<PAGE> PAGE 1
000 A000000 09/30/94
000 C000000 0000894088
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE JPM INSTITUTIONAL FUNDS
001 B000000 811-7342
001 C000000 6174230800
002 A000000 6 SAINT JAMES AVENUE, 9TH FLOOR
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 14
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C021400 THE JPM INSTITUTIONAL N.Y. TOTAL RETURN BOND
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
<PAGE> PAGE 2
007 C012800 28
007 C012900 29
007 C013000 30
015 A00AA01 STATE STREET BANK & TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02103
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 31
019 C00AA00 PIERPONTXX
020 A000001 NONE
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 THE NEW YORK TOTAL RETURN BOND PORTFOLIO
022 B000001 04-3221851
022 C000001 11524
022 D000001 53
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
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022 C000008 0
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022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 11524
023 D000000 53
026 A000000 N
026 B000000 N
<PAGE> PAGE 3
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
077 A000000 N
013 A001401 PRICE WATERHOUSE
013 B011401 NEW YORK
013 B021401 NY
013 B031401 10020
024 001400 N
028 A011400 6484
028 A021400 5
028 A031400 0
028 A041400 0
028 B011400 40
028 B021400 17
028 B031400 0
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028 C011400 3800
028 C021400 34
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028 C041400 41
028 D011400 0
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028 D031400 0
028 D041400 0
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028 E031400 0
028 E041400 0
028 F011400 1100
028 F021400 27
028 F031400 0
028 F041400 0
028 G011400 11424
028 G021400 163
028 G031400 0
028 G041400 41
028 H001400 0
029 001400 N
030 A001400 0
030 B001400 0.00
030 C001400 0.00
034 001400 N
035 001400 0
036 B001400 0
037 001400 N
<PAGE> PAGE 4
038 001400 0
039 001400 N
040 001400 N
041 001400 N
042 A001400 0
042 B001400 0
042 C001400 0
042 D001400 0
042 E001400 0
042 F001400 0
042 G001400 0
042 H001400 0
043 001400 0
044 001400 0
045 001400 N
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048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
048 G021400 0.000
048 H011400 0
048 H021400 0.000
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
055 A001400 N
055 B001400 N
056 001400 Y
057 001400 N
058 A001400 N
059 001400 Y
060 A001400 N
060 B001400 N
061 001400 1000000
062 A001400 N
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
<PAGE> PAGE 5
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 0.0
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
066 A001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 N
070 B021400 N
070 C011400 N
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 N
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 N
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 N
070 L021400 N
070 M011400 N
070 M021400 N
070 N011400 N
070 N021400 N
070 O011400 N
070 O021400 N
070 P011400 N
070 P021400 N
<PAGE> PAGE 6
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400 0
071 B001400 0
071 C001400 0
071 D001400 0
072 A001400 6
072 B001400 165
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072 M001400 0
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072 U001400 1
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072 X001400 31
072 Y001400 31
072 Z001400 165
072AA001400 6
072BB001400 0
072CC011400 0
072CC021400 91
072DD011400 165
072DD021400 0
072EE001400 0
073 A011400 0.1800
073 A021400 0.0000
073 B001400 0.0000
073 C001400 0.0000
074 A001400 0
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074 D001400 0
074 E001400 0
074 F001400 0
<PAGE> PAGE 7
074 G001400 0
074 H001400 0
074 I001400 11550
074 J001400 0
074 K001400 31
074 L001400 0
074 M001400 11
074 N001400 11592
074 O001400 0
074 P001400 3
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 29
074 S001400 0
074 T001400 11560
074 U011400 1160
074 U021400 0
074 V011400 9.96
074 V021400 0.00
074 W001400 0.0000
074 X001400 9
074 Y001400 0
075 A001400 0
075 B001400 8477
076 001400 0.00
SIGNATURE DONALD S. RUMERY
TITLE ASST TREASURER
