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 nearly $386 billion as of April 13, 2018, 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 institutional holders are all major financial institutions. The largest individual direct holders are chief executive officer (CEO) James Dimon and James Crown, 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 December 2017, with 7.35% 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 January 2018, Vanguard had more than $5.1 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 2.47% of total outstanding shares. 


As of December 2017, BlackRock owned 226.4 million shares of JP Morgan, making up about 6.64% of all outstanding shares. BlackRock, which was founded in 1988 by Laurence D. Fink, is one of the largest asset managers in the world with $6.28 trillion in assets under management as of December 2017. 

State Street

State Street Corporation owned 4.90% of JP Morgan's total outstanding stock as of December 2017, making it the third-largest holder. State Street is a large financial services firm with nearly $2.8 trillion assets in AUM, as reported for the end of 2017. 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 2.57% of JP Morgan's total shares as of December 2017, 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. As of September 2017, FMR had global AUM of $2.4 trillion.

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 $991 billion in assets under management, held 2.17% of JP Morgan's total outstanding shares.

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 his January 2018 SEC filing, Dimon is the largest direct individual holder of JP Morgan stock, with 7.4 million shares, combining shares held in trusts and by his spouse. However accounting for restricted stock units and options, his ownership goes up to over 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 12.4 million shares.

Want to learn how to invest?

Get a free 10 week email series that will teach you how to start investing.

Delivered twice a week, straight to your inbox.