Vault-13

J P MORGAN EXCHANGE TRADED F BBIN

BETABUILDERS I · ETP · CUSIP 46641Q373

121 institutional holders +5 vs Q3 2025
69,136,41469.1m shares reported held*
$5.0bnreported value*
13 new 49 added 35 reduced 12 sold out net sold ≈ $4.0bn (-56.0m 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 ($20.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $72.32.

Trends to Q4 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: 116Q4 25: 121121Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025121

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 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 25Q3 25: 68 bought or addedQ3 25: 49 cut or sold outQ4 25: 62 bought or addedQ4 25: 47 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20245047
Q2 20245942
Q3 20244458
Q4 20245839
Q1 20256344
Q2 20256936
Q3 20256849
Q4 20256247

Calls vs puts

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

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

Biggest buyers

MORGAN STANLEY Added +1,357,830+1.4m
HSBC HOLDINGS PLC Added +107,633+107.6k
Aptus Capital Advisors, LLC Added +52,463+52.5k
Focus Partners Wealth Added +50,787+50.8k
Pallas Capital Advisors LLC Added +50,337+50.3k
BANK OF AMERICA CORP /DE/ Added +43,964+44.0k
ASSETMARK, INC Added +40,956+41.0k
Graney & King, LLC Added +40,268+40.3k
Sanctuary Advisors, LLC Added +34,094+34.1k
Cetera Investment Advisers Added +33,042+33.0k

Biggest sellers

JPMORGAN CHASE & CO Reduced -56,292,221-56.3m
Palumbo Wealth Management LLC Sold out -416,315-416.3k
DAYMARK WEALTH PARTNERS, LLC Reduced -333,951-334.0k
JANE STREET GROUP, LLC Sold out -325,660-325.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -276,462-276.5k
FLOW TRADERS U.S. LLC Sold out -172,390-172.4k
Integrated Wealth Concepts LLC Reduced -51,480-51.5k
OLD MISSION CAPITAL LLC Sold out -41,854-41.9k
OSAIC HOLDINGS, INC. Reduced -36,851-36.9k
CITADEL ADVISORS LLC Reduced -25,312-25.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.27% of their portfolio NEW YORK, NY 56,233,61956.2m $4.1bn $4.1bn 0.27% Reduced -56.3m -56,292,221
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 3,574,7973.6m $258.5m $258.5m 0.02% Added +1.4m +1,357,830
3 Integrated Wealth Concepts LLC 1.73% of their portfolio WALTHAM, MA 2,015,2512.0m $145.7m $145.7m 1.73% Reduced -51.5k -51,480
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 872,901872.9k $63.1m $63.1m 0.00% Added +44.0k +43,964
5 Aptus Capital Advisors, LLC 0.37% of their portfolio FAIRHOPE, AL 594,360594.4k $43.0m $43.0m 0.37% Added +52.5k +52,463
6 KELLY FINANCIAL GROUP LLC 9.96% of their portfolio Wethersfield, CT 541,542541.5k $39.2m $39.2m 9.96% Added +14.8k +14,847
7 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 491,630491.6k $35.6m $35.6m 0.05% Reduced -36.9k -36,851
8 Pallas Capital Advisors LLC 1.17% of their portfolio BRAINTREE, MA 489,352489.4k $35.4m $35.4m 1.17% Added +50.3k +50,337
9 Perigon Wealth Management, LLC 0.60% of their portfolio SAN FRANCISCO, CA 465,267465.3k $33.6m $33.6m 0.60% Reduced -642 -642
10 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 457,852457.9k $33.1m $33.1m 0.07% Added +41.0k +40,956
11 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 375,405375.4k $27.1m $27.1m 0.03% Added +33.0k +33,042
12 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 286,713286.7k $20.7m $20.7m 0.01% Added +12.2k +12,234
13 Advisory Services Network, LLC 0.23% of their portfolio ATLANTA, GA 229,629229.6k $16.6m $16.6m 0.23% Added +19.1k +19,132
14 MLG Wealth Management DBA Pine Grove Financial Group 1.67% of their portfolio WOODBURY, MN 191,377191.4k $13.8m $13.8m 1.67% First filing
15 ROTHSCHILD INVESTMENT LLC 0.75% of their portfolio CHICAGO, IL 188,817188.8k $13.7m $13.7m 0.75% Added +4.2k +4,244
16 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 177,046177.0k $12.8m $12.8m 0.00% Added +107.6k +107,633
17 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 164,790164.8k $11.9m $11.9m 0.01% Added +50.8k +50,787
18 CWM, LLC 0.03% of their portfolio OMAHA, NE 156,961157.0k $11.4m $11.4m 0.03% Added +10.6k +10,563
19 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 9.79% of their portfolio APPLETON, WI 150,706150.7k $10.9m $10.9m 9.79% Reduced -754 -754
20 Graney & King, LLC 5.70% of their portfolio LATHAM, NY 134,778134.8k $9.7m $9.7m 5.70% Added +40.3k +40,268
21 Jacobi Capital Management LLC 0.41% of their portfolio PITTSTON, PA 97,20797.2k $7.0m $7.0m 0.41% Added +3.9k +3,884
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 95,66895.7k $6.9m $6.9m 0.00% Added +7.8k +7,840
23 Gateway Wealth Partners, LLC 0.76% of their portfolio APPLETON, WI 94,70994.7k $6.8m $6.8m 0.76% Added +4.0k +4,006
24 Clarius Group, LLC 0.38% of their portfolio SEATTLE, WA 93,18393.2k $6.7m $6.7m 0.38% Added +1.7k +1,708
25 Alpha Advisors, LLC/VA 4.92% of their portfolio RICHMOND, VA 88,23888.2k $6.4m $6.4m 4.92% Added +1.8k +1,761
26 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 80,56780.6k $5.8m $5.8m 0.01% Added +8.2k +8,190
27 MN Wealth Advisors, LLC 2.79% of their portfolio OVERLAND PARK, KS 76,29676.3k $5.5m $5.5m 2.79% Added +1.4k +1,448
28 DAYMARK WEALTH PARTNERS, LLC 0.17% of their portfolio CINCINNATI, OH 73,33273.3k $5.3m $5.3m 0.17% Reduced -334.0k -333,951
29 Ascent Group, LLC 0.17% of their portfolio VIRGINIA BEACH, VA 66,96667.0k $4.8m $4.8m 0.17% Added +5.6k +5,597
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 62,02562.0k $4.5m $4.5m 0.00% Added +30.9k +30,858
31 5T Wealth, LLC 1.73% of their portfolio Napa, CA 59,72959.7k $4.3m $4.3m 1.73% Reduced -22.3k -22,251
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 49,63949.6k $3.6m $3.6m 0.00% Reduced -5.9k -5,931
33 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 45,00645.0k $3.3m $3.3m 0.02% Added +34.1k +34,094
34 Horizon Family Wealth, Inc. 1.72% of their portfolio CHICAGO, IL 44,63844.6k $3.2m $3.2m 1.72% Added +1.6k +1,567
35 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 42,91542.9k $3.1m $3.1m 0.01% Added +4.3k +4,322
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 31,98232.0k $2.3m $2.3m 0.00% New
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 30,99731.0k $2.2m $2.2m 0.00% Added +669 +669
38 ORG Partners LLC 0.39% of their portfolio ROANOKE, IN 30,24730.2k $2.2m $2.2m 0.39% Added +4.9k +4,911
39 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 28,00328.0k $2.0m $2.0m 0.00% Added +1.9k +1,914
40 Northwest Wealth Advisors, LLC 1.57% of their portfolio BELLINGHAM, WA 27,96728.0k $2.0m $2.0m 1.57% First filing
41 Geneos Wealth Management Inc. 0.05% of their portfolio ENGLEWOOD, CO 26,62726.6k $1.9m $1.9m 0.05% Added +707 +707
42 Emerald Advisors, LLC 0.19% of their portfolio BELLEVUE, WA 19,21619.2k $1.4m $1.4m 0.19% Reduced -210 -210
43 Merited Wealth, LLC 1.16% of their portfolio NORTH BAY VILLAGE, FL 17,35217.4k $1.3m $1.3m 1.16% First filing
44 3Chopt Investment Partners, LLC 0.28% of their portfolio RICHMOND, VA 17,19917.2k $1.2m $1.2m 0.28% Reduced -377 -377
45 Ignite Planners, LLC 0.19% of their portfolio SAN CLEMENTE, CA 16,52116.5k $1.3m $1.3m 0.19% Added +1.9k +1,868
46 TWIN PEAKS WEALTH ADVISORS, LLC 0.36% of their portfolio SAN FRANCISCO, CA 15,69815.7k $1.2m $1.2m 0.36% Reduced -220 -220
47 Strategic Financial Concepts, LLC 1.04% of their portfolio SAN ANTONIO, TX 15,66915.7k $1.1m $1.1m 1.04% New
48 Robertson Stephens Wealth Management, LLC 0.03% of their portfolio San Francisco, CA 15,01315.0k $1.1m $1.1m 0.03% Unchanged
49 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 14,87514.9k $1.1m $1.1m 0.00% Added +5.5k +5,482
50 Insight Advisors, LLC/ PA 0.16% of their portfolio Newtown, PA 14,47014.5k $1.0m $1.0m 0.16% Reduced -76 -76
51 Elevation Wealth Management LLC 0.99% of their portfolio EDEN PRAIRIE, MN 14,34114.3k $1.0m $1.0m 0.99% First filing
52 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.11% of their portfolio CONCORD, MA 12,20712.2k $882.8k $882.8k 0.11% Reduced -2.7k -2,672
53 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 11,60511.6k $839.3k $839.3k 0.01% Added +4.2k +4,155
54 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 11,55311.6k $835.5k $835.5k 0.00% Reduced -195 -195
55 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 10,80510.8k $781.4k $781.4k 0.00% Reduced -3.2k -3,200
56 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 10,16210.2k $734.9k $734.9k 0.00% Reduced -483 -483
57 FLAGSHIP HARBOR ADVISORS, LLC 0.03% of their portfolio BOSTON, MA 9,2579.3k $669.5k $669.5k 0.03% Reduced -1.2k -1,231
58 TFB Advisors LLC 0.17% of their portfolio OVERLAND PARK, KS 8,3858.4k $606.4k $606.4k 0.17% Added +478 +478
59 Grey Ledge Advisors, LLC 0.13% of their portfolio GUILFORD, CT 7,8007.8k $564.1k $564.1k 0.13% Unchanged
60 Plan Group Financial, LLC 0.14% of their portfolio OKLAHOMA CITY, OK 7,2017.2k $520.8k $520.8k 0.14% Added +2.0k +2,014
61 Composition Wealth, LLC 0.01% of their portfolio LOS ANGELES, CA 6,9637.0k $503.6k $503.6k 0.01% Reduced -317 -317
62 Cobblestone Asset Management LLC 0.22% of their portfolio RICHMOND, VA 6,7066.7k $485.0k $485.0k 0.22% Reduced -913 -913
63 RICHARDSON FINANCIAL SERVICES INC. 0.16% of their portfolio MEDWAY, MA 6,6416.6k $480.2k $480.2k 0.16% Added +779 +779
64 MGO ONE SEVEN LLC 0.01% of their portfolio Beachwood, OH 6,3226.3k $457.2k $457.2k 0.01% Added +1.9k +1,874
65 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,2286.2k $450.4k $450.4k 0.00% Reduced -25.3k -25,312
66 WealthPlan Investment Management, LLC 0.03% of their portfolio OMAHA, NE 5,6015.6k $405.1k $405.1k 0.03% New
67 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 5,3715.4k $388.3k $388.3k 0.01% Added +742 +742
68 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 5,3245.3k $385.0k $385.0k 0.01% Reduced -6.2k -6,250
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,2325.2k $388.1k $388.1k 0.00% Reduced -7.8k -7,838
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 5,0595.1k $365.9k $365.9k 0.00% Reduced -1.2k -1,229
71 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,9805.0k $360.2k $360.2k 0.00% Reduced -6.0k -5,965
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 4,9004.9k $354.4k $354.4k 0.00% Reduced -2.5k -2,510
73 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,6304.6k $335.0k $335.0k 0.00% New
74 MB Generational Wealth, LLC 0.17% of their portfolio SPOKANE, WA 4,4454.4k $321.5k $321.5k 0.17% Unchanged
75 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.08% of their portfolio RICHMOND, VA 4,2904.3k $310.3k $310.3k 0.08% Reduced -328 -328
76 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 4,2584.3k $308.0k $308.0k 0.00% Reduced -77 -77
77 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 4,1364.1k $299.1k $299.1k 0.00% Added +102 +102
78 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,9924.0k $288.7k $288.7k 0.00% Added +3.8k +3,774
79 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 3,8323.8k $283.0k $283.0k 0.03% Added +12 +12
80 WHITTIER TRUST CO OF NEVADA INC 0.01% of their portfolio RENO, NV 3,6933.7k $273.9k $273.9k 0.01% Unchanged
81 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 3,5153.5k $254.2k $254.2k 0.03% Added +164 +164
82 Capital Investment Advisory Services, LLC 0.02% of their portfolio RALEIGH, NC 3,2563.3k $235.5k $235.5k 0.02% Added +562 +562
83 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,2473.2k $234.8k $234.8k 0.00% Added +371 +371
84 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 3,1463.1k $227.0k $227.0k 0.00% Reduced -4.2k -4,242
85 FMR LLC 0.00% of their portfolio BOSTON, MA 2,7482.7k $198.7k $198.7k 0.00% Added +37 +37
86 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 2,5212.5k $182.3k $182.3k 0.00% Added +203 +203
87 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,6561.7k $119.8k $119.8k 0.00% Reduced -1 -1
88 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 1,1311.1k $81.8k $81.8k 0.01% Added +87 +87
89 AlphaCore Capital LLC 0.00% of their portfolio LA JOLLA, CA 1,1161.1k $80.7k $80.7k 0.00% Unchanged
90 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 1,0911.1k $78.9k $78.9k 0.01% New
91 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 983983 $72.9k $72.9k 0.00% New
92 Ancora Advisors LLC 0.00% of their portfolio Cleveland, OH 924924 $66.8k $66.8k 0.00% Unchanged
93 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 830830 $60.0k $60.0k 0.00% Unchanged
94 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 778778 $56.3k $56.3k 0.00% New
95 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 657657 $47.5k $47.5k 0.00% Unchanged
96 CARY STREET PARTNERS FINANCIAL LLC 0.00% of their portfolio RICHMOND, VA 619619 $44.8k $44.8k 0.00% Reduced -97 -97
97 GGM Financial LLC 0.02% of their portfolio COLUMBUS, OH 617617 $44.6k $44.6k 0.02% Reduced -69 -69
98 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 493493 $35.7k $35.7k 0.00% Reduced -10 -10
99 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 397397 $28.7k $28.7k 0.00% Unchanged
100 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 384384 $27.8k $27.8k 0.00% Added +118 +118