JPMorgan Ultra-Short Municipal Income ETF
JMST
359 hedge funds and large institutions have $1.94B invested in JPMorgan Ultra-Short Municipal Income ETF in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 106 increasing their positions, 178 reducing their positions, and 29 closing their positions.
17% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 29
11% more funds holding in top 10
Funds holding in top 10: 19 → 21 (+2)
1% more funds holding
Funds holding: 356 → 359 (+3)
0.25% more ownership
Funds ownership: 76.19% → 76.44% (+0.25%)
1% less capital invested
Capital invested by funds: $1.97B → $1.94B (-$22.4M)
40% less repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 178
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Slow Capital
Greenbrae,
California
|
+$18M |
| 2 |
LPL Financial
San Diego,
California
|
+$13.5M |
| 3 |
BIG
Boothe Investment Group
Dover,
Delaware
|
+$10.2M |
| 4 |
Jane Street
New York
|
+$10.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$12.3M |
| 2 |
MWA
Mills Wealth Advisors
Southlake,
Texas
|
-$10.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$10.3M |
| 4 |
TC
Trust Company
Manhattan,
Kansas
|
-$9.76M |
| 5 |
Morgan Stanley
New York
|
-$7.6M |
JMST Hedge Fund Activity: Q3 2023 in Review
359 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q3 2023, worth a combined $1.94B — down 1.1% from $1.97B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new JMST positions and 29 closed out — a net gain of 5 holders — while 106 added to existing stakes and 178 trimmed.
The largest buyer was Slow Capital, adding an estimated $18M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $12.3M.
- 359 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q3 2023, up from 356 in Q2 2023.
- Funds reported $1.94B of JPMorgan Ultra-Short Municipal Income ETF stock for Q3 2023, down 1.1% quarter-over-quarter.
- 34 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q3 2023 and 29 closed out, a net change of +5 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q3 2023 was Slow Capital, an estimated $18M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q3 2023 was Northwestern Mutual Wealth Management, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2023.