JPMorgan Ultra-Short Municipal Income ETF
JMST
460 hedge funds and large institutions have $2.35B invested in JPMorgan Ultra-Short Municipal Income ETF in 2024 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 193 increasing their positions, 145 reducing their positions, and 38 closing their positions.
84% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 38
33% more repeat investments, than reductions
Existing positions increased: 193 | Existing positions reduced: 145
6% more funds holding
Funds holding: 433 → 460 (+27)
6% more capital invested
Capital invested by funds: $2.22B → $2.35B (+$131M)
1.33% more ownership
Funds ownership: 75.43% → 76.76% (+1.3%)
14% less funds holding in top 10
Funds holding in top 10: 21 → 18 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
B
Bailard
Foster City,
California
|
+$43.6M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$24.5M |
| 3 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
+$23.5M |
| 4 |
LPL Financial
San Diego,
California
|
+$20.5M |
| 5 |
NP
NorthRock Partners
Minneapolis,
Minnesota
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Annex Advisory Services
Brookfield,
Wisconsin
|
-$21.2M |
| 2 |
FT
Fiduciary Trust
Boston,
Massachusetts
|
-$15M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$8.84M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.54M |
| 5 |
Renaissance Technologies
New York
|
-$8.5M |
JMST Hedge Fund Activity: Q4 2024 in Review
460 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Ultra-Short Municipal Income ETF (JMST) for Q4 2024, worth a combined $2.35B — up 5.9% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new JMST positions and 38 closed out — a net gain of 32 holders — while 193 added to existing stakes and 145 trimmed.
The largest buyer was Bailard, opening a new position worth an estimated $43.6M. The largest seller was Annex Advisory Services, cutting an estimated $21.2M.
- 460 institutional investors held JPMorgan Ultra-Short Municipal Income ETF (JMST) as of Q4 2024, up from 433 in Q3 2024.
- Funds reported $2.35B of JPMorgan Ultra-Short Municipal Income ETF stock for Q4 2024, up 5.9% quarter-over-quarter.
- 70 funds opened new JPMorgan Ultra-Short Municipal Income ETF positions in Q4 2024 and 38 closed out, a net change of +32 holders.
- The largest JPMorgan Ultra-Short Municipal Income ETF buyer in Q4 2024 was Bailard, an estimated $43.6M added.
- The largest JPMorgan Ultra-Short Municipal Income ETF seller in Q4 2024 was Annex Advisory Services, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2024.