FERGUSON WELLMAN CAPITAL MANAGEMENT, INC Reduces Holdings in JPMorgan Chase & Co. (JPM)
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC, a registered investment adviser, reduced its position in JPMorgan Chase & Co. (NYSE:JPM) during Q3 2026, according to its most recent 13F…
JPMorgan Chase & Co. (NYSE:JPM) · position decrease
Institution
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC
Institution type
investment_adviser
Reporting period
Q3 2026
Shares
609,443
Position value
$201.6M
Position change
-16.31%
At a glance
Key takeaways
01Ferguson Wellman Capital Management reduced its JPMorgan Chase stake by 16.3%, selling 118,758 shares in Q3 2026, leaving holdings valued at approximately $201.6 million.
02JPMorgan Chase stock trades at $331.33 with an $863.9 billion market capitalization as of the filing date.
03Institutional position reductions may reflect portfolio rebalancing, client redemptions, or gains-locking rather than necessarily signaling a bearish outlook on the bank.
0413F filings report holdings from the end of the quarter and are filed up to 45 days later, so actual positions may have changed since disclosure.
Filing Details
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC, a registered investment adviser, reduced its position in JPMorgan Chase & Co. (NYSE:JPM) during Q3 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 118,758 shares of the Financial Services company, reducing its total holdings to 609,443 shares valued at approximately $201.6M as of the filing date. This represents a 16.3% decrease in the position.
Market Context
JPMorgan Chase & Co.'s stock currently trades at $331.33 with a market capitalization of $863.9B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like FERGUSON WELLMAN CAPITAL MANAGEMENT, INC reduces exposure to JPMorgan Chase & Co., it's worth monitoring whether other institutions are making similar moves.
Financial sector holdings are closely tied to interest rate expectations and economic outlook. Institutional moves in JPMorgan Chase & Co. may reflect broader views on credit conditions and banking sector profitability.
The size of this position — $201.6 million — places it among the more significant institutional holdings in JPMorgan Chase & Co. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like FERGUSON WELLMAN CAPITAL MANAGEMENT, INC position their portfolios.