JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
35 hedge funds and large institutions have $700M invested in JPMorgan BetaBuilders MSCI US REIT ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
17% more funds holding
Funds holding: 30 → 35 (+5)
6.48% more ownership
Funds ownership: 93.25% → 99.73% (+6.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $705M → $700M (-$4.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$16.8M |
| 2 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$9.7M |
| 3 |
JP Morgan Chase
New York
|
+$9.29M |
| 4 |
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
|
+$7.43M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.39M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$611K |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$298K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$239K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
UBS Group
Zurich,
Switzerland
| $25.4K | -$239K | -2,845 | -90% |
|
|
SIS
27
Sound Income Strategies
Ft Lauderdale,
Florida
| $21.8K | -$1.59K | -19 | -6% |
|
|
FFA
28
Founders Financial Alliance
Raleigh,
North Carolina
| $11.4K | – | – | – |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $9.26K | – | – | – |
|
|
SSB
30
Sandy Spring Bank
Olney,
Maryland
| $3.89K | +$4.2K | +50 | New |
|
|
IRC
31
Investors Research Corp
Atlanta,
Georgia
| $2.88K | +$756 | +9 | +32% |
|
32
Comerica Bank
Dallas,
Texas
| $1.79K | +$1.93K | +23 | New |
|
33
AssetMark Inc
Concord,
California
| $156 | -$53.6K | -638 | -100% |
|
|
LFG
34
Larson Financial Group
St Louis,
Missouri
| $78 | – | – | – |
|
35
Fidelity Investments
Boston,
Massachusetts
| $78 | +$84 | +1 | New |
|
36
Wells Fargo
San Francisco,
California
| – | -$79.3K | -939 | Closed |
|
|
CA
37
Clearstead Advisors
Cleveland,
Ohio
| – | -$12.7K | -150 | Closed |
|
BBRE Hedge Fund Activity: Q3 2023 in Review
35 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) for Q3 2023, worth a combined $700M — down 0.59% from $705M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BBRE positions and 2 closed out — a net gain of 5 holders — while 15 added to existing stakes and 8 trimmed.
The largest buyer was State of Tennessee, Department of Treasury, opening a new position worth an estimated $16.8M. The largest seller was Morgan Stanley, cutting an estimated $3.39M.
- 35 institutional investors held JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) as of Q3 2023, up from 30 in Q2 2023.
- Funds reported $700M of JPMorgan BetaBuilders MSCI US REIT ETF stock for Q3 2023, down 0.59% quarter-over-quarter.
- 7 funds opened new JPMorgan BetaBuilders MSCI US REIT ETF positions in Q3 2023 and 2 closed out, a net change of +5 holders.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF buyer in Q3 2023 was State of Tennessee, Department of Treasury, an estimated $16.8M added.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF seller in Q3 2023 was Morgan Stanley, an estimated $3.39M sold.
Based on aggregated 13F filings for Q3 2023.