JPMORGAN CHASE & CO JPM
COM · Common Stock · CUSIP 46625H100 · ISIN US46625H1005
American multinational banking and financial services holding company
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersNew York, NY
- Founded1968
- Websitejpmorganchase.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.6bn this quarter). Holder counts are more reliable. Shares outstanding: 2.8bn as of 2025-01-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $239.45. Options: 84 managers hold calls ($8.2bn notional), 89 hold puts ($10.6bn).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,396 |
| Q4 2022 | 3,627 |
| Q1 2023 | 3,612 |
| Q2 2023 | 3,672 |
| Q3 2023 | 3,711 |
| Q4 2023 | 4,000 |
| Q1 2024 | 4,118 |
| Q2 2024 | 4,179 |
| Q3 2024 | 4,213 |
| Q4 2024 | 4,677 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 1,790 | 1,571 |
| Q2 2023 | 1,756 | 1,614 |
| Q3 2023 | 1,694 | 1,646 |
| Q4 2023 | 1,722 | 1,746 |
| Q1 2024 | 1,801 | 1,948 |
| Q2 2024 | 1,870 | 1,904 |
| Q3 2024 | 1,858 | 1,972 |
| Q4 2024 | 1,878 | 2,023 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $8.7bn | $9.6bn | 1.11 |
| Q2 2024 | $6.9bn | $8.7bn | 1.27 |
| Q3 2024 | $8.1bn | $10.6bn | 1.30 |
| Q4 2024 | $8.2bn | $10.6bn | 1.29 |
Biggest buyers
| MACKENZIE FINANCIAL CORP | Added | +5.1m |
| NORTHERN TRUST CORP | Added | +4.5m |
| BlackRock, Inc. | Added | +4.3m |
| VIKING GLOBAL INVESTORS LP | Added | +3.8m |
| Focus Partners Wealth | Added | +2.9m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +2.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +2.5m |
| APG Asset Management N.V. | Added | +2.2m |
| Capital Research Global Investors | Added | +1.9m |
| CITADEL ADVISORS LLC | Added | +1.7m |
Biggest sellers
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -7.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -6.0m |
| Capital World Investors | Reduced | -5.5m |
| JPMORGAN CHASE & CO | Reduced | -4.5m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.1m |
| BANK OF MONTREAL /CAN/ | Reduced | -1.4m |
| FRANKLIN RESOURCES INC | Reduced | -1.4m |
| NORGES BANK | Reduced | -1.2m |
| ROYAL BANK OF CANADA | Reduced | -1.1m |
| BARCLAYS PLC | Reduced | -1.1m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.5bn6.4m shares |
| CITADEL ADVISORS LLC | Added | $1.1bn4.7m shares |
| JANE STREET GROUP, LLC | Reduced | $609.8m2.5m shares |
| BANK OF AMERICA CORP /DE/ | Added | $486.7m2.0m shares |
| UBS Group AG | Added | $365.3m1.5m shares |
| IMC-Chicago, LLC | Added | $345.4m1.4m shares |
| SIMPLEX TRADING, LLC | Reduced | $311.2m1.3m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $300.1m1.3m shares |
| D. E. Shaw & Co., Inc. | Reduced | $262.8m1.1m shares |
| Squarepoint Ops LLC | Added | $243.3m1.0m shares |
Biggest puts
| Assenagon Asset Management S.A. | Added | $1.1bn4.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1bn4.7m shares |
| UBS Group AG | Added | $940.2m3.9m shares |
| CITADEL ADVISORS LLC | Reduced | $769.5m3.2m shares |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | $760.4m31.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $563.2m2.3m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $450.6m1.9m shares |
| IMC-Chicago, LLC | Added | $386.0m1.6m shares |
| CMT Capital Markets Trading GmbH | Added | $325.0m1.4m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $294.7m1.2m shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 1 | $50.4k | 6 | $9.8m | — |
| Q2 2023 | 0 | — | 7 | $24.7m | $24.7m |
| Q3 2023 | 0 | — | 1 | $1.3m | $1.3m |
| Q4 2023 | 0 | — | 1 | $5.2m | $5.2m |
| Q1 2024 | 0 | — | 10 | $173.2m | $173.2m |
| Q2 2024 | 0 | — | 9 | $49.5m | $49.5m |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 1.14% of their portfolio | 272.4m $65.3bn | Added +233.6k |
| BlackRock, Inc. 1.00% of their portfolio | 206.7m $49.5bn | Added +4.3m |
| STATE STREET CORP 1.20% of their portfolio | 127.3m $30.5bn | Added +1.2m |
| MORGAN STANLEY 1.16% of their portfolio | 68.8m $16.5bn | Reduced -372.2k |
| GEODE CAPITAL MANAGEMENT, LLC 1.10% of their portfolio | 59.2m $14.2bn | Added +876.4k |
| BANK OF AMERICA CORP /DE/ 1.10% of their portfolio | 49.4m $11.8bn | Reduced -656.3k |
| FMR LLC 0.69% of their portfolio | 48.2m $11.6bn | Reduced -121.0k |
| NORGES BANK 1.09% of their portfolio | 34.7m $8.3bn | Reduced -1.2m |
| NORTHERN TRUST CORP 1.15% of their portfolio | 33.8m $8.1bn | Added +4.5m |
| Capital International Investors 1.48% of their portfolio | 32.8m $7.9bn | Reduced -938.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.82% of their portfolio | 29.7m $7.1bn | Reduced -407.8k |
| WELLINGTON MANAGEMENT GROUP LLP 1.29% of their portfolio | 29.3m $7.0bn | Reduced -468.9k |
| Capital World Investors 1.05% of their portfolio | 28.9m $6.9bn | Reduced -5.5m |
| Bank of New York Mellon Corp 1.08% of their portfolio | 24.3m $5.8bn | Reduced -813.0k |
| WELLS FARGO & COMPANY/MN 1.40% of their portfolio | 24.2m $5.8bn | Reduced -246.2k |
| ROYAL BANK OF CANADA 1.19% of their portfolio | 23.0m $5.5bn | Reduced -1.1m |
| Capital Research Global Investors 1.13% of their portfolio | 22.8m $5.5bn | Added +1.9m |
| AMERIPRISE FINANCIAL INC 1.39% of their portfolio | 22.5m $5.4bn | Reduced -489.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 1.65% of their portfolio | 21.8m $5.2bn | Reduced -3.1m |
| DIMENSIONAL FUND ADVISORS LP 1.23% of their portfolio | 21.3m $5.1bn | Reduced -560.5k |
| GOLDMAN SACHS GROUP INC 0.93% of their portfolio | 20.3m $4.9bn | Added +1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.89% of their portfolio | 20.1m $4.8bn | Added +71.1k |
| UBS Group AG 1.07% of their portfolio | 20.0m $4.8bn | Added +852.4k |
| Legal & General Group Plc 1.18% of their portfolio | 18.6m $4.5bn | Added +223.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.98% of their portfolio | 17.6m $4.2bn | Added +2.5m |
| Fisher Asset Management, LLC 1.66% of their portfolio | 17.4m $4.2bn | Added +617.2k |
| Nuveen Asset Management, LLC 1.08% of their portfolio | 16.0m $3.8bn | Reduced -343.1k |
| RAYMOND JAMES FINANCIAL INC 1.30% of their portfolio | 14.7m $3.5bn | First filing |
| FRANKLIN RESOURCES INC 0.92% of their portfolio | 13.7m $3.3bn | Reduced -1.4m |
| Invesco Ltd. 0.59% of their portfolio | 13.2m $3.2bn | Reduced -237.5k |
| DEUTSCHE BANK AG\ 1.18% of their portfolio | 12.5m $3.0bn | Reduced -45.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 2.73% of their portfolio | 10.7m $2.6bn | Added +2.6m |
| NEUBERGER BERMAN GROUP LLC 1.73% of their portfolio | 9.1m $2.2bn | Reduced -544.2k |
| Boston Partners 2.45% of their portfolio | 8.4m $2.0bn | Reduced -296.4k |
| Sanders Capital, LLC 2.89% of their portfolio | 8.3m $2.0bn | Added +55.6k |
| BARCLAYS PLC 0.95% of their portfolio | 8.0m $1.9bn | Reduced -1.1m |
| MACKENZIE FINANCIAL CORP 0.86% of their portfolio | 7.9m $1.9bn | Added +5.1m |
| VIKING GLOBAL INVESTORS LP 5.79% of their portfolio | 7.5m $1.8bn | Added +3.8m |
| HSBC HOLDINGS PLC 1.08% of their portfolio | 7.3m $1.7bn | Reduced -822.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.55% of their portfolio | 7.1m $1.7bn | Added +67.1k |
| BANK OF MONTREAL /CAN/ 0.82% of their portfolio | 6.9m $1.6bn | Reduced -1.4m |
| PNC Financial Services Group, Inc. 1.10% of their portfolio | 6.8m $1.6bn | Reduced -59.0k |
| Sumitomo Mitsui Trust Group, Inc. 1.10% of their portfolio | 6.8m $1.6bn | Reduced -219.2k |
| Clearbridge Investments, LLC 1.30% of their portfolio | 6.7m $1.6bn | Reduced -555.4k |
| California Public Employees Retirement System 1.00% of their portfolio | 6.2m $1.5bn | Reduced -228.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.41% of their portfolio | 6.1m $1.5bn | Added +390.4k |
| ALLIANCEBERNSTEIN L.P. 0.50% of their portfolio | 6.1m $1.5bn | Added +127.8k |
| Baird Financial Group, Inc. 2.74% of their portfolio | 6.0m $1.4bn | Added +101.8k |
| BESSEMER GROUP INC 2.28% of their portfolio | 5.8m $1.4bn | Reduced -84.3k |
| PRINCIPAL FINANCIAL GROUP INC 0.73% of their portfolio | 5.6m $1.3bn | Reduced -245.7k |
| Unisphere Establishment 11.13% of their portfolio | 5.3m $1.3bn | Reduced -23.0k |
| PRIMECAP MANAGEMENT CO/CA/ 0.99% of their portfolio | 5.3m $1.3bn | Reduced -327.8k |
| Amundi 0.45% of their portfolio | 5.3m $1.3bn | Reduced -968.8k |
| RHUMBLINE ADVISERS 1.11% of their portfolio | 5.2m $1.2bn | Reduced -130.4k |
| National Pension Service 1.15% of their portfolio | 5.1m $1.2bn | Reduced -181.6k |
| TD Asset Management Inc 1.05% of their portfolio | 5.0m $1.2bn | Added +142.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.09% of their portfolio | 4.6m $1.1bn | Added +341.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 1.25% of their portfolio | 4.4m $1.1bn | Reduced -169.9k |
| JPMORGAN CHASE & CO 0.08% of their portfolio | 4.4m $1.1bn | Reduced -4.5m |
| Focus Partners Wealth 1.40% of their portfolio | 4.4m $1.1bn | Added +2.9m |
| CITIGROUP INC 1.01% of their portfolio | 4.4m $1.0bn | Reduced -49.4k |
| JANUS HENDERSON GROUP PLC 0.51% of their portfolio | 4.2m $1.0bn | Reduced -657.9k |
| STIFEL FINANCIAL CORP 1.04% of their portfolio | 4.2m $996.3m | Added +35.9k |
| Swedbank AB 1.22% of their portfolio | 4.1m $989.3m | Reduced -58.1k |
| AMERICAN CENTURY COMPANIES INC 0.56% of their portfolio | 4.0m $967.1m | Reduced -140.6k |
| LPL Financial LLC 0.39% of their portfolio | 4.0m $963.0m | Added +306.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.88% of their portfolio | 3.9m $925.0m | Reduced -260.5k |
| US BANCORP \DE\ 1.21% of their portfolio | 3.8m $922.7m | Reduced -45.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.96% of their portfolio | 3.8m $919.5m | Added +236.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.70% of their portfolio | 3.8m $910.1m | Reduced -621.8k |
| Fayez Sarofim & Co 2.21% of their portfolio | 3.8m $910.2m | Added +489.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 1.20% of their portfolio | 3.7m $896.6m | Added +8.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.87% of their portfolio | 3.6m $871.9m | Reduced -739.0k |
| Ensign Peak Advisors, Inc 1.53% of their portfolio | 3.6m $862.7m | Reduced -91.0k |
| Robeco Institutional Asset Management B.V. 1.61% of their portfolio | 3.5m $849.2m | Added +89.1k |
| Corient Private Wealth LP 1.39% of their portfolio | 3.5m $838.5m | Reduced -168.4k |
| DekaBank Deutsche Girozentrale 1.51% of their portfolio | 3.4m $816.6m | Unchanged |
| CIBC Private Wealth Group LLC 1.43% of their portfolio | 3.2m $788.4m | Reduced -69.8k |
| NATIONAL BANK OF CANADA /FI/ 0.97% of their portfolio | 3.1m $750.2m | Reduced -575.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.77% of their portfolio | 3.1m $735.0m | Added +388.1k |
| FIL Ltd 0.67% of their portfolio | 3.0m $715.0m | Added +146.9k |
| HighTower Advisors, LLC 0.94% of their portfolio | 2.9m $690.7m | Added +147.1k |
| PRUDENTIAL FINANCIAL INC 0.95% of their portfolio | 2.9m $690.5m | Reduced -298.7k |
| Allianz Asset Management GmbH 1.00% of their portfolio | 2.9m $690.1m | Reduced -369.9k |
| TRUIST FINANCIAL CORP 1.08% of their portfolio | 2.9m $688.2m | Added +13.1k |
| Rathbones Group PLC 3.29% of their portfolio | 2.8m $680.0m | Added +129.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 1.24% of their portfolio | 2.7m $654.2m | Reduced -19.8k |
| APG Asset Management N.V. 1.76% of their portfolio | 2.7m $630.9m | Added +2.2m |
| VICTORY CAPITAL MANAGEMENT INC 0.63% of their portfolio | 2.7m $643.4m | Reduced -40.2k |
| Mariner, LLC 1.08% of their portfolio | 2.7m $642.4m | Added +161.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.56% of their portfolio | 2.7m $641.9m | Reduced -25.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 1.10% of their portfolio | 2.6m $626.4m | Reduced -117.6k |
| CANADA LIFE ASSURANCE Co 1.08% of their portfolio | 2.6m $624.5m | Added +32.6k |
| STOREBRAND ASSET MANAGEMENT AS 1.78% of their portfolio | 2.4m $584.8m | Added +35.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 1.23% of their portfolio | 2.4m $584.1m | Reduced -141.1k |
| Capital Wealth Planning, LLC 5.32% of their portfolio | 2.4m $575.3m | Reduced -100.1k |
| BLAIR WILLIAM & CO/IL 1.66% of their portfolio | 2.4m $571.6m | Reduced -24.9k |
| 1832 Asset Management L.P. 1.01% of their portfolio | 2.4m $567.4m | Added +42.0k |
| NATIXIS ADVISORS, LLC 0.99% of their portfolio | 2.2m $530.2m | Reduced -13.9k |
| FIFTH THIRD BANCORP 1.91% of their portfolio | 2.2m $527.6m | Reduced -41.5k |