Wahed Dow Jones Islamic World ETF
UMMA
8 hedge funds and large institutions have $3.45M invested in Wahed Dow Jones Islamic World ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
59% more capital invested
Capital invested by funds: $2.17M → $3.45M (+$1.28M)
14% more funds holding
Funds holding: 7 → 8 (+1)
1.79% more ownership
Funds ownership: 6.38% → 8.17% (+1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$820K |
| 2 |
Jane Street
New York
|
+$710K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$433K |
| 4 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$169K |
| 5 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.21M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $976K | +$710K | +34,123 | +297% |
|
|
EWM
2
Empirical Wealth Management
Seattle,
Washington
| $843K | +$820K | +39,400 | New |
|
|
AWM
3
Apollon Wealth Management
Mount Pleasant,
South Carolina
| $535K | +$169K | +8,132 | +48% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $471K | +$433K | +20,788 | +1,696% |
|
|
IA
5
IFG Advisors
St. Louis,
Missouri
| $256K | +$62 | +3 | +0% |
|
|
TWC
6
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $207K | +$163K | +7,830 | New |
|
|
YDMI
7
Y.D. More Investments
Ramat Gan,
Israel
| $158K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $770 | -$1.15K | -55 | -60% |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$1.21M | -62,597 | Closed |
|
UMMA Hedge Fund Activity: Q1 2023 in Review
8 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q1 2023, worth a combined $3.45M — up 59% from $2.17M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new UMMA positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Empirical Wealth Management, opening a new position worth an estimated $820K. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.21M sold.
- 8 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q1 2023, up from 7 in Q4 2022.
- Funds reported $3.45M of Wahed Dow Jones Islamic World ETF stock for Q1 2023, up 59% quarter-over-quarter.
- 2 funds opened new Wahed Dow Jones Islamic World ETF positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest Wahed Dow Jones Islamic World ETF buyer in Q1 2023 was Empirical Wealth Management, an estimated $820K added.
- The largest Wahed Dow Jones Islamic World ETF seller in Q1 2023 was Citadel Advisors, an estimated $1.21M sold.
Based on aggregated 13F filings for Q1 2023.