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JPMorgan Ultra-Short Municipal Income ETF

355 hedge funds and large institutions have $1.97B invested in JPMorgan Ultra-Short Municipal Income ETF in 2023 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 110 increasing their positions, 167 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more capital invested

Capital invested by funds: $1.83B → $1.97B (+$138M)

2.35% more ownership

Funds ownership: 73.81%76.16% (+2.3%)

3% less funds holding

Funds holding: 366355 (-11)

21% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 42

24% less funds holding in top 10

Funds holding in top 10: 2519 (-6)

34% less repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 167

Holders
355
Holders Change
-11
Holders Change %
-3.01%
% of All Funds
5.57%
Holding in Top 10
19
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-24%
% of All Funds
0.3%
New
33
Increased
110
Reduced
167
Closed
42
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$209M +$208M +4,116,672 +411,667,200%
Bank of America
2
Bank of America
North Carolina
$186M -$28M -553,232 -13%
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$93.3M -$8M -157,996 -8%
LPL Financial
4
LPL Financial
California
$65.6M +$3.06M +60,457 +5%
FT
5
Fiduciary Trust
Massachusetts
$61.6M -$2.27M -44,762 -4%
GSIS
6
Global Strategic Investment Solutions
Arizona
$41M +$1.58M +31,146 +4%
UBS Group
7
UBS Group
Switzerland
$37.3M +$602K +11,889 +2%
Wells Fargo
8
Wells Fargo
California
$33.9M -$6.35M -125,504 -16%
MWA
9
Mills Wealth Advisors
Texas
$32.5M -$1.44M -28,491 -4%
SFA
10
Sequoia Financial Advisors
Ohio
$31.7M -$455K -8,997 -1%
JP Morgan Chase
11
JP Morgan Chase
New York
$31.7M -$150K -2,967 -0.5%
WAM
12
Weatherly Asset Management
California
$29.8M +$662K +13,080 +2%
Cerity Partners
13
Cerity Partners
New York
$29.7M -$4.33M -85,626 -13%
RCA
14
Resonant Capital Advisors
Wisconsin
$29M -$812K -16,051 -3%
Osaic Holdings
15
Osaic Holdings
Arizona
$28.8M +$3.06M +60,445 +12%
Corient Private Wealth
16
Corient Private Wealth
Florida
$25.5M -$1.74M -34,408 -6%
BA
17
Bridgewater Advisors
New York
$24.9M -$1.71M -33,783 -6%
TC
18
Trust Company
Kansas
$23.7M -$42.1K -832 -0.2%
Carson Wealth (CWM LLC)
19
Carson Wealth (CWM LLC)
Nebraska
$23.5M +$3.65M +72,057 +18%
CAPTRUST Financial Advisors
20
CAPTRUST Financial Advisors
North Carolina
$22.2M -$465K -9,189 -2%
KCM
21
Kathmere Capital Management
Pennsylvania
$19.2M +$235K +4,644 +1%
Renaissance Technologies
22
Renaissance Technologies
New York
$18.3M +$3.58M +70,745 +24%
OCM
23
One Capital Management
California
$16.6M -$321K -6,341 -2%
CCWA
24
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$16.4M -$3.93M -77,732 -19%
AA
25
Auxano Advisors
Washington
$16.2M

JMST Hedge Fund Activity: Q2 2023 in Review

355 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q2 2023, worth a combined $1.97B — up 7.6% from $1.83B a quarter earlier.

Sellers outnumbered buyers: 42 funds closed out of JMST and 33 opened new positions — a net loss of 9 holders — while 167 trimmed existing stakes and 110 added.

The largest buyer was Fidelity Investments, adding an estimated $208M. The largest seller was Bank of America, cutting an estimated $28M.

  • 355 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q2 2023, down from 366 in Q1 2023.
  • Funds reported $1.97B of JPMorgan Ultra-Short Municipal Income ETF stock for Q2 2023, up 7.6% quarter-over-quarter.
  • 33 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q2 2023 and 42 closed out, a net change of -9 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q2 2023 was Fidelity Investments, an estimated $208M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q2 2023 was Bank of America, an estimated $28M sold.

Based on aggregated 13F filings for Q2 2023.