Canada Pension Plan Investment Board raises stake in JPMorgan by 22.9%
CPP Investments increased its Q2 stake in JPMorgan by roughly 23%, now holding just over 8.0 million shares valued at about $2.63 billion per its SEC disclosure.
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Acquired an additional 1,496,676 JPM shares during Q2
Total holding after the purchase: 8,020,990 shares
Position value reported as $2,625,511,000 in the filing
JPMorgan Chase & Co. constitutes about 1.5% of CPP Investments’ portfolio
Ranked as the fund’s 12th biggest holding in the disclosure
Institutional ownership of JPM noted at 71.55% by MarketBeat