JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
39 hedge funds and large institutions have $813M invested in JPMorgan BetaBuilders MSCI US REIT ETF in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | 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
11% more funds holding
Funds holding: 35 → 39 (+4)
2% less capital invested
Capital invested by funds: $831M → $813M (-$18.2M)
7.56% less ownership
Funds ownership: 93.45% → 85.89% (-7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$3.22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.85M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.59M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$1.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$23.5M |
| 2 |
Morgan Stanley
New York
|
-$22.3M |
| 3 |
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
|
-$14.1M |
| 4 |
JP Morgan Chase
New York
|
-$2.05M |
| 5 |
IAN
Integrated Advisors Network
Dallas,
Texas
|
-$1.15M |
BBRE Hedge Fund Activity: Q4 2022 in Review
39 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) for Q4 2022, worth a combined $813M — down 2.2% from $831M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BBRE positions and 3 closed out — a net gain of 4 holders — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Global Endowment Management, adding an estimated $3.22M. The largest seller was Victory Capital Management, exiting entirely with an estimated $23.5M sold.
- 39 institutional investors held JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) as of Q4 2022, up from 35 in Q3 2022.
- Funds reported $813M of JPMorgan BetaBuilders MSCI US REIT ETF stock for Q4 2022, down 2.2% quarter-over-quarter.
- 7 funds opened new JPMorgan BetaBuilders MSCI US REIT ETF positions in Q4 2022 and 3 closed out, a net change of +4 holders.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF buyer in Q4 2022 was Global Endowment Management, an estimated $3.22M added.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF seller in Q4 2022 was Victory Capital Management, an estimated $23.5M sold.
Based on aggregated 13F filings for Q4 2022.