Wahed Dow Jones Islamic World ETF
UMMA
8 hedge funds and large institutions have $3.08M invested in Wahed Dow Jones Islamic World ETF in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
1.58% less ownership
Funds ownership: 8.17% → 6.59% (-1.6%)
11% less capital invested
Capital invested by funds: $3.45M → $3.08M (-$363K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$328K |
| 2 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$90.9K |
| 3 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$60.3K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$43.1K |
| 5 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$9.99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$976K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$770 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
1
Empirical Wealth Management
Seattle,
Washington
| $929K | +$60.3K | +2,793 | +7% |
|
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $819K | +$328K | +15,206 | +69% |
|
|
AWM
3
Apollon Wealth Management
Mount Pleasant,
South Carolina
| $643K | +$90.9K | +4,213 | +17% |
|
|
IA
4
IFG Advisors
St. Louis,
Missouri
| $265K | +$1.45K | +67 | +0.6% |
|
|
TWC
5
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $211K | – | – | – |
|
|
YDMI
6
Y.D. More Investments
Ramat Gan,
Israel
| $163K | – | – | – |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $44K | +$43.1K | +1,997 | New |
|
|
FFA
8
Farther Finance Advisors
San Francisco,
California
| $10.2K | +$9.99K | +463 | New |
|
|
9
Jane Street
New York
| – | -$976K | -45,610 | Closed |
|
|
10
UBS Group
Zurich,
Switzerland
| – | -$770 | -36 | Closed |
|
UMMA Hedge Fund Activity: Q2 2023 in Review
8 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q2 2023, worth a combined $3.08M — down 11% from $3.45M a quarter earlier.
Fund positioning in UMMA was balanced in Q2 2023: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 0 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $328K. The largest seller was Jane Street, exiting entirely with an estimated $976K sold.
- 8 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $3.08M of Wahed Dow Jones Islamic World ETF stock for Q2 2023, down 11% quarter-over-quarter.
- 2 funds opened new Wahed Dow Jones Islamic World ETF positions in Q2 2023 and 2 closed out, a net change of 0 holders.
- The largest Wahed Dow Jones Islamic World ETF buyer in Q2 2023 was Royal Bank of Canada, an estimated $328K added.
- The largest Wahed Dow Jones Islamic World ETF seller in Q2 2023 was Jane Street, an estimated $976K sold.
Based on aggregated 13F filings for Q2 2023.