JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
34 hedge funds and large institutions have $743M invested in JPMorgan BetaBuilders MSCI US REIT ETF in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 10 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
17.37% more ownership
Funds ownership: 85.89% → 103.26% (+17%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less capital invested
Capital invested by funds: $813M → $743M (-$70.4M)
13% less funds holding
Funds holding: 39 → 34 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
|
+$10.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$8.33M |
| 3 |
APCM
Alaska Permanent Capital Management
Anchorage,
Alaska
|
+$5.6M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$4.67M |
| 5 |
Goldman Sachs
New York
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$124M |
| 2 |
Jane Street
New York
|
-$1.33M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$707K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$520K |
| 5 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$224K |
BBRE Hedge Fund Activity: Q1 2023 in Review
34 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) for Q1 2023, worth a combined $743M — down 8.7% from $813M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BBRE and 5 opened new positions — a net loss of 5 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was University of Texas/Texas AM Investment Management Co (UTIMCO), adding an estimated $10.2M. The largest seller was JP Morgan Chase, cutting an estimated $124M.
- 34 institutional investors held JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) as of Q1 2023, down from 39 in Q4 2022.
- Funds reported $743M of JPMorgan BetaBuilders MSCI US REIT ETF stock for Q1 2023, down 8.7% quarter-over-quarter.
- 5 funds opened new JPMorgan BetaBuilders MSCI US REIT ETF positions in Q1 2023 and 10 closed out, a net change of -5 holders.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF buyer in Q1 2023 was University of Texas/Texas AM Investment Management Co (UTIMCO), an estimated $10.2M added.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF seller in Q1 2023 was JP Morgan Chase, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2023.