JPMorgan BetaBuilders Japan ETF
BBJP
85 hedge funds and large institutions have $2.31B invested in JPMorgan BetaBuilders Japan ETF in 2020 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 28 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2.11% more ownership
Funds ownership: 45.93% → 48.04% (+2.1%)
7% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 28
11% less funds holding
Funds holding: 95 → 85 (-10)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
43% less capital invested
Capital invested by funds: $4.03B → $2.31B (-$1.73B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$74.6M |
| 2 |
MIM
Morningstar Investment Management
Chicago,
Illinois
|
+$34.6M |
| 3 |
Barclays
London,
United Kingdom
|
+$24.9M |
| 4 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
+$19.9M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.24B |
| 2 |
3AM
3EDGE Asset Management
Naples,
Florida
|
-$45.9M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$29M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.9M |
| 5 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$9.52M |
BBJP Hedge Fund Activity: Q1 2020 in Review
85 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders Japan ETF (BBJP) for Q1 2020, worth a combined $2.31B — down 43% from $4.03B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of BBJP and 21 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 26 added.
The largest buyer was Municipal Employees' Retirement System of Michigan, opening a new position worth an estimated $74.6M. The largest seller was JP Morgan Chase, cutting an estimated $1.24B.
- 85 institutional investors held JPMorgan BetaBuilders Japan ETF (BBJP) as of Q1 2020, down from 95 in Q4 2019.
- Funds reported $2.31B of JPMorgan BetaBuilders Japan ETF stock for Q1 2020, down 43% quarter-over-quarter.
- 21 funds opened new JPMorgan BetaBuilders Japan ETF positions in Q1 2020 and 28 closed out, a net change of -7 holders.
- The largest JPMorgan BetaBuilders Japan ETF buyer in Q1 2020 was Municipal Employees' Retirement System of Michigan, an estimated $74.6M added.
- The largest JPMorgan BetaBuilders Japan ETF seller in Q1 2020 was JP Morgan Chase, an estimated $1.24B sold.
Based on aggregated 13F filings for Q1 2020.