HLAL · Wahed FTSE USA Shariah ETF ETF

$73.26 -0.15 (-0.20%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 54

Total Value: $34,550,491

Total Shares: 582,443

Institutional Ownership Trend

25 quarters

Holder Concentration

Across 54 13F filers · Δ vs Dec 31, 2025

Top Holder

13.6%

−0.8 pts

Top 5

46.7%

−5.5 pts

Top 10

65.7%

−3.7 pts

HHI

599

Broadly held−109

Quarterly Activity

vs Dec 31, 2025

New

Increased

Decreased

Sold Out

Unchanged

Holder count: +2

Institutional value: +1.3%

Shares held: +6.0%

Top Buyers

vs Dec 31, 2025

Institution	Added	Now Holds
Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP	+7,871	12,619
Mid Valeo Financial Advisors, LLC	+5,689	17,278
Mega UBS Group AG	+2,822	3,122
Mega RAYMOND JAMES FINANCIAL INC	+2,246	6,779
Mid Allworth Financial LP	+2,051	5,678

Top Sellers

vs Dec 31, 2025

Institution	Sold	Now Holds
Large MERCER GLOBAL ADVISORS INC /ADV	−14,031	62,144
Mega ROYAL BANK OF CANADA	−9,332	18,465
Small Sepio Capital, LP	−1,591	6,717
Large TD Waterhouse Canada Inc.	−1,375	8,649
Small Strengthening Families & Communities, LLC	−906	4,150

Top New Positions

vs Dec 31, 2025

Institution	Acquired	Value (USD)
Mid RFG Advisory, LLC	31,121	$1,846,097
Mega JPMORGAN CHASE & CO	10,240	$607,436
Mega JANE STREET GROUP, LLC	6,333	$375,673
Mega ENVESTNET ASSET MANAGEMENT INC	5,341	$316,828
Mid Jaffetilchin Investment Partners, LLC	5,070	$300,752

Top Sold-Out Positions

vs Dec 31, 2025

Institution	Previously Held	Last Value (USD)
Mid WESBANCO BANK INC	10,614	$658,386
Small Brookwood Investment Group LLC	5,800	$359,774
Mid UNITED CAPITAL FINANCIAL ADVISORS, LLC	4,969	$308,227
Large NewEdge Advisors, LLC	3,899	$241,854
Small Main Street Financial Solutions, LLC	3,778	$234,349

Filter: New 11 Increased 23 Reduced 15 Sold out 9 Unchanged 5

Showing 54 of 54

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

GOLDMAN SACHS GROUP INC HLAL

$4,682,424

13.55%

78,935

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	78,935	$4,682,424	100.0%	Defined

MERCER GLOBAL ADVISORS INC /ADV HLAL

$3,686,382

10.67%

62,144

rebel Financial LLC HLAL

$3,548,819

10.27%

59,825

MISSION WEALTH MANAGEMENT, LP HLAL

$2,121,876

6.14%

35,770

Farther Finance Advisors, LLC HLAL

$2,090,080

6.05%

35,234

RFG Advisory, LLC HLAL

$1,846,097

5.34%

31,121

Sequoia Financial Advisors, LLC HLAL

$1,804,988

5.22%

30,428

ROYAL BANK OF CANADA HLAL

$1,095,343

3.17%

18,465

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	170	$10,084	0.9%	Defined
RBC Dominion Securities Inc.	16,982	$1,007,372	92.0%	Defined
RBC Private Counsel (USA) Inc.	1,313	$77,887	7.1%	Defined

Valeo Financial Advisors, LLC HLAL

$1,024,930

2.97%

17,278

Federation des caisses Desjardins du Quebec HLAL

$790,261

2.29%

13,322

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Desjardins Securities inc.	13,322	$790,261	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP HLAL

$748,559

2.17%

12,619

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	12,619	$748,559	100.0%	Other

Cetera Investment Advisers HLAL

$626,953

1.81%

10,569

CIBC WORLD MARKET INC. HLAL

$625,826

1.81%

10,550

JPMORGAN CHASE & CO HLAL

$607,436

1.76%

10,240

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities LLC	10,240	$607,436	100.0%	Defined

TD Waterhouse Canada Inc. HLAL

$513,058

1.48%

8,649

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	8,649	$513,058	100.0%	Defined

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO HLAL

$473,788

1.37%

7,987

Walkner Condon Financial Advisors LLC HLAL

$473,195

1.37%

7,977

MML INVESTORS SERVICES, LLC HLAL

$468,153

1.35%

7,892

COMPASS CAPITAL CORP /MA/ /ADV HLAL

$452,670

1.31%

7,631

Apollon Wealth Management, LLC HLAL

$450,298

1.30%

7,591

Purpose Unlimited Inc. HLAL

$442,408

1.28%

7,458

Snowden Capital Advisors LLC HLAL

$431,256

1.25%

7,270

RAYMOND JAMES FINANCIAL INC HLAL

$402,130

1.16%

6,779

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Raymond James Financial Services Advisors, Inc.	6,779	$402,130	100.0%	Defined

Sepio Capital, LP HLAL

$398,452

1.15%

6,717

JANE STREET GROUP, LLC HLAL

$375,673

1.09%

6,333

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	6,333	$375,673	100.0%	Defined

JONES FINANCIAL COMPANIES LLLP HLAL

$344,708

1.00%

5,811

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	5,811	$344,708	100.0%	Sole

Allworth Financial LP HLAL

$336,818

0.97%

5,678

ENVESTNET ASSET MANAGEMENT INC HLAL

$316,828

0.92%

5,341

Financial Engines Advisors L.L.C. HLAL

$307,752

0.89%

5,188

Jaffetilchin Investment Partners, LLC HLAL

$300,752

0.87%

5,070

BLVD Private Wealth, LLC HLAL

$268,838

0.78%

4,532

REGIONS FINANCIAL CORP HLAL

$259,465

0.75%

4,374

Strengthening Families & Communities, LLC HLAL

$246,178

0.71%

4,150

MONEY CONCEPTS CAPITAL CORP HLAL

$230,873

0.67%

3,892

PARK AVENUE SECURITIES LLC HLAL

$230,398

0.67%

3,884

1832 Asset Management L.P. HLAL

$225,890

0.65%

3,808

Mariner, LLC HLAL

$218,178

0.63%

3,678

UBS Group AG HLAL

$185,196

0.54%

3,122

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	300	$17,796	9.6%	Defined
UBS AG	51	$3,025	1.6%	Defined
UBS Securities LLC	2,771	$164,375	88.8%	Defined

BANK OF MONTREAL /CAN/ HLAL

$169,595

0.49%

2,859

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMO NESBITT BURNS INC.	2,859	$169,595	100.0%	Defined

Providence Capital Advisors, LLC HLAL

$130,919

0.38%

2,207

OSAIC HOLDINGS, INC. HLAL

$128,665

0.37%

2,169

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	2,169	$128,665	100.0%	Defined

Murphy & Mullick Capital Management Corp HLAL

$100,844

0.29%

1,700

Larson Financial Group LLC HLAL

$65,607

0.19%

1,106

IFP Advisors, Inc HLAL

$64,302

0.19%

1,084

Pacific Center for Financial Services HLAL

$58,014

0.17%

978

Qube Research & Technologies Ltd HLAL

$54,633

0.16%

921

MORGAN STANLEY HLAL

$53,150

0.15%

896

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	261	$15,482	29.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	635	$37,668	70.9%	Defined

Steward Partners Investment Advisory, LLC HLAL

$44,845

0.13%

756

CWM, LLC HLAL

$6,703

0.02%

113

AE Wealth Management LLC HLAL

$5,042

0.01%

WELLS FARGO & COMPANY/MN HLAL

$4,982

0.01%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO CLEARING SERVICES, LLC	84	$4,982	100.0%	Defined

Advisory Services Network, LLC HLAL

$4,745

0.01%

MAI Capital Management HLAL

$3,915

0.01%

FMR LLC HLAL

$1,601

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STRATEGIC ADVISERS LLC	26	$1,542	96.3%	Defined
Held directly	1	$59	3.7%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
United Capital Financial Partners, LLC	4,969	$308,227	100.0%	Defined

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BOFA SECURITIES, INC.	75	$4,652	100.0%	Defined