Vault-13

J P MORGAN EXCHANGE TRADED F JEPI

EQUITY PREMIUM · ETP · CUSIP 46641Q332

1,409 institutional holders -5 vs Q1 2026
323,482,828323.5m shares reported held*
$18.3bnreported value*
104 new 670 added 490 reduced 94 sold out net sold ≈ $398.7m (-7.2m 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 ($11.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.53. Options: 3 managers hold calls ($78.6m notional), 3 hold puts ($53.0m).

Trends to Q2 2026

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: 1,110Q4 24: 1,259Q1 25: 1,270Q2 25: 1,289Q3 25: 1,295Q4 25: 1,390Q1 26: 1,414Q2 26: 1,4091,409Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022529
Q4 2022645
Q1 2023757
Q2 2023859
Q3 2023895
Q4 20231,003
Q1 20241,053
Q2 20241,084
Q3 20241,110
Q4 20241,259
Q1 20251,270
Q2 20251,289
Q3 20251,295
Q4 20251,390
Q1 20261,414
Q2 20261,409

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 663 bought or addedQ3 24: 404 cut or sold outQ4 24: 750 bought or addedQ4 24: 333 cut or sold outQ4 24Q1 25: 798 bought or addedQ1 25: 417 cut or sold outQ2 25: 761 bought or addedQ2 25: 492 cut or sold outQ2 25Q3 25: 752 bought or addedQ3 25: 498 cut or sold outQ4 25: 681 bought or addedQ4 25: 578 cut or sold outQ4 25Q1 26: 837 bought or addedQ1 26: 530 cut or sold outQ2 26: 774 bought or addedQ2 26: 584 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024663404
Q4 2024750333
Q1 2025798417
Q2 2025761492
Q3 2025752498
Q4 2025681578
Q1 2026837530
Q2 2026774584

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 25 calls: $42.1mQ3 25 puts: $35.1mQ3 25P/C 0.83Q4 25 calls: $48.5mQ4 25 puts: $24.6mQ4 25P/C 0.51Q1 26 calls: $58.0mQ1 26 puts: $55.5mQ1 26P/C 0.96Q2 26 calls: $78.6mQ2 26 puts: $53.0mQ2 26P/C 0.67
Numbers
QuarterCallsPutsP/C
Q3 2025$42.1m$35.1m0.83
Q4 2025$48.5m$24.6m0.51
Q1 2026$58.0m$55.5m0.96
Q2 2026$78.6m$53.0m0.67

Biggest buyers

LPL Financial LLC Added +3,139,525+3.1m
Cambridge Investment Research Advisors, Inc. Added +1,995,747+2.0m
MORGAN STANLEY Added +1,244,985+1.2m
WELLS FARGO & COMPANY/MN Added +948,008+948.0k
Cetera Investment Advisers Added +825,754+825.8k
Private Advisor Group, LLC Added +621,604+621.6k
MML INVESTORS SERVICES, LLC Added +578,613+578.6k
Confluence Wealth Services, Inc. Added +463,260+463.3k
Equitable Holdings, Inc. Added +389,284+389.3k
JONES FINANCIAL COMPANIES LLLP Added +388,603+388.6k

Biggest sellers

Nationwide Fund Advisors Sold out -6,910,894-6.9m
JPMORGAN CHASE & CO Reduced -6,434,584-6.4m
CAPITAL ADVISORS INC/OK Reduced -1,532,578-1.5m
BANK OF AMERICA CORP /DE/ Reduced -1,260,469-1.3m
HighTower Advisors, LLC Reduced -730,013-730.0k
RiverFront Investment Group, LLC Reduced -684,091-684.1k
Lebenthal Global Advisors, LLC Reduced -529,216-529.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -451,482-451.5k
Janney Montgomery Scott LLC Reduced -451,379-451.4k
Arkadios Wealth Advisors Reduced -432,948-432.9k

Biggest calls

CITADEL ADVISORS LLC Added $46.0m815.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $18.3m323.5k shares
JANE STREET GROUP, LLC Added $14.3m252.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $35.3m624.9k shares
CITADEL ADVISORS LLC Added $10.4m184.6k shares
JANE STREET GROUP, LLC Added $7.3m128.6k 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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 48,733,33948.7m $2.8bn $2.8bn 0.15% Added +1.2m +1,244,985
2 BANK OF AMERICA CORP /DE/ 0.11% of their portfolio CHARLOTTE, NC 29,737,19529.7m $1.7bn $1.7bn 0.11% Reduced -1.3m -1,260,469
3 WELLS FARGO & COMPANY/MN 0.17% of their portfolio SAN FRANCISCO, CA 17,305,01517.3m $977.4m $977.4m 0.17% Added +948.0k +948,008
4 ENVESTNET ASSET MANAGEMENT INC 0.15% of their portfolio Berwyn, PA 11,312,71311.3m $638.9m $638.9m 0.15% Added +146.8k +146,792
5 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 10,363,67010.4m $585.3m $585.3m 0.13% Added +3.1m +3,139,525
6 RAYMOND JAMES FINANCIAL INC 0.13% of their portfolio ST. PETERSBURG, FL 8,775,5328.8m $495.6m $495.6m 0.13% Added +221.1k +221,091
7 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 8,019,2778.0m $452.9m $452.9m 0.08% Reduced -347.0k -346,992
8 Cetera Investment Advisers 0.36% of their portfolio SCHAUMBURG, IL 6,909,5286.9m $390.3m $390.3m 0.36% Added +825.8k +825,754
9 UBS Group AG 0.06% of their portfolio ZURICH, V8 6,532,9366.5m $369.0m $369.0m 0.06% Reduced -236.6k -236,613
10 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 5,838,0365.8m $329.5m $329.5m 0.02% Reduced -6.4m -6,434,584
11 OSAIC HOLDINGS, INC. 0.38% of their portfolio SCOTTSDALE, AZ 5,792,9955.8m $327.3m $327.3m 0.38% Added +373.8k +373,774
12 COMMONWEALTH EQUITY SERVICES, LLC 0.28% of their portfolio WALTHAM, MA 3,912,7663.9m $221.0m $221.0m 0.28% Reduced -451.5k -451,482
13 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 3,773,9113.8m $213.2m $213.2m 0.24% Added +2.0m +1,995,747
14 RiverFront Investment Group, LLC 2.63% of their portfolio RICHMOND, VA 3,524,6153.5m $199.1m $199.1m 2.63% Reduced -684.1k -684,091
15 JONES FINANCIAL COMPANIES LLLP 0.08% of their portfolio DES PERES, MO 3,430,8223.4m $192.7m $192.7m 0.08% Added +388.6k +388,603
16 MML INVESTORS SERVICES, LLC 0.38% of their portfolio SPRINGFIELD, MA 3,320,2653.3m $187.5m $187.5m 0.38% Added +578.6k +578,613
17 CIBC Bancorp USA Inc. 0.20% of their portfolio CHICAGO, IL 2,916,0272.9m $165.2m $165.2m 0.20% Reduced -32.3k -32,336
18 Confluence Wealth Services, Inc. 4.55% of their portfolio MCMURRAY, PA 2,819,5302.8m $159.2m $159.2m 4.55% Added +463.3k +463,260
19 STIFEL FINANCIAL CORP 0.13% of their portfolio ST. LOUIS, MO 2,775,4112.8m $156.8m $156.8m 0.13% Reduced -46.1k -46,073
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 2,673,2792.7m $151.0m $151.0m 0.08% Added +33.6k +33,569
21 Equitable Holdings, Inc. 0.85% of their portfolio NEW YORK, NY 2,533,7242.5m $142.4m $142.4m 0.85% Added +389.3k +389,284
22 Janney Montgomery Scott LLC 0.26% of their portfolio PHILADELPHIA, PA 2,348,9092.3m $132.7m $132.7m 0.26% Reduced -451.4k -451,379
23 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 2,319,5142.3m $131.0m $131.0m 0.02% Added +269.3k +269,254
24 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 2,191,2962.2m $123.8m $123.8m 0.12% Reduced -730.0k -730,013
25 Cornerstone Advisory, LLC 9.75% of their portfolio HUNT VALLEY, MD 2,079,2632.1m $117.4m $117.4m 9.75% Added +48.7k +48,703
26 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 2,040,0432.0m $115.2m $115.2m 0.06% Added +110.3k +110,311
27 Kestra Advisory Services, LLC 0.37% of their portfolio AUSTIN, TX 2,036,6492.0m $115.0m $115.0m 0.37% Added +197.1k +197,071
28 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 1,695,3371.7m $95.8m $95.8m 0.15% Reduced -17.9k -17,883
29 FAS Wealth Partners, Inc. 4.91% of their portfolio LEAWOOD, KS 1,666,4561.7m $94.1m $94.1m 4.91% Added +136.1k +136,080
30 FIRST FOUNDATION ADVISORS 3.18% of their portfolio Irvine, CA 1,568,5421.6m $88.6m $88.6m 3.18% Reduced -7.5k -7,512
31 Enstar Group LTD 40.18% of their portfolio Hamilton, D0 1,539,0251.5m $86.9m $86.9m 40.18% Unchanged
32 Hamilton Capital, LLC 4.08% of their portfolio COLUMBUS, OH 1,458,9261.5m $82.4m $82.4m 4.08% Added +39.1k +39,109
33 Atlantic Union Bankshares Corp 1.33% of their portfolio GLEN ALLEN, VA 1,406,4291.4m $79.4m $79.4m 1.33% Added +126.4k +126,438
34 Prosperity Consulting Group, LLC 3.00% of their portfolio OWINGS MILLS, MD 1,401,1481.4m $79.1m $79.1m 3.00% Added +30.3k +30,324
35 Allworth Financial LP 0.32% of their portfolio FOLSOM, CA 1,352,1621.4m $76.4m $76.4m 0.32% Added +58.4k +58,356
36 Clearstead Advisors, LLC 0.66% of their portfolio CLEVELAND, OH 1,243,2851.2m $70.2m $70.2m 0.66% Added +7.9k +7,859
37 Focus Partners Wealth 0.07% of their portfolio ST LOUIS, MO 1,169,6091.2m $66.1m $66.1m 0.07% Added +82.4k +82,406
38 NewEdge Advisors, LLC 0.18% of their portfolio NEW ORLEANS, LA 1,097,2831.1m $62.0m $62.0m 0.18% Added +318.9k +318,923
39 SHP Wealth Management 4.07% of their portfolio PLYMOUTH, MA 1,047,2091.0m $59.1m $59.1m 4.07% Added +105.3k +105,345
40 Traynor Capital Management, Inc. 2.77% of their portfolio MALVERN, PA 1,044,2841.0m $59.0m $59.0m 2.77% Added +51.3k +51,259
41 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 1,023,3521.0m $57.8m $57.8m 0.01% Added +15.7k +15,684
42 Foguth Wealth Management, LLC. 6.41% of their portfolio BRIGHTON, MI 998,741998.7k $56.3m $56.3m 6.41% Added +79.2k +79,223
43 Steward Partners Investment Advisory, LLC 0.29% of their portfolio STAMFORD, CT 989,010989.0k $55.9m $55.9m 0.29% Reduced -49.1k -49,067
44 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 963,150963.1k $54.4m $54.4m 0.07% Reduced -31.2k -31,225
45 Beacon Pointe Advisors, LLC 0.24% of their portfolio NEWPORT BEACH, CA 917,272917.3k $51.8m $51.8m 0.24% Added +207.8k +207,850
46 Apollon Wealth Management, LLC 0.63% of their portfolio MOUNT PLEASANT, SC 911,781911.8k $51.5m $51.5m 0.63% Added +107.3k +107,269
47 CARY STREET PARTNERS FINANCIAL LLC 1.09% of their portfolio RICHMOND, VA 883,142883.1k $49.9m $49.9m 1.09% Reduced -92.0k -92,044
48 Private Advisor Group, LLC 0.23% of their portfolio MORRISTOWN, NJ 875,331875.3k $49.4m $49.4m 0.23% Added +621.6k +621,604
49 HUB Investment Partners, LLC 0.89% of their portfolio AUSTIN, TX 862,892862.9k $48.7m $48.7m 0.89% Added +26.6k +26,613
50 Kathmere Capital Management, LLC 2.58% of their portfolio WAYNE, PA 858,562858.6k $48.5m $48.5m 2.58% Added +102.6k +102,595
51 Brookstone Capital Management 0.48% of their portfolio WHEATON, IL 840,573840.6k $47.5m $47.5m 0.48% Reduced -61.9k -61,861
52 Pinnacle Financial Partners, Inc. 0.30% of their portfolio ATLANTA, GA 787,470787.5k $44.5m $44.5m 0.30% Reduced -138.1k -138,082
53 MAI Capital Management 0.17% of their portfolio INDEPENDENCE, OH 779,214779.2k $44.0m $44.0m 0.17% Added +94.8k +94,755
54 OAKWORTH CAPITAL, INC. 2.04% of their portfolio BIRMINGHAM, AL 761,974762.0k $42.9m $42.9m 2.04% Added +35.4k +35,403
55 FIRST FINANCIAL BANK - TRUST DIVISION 2.95% of their portfolio HAMILTON, OH 731,100731.1k $41.3m $41.3m 2.95% Added +94.4k +94,372
56 PINNACLE ASSOCIATES LTD 0.45% of their portfolio NEW YORK, NY 728,737728.7k $41.2m $41.2m 0.45% Added +11.2k +11,209
57 NOTTINGHAM ADVISORS, INC. 5.74% of their portfolio AMHERST, NY 720,889720.9k $48.0m $48.0m 5.74% Reduced -96.0k -95,991
58 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 677,213677.2k $38.2m $38.2m 0.05% Reduced -52.7k -52,694
59 &PARTNERS 0.15% of their portfolio NASHVILLE, TN 664,513664.5k $37.6m $37.6m 0.15% Added +4.9k +4,887
60 KESTRA PRIVATE WEALTH SERVICES, LLC 0.40% of their portfolio AUSTIN, TX 650,697650.7k $36.8m $36.8m 0.40% Added +6.0k +5,985
61 Horizon Advisory Services, Inc. 15.32% of their portfolio WEST HENRIETTA, NY 643,054643.1k $36.3m $36.3m 15.32% Added +147.9k +147,926
62 Integrated Wealth Concepts LLC 0.17% of their portfolio WALTHAM, MA 630,522630.5k $35.6m $35.6m 0.17% Added +96.2k +96,221
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 623,950624.0k $35.4m $35.4m 0.06% Reduced -145.5k -145,505
64 FUKOKU MUTUAL LIFE INSURANCE Co 2.03% of their portfolio TOKYO, M0 617,000617.0k $34.8m $34.8m 2.03% Added +202.0k +202,000
65 STEPHENS INC /AR/ 0.39% of their portfolio LITTLE ROCK, AR 614,920614.9k $34.7m $34.7m 0.39% Added +6.8k +6,821
66 Coastal Bridge Advisors, LLC 2.11% of their portfolio WESTPORT, CT 603,065603.1k $34.1m $34.1m 2.11% Added +6.7k +6,673
67 Hilton Capital Management, LLC 2.32% of their portfolio Garden City, NY 602,758602.8k $34.0m $34.0m 2.32% Added +211.4k +211,361
68 CORNERSTONE ENTERPRISES, LLC 14.62% of their portfolio APPLETON, WI 567,410567.4k $32.0m $32.0m 14.62% Added +33.5k +33,512
69 Mariner, LLC 0.03% of their portfolio Overland Park, KS 561,809561.8k $31.7m $31.7m 0.03% Reduced -47.2k -47,200
70 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 553,071553.1k $31.2m $31.2m 0.04% Added +5.5k +5,550
71 Sterling Investment Counsel, LLC 7.33% of their portfolio Buffalo, NY 551,241551.2k $31.1m $31.1m 7.33% Added +18.9k +18,883
72 Bouchey Financial Group, Ltd. 2.01% of their portfolio TROY, NY 551,039551.0k $31.1m $31.1m 2.01% Added +21.7k +21,656
73 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 542,338542.3k $30.6m $30.6m 0.01% Added +67.0k +67,014
74 BOKF, NA 0.41% of their portfolio TULSA, OK 527,355527.4k $29.8m $29.8m 0.41% Added +24.5k +24,534
75 Prime Capital Investment Advisors, LLC 0.29% of their portfolio OVERLAND PARK, KS 524,142524.1k $29.6m $29.6m 0.29% Added +23.9k +23,875
76 Capital Investment Advisors, LLC 0.39% of their portfolio ATLANTA, GA 518,469518.5k $29.3m $29.3m 0.39% Reduced -22.8k -22,755
77 DAVENPORT & Co LLC 0.15% of their portfolio RICHMOND, VA 516,205516.2k $29.2m $29.2m 0.15% Added +47.5k +47,465
78 Requisite Capital Management, LLC 4.76% of their portfolio DALLAS, TX 509,299509.3k $28.8m $28.8m 4.76% Added +216.3k +216,286
79 Lido Advisors, LLC 0.10% of their portfolio Los Angeles, CA 503,990504.0k $28.5m $28.5m 0.10% Added +40.5k +40,538
80 RATIONAL ADVISORS, INC. 2.59% of their portfolio San Juan, PR 499,379499.4k $28.2m $28.2m 2.59% Reduced -34.6k -34,635
81 Wagner Wealth Management, LLC 5.04% of their portfolio GREENVILLE, SC 482,619482.6k $27.3m $27.3m 5.04% Added +18.5k +18,482
82 Curran Financial Partners, LLC 3.88% of their portfolio DANIEL ISLAND, SC 461,348461.3k $26.1m $26.1m 3.88% Added +55.8k +55,764
83 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 446,014446.0k $25.2m $25.2m 0.12% Reduced -39.6k -39,561
84 Midwest Trust Co 0.28% of their portfolio Overland Park, KS 444,524444.5k $25.1m $25.1m 0.28% Reduced -27.0k -27,022
85 ORRSTOWN FINANCIAL SERVICES INC 3.72% of their portfolio HARRISBURG, PA 443,484443.5k $25.0m $25.0m 3.72% Added +10.5k +10,495
86 Aptus Capital Advisors, LLC 0.18% of their portfolio FAIRHOPE, AL 440,188440.2k $24.9m $24.9m 0.18% Reduced -24.5k -24,502
87 Arax Advisory Partners 0.16% of their portfolio NEW YORK, NY 432,321432.3k $24.4m $24.4m 0.16% Added +236.5k +236,452
88 GREAT VALLEY ADVISOR GROUP, INC. 0.38% of their portfolio WILMINGTON, DE 430,218430.2k $24.3m $24.3m 0.38% Added +74.3k +74,330
89 Pinnacle Wealth Management Advisory Group, LLC 1.44% of their portfolio RED BANK, NJ 428,862428.9k $24.2m $24.2m 1.44% Added +16.9k +16,938
90 Global Wealth Management Investment Advisory, Inc. 3.41% of their portfolio FORT LAUDERDALE, FL 423,919423.9k $23.9m $23.9m 3.41% Added +37.1k +37,098
91 Prospera Financial Services Inc 0.35% of their portfolio Dallas, TX 423,847423.8k $23.9m $23.9m 0.35% Reduced -35.8k -35,821
92 Avantax Planning Partners, Inc. 0.58% of their portfolio DUBUQUE, IA 415,889415.9k $23.5m $23.5m 0.58% Added +20.5k +20,541
93 HBW ADVISORY SERVICES LLC 2.12% of their portfolio SIMI VALLEY, CA 414,559414.6k $23.4m $23.4m 2.12% Reduced -18.3k -18,336
94 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 406,844406.8k $23.0m $23.0m 0.04% Added +19.6k +19,613
95 Melia Wealth LLC 13.16% of their portfolio TULSA, OK 404,606404.6k $22.9m $22.9m 13.16% Added +1.6k +1,590
96 J.W. COLE ADVISORS, INC. 0.38% of their portfolio TAMPA, FL 391,298391.3k $22.1m $22.1m 0.38% Reduced -133.7k -133,680
97 TigerOak Management, L.L.C. 6.13% of their portfolio NASHVILLE, TN 386,664386.7k $21.8m $21.8m 6.13% Added +3.7k +3,700
98 Chicago Partners Investment Group LLC 0.43% of their portfolio CHICAGO, IL 382,036382.0k $21.6m $21.6m 0.43% Added +9.1k +9,090
99 OPPENHEIMER & CO INC 0.23% of their portfolio NEW YORK, NY 378,385378.4k $21.4m $21.4m 0.23% Added +67.5k +67,518
100 Wealthfront Advisers LLC 0.04% of their portfolio Palo Alto, CA 375,490375.5k $21.2m $21.2m 0.04% Added +108.1k +108,069