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JPMorgan Ultra-Short Municipal Income ETF

388 hedge funds and large institutions have $2.01B invested in JPMorgan Ultra-Short Municipal Income ETF in 2023 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 123 increasing their positions, 152 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 40

8% more funds holding

Funds holding: 358388 (+30)

4% more capital invested

Capital invested by funds: $1.94B → $2.01B (+$69.8M)

0.56% more ownership

Funds ownership: 76.41%76.96% (+0.56%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

19% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 152

Holders
388
Holders Change
+30
Holders Change %
+8.38%
% of All Funds
5.66%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
74
Increased
123
Reduced
152
Closed
40
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SMG
101
Smart Money Group
Texas
$3.58M -$120K -2,381 -3%
FWA
102
FSM Wealth Advisors
Ohio
$3.44M +$23.1K +457 +0.7%
1WM
103
1900 Wealth Management
Texas
$3.4M -$3.35M -66,218 -50%
EWA
104
Encompass Wealth Advisors
Oregon
$3.38M +$44.9K +888 +1%
LPT
105
Legacy Private Trust
Wisconsin
$3.34M -$158K -3,130 -5%
SF
106
Synovus Financial
Georgia
$3.33M -$397K -7,855 -11%
CAN
107
Cetera Advisor Networks
California
$3.31M +$2.43M +48,061 +281%
TW
108
Transform Wealth
Colorado
$3.3M +$834K +16,489 +34%
FFN
109
Focus Financial Network
Minnesota
$3.3M +$832K +16,461 +34%
Cambridge Investment Research Advisors
110
Cambridge Investment Research Advisors
Iowa
$3.29M -$7.14M -141,122 -69%
FCIM
111
Fairview Capital Investment Management
California
$3.18M +$1.18M +23,375 +59%
Creative Planning
112
Creative Planning
Kansas
$3.16M -$373K -7,384 -11%
NF
113
NavPoint Financial
Minnesota
$3.14M +$3.13M +61,835 New
AAS
114
Avantax Advisory Services
Texas
$3.12M +$138K +2,722 +5%
RCM
115
Requisite Capital Management
Texas
$3.1M -$247K -4,889 -7%
GGS
116
Galvin Gaustad & Stein
Arizona
$3.04M -$117K -2,311 -4%
FIM
117
Freedom Investment Management
Connecticut
$2.99M +$2.98M +58,900 New
PA
118
Perennial Advisors
New York
$2.98M +$1.07M +21,137 +56%
DIA
119
Davidson Investment Advisors
Montana
$2.97M -$34.9K -690 -1%
AFG
120
Albion Financial Group
Utah
$2.91M +$282K +5,575 +11%
VPP
121
Vertex Planning Partners
Illinois
$2.9M +$398K +7,871 +16%
PGFC
122
Peapack-Gladstone Financial Corp
New Jersey
$2.82M +$179K +3,540 +7%
AWM
123
Axxcess Wealth Management
California
$2.82M +$92.6K +1,832 +3%
IIC
124
Ironwood Investment Counsel
Arizona
$2.79M +$1.86M +36,695 +200%
AWM
125
AE Wealth Management
Kansas
$2.78M -$4.21M -83,322 -60%

JMST Hedge Fund Activity: Q4 2023 in Review

388 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q4 2023, worth a combined $2.01B — up 3.6% from $1.94B a quarter earlier.

Buyers outnumbered sellers: 74 funds opened new JMST positions and 40 closed out — a net gain of 34 holders — while 123 added to existing stakes and 152 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $20M. The largest seller was Jane Street, exiting entirely with an estimated $24.5M sold.

  • 388 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2023, up from 358 in Q3 2023.
  • Funds reported $2.01B of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2023, up 3.6% quarter-over-quarter.
  • 74 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q4 2023 and 40 closed out, a net change of +34 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q4 2023 was Renaissance Technologies, an estimated $20M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q4 2023 was Jane Street, an estimated $24.5M sold.

Based on aggregated 13F filings for Q4 2023.