Style
GrowthTurnover
Orientation
Diversified activeJPMorgan Chase employs an active, large-cap growth-biased investment style, with its top 15 holdings representing 28.2% of the portfolio and heavily concentrated in technology names such as NVIDIA, Apple, and Microsoft, which collectively account for 11.3%. The portfolio is diversified across 30,000+ positions but shows a pronounced tilt toward mega-cap tech, with Technology and Communication Services totaling 30.2% of sector exposure, while Utilities and Energy remain underweight at 5.7% combined. The significant allocation to S&P 500 ETFs like SPY, VOO, and IVV (3.9% combined) alongside individual mega-cap stocks reveals a core-satellite strategy—anchoring broad market exposure while expressing high-conviction bets on secular growth leaders like NVIDIA at 4.7%. This positioning underscores a philosophy of capturing systemic market returns through passive vehicles while actively overweighting the technology-driven innovation theme, reflecting long-term conviction in digital transformation and AI.
| # | Security | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | Nvidia Corporation(NVDA) | 449,404,578 | $87.6B | 4.85% |
| 2 | Apple Inc(AAPL) | 228,762,008 | $64.5B | 3.57% |
| 3 | Microsoft Corp(MSFT) | 135,173,516 | $49.8B | 2.76% |
| 4 | Alphabet Inc(GOOG) | 137,833,254 | $48.4B | 2.68% |
Latest filing, equity positions only
| 5 |
| Amazon COM Inc(AMZN) |
| 167,979,147 |
| $40.3B |
| 2.23% |
| 6 | Broadcom Inc(AVGO) | 95,016,148 | $35.4B | 1.96% |
| 7 | State Street Spdr S&P 500 ETF(SPY) | 47,650,227 | $35.3B | 1.95% |
| 8 | Alphabet Inc(GOOGL) | 91,919,476 | $32.5B | 1.80% |
| 9 | Micron Technology Inc(MU) | 25,836,011 | $29.6B | 1.64% |
| 10 | Meta Platforms Inc(META) | 45,944,387 | $25.8B | 1.43% |
Quarter-over-quarter weight changes
| Sector | Prev % | Curr % | Change |
|---|---|---|---|
| Technology | 22.88% | 29.05% | +6.17% |
| Healthcare | 8.76% | 7.47% | -1.29% |
| Consumer Cyclical | 8.45% | 7.28% | -1.17% |
| Energy | 3.49% | 2.39% | -1.1% |
| Consumer Defensive | 4% | 3.11% | -0.89% |
| Unclassified | 24.44% | 23.55% | -0.89% |
| Financial Services | 8.82% | 8.05% | -0.77% |
| Utilities | 2.21% | 1.78% | -0.43% |
| Industrials | 6.27% | 6.7% | +0.43% |
| Communication Services | 7.48% | 7.81% | +0.33% |
| Real Estate | 1.91% | 1.6% | -0.31% |
| Basic Materials | 1.3% | 1.22% | -0.08% |
Quarter-over-quarter weight changes by market cap
| Cap Size | Prev % | Curr % | Change |
|---|---|---|---|
| Mega Cap | 40.85% | 43.21% | +2.36% |
| Large Cap | 32.05% | 30.49% | -1.56% |
| Unclassified | 24.44% | 23.55% | -0.89% |
| Mid Cap | 2.34% | 2.37% | +0.03% |
| Small Cap | 0.31% | 0.37% | +0.06% |
| Micro Cap | 0.01% | 0.01% | 0% |
Quarter-over-quarter position changes