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JPMorgan Chase & Co 4.20% Series MM Preferred Stock

3 hedge funds and large institutions have $267K invested in JPMorgan Chase & Co 4.20% Series MM Preferred Stock in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding

Funds holding: 23 (+1)

0% less ownership

Funds ownership: 0.02%0.02% (-0%)

25% less capital invested

Capital invested by funds: $357K → $267K (-$89.9K)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 1

Holders
3
Holders Change
+1
Holders Change %
+50%
% of All Funds
0.05%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
Reduced
1
Closed
Calls
Puts
Net Calls
Net Calls Change

Top Buyers

Rank Fund Capital Flow
1
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
+$6.86K

Top Sellers

Rank Fund Capital Flow
1
CAM
Cubic Asset Management
Massachusetts
-$76K
Name Holding Trade Value Shares
Change
Change in
Stake
CAM
1
Cubic Asset Management
Massachusetts
$187K -$76K -4,000 -28%
ACA
2
Atlas Capital Advisors
Wyoming
$73.8K
PNC Financial Services Group
3
PNC Financial Services Group
Pennsylvania
$6.53K +$6.86K +361 New

JPM.PRM Hedge Fund Activity: Q3 2023 in Review

3 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in JPMorgan Chase & Co 4.20% Series MM Preferred Stock (JPM.PRM) for Q3 2023, worth a combined $267K — down 25% from $357K a quarter earlier.

Buyers outnumbered sellers: 1 fund opened new JPM.PRM positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.

The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $6.86K. The largest seller was Cubic Asset Management, cutting an estimated $76K.

  • 3 institutional investors held JPMorgan Chase & Co 4.20% Series MM Preferred Stock (JPM.PRM) as of Q3 2023, up from 2 in Q2 2023.
  • Funds reported $267K of JPMorgan Chase & Co 4.20% Series MM Preferred Stock stock for Q3 2023, down 25% quarter-over-quarter.
  • 1 fund opened new JPMorgan Chase & Co 4.20% Series MM Preferred Stock positions in Q3 2023 and 0 closed out, a net change of +1 holder.
  • The largest JPMorgan Chase & Co 4.20% Series MM Preferred Stock buyer in Q3 2023 was PNC Financial Services Group, an estimated $6.86K added.
  • The largest JPMorgan Chase & Co 4.20% Series MM Preferred Stock seller in Q3 2023 was Cubic Asset Management, an estimated $76K sold.

Based on aggregated 13F filings for Q3 2023.