JPMorgan Ultra-Short Municipal Income ETF
JMST
353 hedge funds and large institutions have $2.01B invested in JPMorgan Ultra-Short Municipal Income ETF in 2022 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 115 increasing their positions, 135 reducing their positions, and 34 closing their positions.
109% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 34
15% more funds holding in top 10
Funds holding in top 10: 26 → 30 (+4)
9% more funds holding
Funds holding: 323 → 353 (+30)
6.04% more ownership
Funds ownership: 73.78% → 79.82% (+6%)
6% less capital invested
Capital invested by funds: $2.13B → $2.01B (-$121M)
15% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$54.7M |
| 2 |
JP Morgan Chase
New York
|
+$32.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$26.3M |
| 4 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$24.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$24.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$353M |
| 2 |
Jane Street
New York
|
-$38.3M |
| 3 |
TC
TownSquare Capital
Provo,
Utah
|
-$38M |
| 4 |
DOA
D'Orazio & Associates
Falls Church,
Virginia
|
-$13.6M |
| 5 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$11.8M |
JMST Hedge Fund Activity: Q4 2022 in Review
353 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q4 2022, worth a combined $2.01B — down 5.7% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new JMST positions and 34 closed out — a net gain of 37 holders — while 115 added to existing stakes and 135 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $54.7M. The largest seller was Bank of America, cutting an estimated $353M.
- 353 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2022, up from 323 in Q3 2022.
- Funds reported $2.01B of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2022, down 5.7% quarter-over-quarter.
- 71 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q4 2022 and 34 closed out, a net change of +37 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q4 2022 was Northwestern Mutual Wealth Management, an estimated $54.7M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q4 2022 was Bank of America, an estimated $353M sold.
Based on aggregated 13F filings for Q4 2022.