JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
BBCB
13 hedge funds and large institutions have $29.3M invested in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 0 closing their positions.
8% more funds holding
Funds holding: 12 → 13 (+1)
11.74% less ownership
Funds ownership: 88.89% → 77.15% (-12%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
37% less capital invested
Capital invested by funds: $46.8M → $29.3M (-$17.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.13M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$550K |
| 3 |
FIM
FWL Investment Management
Dallas,
Texas
|
+$25.2K |
| 4 |
Morgan Stanley
New York
|
+$24.8K |
| 5 |
GL
Graypoint LLC
Albany,
New York
|
+$798 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$12.2M |
| 2 |
Jane Street
New York
|
-$4.03M |
| 3 |
JE
JMAC Enterprises
Newtown,
Pennsylvania
|
-$403K |
| 4 |
LPL Financial
San Diego,
California
|
-$143K |
| 5 |
LSA
Lion Street Advisors
Austin,
Texas
|
-$105K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $9.53M | -$12.2M | -275,549 | -56% |
|
|
2
Truist Financial
Charlotte,
North Carolina
| $5.04M | +$550K | +12,403 | +12% |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $4.7M | +$1.13M | +25,591 | +31% |
|
|
FIM
4
Freedom Investment Management
Hartford,
Connecticut
| $3.41M | -$60.9K | -1,374 | -2% |
|
|
5
LPL Financial
San Diego,
California
| $2.27M | -$143K | -3,232 | -6% |
|
|
JE
6
JMAC Enterprises
Newtown,
Pennsylvania
| $1.63M | -$403K | -9,087 | -19% |
|
|
7
Jane Street
New York
| $956K | -$4.03M | -90,847 | -80% |
|
|
GL
8
Graypoint LLC
Albany,
New York
| $911K | +$798 | +18 | +0.1% |
|
|
LSA
9
Lion Street Advisors
Austin,
Texas
| $616K | -$105K | -2,359 | -14% |
|
|
10
Morgan Stanley
New York
| $223K | +$24.8K | +559 | +12% |
|
|
FIM
11
FWL Investment Management
Dallas,
Texas
| $24.5K | +$25.2K | +568 | New |
|
|
RIA
12
Realta Investment Advisors
Wilmington,
Delaware
| $17.4K | – | – | – |
|
|
FGAM
13
Financial Gravity Asset Management
Lakeway,
Texas
| $2.19K | +$310 | +7 | +16% |
|
14
Wells Fargo
San Francisco,
California
| $12 | – | – | – |
|
BBCB Hedge Fund Activity: Q3 2023 in Review
13 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) for Q3 2023, worth a combined $29.3M — down 37% from $46.8M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new BBCB positions and 0 closed out — a net gain of 1 holder — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.13M. The largest seller was JP Morgan Chase, cutting an estimated $12.2M.
- 13 institutional investors held JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) as of Q3 2023, up from 12 in Q2 2023.
- Funds reported $29.3M of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF stock for Q3 2023, down 37% quarter-over-quarter.
- 1 fund opened new JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF positions in Q3 2023 and 0 closed out, a net change of +1 holder.
- The largest JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF buyer in Q3 2023 was Envestnet Asset Management, an estimated $1.13M added.
- The largest JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF seller in Q3 2023 was JP Morgan Chase, an estimated $12.2M sold.
Based on aggregated 13F filings for Q3 2023.