JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited)
Investments | Shares (000) | Value ($000) | ||||||
COMMON STOCKS — 96.2% | ||||||||
Aerospace & Defense — 0.5% | ||||||||
AAR Corp. * | 14 | 452 | ||||||
Astronics Corp. * | 13 | 187 | ||||||
Ducommun, Inc. * | 4 | 186 | ||||||
Moog, Inc., Class A | 2 | 114 | ||||||
Triumph Group, Inc. * (a) | 5 | 91 | ||||||
Vectrus, Inc. * | 1 | 35 | ||||||
|
| |||||||
1,065 | ||||||||
|
| |||||||
Air Freight & Logistics — 0.7% | ||||||||
Atlas Air Worldwide Holdings, Inc. * (a) | 5 | 392 | ||||||
Echo Global Logistics, Inc. * | 2 | 90 | ||||||
Forward Air Corp. | 2 | 183 | ||||||
Hub Group, Inc., Class A * | 14 | 941 | ||||||
|
| |||||||
1,606 | ||||||||
|
| |||||||
Airlines — 0.7% | ||||||||
Alaska Air Group, Inc. * | 6 | 328 | ||||||
Allegiant Travel Co. * | 3 | 528 | ||||||
Spirit Airlines, Inc. * | 27 | 703 | ||||||
|
| |||||||
1,559 | ||||||||
|
| |||||||
Auto Components — 1.2% | ||||||||
American Axle & Manufacturing Holdings, Inc. * | 39 | 343 | ||||||
Dana, Inc. | 46 | 1,020 | ||||||
Goodyear Tire & Rubber Co. (The) * | 30 | 526 | ||||||
Lear Corp. | 2 | 329 | ||||||
Patrick Industries, Inc. | 5 | 408 | ||||||
|
| |||||||
2,626 | ||||||||
|
| |||||||
Banks — 7.5% | ||||||||
Ameris Bancorp | 5 | 240 | ||||||
Associated Banc-Corp. | 7 | 154 | ||||||
Bank of NT Butterfield & Son Ltd. (The) (Bermuda) | 20 | 707 | ||||||
Bar Harbor Bankshares | 3 | 84 | ||||||
Business First Bancshares, Inc. | 4 | 96 | ||||||
Capital Bancorp, Inc. | 2 | 38 | ||||||
Capstar Financial Holdings, Inc. | 3 | 72 | ||||||
Cathay General Bancorp | 4 | 145 | ||||||
Community Trust Bancorp, Inc. | 1 | 28 | ||||||
ConnectOne Bancorp, Inc. | 33 | 990 | ||||||
Customers Bancorp, Inc. * | 15 | 654 | ||||||
Dime Community Bancshares, Inc. | 3 | 88 | ||||||
Enterprise Financial Services Corp. | 1 | 53 | ||||||
Financial Institutions, Inc. (a) | 8 | 236 | ||||||
First BanCorp (Puerto Rico) | 76 | 1,000 | ||||||
First Bank | 2 | 28 | ||||||
First Commonwealth Financial Corp. | 7 | 91 | ||||||
First Community Bankshares, Inc. | 2 | 48 | ||||||
First Horizon Corp. | 55 | 893 | ||||||
First Internet Bancorp | 2 | 75 | ||||||
FNB Corp. | 32 | 370 | ||||||
Great Southern Bancorp, Inc. | 3 | 153 | ||||||
Hancock Whitney Corp. | 10 | 485 | ||||||
Hanmi Financial Corp. | 14 | 289 | ||||||
HBT Financial, Inc. | 5 | 78 | ||||||
Hilltop Holdings, Inc. | 12 | 382 | ||||||
Investors Bancorp, Inc. | 92 | 1,397 | ||||||
Metropolitan Bank Holding Corp. * | 2 | 135 | ||||||
Mid Penn Bancorp, Inc. | 1 | 36 | ||||||
MVB Financial Corp. | — | (b) | 7 | |||||
OceanFirst Financial Corp. | 35 | 754 | ||||||
Origin Bancorp, Inc. | 2 | 68 | ||||||
PacWest Bancorp | 10 | 473 | ||||||
Peapack-Gladstone Financial Corp. | 3 | 107 | ||||||
Popular, Inc. (Puerto Rico) | 13 | 1,018 | ||||||
QCR Holdings, Inc. | 1 | 67 | ||||||
RBB Bancorp | 2 | 55 | ||||||
Sierra Bancorp | 1 | 30 | ||||||
Signature Bank | 5 | 1,226 | ||||||
SmartFinancial, Inc. | 5 | 121 | ||||||
Sterling Bancorp | 11 | 270 | ||||||
Synovus Financial Corp. | 10 | 426 | ||||||
Umpqua Holdings Corp. | 34 | 678 | ||||||
United Community Banks, Inc. | 8 | 249 | ||||||
Valley National Bancorp | 12 | 154 | ||||||
Western Alliance Bancorp | 4 | 457 | ||||||
Wintrust Financial Corp. | 3 | 273 | ||||||
Zions Bancorp NA | 18 | 1,096 | ||||||
|
| |||||||
16,574 | ||||||||
|
| |||||||
Beverages — 0.1% | ||||||||
Coca-Cola Consolidated, Inc. | — | (b) | 177 | |||||
|
| |||||||
Biotechnology — 8.9% | ||||||||
Akebia Therapeutics, Inc. * (a) | 155 | 448 | ||||||
Alector, Inc. * (a) | 12 | 265 | ||||||
Allogene Therapeutics, Inc. * (a) | 11 | 288 | ||||||
Amicus Therapeutics, Inc. * | 62 | 592 | ||||||
AnaptysBio, Inc. * | 30 | 814 | ||||||
Arena Pharmaceuticals, Inc. * | 34 | 2,000 | ||||||
Arrowhead Pharmaceuticals, Inc. * | 12 | 762 | ||||||
Atara Biotherapeutics, Inc. * | 2 | 38 | ||||||
Bluebird Bio, Inc. * | 1 | 16 | ||||||
Blueprint Medicines Corp. * | 5 | 514 | ||||||
Bolt Biotherapeutics, Inc. * | 7 | 90 | ||||||
Bridgebio Pharma, Inc. * (a) | 6 | 281 | ||||||
CareDx, Inc. * | 4 | 222 | ||||||
Catalyst Pharmaceuticals, Inc. * | 49 | 259 | ||||||
Chinook Therapeutics, Inc. * | 15 | 191 | ||||||
Coherus Biosciences, Inc. * (a) | 15 | 241 | ||||||
Decibel Therapeutics, Inc. * (a) | 21 | 163 | ||||||
Dicerna Pharmaceuticals, Inc. * | 18 | 353 | ||||||
Eliem Therapeutics, Inc. * (a) | 26 | 461 | ||||||
Fate Therapeutics, Inc. * | 17 | 1,031 | ||||||
Frequency Therapeutics, Inc. * | 50 | 352 | ||||||
Gritstone bio, Inc. * (a) | 3 | 35 | ||||||
Inozyme Pharma, Inc. * (a) | 42 | 489 | ||||||
Invitae Corp. * | 12 | 350 | ||||||
Jounce Therapeutics, Inc. * | 9 | 70 | ||||||
Kronos Bio, Inc. * (a) | 16 | 340 | ||||||
Kura Oncology, Inc. * | 2 | 28 | ||||||
Kymera Therapeutics, Inc. * | 15 | 863 | ||||||
MeiraGTx Holdings plc * (a) | 8 | 105 | ||||||
Molecular Templates, Inc. * (a) | 30 | 203 | ||||||
Mustang Bio, Inc. * | 78 | 208 | ||||||
Myriad Genetics, Inc. * | 28 | 914 | ||||||
Natera, Inc. * | 5 | 602 | ||||||
PTC Therapeutics, Inc. * | 9 | 327 | ||||||
Radius Health, Inc. * | 1 | 15 | ||||||
REVOLUTION Medicines, Inc. * (a) | 17 | 473 | ||||||
Sage Therapeutics, Inc. * | 5 | 217 | ||||||
Sarepta Therapeutics, Inc. * | 12 | 1,082 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Sera Prognostics, Inc., Class A * (a) | 18 | 200 | ||||||
Spruce Biosciences, Inc. * (a) | 16 | 93 | ||||||
Sutro Biopharma, Inc. * | 3 | 53 | ||||||
TCR2 Therapeutics, Inc. * | 6 | 48 | ||||||
Travere Therapeutics, Inc. * (a) | 33 | 803 | ||||||
Turning Point Therapeutics, Inc. * | 6 | 425 | ||||||
Vericel Corp. * (a) | 8 | 376 | ||||||
Vir Biotechnology, Inc. * | 15 | 662 | ||||||
Xencor, Inc. * (a) | 41 | 1,323 | ||||||
Y-mAbs Therapeutics, Inc. * | 1 | 26 | ||||||
|
| |||||||
19,711 | ||||||||
|
| |||||||
Building Products — 1.5% | ||||||||
Advanced Drainage Systems, Inc. | 2 | 195 | ||||||
Apogee Enterprises, Inc. | 5 | 170 | ||||||
Builders FirstSource, Inc. * | 31 | 1,618 | ||||||
Cornerstone Building Brands, Inc. * | 18 | 262 | ||||||
Gibraltar Industries, Inc. * | 2 | 153 | ||||||
Masonite International Corp. * | 2 | 191 | ||||||
Quanex Building Products Corp. (a) | 11 | 233 | ||||||
Resideo Technologies, Inc. * | 6 | 139 | ||||||
UFP Industries, Inc. | 7 | 489 | ||||||
|
| |||||||
3,450 | ||||||||
|
| |||||||
Capital Markets — 2.0% | ||||||||
Artisan Partners Asset Management, Inc., Class A | 2 | 98 | ||||||
Blucora, Inc. * | 19 | 296 | ||||||
Brightsphere Investment Group, Inc. | 18 | 463 | ||||||
Cohen & Steers, Inc. | 2 | 134 | ||||||
Cowen, Inc., Class A | 11 | 378 | ||||||
Donnelley Financial Solutions, Inc. * | 16 | 564 | ||||||
Federated Hermes, Inc. | 10 | 325 | ||||||
Focus Financial Partners, Inc., Class A * | 13 | 702 | ||||||
Piper Sandler Cos. | 2 | 305 | ||||||
Stifel Financial Corp. (a) | 8 | 547 | ||||||
Virtus Investment Partners, Inc. | 2 | 659 | ||||||
|
| |||||||
4,471 | ||||||||
|
| |||||||
Chemicals — 2.0% | ||||||||
Avient Corp. | 16 | 756 | ||||||
Cabot Corp. | 2 | 95 | ||||||
Ecovyst, Inc. | 7 | 83 | ||||||
HB Fuller Co. | 10 | 652 | ||||||
Ingevity Corp. * | 7 | 492 | ||||||
Koppers Holdings, Inc. * | 7 | 211 | ||||||
Minerals Technologies, Inc. | 7 | 461 | ||||||
Orion Engineered Carbons SA (Germany) * | 16 | 286 | ||||||
Trinseo SA | 6 | 324 | ||||||
Tronox Holdings plc, Class A | 30 | 742 | ||||||
Zymergen, Inc. * (a) | 32 | 424 | ||||||
|
| |||||||
4,526 | ||||||||
|
| |||||||
Commercial Services & Supplies — 1.5% | ||||||||
ABM Industries, Inc. | 28 | 1,269 | ||||||
ACCO Brands Corp. | 29 | 248 | ||||||
Brink’s Co. (The) (a) | 4 | 260 | ||||||
Herman Miller, Inc. | 18 | 692 | ||||||
HNI Corp. | 6 | 235 | ||||||
KAR Auction Services, Inc. * (a) | 7 | 111 | ||||||
SP Plus Corp. * | 11 | 322 | ||||||
Steelcase, Inc., Class A | 25 | 316 | ||||||
|
| |||||||
3,453 | ||||||||
|
| |||||||
Communications Equipment — 0.3% | ||||||||
Extreme Networks, Inc. * | 61 | 605 | ||||||
|
| |||||||
Construction & Engineering — 2.3% | ||||||||
Argan, Inc. | 23 | 1,022 | ||||||
Comfort Systems USA, Inc. | 11 | 749 | ||||||
EMCOR Group, Inc. | 9 | 1,047 | ||||||
Great Lakes Dredge & Dock Corp. * | 33 | 498 | ||||||
MasTec, Inc. * | 12 | 1,035 | ||||||
Primoris Services Corp. | 15 | 372 | ||||||
Sterling Construction Co., Inc. * | 9 | 193 | ||||||
Tutor Perini Corp. * | 14 | 179 | ||||||
|
| |||||||
5,095 | ||||||||
|
| |||||||
Consumer Finance — 1.5% | ||||||||
Enova International, Inc. * | 5 | 173 | ||||||
EZCORP, Inc., Class A * (a) | 32 | 243 | ||||||
Green Dot Corp., Class A * | 9 | 453 | ||||||
Navient Corp. | 67 | 1,317 | ||||||
Nelnet, Inc., Class A | 5 | 412 | ||||||
Oportun Financial Corp. * | 8 | 193 | ||||||
PROG Holdings, Inc. (a) | 15 | 622 | ||||||
|
| |||||||
3,413 | ||||||||
|
| |||||||
Containers & Packaging — 0.2% | ||||||||
Greif, Inc., Class A | 7 | 465 | ||||||
Myers Industries, Inc. | 5 | 92 | ||||||
|
| |||||||
557 | ||||||||
|
| |||||||
Diversified Consumer Services — 0.3% | ||||||||
Coursera, Inc. * | 15 | 480 | ||||||
WW International, Inc. * | 7 | 130 | ||||||
|
| |||||||
610 | ||||||||
|
| |||||||
Diversified Telecommunication Services — 1.1% | ||||||||
IDT Corp., Class B * | 39 | 1,619 | ||||||
Liberty Latin America Ltd., Class A (Chile) * | 23 | 301 | ||||||
Liberty Latin America Ltd., Class C (Chile) * | 21 | 274 | ||||||
Ooma, Inc. * (a) | 13 | 242 | ||||||
|
| |||||||
2,436 | ||||||||
|
| |||||||
Electric Utilities — 0.6% | ||||||||
ALLETE, Inc. | 6 | 333 | ||||||
IDACORP, Inc. | 2 | 238 | ||||||
Portland General Electric Co. | 10 | 455 | ||||||
Via Renewables, Inc. (a) | 36 | 369 | ||||||
|
| |||||||
1,395 | ||||||||
|
| |||||||
Electrical Equipment — 1.2% | ||||||||
Atkore, Inc. * | 11 | 951 | ||||||
AZZ, Inc. | 8 | 442 | ||||||
Bloom Energy Corp., Class A * (a) | 21 | 386 | ||||||
Powell Industries, Inc. | 2 | 52 | ||||||
Sunrun, Inc. * (a) | 21 | 924 | ||||||
|
| |||||||
2,755 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components — 2.1% | ||||||||
Advanced Energy Industries, Inc. | 6 | 527 | ||||||
Benchmark Electronics, Inc. | 33 | 879 | ||||||
Fabrinet (Thailand) * | 7 | 759 | ||||||
Itron, Inc. * | 2 | 144 | ||||||
Kimball Electronics, Inc. * | 3 | 68 | ||||||
Sanmina Corp. * (a) | 26 | 993 | ||||||
ScanSource, Inc. * | 7 | 244 | ||||||
Vishay Intertechnology, Inc. (a) | 27 | 544 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Vishay Precision Group, Inc. * | 12 | 424 | ||||||
|
| |||||||
4,582 | ||||||||
|
| |||||||
Energy Equipment & Services — 0.7% | ||||||||
ChampionX Corp. * | 22 | 488 | ||||||
National Energy Services Reunited Corp. * (a) | 9 | 118 | ||||||
NexTier Oilfield Solutions, Inc. * | 59 | 270 | ||||||
Oil States International, Inc. * (a) | 17 | 111 | ||||||
Patterson-UTI Energy, Inc. | 15 | 132 | ||||||
ProPetro Holding Corp. * | 7 | 56 | ||||||
Select Energy Services, Inc., Class A * | 49 | 255 | ||||||
Solaris Oilfield Infrastructure, Inc., Class A | 21 | 176 | ||||||
|
| |||||||
1,606 | ||||||||
|
| |||||||
Entertainment — 1.3% | ||||||||
AMC Entertainment Holdings, Inc., Class A * (a) | 13 | 483 | ||||||
Cinemark Holdings, Inc. * (a) | 51 | 985 | ||||||
IMAX Corp. * (a) | 47 | 900 | ||||||
Lions Gate Entertainment Corp., Class A * | 44 | 623 | ||||||
|
| |||||||
2,991 | ||||||||
|
| |||||||
Equity Real Estate Investment Trusts (REITs) — 5.3% | ||||||||
Agree Realty Corp. | 1 | 86 | ||||||
Alexander & Baldwin, Inc. | 11 | 263 | ||||||
American Assets Trust, Inc. | 3 | 97 | ||||||
American Finance Trust, Inc. | 7 | 57 | ||||||
Apple Hospitality REIT, Inc. | 22 | 349 | ||||||
Armada Hoffler Properties, Inc. | 20 | 271 | ||||||
Broadstone Net Lease, Inc. | 13 | 330 | ||||||
CareTrust REIT, Inc. | 3 | 51 | ||||||
CatchMark Timber Trust, Inc., Class A | 13 | 157 | ||||||
Centerspace | 2 | 198 | ||||||
Chatham Lodging Trust * | 3 | 32 | ||||||
City Office REIT, Inc. | 28 | 491 | ||||||
Community Healthcare Trust, Inc. | 2 | 77 | ||||||
Cousins Properties, Inc. | 8 | 289 | ||||||
DiamondRock Hospitality Co. * | 19 | 182 | ||||||
DigitalBridge Group, Inc. * (a) | 59 | 353 | ||||||
Essential Properties Realty Trust, Inc. | 8 | 209 | ||||||
First Industrial Realty Trust, Inc. | 8 | 411 | ||||||
Four Corners Property Trust, Inc. | 12 | 320 | ||||||
Getty Realty Corp. | 2 | 47 | ||||||
Gladstone Commercial Corp. | 12 | 248 | ||||||
Global Medical REIT, Inc. | 2 | 28 | ||||||
Global Net Lease, Inc. | 21 | 340 | ||||||
Healthcare Realty Trust, Inc. | 6 | 167 | ||||||
Highwoods Properties, Inc. | 1 | 48 | ||||||
Innovative Industrial Properties, Inc. | 1 | 162 | ||||||
Kite Realty Group Trust (a) | 15 | 309 | ||||||
National Storage Affiliates Trust | 12 | 613 | ||||||
Phillips Edison & Co., Inc. | 5 | 160 | ||||||
Physicians Realty Trust | 14 | 248 | ||||||
Piedmont Office Realty Trust, Inc., Class A | 8 | 134 | ||||||
Plymouth Industrial REIT, Inc. | 14 | 319 | ||||||
PotlatchDeltic Corp. | 15 | 764 | ||||||
Retail Opportunity Investments Corp. | 21 | 366 | ||||||
Retail Properties of America, Inc., Class A | 24 | 308 | ||||||
Ryman Hospitality Properties, Inc. * | 4 | 326 | ||||||
Sabra Health Care REIT, Inc. | 17 | 249 | ||||||
SITE Centers Corp. | 11 | 171 | ||||||
STAG Industrial, Inc. | 25 | 982 | ||||||
Summit Hotel Properties, Inc. * | 5 | 49 | ||||||
Sunstone Hotel Investors, Inc. * | 42 | 502 | ||||||
UMH Properties, Inc. | 8 | 174 | ||||||
Urban Edge Properties | 7 | 134 | ||||||
Xenia Hotels & Resorts, Inc. * | 29 | 511 | ||||||
|
| |||||||
11,582 | ||||||||
|
| |||||||
Food & Staples Retailing — 0.7% | ||||||||
Andersons, Inc. (The) | 1 | 40 | ||||||
BJ’s Wholesale Club Holdings, Inc. * | 7 | 373 | ||||||
Performance Food Group Co. * | 14 | 647 | ||||||
Rite Aid Corp. * (a) | 43 | 606 | ||||||
|
| |||||||
1,666 | ||||||||
|
| |||||||
Food Products — 0.8% | ||||||||
Bunge Ltd. | 2 | 195 | ||||||
Darling Ingredients, Inc. * | 12 | 856 | ||||||
Sanderson Farms, Inc. | 4 | 659 | ||||||
Seneca Foods Corp., Class A * | 3 | 125 | ||||||
|
| |||||||
1,835 | ||||||||
|
| |||||||
Gas Utilities — 0.5% | ||||||||
Chesapeake Utilities Corp. | 2 | 288 | ||||||
New Jersey Resources Corp. | 5 | 174 | ||||||
Northwest Natural Holding Co. | 3 | 129 | ||||||
Southwest Gas Holdings, Inc. | 5 | 361 | ||||||
Spire, Inc. | 4 | 251 | ||||||
|
| |||||||
1,203 | ||||||||
|
| |||||||
Health Care Equipment & Supplies — 3.2% | ||||||||
Alphatec Holdings, Inc. * (a) | 16 | 190 | ||||||
Apyx Medical Corp. * | 12 | 166 | ||||||
Cardiovascular Systems, Inc. * (a) | 14 | 473 | ||||||
Cutera, Inc. * (a) | 20 | 951 | ||||||
Heska Corp. * | 3 | 827 | ||||||
Inogen, Inc. * (a) | 21 | 892 | ||||||
Intersect ENT, Inc. * | 5 | 136 | ||||||
Lantheus Holdings, Inc. * | 5 | 134 | ||||||
Natus Medical, Inc. * | 9 | 231 | ||||||
NuVasive, Inc. * | 26 | 1,549 | ||||||
Ortho Clinical Diagnostics Holdings plc * | 21 | 385 | ||||||
Orthofix Medical, Inc. * (a) | 19 | 717 | ||||||
Outset Medical, Inc. * | 4 | 193 | ||||||
SI-BONE, Inc. * | 15 | 313 | ||||||
|
| |||||||
7,157 | ||||||||
|
| |||||||
Health Care Providers & Services — 3.9% | ||||||||
AdaptHealth Corp. * | 60 | 1,402 | ||||||
AMN Healthcare Services, Inc. * | 7 | 838 | ||||||
Cross Country Healthcare, Inc. * | 12 | 261 | ||||||
Hanger, Inc. * | 11 | 237 | ||||||
LHC Group, Inc. * | 1 | 173 | ||||||
MEDNAX, Inc. * | 5 | 134 | ||||||
ModivCare, Inc. * | 5 | 872 | ||||||
National HealthCare Corp. | 4 | 259 | ||||||
Option Care Health, Inc. * | 6 | 153 | ||||||
Owens & Minor, Inc. (a) | 14 | 438 | ||||||
Select Medical Holdings Corp. | 28 | 1,027 | ||||||
Surgery Partners, Inc. * (a) | 15 | 631 | ||||||
Tenet Healthcare Corp. * (a) | 33 | 2,205 | ||||||
Tivity Health, Inc. * (a) | 3 | 69 | ||||||
|
| |||||||
8,699 | ||||||||
|
| |||||||
Health Care Technology — 1.0% | ||||||||
Allscripts Healthcare Solutions, Inc. * (a) | 33 | 435 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Inovalon Holdings, Inc., Class A * | 3 | 137 | ||||||
Inspire Medical Systems, Inc. * | 2 | 466 | ||||||
NextGen Healthcare, Inc. * | 27 | 382 | ||||||
Omnicell, Inc. * | 2 | 237 | ||||||
Schrodinger, Inc. * | 12 | 661 | ||||||
|
| |||||||
2,318 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure — 1.5% |
| |||||||
Bloomin’ Brands, Inc. * | 25 | 615 | ||||||
Boyd Gaming Corp. * | 4 | 228 | ||||||
Brinker International, Inc. * (a) | 10 | 495 | ||||||
Dine Brands Global, Inc. * | 5 | 382 | ||||||
Marriott Vacations Worldwide Corp. | 5 | 739 | ||||||
Penn National Gaming, Inc. * | 4 | 314 | ||||||
RCI Hospitality Holdings, Inc. | 2 | 123 | ||||||
Scientific Games Corp. * | 5 | 449 | ||||||
|
| |||||||
3,345 | ||||||||
|
| |||||||
Household Durables — 1.3% |
| |||||||
Helen of Troy Ltd. * | 2 | 337 | ||||||
Hooker Furnishings Corp. | 9 | 238 | ||||||
Lifetime Brands, Inc. (a) | 23 | 417 | ||||||
Purple Innovation, Inc. * | 7 | 153 | ||||||
Sonos, Inc. * | 15 | 498 | ||||||
Traeger, Inc. * (a) | 5 | 110 | ||||||
Tupperware Brands Corp. * (a) | 6 | 131 | ||||||
Universal Electronics, Inc. * | 7 | 360 | ||||||
Vizio Holding Corp., Class A * (a) | 30 | 642 | ||||||
|
| |||||||
2,886 | ||||||||
|
| |||||||
Household Products — 0.3% |
| |||||||
Central Garden & Pet Co., Class A * | 14 | 593 | ||||||
|
| |||||||
Independent Power and Renewable Electricity Producers — 0.7% |
| |||||||
Clearway Energy, Inc. | 19 | 541 | ||||||
Clearway Energy, Inc., Class C | 17 | 518 | ||||||
Sunnova Energy International, Inc. * | 11 | 366 | ||||||
Vistra Corp. | 4 | 71 | ||||||
|
| |||||||
1,496 | ||||||||
|
| |||||||
Insurance — 1.1% |
| |||||||
American Equity Investment Life Holding Co. | 10 | 293 | ||||||
Argo Group International Holdings Ltd. | 7 | 376 | ||||||
BRP Group, Inc., Class A * (a) | 3 | 90 | ||||||
CNO Financial Group, Inc. | 13 | 294 | ||||||
eHealth, Inc. * (a) | 6 | 231 | ||||||
Heritage Insurance Holdings, Inc. | 2 | 13 | ||||||
James River Group Holdings Ltd. | 2 | 75 | ||||||
Kinsale Capital Group, Inc. | 1 | 129 | ||||||
Selective Insurance Group, Inc. | 3 | 204 | ||||||
Stewart Information Services Corp. | 12 | 785 | ||||||
|
| |||||||
2,490 | ||||||||
|
| |||||||
Interactive Media & Services — 1.2% |
| |||||||
Cars.com, Inc. * | 19 | 244 | ||||||
EverQuote, Inc., Class A * | 34 | 626 | ||||||
Liberty TripAdvisor Holdings, Inc., Class A * | 387 | 1,195 | ||||||
Yelp, Inc. * | 17 | 614 | ||||||
|
| |||||||
2,679 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail — 0.2% |
| |||||||
Overstock.com, Inc. * (a) | 2 | 179 | ||||||
Stitch Fix, Inc., Class A * | 3 | 136 | ||||||
ThredUp, Inc., Class A * | 9 | 191 | ||||||
|
| |||||||
506 | ||||||||
|
| |||||||
IT Services — 1.8% |
| |||||||
BigCommerce Holdings, Inc., Series 1 * | 8 | 410 | ||||||
BM Technologies, Inc. * | 3 | 28 | ||||||
DigitalOcean Holdings, Inc. * | 12 | 947 | ||||||
Maximus, Inc. | 11 | 874 | ||||||
TTEC Holdings, Inc. | 13 | 1,197 | ||||||
Unisys Corp. * | 22 | 548 | ||||||
|
| |||||||
4,004 | ||||||||
|
| |||||||
Life Sciences Tools & Services — 0.9% |
| |||||||
Adaptive Biotechnologies Corp. * | 4 | 139 | ||||||
Berkeley Lights, Inc. * (a) | 7 | 143 | ||||||
Pacific Biosciences of California, Inc. * | 5 | 115 | ||||||
Personalis, Inc. * | 31 | 603 | ||||||
Quanterix Corp. * | 7 | 358 | ||||||
Rapid Micro Biosystems, Inc., Class A * | 20 | 378 | ||||||
Seer, Inc. * (a) | 8 | 271 | ||||||
|
| |||||||
2,007 | ||||||||
|
| |||||||
Machinery — 2.4% |
| |||||||
Barnes Group, Inc. | 5 | 217 | ||||||
Chart Industries, Inc. * | 3 | 650 | ||||||
Columbus McKinnon Corp. | 8 | 392 | ||||||
Manitowoc Co., Inc. (The) * | 15 | 313 | ||||||
Meritor, Inc. * | 11 | 243 | ||||||
Mueller Industries, Inc. | 3 | 136 | ||||||
Park-Ohio Holdings Corp. | 2 | 43 | ||||||
Terex Corp. | 34 | 1,423 | ||||||
Wabash National Corp. | 5 | 74 | ||||||
Watts Water Technologies, Inc., Class A | 11 | 1,764 | ||||||
|
| |||||||
5,255 | ||||||||
|
| |||||||
Marine — 0.3% |
| |||||||
Costamare, Inc. (Monaco) | 38 | 586 | ||||||
|
| |||||||
Media — 1.2% |
| |||||||
Fluent, Inc. * | 30 | 68 | ||||||
Gray Television, Inc. | 16 | 367 | ||||||
Meredith Corp. * | 11 | 585 | ||||||
National CineMedia, Inc. | 65 | 231 | ||||||
Sinclair Broadcast Group, Inc., Class A | 12 | 390 | ||||||
TEGNA, Inc. | 52 | 1,015 | ||||||
|
| |||||||
2,656 | ||||||||
|
| |||||||
Metals & Mining — 1.2% |
| |||||||
Alcoa Corp. * | 9 | 436 | ||||||
Allegheny Technologies, Inc. * | 18 | 294 | ||||||
Arconic Corp. * | 11 | 344 | ||||||
Cleveland-Cliffs, Inc. * | 18 | 357 | ||||||
Commercial Metals Co. (a) | 15 | 468 | ||||||
Kaiser Aluminum Corp. | 2 | 229 | ||||||
SunCoke Energy, Inc. | 38 | 240 | ||||||
United States Steel Corp. | 4 | 77 | ||||||
Warrior Met Coal, Inc. | 6 | 137 | ||||||
Worthington Industries, Inc. | 1 | 37 | ||||||
|
| |||||||
2,619 | ||||||||
|
| |||||||
Mortgage Real Estate Investment Trusts (REITs) — 1.7% |
| |||||||
Ares Commercial Real Estate Corp. | 16 | 246 | ||||||
Blackstone Mortgage Trust, Inc., Class A | 11 | 327 | ||||||
Brightspire Capital, Inc. | 5 | 44 | ||||||
Ellington Financial, Inc. | 16 | 291 | ||||||
Granite Point Mortgage Trust, Inc. | 4 | 46 | ||||||
Great Ajax Corp. | 1 | 15 | ||||||
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 8 | 428 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
KKR Real Estate Finance Trust, Inc. | 22 | 460 | ||||||
Ladder Capital Corp. | 27 | 298 | ||||||
MFA Financial, Inc. | 33 | 149 | ||||||
PennyMac Mortgage Investment Trust | 25 | 498 | ||||||
Ready Capital Corp. | 12 | 170 | ||||||
Redwood Trust, Inc. | 46 | 588 | ||||||
TPG RE Finance Trust, Inc. | 16 | 193 | ||||||
|
| |||||||
3,753 | ||||||||
|
| |||||||
Multiline Retail — 0.5% | ||||||||
Big Lots, Inc. | 6 | 273 | ||||||
Dillard’s, Inc., Class A (a) | 2 | 293 | ||||||
Macy’s, Inc. | 26 | 597 | ||||||
|
| |||||||
1,163 | ||||||||
|
| |||||||
Multi-Utilities — 0.1% | ||||||||
Black Hills Corp. | 3 | 207 | ||||||
|
| |||||||
Oil, Gas & Consumable Fuels — 2.9% | ||||||||
Antero Resources Corp. * | 49 | 914 | ||||||
Arch Resources, Inc. * | 5 | 464 | ||||||
Berry Corp. | 33 | 238 | ||||||
CNX Resources Corp. * (a) | 10 | 122 | ||||||
CVR Energy, Inc. | 9 | 143 | ||||||
Delek US Holdings, Inc. * | 1 | 17 | ||||||
Green Plains, Inc. * (a) | 9 | 300 | ||||||
Magnolia Oil & Gas Corp., Class A | 34 | 598 | ||||||
Matador Resources Co. | 10 | 361 | ||||||
Oasis Petroleum, Inc. | 3 | 249 | ||||||
Ovintiv, Inc. | 43 | 1,421 | ||||||
Par Pacific Holdings, Inc. * | 4 | 57 | ||||||
PDC Energy, Inc. | 16 | 739 | ||||||
Renewable Energy Group, Inc. * (a) | 2 | 120 | ||||||
REX American Resources Corp. * | 1 | 56 | ||||||
SFL Corp. Ltd. (Norway) | 13 | 111 | ||||||
Southwestern Energy Co. * | 95 | 524 | ||||||
|
| |||||||
6,434 | ||||||||
|
| |||||||
Paper & Forest Products — 0.8% | ||||||||
Domtar Corp. * | 2 | 82 | ||||||
Glatfelter Corp. | 3 | 37 | ||||||
Louisiana-Pacific Corp. | 8 | 509 | ||||||
Neenah, Inc. | 3 | 121 | ||||||
Schweitzer-Mauduit International, Inc. | 22 | 759 | ||||||
Verso Corp., Class A | 12 | 255 | ||||||
|
| |||||||
1,763 | ||||||||
|
| |||||||
Personal Products — 0.6% | ||||||||
Edgewell Personal Care Co. (a) | 14 | 501 | ||||||
elf Beauty, Inc. * | 17 | 502 | ||||||
Honest Co., Inc. (The) * (a) | 15 | 154 | ||||||
Medifast, Inc. | 2 | 289 | ||||||
|
| |||||||
1,446 | ||||||||
|
| |||||||
Pharmaceuticals — 0.9% | ||||||||
Angion Biomedica Corp. * (a) | 18 | 180 | ||||||
Arvinas, Inc. * | — | (b) | 33 | |||||
Cara Therapeutics, Inc. * | 7 | 104 | ||||||
Durect Corp. * (a) | 365 | 466 | ||||||
Landos Biopharma, Inc. * | 25 | 358 | ||||||
Lannett Co., Inc. * (a) | 113 | 338 | ||||||
NGM Biopharmaceuticals, Inc. * | 16 | 326 | ||||||
Phibro Animal Health Corp., Class A | 4 | 88 | ||||||
Revance Therapeutics, Inc. * | 2 | 61 | ||||||
Zogenix, Inc. * | 10 | 144 | ||||||
|
| |||||||
2,098 | ||||||||
|
| |||||||
Professional Services — 2.3% | ||||||||
Barrett Business Services, Inc. | 11 | 831 | ||||||
Heidrick & Struggles International, Inc. | 10 | 433 | ||||||
KBR, Inc. | 28 | 1,095 | ||||||
Kelly Services, Inc., Class A | 5 | 89 | ||||||
Kforce, Inc. | 7 | 412 | ||||||
Korn Ferry | 19 | 1,403 | ||||||
TriNet Group, Inc. * | 6 | 549 | ||||||
TrueBlue, Inc. * | 15 | 417 | ||||||
|
| |||||||
5,229 | ||||||||
|
| |||||||
Real Estate Management & Development — 0.5% | ||||||||
Jones Lang LaSalle, Inc. * | 1 | 178 | ||||||
Kennedy-Wilson Holdings, Inc. | 9 | 186 | ||||||
Realogy Holdings Corp. * | 42 | 741 | ||||||
RMR Group, Inc. (The), Class A | 2 | 50 | ||||||
|
| |||||||
1,155 | ||||||||
|
| |||||||
Road & Rail — 0.7% | ||||||||
ArcBest Corp. | 18 | 1,468 | ||||||
|
| |||||||
Semiconductors & Semiconductor Equipment — 2.1% | ||||||||
Alpha & Omega Semiconductor Ltd. * | 16 | 504 | ||||||
Ambarella, Inc. * (a) | 2 | 358 | ||||||
Amkor Technology, Inc. | 27 | 678 | ||||||
Ichor Holdings Ltd. * | 8 | 333 | ||||||
PDF Solutions, Inc. * (a) | 6 | 143 | ||||||
Power Integrations, Inc. (a) | 6 | 574 | ||||||
Rambus, Inc. * | 5 | 109 | ||||||
Semtech Corp. * | 6 | 499 | ||||||
SMART Global Holdings, Inc. * | 13 | 579 | ||||||
SunPower Corp. * (a) | 22 | 506 | ||||||
Ultra Clean Holdings, Inc. * | 10 | 405 | ||||||
|
| |||||||
4,688 | ||||||||
|
| |||||||
Software — 4.6% | ||||||||
8x8, Inc. * | 2 | 47 | ||||||
ACI Worldwide, Inc. * | 2 | 68 | ||||||
Asana, Inc., Class A * | 14 | 1,463 | ||||||
Avaya Holdings Corp. * | 29 | 580 | ||||||
Blackbaud, Inc. * | 5 | 317 | ||||||
Blackline, Inc. * | 3 | 331 | ||||||
Cerence, Inc. * (a) | 8 | 730 | ||||||
Cornerstone OnDemand, Inc. * | 13 | 756 | ||||||
Digital Turbine, Inc. * | 8 | 536 | ||||||
eGain Corp. * (a) | 60 | 613 | ||||||
J2 Global, Inc. * | 8 | 1,052 | ||||||
JFrog Ltd. (Israel) * | 2 | 80 | ||||||
Marathon Digital Holdings, Inc. * (a) | 12 | 373 | ||||||
MicroStrategy, Inc., Class A * | — | (b) | 145 | |||||
Model N, Inc. * (a) | 2 | 70 | ||||||
PagerDuty, Inc. * | 11 | 439 | ||||||
Paycor HCM, Inc. * | 11 | 398 | ||||||
SailPoint Technologies Holding, Inc. * | 6 | 262 | ||||||
SPS Commerce, Inc. * | 1 | 81 | ||||||
Viant Technology, Inc., Class A * | 6 | 76 | ||||||
Workiva, Inc. * | 1 | 70 | ||||||
Xperi Holding Corp. | 55 | 1,042 | ||||||
Zuora, Inc., Class A * | 48 | 799 | ||||||
|
| |||||||
10,328 | ||||||||
|
| |||||||
Specialty Retail — 2.1% | ||||||||
Aaron’s Co., Inc. (The) | 4 | 98 | ||||||
American Eagle Outfitters, Inc. (a) | 13 | 343 | ||||||
Genesco, Inc. * | 8 | 433 |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Investments | Shares (000) | Value ($000) | ||||||
Guess?, Inc. (a) | 12 | 254 | ||||||
Hibbett, Inc. | 12 | 842 | ||||||
ODP Corp. (The) * | 3 | 135 | ||||||
Rent-A-Center, Inc. | 12 | 663 | ||||||
RH * (a) | 1 | 550 | ||||||
Signet Jewelers Ltd. | 13 | 1,018 | ||||||
Zumiez, Inc. * | 9 | 366 | ||||||
|
| |||||||
4,702 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals — 1.1% | ||||||||
3D Systems Corp. * | 4 | 108 | ||||||
Avid Technology, Inc. * | 12 | 356 | ||||||
Diebold Nixdorf, Inc. * | 30 | 307 | ||||||
Super Micro Computer, Inc. * | 46 | 1,667 | ||||||
|
| |||||||
2,438 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods — 1.4% | ||||||||
Crocs, Inc. * | 2 | 330 | ||||||
Deckers Outdoor Corp. * | 5 | 1,827 | ||||||
G-III Apparel Group Ltd. * | 3 | 88 | ||||||
Kontoor Brands, Inc. | 8 | 385 | ||||||
Movado Group, Inc. | 9 | 290 | ||||||
PLBY Group, Inc. * (a) | 9 | 205 | ||||||
|
| |||||||
3,125 | ||||||||
|
| |||||||
Thrifts & Mortgage Finance — 2.9% | ||||||||
Axos Financial, Inc. * | 4 | 222 | ||||||
Essent Group Ltd. | 18 | 805 | ||||||
Flagstar Bancorp, Inc. | 19 | 975 | ||||||
FS Bancorp, Inc. | 1 | 48 | ||||||
HomeStreet, Inc. | 4 | 169 | ||||||
Kearny Financial Corp. | 14 | 172 | ||||||
Luther Burbank Corp. | 5 | 70 | ||||||
Merchants Bancorp | — | (b) | 2 | |||||
MGIC Investment Corp. | 23 | 344 | ||||||
Mr. Cooper Group, Inc. * | 18 | 729 | ||||||
NMI Holdings, Inc., Class A * | 16 | 350 | ||||||
Provident Bancorp, Inc. | 11 | 175 | ||||||
Provident Financial Services, Inc. | 34 | 786 | ||||||
Radian Group, Inc. | 28 | 625 | ||||||
Walker & Dunlop, Inc. | 10 | 1,100 | ||||||
|
| |||||||
6,572 | ||||||||
|
| |||||||
Trading Companies & Distributors — 3.3% | ||||||||
Applied Industrial Technologies, Inc. | 3 | 243 | ||||||
Beacon Roofing Supply, Inc. * | 13 | 635 | ||||||
Boise Cascade Co. | 4 | 221 | ||||||
CAI International, Inc. | 5 | 252 | ||||||
GMS, Inc. * | 18 | 767 | ||||||
Herc Holdings, Inc. * | 14 | 2,272 | ||||||
MRC Global, Inc. * (a) | 7 | 54 | ||||||
NOW, Inc. * | 54 | 414 | ||||||
Veritiv Corp. * | 4 | 349 | ||||||
WESCO International, Inc. * | 18 | 2,122 | ||||||
|
| |||||||
7,329 | ||||||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $160,635) |
| 214,743 | ||||||
|
| |||||||
| No. of Rights (000) | | ||||||
RIGHTS — 0.0%(c) |
| |||||||
Biotechnology — 0.0%(c) | ||||||||
Contra Aduro Biotech I * ‡ (Cost $63) | 21 | — | (b) | |||||
Shares (000) | ||||||||
SHORT-TERM INVESTMENTS — 12.5% |
| |||||||
INVESTMENT COMPANIES — 3.7% |
| |||||||
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, 0.01% (d) (e) | 8,193 | 8,193 | ||||||
|
| |||||||
INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED — 8.8% |
| |||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.08% (d) (e) | 16,696 | 16,696 | ||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, 0.03% (d) (e) | 3,060 | 3,060 | ||||||
|
| |||||||
TOTAL INVESTMENT OF CASH COLLATERAL FROM SECURITIES LOANED (Cost $19,756) |
| 19,756 | ||||||
|
| |||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $27,949) |
| 27,949 | ||||||
|
| |||||||
Total Investments — 108.7% (Cost $188,647) |
| 242,692 | ||||||
Liabilities in Excess of Other Assets — (8.7)% |
| (19,402 | ) | |||||
|
| |||||||
Net Assets — 100.0% |
| 223,290 | ||||||
|
| |||||||
Percentages indicated are based on net assets. |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
Abbreviations | ||
REIT | Real Estate Investment Trust |
(a) | The security or a portion of this security is on loan at September 30, 2021. The total value of securities on loan at September 30, 2021 is $19,005. |
(b) | Amount rounds to less than one thousand. |
(c) | Amount rounds to less than 0.1% of net assets. |
(d) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(e) | The rate shown is the current yield as of September 30, 2021. |
* | Non-income producing security. |
‡ | Value determined using significant unobservable inputs. |
Futures contracts outstanding as of September 30, 2021 (amounts in thousands, except number of contracts):
Description | Number of Contracts | Expiration Date | Trading Currency | Notional Amount ($) | Value and Unrealized Appreciation (Depreciation) ($) | |||||||||||||||
Long Contracts |
| |||||||||||||||||||
Russell 2000 E-Mini Index | 76 | 12/2021 | USD | 8,370 | (108 | ) | ||||||||||||||
|
|
Abbreviations | ||
USD | United States Dollar |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
(Dollar values in thousands)
A. Valuation of Investments — Investments are valued in accordance with U.S. generally accepted accounting principles (“GAAP”) and the Portfolio’s valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the “Board”), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.
J.P. Morgan Investment Management Inc. (the “Administrator”) has established the J.P. Morgan Asset Management Americas Valuation Committee (“AVC”) to assist the Board with the oversight and monitoring of the valuation of the Portfolio’s investments. The Administrator implements the valuation policies of the Portfolio’s investments, as directed by the Board. The AVC oversees and carries out the policies for the valuation of investments held in the Portfolio. This includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited, to consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.
A market-based approach is primarily used to value the Portfolio’s investments. Investments for which market quotations are not readily available are fair valued by approved affiliated and/or unaffiliated approved pricing vendors or third party broker-dealers (collectively referred to as “Pricing Services”) or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.
Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset values (“NAV”) of the Portfolio are calculated on a valuation date.
Investments in open-end investment companies (“Underlying Funds”) are valued at each Underlying Fund’s NAV per share as of the report date.
Futures contracts are generally valued on the basis of available market quotations.
Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.
The various inputs that are used in determining the valuation of the Portfolio’s investments are summarized into the three broad levels listed below.
• | Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments. |
• | Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs. |
• | Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Portfolio’s assumptions in determining the fair value of investments). |
A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.
The following table represents each valuation input as presented on the Schedule of Portfolio Investments:
Level 1 Quoted prices | Level 2 Other significant observable inputs | Level 3 Significant unobservable inputs | Total | |||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | $ | 214,743 | $ | — | — | $ | 214,743 | |||||||||
Rights | — | — | — | (a) | — | (a) | ||||||||||
Short-Term Investments | ||||||||||||||||
Investment Companies | 8,193 | — | — | 8,193 | ||||||||||||
Investment of Cash Collateral from Securities Loaned | 19,756 | — | — | 19,756 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Short-Term Investments | 27,949 | — | — | 27,949 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments in Securities | $ | 242,692 | $ | — | $ | — | (a) | $ | 242,692 | |||||||
|
|
|
|
|
|
|
| |||||||||
Depreciation in Other Financial Instruments |
| |||||||||||||||
Futures Contracts | $ | (108 | ) | $ | — | $ | — | $ | (108 | ) | ||||||
|
|
|
|
|
|
|
|
(a) | Amount rounds to less than one thousand. |
JPMorgan Insurance Trust Small Cap Core Portfolio
SCHEDULE OF PORTFOLIO INVESTMENTS
AS OF SEPTEMBER 30, 2021 (Unaudited) (continued)
(Dollar values in thousands)
B. Investment Transactions with Affiliates — The Portfolio invested in Underlying Funds, which are advised by the Adviser. An issuer which is under common control with the Portfolio may be considered an affiliate. The Portfolio assumes the issuers listed in the table below to be affiliated issuers. Underlying Funds’ distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.
For the period ended September 30, 2021 | ||||||||||||||||||||||||||||||||||||
Security Description | Value at December 31, 2020 | Purchases at Cost | Proceeds from Sales | Net Realized Gain (Loss) | Change in Unrealized Appreciation/ (Depreciation) | Value at September 30, 2021 | Shares at September 30, 2021 | Dividend Income | Capital Gain Distributions | |||||||||||||||||||||||||||
JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 0.08% (a) (b) | $ | 8,498 | $ | 62,000 | $ | 53,800 | $ | (3 | ) | $ | 1 | $ | 16,696 | 16,696 | $ | 13 | $ | — | ||||||||||||||||||
JPMorgan U.S. Government Money Market Fund Class IM Shares, | 6,291 | 62,147 | 65,378 | — | — | 3,060 | 3,060 | 1 | — | |||||||||||||||||||||||||||
JPMorgan U.S. Government Money Market Fund Class Institutional Shares, | 3,240 | 63,943 | 58,990 | — | — | 8,193 | 8,193 | — | (c) | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||
Total | $ | 18,029 | $ | 188,090 | $ | 178,168 | $ | (3 | ) | $ | 1 | $ | 27,949 | $ | 14 | $ | — | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. |
(b) | The rate shown is the current yield as of September 30, 2021. |
(c) | Amount rounds to less than one thousand. |