JPMorgan Ultra-Short Municipal Income ETF
JMST
389 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, 122 increasing their positions, 154 reducing their positions, and 40 closing their positions.
85% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 40
8% more funds holding
Funds holding: 359 → 389 (+30)
3% more capital invested
Capital invested by funds: $1.94B → $2.01B (+$66.3M)
0.51% more ownership
Funds ownership: 76.44% → 76.94% (+0.51%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
21% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$20M |
| 2 |
PWP
Principle Wealth Partners
Madison,
Connecticut
|
+$17.9M |
| 3 |
AC
Asio Capital
Lexington,
Kentucky
|
+$16M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$14.5M |
| 5 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$24.5M |
| 2 |
SFA
Sequoia Financial Advisors
Akron,
Ohio
|
-$21.3M |
| 3 |
SC
Slow Capital
Greenbrae,
California
|
-$21.2M |
| 4 |
KCM
Kathmere Capital Management
Wayne,
Pennsylvania
|
-$14.5M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.2M |
JMST Hedge Fund Activity: Q4 2023 in Review
389 of the 6,869 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 3.4% 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 122 added to existing stakes and 154 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.
- 389 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2023, up from 359 in Q3 2023.
- Funds reported $2.01B of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2023, up 3.4% 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.