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Wahed Dow Jones Islamic World ETF
UMMA

19 hedge funds and large institutions have $9.66M invested in Wahed Dow Jones Islamic World ETF in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more capital invested

Capital invested by funds: $3.94M → $9.66M (+$5.72M)

73% more funds holding

Funds holding: 11 → 19 (+8)

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

7.86% more ownership

Funds ownership: 8.1% → 15.96% (+7.9%)

Holders
19
Holders Change
+8
Holders Change %
+72.73%
% of All Funds
0.28%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
4
Reduced
3
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$3.28M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.31M
3
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
+$731K
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$495K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$364K

Top Sellers

Rank Fund Capital Flow
1
S
ShariaPortfolio
Florida
-$1.59M
2
AWM
Apollon Wealth Management
South Carolina
-$256K
3
IA
IFG Advisors
Missouri
-$68.5K
Name Holding Trade Value Shares
Change 		Change in
Stake
Jane Street
1
Jane Street
New York
$3.55M +$3.28M +155,940 New
Citadel Advisors
2
Citadel Advisors
Florida
$1.42M +$1.31M +62,333 New
EWM
3
Empirical Wealth Management
Washington
$961K – – –
Wealth Enhancement Advisory Services
4
Wealth Enhancement Advisory Services
Minnesota
$793K +$731K +34,807 New
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$537K +$495K +23,568 New
AWM
6
Apollon Wealth Management
South Carolina
$450K -$256K -12,192 -38%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$394K +$364K +17,307 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$372K +$318K +15,132 +1,261%
S
9
ShariaPortfolio
Florida
$314K -$1.59M -75,851 -85%
IA
10
IFG Advisors
Missouri
$206K -$68.5K -3,261 -26%
Truist Financial
11
Truist Financial
North Carolina
$201K +$186K +8,843 New
YDMI
12
Y.D. More Investments
Israel
$169K – – –
TWC
13
TD Waterhouse Canada
Ontario, Canada
$159K – – –
FFA
14
Farther Finance Advisors
California
$80.6K +$28.7K +1,367 +63%
IA
15
IFP Advisors
Florida
$25.9K +$988 +47 +4%
PCA
16
Providence Capital Advisors
North Carolina
$19.4K +$11.2K +533 +167%
LFG
17
Larson Financial Group
Missouri
$5.01K – – –
UBS Group
18
UBS Group
Switzerland
$1.89K +$1.74K +83 New
Morgan Stanley
19
Morgan Stanley
New York
$60 +$42 +2 New

UMMA Hedge Fund Activity: Q4 2023 in Review

19 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q4 2023, worth a combined $9.66M — up 145% from $3.94M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new UMMA positions and 0 closed out — a net gain of 8 holders — while 4 added to existing stakes and 3 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $3.28M. The largest seller was ShariaPortfolio, cutting an estimated $1.59M.

  • 19 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q4 2023, up from 11 in Q3 2023.
  • Funds reported $9.66M of Wahed Dow Jones Islamic World ETF stock for Q4 2023, up 145% quarter-over-quarter.
  • 8 funds opened new Wahed Dow Jones Islamic World ETF positions in Q4 2023 and 0 closed out, a net change of +8 holders.
  • The largest Wahed Dow Jones Islamic World ETF buyer in Q4 2023 was Jane Street, an estimated $3.28M added.
  • The largest Wahed Dow Jones Islamic World ETF seller in Q4 2023 was ShariaPortfolio, an estimated $1.59M sold.

Based on aggregated 13F filings for Q4 2023.