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Wahed FTSE USA Shariah ETF
HLAL • NASDAQ
Wahed FTSE USA Shariah ETF is an exchange-traded fund on NASDAQ. As of Q3 2025, 43 institutional investors hold shares in this ETF, with total holdings valued at $27.7M. GOLDMAN SACHS GROUP INC is the largest holder with a position valued at $4.7M.
Overview
Overview of institutional ownership in HLAL as of Q3 2025
All Institutions
- Institutions
- 43
- Value Held
- $27.7M
- Shares Held
- 467.0K
- Avg Position
- $644.9K
- Median Position
- $344.1K
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Biggest Investors
Institutions with the largest positions in HLAL as of Q3 2025
| Institution | Position Value |
|---|---|
 GOLDMAN SACHS GROUP INC Institution | $4.7M 0.00% of portfolio |
 rebel Financial LLC RIA/Wealth | $3.6M 1.70% of portfolio |
M MISSION WEALTH MANAGEMENT, LLC Institution | $2.2M 0.04% of portfolio |
 Farther Finance Advisors, LLC RIA/Wealth | $2.1M 0.03% of portfolio |
 Sequoia Financial Advisors, LLC RIA/Wealth | $1.7M 0.01% of portfolio |
 MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | $1.4M 0.00% of portfolio |
R ROYAL BANK OF CANADA Institution | $1.1M 0.00% of portfolio |
 Vishria Bird Financial Group, LLC RIA/Wealth | $847.2K 0.17% of portfolio |
 Federation des caisses Desjardins du Quebec Fund of Funds | $803.9K 0.00% of portfolio |
 Valeo Financial Advisors, LLC RIA/Wealth | $682.7K 0.02% of portfolio |
Net Capital Flow
Institutional buying and selling activity for HLAL in Q3 2025
- Traded
- −$3.7M
- Buyers
- 22
- Sellers
- 13
- Total Bought
- +$1.5M
- Total Sold
- −$5.1M
- Avg Position
- $565.9K
Biggest Buyers
| Institution | Net Bought |
|---|---|
 MML INVESTORS SERVICES, LLC RIA/Wealth | +$421.4K +7.1K shares |
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth | +$408.9K +6.9K shares |
 Kaizen Financial Strategies RIA/Wealth | +$212.1K +3.5K shares |
 Cetera Investment Advisers RIA/Wealth | +$130.2K +2.2K shares |
J JONES FINANCIAL COMPANIES LLLP Institution | +$59.4K +1.0K shares |
A Advisor Group Holdings, Inc. Institution | +$53.5K +927.0 shares |
Farther Finance Advisors, LLC RIA/Wealth | +$35.9K +605.0 shares |
S Strengthening Families & Communities, LLC Institution | +$25.2K +425.0 shares |
Federation des caisses Desjardins du Quebec Fund of Funds | +$23.7K +400.0 shares |
 BANK OF MONTREAL /CAN/ Institution | +$21.1K +355.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 RFG Advisory Group, LLC RIA/Wealth | −$1.4M −25.8K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$1.2M −21.6K shares |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | −$919.1K −17.2K shares |
T Tower Research Capital LLC Institution | −$640.5K −12.0K shares |
R ROYAL BANK OF CANADA Institution | −$547.0K −9.2K shares |
 Forefront Wealth Partners, LLC RIA/Wealth | −$354.0K −6.7K shares |
 BLVD Private Wealth, LLC RIA/Wealth | −$31.3K −528.0 shares |
T TD Waterhouse Canada Inc. Institution | −$26.0K −435.0 shares |
M MISSION WEALTH MANAGEMENT, LLC Institution | −$22.5K −379.0 shares |
 Hanson McClain, Inc. RIA/Wealth | −$21.9K −410.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited HLAL in Q3 2025
- New Positions
- 2
- New Value
- $442.5K
- Exited Positions
- 6
- Exited Value
- $4.5M
New Positions
| Institution | Position Value |
|---|---|
MML INVESTORS SERVICES, LLC RIA/Wealth | $421.4K 7.1K shares |
BANK OF MONTREAL /CAN/ Institution | $21.1K 355.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
RFG Advisory Group, LLC RIA/Wealth | $1.4M 25.8K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.2M 21.6K shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $919.1K 17.2K shares |
T Tower Research Capital LLC Institution | $640.5K 12.0K shares |
Forefront Wealth Partners, LLC RIA/Wealth | $354.0K 6.7K shares |
Hanson McClain, Inc. RIA/Wealth | $21.9K 410.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in HLAL as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with HLAL as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
rebel Financial LLC RIA/Wealth | 1.70% $3.6M |
 COMPASS CAPITAL CORP /MA/ /ADV RIA/Wealth | 0.28% $609.5K |
BLVD Private Wealth, LLC RIA/Wealth | 0.23% $273.2K |
Vishria Bird Financial Group, LLC RIA/Wealth | 0.17% $847.2K |
Kaizen Financial Strategies RIA/Wealth | 0.10% $212.1K |
 Walkner Condon Financial Advisors LLC RIA/Wealth | 0.08% $473.8K |
S Strengthening Families & Communities, LLC Institution | 0.05% $225.9K |
 Brookwood Investment Group LLC RIA/Wealth | 0.05% $344.1K |
M MISSION WEALTH MANAGEMENT, LLC Institution | 0.04% $2.2M |
Farther Finance Advisors, LLC RIA/Wealth | 0.03% $2.1M |