“`html
JPMorgan Chase Sees Notable Hedge Fund Activity
In reviewing the latest 13F filings for the September 30, 2024, reporting period, we found that JPMorgan Chase & Co (Symbol: JPM) was held by 15 hedge funds. When multiple fund managers show similar interests, it’s wise to take notice.
It’s essential to note that 13F filings only provide part of the picture. These funds disclose their long positions with the SEC but aren’t required to report their short positions. For instance, if a fund shorts stocks while also holding long positions, it may appear bullish in a 13F filing, even if it actually has bearish intentions. Hence, understanding the complete context is key.
Despite this limitation, examining groups of 13F filings can yield valuable insights. Let’s explore the changes in JPM positions reported by these hedge funds:
| Fund | New Position? | Change In Share Count | Change In Market Value ($ in 1000’s) |
|---|---|---|---|
| Tyler Stone Wealth Management | Existing | +6,116 | +$1,324 |
| Migdal Insurance & Financial Holdings Ltd. | Existing | +33 | +$2,183 |
| Baker Avenue Asset Management LP | Existing | –1,985 | +$1,499 |
| Kampmann Melissa S. | Existing | UNCH | +$190 |
| Round Rock Advisors LLC | Existing | –1,562 | –$288 |
| Riverstone Advisors LLC | Existing | +3 | +$17 |
| Mayflower Financial Advisors LLC | Existing | +261 | +$219 |
| Legacy Capital Wealth Partners LLC | Existing | +7,278 | +$1,598 |
| HTG Investment Advisors Inc. | Existing | –26 | +$24 |
| Alan B Lancz & Associates Inc. | Existing | +1,000 | +$250 |
| Guerra Pan Advisors LLC | Existing | +78 | +$169 |
| G2 Capital Management LLC OH | Existing | +1 | +$11 |
| Eagle Bluffs Wealth Management LLC | Existing | +82 | +$125 |
| Colonial River Investments LLC | Existing | +6,173 | +$1,368 |
| Axxcess Wealth Management LLC | Existing | +7,452 | +$2,774 |
| Aggregate Change: | +24,904 | +$11,463 | |
In total, 11 funds increased their JPM positions from June 30, 2024, to September 30, 2024, while three reduced theirs. Notably, Disciplined Investments LLC has exited its position in JPM common stock as of September 30, 2024.
Furthermore, we aggregated the JPM share count across all 2,955 funds during the September 30, 2024 reporting period. When comparing this to the June 30, 2024 figures, we discovered an increase of approximately 8,262,894 shares, rising from 158,858,848 to 167,121,742 shares, which is about a 5.20% gain in holdings. The top three funds holding JPM on September 30, 2024, were as follows:
Our team will continue to monitor the latest 13F filings and share insights derived from the collective information across different fund managers over time. While individual filings may not always provide a clear picture due to their long-only nature, analyzing data across groups of funds lends a more revealing outlook, generating intriguing investment ideas worth considering, such as JPMorgan Chase & Co (Symbol: JPM).
10 S&P 500 Components Hedge Funds Are Buying »
Also see:
• VRM shares outstanding history
• Funds Holding SDLP
• Institutional Holders of BLCM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
“`
