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JPMorgan Ultra-Short Municipal Income ETF
JMST

404 hedge funds and large institutions have $1.96B invested in JPMorgan Ultra-Short Municipal Income ETF in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 142 increasing their positions, 152 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 28

4% more funds holding

Funds holding: 388 → 404 (+16)

2% less capital invested

Capital invested by funds: $2.01B → $1.96B (-$49.4M)

7% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 152

2.62% less ownership

Funds ownership: 76.96% → 74.34% (-2.6%)

5% less funds holding in top 10

Funds holding in top 10: 19 → 18 (-1)

Holders
404
Holders Change
+16
Holders Change %
+4.12%
% of All Funds
5.82%
Holding in Top 10
18
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.26%
% of All Funds
0.26%
New
49
Increased
142
Reduced
152
Closed
28
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
GPWA
Great Point Wealth Advisors
Massachusetts
+$7.99M
2
SL
Salomon & Ludwin
Virginia
+$7.34M
3
Bank of New York Mellon
Bank of New York Mellon
New York
+$5.61M
4
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$5.36M
5
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$4.99M

Top Sellers

1
Bank of America
Bank of America
North Carolina
-$19.9M
2
AC
Asio Capital
Kentucky
-$16.1M
3
Renaissance Technologies
Renaissance Technologies
New York
-$10.8M
4
AC
AlphaCore Capital
California
-$9.34M
5
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
-$7.84M
Name Holding Trade Value Shares
Change 		Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$199M +$37.5K +739 +0%
Bank of America
2
Bank of America
North Carolina
$149M -$19.9M -391,361 -12%
Northwestern Mutual Wealth Management
3
Northwestern Mutual Wealth Management
Wisconsin
$85.1M -$5.49M -108,186 -6%
LPL Financial
4
LPL Financial
California
$80.4M +$1.22M +24,000 +2%
FT
5
Fiduciary Trust
Massachusetts
$67.8M -$6.1M -120,345 -8%
Wells Fargo
6
Wells Fargo
California
$48.7M -$177K -3,486 -0.4%
RCA
7
Resonant Capital Advisors
Wisconsin
$37M +$2.55M +50,223 +7%
Carson Wealth (CWM LLC)
8
Carson Wealth (CWM LLC)
Nebraska
$36.9M +$3M +59,051 +9%
UBS Group
9
UBS Group
Switzerland
$35.2M -$4.33M -85,311 -11%
JP Morgan Chase
10
JP Morgan Chase
New York
$33.1M +$1.31M +25,730 +4%
Cerity Partners
11
Cerity Partners
New York
$32.4M -$1.34M -26,484 -4%
BA
12
Bridgewater Advisors
New York
$31.1M -$1.16M -22,833 -4%
Renaissance Technologies
13
Renaissance Technologies
New York
$30.3M -$10.8M -212,139 -26%
WAM
14
Weatherly Asset Management
California
$28.7M -$288K -5,673 -1%
CAMG
15
CWA Asset Management Group
Florida
$27.7M +$2.69M +53,033 +11%
GSIS
16
Global Strategic Investment Solutions
Arizona
$27.5M +$3.74M +73,673 +16%
Corient Private Wealth
17
Corient Private Wealth
Florida
$26M +$883K +17,416 +4%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$23.3M +$5.61M +110,643 +32%
MWA
19
Mills Wealth Advisors
Texas
$22.1M -$1.46M -28,867 -6%
HighTower Advisors
20
HighTower Advisors
Illinois
$19.8M +$3.07M +60,467 +18%
Osaic Holdings
21
Osaic Holdings
Arizona
$19.4M -$654K -12,898 -3%
CCWA
22
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$17.6M -$7.84M -154,572 -31%
CAPTRUST Financial Advisors
23
CAPTRUST Financial Advisors
North Carolina
$17.5M -$1.15M -22,617 -6%
PWP
24
Principle Wealth Partners
Connecticut
$16.7M -$1.78M -35,093 -10%
AO
25
Advisor OS
Illinois
$16M +$1.19M +23,512 +8%
1
2 3 4 5

JMST Hedge Fund Activity: Q1 2024 in Review

404 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q1 2024, worth a combined $1.96B — down 2.5% from $2.01B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new JMST positions and 28 closed out — a net gain of 21 holders — while 142 added to existing stakes and 152 trimmed.

The largest buyer was Great Point Wealth Advisors, opening a new position worth an estimated $7.99M. The largest seller was Bank of America, cutting an estimated $19.9M.

  • 404 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q1 2024, up from 388 in Q4 2023.
  • Funds reported $1.96B of JPMorgan Ultra-Short Municipal Income ETF stock for Q1 2024, down 2.5% quarter-over-quarter.
  • 49 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q1 2024 and 28 closed out, a net change of +21 holders.
  • The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q1 2024 was Great Point Wealth Advisors, an estimated $7.99M added.
  • The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q1 2024 was Bank of America, an estimated $19.9M sold.

Based on aggregated 13F filings for Q1 2024.