Jeremy Grantham's JPM Position Overview
Jeremy Grantham (via Grantham, Mayo, Van Otterloo & Co. LLC) currently holds 137,687 shares of JPMorgan Chase & Co. (JPM) worth $43.43 M, representing 0.12% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 50 quarters.
Based on 13F filings since 2013, Jeremy Grantham has maintained a long-term strategic position in JPM, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2014, adding 4.91 M shares. Largest reduction occurred in Q3 2014, reducing 5.99 M shares.
Analysis based on 13F filings available since 2013 Q2
Jeremy Grantham's JPMorgan Chase & Co (JPM) Holding Value Over Time
Track share changes against reported price movement
Quarterly JPMorgan Chase & Co (JPM) Trades by Jeremy Grantham
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +2.9 M | Add 0.00% | 2.9 M | $52.79 |
| Q3 2013 | -283,936 | Reduce 9.80% | 2.61 M | $51.69 |
| Q4 2013 | +675,181 | Add 25.83% | 3.29 M | $58.48 |
| Q1 2014 | +4.91 M | Add 149.29% | 8.2 M | $60.71 |
| Q2 2014 | +3.5 M | Add 42.68% | 11.7 M | $57.62 |
| Q3 2014 | -5.99 M | Reduce 51.18% | 5.71 M | $60.24 |
| Q4 2014 | +121,143 | Add 2.12% | 5.83 M | $62.58 |
| Q1 2015 | -2.28 M | Reduce 39.15% | 3.55 M | $60.58 |
| Q2 2015 | -472,151 | Reduce 13.30% | 3.08 M | $67.76 |
| Q3 2015 | -799,089 | Reduce 25.97% | 2.28 M | $60.97 |
| Q4 2015 | +890,887 | Add 39.12% | 3.17 M | $66.03 |
| Q1 2016 | +230,000 | Add 7.26% | 3.4 M | $59.22 |
| Q2 2016 | -189,563 | Reduce 5.58% | 3.21 M | $62.14 |
| Q3 2016 | -1.58 M | Reduce 49.32% | 1.63 M | $66.59 |
| Q4 2016 | -411,367 | Reduce 25.30% | 1.21 M | $86.29 |
| Q1 2017 | -327,466 | Reduce 26.96% | 887,299 | $87.84 |
| Q2 2017 | -29,838 | Reduce 3.36% | 857,461 | $91.40 |
| Q3 2017 | -194,101 | Reduce 22.64% | 663,360 | $95.51 |
| Q4 2017 | -328,100 | Reduce 49.46% | 335,260 | $106.94 |
| Q1 2018 | -73,600 | Reduce 21.95% | 261,660 | $109.97 |
| Q2 2018 | -117,170 | Reduce 44.78% | 144,490 | $104.20 |
| Q3 2018 | -56,797 | Reduce 39.31% | 87,693 | $112.84 |
| Q4 2018 | -87,693 | Sold Out | 87,693 | $0.00 |
| Q1 2020 | +22,819 | New Buy | 22,819 | $90.01 |
| Q2 2020 | +24,974 | Add 109.44% | 47,793 | $94.05 |
| Q3 2020 | +10,702 | Add 22.39% | 58,495 | $96.26 |
| Q4 2020 | -1,103 | Reduce 1.89% | 57,392 | $127.07 |
| Q1 2021 | -32,118 | Reduce 55.96% | 25,274 | $152.21 |
| Q2 2021 | -12,639 | Reduce 50.01% | 12,635 | $155.52 |
| Q3 2021 | -221 | Reduce 1.75% | 12,414 | $163.69 |
| Q4 2021 | +1,100 | Add 8.86% | 13,514 | $158.35 |
| Q1 2022 | -6,361 | Reduce 47.07% | 7,153 | $136.31 |
| Q2 2022 | +54,800 | Add 766.11% | 61,953 | $112.62 |
| Q3 2022 | +5,800 | Add 9.36% | 67,753 | $104.50 |
| Q4 2022 | +244,190 | Add 360.41% | 311,943 | $134.10 |
| Q1 2023 | +91,900 | Add 29.46% | 403,843 | $130.31 |
| Q2 2023 | +122,647 | Add 30.37% | 526,490 | $145.44 |
| Q3 2023 | +16,370 | Add 3.11% | 542,860 | $145.02 |
| Q4 2023 | -50,724 | Reduce 9.34% | 492,136 | $170.10 |
| Q1 2024 | -96,837 | Reduce 19.68% | 395,299 | $200.30 |
| Q2 2024 | -13,072 | Reduce 3.31% | 382,227 | $202.26 |
| Q3 2024 | -39,749 | Reduce 10.40% | 342,478 | $210.86 |
| Q4 2024 | -132,169 | Reduce 38.59% | 210,309 | $239.71 |
| Q1 2025 | +29,350 | Add 13.96% | 239,659 | $245.30 |
| Q2 2025 | -40,731 | Reduce 17.00% | 198,928 | $289.91 |
| Q3 2025 | -61,241 | Reduce 30.79% | 137,687 | $315.43 |
Jeremy Grantham's JPMorgan Chase & Co Investment FAQs
Jeremy Grantham first purchased JPMorgan Chase & Co. (JPM) in Q2 2013, acquiring 2,897,396 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham has held JPMorgan Chase & Co. (JPM) for 50 quarters since Q2 2013. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's largest addition to JPMorgan Chase & Co. (JPM) was in Q1 2014, adding 8,198,402 shares worth $497.72 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Jeremy Grantham's firm, Grantham, Mayo, Van Otterloo & Co. LLC, owns 137,687 shares of JPMorgan Chase & Co. (JPM), valued at approximately $43.43 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, JPMorgan Chase & Co. (JPM) represents approximately 0.12% of Jeremy Grantham's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Jeremy Grantham's peak holding in JPMorgan Chase & Co. (JPM) was 11,697,597 shares, as reported at the end of Q2 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.