Vault-13

J P MORGAN EXCHANGE TRADED F BBAX

BETABUILDERS DEV · ETP · CUSIP 46641Q233

152 institutional holders +13 vs Q4 2025
97,820,80197.8m shares reported held*
$5.7bnreported value*
39 new 43 added 27 reduced 25 sold out net bought ≈ $149.2m (+2.5m 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 ($225.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.17.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 74Q4 22: 84Q1 23: 90Q2 23: 79Q3 23: 87Q4 23: 103Q1 24: 97Q2 24: 92Q3 24: 100Q4 24: 104Q1 25: 98Q2 25: 117Q3 25: 112Q4 25: 139Q1 26: 152152Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202274
Q4 202284
Q1 202390
Q2 202379
Q3 202387
Q4 2023103
Q1 202497
Q2 202492
Q3 2024100
Q4 2024104
Q1 202598
Q2 2025117
Q3 2025112
Q4 2025139
Q1 2026152

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 35 bought or addedQ2 24: 52 cut or sold outQ3 24: 46 bought or addedQ3 24: 42 cut or sold outQ3 24Q4 24: 40 bought or addedQ4 24: 41 cut or sold outQ1 25: 45 bought or addedQ1 25: 43 cut or sold outQ1 25Q2 25: 60 bought or addedQ2 25: 44 cut or sold outQ3 25: 57 bought or addedQ3 25: 44 cut or sold outQ3 25Q4 25: 73 bought or addedQ4 25: 39 cut or sold outQ1 26: 82 bought or addedQ1 26: 52 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243552
Q3 20244642
Q4 20244041
Q1 20254543
Q2 20256044
Q3 20255744
Q4 20257339
Q1 20268252

Biggest buyers

JPMORGAN CHASE & CO Added +1,706,360+1.7m
BANK OF AMERICA CORP /DE/ Added +830,525+830.5k
CITADEL ADVISORS LLC New +45,782+45.8k
MORGAN STANLEY Added +28,870+28.9k
LPL Financial LLC Added +27,821+27.8k
CWM, LLC Added +22,920+22.9k
Beacon Pointe Advisors, LLC New +19,683+19.7k
FIFTH THIRD BANCORP New +16,836+16.8k
OneDigital Investment Advisors LLC Added +14,808+14.8k
CERTUITY, LLC New +14,765+14.8k

Biggest sellers

Badgley Phelps Wealth Managers, LLC Reduced -209,439-209.4k
Keel Point, LLC Sold out -44,107-44.1k
JANUS HENDERSON GROUP PLC Reduced -24,197-24.2k
Quadrature Capital Ltd Sold out -12,673-12.7k
Corient Private Wealth LP Reduced -11,703-11.7k
JANE STREET GROUP, LLC Reduced -7,430-7.4k
Alvarez & Marsal Private Wealth Partners, LLC Sold out -7,012-7.0k
AIA Group Ltd Reduced -6,185-6.2k
Rockefeller Capital Management L.P. Reduced -5,259-5.3k
AMERIPRISE FINANCIAL INC Sold out -4,139-4.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.34% of their portfolio NEW YORK, NY 85,430,25285.4m $5.0bn $5.0bn 0.34% Added +1.7m +1,706,360
2 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 9,437,2039.4m $561.1m $561.1m 0.04% Added +830.5k +830,525
3 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 445,283445.3k $26.5m $26.5m 0.01% Reduced -24.2k -24,197
4 AIA Group Ltd 0.32% of their portfolio HONG KONG, K3 365,914365.9k $21.8m $21.8m 0.32% Reduced -6.2k -6,185
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 364,447364.4k $21.7m $21.7m 0.00% Added +28.9k +28,870
6 Municipal Employees' Retirement System of Michigan 0.20% of their portfolio LANSING, MI 298,785298.8k $17.8m $17.8m 0.20% Unchanged
7 ATLAS CAPITAL ADVISORS INC. 1.26% of their portfolio JACKSON, WY 185,469185.5k $11.0m $11.0m 1.26% Added +9.0k +8,978
8 SIMON QUICK ADVISORS, LLC 0.47% of their portfolio MORRISTOWN, NJ 172,247172.2k $10.2m $10.2m 0.47% Reduced -1.5k -1,459
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 95,94795.9k $5.7m $5.7m 0.00% Added +27.8k +27,821
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 91,61691.6k $5.4m $5.4m 0.00% Added +11.6k +11,618
11 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 72,54472.5k $4.3m $4.3m 0.00% Added +3.5k +3,511
12 PGIM Custom Harvest LLC 0.07% of their portfolio NEWARK, NJ 70,19670.2k $4.2m $4.2m 0.07% Added +1.7k +1,744
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 66,09266.1k $3.9m $3.9m 0.00% Reduced -7.4k -7,430
14 SYON CAPITAL LLC 0.14% of their portfolio SAN FRANCISCO, CA 47,39147.4k $2.8m $2.8m 0.14% Added +2.5k +2,476
15 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 45,78245.8k $2.7m $2.7m 0.00% New
16 Badgley Phelps Wealth Managers, LLC 0.05% of their portfolio SEATTLE, WA 39,07839.1k $2.3m $2.3m 0.05% Reduced -209.4k -209,439
17 CHOREO, LLC 0.03% of their portfolio ROCKFORD, IL 36,54736.5k $2.2m $2.2m 0.03% Added +221 +221
18 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 35,69935.7k $2.1m $2.1m 0.00% Added +10.3k +10,319
19 CWM, LLC 0.01% of their portfolio OMAHA, NE 34,61534.6k $2.1m $2.1m 0.01% Added +22.9k +22,920
20 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 33,88133.9k $2.0m $2.0m 0.00% Reduced -5.3k -5,259
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 26,63426.6k $1.6m $1.6m 0.00% Reduced -1.8k -1,770
22 OLD NATIONAL BANCORP /IN/ 0.02% of their portfolio EVANSVILLE, IN 24,85124.9k $1.5m $1.5m 0.02% Unchanged
23 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 23,26523.3k $1.4m $1.4m 0.01% Added +14.8k +14,808
24 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 21,14421.1k $1.3m $1.3m 0.00% Reduced -3.7k -3,673
25 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 19,68319.7k $1.2m $1.2m 0.01% New
26 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,65419.7k $1.2m $1.2m 0.00% Added +11.2k +11,247
27 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 19,10519.1k $1.1m $1.1m 0.03% Reduced -34 -34
28 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 16,83616.8k $1.0m $1.0m 0.00% New
29 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 16,48916.5k $851.7k $851.7k 0.00% Reduced -11.7k -11,703
30 CERTUITY, LLC 0.06% of their portfolio NORTH PALM BEACH, FL 14,76514.8k $877.9k $877.9k 0.06% New
31 Circle Wealth Management, LLC 0.01% of their portfolio SUMMIT, NJ 12,88212.9k $765.9k $765.9k 0.01% Added +2.3k +2,340
32 FMR LLC 0.00% of their portfolio BOSTON, MA 10,87910.9k $646.8k $646.8k 0.00% Added +4.7k +4,658
33 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 10,77610.8k $640.7k $640.7k 0.00% Added +180 +180
34 Nolet Wealth Management, LLC 0.36% of their portfolio FORT WORTH, TX 10,63810.6k $632.5k $632.5k 0.36% Unchanged
35 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,23610.2k $608.6k $608.6k 0.00% New
36 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 8,8448.8k $525.8k $525.8k 0.00% New
37 Dorsey & Whitney Trust CO LLC 0.03% of their portfolio SIOUX FALLS, SD 8,1938.2k $487.1k $487.1k 0.03% Unchanged
38 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 7,8807.9k $468.5k $468.5k 0.00% Added +685 +685
39 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 7,7767.8k $462.3k $462.3k 0.01% New
40 Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio HONG KONG, K3 7,4847.5k $445.0k $445.0k 0.01% New
41 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 7,3637.4k $445.2k $445.2k 0.03% Added +2 +2
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 6,5996.6k $392.4k $392.4k 0.00% Added +1.1k +1,084
43 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 6,5486.5k $389.3k $389.3k 0.00% Unchanged
44 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 6,5396.5k $388.8k $388.8k 0.00% Reduced -3.3k -3,321
45 Ballentine Partners, LLC 0.01% of their portfolio Waltham, MA 6,4346.4k $382.5k $382.5k 0.01% Unchanged
46 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 6,3906.4k $379.9k $379.9k 0.00% Reduced -1.1k -1,149
47 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 6,0486.0k $359.6k $359.6k 0.00% Reduced -236 -236
48 Legacy Wealth Advisors, LLC 0.16% of their portfolio NORTH MIAMI BEACH, FL 5,2405.2k $311.5k $311.5k 0.16% New
49 Cloud Capital Management, LLC 0.13% of their portfolio SEATTLE, WA 5,1095.1k $303.0k $303.0k 0.13% Unchanged
50 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 4,8894.9k $290.7k $290.7k 0.00% Reduced -955 -955
51 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 4,8344.8k $287.4k $287.4k 0.00% Added +752 +752
52 FSM Wealth Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 4,5884.6k $272.8k $272.8k 0.04% Unchanged
53 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,5464.5k $270.3k $270.3k 0.00% Added +3.1k +3,102
54 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,3904.4k $261.0k $261.0k 0.00% Added +138 +138
55 SEVEN MILE ADVISORY 0.18% of their portfolio TALLAHASSEE, FL 4,2014.2k $249.8k $249.8k 0.18% New
56 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 3,9844.0k $236.0k $236.0k 0.00% New
57 Morton Capital Management LLC/CA 0.03% of their portfolio CALABASAS, CA 3,9203.9k $233.1k $233.1k 0.03% Added +145 +145
58 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 3,8503.9k $228.9k $228.9k 0.00% Reduced -54 -54
59 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 3,7943.8k $225.6k $225.6k 0.00% New
60 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 3,7893.8k $225.3k $225.3k 0.00% Added +2.9k +2,949
61 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 3,7383.7k $222.2k $222.2k 0.00% New
62 BAYBAN 0.19% of their portfolio Bayport, MN 3,7223.7k $221.3k $221.3k 0.19% Unchanged
63 waypoint wealth counsel 0.11% of their portfolio ATLANTA, GA 3,5713.6k $212.3k $212.3k 0.11% Unchanged
64 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 3,5383.5k $210.4k $210.4k 0.00% New
65 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 3,4743.5k $206.5k $206.5k 0.00% New
66 OpenArc Corporate Advisory, LLC 0.00% of their portfolio ATLANTA, GA 3,4013.4k $202.2k $202.2k 0.00% New
67 Inscription Capital, LLC 0.02% of their portfolio HOUSTON, TX 3,3983.4k $202.0k $202.0k 0.02% New
68 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,9042.9k $172.7k $172.7k 0.00% Added +453 +453
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,7042.7k $160.8k $160.8k 0.00% Reduced -1.5k -1,525
70 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,6492.6k $157.0k $157.0k 0.00% Reduced -49 -49
71 Crewe Advisors LLC 0.01% of their portfolio SALT LAKE CITY, UT 1,6531.7k $98.3k $98.3k 0.01% Unchanged
72 ARMSTRONG ADVISORY GROUP, INC 0.01% of their portfolio NEEDHAM, MA 1,3661.4k $81.2k $81.2k 0.01% Unchanged
73 Destiny Wealth Partners, LLC 0.01% of their portfolio TAVARES, FL 1,2841.3k $76.3k $76.3k 0.01% New
74 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 1,1221.1k $66.7k $66.7k 0.00% Added +82 +82
75 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 1,0591.1k $63.0k $63.0k 0.01% Unchanged
76 BEACON INVESTMENT ADVISORY SERVICES, INC. 0.00% of their portfolio MORRISTOWN, NJ 885885 $52.6k $52.6k 0.00% New
77 TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio HOLLAND, OH 856856 $50.9k $50.9k 0.00% New
78 Arlington Trust Co LLC 0.00% of their portfolio BIRMINGHAM, AL 833833 $49.5k $49.5k 0.00% New
79 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 679679 $40.8k $40.8k 0.00% Reduced -25 -25
80 BlackRock, Inc. 0.00% of their portfolio New York, NY 671671 $39.9k $39.9k 0.00% Reduced -138 -138
81 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 670670 $39.9k $39.9k 0.00% Reduced -133 -133
82 Farmers & Merchants Trust Co of Chambersburg PA 0.01% of their portfolio CHAMBERSBURG, PA 592592 $35.0k $35.0k 0.01% Unchanged
83 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 587587 $34.4k $34.4k 0.00% Added +525 +525
84 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 526526 $31.3k $31.3k 0.00% Added +275 +275
85 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 490490 $29.4k $29.4k 0.00% Added +2 +2
86 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 483483 $28.7k $28.7k 0.00% Added +363 +363
87 Wellington Grp LLC 0.01% of their portfolio INDIANAPOLIS, IN 385385 $22.9k $22.9k 0.01% Unchanged
88 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 371371 $22.1k $22.1k 0.00% New
89 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 363363 $21.6k $21.6k 0.00% Added +12 +12
90 Avalon Trust Co 0.00% of their portfolio SANTA FE, NM 345345 $20.5k $20.5k 0.00% Unchanged
91 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 322322 $19.1k $19.1k 0.00% New
92 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.01% of their portfolio INDIANAPOLIS, IN 295295 $17.5k $17.5k 0.01% Unchanged
93 MATHER GROUP, LLC. 0.00% of their portfolio CHICAGO, IL 269269 $16.0k $16.0k 0.00% New
94 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 251251 $14.9k $14.9k 0.00% Unchanged
95 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 232232 $13.8k $13.8k 0.00% Added +40 +40
96 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 225225 $13.4k $13.4k 0.00% Added +165 +165
97 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 213213 $12.7k $12.7k 0.00% Added +195 +195
98 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 201201 $11.9k $11.9k 0.00% Added +38 +38
99 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 193193 $11.5k $11.5k 0.00% Reduced -4 -4
100 Cullen/Frost Bankers, Inc. 0.00% of their portfolio San Antonio, TX 192192 $11.4k $11.4k 0.00% Added +156 +156