In the third quarter, Meritage Portfolio Management trimmed its position in JPMorgan Chase & Co. by 8.7%, selling 5,129 shares and leaving it with 53,824 shares. At the end of the period, those shares represented approximately 1.1% of Meritage’s total portfolio, making JPMorgan Chase its 12th largest holding. The remaining stake was valued at $16.978 million based on the company’s filing with the Securities and Exchange Commission.

Several smaller institutional investors also shifted their exposure. Harbor Asset Planning initiated a new position worth roughly $26,000 in the second quarter. Mizuho Securities expanded its holding by 450%, ending the period with 110 shares. Mountain Hill Investment Partners entered with a $32,000 stake in the third quarter, while Family Legacy Financial Solutions more than doubled its interest, boosting its share count by 92.6% to 104 shares. Clarity Asset Management increased its position by 87.1% in the second quarter to 217 shares. Collectively, these adjustments underscore continued rotating interest among boutique and specialized funds.

Hedge funds and other institutional investors maintain a controlling interest in JPMorgan Chase, owning 71.55% of outstanding shares. In combination, these large holders provide a stabilizing influence on the stock’s liquidity and governance. The concentrated ownership also means that shifts by a handful of major funds can materially influence market perceptions and trading volumes for the bank.