JPMorgan US Quality Factor ETF
JQUA
34 hedge funds and large institutions have $154M invested in JPMorgan US Quality Factor ETF in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 4 closing their positions.
375% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 4
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
70% more funds holding
Funds holding: 20 → 34 (+14)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
57% more capital invested
Capital invested by funds: $98.4M → $154M (+$55.7M)
19.56% more ownership
Funds ownership: 73.39% → 92.95% (+20%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$39.8M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$16.4M |
| 3 |
PAS
Park Avenue Securities
New York
|
+$15.7M |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$9.73M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$9.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$25.1M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$1.07M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$584K |
| 4 |
Goldman Sachs
New York
|
-$568K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$184K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of America
Charlotte,
North Carolina
| $104K | -$184K | -6,149 | -60% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $57K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $29K | +$149 | +5 | +0.4% |
|
|
GRP
29
Global Retirement Partners
San Rafael,
California
| $17K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | +$15K | +501 | New |
|
31
Morgan Stanley
New York
| $11K | – | – | – |
|
32
Wells Fargo
San Francisco,
California
| $10K | – | – | – |
|
|
OPS
33
Orion Portfolio Solutions
Omaha,
Nebraska
| $1K | +$896 | +30 | New |
|
|
34
JP Morgan Chase
New York
| – | -$25.1M | -803,000 | Closed |
|
|
BFA
35
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$1.07M | -34,052 | Closed |
|
|
36
CIBC World Market
Toronto,
Ontario, Canada
| – | -$584K | -18,662 | Closed |
|
|
37
Goldman Sachs
New York
| – | -$568K | -18,129 | Closed |
|
38
Fidelity Investments
Boston,
Massachusetts
| – | +$30 | +1 | New |
|
JQUA Hedge Fund Activity: Q1 2020 in Review
34 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in JPMorgan US Quality Factor ETF (JQUA) for Q1 2020, worth a combined $154M — up 57% from $98.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new JQUA positions and 4 closed out — a net gain of 15 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $39.8M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $25.1M sold.
- 34 institutional investors held JPMorgan US Quality Factor ETF (JQUA) as of Q1 2020, up from 20 in Q4 2019.
- Funds reported $154M of JPMorgan US Quality Factor ETF stock for Q1 2020, up 57% quarter-over-quarter.
- 19 funds opened new JPMorgan US Quality Factor ETF positions in Q1 2020 and 4 closed out, a net change of +15 holders.
- The largest JPMorgan US Quality Factor ETF buyer in Q1 2020 was Victory Capital Management, an estimated $39.8M added.
- The largest JPMorgan US Quality Factor ETF seller in Q1 2020 was JP Morgan Chase, an estimated $25.1M sold.
Based on aggregated 13F filings for Q1 2020.