Wahed Dow Jones Islamic World ETF
UMMA
15 hedge funds and large institutions have $6.47M invested in Wahed Dow Jones Islamic World ETF in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
1.33% less ownership
Funds ownership: 8.21% → 6.87% (-1.3%)
8% less capital invested
Capital invested by funds: $7.03M → $6.47M (-$563K)
12% less funds holding
Funds holding: 17 → 15 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$1.02M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$729K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$570K |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$70.8K |
| 5 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$24.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.88M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$675K |
| 3 |
Jane Street
New York
|
-$462K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$65.7K |
| 5 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$43K |
UMMA Hedge Fund Activity: Q2 2024 in Review
15 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Wahed Dow Jones Islamic World ETF (UMMA) for Q2 2024, worth a combined $6.47M — down 8% from $7.03M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of UMMA and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was RFG Advisory, opening a new position worth an estimated $1.02M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.88M sold.
- 15 institutional investors held Wahed Dow Jones Islamic World ETF (UMMA) as of Q2 2024, down from 17 in Q1 2024.
- Funds reported $6.47M of Wahed Dow Jones Islamic World ETF stock for Q2 2024, down 8% quarter-over-quarter.
- 2 funds opened new Wahed Dow Jones Islamic World ETF positions in Q2 2024 and 4 closed out, a net change of -2 holders.
- The largest Wahed Dow Jones Islamic World ETF buyer in Q2 2024 was RFG Advisory, an estimated $1.02M added.
- The largest Wahed Dow Jones Islamic World ETF seller in Q2 2024 was Citadel Advisors, an estimated $1.88M sold.
Based on aggregated 13F filings for Q2 2024.