0001752724-21-256774.txt : 20211124 0001752724-21-256774.hdr.sgml : 20211124 20211124132013 ACCESSION NUMBER: 0001752724-21-256774 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211124 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JPMORGAN INSURANCE TRUST CENTRAL INDEX KEY: 0000909221 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07874 FILM NUMBER: 211444454 BUSINESS ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 BUSINESS PHONE: 800-480-4111 MAIL ADDRESS: STREET 1: 277 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10172 FORMER COMPANY: FORMER CONFORMED NAME: JPMORGAN INVESTMENT TRUST DATE OF NAME CHANGE: 20050504 FORMER COMPANY: FORMER CONFORMED NAME: ONE GROUP INVESTMENT TRUST DATE OF NAME CHANGE: 19930716 0000909221 S000013000 JPMorgan Insurance Trust Small Cap Core Portfolio C000035129 Class 2 C000074216 Class 1 NPORT-P 1 primary_doc.xml NPORT-P false 0000909221 XXXXXXXX S000013000 C000035129 C000074216 JPMORGAN INSURANCE TRUST 811-07874 0000909221 549300J0V5HLQCPT0O05 277 Park Avenue New York 10172 800-480-4111 JPMorgan Insurance Trust Small Cap Core Portfolio S000013000 549300PK2XLS9APOMK74 2021-12-31 2021-09-30 N 243991099.80 20794830.94 223196268.86 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 15580.00000000 N Radian Group, Inc. 54930005OUP720S5U385 Radian Group, Inc. 750236101 27500.00000000 NS USD 624800.00000000 0.279932994933 Long EC CORP US N 1 N N N Green Plains, Inc. 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SM8L9RZYIB34LNTWO040 Avient Corp. 05368V106 16300.00000000 NS USD 755505.00000000 0.338493561679 Long EC CORP US N 1 N N N Oil States International, Inc. 5493004TF4KQJGMYL777 Oil States International, Inc. 678026105 17400.00000000 NS USD 111186.00000000 0.049815348871 Long EC CORP US N 1 N N Valley National Bancorp 549300ET52S1UBIB9762 Valley National Bancorp 919794107 11600.00000000 NS USD 154396.00000000 0.069174991494 Long EC CORP US N 1 N N N Heritage Insurance Holdings, Inc. 9845008CCYDD87F66B45 Heritage Insurance Holdings, Inc. 42727J102 1900.00000000 NS USD 12939.00000000 0.005797139919 Long EC CORP US N 1 N N N Gibraltar Industries, Inc. N/A Gibraltar Industries, Inc. 374689107 2200.00000000 NS USD 153230.00000000 0.068652581327 Long EC CORP US N 1 N N N Barnes Group, Inc. G1MSYD2DQZX30V5DMX12 Barnes Group, Inc. 067806109 5200.00000000 NS USD 216996.00000000 0.097222055327 Long EC CORP US N 1 N N N Outset Medical, Inc. N/A Outset Medical, Inc. 690145107 3900.00000000 NS USD 192816.00000000 0.086388540894 Long EC CORP US N 1 N N N Metropolitan Bank Holding Corp. N/A Metropolitan Bank Holding Corp. 591774104 1600.00000000 NS USD 134880.00000000 0.060431117728 Long EC CORP US N 1 N N N EMCOR Group, Inc. 529900X0SQJB2J7YDU43 EMCOR Group, Inc. 29084Q100 9075.00000000 NS USD 1047073.50000000 0.469126793807 Long EC CORP US N 1 N N N Vectrus, Inc. N/A Vectrus, Inc. 92242T101 700.00000000 NS USD 35196.00000000 0.015769080809 Long EC CORP US N 1 N N N Cutera, Inc. 529900NPKPEWJWR21Z42 Cutera, Inc. 232109108 20400.00000000 NS USD 950640.00000000 0.425921098437 Long EC CORP US N 1 N N MEDNAX, Inc. N/A MEDNAX, Inc. 58502B106 4700.00000000 NS USD 133621.00000000 0.059867040198 Long EC CORP US N 1 N N N Arch Resources, Inc. 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N/A HomeStreet, Inc. 43785V102 4100.00000000 NS USD 168715.00000000 0.075590421319 Long EC CORP US N 1 N N N Sunrun, Inc. 54930007SJ77CI66U531 Sunrun, Inc. 86771W105 21000.00000000 NS USD 924000.00000000 0.413985415042 Long EC CORP US N 1 N N eHealth, Inc. 5299003O8Y5OKXUZQ421 eHealth, Inc. 28238P109 5700.00000000 NS USD 230850.00000000 0.103429148336 Long EC CORP US N 1 N N Plymouth Industrial REIT, Inc. N/A Plymouth Industrial REIT, Inc. 729640102 14000.00000000 NS USD 318500.00000000 0.142699518063 Long EC CORP US N 1 N N N Herman Miller, Inc. U98HXD3PNK7HYU2MU887 Herman Miller, Inc. 600544100 18388.00000000 NS USD 692492.08000000 0.310261494753 Long EC CORP US N 1 N N N 2021-10-29 JPMORGAN INSURANCE TRUST Timothy J. Clemens Timothy J. Clemens Treasurer and Principal Financial Officer XXXX NPORT-EX 2 HG_INSTSCC.htm HTML

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)
(Cost $8,193)

     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,
0.03% (a) (b)

    6,291       62,147       65,378       —         —         3,060       3,060       1       —    

JPMorgan U.S. Government Money Market Fund Class Institutional Shares,
0.01% (a) (b)

    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.