Wahed Dow Jones Islamic World ETF
UMMA
17 hedge funds and large institutions have $7.03M invested in Wahed Dow Jones Islamic World ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
7.76% less ownership
Funds ownership: 15.96% → 8.21% (-7.8%)
11% less funds holding
Funds holding: 19 → 17 (-2)
27% less capital invested
Capital invested by funds: $9.66M → $7.03M (-$2.63M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$387K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$369K |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$198K |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$55.6K |
| 5 |
YDMI
Y.D. More Investments
Ramat Gan,
Israel
|
+$47.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.17M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$352K |
| 3 |
S
ShariaPortfolio
Lake Mary,
Florida
|
-$314K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$201K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$94.8K |
UMMA Hedge Fund Activity: Q1 2024 in Review
17 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q1 2024, worth a combined $7.03M — down 27% from $9.66M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UMMA and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $387K. The largest seller was Jane Street, cutting an estimated $3.17M.
- 17 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q1 2024, down from 19 in Q4 2023.
- Funds reported $7.03M of Wahed Dow Jones Islamic World ETF stock for Q1 2024, down 27% quarter-over-quarter.
- 1 fund opened new Wahed Dow Jones Islamic World ETF positions in Q1 2024 and 3 closed out, a net change of -2 holders.
- The largest Wahed Dow Jones Islamic World ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $387K added.
- The largest Wahed Dow Jones Islamic World ETF seller in Q1 2024 was Jane Street, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2024.