JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BBHY
100 hedge funds and large institutions have $450M invested in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 28 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
43% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 28
12% more funds holding
Funds holding: 89 → 100 (+11)
7% more capital invested
Capital invested by funds: $419M → $450M (+$30.4M)
1.58% more ownership
Funds ownership: 90.57% → 92.15% (+1.6%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$25.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$11.8M |
| 3 |
JP Morgan Chase
New York
|
+$7.51M |
| 4 |
BlackRock
New York
|
+$6.67M |
| 5 |
Goldman Sachs
New York
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$11M |
| 2 |
NAS
Nicolet Advisory Services
Green Bay,
Wisconsin
|
-$4.89M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$3.91M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.27M |
| 5 |
Jane Street
New York
|
-$3.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Wells Fargo
San Francisco,
California
| $7 | -$44 | -1 | Closed |
|
|
102
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
| – | -$11M | -250,000 | Closed |
|
|
OMC
103
Old Mission Capital
Chicago,
Illinois
| – | -$2.81M | -64,093 | Closed |
|
|
TGAM
104
TBH Global Asset Management
Brentwood,
Tennessee
| – | -$765K | -17,434 | Closed |
|
|
CSPIA
105
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$2.19K | -50 | Closed |
|
|
GA
106
GoalVest Advisory
New York
| – | -$1.23K | -28 | Closed |
|
BBHY Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) for Q4 2023, worth a combined $450M — up 7.3% from $419M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BBHY positions and 6 closed out — a net gain of 13 holders — while 40 added to existing stakes and 28 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $25.9M. The largest seller was State of New Jersey Common Pension Fund D, exiting entirely with an estimated $11M sold.
- 100 institutional investors held JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) as of Q4 2023, up from 89 in Q3 2023.
- Funds reported $450M of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF stock for Q4 2023, up 7.3% quarter-over-quarter.
- 19 funds opened new JPMorgan BetaBuilders USD High Yield Corporate Bond ETF positions in Q4 2023 and 6 closed out, a net change of +13 holders.
- The largest JPMorgan BetaBuilders USD High Yield Corporate Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $25.9M added.
- The largest JPMorgan BetaBuilders USD High Yield Corporate Bond ETF seller in Q4 2023 was State of New Jersey Common Pension Fund D, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2023.