JPMorgan Ultra-Short Municipal Income ETF
JMST
323 hedge funds and large institutions have $2.13B invested in JPMorgan Ultra-Short Municipal Income ETF in 2022 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 115 increasing their positions, 125 reducing their positions, and 25 closing their positions.
88% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 25
13% more funds holding in top 10
Funds holding in top 10: 23 → 26 (+3)
7% more funds holding
Funds holding: 302 → 323 (+21)
8% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 125
7.06% less ownership
Funds ownership: 80.84% → 73.78% (-7.1%)
21% less capital invested
Capital invested by funds: $2.68B → $2.13B (-$552M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$46.1M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$23M |
| 3 |
DOA
D'Orazio & Associates
Falls Church,
Virginia
|
+$18.2M |
| 4 |
RCA
Resonant Capital Advisors
Madison,
Wisconsin
|
+$16.3M |
| 5 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$658M |
| 2 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
-$47.7M |
| 3 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
-$7.09M |
| 4 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$6.72M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.87M |
JMST Hedge Fund Activity: Q3 2022 in Review
323 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q3 2022, worth a combined $2.13B — down 21% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new JMST positions and 25 closed out — a net gain of 22 holders — while 115 added to existing stakes and 125 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $46.1M. The largest seller was Bank of America, cutting an estimated $658M.
- 323 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q3 2022, up from 302 in Q2 2022.
- Funds reported $2.13B of JPMorgan Ultra-Short Municipal Income ETF stock for Q3 2022, down 21% quarter-over-quarter.
- 47 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q3 2022 and 25 closed out, a net change of +22 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q3 2022 was Jane Street, an estimated $46.1M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q3 2022 was Bank of America, an estimated $658M sold.
Based on aggregated 13F filings for Q3 2022.