Vault-13

J P MORGAN EXCHANGE TRADED F JEPI

EQUITY PREMIUM · ETP · CUSIP 46641Q332

1,084 institutional holders +31 vs Q1 2024
283,709,121283.7m shares reported held*
$16.0bnreported value*
95 new 587 added 300 reduced 67 sold out net sold ≈ $4.2bn (-79.6m 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 ($12.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.47. Options: 3 managers hold calls ($16.1m notional), 4 hold puts ($17.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 529Q4 22: 645Q1 23: 757Q2 23: 859Q3 23: 895Q4 23: 1,003Q1 24: 1,053Q2 24: 1,0841,084Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022529
Q4 2022645
Q1 2023757
Q2 2023859
Q3 2023895
Q4 20231,003
Q1 20241,053
Q2 20241,084

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 outQ2 23: 645 bought or addedQ2 23: 183 cut or sold outQ2 23Q3 23: 629 bought or addedQ3 23: 258 cut or sold outQ4 23: 567 bought or addedQ4 23: 345 cut or sold outQ4 23Q1 24: 698 bought or addedQ1 24: 335 cut or sold outQ2 24: 682 bought or addedQ2 24: 367 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022470127
Q1 2023611140
Q2 2023645183
Q3 2023629258
Q4 2023567345
Q1 2024698335
Q2 2024682367

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ3 23 calls: $43.6mQ3 23 puts: $19.4mQ3 23P/C 0.45Q4 23 calls: $18.9mQ4 23 puts: $36.6mQ4 23P/C 1.93Q1 24 calls: $18.0mQ1 24 puts: $23.5mQ1 24P/C 1.31Q2 24 calls: $16.1mQ2 24 puts: $17.9mQ2 24P/C 1.12
Numbers
QuarterCallsPutsP/C
Q3 2023$43.6m$19.4m0.45
Q4 2023$18.9m$36.6m1.93
Q1 2024$18.0m$23.5m1.31
Q2 2024$16.1m$17.9m1.12

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +1,562,554+1.6m
HighTower Advisors, LLC Added +1,057,133+1.1m
Strategic Financial Concepts, LLC Added +1,032,746+1.0m
ENVESTNET ASSET MANAGEMENT INC Added +539,682+539.7k
CWM, LLC Added +534,547+534.5k
Gradient Investments LLC Added +524,261+524.3k
RAYMOND JAMES & ASSOCIATES Added +439,155+439.2k
Focus Partners Wealth Added +433,179+433.2k
COMMONWEALTH EQUITY SERVICES, LLC Added +430,134+430.1k
WELLS FARGO & COMPANY/MN Added +405,432+405.4k

Biggest sellers

MORGAN STANLEY Reduced -73,280,032-73.3m
JPMORGAN CHASE & CO Reduced -6,359,694-6.4m
Global Assets Advisory, LLC Sold out -6,165,296-6.2m
OSAIC HOLDINGS, INC. Reduced -1,036,347-1.0m
EXCHANGE TRADED CONCEPTS, LLC Reduced -875,051-875.1k
Marks Wealth, LLC Sold out -724,421-724.4k
Hennion & Walsh Asset Management, Inc. Sold out -614,703-614.7k
Bricktown Capital, LLC Sold out -479,655-479.7k
Balyasny Asset Management L.P. Sold out -362,243-362.2k
Cambridge Investment Research Advisors, Inc. Reduced -288,250-288.2k

Biggest calls

CITADEL ADVISORS LLC Added $7.9m139.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.6m134.9k shares
WOLVERINE TRADING, LLC Reduced $493.1k8.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.2m145.1k shares
CITADEL ADVISORS LLC Added $5.9m104.2k shares
Point72 Asset Management, L.P. Reduced $3.5m61.4k shares
WOLVERINE TRADING, LLC Reduced $311.7k5.5k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 38,132,55238.1m $2.2bn $2.2bn 0.17% Reduced -73.3m -73,280,032
2 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 37,705,54637.7m $2.1bn $2.1bn 0.09% Reduced -6.4m -6,359,694
3 BANK OF AMERICA CORP /DE/ 0.15% of their portfolio CHARLOTTE, NC 28,210,34628.2m $1.6bn $1.6bn 0.15% Added +1.6m +1,562,554
4 WELLS FARGO & COMPANY/MN 0.19% of their portfolio SAN FRANCISCO, CA 12,656,33512.7m $717.4m $717.4m 0.19% Added +405.4k +405,432
5 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 7,104,1677.1m $402.7m $402.7m 0.14% Added +539.7k +539,682
6 UBS Group AG 0.12% of their portfolio ZURICH, V8 6,892,8556.9m $390.7m $390.7m 0.12% Added +161.5k +161,529
7 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 6,571,9836.6m $372.5m $372.5m 0.09% Reduced -168.9k -168,885
8 OSAIC HOLDINGS, INC. 0.71% of their portfolio SCOTTSDALE, AZ 5,266,7405.3m $298.6m $298.6m 0.71% Reduced -1.0m -1,036,347
9 Cetera Investment Advisers 0.55% of their portfolio SCHAUMBURG, IL 4,188,0124.2m $237.4m $237.4m 0.55% Added +52.3k +52,301
10 HighTower Advisors, LLC 0.31% of their portfolio CHICAGO, IL 3,489,6683.5m $197.8m $197.8m 0.31% Added +1.1m +1,057,133
11 CIBC Private Wealth Group LLC 0.36% of their portfolio ATLANTA, GA 3,405,7403.4m $191.5m $191.5m 0.36% Added +50.3k +50,269
12 COMMONWEALTH EQUITY SERVICES, LLC 0.30% of their portfolio WALTHAM, MA 3,379,8373.4m $191.6m $191.6m 0.30% Added +430.1k +430,134
13 RiverFront Investment Group, LLC 4.54% of their portfolio RICHMOND, VA 3,005,8453.0m $170.4m $170.4m 4.54% Added +166.8k +166,821
14 Raymond James Financial Services Advisors, Inc. 0.23% of their portfolio ST. PETERSBURG, FL 2,899,0662.9m $164.3m $164.3m 0.23% Added +395.7k +395,730
15 Janney Montgomery Scott LLC 0.44% of their portfolio PHILADELPHIA, PA 2,570,5512.6m $145.7m $145.7m 0.44% Reduced -111.5k -111,490
16 RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio ST PETERSBURG, FL 2,421,6382.4m $137.3m $137.3m 0.09% Added +439.2k +439,155
17 MML INVESTORS SERVICES, LLC 0.51% of their portfolio SPRINGFIELD, MA 2,233,7592.2m $126.6m $126.6m 0.51% Added +92.2k +92,182
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.12% of their portfolio MILWAUKEE, WI 2,132,7702.1m $120.9m $120.9m 0.12% Added +264.7k +264,714
19 STIFEL FINANCIAL CORP 0.12% of their portfolio ST. LOUIS, MO 1,952,2622.0m $110.7m $110.7m 0.12% Added +50.7k +50,724
20 Cambridge Investment Research Advisors, Inc. 0.39% of their portfolio FAIRFIELD, IA 1,856,7881.9m $105.2m $105.2m 0.39% Reduced -288.2k -288,250
21 CWM, LLC 0.47% of their portfolio OMAHA, NE 1,739,8881.7m $98.6m $98.6m 0.47% Added +534.5k +534,547
22 Cornerstone Advisory, LLC 13.71% of their portfolio HUNT VALLEY, MD 1,719,3781.7m $97.5m $97.5m 13.71% Added +3.4k +3,380
23 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 1,676,5581.7m $95.0m $95.0m 0.03% Added +77.1k +77,141
24 Requisite Capital Management, LLC 21.44% of their portfolio DALLAS, TX 1,670,5681.7m $94.7m $94.7m 21.44% Reduced -82.4k -82,431
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.22% of their portfolio PLYMOUTH, MN 1,636,1241.6m $92.7m $92.7m 0.22% Added +131.9k +131,938
26 Rockefeller Capital Management L.P. 0.25% of their portfolio NEW YORK, NY 1,559,7451.6m $88.4m $88.4m 0.25% Reduced -146.4k -146,403
27 Enstar Group LTD 24.96% of their portfolio Hamilton, D0 1,539,0251.5m $87.2m $87.2m 24.96% Reduced -89.1k -89,110
28 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,484,2301.5m $84.1m $84.1m 0.04% Added +47.4k +47,371
29 FIRST FOUNDATION ADVISORS 3.05% of their portfolio Irvine, CA 1,409,8271.4m $79.9m $79.9m 3.05% Added +206.7k +206,732
30 FAS Wealth Partners, Inc. 6.70% of their portfolio LEAWOOD, KS 1,367,1481.4m $77.5m $77.5m 6.70% Added +59.1k +59,066
31 Confluence Wealth Services, Inc. 5.72% of their portfolio MCMURRAY, PA 1,266,8771.3m $71.8m $71.8m 5.72% Added +95.7k +95,731
32 Clearstead Advisors, LLC 1.18% of their portfolio CLEVELAND, OH 1,224,1391.2m $69.4m $69.4m 1.18% Added +32.3k +32,265
33 Atria Wealth Solutions, Inc. 0.70% of their portfolio NEW YORK, NY 1,121,5211.1m $63.6m $63.6m 0.70% Added +292.8k +292,802
34 Allworth Financial LP 0.39% of their portfolio FOLSOM, CA 1,066,9221.1m $60.6m $60.6m 0.39% Added +28.9k +28,863
35 Strategic Financial Concepts, LLC 0.01% of their portfolio SAN ANTONIO, TX 1,049,2581.0m $18.4k $18.4k 0.01% Added +1.0m +1,032,746
36 Kestra Advisory Services, LLC 0.30% of their portfolio AUSTIN, TX 959,515959.5k $54.4m $54.4m 0.30% Added +131.9k +131,936
37 Capital Investment Advisors, LLC 1.22% of their portfolio ATLANTA, GA 953,886953.9k $54.1m $54.1m 1.22% Added +171.1k +171,145
38 Lebenthal Global Advisors, LLC 11.48% of their portfolio Hauppauge, NY 923,467923.5k $52.3m $52.3m 11.48% Added +2.8k +2,823
39 Baird Financial Group, Inc. 0.11% of their portfolio MILWAUKEE, WI 909,966910.0k $51.6m $51.6m 0.11% Added +56.9k +56,928
40 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 873,213873.2k $49.5m $49.5m 0.03% Added +66.0k +65,959
41 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 837,028837.0k $47.4m $47.4m 0.01% Reduced -253.4k -253,402
42 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 821,676821.7k $46.6m $46.6m 0.07% Added +15.8k +15,763
43 Gradient Investments LLC 1.05% of their portfolio ARDEN HILLS, MN 821,254821.3k $46.5m $46.5m 1.05% Added +524.3k +524,261
44 AVANTAX ADVISORY SERVICES, INC. 0.33% of their portfolio DALLAS, TX 806,414806.4k $45.7m $45.7m 0.33% Added +27.0k +26,972
45 NOTTINGHAM ADVISORS, INC. 5.34% of their portfolio AMHERST, NY 794,437794.4k $45.0m $45.0m 5.34% Added +23.6k +23,642
46 RATIONAL ADVISORS, INC. 4.28% of their portfolio San Juan, PR 775,108775.1k $43.9m $43.9m 4.28% Reduced -48.4k -48,435
47 CAPITAL ADVISORS INC/OK 0.90% of their portfolio TULSA, OK 771,285771.3k $43.7m $43.7m 0.90% Added +21.3k +21,280
48 Brookstone Capital Management 0.67% of their portfolio WHEATON, IL 709,772709.8k $40.7m $40.7m 0.67% Reduced -15.5k -15,482
49 Steward Partners Investment Advisory, LLC 0.42% of their portfolio STAMFORD, CT 706,135706.1k $40.0m $40.0m 0.42% Added +107.6k +107,626
50 49 WEALTH MANAGEMENT, LLC 7.52% of their portfolio AUSTIN, TX 679,411679.4k $38.1m $38.1m 7.52% Added +207.8k +207,834
51 OAKWORTH CAPITAL, INC. 2.70% of their portfolio BIRMINGHAM, AL 652,880652.9k $37.0m $37.0m 2.70% Added +65.5k +65,501
52 Pacific Center for Financial Services 10.35% of their portfolio DANVILLE, CA 651,624651.6k $36.9m $36.9m 10.35% Added +10.8k +10,778
53 Atlantic Union Bankshares Corp 2.30% of their portfolio GLEN ALLEN, VA 651,131651.1k $36.9m $36.9m 2.30% Reduced -41.6k -41,629
54 PINNACLE ASSOCIATES LTD 0.55% of their portfolio NEW YORK, NY 620,882620.9k $35.2m $35.2m 0.55% Reduced -1.1k -1,091
55 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.37% of their portfolio RICHMOND, VA 597,936597.9k $33.9m $33.9m 1.37% Added +53.2k +53,187
56 Sandy Spring Bank 1.49% of their portfolio Olney, MD 596,612596.6k $33.8m $33.8m 1.49% Added +96.4k +96,394
57 Teamwork Financial Advisors, LLC 4.97% of their portfolio San Antonio, TX 591,176591.2k $33.5m $33.5m 4.97% Added +301.8k +301,811
58 Prosperity Consulting Group, LLC 4.44% of their portfolio OWINGS MILLS, MD 577,549577.5k $32.7m $32.7m 4.44% Added +148.7k +148,730
59 Kathmere Capital Management, LLC 3.46% of their portfolio WAYNE, PA 576,429576.4k $32.7m $32.7m 3.46% Added +34.0k +33,966
60 CFO4Life Group, LLC 6.12% of their portfolio COPPELL, TX 574,212574.2k $32.5m $32.5m 6.12% Added +5.7k +5,695
61 Melia Wealth LLC 17.39% of their portfolio TULSA, OK 562,535562.5k $31.9m $31.9m 17.39% Added +37.2k +37,205
62 Sanctuary Advisors, LLC 0.23% of their portfolio INDIANAPOLIS, IN 559,782559.8k $31.5m $31.5m 0.23% First filing
63 Apollon Wealth Management, LLC 0.96% of their portfolio MOUNT PLEASANT, SC 556,791556.8k $31.6m $31.6m 0.96% Added +81.3k +81,297
64 Coastal Bridge Advisors, LLC 7.25% of their portfolio WESTPORT, CT 515,136515.1k $29.2m $29.2m 7.25% Added +1.5k +1,494
65 Leverty Financial Group, LLC 17.12% of their portfolio HUDSON, WI 510,646510.6k $28.9m $28.9m 17.12% Added +35.8k +35,845
66 Americana Partners, LLC 2.26% of their portfolio Houston, TX 506,922506.9k $28.7m $28.7m 2.26% Reduced -280.0k -279,965
67 Prime Capital Investment Advisors, LLC 0.42% of their portfolio OVERLAND PARK, KS 504,232504.2k $28.6m $28.6m 0.42% Reduced -20.0k -20,020
68 Financial Partners Group, Inc 4.51% of their portfolio Overland Park, KS 503,778503.8k $28.6m $28.6m 4.51% Reduced -12.9k -12,857
69 STEPHENS INC /AR/ 0.42% of their portfolio LITTLE ROCK, AR 484,185484.2k $27.4m $27.4m 0.42% Added +24.4k +24,351
70 HUB Investment Partners, LLC 1.32% of their portfolio AUSTIN, TX 481,285481.3k $27.3m $27.3m 1.32% Added +85.8k +85,820
71 Horizon Advisory Services, Inc. 12.81% of their portfolio WEST HENRIETTA, NY 472,229472.2k $26.8m $26.8m 12.81% Added +2.2k +2,158
72 Aptus Capital Advisors, LLC 0.50% of their portfolio FAIRHOPE, AL 464,125464.1k $26.3m $26.3m 0.50% Reduced -217.3k -217,337
73 SYNOVUS FINANCIAL CORP 0.35% of their portfolio Columbus, GA 462,218462.2k $26.2m $26.2m 0.35% Added +9.0k +9,046
74 Focus Partners Wealth 0.09% of their portfolio ST LOUIS, MO 446,704446.7k $25.3m $25.3m 0.09% Added +433.2k +433,179
75 Corrigan Financial, Inc. 6.59% of their portfolio MIDDLETOWN, RI 446,508446.5k $25.8m $25.8m 6.59% Unchanged
76 Integrated Advisors Network LLC 1.29% of their portfolio DALLAS, TX 442,913442.9k $25.1m $25.1m 1.29% Added +23.0k +22,970
77 HBW ADVISORY SERVICES LLC 4.15% of their portfolio SIMI VALLEY, CA 440,788440.8k $25.0m $25.0m 4.15% Added +4.3k +4,266
78 Prospera Financial Services Inc 0.68% of their portfolio Dallas, TX 432,006432.0k $24.5m $24.5m 0.68% Reduced -11.5k -11,496
79 Badgley Phelps Wealth Managers, LLC 0.60% of their portfolio SEATTLE, WA 424,758424.8k $24.1m $24.1m 0.60% Added +10.4k +10,440
80 Avantax Planning Partners, Inc. 0.77% of their portfolio DUBUQUE, IA 423,270423.3k $24.0m $24.0m 0.77% Added +137.7k +137,698
81 PATTEN & PATTEN INC/TN 1.62% of their portfolio CHATTANOOGA, TN 408,009408.0k $23.1m $23.1m 1.62% Added +6.5k +6,546
82 Bouchey Financial Group, Ltd. 2.17% of their portfolio TROY, NY 403,636403.6k $22.9m $22.9m 2.17% Added +8.6k +8,550
83 Magnus Financial Group LLC 2.54% of their portfolio NEW YORK, NY 398,551398.6k $22.6m $22.6m 2.54% Reduced -197.8k -197,773
84 J.W. COLE ADVISORS, INC. 1.06% of their portfolio TAMPA, FL 396,780396.8k $22.5m $22.5m 1.06% Reduced -194 -194
85 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 395,141395.1k $22.4m $22.4m 0.06% Reduced -9.3k -9,319
86 ELEMENT POINTE ADVISORS, LLC 5.52% of their portfolio MIAMI, FL 384,131384.1k $21.8m $21.8m 5.52% Added +8.7k +8,731
87 B. Riley Wealth Advisors, Inc. 0.55% of their portfolio MEMPHIS, TN 382,633382.6k $21.7m $21.7m 0.55% Reduced -72.0k -71,996
88 Graypoint LLC 1.50% of their portfolio Albany, NY 382,000382.0k $21.7m $21.7m 1.50% Added +8.8k +8,830
89 U.S. Capital Wealth Advisors, LLC 0.80% of their portfolio AUSTIN, TX 373,429373.4k $21.2m $21.2m 0.80% Added +11.4k +11,382
90 Integrated Wealth Concepts LLC 0.29% of their portfolio WALTHAM, MA 373,293373.3k $21.2m $21.2m 0.29% Reduced -64.7k -64,686
91 New York Life Investment Management LLC 0.21% of their portfolio New York, NY 371,724371.7k $21.1m $21.1m 0.21% Reduced -120.3k -120,342
92 Cooper Financial Group 3.07% of their portfolio IRVINE, CA 367,956368.0k $20.9m $20.9m 3.07% Added +27.5k +27,488
93 Goldstein Advisors, LLC 3.42% of their portfolio Madison, WI 360,395360.4k $20.4m $20.4m 3.42% Added +12.6k +12,629
94 THOROUGHBRED FINANCIAL SERVICES, LLC 1.31% of their portfolio BRENTWOOD, TN 346,714346.7k $19.7m $19.7m 1.31% Added +27.2k +27,172
95 Ergawealth Advisors, Inc. 10.60% of their portfolio OAK BROOK, IL 343,440343.4k $19.5m $19.5m 10.60% Reduced -84.8k -84,767
96 Beacon Pointe Advisors, LLC 0.23% of their portfolio NEWPORT BEACH, CA 343,082343.1k $19.4m $19.4m 0.23% Added +24.3k +24,308
97 HTLF Bank 2.21% of their portfolio Denver, CO 342,762342.8k $19.4m $19.4m 2.21% Added +4.5k +4,501
98 Sterling Investment Counsel, LLC 7.49% of their portfolio Buffalo, NY 335,467335.5k $19.0m $19.0m 7.49% Added +330.6k +330,554
99 COMERICA BANK 0.08% of their portfolio DALLAS, TX 332,104332.1k $18.8m $18.8m 0.08% Added +39.6k +39,611
100 Pinnacle Wealth Management Advisory Group, LLC 1.93% of their portfolio RED BANK, NJ 329,996330.0k $18.7m $18.7m 1.93% Added +4.5k +4,502