Vault-13

J P MORGAN EXCHANGE TRADED F BBIN

BETABUILDERS I · ETP · CUSIP 46641Q373

111 institutional holders +5 vs Q1 2025
69,477,30369.5m shares reported held*
$4.7bnreported value*
13 new 56 added 27 reduced 9 sold out net sold ≈ $11.8m (-174.6k 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 ($15.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $67.49.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 36Q4 22: 54Q1 23: 51Q2 23: 66Q3 23: 70Q4 23: 84Q1 24: 92Q2 24: 99Q3 24: 94Q4 24: 109Q1 25: 106Q2 25: 111111Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202236
Q4 202254
Q1 202351
Q2 202366
Q3 202370
Q4 202384
Q1 202492
Q2 202499
Q3 202494
Q4 2024109
Q1 2025106
Q2 2025111

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 50 bought or addedQ3 23: 27 cut or sold outQ4 23: 59 bought or addedQ4 23: 26 cut or sold outQ4 23Q1 24: 50 bought or addedQ1 24: 47 cut or sold outQ2 24: 59 bought or addedQ2 24: 42 cut or sold outQ2 24Q3 24: 44 bought or addedQ3 24: 58 cut or sold outQ4 24: 58 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 63 bought or addedQ1 25: 44 cut or sold outQ2 25: 69 bought or addedQ2 25: 36 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235027
Q4 20235926
Q1 20245047
Q2 20245942
Q3 20244458
Q4 20245839
Q1 20256344
Q2 20256936

Calls vs puts

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

CallsPuts
$0$2k$4k$6k$8kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $6.2kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$6.2k—
Q2 2025$0$0—

Biggest buyers

Vestmark Advisory Solutions, Inc. Added +937,560+937.6k
LPL Financial LLC Added +248,773+248.8k
Integrated Wealth Concepts LLC Added +221,145+221.1k
Advisory Services Network, LLC Added +174,870+174.9k
CITADEL ADVISORS LLC Added +131,178+131.2k
Pallas Capital Advisors LLC Added +105,347+105.3k
Cetera Investment Advisers Added +83,241+83.2k
Aptus Capital Advisors, LLC Added +82,455+82.5k
CWM, LLC Added +69,149+69.1k
ROYAL BANK OF CANADA Added +61,713+61.7k

Biggest sellers

MORGAN STANLEY Reduced -1,522,372-1.5m
BANK OF AMERICA CORP /DE/ Reduced -556,403-556.4k
JPMORGAN CHASE & CO Reduced -224,026-224.0k
JANE STREET GROUP, LLC Sold out -135,482-135.5k
OLD MISSION CAPITAL LLC Reduced -97,196-97.2k
Advisor Resource Council Sold out -77,886-77.9k
Focus Partners Wealth Reduced -35,655-35.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -29,403-29.4k
Geneos Wealth Management Inc. Reduced -23,480-23.5k
GOLDMAN SACHS GROUP INC Sold out -19,507-19.5k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.26% of their portfolio NEW YORK, NY 55,166,84955.2m $3.7bn $3.7bn 0.26% Reduced -224.0k -224,026
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,127,0582.1m $143.6m $143.6m 0.01% Reduced -1.5m -1,522,372
3 Integrated Wealth Concepts LLC 1.26% of their portfolio WALTHAM, MA 1,866,2071.9m $126.0m $126.0m 1.26% Added +221.1k +221,145
4 Vestmark Advisory Solutions, Inc. 1.72% of their portfolio Wakefield, MA 1,766,4301.8m $119.2m $119.2m 1.72% Added +937.6k +937,560
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 878,925878.9k $59.3m $59.3m 0.02% Added +248.8k +248,773
6 Janney Montgomery Scott LLC 0.13% of their portfolio PHILADELPHIA, PA 743,692743.7k $50.2m $50.2m 0.13% Added +31.6k +31,617
7 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 566,391566.4k $38.2m $38.2m 0.01% Added +56.1k +56,121
8 KELLY FINANCIAL GROUP LLC 9.85% of their portfolio Wethersfield, CT 504,471504.5k $34.1m $34.1m 9.85% Added +37.3k +37,306
9 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 490,251490.3k $32.8m $32.8m 0.06% Added +23.7k +23,685
10 Perigon Wealth Management, LLC 0.70% of their portfolio SAN FRANCISCO, CA 445,104445.1k $30.0m $30.0m 0.70% Added +17.1k +17,067
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 422,504422.5k $28.5m $28.5m 0.00% Reduced -556.4k -556,403
12 Pallas Capital Advisors LLC 1.05% of their portfolio BRAINTREE, MA 408,701408.7k $27.6m $27.6m 1.05% Added +105.3k +105,347
13 Aptus Capital Advisors, LLC 0.26% of their portfolio FAIRHOPE, AL 391,319391.3k $26.4m $26.4m 0.26% Added +82.5k +82,455
14 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 388,804388.8k $26.2m $26.2m 0.04% Added +83.2k +83,241
15 DAYMARK WEALTH PARTNERS, LLC 0.95% of their portfolio CINCINNATI, OH 370,316370.3k $25.0m $25.0m 0.95% Added +38.8k +38,821
16 ASSETMARK, INC 0.05% of their portfolio CONCORD, CA 328,196328.2k $22.2m $22.2m 0.05% Added +35.4k +35,355
17 Advisory Services Network, LLC 0.20% of their portfolio ATLANTA, GA 186,919186.9k $12.4m $12.4m 0.20% Added +174.9k +174,870
18 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 181,177181.2k $12.2m $12.2m 0.03% Reduced -35.7k -35,655
19 ROTHSCHILD INVESTMENT LLC 0.76% of their portfolio CHICAGO, IL 179,232179.2k $12.1m $12.1m 0.76% Added +12.5k +12,506
20 WNY Asset Management, LLC 1.30% of their portfolio Williamsville, NY 174,476174.5k $11.8m $11.8m 1.30% Added +24.7k +24,678
21 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 10.24% of their portfolio APPLETON, WI 155,434155.4k $10.5m $10.5m 10.24% Reduced -880 -880
22 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 136,061136.1k $9.2m $9.2m 0.01% Added +131.2k +131,178
23 CWM, LLC 0.03% of their portfolio OMAHA, NE 121,602121.6k $8.2m $8.2m 0.03% Added +69.1k +69,149
24 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 117,693117.7k $7.9m $7.9m 0.02% Added +18.3k +18,346
25 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 117,234117.2k $7.9m $7.9m 0.02% Added +11.3k +11,260
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 101,492101.5k $6.8m $6.8m 0.00% Added +61.7k +61,713
27 Gateway Wealth Partners, LLC 1.15% of their portfolio APPLETON, WI 89,89089.9k $6.1m $6.1m 1.15% Added +7.9k +7,947
28 Clarius Group, LLC 0.35% of their portfolio SEATTLE, WA 89,80089.8k $6.1m $6.1m 0.35% Unchanged
29 Jacobi Capital Management LLC 0.40% of their portfolio PITTSTON, PA 89,73889.7k $6.1m $6.1m 0.40% Added +13.5k +13,457
30 Alpha Advisors, LLC/VA 4.41% of their portfolio RICHMOND, VA 76,33976.3k $5.2m $5.2m 4.41% Added +5.3k +5,270
31 Graney & King, LLC 3.38% of their portfolio LATHAM, NY 74,68274.7k $5.0m $5.0m 3.38% Added +5.8k +5,793
32 MN Wealth Advisors, LLC 2.90% of their portfolio OVERLAND PARK, KS 73,89073.9k $5.0m $5.0m 2.90% Reduced -10.5k -10,473
33 5T Wealth, LLC 2.32% of their portfolio Napa, CA 67,53767.5k $4.6m $4.6m 2.32% Reduced -12.2k -12,225
34 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 65,73565.7k $4.4m $4.4m 0.04% Added +3.2k +3,237
35 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 44,43044.4k $3.0m $3.0m 0.00% Added +19.3k +19,321
36 Horizon Family Wealth, Inc. 1.75% of their portfolio CHICAGO, IL 42,57542.6k $2.9m $2.9m 1.75% Reduced -3.0k -3,024
37 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 39,30339.3k $2.7m $2.7m 0.01% Added +2.2k +2,185
38 CreativeOne Wealth, LLC 0.06% of their portfolio OVERLAND PARK, KS 33,50233.5k $2.3m $2.3m 0.06% Reduced -1.4k -1,386
39 Blue Oak Capital, LLC 1.07% of their portfolio MENLO PARK, CA 30,10230.1k $2.0m $2.0m 1.07% Reduced -9.5k -9,522
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 29,72429.7k $2.0m $2.0m 0.00% Reduced -29.4k -29,403
41 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 29,06629.1k $2.0m $2.0m 0.00% Added +14.6k +14,628
42 MassMutual Private Wealth & Trust, FSB 0.05% of their portfolio Windsor, CT 27,63227.6k $1.9m $1.9m 0.05% Reduced -928 -928
43 Ascent Group, LLC 0.06% of their portfolio VIRGINIA BEACH, VA 24,34724.3k $1.6m $1.6m 0.06% Added +2.5k +2,545
44 ORG Partners LLC 0.34% of their portfolio ROANOKE, IN 23,96924.0k $1.6m $1.6m 0.34% New
45 3Chopt Investment Partners, LLC 0.38% of their portfolio RICHMOND, VA 23,61323.6k $1.6m $1.6m 0.38% Reduced -668 -668
46 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 23,07023.1k $1.6m $1.6m 0.00% Added +5.6k +5,622
47 Geneos Wealth Management Inc. 0.04% of their portfolio ENGLEWOOD, CO 22,86822.9k $1.5m $1.5m 0.04% Reduced -23.5k -23,480
48 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 21,00021.0k $1.4m $1.4m 0.00% Added +21.0k +20,996
49 Emerald Advisors, LLC 0.17% of their portfolio BELLEVUE, WA 19,63219.6k $1.3m $1.3m 0.17% Reduced -555 -555
50 BRASS TAX WEALTH MANAGEMENT, INC 0.25% of their portfolio CINCINNATI, OH 18,86818.9k $1.3m $1.3m 0.25% Reduced -1.9k -1,881
51 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 17,38717.4k $1.2m $1.2m 0.03% Reduced -97.2k -97,196
52 Wayfinding Financial, LLC 0.49% of their portfolio LYNNWOOD, WA 16,35616.4k $1.1m $1.1m 0.49% Added +229 +229
53 TWIN PEAKS WEALTH ADVISORS, LLC 0.36% of their portfolio SAN FRANCISCO, CA 16,12616.1k $1.1m $1.1m 0.36% Added +380 +380
54 Insight Advisors, LLC/ PA 0.16% of their portfolio Newtown, PA 14,73514.7k $994.6k $994.6k 0.16% Reduced -604 -604
55 Ignite Planners, LLC 0.16% of their portfolio SAN CLEMENTE, CA 14,21314.2k $947.3k $947.3k 0.16% Added +1.3k +1,282
56 LAKE STREET PRIVATE WEALTH, LLC 0.13% of their portfolio CHICAGO, IL 13,36413.4k $902.1k $902.1k 0.13% Reduced -1.0k -1,009
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 12,95113.0k $875.6k $875.6k 0.00% Reduced -431 -431
58 Cobblestone Asset Management LLC 0.41% of their portfolio RICHMOND, VA 11,65911.7k $787.0k $787.0k 0.41% Added +2.2k +2,240
59 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 11,42711.4k $771.3k $771.3k 0.02% Added +3.1k +3,053
60 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 10,88510.9k $734.7k $734.7k 0.03% Reduced -728 -728
61 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,76410.8k $726.6k $726.6k 0.00% Added +3.6k +3,608
62 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.33% of their portfolio RICHMOND, VA 9,98710.0k $674.1k $674.1k 0.33% Added +898 +898
63 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 9,3759.4k $632.8k $632.8k 0.01% Reduced -393 -393
64 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 9,1889.2k $620.2k $620.2k 0.00% New
65 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 9,0069.0k $607.9k $607.9k 0.00% Added +3.6k +3,631
66 TFB Advisors LLC 0.16% of their portfolio OVERLAND PARK, KS 8,7928.8k $593.4k $593.4k 0.16% Added +1.1k +1,142
67 LOCKERMAN FINANCIAL GROUP, INC. 0.79% of their portfolio NEWPORT BEACH, CA 8,7428.7k $590.1k $590.1k 0.79% Added +2.4k +2,437
68 FIRETHORN WEALTH PARTNERS, LLC 0.23% of their portfolio AUGUSTA, GA 7,7697.8k $524.4k $524.4k 0.23% Added +719 +719
69 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 7,6847.7k $518.7k $518.7k 0.02% Added +624 +624
70 Grey Ledge Advisors, LLC 0.13% of their portfolio GUILFORD, CT 7,6507.7k $516.4k $516.4k 0.13% Unchanged
71 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 6,7146.7k $453.2k $453.2k 0.03% Added +964 +964
72 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 5,2945.3k $357.3k $357.3k 0.00% Added +898 +898
73 NWAM LLC 0.02% of their portfolio MERCER ISLAND, WA 5,0795.1k $335.7k $335.7k 0.02% Reduced -79 -79
74 RICHARDSON FINANCIAL SERVICES INC. 0.19% of their portfolio MEDWAY, MA 4,2654.3k $287.5k $287.5k 0.19% Added +1.3k +1,256
75 WHITTIER TRUST CO OF NEVADA INC 0.01% of their portfolio RENO, NV 3,6933.7k $249.3k $249.3k 0.01% Reduced -858 -858
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 3,5923.6k $242.4k $242.4k 0.00% New
77 J.W. COLE ADVISORS, INC. 0.01% of their portfolio TAMPA, FL 3,5753.6k $241.3k $241.3k 0.01% New
78 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 3,4903.5k $235.6k $235.6k 0.00% New
79 FMR LLC 0.00% of their portfolio BOSTON, MA 3,3203.3k $224.2k $224.2k 0.00% Added +2.3k +2,306
80 GREAT VALLEY ADVISOR GROUP, INC. 0.00% of their portfolio WILMINGTON, DE 3,3173.3k $223.9k $223.9k 0.00% New
81 Strategic Financial Concepts, LLC 0.03% of their portfolio SAN ANTONIO, TX 3,1083.1k $210.0k $210.0k 0.03% Reduced -9.6k -9,580
82 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,9883.0k $201.7k $201.7k 0.00% New
83 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 2,8482.8k $192.2k $192.2k 0.00% First filing
84 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 2,4222.4k $163.5k $163.5k 0.02% Added +565 +565
85 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 1,7521.8k $118.3k $118.3k 0.01% Added +157 +157
86 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 1,7481.7k $118.0k $118.0k 0.00% Added +887 +887
87 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,6951.7k $114.4k $114.4k 0.00% Reduced -74 -74
88 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,6871.7k $113.9k $113.9k 0.00% New
89 AlphaCore Capital LLC 0.00% of their portfolio LA JOLLA, CA 1,1161.1k $75.3k $75.3k 0.00% Unchanged
90 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 1,0441.0k $70.5k $70.5k 0.01% Reduced -315 -315
91 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 924924 $62.4k $62.4k 0.00% Unchanged
92 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 830830 $56.0k $56.0k 0.00% New
93 LGT Financial Advisors LLC 0.12% of their portfolio DALLAS, TX 696696 $47.0k $47.0k 0.12% Added +29 +29
94 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 423423 $28.6k $28.6k 0.00% New
95 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 383383 $25.9k $25.9k 0.00% Unchanged
96 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 367367 $24.8k $24.8k 0.00% Added +33 +33
97 Rossby Financial, LCC 0.01% of their portfolio MELBOURNE, FL 324324 $21.9k $21.9k 0.01% Unchanged
98 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 284284 $19.2k $19.2k 0.00% Added +4 +4
99 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 266266 $18.0k $18.0k 0.00% Unchanged
100 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 217217 $14.6k $14.6k 0.00% Added +51 +51