Vault-13

J P MORGAN EXCHANGE TRADED F BBIN

BETABUILDERS I · ETP · CUSIP 46641Q373

116 institutional holders +5 vs Q2 2025
125,145,833125.1m shares reported held*
$8.7bnreported value*
22 new 46 added 33 reduced 16 sold out net bought ≈ $3.9bn (+55.7m 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 ($18.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $69.90.

Trends to Q3 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: 111Q3 25: 116116Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025116

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 59 bought or addedQ4 23: 26 cut or sold outQ1 24: 50 bought or addedQ1 24: 47 cut or sold outQ1 24Q2 24: 59 bought or addedQ2 24: 42 cut or sold outQ3 24: 44 bought or addedQ3 24: 58 cut or sold outQ3 24Q4 24: 58 bought or addedQ4 24: 39 cut or sold outQ1 25: 63 bought or addedQ1 25: 44 cut or sold outQ1 25Q2 25: 69 bought or addedQ2 25: 36 cut or sold outQ3 25: 68 bought or addedQ3 25: 49 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20235926
Q1 20245047
Q2 20245942
Q3 20244458
Q4 20245839
Q1 20256344
Q2 20256936
Q3 20256849

Calls vs puts

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

CallsPuts
$0$2k$4k$6k$8kQ4 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 —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$6.2k—
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

JPMORGAN CHASE & CO Added +57,358,991+57.4m
Palumbo Wealth Management LLC New +416,315+416.3k
BANK OF AMERICA CORP /DE/ Added +406,433+406.4k
JANE STREET GROUP, LLC New +325,660+325.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +271,168+271.2k
Integrated Wealth Concepts LLC Added +200,524+200.5k
FLOW TRADERS U.S. LLC New +172,390+172.4k
Aptus Capital Advisors, LLC Added +150,578+150.6k
MORGAN STANLEY Added +89,909+89.9k
ASSETMARK, INC Added +88,700+88.7k

Biggest sellers

Vestmark Advisory Solutions, Inc. Sold out -1,766,430-1.8m
Janney Montgomery Scott LLC Sold out -743,692-743.7k
LPL Financial LLC Reduced -604,446-604.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -478,563-478.6k
Cambridge Investment Research Advisors, Inc. Reduced -108,300-108.3k
CITADEL ADVISORS LLC Reduced -104,521-104.5k
Focus Partners Wealth Reduced -67,174-67.2k
PARK AVENUE SECURITIES LLC Reduced -61,400-61.4k
Cetera Investment Advisers Reduced -46,441-46.4k
ROYAL BANK OF CANADA Reduced -45,922-45.9k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.25% of their portfolio NEW YORK, NY 112,525,840112.5m $7.9bn $7.9bn 0.25% Added +57.4m +57,358,991
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,216,9672.2m $155.5m $155.5m 0.01% Added +89.9k +89,909
3 Integrated Wealth Concepts LLC 1.30% of their portfolio WALTHAM, MA 2,066,7312.1m $144.9m $144.9m 1.30% Added +200.5k +200,524
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 828,937828.9k $58.1m $58.1m 0.00% Added +406.4k +406,433
5 Aptus Capital Advisors, LLC 0.35% of their portfolio FAIRHOPE, AL 541,897541.9k $38.0m $38.0m 0.35% Added +150.6k +150,578
6 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 528,481528.5k $37.0m $37.0m 0.05% Added +38.2k +38,230
7 KELLY FINANCIAL GROUP LLC 9.80% of their portfolio Wethersfield, CT 526,695526.7k $36.9m $36.9m 9.80% Added +22.2k +22,224
8 Perigon Wealth Management, LLC 0.67% of their portfolio SAN FRANCISCO, CA 465,909465.9k $32.7m $32.7m 0.67% Added +20.8k +20,805
9 Pallas Capital Advisors LLC 1.13% of their portfolio BRAINTREE, MA 439,015439.0k $30.8m $30.8m 1.13% Added +30.3k +30,314
10 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 416,896416.9k $29.2m $29.2m 0.06% Added +88.7k +88,700
11 Palumbo Wealth Management LLC 0.02% of their portfolio GREAT NECK, NY 416,315416.3k $51.9k $51.9k 0.02% New
12 DAYMARK WEALTH PARTNERS, LLC 0.97% of their portfolio CINCINNATI, OH 407,283407.3k $28.6m $28.6m 0.97% Added +37.0k +36,967
13 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 342,363342.4k $24.0m $24.0m 0.03% Reduced -46.4k -46,441
14 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 325,660325.7k $22.8m $22.8m 0.03% New
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 276,462276.5k $19.4m $19.4m 0.03% Added +271.2k +271,168
16 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 274,479274.5k $19.2m $19.2m 0.01% Reduced -604.4k -604,446
17 Advisory Services Network, LLC 0.22% of their portfolio ATLANTA, GA 210,497210.5k $14.8m $14.8m 0.22% Added +23.6k +23,578
18 ROTHSCHILD INVESTMENT LLC 0.73% of their portfolio CHICAGO, IL 184,573184.6k $12.9m $12.9m 0.73% Added +5.3k +5,341
19 WNY Asset Management, LLC 1.22% of their portfolio Williamsville, NY 180,710180.7k $12.7m $12.7m 1.22% Added +6.2k +6,234
20 FLOW TRADERS U.S. LLC 0.49% of their portfolio NEW YORK, NY 172,390172.4k $12.1m $12.1m 0.49% New
21 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 9.82% of their portfolio APPLETON, WI 151,460151.5k $10.6m $10.6m 9.82% Reduced -4.0k -3,974
22 CWM, LLC 0.03% of their portfolio OMAHA, NE 146,398146.4k $10.3m $10.3m 0.03% Added +24.8k +24,796
23 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 114,003114.0k $8.0m $8.0m 0.01% Reduced -67.2k -67,174
24 Graney & King, LLC 4.59% of their portfolio LATHAM, NY 94,51094.5k $6.6m $6.6m 4.59% Added +19.8k +19,828
25 Jacobi Capital Management LLC 0.40% of their portfolio PITTSTON, PA 93,32393.3k $6.5m $6.5m 0.40% Added +3.6k +3,585
26 Clarius Group, LLC 0.38% of their portfolio SEATTLE, WA 91,47591.5k $6.4m $6.4m 0.38% Added +1.7k +1,675
27 Gateway Wealth Partners, LLC 0.86% of their portfolio APPLETON, WI 90,70390.7k $6.4m $6.4m 0.86% Added +813 +813
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 87,82887.8k $6.2m $6.2m 0.00% Reduced -478.6k -478,563
29 Alpha Advisors, LLC/VA 4.56% of their portfolio RICHMOND, VA 86,47786.5k $6.1m $6.1m 4.56% Added +10.1k +10,138
30 5T Wealth, LLC 2.51% of their portfolio Napa, CA 81,98082.0k $5.7m $5.7m 2.51% Added +14.4k +14,443
31 MN Wealth Advisors, LLC 2.80% of their portfolio OVERLAND PARK, KS 74,84874.8k $5.2m $5.2m 2.80% Added +958 +958
32 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 72,37772.4k $5.1m $5.1m 0.01% Reduced -44.9k -44,857
33 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 69,41369.4k $4.9m $4.9m 0.00% Added +25.0k +24,983
34 Ascent Group, LLC 0.15% of their portfolio VIRGINIA BEACH, VA 61,36961.4k $4.3m $4.3m 0.15% Added +37.0k +37,022
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 55,57055.6k $3.9m $3.9m 0.00% Reduced -45.9k -45,922
36 Horizon Family Wealth, Inc. 1.74% of their portfolio CHICAGO, IL 43,07143.1k $3.0m $3.0m 1.74% Added +496 +496
37 OLD MISSION CAPITAL LLC 0.10% of their portfolio CHICAGO, IL 41,85441.9k $2.9m $2.9m 0.10% Added +24.5k +24,467
38 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 38,59338.6k $2.7m $2.7m 0.01% Reduced -710 -710
39 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 31,54031.5k $2.2m $2.2m 0.00% Reduced -104.5k -104,521
40 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,16731.2k $2.2m $2.2m 0.00% Added +2.1k +2,101
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,32830.3k $2.1m $2.1m 0.00% Added +604 +604
42 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 26,08926.1k $1.8m $1.8m 0.00% Added +3.0k +3,019
43 Geneos Wealth Management Inc. 0.05% of their portfolio ENGLEWOOD, CO 25,92025.9k $1.8m $1.8m 0.05% Added +3.1k +3,052
44 ORG Partners LLC 0.32% of their portfolio ROANOKE, IN 25,33625.3k $1.8m $1.8m 0.32% Added +1.4k +1,367
45 Emerald Advisors, LLC 0.18% of their portfolio BELLEVUE, WA 19,42619.4k $1.4m $1.4m 0.18% Reduced -206 -206
46 3Chopt Investment Partners, LLC 0.28% of their portfolio RICHMOND, VA 17,57617.6k $1.2m $1.2m 0.28% Reduced -6.0k -6,037
47 BRASS TAX WEALTH MANAGEMENT, INC 0.20% of their portfolio CINCINNATI, OH 17,27217.3k $1.2m $1.2m 0.20% Reduced -1.6k -1,596
48 TWIN PEAKS WEALTH ADVISORS, LLC 0.38% of their portfolio SAN FRANCISCO, CA 15,91815.9k $1.1m $1.1m 0.38% Reduced -208 -208
49 GTS SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 15,16415.2k $1.1m $1.1m 0.04% New
50 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 15,01315.0k $1.1m $1.1m 0.03% New
51 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.12% of their portfolio CONCORD, MA 14,87914.9k $1.0m $1.0m 0.12% New
52 Ignite Planners, LLC 0.17% of their portfolio SAN CLEMENTE, CA 14,65314.7k $1.0m $1.0m 0.17% Added +440 +440
53 Insight Advisors, LLC/ PA 0.16% of their portfolio Newtown, PA 14,54614.5k $1.0m $1.0m 0.16% Reduced -189 -189
54 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 14,00514.0k $982.2k $982.2k 0.00% Reduced -7.0k -6,995
55 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,07013.1k $928.2k $928.2k 0.00% Added +119 +119
56 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,74811.7k $823.9k $823.9k 0.00% New
57 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 11,57411.6k $811.7k $811.7k 0.02% Added +147 +147
58 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 10,94510.9k $767.6k $767.6k 0.00% New
59 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 10,91210.9k $765.2k $765.2k 0.00% Added +1.7k +1,724
60 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,64510.6k $746.5k $746.5k 0.00% Reduced -119 -119
61 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 10,48810.5k $735.5k $735.5k 0.03% Reduced -397 -397
62 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 9,3939.4k $659.0k $659.0k 0.00% Reduced -108.3k -108,300
63 TBH Global Asset Management, LLC 0.13% of their portfolio Brentwood, TN 9,3419.3k $655.1k $655.1k 0.13% New
64 TFB Advisors LLC 0.16% of their portfolio OVERLAND PARK, KS 7,9077.9k $554.7k $554.7k 0.16% Reduced -885 -885
65 Grey Ledge Advisors, LLC 0.12% of their portfolio GUILFORD, CT 7,8007.8k $547.0k $547.0k 0.12% Added +150 +150
66 Cobblestone Asset Management LLC 0.24% of their portfolio RICHMOND, VA 7,6197.6k $534.3k $534.3k 0.24% Reduced -4.0k -4,040
67 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 7,4507.5k $522.5k $522.5k 0.01% Added +5.8k +5,763
68 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 7,4107.4k $522.3k $522.3k 0.00% Reduced -1.6k -1,596
69 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 7,3887.4k $518.0k $518.0k 0.00% New
70 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 7,2807.3k $510.5k $510.5k 0.01% New
71 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,2886.3k $441.0k $441.0k 0.01% Reduced -3.1k -3,087
72 RICHARDSON FINANCIAL SERVICES INC. 0.25% of their portfolio MEDWAY, MA 5,8625.9k $411.1k $411.1k 0.25% Added +1.6k +1,597
73 Plan Group Financial, LLC 0.10% of their portfolio OKLAHOMA CITY, OK 5,1875.2k $363.8k $363.8k 0.10% New
74 NWAM LLC 0.02% of their portfolio MERCER ISLAND, WA 4,8844.9k $349.9k $349.9k 0.02% Reduced -195 -195
75 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 4,6294.6k $324.6k $324.6k 0.01% Added +1.3k +1,312
76 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.14% of their portfolio RICHMOND, VA 4,6184.6k $323.9k $323.9k 0.14% Reduced -5.4k -5,369
77 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 4,4484.4k $311.9k $311.9k 0.01% New
78 MB Generational Wealth, LLC 0.20% of their portfolio SPOKANE, WA 4,4454.4k $311.7k $311.7k 0.20% First filing
79 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 4,3354.3k $304.0k $304.0k 0.00% Reduced -61.4k -61,400
80 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 4,0344.0k $282.9k $282.9k 0.00% New
81 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 3,8203.8k $271.8k $271.8k 0.03% New
82 WHITTIER TRUST CO OF NEVADA INC 0.01% of their portfolio RENO, NV 3,6933.7k $264.0k $264.0k 0.01% Unchanged
83 TIAA TRUST, NATIONAL ASSOCIATION 0.00% of their portfolio CHARLOTTE, NC 3,4283.4k $240.2k $240.2k 0.00% New
84 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 3,3513.4k $235.0k $235.0k 0.03% New
85 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,8762.9k $201.7k $201.7k 0.00% Reduced -112 -112
86 FMR LLC 0.00% of their portfolio BOSTON, MA 2,7112.7k $190.1k $190.1k 0.00% Reduced -609 -609
87 Capital Investment Advisory Services, LLC 0.01% of their portfolio RALEIGH, NC 2,6942.7k $188.9k $188.9k 0.01% Added +942 +942
88 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 2,3182.3k $162.6k $162.6k 0.00% Added +570 +570
89 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,6571.7k $116.2k $116.2k 0.00% Reduced -38 -38
90 AlphaCore Capital LLC 0.00% of their portfolio LA JOLLA, CA 1,1161.1k $78.3k $78.3k 0.00% Unchanged
91 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 1,0441.0k $73.7k $73.7k 0.01% Unchanged
92 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 924924 $64.8k $64.8k 0.00% Unchanged
93 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 830830 $58.2k $58.2k 0.00% Unchanged
94 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 716716 $50.2k $50.2k 0.00% New
95 GGM Financial LLC 0.02% of their portfolio COLUMBUS, OH 686686 $48.1k $48.1k 0.02% New
96 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 657657 $46.1k $46.1k 0.00% Reduced -6.1k -6,057
97 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 552552 $38.7k $38.7k 0.00% Added +129 +129
98 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 503503 $35.3k $35.3k 0.00% Reduced -2.3k -2,345
99 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 397397 $27.8k $27.8k 0.00% New
100 WealthShield Partners, LLC 0.00% of their portfolio CARY, NC 383383 $26.9k $26.9k 0.00% Unchanged