Vault-13

J P MORGAN EXCHANGE TRADED F JEPI

EQUITY PREMIUM · ETP · CUSIP 46641Q332

1,110 institutional holders +26 vs Q2 2024
296,186,851296.2m shares reported held*
$17.6bnreported value*
80 new 583 added 337 reduced 67 sold out net bought ≈ $706.3m (+10.9m 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 ($11.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.50. Options: 3 managers hold calls ($18.3m notional), 4 hold puts ($18.3m).

Trends to Q3 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: 1,084Q3 24: 1,1101,110Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022529
Q4 2022645
Q1 2023757
Q2 2023859
Q3 2023895
Q4 20231,003
Q1 20241,053
Q2 20241,084
Q3 20241,110

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 outQ1 23: 611 bought or addedQ1 23: 140 cut or sold outQ1 23Q2 23: 645 bought or addedQ2 23: 183 cut or sold outQ3 23: 629 bought or addedQ3 23: 258 cut or sold outQ3 23Q4 23: 567 bought or addedQ4 23: 345 cut or sold outQ1 24: 698 bought or addedQ1 24: 335 cut or sold outQ1 24Q2 24: 682 bought or addedQ2 24: 367 cut or sold outQ3 24: 663 bought or addedQ3 24: 404 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022470127
Q1 2023611140
Q2 2023645183
Q3 2023629258
Q4 2023567345
Q1 2024698335
Q2 2024682367
Q3 2024663404

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ4 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 1.12Q3 24 calls: $18.3mQ3 24 puts: $18.3mQ3 24P/C 1.00
Numbers
QuarterCallsPutsP/C
Q4 2023$18.9m$36.6m1.93
Q1 2024$18.0m$23.5m1.31
Q2 2024$16.1m$17.9m1.12
Q3 2024$18.3m$18.3m1.00

Biggest buyers

JPMORGAN CHASE & CO Added +7,072,812+7.1m
BANK OF AMERICA CORP /DE/ Added +2,537,143+2.5m
MORGAN STANLEY Added +1,274,168+1.3m
Marks Wealth, LLC New +492,084+492.1k
LPL Financial LLC Added +416,013+416.0k
MML INVESTORS SERVICES, LLC Added +376,400+376.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +375,062+375.1k
COMMONWEALTH EQUITY SERVICES, LLC Added +285,180+285.2k
&PARTNERS Added +281,310+281.3k
OSAIC HOLDINGS, INC. Added +276,918+276.9k

Biggest sellers

RiverFront Investment Group, LLC Reduced -1,170,118-1.2m
Strategic Financial Concepts, LLC Reduced -1,020,948-1.0m
ENVESTNET ASSET MANAGEMENT INC Reduced -751,769-751.8k
FRANKLIN RESOURCES INC Reduced -659,530-659.5k
Atlantic Union Bankshares Corp Reduced -514,794-514.8k
Americana Partners, LLC Sold out -506,922-506.9k
49 WEALTH MANAGEMENT, LLC Reduced -498,262-498.3k
Goldstein Advisors, LLC Sold out -360,395-360.4k
Cetera Investment Advisers Reduced -338,865-338.9k
RAYMOND JAMES & ASSOCIATES Reduced -333,319-333.3k

Biggest calls

CITADEL ADVISORS LLC Added $9.3m157.0k shares
JANE STREET GROUP, LLC New $6.3m105.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.7m44.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.5m209.4k shares
CITADEL ADVISORS LLC Reduced $4.8m81.3k shares
JANE STREET GROUP, LLC New $958.1k16.1k shares
HAP Trading, LLC New $1.0k11.6k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.11% of their portfolio NEW YORK, NY 44,778,35844.8m $2.7bn $2.7bn 0.11% Added +7.1m +7,072,812
2 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 39,406,72039.4m $2.3bn $2.3bn 0.17% Added +1.3m +1,274,168
3 BANK OF AMERICA CORP /DE/ 0.16% of their portfolio CHARLOTTE, NC 30,747,48930.7m $1.8bn $1.8bn 0.16% Added +2.5m +2,537,143
4 WELLS FARGO & COMPANY/MN 0.18% of their portfolio SAN FRANCISCO, CA 12,503,74712.5m $744.1m $744.1m 0.18% Reduced -152.6k -152,588
5 UBS Group AG 0.12% of their portfolio ZURICH, V8 7,125,1307.1m $424.0m $424.0m 0.12% Added +232.3k +232,275
6 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 6,631,4326.6m $394.6m $394.6m 0.09% Added +59.4k +59,449
7 ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio Berwyn, PA 6,352,3986.4m $378.0m $378.0m 0.12% Reduced -751.8k -751,769
8 OSAIC HOLDINGS, INC. 0.74% of their portfolio SCOTTSDALE, AZ 5,543,6585.5m $330.0m $330.0m 0.74% Added +276.9k +276,918
9 Cetera Investment Advisers 0.50% of their portfolio SCHAUMBURG, IL 3,849,1473.8m $229.1m $229.1m 0.50% Reduced -338.9k -338,865
10 COMMONWEALTH EQUITY SERVICES, LLC 0.33% of their portfolio WALTHAM, MA 3,665,0173.7m $218.1m $218.1m 0.33% Added +285.2k +285,180
11 HighTower Advisors, LLC 0.30% of their portfolio CHICAGO, IL 3,573,5263.6m $212.6m $212.6m 0.30% Added +83.9k +83,858
12 CIBC Private Wealth Group LLC 0.36% of their portfolio ATLANTA, GA 3,417,1743.4m $203.4m $203.4m 0.36% Added +11.4k +11,434
13 Raymond James Financial Services Advisors, Inc. 0.24% of their portfolio ST. PETERSBURG, FL 3,011,4693.0m $179.2m $179.2m 0.24% Added +112.4k +112,403
14 MML INVESTORS SERVICES, LLC 0.57% of their portfolio SPRINGFIELD, MA 2,610,1592.6m $155.3m $155.3m 0.57% Added +376.4k +376,400
15 Janney Montgomery Scott LLC 0.43% of their portfolio PHILADELPHIA, PA 2,566,1312.6m $152.7m $152.7m 0.43% Reduced -4.4k -4,420
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.13% of their portfolio MILWAUKEE, WI 2,507,8322.5m $149.2m $149.2m 0.13% Added +375.1k +375,062
17 STIFEL FINANCIAL CORP 0.13% of their portfolio ST. LOUIS, MO 2,088,4002.1m $124.3m $124.3m 0.13% Added +136.1k +136,138
18 RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio ST PETERSBURG, FL 2,088,3192.1m $124.3m $124.3m 0.08% Reduced -333.3k -333,319
19 Cambridge Investment Research Advisors, Inc. 0.39% of their portfolio FAIRFIELD, IA 1,947,0071.9m $115.9m $115.9m 0.39% Added +90.2k +90,219
20 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,900,2431.9m $113.1m $113.1m 0.05% Added +416.0k +416,013
21 RiverFront Investment Group, LLC 2.57% of their portfolio RICHMOND, VA 1,835,7271.8m $109.2m $109.2m 2.57% Reduced -1.2m -1,170,118
22 CWM, LLC 0.47% of their portfolio OMAHA, NE 1,832,3011.8m $109.0m $109.0m 0.47% Added +92.4k +92,413
23 Cornerstone Advisory, LLC 13.53% of their portfolio HUNT VALLEY, MD 1,727,9711.7m $102.8m $102.8m 13.53% Added +8.6k +8,593
24 Enstar Group LTD 23.54% of their portfolio Hamilton, D0 1,539,0251.5m $91.6m $91.6m 23.54% Unchanged
25 Requisite Capital Management, LLC 18.06% of their portfolio DALLAS, TX 1,452,2371.5m $86.4m $86.4m 18.06% Reduced -218.3k -218,331
26 FIRST FOUNDATION ADVISORS 3.24% of their portfolio Irvine, CA 1,444,7291.4m $86.0m $86.0m 3.24% Added +34.9k +34,902
27 Confluence Wealth Services, Inc. 6.16% of their portfolio MCMURRAY, PA 1,416,2571.4m $84.3m $84.3m 6.16% Added +149.4k +149,380
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.18% of their portfolio PLYMOUTH, MN 1,407,5051.4m $83.8m $83.8m 0.18% Reduced -228.6k -228,619
29 FAS Wealth Partners, Inc. 6.67% of their portfolio LEAWOOD, KS 1,407,4881.4m $83.8m $83.8m 6.67% Added +40.3k +40,340
30 Clearstead Advisors, LLC 1.27% of their portfolio CLEVELAND, OH 1,370,6461.4m $81.6m $81.6m 1.27% Added +146.5k +146,507
31 Rockefeller Capital Management L.P. 0.22% of their portfolio NEW YORK, NY 1,368,5471.4m $81.4m $81.4m 0.22% Reduced -191.2k -191,198
32 Allworth Financial LP 0.42% of their portfolio FOLSOM, CA 1,147,0931.1m $68.3m $68.3m 0.42% Added +80.2k +80,171
33 Atria Wealth Solutions, Inc. 0.74% of their portfolio NEW YORK, NY 1,142,9631.1m $68.0m $68.0m 0.74% Added +21.4k +21,442
34 Baird Financial Group, Inc. 0.13% of their portfolio MILWAUKEE, WI 1,115,2171.1m $66.4m $66.4m 0.13% Added +205.3k +205,251
35 Kestra Advisory Services, LLC 0.36% of their portfolio AUSTIN, TX 1,087,9651.1m $64.7m $64.7m 0.36% Added +128.4k +128,450
36 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 1,017,0281.0m $60.7m $60.7m 0.02% Reduced -659.5k -659,530
37 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 945,759945.8k $56.3m $56.3m 0.04% Added +72.5k +72,546
38 AVANTAX ADVISORY SERVICES, INC. 0.34% of their portfolio DALLAS, TX 862,307862.3k $51.3m $51.3m 0.34% Added +55.9k +55,893
39 Eaton Financial Holdings Company, LLC 20.83% of their portfolio Coral Springs, FL 860,396860.4k $51.2m $51.2m 20.83% First filing
40 Capital Investment Advisors, LLC 1.04% of their portfolio ATLANTA, GA 846,246846.2k $50.4m $50.4m 1.04% Reduced -107.6k -107,640
41 Gradient Investments LLC 1.04% of their portfolio ARDEN HILLS, MN 842,152842.2k $50.1m $50.1m 1.04% Added +20.9k +20,898
42 CAPITAL ADVISORS INC/OK 1.00% of their portfolio TULSA, OK 840,260840.3k $50.0m $50.0m 1.00% Added +69.0k +68,975
43 NOTTINGHAM ADVISORS, INC. 5.37% of their portfolio AMHERST, NY 815,304815.3k $48.5m $48.5m 5.37% Added +20.9k +20,867
44 Steward Partners Investment Advisory, LLC 0.42% of their portfolio STAMFORD, CT 756,869756.9k $45.0m $45.0m 0.42% Added +50.7k +50,734
45 Brookstone Capital Management 0.66% of their portfolio WHEATON, IL 754,765754.8k $44.9m $44.9m 0.66% Added +45.0k +44,993
46 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 705,874705.9k $42.0m $42.0m 0.07% Reduced -115.8k -115,802
47 RATIONAL ADVISORS, INC. 3.83% of their portfolio San Juan, PR 669,505669.5k $39.8m $39.8m 3.83% Reduced -105.6k -105,603
48 Apollon Wealth Management, LLC 1.12% of their portfolio MOUNT PLEASANT, SC 667,073667.1k $39.7m $39.7m 1.12% Added +110.3k +110,282
49 Sandy Spring Bank 1.63% of their portfolio Olney, MD 663,624663.6k $39.5m $39.5m 1.63% Added +67.0k +67,012
50 Pacific Center for Financial Services 10.34% of their portfolio DANVILLE, CA 659,861659.9k $39.3m $39.3m 10.34% Added +8.2k +8,237
51 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.44% of their portfolio RICHMOND, VA 654,777654.8k $39.0m $39.0m 1.44% Added +56.8k +56,841
52 Prosperity Consulting Group, LLC 3.03% of their portfolio OWINGS MILLS, MD 652,445652.4k $38.8m $38.8m 3.03% Added +74.9k +74,896
53 OAKWORTH CAPITAL, INC. 2.59% of their portfolio BIRMINGHAM, AL 627,064627.1k $37.3m $37.3m 2.59% Reduced -25.8k -25,816
54 Sanctuary Advisors, LLC 0.23% of their portfolio INDIANAPOLIS, IN 611,702611.7k $36.8m $36.8m 0.23% Added +51.9k +51,920
55 Lebenthal Global Advisors, LLC 7.34% of their portfolio Hauppauge, NY 607,552607.6k $36.2m $36.2m 7.34% Reduced -315.9k -315,915
56 Kathmere Capital Management, LLC 3.35% of their portfolio WAYNE, PA 600,218600.2k $35.7m $35.7m 3.35% Added +23.8k +23,789
57 Teamwork Financial Advisors, LLC 4.85% of their portfolio San Antonio, TX 587,983588.0k $35.0m $35.0m 4.85% Reduced -3.2k -3,193
58 Melia Wealth LLC 18.08% of their portfolio TULSA, OK 587,059587.1k $34.9m $34.9m 18.08% Added +24.5k +24,524
59 PINNACLE ASSOCIATES LTD 0.55% of their portfolio NEW YORK, NY 586,946586.9k $32.3m $32.3m 0.55% Reduced -33.9k -33,936
60 SYNOVUS FINANCIAL CORP 0.40% of their portfolio Columbus, GA 579,553579.6k $34.5m $34.5m 0.40% Added +117.3k +117,335
61 Magnus Financial Group LLC 3.49% of their portfolio NEW YORK, NY 576,285576.3k $34.3m $34.3m 3.49% Added +177.7k +177,734
62 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 569,238569.2k $33.9m $33.9m 0.01% Reduced -267.8k -267,790
63 CFO4Life Group, LLC 5.84% of their portfolio COPPELL, TX 554,282554.3k $33.0m $33.0m 5.84% Reduced -19.9k -19,930
64 HBW ADVISORY SERVICES LLC 4.74% of their portfolio SIMI VALLEY, CA 544,628544.6k $32.4m $32.4m 4.74% Added +103.8k +103,840
65 HUB Investment Partners, LLC 1.36% of their portfolio AUSTIN, TX 524,085524.1k $31.2m $31.2m 1.36% Added +42.8k +42,800
66 Coastal Bridge Advisors, LLC 7.72% of their portfolio WESTPORT, CT 523,421523.4k $31.1m $31.1m 7.72% Added +8.3k +8,285
67 STEPHENS INC /AR/ 0.43% of their portfolio LITTLE ROCK, AR 507,647507.6k $30.2m $30.2m 0.43% Added +23.5k +23,462
68 Leverty Financial Group, LLC 16.41% of their portfolio HUDSON, WI 504,707504.7k $30.0m $30.0m 16.41% Reduced -5.9k -5,939
69 Prime Capital Investment Advisors, LLC 0.43% of their portfolio OVERLAND PARK, KS 502,203502.2k $29.9m $29.9m 0.43% Reduced -2.0k -2,029
70 Marks Wealth, LLC 12.57% of their portfolio ELLICOTT CITY, MD 492,084492.1k $29.3m $29.3m 12.57% New
71 Horizon Advisory Services, Inc. 12.94% of their portfolio WEST HENRIETTA, NY 476,863476.9k $28.4m $28.4m 12.94% Added +4.6k +4,634
72 Financial Partners Group, Inc 4.16% of their portfolio Overland Park, KS 472,201472.2k $28.1m $28.1m 4.16% Reduced -31.6k -31,577
73 Aptus Capital Advisors, LLC 0.41% of their portfolio FAIRHOPE, AL 454,192454.2k $27.0m $27.0m 0.41% Reduced -9.9k -9,933
74 Corrigan Financial, Inc. 6.15% of their portfolio MIDDLETOWN, RI 450,927450.9k $26.8m $26.8m 6.15% Added +4.4k +4,419
75 ELEMENT POINTE ADVISORS, LLC 6.51% of their portfolio MIAMI, FL 449,499449.5k $26.7m $26.7m 6.51% Added +65.4k +65,368
76 Prospera Financial Services Inc 0.67% of their portfolio Dallas, TX 440,590440.6k $26.2m $26.2m 0.67% Added +8.6k +8,584
77 Badgley Phelps Wealth Managers, LLC 0.61% of their portfolio SEATTLE, WA 437,682437.7k $26.0m $26.0m 0.61% Added +12.9k +12,924
78 FSA WEALTH PARTNERS, INC. 6.00% of their portfolio Rockville, MD 417,043417.0k $24.8m $24.8m 6.00% Added +212.6k +212,564
79 PATTEN & PATTEN INC/TN 1.65% of their portfolio CHATTANOOGA, TN 417,037417.0k $24.8m $24.8m 1.65% Added +9.0k +9,028
80 Bouchey Financial Group, Ltd. 2.19% of their portfolio TROY, NY 412,280412.3k $24.5m $24.5m 2.19% Added +8.6k +8,644
81 J.W. COLE ADVISORS, INC. 1.02% of their portfolio TAMPA, FL 410,679410.7k $24.4m $24.4m 1.02% Added +13.9k +13,899
82 Integrated Wealth Concepts LLC 0.28% of their portfolio WALTHAM, MA 390,985391.0k $23.3m $23.3m 0.28% Added +17.7k +17,692
83 SK Wealth Management, LLC 11.68% of their portfolio PROVIDENCE, RI 390,659390.7k $22.8m $22.8m 11.68% First filing
84 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 388,310388.3k $23.6m $23.6m 0.08% Reduced -58.4k -58,394
85 KESTRA PRIVATE WEALTH SERVICES, LLC 0.41% of their portfolio AUSTIN, TX 378,899378.9k $22.5m $22.5m 0.41% Added +84.2k +84,175
86 Graypoint LLC 1.43% of their portfolio Albany, NY 375,839375.8k $22.4m $22.4m 1.43% Reduced -6.2k -6,161
87 Beacon Pointe Advisors, LLC 0.25% of their portfolio NEWPORT BEACH, CA 369,734369.7k $22.0m $22.0m 0.25% Added +26.7k +26,652
88 B. Riley Wealth Advisors, Inc. 0.60% of their portfolio MEMPHIS, TN 363,901363.9k $21.6m $21.6m 0.60% Reduced -18.7k -18,732
89 THOROUGHBRED FINANCIAL SERVICES, LLC 1.37% of their portfolio BRENTWOOD, TN 357,853357.9k $21.3m $21.3m 1.37% Added +11.1k +11,139
90 Cooper Financial Group 2.74% of their portfolio IRVINE, CA 354,168354.2k $21.1m $21.1m 2.74% Reduced -13.8k -13,788
91 Sterling Investment Counsel, LLC 7.44% of their portfolio Buffalo, NY 350,768350.8k $20.9m $20.9m 7.44% Added +15.3k +15,301
92 CHILDRESS CAPITAL ADVISORS, LLC 5.53% of their portfolio HOUSTON, TX 343,949343.9k $20.5m $20.5m 5.53% Added +16.8k +16,754
93 COMERICA BANK 0.08% of their portfolio DALLAS, TX 341,096341.1k $20.3m $20.3m 0.08% Added +9.0k +8,992
94 Avantax Planning Partners, Inc. 0.72% of their portfolio DUBUQUE, IA 337,719337.7k $20.1m $20.1m 0.72% Reduced -85.6k -85,551
95 Advance Capital Management, Inc. 0.88% of their portfolio SOUTHFIELD, MI 335,653335.7k $20.0m $20.0m 0.88% Added +16.3k +16,329
96 PRINCIPAL SECURITIES, INC. 0.48% of their portfolio DES MOINES, IA 335,113335.1k $19.9m $19.9m 0.48% Added +74.6k +74,603
97 Steele Capital Management, Inc. 1.03% of their portfolio DUBUQUE, IA 331,562331.6k $19.7m $19.7m 1.03% Added +6.9k +6,853
98 Pinnacle Wealth Management Advisory Group, LLC 1.88% of their portfolio RED BANK, NJ 331,376331.4k $19.7m $19.7m 1.88% Added +1.4k +1,380
99 Mechanics Bank Trust Department 2.59% of their portfolio Walnut Creek, CA 326,978327.0k $19.5m $19.5m 2.59% Added +25.3k +25,252
100 Wagner Wealth Management, LLC 5.22% of their portfolio GREENVILLE, SC 325,045325.0k $19.3m $19.3m 5.22% Added +6.0k +5,983