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JPMorgan Ultra-Short Municipal Income ETF

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.

New
Increased
Maintained
Reduced
Closed

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: 510 (+5)

81% more capital invested

Capital invested by funds: $366M → $662M (+$296M)

32% more funds holding

Funds holding: 127168 (+41)

2.72% more ownership

Funds ownership: 56.95%59.67% (+2.7%)

Holders
168
Holders Change
+41
Holders Change %
+32.28%
% of All Funds
2.97%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.18%
New
58
Increased
80
Reduced
23
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HB
1
Homrich & Berg
Georgia
$68.5M +$68.4M +1,341,673 New
TC
2
TownSquare Capital
Utah
$50.9M +$50.1M +982,889 +7,120%
CCWA
3
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$38M +$2.41M +47,311 +7%
PP
4
Palladium Partners
Virginia
$36.2M +$9.86M +193,230 +37%
Bank of America
5
Bank of America
North Carolina
$22.4M +$276K +5,407 +1%
Franklin Resources
6
Franklin Resources
California
$17.4M +$2.16M +42,410 +14%
OCM
7
One Capital Management
California
$16.2M +$16.2M +317,123 New
LPL Financial
8
LPL Financial
California
$14.2M +$781K +15,304 +6%
TWM
9
TMD Wealth Management
Arizona
$13.3M +$13.3M +261,533 New
UBS Group
10
UBS Group
Switzerland
$13.3M -$4.65M -91,135 -26%
KA
11
Klingman & Associates
New York
$12.7M +$7.65M +149,940 +151%
BTWM
12
Baker Tilly Wealth Management
Wisconsin
$12.1M +$12.1M +236,518 New
CFA
13
Capstone Financial Advisors
Illinois
$11.9M +$1.52M +29,738 +15%
RJA
14
Raymond James & Associates
Florida
$11.4M +$2.84M +55,681 +33%
LDFR
15
Lehman & Derafelo Financial Resources
Pennsylvania
$11.4M +$2.03M +39,800 +22%
WAM
16
Weatherly Asset Management
California
$11.3M +$4.23M +82,873 +60%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$11M -$256K -5,018 -2%
CCM
18
Covington Capital Management
California
$10.1M +$3.48M +68,124 +53%
FTUS
19
Flow Traders U.S.
New York
$9.68M +$6.58M +128,984 +212%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$8.13M -$17.2K -337 -0.2%
TCM
21
TD Capital Management
Tennessee
$7.16M +$1.77M +34,657 +33%
SWM
22
Segment Wealth Management
Texas
$6.97M +$4.77M +93,450 +217%
KCM
23
Kathmere Capital Management
Pennsylvania
$6.93M +$6.93M +135,882 New
Osaic Holdings
24
Osaic Holdings
Arizona
$6.66M +$1.45M +28,416 +28%
HighTower Advisors
25
HighTower Advisors
Illinois
$6.52M +$1.46M +28,612 +29%

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.