JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
43 hedge funds and large institutions have $784M invested in JPMorgan BetaBuilders MSCI US REIT ETF in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
23% more funds holding
Funds holding: 35 → 43 (+8)
12% more capital invested
Capital invested by funds: $700M → $784M (+$83.6M)
7.84% less ownership
Funds ownership: 99.73% → 91.89% (-7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.5M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$10.9M |
| 3 |
FWM
Fortress Wealth Management
Culver City,
California
|
+$2.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$29.1M |
| 2 |
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
|
-$15.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.02M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$3.25M |
| 5 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
-$1.04M |
BBRE Hedge Fund Activity: Q4 2023 in Review
43 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) for Q4 2023, worth a combined $784M — up 12% from $700M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BBRE positions and 3 closed out — a net gain of 8 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $16.5M. The largest seller was JP Morgan Chase, cutting an estimated $29.1M.
- 43 institutional investors held JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) as of Q4 2023, up from 35 in Q3 2023.
- Funds reported $784M of JPMorgan BetaBuilders MSCI US REIT ETF stock for Q4 2023, up 12% quarter-over-quarter.
- 11 funds opened new JPMorgan BetaBuilders MSCI US REIT ETF positions in Q4 2023 and 3 closed out, a net change of +8 holders.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF buyer in Q4 2023 was Morgan Stanley, an estimated $16.5M added.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF seller in Q4 2023 was JP Morgan Chase, an estimated $29.1M sold.
Based on aggregated 13F filings for Q4 2023.