综合金融平台Diversified financial platform · platform

JPMorgan

摩根大通

公开持仓Public holdings

13F-RS 研究可用度13F-RS research usability 53.9 覆盖coverage 70% · 置信confidence B

结论先行Answer first

前五大占17.0%，最值得继续核验的动作是增持MICRON TECHNOLOGY INCTop five represent 17.0%; increase in MICRON TECHNOLOGY INC is the clearest next diligence lead

最大可见普通证券持仓为NVIDIA CORPORATION（4.8%）；季度快照换手代理为9.7%，前十大延续率为100.0%。该机构归入“银行/综合平台”，13F只能解释公开的美国可报告证券多头。

The largest visible non-option holding is NVIDIA CORPORATION (4.8%). The quarterly snapshot turnover proxy is 9.7%, and top-ten persistence is 100.0%. The manager is classified as Diversified financial platform; 13F covers only visible reportable U.S. long securities.

下一步Next diligence

把增持MICRON TECHNOLOGY INC作为研究线索，结合公司基本面、估值、催化剂及13D/G核验；不要直接跟单。

Treat the increase in MICRON TECHNOLOGY INC as a research lead and verify fundamentals, valuation, catalysts and any 13D/G filings; do not copy mechanically.

可见总值Visible value$1.81tn前期 2026-03-31: $1.56tn（仅作规模对照）Prior 2026-03-31: $1.56tn (scale context only)

经济持仓数Economic positions7,720按 CUSIP / 证券类型规范化normalized by CUSIP / security type

前五集中度Top-five concentration17.0%集中度不是能力评分concentration is not skill

季度换手代理Quarterly turnover proxy9.7%股数与同价漂移估算share / same-price-drift estimate

前十大延续Top-ten persistence100.0%与前季比较versus prior quarter

最新申报日Latest filing date2026-08-12报告期report date 2026-06-30

CIK · accession · accepted date

本季申报链Current filing chain

先展示 13F-NT 关系通知，再展示解析到的 13F-HR / HR-A。价值单位说明保留检测结果和归一化倍数。

Relationship notices appear before resolved 13F-HR / HR-A filings. Unit notes preserve the detection result and normalization multiplier.

法律申报人Legal filer	CIK	Form	Accession	申报日Filed	解析 / 单位说明Resolution / unit note
JPMORGAN CHASE & CO	CIK 0000019617	13F-HR	0000019617-26-000325	2026-08-12	usd_consistent_with_implied_prices

2026-03-31 → 2026-06-30

持仓与季度变化Holdings and quarterly change

前十大可见普通证券Top visible non-option holdings 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
NVIDIA CORPORATIONCOMMON · CUSIP 67066G104	—	$87.62bn	4.85%	449,404,578	0.4%
APPLE INCCOMMON · CUSIP 037833100	—	$64.45bn	3.57%	228,762,008	-1.2%
MICROSOFT CORPCOMMON · CUSIP 594918104	—	$49.82bn	2.76%	135,173,516	6.3%
ALPHABET INCCOMMON · CUSIP 02079K107	—	$48.42bn	2.68%	137,833,254	15.0%
AMAZON COM INCCOMMON · CUSIP 023135106	—	$40.34bn	2.23%	167,979,147	-0.6%
BROADCOM INCCOMMON · CUSIP 11135F101	—	$35.39bn	1.96%	95,016,148	3.5%
STATE STREET SPDR S&P 500 ETFFUND · CUSIP 78462F103	—	$35.31bn	1.95%	47,650,227	4.1%
ALPHABET INCCOMMON · CUSIP 02079K305	—	$32.51bn	1.80%	91,919,476	29.6%
MICRON TECHNOLOGY INCCOMMON · CUSIP 595112103	—	$29.59bn	1.64%	25,836,011	63.8%
META PLATFORMS INCCOMMON · CUSIP 30303M102	—	$25.85bn	1.43%	45,944,387	-8.4%

新建仓位New positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
SPACE EXPLORATION TECHN CORPCOMMON · CUSIP 84615Q103	—	$2.56bn	0.14%	15,563,576	—
HONEYWELL AEROSPACE INCCOMMON · CUSIP 43849R105	—	$854.6m	0.05%	3,881,348	—
HONEYWELL INTL INCCOMMON · CUSIP 438516205	—	$745.1m	0.04%	3,270,903	—
CARNIVAL CORP LTDCOMMON · CUSIP G2004J103	—	$715.4m	0.04%	24,508,386	—
CEREBRAS SYSTEMS INCCOMMON · CUSIP 15675D103	—	$670.3m	0.04%	3,100,806	—
INNIO NVCOMMON · CUSIP N52A8C105	—	$473.4m	0.03%	12,353,527	—
ROUNDHILL MEMORY ETFFUND · CUSIP 77926X320	—	$393.8m	0.02%	5,473,904	—
ISHRS SYS ALT ACT ETFFUND · CUSIP 09290C665	—	$300.1m	0.02%	10,676,181	—
FERVO ENERGY COCOMMON · CUSIP 31556C106	—	$240.4m	0.01%	7,566,646	—
DUPONT DE NEMOURS INCCOMMON · CUSIP 26614N201	—	$205.8m	0.01%	1,516,414	—

增持仓位Added positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
MICRON TECHNOLOGY INCCOMMON · CUSIP 595112103	—	$29.59bn	1.64%	25,836,011	63.8%
ADVANCED MICRO DEVICES INCCOMMON · CUSIP 007903107	—	$21.75bn	1.20%	40,309,233	66.2%
LAM RESEARCH CORPCOMMON · CUSIP 512807306	—	$18.62bn	1.03%	45,317,479	38.5%
ALPHABET INCCOMMON · CUSIP 02079K107	—	$48.42bn	2.68%	137,833,254	15.0%
ALPHABET INCCOMMON · CUSIP 02079K305	—	$32.51bn	1.80%	91,919,476	29.6%
APPLIED MATLS INCCOMMON · CUSIP 038222105	—	$9.65bn	0.53%	13,886,053	182.0%
CORNING INCCOMMON · CUSIP 219350105	—	$9.21bn	0.51%	36,016,393	203.4%
SANDISK CORPCOMMON · CUSIP 80004C200	—	$8.08bn	0.45%	3,941,436	175.8%
CATERPILLAR INCCOMMON · CUSIP 149123101	—	$7.57bn	0.42%	7,325,731	149.1%
INTEL CORPCOMMON · CUSIP 458140100	—	$6.64bn	0.37%	50,425,548	54.0%

减持仓位Reduced positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
EXXON MOBIL CORPCOMMON · CUSIP 30231G102	—	$8.77bn	0.48%	64,457,292	-24.7%
WALMART INCCOMMON · CUSIP 931142103	—	$11.04bn	0.61%	96,309,921	-21.4%
WESTERN DIGITAL CORPCOMMON · CUSIP 958102105	—	$11.09bn	0.61%	17,007,789	-2.9%
META PLATFORMS INCCOMMON · CUSIP 30303M102	—	$25.85bn	1.43%	45,944,387	-8.4%
INTUITCOMMON · CUSIP 461202103	—	$1.28bn	0.07%	4,808,487	-63.3%
MCDONALDS CORPCOMMON · CUSIP 580135101	—	$8.53bn	0.47%	31,923,726	-15.2%
MASTERCARD INCORPORATEDCOMMON · CUSIP 57636Q104	—	$14.39bn	0.80%	28,228,027	-13.6%
SCHWAB CHARLES CORPCOMMON · CUSIP 808513105	—	$4.45bn	0.25%	49,165,186	-33.4%
NETFLIX INC.COMMON · CUSIP 64110L106	—	$3.27bn	0.18%	44,322,490	-29.6%
INSMED INCCOMMON · CUSIP 457669307	—	$1.09bn	0.06%	10,428,170	-56.8%

退出仓位Exited positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
HONEYWELL INTL INCCOMMON · CUSIP 438516106	—	$1.62bn	0.10%	7,239,680	-100.0%
CARNIVAL CORPCOMMON · CUSIP 143658300	—	$474.7m	0.03%	19,811,869	-100.0%
COTERRA ENERGY INCCOMMON · CUSIP 127097103	—	$462.0m	0.03%	12,865,905	-100.0%
HOLOGIC INCCOMMON · CUSIP 436440101	—	$249.4m	0.02%	3,301,493	-100.0%
DUPONT DE NEMOURS INCCOMMON · CUSIP 26614N102	—	$188.6m	0.01%	4,265,449	-100.0%
TERNS PHARMACEUTICALS INCCOMMON · CUSIP 880881107	—	$151.8m	0.01%	2,869,728	-100.0%
THOMSON REUTERS CORPCOMMON · CUSIP 884903808	—	$120.3m	0.01%	1,321,128	-100.0%
ASCENDIS PHARMA A/SADR · CUSIP 04351P101	—	$117.8m	0.01%	539,434	-100.0%
SEALED AIR CORP NEWCOMMON · CUSIP 81211K100	—	$110.9m	0.01%	2,644,269	-100.0%
CLEARWATER ANALYTICS HLDGS ICOMMON · CUSIP 185123106	—	$104.6m	0.01%	4,443,464	-100.0%

期权切片Options slice 10

Put/Call 股数是标的股数；13F 没有执行价、到期日、权利金或净方向。Put/call shares are underlying shares; 13F omits strike, expiry, premium and net direction.

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
INVESCO QQQ TROPTION · CUSIP 46090E953	PUT	$9.17bn	0.51%	12,657,600	137.9%
STATE STR SPDR S&P 500 ETF TOPTION · CUSIP 78462F953	PUT	$7.75bn	0.43%	10,452,800	-44.6%
ISHARES TROPTION · CUSIP 464287955	PUT	$5.39bn	0.30%	20,172,700	6.6%
SPDR GOLD TROPTION · CUSIP 78463V957	PUT	$4.37bn	0.24%	11,859,200	-4.5%
NVIDIA CORPORATIONOPTION · CUSIP 67066G904	CALL	$3.48bn	0.19%	17,836,900	-4.8%
INVESCO QQQ TROPTION · CUSIP 46090E903	CALL	$2.75bn	0.15%	3,801,300	26.2%
APPLE INCOPTION · CUSIP 037833950	PUT	$2.17bn	0.12%	7,717,200	118.5%
AMAZON COM INCOPTION · CUSIP 023135906	CALL	$1.80bn	0.10%	7,481,100	-13.0%
APPLE INCOPTION · CUSIP 037833900	CALL	$1.79bn	0.10%	6,350,800	-40.2%
ISHARES INCOPTION · CUSIP 464286952	PUT	$1.67bn	0.09%	8,462,800	5,716.4%

13F-RS-v1.0

评分拆解Score breakdown

完整方法Full methodology

维度Dimension	得分Score	比例Ratio
申报完整性Filing integrity	15.0 / 15	100%
实体映射Entity mapping	10.0 / 10	100%
策略适配度Strategy fit	4.5 / 15	30%
集中度信息密度Concentration signal	4.2 / 10	42%
高确信度可识别性Conviction identifiability	2.0 / 15	13%
延续性 / 换手Persistence / turnover	9.4 / 10	94%
申报时滞Filing lag	0.6 / 10	6%
不可见风险Opacity risk	8.2 / 10	82%
独立共识Independent consensus	0.0 / 5	0%

策略分类：综合金融平台。分数衡量公开13F的研究可用度，不评价未来收益。Strategy classification: Diversified financial platform. The score measures public-13F research usability, not future returns.

H（高确信度可识别性）当前以单仓≥2%为有限代理，尚未接入风格基准主动权重，因此该分项覆盖度只有50%。H (conviction identifiability) currently uses positions ≥2% as a limited proxy; style-benchmark active weights are not yet available, so this component has only 50% coverage.