JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
8 hedge funds and large institutions have $34.3M invested in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
6.31% less ownership
Funds ownership: 86.53% → 80.21% (-6.3%)
7% less capital invested
Capital invested by funds: $37M → $34.3M (-$2.66M)
11% less funds holding
Funds holding: 9 → 8 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.17M |
| 2 |
GL
Graypoint LLC
Albany,
New York
|
+$324K |
| 3 |
PWMG
Prestige Wealth Management Group
Flemington,
New Jersey
|
+$62.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$57K |
| 5 |
JP Morgan Chase
New York
|
+$11.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$3.95M |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$3.03M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$768K |
| 4 |
ECM
ETrade Capital Management
Arlington,
Virginia
|
-$282K |
| 5 |
ACA
Atlas Capital Advisors
Jackson,
Wyoming
|
-$255K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $28.3M | +$11.9K | +207 | +0% |
|
|
2
Jane Street
New York
| $5.51M | +$5.17M | +89,539 | +1,280% |
|
|
GL
3
Graypoint LLC
Albany,
New York
| $321K | +$324K | +5,618 | New |
|
|
PWMG
4
Prestige Wealth Management Group
Flemington,
New Jersey
| $152K | +$62.4K | +1,081 | +68% |
|
|
5
UBS Group
Zurich,
Switzerland
| $56K | +$57K | +988 | New |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | -$10.1K | -175 | -16% |
|
|
MPWT
7
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $8K | -$3.03M | -52,490 | -100% |
|
|
CW
8
CreativeOne Wealth
Overland Park,
Kansas
| – | -$3.95M | -69,263 | Closed |
|
|
GM
9
GeoWealth Management
Chicago,
Illinois
| – | -$768K | -13,425 | Closed |
|
|
ECM
10
ETrade Capital Management
Arlington,
Virginia
| – | -$282K | -4,953 | Closed |
|
|
ACA
11
Atlas Capital Advisors
Jackson,
Wyoming
| – | -$255K | -4,468 | Closed |
|
12
Wells Fargo
San Francisco,
California
| – | +$58 | +1 | New |
|
BBCB Hedge Fund Activity: Q3 2020 in Review
8 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) for Q3 2020, worth a combined $34.3M — down 7.2% from $37M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BBCB and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $5.17M. The largest seller was CreativeOne Wealth, exiting entirely with an estimated $3.95M sold.
- 8 institutional investors held JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) as of Q3 2020, down from 9 in Q2 2020.
- Funds reported $34.3M of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF stock for Q3 2020, down 7.2% quarter-over-quarter.
- 3 funds opened new JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF positions in Q3 2020 and 4 closed out, a net change of -1 holder.
- The largest JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF buyer in Q3 2020 was Jane Street, an estimated $5.17M added.
- The largest JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF seller in Q3 2020 was CreativeOne Wealth, an estimated $3.95M sold.
Based on aggregated 13F filings for Q3 2020.