CTC 13F: Exits JPMorgan Chase (JPM) Stake

CTC has fully exited its investment in JPMorgan Chase & Co. (NYSE: JPM). In a recent Form 13F filing with the SEC, the firm reported that it sold 61,419 shares during the period ended May 21, 2026. This move brought its total share count to zero, effectively closing a position that had previously been a part of its portfolio.

CTC Sells Out of JPMorgan

The fund's decision to liquidate was a total exit from the stock. Previously, CTC held 61,419 shares, but it pared that entire amount—a 100.0% decrease—to reach its current zero-share balance. While the filing shows the position was closed as of late May, 13F reports are delayed snapshots of what a fund owned at the end of a quarter and don't necessarily show what they are holding today.

JPMorgan Stock Performance

On Friday, shares of JPMorgan were priced at $329.39. The bank's stock has stayed within a 52-week range of $279.10 to $366.50. At current levels, the stock is trading just above its 200-day moving average of $322.29, a common technical level investors watch to judge long-term health. The company currently has a market capitalization of $891.03 billion and trades with a P/E ratio—a way to measure stock value against profits—of about 14.1.

Recent Earnings and Profitability

JPMorgan continues to show growth in its core banking business. The company reported annual revenue of $190.73 billion, which is a 10.2% increase over the previous year. It maintains a net margin of 34.59% and a return on equity of 18.01%, showing how efficiently it generates profit from its assets. The bank is scheduled to provide its next major financial update on January 14, 2027.

Dividend Income

For investors focused on income, the bank pays a regular dividend. It offers a dividend yield of 1.97% and maintains a payout ratio of 0.2571, meaning it uses about 25.7% of its earnings to cover those payments. This level suggests the bank has plenty of room to continue its dividend payments while still reinvesting in its business.

Executive Buying at JPMorgan

While some funds have been trimming, several members of the leadership team recently added to their holdings. On June 24, 2026, Co-Presidents Douglas Petno and Troy Rohrbaugh each acquired 90,321 shares. On that same day, Chief Operating Officer Jennifer Piepszak and Asset & Wealth Management CEO Mary Erdoes both acquired 60,214 shares. These transactions were not part of a pre-arranged 10b5-1 trading plan, which is a tool insiders sometimes use to schedule trades in advance.

Analysts Set New Price Targets

Wall Street analysts have been busy adjusting their outlooks for the bank. On October 15, 2026, Citigroup maintained a Neutral rating but lowered its price target to $350.00. On October 14, 2026, Barclays maintained an Overweight rating and lifted its target to $425.00, while RBC Capital reiterated an Outperform rating with a $370.00 target. Other firms like Morgan Stanley and Truist Securities also updated their targets on October 14, setting them at $377.00 and $361.00, respectively. Currently, the consensus among 23 analysts is a Buy, with an average price target of $372.57.

About JPMorgan Chase & Co.

JPMorgan is one of the world's largest financial institutions. It handles everything from basic checking and savings for regular people to massive investment banking deals for corporations and governments. Based in New York, it operates in almost every corner of the globe, providing credit cards, mortgages, and wealth management services. The bank's massive size and wide range of services make its stock a common bellwether for the health of the broader U.S. economy.

What to Watch

Investors should keep an eye on the next earnings report in January 2027 to see if the bank can maintain its 10.2% revenue growth. While the 13F filing shows CTC exited the stock, other institutional moves and the recent cluster of insider buying provide a mixed but active picture of how professionals are viewing the bank's future. Remember that these filings are backward-looking and may not reflect current market positions.