JPMorgan BetaBuilders MSCI US REIT ETF
BBRE
30 hedge funds and large institutions have $705M invested in JPMorgan BetaBuilders MSCI US REIT ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 9 closing their positions.
5% less capital invested
Capital invested by funds: $743M → $705M (-$38.4M)
10.01% less ownership
Funds ownership: 103.26% → 93.25% (-10%)
12% less funds holding
Funds holding: 34 → 30 (-4)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$652K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$262K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$260K |
| 4 |
VCM
Versant Capital Management
Phoenix,
Arizona
|
+$202K |
| 5 |
IWP
IAG Wealth Partners
Waukesha,
Wisconsin
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.1M |
| 2 |
APCM
Alaska Permanent Capital Management
Anchorage,
Alaska
|
-$10.3M |
| 3 |
UOTTAIMCU
University of Texas/Texas AM Investment Management Co (UTIMCO)
Austin,
Texas
|
-$7.73M |
| 4 |
AWA
Alaska Wealth Advisors
Anchorage,
Alaska
|
-$5.31M |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$3.36M |
BBRE Hedge Fund Activity: Q2 2023 in Review
30 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) for Q2 2023, worth a combined $705M — down 5.2% from $743M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BBRE and 5 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Bank of America, adding an estimated $652K. The largest seller was Morgan Stanley, cutting an estimated $15.1M.
- 30 institutional investors held JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) as of Q2 2023, down from 34 in Q1 2023.
- Funds reported $705M of JPMorgan BetaBuilders MSCI US REIT ETF stock for Q2 2023, down 5.2% quarter-over-quarter.
- 5 funds opened new JPMorgan BetaBuilders MSCI US REIT ETF positions in Q2 2023 and 9 closed out, a net change of -4 holders.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF buyer in Q2 2023 was Bank of America, an estimated $652K added.
- The largest JPMorgan BetaBuilders MSCI US REIT ETF seller in Q2 2023 was Morgan Stanley, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2023.