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JPMorgan Municipal ETF

100 hedge funds and large institutions have $339M invested in JPMorgan Municipal ETF in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 21 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

144% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 9

119% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 21

14% more funds holding

Funds holding: 88100 (+12)

27.76% less ownership

Funds ownership: 107.6%79.84% (-28%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

92% less capital invested

Capital invested by funds: $4B → $339M (-$3.66B)

Holders
100
Holders Change
+12
Holders Change %
+13.64%
% of All Funds
1.59%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
22
Increased
46
Reduced
21
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$38.2M +$15.4M +305,846 +68%
Jane Street
2
Jane Street
New York
$30M +$26.3M +522,642 +747%
APP
3
Avantax Planning Partners
Iowa
$27.9M -$467K -9,277 -2%
MIS
4
Morningstar Investment Services
Illinois
$14.8M +$386K +7,669 +3%
Osaic Holdings
5
Osaic Holdings
Arizona
$14.8M +$331K +6,585 +2%
CTC
6
Central Trust Company
Missouri
$11.6M +$4.16M +82,584 +57%
AC
7
Asio Capital
Kentucky
$11.1M +$11M +218,545 New
CCM
8
Condor Capital Management
New Jersey
$11M -$1.55M -30,770 -12%
FMWA
9
Forvis Mazars Wealth Advisors
Missouri
$10.7M +$10.7M +211,770 New
IWC
10
Integrated Wealth Concepts
Massachusetts
$10.5M +$10M +198,799 +2,477%
AFA
11
AllGen Financial Advisors
Florida
$8.61M +$174K +3,457 +2%
WAAG
12
Wealth Alliance Advisory Group
Kansas
$7.94M -$131K -2,602 -2%
HSG
13
Helen Stephens Group
Texas
$7.76M +$629K +12,503 +9%
Truist Financial
14
Truist Financial
North Carolina
$7.2M +$557K +11,055 +8%
LAS
15
LWM Advisory Services
Florida
$6.87M +$758K +15,064 +12%
HighTower Advisors
16
HighTower Advisors
Illinois
$6.29M -$353K -7,005 -5%
FHA
17
First Horizon Advisors
Tennessee
$6.18M +$1.17M +23,172 +23%
CWM
18
Cornerstone Wealth Management
Missouri
$5.68M +$5.65M +112,205 New
SC
19
Slow Capital
California
$5.6M -$16M -318,335 -74%
KMWM
20
Keudell/Morrison Wealth Management
Oregon
$5.51M +$114K +2,270 +2%
ACP
21
Aveo Capital Partners
Colorado
$5.39M +$2.32M +46,137 +76%
CAN
22
Cetera Advisor Networks
California
$4.68M +$51.3K +1,019 +1%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$4.27M +$1.17M +23,143 +38%
CA
24
CGN Advisors
Kansas
$3.91M +$254K +5,045 +7%
SCP
25
Shorepoint Capital Partners
Massachusetts
$3.35M +$1.12M +22,258 +51%

JMUB Hedge Fund Activity: Q1 2023 in Review

100 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Municipal ETF (JMUB) for Q1 2023, worth a combined $339M — down 92% from $4B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new JMUB positions and 9 closed out — a net gain of 13 holders — while 46 added to existing stakes and 21 trimmed.

The largest buyer was Jane Street, adding an estimated $26.3M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $3.74B sold.

  • 100 institutional investors held JPMorgan Municipal ETF (JMUB) as of Q1 2023, up from 88 in Q4 2022.
  • Funds reported $339M of JPMorgan Municipal ETF stock for Q1 2023, down 92% quarter-over-quarter.
  • 22 funds opened new JPMorgan Municipal ETF positions in Q1 2023 and 9 closed out, a net change of +13 holders.
  • The largest JPMorgan Municipal ETF buyer in Q1 2023 was Jane Street, an estimated $26.3M added.
  • The largest JPMorgan Municipal ETF seller in Q1 2023 was Arete Wealth Advisors, an estimated $3.74B sold.

Based on aggregated 13F filings for Q1 2023.