahed FTSE USA Shariah ETF). The largest holder is GOLDMAN SACHS GROUP INC with $4.0B in shares. This quarter, 11 institutions opened new positions and 0 closed their positions.

Frequently Asked Questions

How many hedge funds own HLAL?

As of Q4 2025, 50 institutional investors report holding HLAL (Wahed FTSE USA Shariah ETF) in their 13F filings.

Who is the largest institutional holder of HLAL?

The largest institutional holder of HLAL is GOLDMAN SACHS GROUP INC with $4.0B in shares.

Is institutional ownership of HLAL increasing or decreasing?

This quarter, 11 institutions opened new positions in HLAL and 0 closed their positions.