Wahed Dow Jones Islamic World ETF
UMMA
11 hedge funds and large institutions have $3.94M invested in Wahed Dow Jones Islamic World ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
38% more funds holding
Funds holding: 8 → 11 (+3)
28% more capital invested
Capital invested by funds: $3.08M → $3.94M (+$855K)
1.51% more ownership
Funds ownership: 6.59% → 8.1% (+1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$58.1K |
| 2 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$36.5K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$23.2K |
| 4 |
PCA
Providence Capital Advisors
Charlotte,
North Carolina
|
+$6.81K |
| 5 |
IA
IFG Advisors
St. Louis,
Missouri
|
+$5.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$769K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$44K |
| 3 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
-$42.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
S
1
ShariaPortfolio
Lake Mary,
Florida
| $1.8M | +$1.91M | +89,642 | New |
|
|
EWM
2
Empirical Wealth Management
Seattle,
Washington
| $849K | – | – | – |
|
|
AWM
3
Apollon Wealth Management
Mount Pleasant,
South Carolina
| $643K | +$58.1K | +2,723 | +9% |
|
|
IA
4
IFG Advisors
St. Louis,
Missouri
| $248K | +$5.95K | +279 | +2% |
|
|
YDMI
5
Y.D. More Investments
Ramat Gan,
Israel
| $149K | – | – | – |
|
|
TWC
6
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $145K | -$42.7K | -2,000 | -26% |
|
|
FFA
7
Farther Finance Advisors
San Francisco,
California
| $43.7K | +$36.5K | +1,710 | +369% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $24K | -$769K | -36,020 | -97% |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $21.9K | +$23.2K | +1,089 | New |
|
|
PCA
10
Providence Capital Advisors
Charlotte,
North Carolina
| $6.42K | +$6.81K | +319 | New |
|
|
LFG
11
Larson Financial Group
St Louis,
Missouri
| $4.43K | +$4.69K | +220 | New |
|
|
12
Osaic Holdings
Scottsdale,
Arizona
| – | -$44K | -1,997 | Closed |
|
UMMA Hedge Fund Activity: Q3 2023 in Review
11 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q3 2023, worth a combined $3.94M — up 28% from $3.08M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new UMMA positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Apollon Wealth Management, adding an estimated $58.1K. The largest seller was Royal Bank of Canada, cutting an estimated $769K.
- 11 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q3 2023, up from 8 in Q2 2023.
- Funds reported $3.94M of Wahed Dow Jones Islamic World ETF stock for Q3 2023, up 28% quarter-over-quarter.
- 4 funds opened new Wahed Dow Jones Islamic World ETF positions in Q3 2023 and 1 closed out, a net change of +3 holders.
- The largest Wahed Dow Jones Islamic World ETF buyer in Q3 2023 was Apollon Wealth Management, an estimated $58.1K added.
- The largest Wahed Dow Jones Islamic World ETF seller in Q3 2023 was Royal Bank of Canada, an estimated $769K sold.
Based on aggregated 13F filings for Q3 2023.