Sepio Capital 13F: Cuts JPMorgan Chase (JPM) Stake by $1.1M

Sepio Capital reduced its holdings in JPMorgan Chase & Co. JPM by 59.3% during the third quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.

JPM JPMorgan Chase & Co.

$335.19 ▲ +4.97% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Sepio Capital's JPMorgan Chase & Co. Position

Sepio Capital parted ways with 3,344 shares of the bank during the period. The fund wrapped up the quarter with 2,293 remaining shares in the financial institution. Those shares carried an approximate value of $758,905 at the time of the filing.

Other Institutional Activity in JPMorgan Chase & Co.

Other wealth managers adjusted their positions in the banking giant around the same time. Accurate Wealth Management grew its holdings by 3,475 shares, ending with 42,201 shares worth about $13,988,169. Robertson Stephens Wealth Management lifted its stake by 5,603 shares to hold 80,759 shares valued at roughly $26,717,342. James Hambro & Partners cut back by 7,733 shares, leaving it with 648,109 shares worth about $214,446,305. Perigon Wealth Management trimmed its position by 11.2%, shedding 14,773 shares to finish with 117,409 shares worth roughly $38,842,224. Axxcess Wealth Management reduced its holdings by 41.8%, cutting 57,078 shares to end with 79,512 shares valued at about $26,305,121.

JPMorgan Chase & Co. Stock Up 0.4%

The company's shares recently changed hands around $336.50, holding roughly level with the closing price of $336.54 on the filing date. The stock trades above its 200-day moving average while resting below its 50-day moving average and its 52-week high of $366.50.

Recent Earnings

JPMorgan Chase & Co. operates as a major banking and financial holding company across domestic and international markets, delivering $190.7 billion in trailing twelve month revenue and earnings of $23.84 per share. The bank posted a net profit margin of 34.6% and a return on equity of 18.0%. Its next earnings report is scheduled for January 14, 2027.

Dividend

The company distributes an annual dividend rate of $6.60 per share, which translates to a dividend yield of 1.97% based on a payout ratio of 25.7%.

Insider Buying and Selling at JPMorgan Chase & Co.

Company insiders executed several transactions earlier in the year. General Counsel Stacey R. Friedman sold 5,468 shares on May 20, 2026, at a price of $300.27 for a total of $1,641,856, and later sold 5,467 shares on June 22, 2026, at $330.73 per share totaling $1,808,121. Officer Robin Leopold sold 2,500 shares on August 11, 2026, at $361.41 worth $903,518, followed by another sale of 2,500 shares on September 10, 2026, at $352.81 totaling $882,026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On October 14, 2026, Truist Securities maintained a hold rating and moved its target from $352.00 to $361.00. Barclays maintained an overweight rating on the same day, raising its target from $420.00 to $425.00. RBC Capital reiterated an outperform rating with a target of $370.00 on October 14, while Morgan Stanley maintained an equal-weight rating and bumped its target from $370.00 to $377.00. Citigroup kept a neutral rating on October 15 while adjusting its target from $360.00 to $350.00. Across the broader analyst community, the stock carries a consensus buy recommendation backed by a mean price target of $372.57 from 23 analysts.

About JPMorgan Chase & Co.

Headquartered in New York, JPMorgan Chase & Co. provides consumer banking, commercial lending, investment banking, and asset management services to millions of customers globally through its extensive branch and digital network.

Bottom Line

Investors tracking institutional flows can monitor upcoming regulatory filings to see if large funds continue trimming bank shares. The company's financial health will face its next major test when quarterly results arrive in January 2027.