JPMorgan Ultra-Short Municipal Income ETF
JMST
168 hedge funds and large institutions have $662M invested in JPMorgan Ultra-Short Municipal Income ETF in 2020 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 80 increasing their positions, 23 reducing their positions, and 14 closing their positions.
314% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 14
248% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 23
100% more funds holding in top 10
Funds holding in top 10: 5 → 10 (+5)
81% more capital invested
Capital invested by funds: $366M → $662M (+$296M)
32% more funds holding
Funds holding: 127 → 168 (+41)
2.72% more ownership
Funds ownership: 56.95% → 59.67% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HB
Homrich & Berg
Atlanta,
Georgia
|
+$68.4M |
| 2 |
TC
TownSquare Capital
Provo,
Utah
|
+$50.1M |
| 3 |
OCM
One Capital Management
Westlake Village,
California
|
+$16.2M |
| 4 |
PP
Palladium Partners
Norfolk,
Virginia
|
+$9.86M |
| 5 |
KA
Klingman & Associates
New York
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.65M |
| 2 |
RCM
Requisite Capital Management
Dallas,
Texas
|
-$4.09M |
| 3 |
COF
Capital One Financial
Mclean,
Virginia
|
-$1.11M |
| 4 |
REMPR
Roof Eidam Maycock Peralta (REMP)
San Francisco,
California
|
-$1.02M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$813K |
JMST Hedge Fund Activity: Q4 2020 in Review
168 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q4 2020, worth a combined $662M — up 81% from $366M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new JMST positions and 14 closed out — a net gain of 44 holders — while 80 added to existing stakes and 23 trimmed.
The largest buyer was Homrich & Berg, opening a new position worth an estimated $68.4M. The largest seller was UBS Group, cutting an estimated $4.65M.
- 168 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2020, up from 127 in Q3 2020.
- Funds reported $662M of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2020, up 81% quarter-over-quarter.
- 58 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q4 2020 and 14 closed out, a net change of +44 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q4 2020 was Homrich & Berg, an estimated $68.4M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q4 2020 was UBS Group, an estimated $4.65M sold.
Based on aggregated 13F filings for Q4 2020.