JPMorgan Chase & Company (NYSE: JPM) is one of the world's leading financial companies, offering services such as asset management, investment banking, insurance, consumer banking, and credit and commercial banking. JP Morgan had a market capitalization of $340 billion as of October 2017, making it one of the world's largest companies and a member of the Standard & Poor's 500 Index. This status means that JPM shares are a constituent of some of the world's most popular index-tracking mutual funds and exchange-traded funds (ETFs). As a result, JP Morgan's five largest holders are all major financial institutions. The largest individual direct holders are chief executive officer (CEO) James Dimon and chief operating officer (COO) Matthew Zames, but their ownership stakes are much smaller than those of the top institutions.


The Vanguard Group, Inc. was JP Morgan's largest shareholder as of June 2017, with 7.1% of total outstanding shares. Vanguard is one of the largest investment management companies in the world, and it manages hundreds of mutual funds and ETFs. As of December 2016, Vanguard had more than $4 trillion in assets under management (AUM) and serviced more than 20 million investors. The Vanguard Total Stock Market Index Fund was the largest holder of JP Morgan shares within the company, with 2.38% of total outstanding shares. 

State Street

State Street Corporation owned 4.74% of JP Morgan's total outstanding stock as of June 2017, making it the second-largest holder. State Street is a large financial services firm with nearly $2.56 trillion assets in AUM. The company offers investment management, trading, research and related services, with mutual funds and ETFs among the firm's products. State Street manages the well-known SPDR ETF family of funds. 


FMR LLC, or Fidelity Management and Research, owned 2.6% of JP Morgan's total shares as of March 2016, making it was the third-largest holder. FMR is a large financial services firm that offers brokerage, trade execution and investment management services, including mutual funds. Of its constituent funds, the Fidelity Spartan 500 Index Fund was the largest holder of JPM, with 0.59% of outstanding shares. 

Capital World Investors

Capital World Investors is an investment management company that offers a range of products, including mutual funds, individual retirement accounts, college savings plans and employee-sponsored retirement plans. Capital World Investors oversees the popular American Funds family of mutual funds. Capital World Investments was the fourth-largest holder of JP Morgan stock, with 2.37% of total outstanding shares as of June 2017. 

T. Rowe Price Associates

T. Rowe Price Associates is a financial services company that provides asset management services and products, including mutual funds, ETFs and retirement savings vehicles. The institution, with $947 billion in assets under management, held 2.17% of JP Morgan's total outstanding shares, of which 0.38% was held in the T. Rowe Price Value Fund, as of June 2017. 

Largest Individual Holders

James Dimon is the chairman, president and CEO of JPMorgan Chase. He has been the CEO since 2005 and the chairman since 2006. According to the company's proxy statement filed in April 2017, Dimon is the largest direct individual holder of JP Morgan stock, with 6.8 million shares, however accounting for restricted stock units and options, his ownership goes up to 11 million shares . Interestingly, Dimon's stake is much smaller than those of the largest institutions and he is also not the largest individual shareholder either. James Crown, president of private investment firm- Henry Crown and Company and a director on the board of JP Morgan is the largest individual shareholder with a beneficial ownership of over 12.6 million shares.

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