Vault-13

J P MORGAN EXCHANGE TRADED F JEPI

EQUITY PREMIUM · ETP · CUSIP 46641Q332

757 institutional holders +112 vs Q4 2022
200,051,775200.1m shares reported held*
$10.9bnreported value*
153 new 458 added 103 reduced 37 sold out net bought ≈ $2.4bn (+44.0m 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 ($11.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $54.70. Options: 4 managers hold calls ($28.9m notional), 5 hold puts ($18.9m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 529Q4 22: 645Q1 23: 757757Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022529
Q4 2022645
Q1 2023757

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 470 bought or addedQ4 22: 127 cut or sold outQ4 22Q1 23: 611 bought or addedQ1 23: 140 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022470127
Q1 2023611140

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 22 calls: $13.0mQ3 22 puts: $8.5mQ3 22P/C 0.65Q4 22 calls: $52.5mQ4 22 puts: $17.1mQ4 22P/C 0.33Q1 23 calls: $28.9mQ1 23 puts: $18.9mQ1 23P/C 0.65
Numbers
QuarterCallsPutsP/C
Q3 2022$13.0m$8.5m0.65
Q4 2022$52.5m$17.1m0.33
Q1 2023$28.9m$18.9m0.65

Biggest buyers

JPMORGAN CHASE & CO Added +7,144,154+7.1m
MORGAN STANLEY Added +4,014,484+4.0m
BANK OF AMERICA CORP /DE/ Added +3,835,854+3.8m
J.P. Morgan Private Wealth Advisors LLC New +3,321,921+3.3m
CIBC Private Wealth Group LLC Added +3,050,754+3.1m
WELLS FARGO & COMPANY/MN Added +1,641,413+1.6m
ROYAL BANK OF CANADA Added +1,253,708+1.3m
UBS Group AG Added +1,222,091+1.2m
OSAIC HOLDINGS, INC. Added +887,805+887.8k
Moss Adams Wealth Advisors LLC New +877,222+877.2k

Biggest sellers

JANE STREET GROUP, LLC Reduced -444,674-444.7k
Corient Private Wealth LP Reduced -409,358-409.4k
Prime Capital Investment Advisors, LLC Reduced -407,771-407.8k
Beaumont Financial Advisors, LLC Reduced -367,428-367.4k
Badgley Phelps Wealth Managers, LLC Sold out -312,808-312.8k
Royal Harbor Partners, LLC Reduced -282,826-282.8k
SOUTHERN FARM BUREAU LIFE INSURANCE Sold out -273,450-273.4k
Stewardship Advisors, LLC Reduced -188,523-188.5k
BROWN BROTHERS HARRIMAN & CO Sold out -144,825-144.8k
Capital Advisors Wealth Management, LLC Reduced -135,319-135.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $19.9m364.6k shares
CITADEL ADVISORS LLC Reduced $4.8m88.3k shares
WOLVERINE TRADING, LLC New $4.1m76.1k shares
Belvedere Trading LLC New $71.0k1.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.4m172.8k shares
CITADEL ADVISORS LLC Reduced $4.2m77.3k shares
WOLVERINE TRADING, LLC New $3.0m56.1k shares
WELLS FARGO & COMPANY/MN Added $1.7m31.1k shares
Belvedere Trading LLC New $546.0k10.0k 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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.19% of their portfolio NEW YORK, NY 26,574,33926.6m $1.5bn $1.5bn 0.19% Added +7.1m +7,144,154
2 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 25,199,45225.2m $1.4bn $1.4bn 0.15% Added +4.0m +4,014,484
3 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 23,010,53023.0m $1.3bn $1.3bn 0.14% Added +3.8m +3,835,854
4 WELLS FARGO & COMPANY/MN 0.18% of their portfolio SAN FRANCISCO, CA 10,434,19310.4m $569.7m $569.7m 0.18% Added +1.6m +1,641,413
5 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 5,488,8885.5m $299.7m $299.7m 0.09% Added +1.3m +1,253,708
6 OSAIC HOLDINGS, INC. 0.52% of their portfolio SCOTTSDALE, AZ 5,032,4955.0m $274.7m $274.7m 0.52% Added +887.8k +887,805
7 CIBC Private Wealth Group LLC 0.31% of their portfolio ATLANTA, GA 4,728,3384.7m $282.3m $282.3m 0.31% Added +3.1m +3,050,754
8 UBS Group AG 0.09% of their portfolio ZURICH, V8 3,668,9523.7m $200.3m $200.3m 0.09% Added +1.2m +1,222,091
9 J.P. Morgan Private Wealth Advisors LLC 0.38% of their portfolio SAN FRANCISCO, CA 3,321,9213.3m $181.4m $181.4m 0.38% New
10 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 2,921,1192.9m $159.5m $159.5m 0.08% Added +136.3k +136,332
11 Requisite Capital Management, LLC 34.71% of their portfolio DALLAS, TX 2,063,8422.1m $112.7m $112.7m 34.71% Added +215.5k +215,486
12 COMMONWEALTH EQUITY SERVICES, LLC 0.23% of their portfolio WALTHAM, MA 2,040,5002.0m $111.4m $111.4m 0.23% Added +805.7k +805,667
13 Janney Montgomery Scott LLC 0.45% of their portfolio PHILADELPHIA, PA 2,015,7292.0m $110.1m $110.1m 0.45% Added +547.8k +547,756
14 Cambridge Investment Research Advisors, Inc. 0.51% of their portfolio FAIRFIELD, IA 1,921,0171.9m $104.9m $104.9m 0.51% Added +225.6k +225,612
15 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 1,532,0931.5m $83.7m $83.7m 0.04% Reduced -4.0k -4,018
16 Cornerstone Advisory, LLC 14.74% of their portfolio HUNT VALLEY, MD 1,499,0121.5m $81.8m $81.8m 14.74% Added +161.6k +161,637
17 Cetera Advisor Networks LLC 0.59% of their portfolio EL SEGUNDO, CA 1,477,7941.5m $80.7m $80.7m 0.59% Added +530.5k +530,499
18 PFS INVESTMENTS INC. 1.35% of their portfolio DULUTH, GA 1,432,9581.4m $77.9m $77.9m 1.35% Added +210.2k +210,194
19 MML INVESTORS SERVICES, LLC 0.54% of their portfolio SPRINGFIELD, MA 1,409,7441.4m $77.0m $77.0m 0.54% Added +134.6k +134,580
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 1,358,4851.4m $74.2m $74.2m 0.10% Added +445.7k +445,687
21 Hamilton Capital Partners Inc. 21.55% of their portfolio TORONTO, A6 1,092,1701.1m $59.6m $59.6m 21.55% Added +315.5k +315,540
22 FAS Wealth Partners, Inc. 6.36% of their portfolio LEAWOOD, KS 1,074,1951.1m $58.7m $58.7m 6.36% Added +443.5k +443,451
23 RATIONAL ADVISORS, INC. 4.60% of their portfolio San Juan, PR 1,032,2141.0m $56.4m $56.4m 4.60% Added +87.6k +87,565
24 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 980,415980.4k $53.5m $53.5m 0.09% Added +160.0k +159,993
25 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 961,273961.3k $52.5m $52.5m 0.11% Added +94.6k +94,624
26 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 924,096924.1k $50.5m $50.5m 0.04% Added +240.4k +240,427
27 Compass Ion Advisors, LLC 12.61% of their portfolio CONSHOHOCKEN, PA 914,850914.9k $50.0m $50.0m 12.61% Added +70.1k +70,096
28 Lebenthal Global Advisors, LLC 15.23% of their portfolio Hauppauge, NY 910,780910.8k $49.7m $49.7m 15.23% Added +141.0k +140,993
29 Moss Adams Wealth Advisors LLC 16.31% of their portfolio SEATTLE, WA 877,222877.2k $47.9m $47.9m 16.31% New
30 Gradient Investments LLC 1.20% of their portfolio ARDEN HILLS, MN 806,763806.8k $44.0m $44.0m 1.20% Added +3.3k +3,313
31 RiverFront Investment Group, LLC 1.55% of their portfolio RICHMOND, VA 802,603802.6k $43.8m $43.8m 1.55% Reduced -12.1k -12,055
32 Clearstead Advisors, LLC 3.13% of their portfolio CLEVELAND, OH 788,605788.6k $43.1m $43.1m 3.13% Added +131.5k +131,488
33 CAMBRIDGE TRUST CO 2.02% of their portfolio BOSTON, MA 774,370774.4k $42.3m $42.3m 2.02% Added +58.1k +58,101
34 NOTTINGHAM ADVISORS, INC. 5.60% of their portfolio AMHERST, NY 770,520770.5k $42.1m $42.1m 5.60% Added +120.0k +119,978
35 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 713,226713.2k $38.9m $38.9m 0.03% Added +338.2k +338,248
36 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 696,788696.8k $38.0m $38.0m 0.05% Added +274.9k +274,931
37 Cetera Advisors LLC 0.63% of their portfolio DENVER, CO 689,284689.3k $37.6m $37.6m 0.63% Reduced -28.3k -28,333
38 LEE JOHNSON CAPITAL MANAGEMENT, LLC 37.56% of their portfolio FORT WORTH, TX 665,818665.8k $36.4m $36.4m 37.56% Added +382.3k +382,333
39 Atlantic Union Bankshares Corp 3.78% of their portfolio GLEN ALLEN, VA 664,758664.8k $36.3m $36.3m 3.78% Added +36.8k +36,798
40 Aptus Capital Advisors, LLC 1.01% of their portfolio FAIRHOPE, AL 647,093647.1k $35.3m $35.3m 1.01% Added +312.6k +312,560
41 Allworth Financial LP 0.35% of their portfolio FOLSOM, CA 638,794638.8k $34.9m $34.9m 0.35% Added +52.8k +52,823
42 AE Wealth Management LLC 0.21% of their portfolio TOPEKA, KS 603,818603.8k $33.0m $33.0m 0.21% Added +392.0k +391,984
43 Pacific Center for Financial Services 11.30% of their portfolio DANVILLE, CA 600,275600.3k $32.8m $32.8m 11.30% First filing
44 Kestra Advisory Services, LLC 0.35% of their portfolio AUSTIN, TX 595,310595.3k $32.5m $32.5m 0.35% Added +5.1k +5,116
45 Sage Advisory Services, Ltd.Co. 9.16% of their portfolio AUSTIN, TX 591,293591.3k $32.3m $32.3m 9.16% Added +177.2k +177,200
46 Cetera Investment Advisers 0.28% of their portfolio SCHAUMBURG, IL 576,534576.5k $31.5m $31.5m 0.28% Added +119.6k +119,565
47 Magnus Financial Group LLC 4.80% of their portfolio NEW YORK, NY 576,046576.0k $31.5m $31.5m 4.80% Added +480.3k +480,314
48 Brookstone Capital Management 0.59% of their portfolio WHEATON, IL 556,470556.5k $30.6m $30.6m 0.59% Added +45.3k +45,331
49 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 543,930543.9k $29.7m $29.7m 0.03% Added +144.4k +144,412
50 Atria Wealth Solutions, Inc. 0.44% of their portfolio NEW YORK, NY 540,260540.3k $29.5m $29.5m 0.44% Added +135.1k +135,079
51 PINNACLE ASSOCIATES LTD 0.59% of their portfolio NEW YORK, NY 528,828528.8k $28.9m $28.9m 0.59% Reduced -9.4k -9,435
52 Richard P Slaughter Associates Inc 9.41% of their portfolio AUSTIN, TX 525,634525.6k $28.7m $28.7m 9.41% Added +67.7k +67,737
53 Eaton Financial Holdings Company, LLC 21.35% of their portfolio Coral Springs, FL 499,960500.0k $27.3m $27.3m 21.35% Added +98.4k +98,432
54 CAPTRUST FINANCIAL ADVISORS 0.12% of their portfolio RALEIGH, NC 499,870499.9k $27.3m $27.3m 0.12% Added +46.9k +46,877
55 Capital Investment Advisors, LLC 0.80% of their portfolio ATLANTA, GA 498,070498.1k $27.2m $27.2m 0.80% Added +25.9k +25,929
56 Ergawealth Advisors, Inc. 21.81% of their portfolio OAK BROOK, IL 490,522490.5k $26.8m $26.8m 21.81% Added +96.4k +96,434
57 Financial Partners Group, Inc 5.91% of their portfolio Overland Park, KS 486,943486.9k $26.6m $26.6m 5.91% Added +12.2k +12,212
58 CFO4Life Group, LLC 5.87% of their portfolio COPPELL, TX 472,938472.9k $25.8m $25.8m 5.87% New
59 CENTRAL TRUST Co 0.75% of their portfolio JEFFERSON CITY, MO 472,467472.5k $25.8m $25.8m 0.75% Added +32.6k +32,636
60 Avidian Wealth Enterprises, LLC 1.40% of their portfolio Houston, TX 467,452467.5k $25.5m $25.5m 1.40% Reduced -5.8k -5,753
61 Ten Capital Wealth Advisors, LLC 8.22% of their portfolio SPOKANE, WA 462,949462.9k $25.3m $25.3m 8.22% Added +26.5k +26,475
62 Coastal Bridge Advisors, LLC 6.27% of their portfolio WESTPORT, CT 454,112454.1k $24.8m $24.8m 6.27% Added +119.1k +119,146
63 Bouchey Financial Group, Ltd. 3.23% of their portfolio TROY, NY 447,752447.8k $24.4m $24.4m 3.23% Added +5.4k +5,377
64 B. Riley Wealth Advisors, Inc. 0.65% of their portfolio MEMPHIS, TN 445,720445.7k $24.3m $24.3m 0.65% Added +100.0k +99,996
65 Sigma Planning Corp 0.80% of their portfolio ANN ARBOR, MI 441,167441.2k $24.1m $24.1m 0.80% Added +59.3k +59,306
66 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 440,719440.7k $24.1m $24.1m 0.05% Added +99.1k +99,072
67 Corrigan Financial, Inc. 7.85% of their portfolio MIDDLETOWN, RI 437,836437.8k $23.9m $23.9m 7.85% New
68 HBW ADVISORY SERVICES LLC 5.89% of their portfolio SIMI VALLEY, CA 432,790432.8k $23.6m $23.6m 5.89% Added +53.3k +53,314
69 TORONTO DOMINION BANK 0.04% of their portfolio TORONTO, ONTARIO, A6 425,000425.0k $23.2m $23.2m 0.04% Added +75.0k +75,000
70 American Planning Services, Inc. 15.68% of their portfolio Sun City Center, FL 423,419423.4k $23.1m $23.1m 15.68% Added +412.7k +412,748
71 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 421,793421.8k $23.0m $23.0m 0.06% Reduced -409.4k -409,358
72 FSA WEALTH PARTNERS, INC. 14.90% of their portfolio Rockville, MD 416,478416.5k $22.7m $22.7m 14.90% Added +6.3k +6,327
73 CAPITAL ADVISORS INC/OK 0.61% of their portfolio TULSA, OK 414,204414.2k $22.6m $22.6m 0.61% Added +123.4k +123,448
74 Graypoint LLC 2.40% of their portfolio Albany, NY 405,158405.2k $22.1m $22.1m 2.40% Added +116.8k +116,832
75 GUARDIAN WEALTH ADVISORS, LLC / NC 3.80% of their portfolio RALEIGH, NC 396,903396.9k $21.7m $21.7m 3.80% Added +63.4k +63,441
76 Prospera Financial Services Inc 0.86% of their portfolio Dallas, TX 382,008382.0k $20.9m $20.9m 0.86% Added +55.8k +55,826
77 Steward Partners Investment Advisory, LLC 0.32% of their portfolio STAMFORD, CT 368,863368.9k $20.1m $20.1m 0.32% Added +116.4k +116,361
78 Johnson Bixby & Associates, LLC 4.40% of their portfolio VANCOUVER, WA 364,587364.6k $19.9m $19.9m 4.40% Reduced -55.9k -55,882
79 Tradition Wealth Management, LLC 2.44% of their portfolio EDINA, MN 358,766358.8k $19.6m $19.6m 2.44% Added +86.2k +86,203
80 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 356,441356.4k $19.5m $19.5m 0.05% Added +29.5k +29,499
81 Fragasso Financial Advisors Inc 2.17% of their portfolio SEWICKLEY, PA 349,459349.5k $19.1m $19.1m 2.17% Added +36.8k +36,790
82 Ocean Park Asset Management, LLC 1.76% of their portfolio SANTA MONICA, CA 345,100345.1k $18.8m $18.8m 1.76% Added +108.1k +108,100
83 SYNOVUS FINANCIAL CORP 0.21% of their portfolio Columbus, GA 342,798342.8k $18.7m $18.7m 0.21% Added +36.2k +36,233
84 NEIRG Wealth Management, LLC 3.23% of their portfolio NORTH ANDOVER, MA 341,191341.2k $18.6m $18.6m 3.23% Added +12.4k +12,417
85 Bernardo Wealth Planning LLC 7.91% of their portfolio HARLEYSVILLE, PA 337,507337.5k $18.4m $18.4m 7.91% Added +28.1k +28,102
86 SlateStone Wealth, LLC 3.78% of their portfolio JUPITER, FL 334,637334.6k $18.3m $18.3m 3.78% Added +168.6k +168,632
87 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.31% of their portfolio RICHMOND, VA 333,368333.4k $18.2m $18.2m 1.31% Added +10.6k +10,649
88 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 332,876332.9k $18.2m $18.2m 0.04% Added +178.0k +178,017
89 Arete Wealth Advisors, LLC 1.47% of their portfolio CHICAGO, IL 331,620331.6k $18.1m $18.1m 1.47% Added +167.9k +167,890
90 Financial Architects, Inc 2.91% of their portfolio MARLTON, NJ 331,564331.6k $18.1m $18.1m 2.91% Added +8.4k +8,375
91 Confluence Wealth Services, Inc. 4.21% of their portfolio MCMURRAY, PA 330,718330.7k $18.1m $18.1m 4.21% Added +37.5k +37,479
92 Wagner Wealth Management, LLC 8.15% of their portfolio GREENVILLE, SC 328,543328.5k $17.9m $17.9m 8.15% Added +162.0k +161,979
93 Second Half Financial Partners, LLC 10.52% of their portfolio SEBRING, FL 324,774324.8k $17.7m $17.7m 10.52% Reduced -4.0k -4,022
94 PATTEN & PATTEN INC/TN 1.56% of their portfolio CHATTANOOGA, TN 324,676324.7k $17.7m $17.7m 1.56% Added +82.9k +82,948
95 D'Orazio & Associates, Inc. 4.56% of their portfolio VIENNA, VA 322,193322.2k $17.6m $17.6m 4.56% Added +2.1k +2,106
96 Mutual Advisors, LLC 0.71% of their portfolio OMAHA, NE 318,711318.7k $17.4m $17.4m 0.71% Reduced -39.9k -39,946
97 Capital Advisors Wealth Management, LLC 4.66% of their portfolio YAKIMA, WA 308,199308.2k $16.8m $16.8m 4.66% Reduced -135.3k -135,319
98 ELEMENT POINTE ADVISORS, LLC 5.57% of their portfolio MIAMI, FL 302,990303.0k $16.5m $16.5m 5.57% New
99 Leverty Financial Group, LLC 12.85% of their portfolio HUDSON, WI 299,756299.8k $16.4m $16.4m 12.85% Added +18.3k +18,279
100 Goldstein Advisors, LLC 3.56% of their portfolio Madison, WI 296,121296.1k $16.2m $16.2m 3.56% New