Who owns JEPI
Which tracked institutional funds hold JEPI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See JEPI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
282 tracked funds added or opened JEPI while 273 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
JEPI’s largest tracked holder by dollar value, MORGAN STANLEY, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.2pp gap the other way — the median holder sizes JEPI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in JEPI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1370 tracked filers holding JEPI, 754 increased or opened the position and 644 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in JEPI between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 32
- Rakuten Investment Management, Inc.$14M
- Diversify Advisory Services, LLC$7M
- Global Retirement Partners, LLC$6M
- Thomasville National Bank$5M
- Capstone Wealth Management Group, Inc.$4M
- Oasis Advisors, LLC$4M
Full exits 76
- Nationwide Fund Advisors$392M
- HighTower Advisors, LLC$166M
- Janney Montgomery Scott LLC$159M
- Cambridge Investment Research Advisors, Inc.$101M
- CWM, LLC$78M
- THOROUGHBRED FINANCIAL SERVICES, LLC$17M
Largest adds
- LPL Financial LLC$176M
- MORGAN STANLEY$61M
- NewEdge Advisors, LLC$60M
- WELLS FARGO & COMPANY/MN$50M
- Cetera Investment Advisers$45M
- Private Advisor Group, LLC$35M
Largest trims
- JPMORGAN CHASE & CO$353M
- CAPITAL ADVISORS INC/OK$87M
- BANK OF AMERICA CORP /DE/$77M
- RiverFront Investment Group, LLC$39M
- Lebenthal Global Advisors, LLC$30M
- COMMONWEALTH EQUITY SERVICES, LLC$26M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| MORGAN STANLEY added | 48,733,339 | $2.8B | 19.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 29,737,195 | $1.7B | 11.9% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 17,305,015 | $977M | 6.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 11,312,713 | $639M | 4.5% | 2026-Q2 |
| LPL Financial LLC added | 10,363,670 | $585M | 4.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 8,775,532 | $496M | 3.5% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 8,019,277 | $453M | 3.2% | 2026-Q2 |
| Cetera Investment Advisers added | 6,909,528 | $390M | 2.8% | 2026-Q2 |
| UBS Group AG trimmed | 6,532,936 | $369M | 2.6% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 5,838,036 | $329M | 2.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 5,792,995 | $327M | 2.3% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 3,912,766 | $221M | 1.6% | 2026-Q2 |
| RiverFront Investment Group, LLC trimmed | 3,524,615 | $199M | 1.4% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 3,430,822 | $193M | 1.4% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 3,320,265 | $188M | 1.3% | 2026-Q2 |
| CIBC Bancorp USA Inc. trimmed | 2,916,027 | $165M | 1.2% | 2026-Q2 |
| Confluence Wealth Services, Inc. added | 2,819,530 | $159M | 1.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 2,775,411 | $157M | 1.1% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 2,673,279 | $151M | 1.1% | 2026-Q2 |
| Equitable Holdings, Inc. added | 2,533,724 | $142M | 1.0% | 2026-Q2 |
| Bank of New York Mellon Corp added | 2,319,514 | $131M | 0.9% | 2026-Q2 |
| Cornerstone Advisory, LLC added | 2,079,263 | $117M | 0.8% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 2,040,043 | $115M | 0.8% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 2,036,649 | $115M | 0.8% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 1,695,337 | $96M | 0.7% | 2026-Q2 |
| FAS Wealth Partners, Inc. added | 1,666,456 | $94M | 0.7% | 2026-Q2 |
| FIRST FOUNDATION ADVISORS trimmed | 1,568,542 | $89M | 0.6% | 2026-Q2 |
| Enstar Group LTD | 1,539,025 | $87M | 0.6% | 2026-Q2 |
| Hamilton Capital, LLC added | 1,458,926 | $82M | 0.6% | 2026-Q2 |
| Atlantic Union Bankshares Corp added | 1,406,429 | $79M | 0.6% | 2026-Q2 |
| Prosperity Consulting Group, LLC added | 1,401,148 | $79M | 0.6% | 2026-Q2 |
| Allworth Financial LP added | 1,352,162 | $76M | 0.5% | 2026-Q2 |
| Clearstead Advisors, LLC added | 1,243,285 | $70M | 0.5% | 2026-Q2 |
| Focus Partners Wealth added | 1,169,609 | $66M | 0.5% | 2026-Q2 |
| NewEdge Advisors, LLC added | 1,097,283 | $62M | 0.4% | 2026-Q2 |
| SHP Wealth Management added | 1,047,209 | $59M | 0.4% | 2026-Q2 |
| Traynor Capital Management, Inc. added | 1,044,284 | $59M | 0.4% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 1,023,352 | $58M | 0.4% | 2026-Q2 |
| Foguth Wealth Management, LLC. added | 998,741 | $56M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC trimmed | 989,010 | $56M | 0.4% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 963,150 | $54M | 0.4% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 917,272 | $52M | 0.4% | 2026-Q2 |
| Apollon Wealth Management, LLC added | 911,781 | $51M | 0.4% | 2026-Q2 |
| CARY STREET PARTNERS FINANCIAL LLC trimmed | 883,142 | $50M | 0.4% | 2026-Q2 |
| Private Advisor Group, LLC added | 875,331 | $49M | 0.3% | 2026-Q2 |
| HUB Investment Partners, LLC added | 862,892 | $49M | 0.3% | 2026-Q2 |
| Kathmere Capital Management, LLC added | 858,562 | $48M | 0.3% | 2026-Q2 |
| Brookstone Capital Management trimmed | 840,573 | $47M | 0.3% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. trimmed | 787,470 | $44M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 779,214 | $44M | 0.3% | 2026-Q2 |
| OAKWORTH CAPITAL, INC. added | 761,974 | $43M | 0.3% | 2026-Q2 |
| FIRST FINANCIAL BANK - TRUST DIVISION added | 731,100 | $41M | 0.3% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD added | 728,737 | $41M | 0.3% | 2026-Q2 |
| NOTTINGHAM ADVISORS, INC. trimmed | 720,889 | $48M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 677,213 | $38M | 0.3% | 2026-Q2 |
| &PARTNERS added | 664,513 | $38M | 0.3% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 650,697 | $37M | 0.3% | 2026-Q2 |
| Horizon Advisory Services, Inc. added | 643,054 | $36M | 0.3% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 630,522 | $36M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 623,950 | $35M | 0.2% | 2026-Q2 |
| FUKOKU MUTUAL LIFE INSURANCE Co added | 617,000 | $35M | 0.2% | 2026-Q2 |
| STEPHENS INC /AR/ added | 614,920 | $35M | 0.2% | 2026-Q2 |
| Coastal Bridge Advisors, LLC added | 603,065 | $34M | 0.2% | 2026-Q2 |
| Hilton Capital Management, LLC added | 602,758 | $34M | 0.2% | 2026-Q2 |
| CORNERSTONE ENTERPRISES, LLC added | 567,410 | $32M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 561,809 | $32M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 553,071 | $31M | 0.2% | 2026-Q2 |
| Sterling Investment Counsel, LLC added | 551,241 | $31M | 0.2% | 2026-Q2 |
| Bouchey Financial Group, Ltd. added | 551,039 | $31M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 542,338 | $31M | 0.2% | 2026-Q2 |
| BOKF, NA added | 527,355 | $30M | 0.2% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC added | 524,142 | $30M | 0.2% | 2026-Q2 |
| Capital Investment Advisors, LLC trimmed | 518,469 | $29M | 0.2% | 2026-Q2 |
| DAVENPORT & Co LLC added | 516,205 | $29M | 0.2% | 2026-Q2 |
| Requisite Capital Management, LLC added | 509,299 | $29M | 0.2% | 2026-Q2 |
| Lido Advisors, LLC added | 503,990 | $28M | 0.2% | 2026-Q2 |
| RATIONAL ADVISORS, INC. trimmed | 499,379 | $28M | 0.2% | 2026-Q2 |
| Wagner Wealth Management, LLC added | 482,619 | $27M | 0.2% | 2026-Q2 |
| Curran Financial Partners, LLC added | 461,348 | $26M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 446,014 | $25M | 0.2% | 2026-Q2 |
| Midwest Trust Co trimmed | 444,524 | $25M | 0.2% | 2026-Q2 |
| ORRSTOWN FINANCIAL SERVICES INC added | 443,484 | $25M | 0.2% | 2026-Q2 |
| Aptus Capital Advisors, LLC trimmed | 440,188 | $25M | 0.2% | 2026-Q2 |
| Arax Advisory Partners added | 432,321 | $24M | 0.2% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 430,218 | $24M | 0.2% | 2026-Q2 |
| Pinnacle Wealth Management Advisory Group, LLC added | 428,862 | $24M | 0.2% | 2026-Q2 |
| Global Wealth Management Investment Advisory, Inc. added | 423,919 | $24M | 0.2% | 2026-Q2 |
| Prospera Financial Services Inc trimmed | 423,847 | $24M | 0.2% | 2026-Q2 |
| Avantax Planning Partners, Inc. added | 415,889 | $23M | 0.2% | 2026-Q2 |
| HBW ADVISORY SERVICES LLC trimmed | 414,559 | $23M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 406,844 | $23M | 0.2% | 2026-Q2 |
| Melia Wealth LLC added | 404,606 | $23M | 0.2% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. trimmed | 391,298 | $22M | 0.2% | 2026-Q2 |
| TigerOak Management, L.L.C. added | 386,664 | $22M | 0.2% | 2026-Q2 |
| Chicago Partners Investment Group LLC added | 382,036 | $22M | 0.2% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 378,385 | $21M | 0.2% | 2026-Q2 |
| Wealthfront Advisers LLC added | 375,490 | $21M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 371,380 | $21M | 0.1% | 2026-Q2 |
| PRINCIPAL SECURITIES, INC. trimmed | 370,279 | $21M | 0.1% | 2026-Q2 |
| Apella Capital, LLC trimmed | 366,544 | $21M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.