Vault-13

J P MORGAN EXCHANGE TRADED F BBAG

BETABUILDERS US · ETP · CUSIP 46641Q241

102 institutional holders +9 vs Q1 2025
16,157,08916.2m shares reported held*
$745.9mreported value*
14 new 37 added 39 reduced 6 sold out net sold ≈ $128.0m (-2.8m 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 ($1.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.17.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 65Q4 22: 77Q1 23: 77Q2 23: 82Q3 23: 89Q4 23: 91Q1 24: 92Q2 24: 96Q3 24: 93Q4 24: 98Q1 25: 93Q2 25: 102102Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202265
Q4 202277
Q1 202377
Q2 202382
Q3 202389
Q4 202391
Q1 202492
Q2 202496
Q3 202493
Q4 202498
Q1 202593
Q2 2025102

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 40 bought or addedQ3 23: 49 cut or sold outQ4 23: 33 bought or addedQ4 23: 62 cut or sold outQ4 23Q1 24: 42 bought or addedQ1 24: 53 cut or sold outQ2 24: 44 bought or addedQ2 24: 50 cut or sold outQ2 24Q3 24: 53 bought or addedQ3 24: 46 cut or sold outQ4 24: 43 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 44 bought or addedQ1 25: 46 cut or sold outQ2 25: 51 bought or addedQ2 25: 45 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20234049
Q4 20233362
Q1 20244253
Q2 20244450
Q3 20245346
Q4 20244349
Q1 20254446
Q2 20255145

Biggest buyers

LPL Financial LLC Added +1,377,640+1.4m
ENVESTNET ASSET MANAGEMENT INC Added +801,874+801.9k
Cambridge Investment Research Advisors, Inc. Added +285,524+285.5k
MORGAN STANLEY Added +245,245+245.2k
PARK AVENUE SECURITIES LLC New +222,629+222.6k
Cetera Investment Advisers Added +105,084+105.1k
CWM, LLC Added +70,223+70.2k
Apella Capital, LLC Added +66,278+66.3k
MML INVESTORS SERVICES, LLC Added +46,583+46.6k
CITADEL ADVISORS LLC Added +30,063+30.1k

Biggest sellers

JANE STREET GROUP, LLC Reduced -4,908,931-4.9m
JPMORGAN CHASE & CO Reduced -757,441-757.4k
Goldstone Financial Group, LLC Sold out -174,951-175.0k
OLD MISSION CAPITAL LLC Reduced -108,555-108.6k
FLOW TRADERS U.S. LLC Reduced -73,580-73.6k
Sharkey, Howes & Javer Reduced -68,913-68.9k
Strategic Financial Concepts, LLC Reduced -22,289-22.3k
GOLDMAN SACHS GROUP INC Sold out -19,863-19.9k
Geneos Wealth Management Inc. Reduced -17,452-17.5k
CGN Advisors LLC Reduced -11,321-11.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,830,4544.8m $223.0m $223.0m 0.02% Reduced -757.4k -757,441
2 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 3,733,8193.7m $172.4m $172.4m 0.06% Added +1.4m +1,377,640
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,597,7391.6m $73.8m $73.8m 0.02% Added +801.9k +801,874
4 Clearwater Capital Advisors, LLC 4.10% of their portfolio HOFFMAN ESTATES, IL 972,272972.3k $44.9m $44.9m 4.10% Added +2.4k +2,355
5 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 674,910674.9k $31.2m $31.2m 0.09% Added +285.5k +285,524
6 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 533,719533.7k $24.6m $24.6m 0.06% Added +10.3k +10,283
7 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 378,289378.3k $17.5m $17.5m 0.03% Added +105.1k +105,084
8 Iron Horse Wealth Management, LLC 4.64% of their portfolio JOHSTON, IA 340,534340.5k $15.7m $15.7m 4.64% Added +3.7k +3,703
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 295,344295.3k $13.6m $13.6m 0.00% Added +245.2k +245,245
10 Wealth Alliance Advisory Group, LLC 2.27% of their portfolio Wichita, KS 257,789257.8k $11.9m $11.9m 2.27% Reduced -636 -636
11 PARK AVENUE SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 222,629222.6k $10.3m $10.3m 0.09% New
12 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 196,132196.1k $9.1m $9.1m 0.01% Reduced -4.9m -4,908,931
13 Sharkey, Howes & Javer 1.17% of their portfolio DENVER, CO 189,626189.6k $8.8m $8.8m 1.17% Reduced -68.9k -68,913
14 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 178,256178.3k $8.2m $8.2m 0.01% Added +1.5k +1,519
15 Heck Capital Advisors, LLC 0.68% of their portfolio Rhinelander, WI 172,210172.2k $8.0m $8.0m 0.68% Added +9.1k +9,123
16 CGN Advisors LLC 0.50% of their portfolio MANHATTAN, KS 122,312122.3k $5.6m $5.6m 0.50% Reduced -11.3k -11,321
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 107,141107.1k $4.9m $4.9m 0.00% Added +30.1k +30,063
18 Apella Capital, LLC 0.13% of their portfolio WEST HARTFORD, CT 105,909105.9k $4.8m $4.8m 0.13% Added +66.3k +66,278
19 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 95,87795.9k $4.4m $4.4m 0.01% Added +46.6k +46,583
20 CWM, LLC 0.01% of their portfolio OMAHA, NE 87,88287.9k $4.1m $4.1m 0.01% Added +70.2k +70,223
21 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 87,27087.3k $4.0m $4.0m 0.01% Added +23.4k +23,428
22 KELLY FINANCIAL GROUP LLC 0.95% of their portfolio Wethersfield, CT 70,94270.9k $3.3m $3.3m 0.95% Reduced -3.7k -3,708
23 EAGLE HARBOR ASSET MANAGEMENT INC /ADV 2.53% of their portfolio SEATTLE, WA 56,88456.9k $2.6m $2.6m 2.53% Reduced -2.8k -2,810
24 Triad Wealth Partners, LLC 0.45% of their portfolio LAWRENCE, KS 47,87047.9k $2.2m $2.2m 0.45% Reduced -7.1k -7,124
25 BAILARD, INC. 0.05% of their portfolio Foster City, CA 46,96147.0k $2.2m $2.2m 0.05% Added +2.8k +2,791
26 ACT Advisors, LLC. 0.97% of their portfolio ASHEVILLE, NC 45,58145.6k $2.1m $2.1m 0.97% Added +640 +640
27 Legacy Private Trust Co. 0.13% of their portfolio NEENAH, WI 44,75144.8k $2.1m $2.1m 0.13% Reduced -7.0k -7,039
28 LOCKERMAN FINANCIAL GROUP, INC. 2.63% of their portfolio NEWPORT BEACH, CA 42,29642.3k $2.0m $2.0m 2.63% Added +15.2k +15,176
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 41,82941.8k $1.9m $1.9m 0.00% Added +6.0k +6,028
30 Berger Financial Group, Inc 0.08% of their portfolio PLYMOUTH, MN 27,41427.4k $1.3m $1.3m 0.08% Reduced -4.6k -4,636
31 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 25,70225.7k $1.2m $1.2m 0.04% Reduced -73.6k -73,580
32 NICOLET ADVISORY SERVICES, LLC 0.10% of their portfolio GREEN BAY, WI 25,63825.6k $1.2m $1.2m 0.10% Reduced -2.5k -2,473
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,51925.5k $1.2m $1.2m 0.00% Reduced -1.9k -1,932
34 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 24,99025.0k $1.2m $1.2m 0.03% Reduced -108.6k -108,555
35 Tradition Wealth Management, LLC 0.09% of their portfolio EDINA, MN 24,52624.5k $1.1m $1.1m 0.09% Added +3.8k +3,760
36 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 21,26521.3k $981.8k $981.8k 0.02% New
37 RMR Wealth Builders 0.09% of their portfolio Montclair, NJ 21,01721.0k $970.4k $970.4k 0.09% New
38 Cobblestone Asset Management LLC 0.50% of their portfolio RICHMOND, VA 20,40520.4k $942.1k $942.1k 0.50% Reduced -236 -236
39 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 19,53219.5k $901.8k $901.8k 0.01% Added +7.4k +7,441
40 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 16,46816.5k $760.3k $760.3k 0.00% Reduced -2.3k -2,253
41 MN Wealth Advisors, LLC 0.44% of their portfolio OVERLAND PARK, KS 16,31216.3k $753.1k $753.1k 0.44% Reduced -718 -718
42 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 14,83414.8k $685.0k $685.0k 0.00% Added +4.3k +4,340
43 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 14,67514.7k $677.5k $677.5k 0.02% Reduced -17.5k -17,452
44 ORG Partners LLC 0.13% of their portfolio ROANOKE, IN 13,67813.7k $629.5k $629.5k 0.13% New
45 Ascent Group, LLC 0.02% of their portfolio VIRGINIA BEACH, VA 13,39913.4k $618.6k $618.6k 0.02% Added +1.9k +1,873
46 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 12,84612.8k $593.1k $593.1k 0.00% Reduced -3.3k -3,282
47 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 12,45912.5k $575.0k $575.0k 0.00% New
48 Alpha Omega Wealth Management LLC 0.10% of their portfolio RICHMOND, VA 11,92711.9k $550.7k $550.7k 0.10% Added +93 +93
49 TWIN PEAKS WEALTH ADVISORS, LLC 0.17% of their portfolio SAN FRANCISCO, CA 11,42011.4k $525.9k $525.9k 0.17% Added +1.4k +1,406
50 CONTINUUM WEALTH ADVISORS, LLC 0.25% of their portfolio SARATOGA SPRINGS, NY 11,17711.2k $516.0k $516.0k 0.25% Reduced -3.0k -2,950
51 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 11,08211.1k $511.7k $511.7k 0.00% Added +2.7k +2,714
52 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 10,85710.9k $501.3k $501.3k 0.01% Reduced -3.2k -3,234
53 Shelter Mutual Insurance Co 0.11% of their portfolio COLUMBIA, MO 10,40010.4k $480.2k $480.2k 0.11% Unchanged
54 5T Wealth, LLC 0.24% of their portfolio Napa, CA 10,19310.2k $470.6k $470.6k 0.24% Reduced -3.0k -2,972
55 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 9,7359.7k $449.5k $449.5k 0.01% Added +3.2k +3,213
56 Avestar Capital, LLC 0.03% of their portfolio New York, NY 9,4289.4k $435.3k $435.3k 0.03% Unchanged
57 Blue Oak Capital, LLC 0.23% of their portfolio MENLO PARK, CA 9,3299.3k $430.7k $430.7k 0.23% Reduced -221 -221
58 Strategic Financial Concepts, LLC 0.06% of their portfolio SAN ANTONIO, TX 8,5438.5k $394.6k $394.6k 0.06% Reduced -22.3k -22,289
59 SUTTON PLACE INVESTORS LLC 0.22% of their portfolio ARMONK, NY 8,0348.0k $370.9k $370.9k 0.22% Reduced -375 -375
60 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 7,7857.8k $359.4k $359.4k 0.00% Reduced -2.8k -2,840
61 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 7,7507.8k $357.8k $357.8k 0.01% New
62 Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio Parsippany, NJ 7,1967.2k $332.2k $332.2k 0.01% Reduced -289 -289
63 PRIVATE TRUST CO NA 0.03% of their portfolio CLEVELAND, OH 7,0127.0k $323.7k $323.7k 0.03% Added +2.6k +2,615
64 Perennial Investment Advisors, LLC 0.03% of their portfolio Los Angeles, CA 6,9567.0k $321.1k $321.1k 0.03% Added +166 +166
65 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 6,9366.9k $320.2k $320.2k 0.01% New
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,6076.6k $303.0k $303.0k 0.00% Reduced -199 -199
67 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 6,5406.5k $302.0k $302.0k 0.01% First filing
68 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 6,4276.4k $296.7k $296.7k 0.00% Added +384 +384
69 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,9866.0k $276.4k $276.4k 0.00% Added +1.2k +1,189
70 Fonville Wealth Management LLC 0.07% of their portfolio RICHMOND, VA 5,8175.8k $268.6k $268.6k 0.07% Reduced -29 -29
71 Gladstone Institutional Advisory LLC 0.01% of their portfolio Bedminster, NJ 5,6455.6k $260.6k $260.6k 0.01% Reduced -65 -65
72 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,4215.4k $250.3k $250.3k 0.01% Added +4.3k +4,329
73 Bensler, LLC 0.03% of their portfolio Bellevue, WA 5,3385.3k $246.4k $246.4k 0.03% Reduced -202 -202
74 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,3175.3k $245.5k $245.5k 0.00% Added +634 +634
75 Ignite Planners, LLC 0.04% of their portfolio SAN CLEMENTE, CA 4,7674.8k $217.7k $217.7k 0.04% New
76 Bouchey Financial Group, Ltd. 0.02% of their portfolio TROY, NY 4,7214.7k $218.0k $218.0k 0.02% Unchanged
77 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 4,6944.7k $216.7k $216.7k 0.00% Reduced -1.8k -1,846
78 FLAGSTAR SECURITIES, INC 0.06% of their portfolio New York, NY 4,5854.6k $211.7k $211.7k 0.06% New
79 Rosenberg Matthew Hamilton 0.04% of their portfolio GRAND JUNCTION, CO 3,4993.5k $161.5k $161.5k 0.04% Added +1.5k +1,522
80 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2,6402.6k $121.9k $121.9k 0.00% Added +148 +148
81 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,1852.2k $100.9k $100.9k 0.00% Reduced -781 -781
82 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 998998 $46.1k $46.1k 0.00% Reduced -10 -10
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 730730 $32.0k $32.0k 0.00% Added +656 +656
84 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 711711 $32.1k $32.1k 0.00% Unchanged
85 Clarity Asset Management, Inc. 0.01% of their portfolio AMES, IA 401401 $18.5k $18.5k 0.01% New
86 FMR LLC 0.00% of their portfolio BOSTON, MA 396396 $18.3k $18.3k 0.00% Reduced -159 -159
87 LGT Financial Advisors LLC 0.05% of their portfolio DALLAS, TX 392392 $18.1k $18.1k 0.05% Reduced -13 -13
88 TOTAL INVESTMENT MANAGEMENT INC 0.00% of their portfolio SCOTTSDALE, AZ 374374 $17.3k $17.3k 0.00% New
89 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 274274 $12.7k $12.7k 0.00% Unchanged
90 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 237237 $10.9k $10.9k 0.00% Unchanged
91 CENTRAL TRUST Co 0.00% of their portfolio JEFFERSON CITY, MO 222222 $10.2k $10.2k 0.00% Reduced -100 -100
92 WHITTIER TRUST CO OF NEVADA INC 0.00% of their portfolio RENO, NV 197197 $9.1k $9.1k 0.00% Added +90 +90
93 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 119119 $5.5k $5.5k 0.00% New
94 Key Financial Inc 0.00% of their portfolio WEST CHESTER, PA 9393 $4.3k $4.3k 0.00% Unchanged
95 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 4949 $2.3k $2.3k 0.00% New
96 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 3838 $1.8k $1.8k 0.00% Reduced -8 -8
97 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 1919 $880 $880 0.00% Reduced -114 -114
98 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 77 $323 $323 0.00% New
99 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 44 $185 $185 0.00% Unchanged
100 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 11 $46 $46 0.00% Unchanged