Who Owns JPMorgan Chase?

By Robin Hartill, CFP – Updated Oct 13, 2025 at 3:15 PM | Fact-checked by Parker Hicks

Key Points

JPMorgan Chase, a leading U.S. bank, allows public investment via NYSE under ticker "JPM".
Top institutional shareholders include Vanguard and BlackRock, holding significant stakes.
Individuals can invest in JPMorgan by buying shares through a brokerage account.

JPMorgan Chase (JPM +0.15%) is the largest commercial bank in the U.S., with about $4.5 trillion in assets. Chase Bank is the company's consumer and community banking subsidiary. Its other three segments are corporate and investment banking, commercial banking, and asset and wealth management.

JPMorgan Chase's roots go all the way back to 1799, when its earliest predecessor institution, The Manhattan Co., was founded. The Manhattan Co.'s founders included Alexander Hamilton and Aaron Burr. Later, tycoon J. Pierpont Morgan joined with Philadelphia banker Anthony Drexel to form a private merchant banking house called Drexel, Morgan & Co. in New York City in 1871.

The institution later became J.P. Morgan & Co. and went public in 1940. After merging with The Chase Manhattan Corp. in 2000, the company became JPMorgan & Chase.

Today, JPMorgan Chase remains a publicly traded company, which means it's owned by its shareholders. It trades on the New York Stock Exchange under the ticker "JPM." Since it's publicly traded, anyone with a brokerage account can invest in the stock and become a part-owner of JPMorgan Chase.

NYSE: JPM

JPMorgan Chase

Today's Change

(0.15%) $0.43

Current Price

$294.54

Key Data Points

Market Cap

$809B

Day's Range

$292.51 - $296.37

52wk Range

$202.16 - $318.01

Volume

5.4M

Avg Vol

8.1M

Gross Margin

0.00%

Dividend Yield

0.02%

Who are the largest shareholders?

Institutional investors own more than 74.4% of JPMorgan Chase's shares, which total more than 2.9 billion. The largest individual shareholder is CEO Jamie Dimon, but individual insiders own less than 0.5% of the banking stock.

Individuals

Individual Shareholders
Name	Title	Number of Shares (direct & indirect)
Jamie Dimon	CEO of JPMorgan Chase	6.4 million
Mary Erdoes	CEO of JPMorgan Chase asset & wealth management	608,000
Stephen Burke	JPMorgan Chase lead independent director	259,000
Mellody Hobson	Chair of Starbucks and JPMorgan Chase board member	152,000
Ashley Bacon	JPMorgan Chase Chief Risk Officer	234,000

Institutional investors

Vanguard Group: Vanguard, a Pennsylvania-based registered investment advisor whose low-cost mutual funds and exchange-traded funds (ETFs) are a mainstay in retirement accounts, is the largest JPMorgan Chase shareholder. It owns more than 222 million shares, amounting to a stake of about 8%. The funds that hold the largest number of JPMorgan Chase shares are the Vanguard Total Stock Market Index Fund, the Vanguard 500 Index Fund, and the Vanguard Index Value Index Fund.
BlackRock (BLK -0.43%): BlackRock is the largest asset manager in the world, with about $11 trillion in assets under management, and the owner of iShares ETF. BlackRock owns almost 192.8 million shares of JPMorgan Chase, which is about 6.7% of outstanding shares. Its iShares Core S&P 500 ETF (IVV +0.57%) owns almost 33.6 million of those shares.
State Street Corp. (STT +1.23%): Boston-based financial services giant State Street Corp. has more than $5.12 trillion in assets under management, making it the largest custodial bank in the world. In 1993, it launched the SPDR S&P 500 ETF (SPY +0.58%), the first S&P 500 ETF. State Street's stake in JPMorgan Chase is just shy of 4.4%, with more than 125 million shares of the bank. The SPDR S&P 500 ETF owns about 34 million shares.
Morgan Stanley (MS +0.75%): Morgan Stanley is an investment bank and global financial services company co-founded by J.P. Morgan's grandson, Henry Morgan, and Harold Stanley in 1935. It acquired E*TRADE from Morgan Stanley, one of the largest online brokerages, for $13 billion in 2020. Morgan Stanley owns about 66.9 million JPMorgan Chase shares.
Geode Capital Management: Initially founded by Fidelity in 2001, Geode became a separate entity in 2003. It now manages Fidelity's stock index funds as a sub-advisor. Geode owns more than 1.9% of JPMorgan Chase's common stock, with more than 61 million shares.

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Who is on the board of directors for JPMorgan Chase?

Director for JPMorgan Chase
Name	Title	Member Since
Jamie Dimon	CEO of JPMorganChase	2007
Linda Bammann	Former Deput Head of Risk Management at JPMorgan Chase	2013
Stephen Burke	Senior Advisor of Comcast Corporation	2004
Todd Combs	Investment Officer at Berkshire Hathaway Inc	2016
Alicia Davis	President of Ford Pro	2023
Michele Buck	Special Advisor to The Hershey Company	2025
Alex Gorsky	Former Chairman and Chief Executive Officer roles at Johnson & Johnson	2022
Mellody Hobson	Co-CEO of Ariel Investments, LLC	2018
Phebe Novakovic	Chairman and Chief Executive Officer of General Dynamics	2020
Virginia Rometty	Former President and Chief Executive Officer roles IBM	2020
Mark Weinberger	Former Global Chairman and Chief Executive Officer at Ernst & Young LLP	2024
Brad Smith	President of Marshall University	2025

How to invest in JPMorgan Chase

It's easy to invest money in JPMorgan Chase or any other publicly traded company if you have a brokerage account. To hold shares in JPMorgan Chase, just follow these steps:

Open your brokerage account: Log in to your brokerage account where you handle your investments.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

But before you invest, make sure you understand the fundamentals of investing in banking stocks. Bank stocks are somewhat less risky now compared to a couple of decades ago due to increased regulation and required stress testing that assesses how banks will fare in adverse conditions. However, bank stocks aren't a good option if you're looking for a recession-resistant investment, as declining consumer spending and increased defaults typically hurt bank profits during a downturn.

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About the Author

Robin Hartill, CFP, is a contributing writer at The Motley Fool. Robin’s work has also been published by Yahoo Finance, USA Today, and Penny Hoarder. She is a graduate of the University of Florida.

TMFRobinHartill

JPMorgan Chase is an advertising partner of Motley Fool Money. Robin Hartill has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool recommends BlackRock. The Motley Fool has a disclosure policy.