Vault-13

J P MORGAN EXCHANGE TRADED F BBUS

BETABUILDRS US · ETP · CUSIP 46641Q399

218 institutional holders +32 vs Q3 2025
31,355,79331.4m shares reported held*
$3.9bnreported value*
32 new 95 added 51 reduced 12 sold out net bought ≈ $141.4m (+1.1m 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 ($13.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $123.32.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 54Q4 22: 62Q1 23: 68Q2 23: 72Q3 23: 85Q4 23: 99Q1 24: 113Q2 24: 123Q3 24: 134Q4 24: 153Q1 25: 166Q2 25: 175Q3 25: 186Q4 25: 218218Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202254
Q4 202262
Q1 202368
Q2 202372
Q3 202385
Q4 202399
Q1 2024113
Q2 2024123
Q3 2024134
Q4 2024153
Q1 2025166
Q2 2025175
Q3 2025186
Q4 2025218

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 83 bought or addedQ1 24: 33 cut or sold outQ2 24: 82 bought or addedQ2 24: 43 cut or sold outQ2 24Q3 24: 98 bought or addedQ3 24: 27 cut or sold outQ4 24: 90 bought or addedQ4 24: 36 cut or sold outQ4 24Q1 25: 101 bought or addedQ1 25: 47 cut or sold outQ2 25: 96 bought or addedQ2 25: 70 cut or sold outQ2 25Q3 25: 110 bought or addedQ3 25: 65 cut or sold outQ4 25: 127 bought or addedQ4 25: 63 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20248333
Q2 20248243
Q3 20249827
Q4 20249036
Q1 202510147
Q2 20259670
Q3 202511065
Q4 202512763

Biggest buyers

Norinchukin Bank, The New +2,459,000+2.5m
National Mutual Insurance Federation of Agricultural Cooperatives Added +812,000+812.0k
MORGAN STANLEY Added +580,931+580.9k
Robertson Stephens Wealth Management, LLC Added +326,521+326.5k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. New +277,288+277.3k
Vestmark Advisory Solutions, Inc. Added +197,476+197.5k
Wealth Group Ltd Added +166,193+166.2k
LPL Financial LLC Added +132,407+132.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +129,674+129.7k
RAYMOND JAMES FINANCIAL INC Added +109,232+109.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -4,105,506-4.1m
Integrated Wealth Concepts LLC Reduced -420,668-420.7k
von Borstel & Associates, Inc. Sold out -49,831-49.8k
Creative Planning Reduced -37,074-37.1k
GTS SECURITIES LLC Reduced -28,231-28.2k
VestGen Advisors, LLC Reduced -27,349-27.3k
Cambridge Investment Research Advisors, Inc. Reduced -25,165-25.2k
OSAIC HOLDINGS, INC. Reduced -24,404-24.4k
IFG Advisory, LLC Reduced -22,029-22.0k
WealthPlan Investment Management, LLC Reduced -19,839-19.8k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 4,386,8664.4m $540.9m $540.9m 0.04% Reduced -4.1m -4,105,506
2 Janney Montgomery Scott LLC 0.96% of their portfolio PHILADELPHIA, PA 3,382,1093.4m $417.0m $417.0m 0.96% Added +92.4k +92,418
3 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 3,102,3833.1m $382.6m $382.6m 0.10% Added +132.4k +132,407
4 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 2,861,4812.9m $352.8m $352.8m 0.02% Added +580.9k +580,931
5 Norinchukin Bank, The 3.53% of their portfolio TOKYO, M0 2,459,0002.5m $303.2m $303.2m 3.53% New
6 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 1,830,6881.8m $225.7m $225.7m 0.07% Added +33.0k +32,993
7 Vestmark Advisory Solutions, Inc. 2.84% of their portfolio Wakefield, MA 1,708,1991.7m $210.6m $210.6m 2.84% Added +197.5k +197,476
8 National Mutual Insurance Federation of Agricultural Cooperatives 1.15% of their portfolio TOKYO, JAPAN, M0 1,275,0001.3m $157.2m $157.2m 1.15% Added +812.0k +812,000
9 Robertson Stephens Wealth Management, LLC 2.75% of their portfolio San Francisco, CA 791,483791.5k $97.6m $97.6m 2.75% Added +326.5k +326,521
10 Cornerstone Wealth Management, LLC 4.30% of their portfolio ST. PETERS, MO 670,243670.2k $82.6m $82.6m 4.30% Reduced -10.1k -10,138
11 ASSETMARK, INC 0.14% of their portfolio CONCORD, CA 555,378555.4k $68.5m $68.5m 0.14% Added +7.3k +7,272
12 Wealth Group Ltd 15.01% of their portfolio EDEN PRAIRIE, MN 544,019544.0k $67.1m $67.1m 15.01% Added +166.2k +166,193
13 KELLY FINANCIAL GROUP LLC 16.15% of their portfolio Wethersfield, CT 515,353515.4k $63.5m $63.5m 16.15% Added +20.1k +20,123
14 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 504,071504.1k $62.2m $62.2m 0.16% Reduced -25.2k -25,165
15 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 502,777502.8k $62.0m $62.0m 0.07% Added +65.3k +65,350
16 Perigon Wealth Management, LLC 0.96% of their portfolio SAN FRANCISCO, CA 432,960433.0k $53.4m $53.4m 0.96% Added +18.9k +18,935
17 Tradition Wealth Management, LLC 3.16% of their portfolio EDINA, MN 357,570357.6k $44.1m $44.1m 3.16% Added +20.4k +20,450
18 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.24% of their portfolio Madrid, U3 277,288277.3k $34.3m $34.3m 0.24% New
19 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 253,469253.5k $31.3m $31.3m 0.05% Reduced -24.4k -24,404
20 MN Wealth Advisors, LLC 15.41% of their portfolio OVERLAND PARK, KS 247,219247.2k $30.5m $30.5m 15.41% Added +14.6k +14,602
21 PARK AVENUE SECURITIES LLC 0.23% of their portfolio NEW YORK, NY 222,590222.6k $27.4m $27.4m 0.23% Added +15.2k +15,161
22 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 222,357222.4k $27.4m $27.4m 0.01% Added +109.2k +109,232
23 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 214,277214.3k $26.4m $26.4m 0.06% Added +24.6k +24,604
24 CWM, LLC 0.05% of their portfolio OMAHA, NE 148,149148.1k $18.3m $18.3m 0.05% Added +6.1k +6,147
25 DRIVE WEALTH MANAGEMENT, LLC 3.52% of their portfolio LEHI, UT 146,393146.4k $18.1m $18.1m 3.52% Reduced -10.7k -10,743
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 137,064137.1k $16.9m $16.9m 0.02% Added +129.7k +129,674
27 Orion Porfolio Solutions, LLC 0.12% of their portfolio OMAHA, NE 136,245136.2k $16.8m $16.8m 0.12% Added +14.5k +14,519
28 5T Wealth, LLC 6.47% of their portfolio Napa, CA 131,327131.3k $16.2m $16.2m 6.47% Added +15.1k +15,117
29 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 121,494121.5k $15.0m $15.0m 0.00% Added +44.7k +44,713
30 IFG Advisory, LLC 0.61% of their portfolio ATLANTA, GA 112,811112.8k $13.9m $13.9m 0.61% Reduced -22.0k -22,029
31 Bravias Capital Group, LLC 8.40% of their portfolio ISELIN, NJ 112,627112.6k $13.9m $13.9m 8.40% Added +1.1k +1,097
32 Hopwood Nicholas Hunter 4.49% of their portfolio PLYMOUTH, MI 111,853111.9k $13.8m $13.8m 4.49% First filing
33 CreativeOne Wealth, LLC 0.31% of their portfolio OVERLAND PARK, KS 103,113103.1k $12.7m $12.7m 0.31% Added +3.3k +3,332
34 FLORIDA FINANCIAL ADVISORS, LLC 3.27% of their portfolio TAMPA, FL 97,43097.4k $12.0m $12.0m 3.27% Added +1.5k +1,501
35 Gradient Investments LLC 0.19% of their portfolio ARDEN HILLS, MN 96,13696.1k $11.9m $11.9m 0.19% Added +643 +643
36 Integrated Wealth Concepts LLC 0.14% of their portfolio WALTHAM, MA 93,82993.8k $11.6m $11.6m 0.14% Reduced -420.7k -420,668
37 Ascent Group, LLC 0.39% of their portfolio VIRGINIA BEACH, VA 92,83792.8k $11.4m $11.4m 0.39% Added +5.8k +5,798
38 GREAT VALLEY ADVISOR GROUP, INC. 0.22% of their portfolio WILMINGTON, DE 92,59192.6k $11.4m $11.4m 0.22% Added +7.2k +7,196
39 Golden State Wealth Management, LLC 1.12% of their portfolio SANTA ANA, CA 86,20486.2k $10.6m $10.6m 1.12% Added +2.8k +2,759
40 MLG Wealth Management DBA Pine Grove Financial Group 1.26% of their portfolio WOODBURY, MN 84,40984.4k $10.4m $10.4m 1.26% First filing
41 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 81,53181.5k $10.1m $10.1m 0.05% Added +36.9k +36,938
42 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 77,72877.7k $9.6m $9.6m 0.01% Added +63.9k +63,924
43 Alpha Advisors, LLC/VA 7.32% of their portfolio RICHMOND, VA 76,94076.9k $9.5m $9.5m 7.32% Reduced -1.8k -1,765
44 MassMutual Private Wealth & Trust, FSB 0.24% of their portfolio Windsor, CT 74,56374.6k $9.2m $9.2m 0.24% Reduced -844 -844
45 SCHMIDT P J INVESTMENT MANAGEMENT INC 1.48% of their portfolio CEDARBURG, WI 73,99874.0k $9.1m $9.1m 1.48% Reduced -1.3k -1,287
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 69,60669.6k $8.6m $8.6m 0.00% Reduced -16.0k -16,023
47 Aptus Capital Advisors, LLC 0.07% of their portfolio FAIRHOPE, AL 67,60967.6k $8.3m $8.3m 0.07% Added +5.9k +5,946
48 Elevation Wealth Management LLC 7.55% of their portfolio EDEN PRAIRIE, MN 63,79663.8k $7.9m $7.9m 7.55% First filing
49 Rosenberg Matthew Hamilton 1.61% of their portfolio GRAND JUNCTION, CO 63,20463.2k $7.8m $7.8m 1.61% Reduced -2.5k -2,460
50 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 59,75059.8k $7.4m $7.4m 0.01% Added +48.9k +48,890
51 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 57,43857.4k $7.1m $7.1m 0.01% Reduced -37.1k -37,074
52 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 54,34154.3k $6.7m $6.7m 0.02% Added +48.8k +48,773
53 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 53,43053.4k $6.6m $6.6m 0.00% Added +1.8k +1,847
54 LAKE STREET PRIVATE WEALTH, LLC 0.78% of their portfolio CHICAGO, IL 51,79251.8k $6.4m $6.4m 0.78% Added +5.1k +5,093
55 Wayfinding Financial, LLC 2.66% of their portfolio LYNNWOOD, WA 51,03151.0k $6.3m $6.3m 2.66% Added +1.3k +1,294
56 3Chopt Investment Partners, LLC 1.34% of their portfolio RICHMOND, VA 48,36648.4k $6.0m $6.0m 1.34% Added +2.1k +2,075
57 MGO ONE SEVEN LLC 0.12% of their portfolio Beachwood, OH 47,25747.3k $5.8m $5.8m 0.12% Added +6.3k +6,258
58 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.65% of their portfolio CONCORD, MA 44,08244.1k $5.4m $5.4m 0.65% Reduced -6.2k -6,172
59 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 40,08840.1k $4.9m $4.9m 0.03% Added +835 +835
60 IFP Advisors, Inc 0.10% of their portfolio TAMPA, FL 35,33335.3k $4.4m $4.4m 0.10% Added +3.4k +3,444
61 ORG Partners LLC 0.74% of their portfolio ROANOKE, IN 34,06234.1k $4.2m $4.2m 0.74% Added +9.5k +9,544
62 Composition Wealth, LLC 0.06% of their portfolio LOS ANGELES, CA 33,67333.7k $4.2m $4.2m 0.06% Reduced -958 -958
63 Triad Wealth Partners, LLC 0.37% of their portfolio LAWRENCE, KS 31,52231.5k $3.9m $3.9m 0.37% Added +20.1k +20,125
64 Fingerlakes Wealth Management, Inc. 2.31% of their portfolio ITHACA, NY 29,52729.5k $3.6m $3.6m 2.31% Added +1.4k +1,427
65 LOCKERMAN FINANCIAL GROUP, INC. 6.89% of their portfolio NEWPORT BEACH, CA 29,14629.1k $3.6m $3.6m 6.89% Added +399 +399
66 Clear Creek Financial Management, LLC 0.27% of their portfolio SILVERDALE, WA 26,74226.7k $3.3m $3.3m 0.27% Added +7.8k +7,823
67 Legacy Edge Advisors, LLC 0.35% of their portfolio SYOSSET, NY 25,82025.8k $3.2m $3.2m 0.35% Added +8.2k +8,189
68 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 25,57825.6k $3.2m $3.2m 0.01% New
69 FIRETHORN WEALTH PARTNERS, LLC 1.17% of their portfolio AUGUSTA, GA 25,34925.3k $3.1m $3.1m 1.17% Reduced -93 -93
70 AdvisorNet Financial, Inc 0.16% of their portfolio MINNETONKA, MN 23,76323.8k $2.9m $2.9m 0.16% Added +288 +288
71 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 23,72523.7k $2.9m $2.9m 0.03% Added +2.8k +2,803
72 Merited Wealth, LLC 2.65% of their portfolio NORTH BAY VILLAGE, FL 23,19323.2k $2.9m $2.9m 2.65% First filing
73 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 22,96323.0k $2.8m $2.8m 0.00% Reduced -109 -109
74 Jacobi Capital Management LLC 0.15% of their portfolio PITTSTON, PA 21,34321.3k $2.6m $2.6m 0.15% Reduced -433 -433
75 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.68% of their portfolio RICHMOND, VA 20,42820.4k $2.5m $2.5m 0.68% Added +1.7k +1,687
76 SUTTON PLACE INVESTORS LLC 1.35% of their portfolio ARMONK, NY 19,92119.9k $2.5m $2.5m 1.35% Added +138 +138
77 IAG Wealth Partners, LLC 0.27% of their portfolio WAUKESHA, WI 19,22319.2k $2.4m $2.4m 0.27% Reduced -2.1k -2,132
78 GeoWealth Management, LLC 0.09% of their portfolio CHICAGO, IL 19,15019.1k $2.4m $2.4m 0.09% Added +354 +354
79 Strategic Financial Concepts, LLC 2.10% of their portfolio SAN ANTONIO, TX 18,63018.6k $2.3m $2.3m 2.10% Added +14.9k +14,901
80 Gateway Wealth Partners, LLC 0.25% of their portfolio APPLETON, WI 18,51418.5k $2.3m $2.3m 0.25% Added +2.5k +2,460
81 Archford Capital Strategies, LLC 0.26% of their portfolio SWANSEA, IL 18,15818.2k $2.2m $2.2m 0.26% Reduced -1.2k -1,200
82 TWIN PEAKS WEALTH ADVISORS, LLC 0.57% of their portfolio SAN FRANCISCO, CA 15,76515.8k $2.0m $2.0m 0.57% Added +503 +503
83 Ignite Planners, LLC 0.30% of their portfolio SAN CLEMENTE, CA 15,72215.7k $2.0m $2.0m 0.30% Added +680 +680
84 DIVERSIFY WEALTH MANAGEMENT, LLC 0.09% of their portfolio SANDY, UT 15,67615.7k $2.0m $2.0m 0.09% New
85 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 15,50615.5k $1.9m $1.9m 0.00% New
86 SILVERLAKE WEALTH MANAGEMENT LLC 0.41% of their portfolio WILLISTON, VT 14,85414.9k $1.8m $1.8m 0.41% Added +3.8k +3,842
87 VestGen Advisors, LLC 0.08% of their portfolio CHICAGO, IL 14,51514.5k $1.8m $1.8m 0.08% Reduced -27.3k -27,349
88 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.09% of their portfolio CEDAR RAPIDS, IA 13,64413.6k $1.7m $1.7m 0.09% Reduced -895 -895
89 Mattson Financial Services, LLC 0.39% of their portfolio KENTWOOD, MI 13,48313.5k $1.7m $1.7m 0.39% Reduced -6 -6
90 Global Retirement Partners, LLC 0.03% of their portfolio San Rafael, CA 11,51211.5k $1.4m $1.4m 0.03% Reduced -49 -49
91 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 11,26511.3k $1.4m $1.4m 0.02% Added +466 +466
92 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 11,25811.3k $1.4m $1.4m 0.03% Added +495 +495
93 J.W. COLE ADVISORS, INC. 0.03% of their portfolio TAMPA, FL 10,82310.8k $1.3m $1.3m 0.03% Added +1.4k +1,436
94 FMR LLC 0.00% of their portfolio BOSTON, MA 10,58510.6k $1.3m $1.3m 0.00% Added +5.8k +5,754
95 KINGSWOOD WEALTH ADVISORS, LLC 0.06% of their portfolio SAN DIEGO, CA 10,50410.5k $1.3m $1.3m 0.06% Added +162 +162
96 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,09610.1k $1.2m $1.2m 0.00% Added +1.1k +1,085
97 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 10,04210.0k $1.2m $1.2m 0.00% Reduced -7.3k -7,322
98 Olde Wealth Management, LLC 0.37% of their portfolio SAMMAMISH, WA 9,8259.8k $1.2m $1.2m 0.37% Added +580 +580
99 Aegis Wealth Management, Inc. 0.95% of their portfolio Guthrie Center, IA 9,7659.8k $1.2m $1.2m 0.95% First filing
100 TFB Advisors LLC 0.33% of their portfolio OVERLAND PARK, KS 9,6989.7k $1.2m $1.2m 0.33% Added +94 +94