Vault-13

J P MORGAN EXCHANGE TRADED F BBCA

BETABUILDERS CDA · ETP · CUSIP 46641Q225

212 institutional holders +29 vs Q1 2025
83,592,57183.6m shares reported held*
$6.7bnreported value*
46 new 42 added 65 reduced 18 sold out net bought ≈ $29.2m (+361.4k shares)

* 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. Holder counts are more reliable. Implied quarter-end price ≈ $80.70.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 129Q4 22: 137Q1 23: 141Q2 23: 143Q3 23: 151Q4 23: 162Q1 24: 170Q2 24: 175Q3 24: 195Q4 24: 204Q1 25: 183Q2 25: 212212Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022129
Q4 2022137
Q1 2023141
Q2 2023143
Q3 2023151
Q4 2023162
Q1 2024170
Q2 2024175
Q3 2024195
Q4 2024204
Q1 2025183
Q2 2025212

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q3 23: 74 bought or addedQ3 23: 69 cut or sold outQ4 23: 77 bought or addedQ4 23: 73 cut or sold outQ4 23Q1 24: 82 bought or addedQ1 24: 68 cut or sold outQ2 24: 73 bought or addedQ2 24: 78 cut or sold outQ2 24Q3 24: 95 bought or addedQ3 24: 78 cut or sold outQ4 24: 80 bought or addedQ4 24: 77 cut or sold outQ4 24Q1 25: 63 bought or addedQ1 25: 101 cut or sold outQ2 25: 88 bought or addedQ2 25: 83 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237469
Q4 20237773
Q1 20248268
Q2 20247378
Q3 20249578
Q4 20248077
Q1 202563101
Q2 20258883

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $7.2kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $734.1kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $751.4kQ1 25 puts: $21.5kQ1 25P/C 0.03Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$7.2k$00.00
Q4 2024$734.1k$00.00
Q1 2025$751.4k$21.5k0.03
Q2 2025$0$0—

Biggest buyers

Municipal Employees' Retirement System of Michigan New +940,556+940.6k
VICTORY CAPITAL MANAGEMENT INC Added +525,966+526.0k
Tradewinds Capital Management, LLC New +157,067+157.1k
Summit Financial, LLC New +117,998+118.0k
CITADEL ADVISORS LLC Added +76,455+76.5k
Mirae Asset Global Investments Co., Ltd. Added +55,438+55.4k
ROYAL BANK OF CANADA Added +50,838+50.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +48,770+48.8k
FLOW TRADERS U.S. LLC New +35,311+35.3k
OSAIC HOLDINGS, INC. Added +32,275+32.3k

Biggest sellers

RAYMOND JAMES FINANCIAL INC Reduced -352,361-352.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -286,204-286.2k
RiverFront Investment Group, LLC Reduced -221,969-222.0k
ASSETMARK, INC Reduced -214,744-214.7k
JPMORGAN CHASE & CO Reduced -180,507-180.5k
Financial Management Professionals, Inc. Sold out -105,320-105.3k
WELLS FARGO & COMPANY/MN Reduced -93,602-93.6k
GTS SECURITIES LLC Sold out -88,973-89.0k
HighTower Advisors, LLC Reduced -65,874-65.9k
BANK OF AMERICA CORP /DE/ Reduced -43,809-43.8k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.42% of their portfolio NEW YORK, NY 76,226,04076.2m $6.2bn $6.2bn 0.42% Reduced -180.5k -180,507
2 Municipal Employees' Retirement System of Michigan 0.91% of their portfolio LANSING, MI 940,556940.6k $75.9m $75.9m 0.91% New
3 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 687,190687.2k $55.5m $55.5m 0.04% Added +526.0k +525,966
4 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 529,331529.3k $42.7m $42.7m 0.10% Reduced -214.7k -214,744
5 Mirae Asset Global Investments Co., Ltd. 0.14% of their portfolio SEOUL, M5 486,115486.1k $39.2m $39.2m 0.14% Added +55.4k +55,438
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 465,339465.3k $37.6m $37.6m 0.01% Reduced -286.2k -286,204
7 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 389,704389.7k $31.4m $31.4m 0.04% Reduced -65.9k -65,874
8 RiverFront Investment Group, LLC 0.60% of their portfolio RICHMOND, VA 381,257381.3k $30.8m $30.8m 0.60% Reduced -222.0k -221,969
9 Elm Partners Management LLC 1.23% of their portfolio Philadelphia, PA 261,996262.0k $21.1m $21.1m 1.23% Reduced -12.8k -12,794
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 209,724209.7k $16.9m $16.9m 0.00% Added +50.8k +50,838
11 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 184,617184.6k $14.9m $14.9m 0.00% Added +14.2k +14,167
12 Tradewinds Capital Management, LLC 3.19% of their portfolio BELLINGHAM, WA 157,067157.1k $12.7m $12.7m 3.19% New
13 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 151,322151.3k $12.2m $12.2m 0.00% Reduced -25.6k -25,594
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 146,272146.3k $11.8m $11.8m 0.00% Reduced -352.4k -352,361
15 Willis Johnson & Associates, Inc. 0.74% of their portfolio Houston, TX 134,189134.2k $10.8m $10.8m 0.74% Added +29.9k +29,882
16 SPINNAKER TRUST 0.61% of their portfolio PORTLAND, ME 126,313126.3k $10.2m $10.2m 0.61% Added +885 +885
17 Summit Financial, LLC 0.22% of their portfolio PARSIPPANY, NJ 117,998118.0k $9.5m $9.5m 0.22% New
18 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 104,043104.0k $8.4m $8.4m 0.00% Reduced -93.6k -93,602
19 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 98,65898.7k $8.0m $8.0m 0.01% Added +2.3k +2,344
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 98,48398.5k $7.9m $7.9m 0.00% Added +3.0k +2,956
21 ATLAS CAPITAL ADVISORS INC. 0.89% of their portfolio JACKSON, WY 90,51890.5k $7.3m $7.3m 0.89% Added +3.0k +3,010
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 89,35389.4k $7.2m $7.2m 0.00% Reduced -43.8k -43,809
23 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 82,59582.6k $6.7m $6.7m 0.01% Added +76.5k +76,455
24 SEGALL BRYANT & HAMILL, LLC 0.09% of their portfolio CHICAGO, IL 81,30481.3k $6.6m $6.6m 0.09% Reduced -2.4k -2,369
25 PGIM Custom Harvest LLC 0.13% of their portfolio NEWARK, NJ 77,85677.9k $6.3m $6.3m 0.13% Added +3.8k +3,778
26 Keel Point, LLC 0.40% of their portfolio HUNTSVILLE, AL 74,14074.1k $6.0m $6.0m 0.40% Unchanged
27 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 66,64766.6k $5.4m $5.4m 0.01% Reduced -27.4k -27,366
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 63,74963.7k $5.1m $5.1m 0.00% Added +751 +751
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 48,77048.8k $3.9m $3.9m 0.01% New
30 GREENWOOD CAPITAL ASSOCIATES LLC 0.47% of their portfolio GREENWOOD, SC 46,57846.6k $3.8m $3.8m 0.47% Added +1.0k +1,045
31 Dorsey & Whitney Trust CO LLC 0.19% of their portfolio SIOUX FALLS, SD 43,44843.4k $3.5m $3.5m 0.19% Reduced -124 -124
32 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 43,14443.1k $3.1m $3.1m 0.01% Added +32.3k +32,275
33 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 42,12342.1k $3.4m $3.4m 0.01% Reduced -34.5k -34,460
34 CHOREO, LLC 0.04% of their portfolio ROCKFORD, IL 38,68038.7k $3.1m $3.1m 0.04% Added +2.0k +1,994
35 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 35,75035.8k $2.9m $2.9m 0.00% Added +12.7k +12,691
36 FLOW TRADERS U.S. LLC 0.11% of their portfolio NEW YORK, NY 35,31135.3k $2.9m $2.9m 0.11% New
37 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 31,05131.1k $2.5m $2.5m 0.00% Reduced -144 -144
38 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 30,33530.3k $2.4m $2.4m 0.00% Reduced -7.1k -7,147
39 ACIMA PRIVATE WEALTH, LLC 0.77% of their portfolio RICHMOND, VA 28,10428.1k $2.3m $2.3m 0.77% Reduced -420 -420
40 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 24,87324.9k $2.0m $2.0m 0.00% New
41 Quantinno Capital Management LP 0.01% of their portfolio NEW YORK, NY 24,61324.6k $2.0m $2.0m 0.01% Added +15.9k +15,935
42 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 23,81123.8k $1.9m $1.9m 0.00% Reduced -1.3k -1,343
43 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 22,70022.7k $1.8m $1.8m 0.00% New
44 COMERICA BANK 0.01% of their portfolio DALLAS, TX 21,08321.1k $1.7m $1.7m 0.01% Reduced -1.9k -1,921
45 Alaska Permanent Capital Management, LLC 0.11% of their portfolio ANCHORAGE, AK 18,33618.3k $1.5m $1.5m 0.11% Reduced -174 -174
46 FMR LLC 0.00% of their portfolio BOSTON, MA 18,24118.2k $1.5m $1.5m 0.00% Added +866 +866
47 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 16,63316.6k $1.3m $1.3m 0.01% New
48 Sunpointe, LLC 0.50% of their portfolio ST. LOUIS, MO 15,74915.7k $1.3m $1.3m 0.50% Added +890 +890
49 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 15,30315.3k $1.2m $1.2m 0.00% Added +11 +11
50 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 13,80713.8k $1.1m $1.1m 0.00% Reduced -6.1k -6,097
51 Hudson Portfolio Management LLC 1.00% of their portfolio Garrison, NY 13,20813.2k $1.1m $1.1m 1.00% Reduced -150 -150
52 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,43012.4k $1.0m $1.0m 0.00% Added +1.1k +1,073
53 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,92811.9k $962.6k $962.6k 0.00% Reduced -1.0k -1,033
54 SYON CAPITAL LLC 0.06% of their portfolio SAN FRANCISCO, CA 11,18811.2k $902.9k $902.9k 0.06% Reduced -1.8k -1,774
55 Yoffe Investment Management, LLC 1.18% of their portfolio LEMOYNE, PA 10,66610.7k $860.8k $860.8k 1.18% Added +11 +11
56 CWM, LLC 0.00% of their portfolio OMAHA, NE 9,7469.7k $786.0k $786.0k 0.00% Reduced -29.6k -29,613
57 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 9,7299.7k $785.1k $785.1k 0.00% New
58 Mariner, LLC 0.00% of their portfolio Overland Park, KS 9,7269.7k $784.9k $784.9k 0.00% Added +245 +245
59 Wilmington Savings Fund Society, FSB 0.01% of their portfolio WILMINGTON, DE 9,0579.1k $730.9k $730.9k 0.01% Reduced -163 -163
60 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 8,8188.8k $711.6k $711.6k 0.03% Reduced -1.7k -1,674
61 QUADRANT CAPITAL GROUP LLC 0.02% of their portfolio CINCINNATI, OH 8,5668.6k $691.3k $691.3k 0.02% Unchanged
62 Argent Trust Co 0.03% of their portfolio NASHVILLE, TN 8,4338.4k $680.5k $680.5k 0.03% Reduced -661 -661
63 PRIVATE TRUST CO NA 0.06% of their portfolio CLEVELAND, OH 8,2698.3k $667.3k $667.3k 0.06% Reduced -484 -484
64 Avidian Wealth Enterprises, LLC 0.03% of their portfolio Houston, TX 8,1808.2k $660.1k $660.1k 0.03% Reduced -150 -150
65 Ballentine Partners, LLC 0.01% of their portfolio Waltham, MA 8,0858.1k $652.5k $652.5k 0.01% Reduced -2.2k -2,188
66 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 7,9487.9k $641.4k $641.4k 0.00% Added +2.6k +2,554
67 Koshinski Asset Management, Inc. 0.05% of their portfolio DECATUR, IL 7,6597.7k $618.1k $618.1k 0.05% Added +37 +37
68 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 7,1807.2k $585.0k $585.0k 0.00% Reduced -3.7k -3,663
69 Lumbard & Kellner, LLC 0.25% of their portfolio HOLLIS, NH 7,0917.1k $572.2k $572.2k 0.25% New
70 L.K. Benson & Company, P.C. 0.35% of their portfolio TIMONIUM, MD 7,0007.0k $564.9k $564.9k 0.35% Unchanged
71 Inscription Capital, LLC 0.08% of their portfolio HOUSTON, TX 6,9597.0k $561.6k $561.6k 0.08% Unchanged
72 SAPIENT CAPITAL LLC 0.01% of their portfolio INDIANAPOLIS, IN 6,5826.6k $531.2k $531.2k 0.01% Unchanged
73 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 6,4996.5k $524.5k $524.5k 0.01% Reduced -14.1k -14,139
74 FineMark National Bank & Trust 0.02% of their portfolio FORT MYERS, FL 6,3816.4k $514.9k $514.9k 0.02% Added +76 +76
75 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 6,0616.1k $489.1k $489.1k 0.00% Unchanged
76 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 5,9255.9k $478.0k $478.0k 0.00% Reduced -536 -536
77 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 5,8725.9k $473.9k $473.9k 0.03% Added +163 +163
78 INNEALTA CAPITAL, LLC 0.24% of their portfolio AUSTIN, TX 5,7355.7k $462.8k $462.8k 0.24% Reduced -7.8k -7,817
79 RICHARDSON FINANCIAL SERVICES INC. 0.31% of their portfolio MEDWAY, MA 5,7195.7k $461.7k $461.7k 0.31% Reduced -1.5k -1,541
80 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 5,6885.7k $459.0k $459.0k 0.00% Added +3.8k +3,790
81 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 5,4785.5k $442.1k $442.1k 0.00% Reduced -767 -767
82 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 5,3785.4k $434.0k $434.0k 0.00% New
83 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 5,2995.3k $427.6k $427.6k 0.00% Added +3.6k +3,582
84 CVA Family Office, LLC 0.06% of their portfolio DENVER, CO 5,1975.2k $419.4k $419.4k 0.06% Unchanged
85 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 5,1365.1k $414.4k $414.4k 0.00% Reduced -1.3k -1,320
86 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 5,0605.1k $408.3k $408.3k 0.00% Added +1.3k +1,291
87 Cloud Capital Management, LLC 0.25% of their portfolio SEATTLE, WA 4,9905.0k $405.0k $405.0k 0.25% Reduced -1.3k -1,336
88 Maia Wealth LLC 0.07% of their portfolio DENVER, CO 4,8394.8k $390.5k $390.5k 0.07% Added +822 +822
89 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 4,7814.8k $385.8k $385.8k 0.00% Added +1.3k +1,274
90 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 4,7374.7k $382.3k $382.3k 0.00% Reduced -1.5k -1,464
91 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,6014.6k $371.3k $371.3k 0.00% Added +1.7k +1,687
92 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,3584.4k $351.7k $351.7k 0.00% Reduced -16 -16
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 4,3474.3k $350.8k $350.8k 0.00% Added +414 +414
94 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 4,3354.3k $349.8k $349.8k 0.00% Reduced -1.9k -1,857
95 Ullmann Wealth Partners Group, LLC 0.04% of their portfolio JACKSONVILLE BEACH, FL 4,3254.3k $349.0k $349.0k 0.04% Unchanged
96 waypoint wealth counsel 0.17% of their portfolio ATLANTA, GA 4,1684.2k $336.4k $336.4k 0.17% Unchanged
97 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 4,1444.1k $334.4k $334.4k 0.00% Reduced -273 -273
98 Curi Capital, LLC 0.01% of their portfolio CHICAGO, IL 4,0264.0k $324.9k $324.9k 0.01% New
99 Custos Family Office, LLC 0.10% of their portfolio AUSTIN, TX 3,9514.0k $318.9k $318.9k 0.10% Reduced -396 -396
100 Csenge Advisory Group 0.02% of their portfolio CLEARWATER, FL 3,9393.9k $310.2k $310.2k 0.02% Reduced -131 -131