JPMorgan Municipal ETF
JMUB
116 hedge funds and large institutions have $412M invested in JPMorgan Municipal ETF in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 59 increasing their positions, 23 reducing their positions, and 8 closing their positions.
200% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 8
157% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 23
21% more capital invested
Capital invested by funds: $339M → $412M (+$72.4M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
16% more funds holding
Funds holding: 100 → 116 (+16)
2.53% less ownership
Funds ownership: 79.84% → 77.32% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$25.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$15.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$9.13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.09M |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$25.3M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$4.68M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.75M |
| 4 |
SC
Slow Capital
Greenbrae,
California
|
-$1.61M |
| 5 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$1.44M |
JMUB Hedge Fund Activity: Q2 2023 in Review
116 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q2 2023, worth a combined $412M — up 21% from $339M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new JMUB positions and 8 closed out — a net gain of 16 holders — while 59 added to existing stakes and 23 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $25.8M. The largest seller was Jane Street, cutting an estimated $25.3M.
- 116 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q2 2023, up from 100 in Q1 2023.
- Funds reported $412M of JPMorgan Municipal ETF stock for Q2 2023, up 21% quarter-over-quarter.
- 24 funds opened new JPMorgan Municipal ETF positions in Q2 2023 and 8 closed out, a net change of +16 holders.
- The largest JPMorgan Municipal ETF buyer in Q2 2023 was Northwestern Mutual Wealth Management, an estimated $25.8M added.
- The largest JPMorgan Municipal ETF seller in Q2 2023 was Jane Street, an estimated $25.3M sold.
Based on aggregated 13F filings for Q2 2023.