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JPMorgan Ultra-Short Municipal Income ETF

388 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, 123 increasing their positions, 152 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 74 | Existing positions closed: 40

8% more funds holding

Funds holding: 358388 (+30)

4% more capital invested

Capital invested by funds: $1.94B → $2.01B (+$69.8M)

0.56% more ownership

Funds ownership: 76.41%76.96% (+0.56%)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

19% less repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 152

Holders
388
Holders Change
+30
Holders Change %
+8.38%
% of All Funds
5.66%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.28%
New
74
Increased
123
Reduced
152
Closed
40
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$199M -$10M -198,211 -5%
Bank of America
2
Bank of America
North Carolina
$169M -$6.73M -133,034 -4%
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$90.6M +$9.4M +185,992 +12%
LPL Financial
4
LPL Financial
California
$79.2M -$51.6K -1,021 -0.1%
FT
5
Fiduciary Trust
Massachusetts
$73.9M +$11.7M +231,636 +19%
Wells Fargo
6
Wells Fargo
California
$48.9M +$8.63M +170,642 +22%
Renaissance Technologies
7
Renaissance Technologies
New York
$41M +$20M +396,469 +96%
UBS Group
8
UBS Group
Switzerland
$39.5M +$4.82M +95,378 +14%
RCA
9
Resonant Capital Advisors
Wisconsin
$34.5M +$1.21M +23,850 +4%
Carson Wealth (CWM LLC)
10
Carson Wealth (CWM LLC)
Nebraska
$33.9M +$14.5M +287,684 +76%
Cerity Partners
11
Cerity Partners
New York
$33.8M +$9.57M +189,351 +40%
BA
12
Bridgewater Advisors
New York
$32.3M +$9.26M +183,110 +40%
JP Morgan Chase
13
JP Morgan Chase
New York
$31.8M -$1.36M -26,954 -4%
WAM
14
Weatherly Asset Management
California
$29.1M -$709K -14,019 -2%
CCWA
15
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$25.5M +$8.92M +176,325 +54%
Corient Private Wealth
16
Corient Private Wealth
Florida
$25.1M +$913K +18,051 +4%
CAMG
17
CWA Asset Management Group
Florida
$25.1M +$9.17M +181,337 +58%
GSIS
18
Global Strategic Investment Solutions
Arizona
$23.8M -$9.86M -194,987 -29%
MWA
19
Mills Wealth Advisors
Texas
$23.5M +$1.56M +30,812 +7%
Osaic Holdings
20
Osaic Holdings
Arizona
$20.1M -$12.2M -240,447 -38%
CAPTRUST Financial Advisors
21
CAPTRUST Financial Advisors
North Carolina
$18.6M -$2.71M -53,619 -13%
PWP
22
Principle Wealth Partners
Connecticut
$18.5M +$17.9M +354,776 +3,612%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$17.7M +$5.49M +108,482 +45%
HighTower Advisors
24
HighTower Advisors
Illinois
$16.7M -$880K -17,413 -5%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$16.6M +$4.23M +83,703 +34%

JMST Hedge Fund Activity: Q4 2023 in Review

388 of the 6,859 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 3.6% 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 123 added to existing stakes and 152 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.

  • 388 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2023, up from 358 in Q3 2023.
  • Funds reported $2.01B of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2023, up 3.6% 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.