J.P. Morgan Nasdaq Equity Premium Income

JEPQ • NASDAQ

J.P. Morgan Nasdaq Equity Premium Income is an exchange-traded fund on NASDAQ. As of Q3 2025, 821 institutional investors hold shares in this ETF, with total holdings valued at $9.8B. JPMORGAN CHASE & CO is the largest holder with a position valued at $1.6B.

Overview

Overview of institutional ownership in JEPQ as of Q3 2025

All Institutions

Institutions: 821
Value Held: $9.8B
Shares Held: 170.9M
Avg Position: $12.0M
Median Position: $907.8K

Hedge Funds

Hedge Funds: 17
Value Held: $21.3M
Shares Held: 370.3K
Avg Position: $1.3M
Median Position: $660.0K

Biggest Investors

Institutions with the largest positions in JEPQ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$1.6B 0.10% of portfolio	28.0M shares	Q2 2022 Held for 3y 5m	$1.56T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.2B 0.07% of portfolio	21.1M shares	Q3 2022 Held for 3y 2m	$1.65T
L LPL Financial LLC Institution	-	$822.2M 0.24% of portfolio	14.3M shares	Q3 2022 Held for 3y 2m	$340.07B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$678.1M 0.05% of portfolio	11.8M shares	Q3 2022 Held for 3y 2m	$1.33T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$449.3M 0.09% of portfolio	7.8M shares	Q4 2022 Held for 2y 11m	$488.50B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$255.4M 0.06% of portfolio	4.4M shares	Q4 2023 Held for 1y 11m	$433.11B
R ROYAL BANK OF CANADA Institution	-	$227.5M 0.04% of portfolio	4.0M shares	Q3 2022 Held for 3y 2m	$542.04B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$226.1M 0.07% of portfolio	3.9M shares	Q4 2024 Held for 11 months	$310.43B
A Advisor Group Holdings, Inc. Institution	-	$219.4M 0.31% of portfolio	3.9M shares	Q2 2022 Held for 3y 5m	$71.0B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$205.6M 0.06% of portfolio	3.6M shares	Q2 2022 Held for 3y 5m	$341.99B

Net Capital Flow

Institutional buying and selling activity for JEPQ in Q3 2025

Traded: +$340.7M
Buyers: 509
Sellers: 281
Total Bought: +$769.3M
Total Sold: −$428.6M
Avg Position: $11.3M

Biggest Buyers

Institution	Net Bought	Current Position
MORGAN STANLEY RIA/Wealth	+$70.6M +1.2M shares	$1.2B 21.1M shares
L LPL Financial LLC Institution	+$68.1M +1.2M shares	$822.2M 14.3M shares
R Rakuten Investment Management, Inc. Institution	+$58.2M +1.0M shares	$58.2M 1.0M shares
Cetera Investment Advisers RIA/Wealth	+$57.8M +1.0M shares	$155.0M 2.7M shares
AMERIPRISE FINANCIAL INC Institution	+$43.0M +748.2K shares	$255.4M 4.4M shares
BANK OF AMERICA CORP /DE/ Institution	+$37.5M +651.5K shares	$678.1M 11.8M shares
WNY Asset Management, LLC RIA/Wealth	+$33.3M +579.6K shares	$45.6M 792.1K shares
PSI Advisors, LLC RIA/Wealth	+$27.0M +468.6K shares	$27.0M 468.6K shares
J JONES FINANCIAL COMPANIES LLLP Institution	+$22.8M +398.7K shares	$74.6M 1.3M shares
A Advisor Group Holdings, Inc. Institution	+$17.3M +306.6K shares	$219.4M 3.9M shares

Biggest Sellers

Institution	Net Sold	Current Position
JPMORGAN CHASE & CO Institution	−$66.5M −1.2M shares	$1.6B 28.0M shares
Howard Capital Management Inc. Long Only Manager	−$24.9M −458.3K shares	Sold Off 0 shares
Q Quadrature Capital Ltd Institution	−$24.6M −452.1K shares	Sold Off 0 shares
Teamwork Financial Advisors, LLC RIA/Wealth	−$22.8M −396.5K shares	$3.1M 54.5K shares
UBS Group AG Institution	−$21.4M −372.8K shares	$195.2M 3.4M shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	−$21.0M −366.5K shares	$47.9M 834.9K shares
Lebenthal Global Advisors, LLC RIA/Wealth	−$19.5M −339.5K shares	$29.3M 509.9K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$16.4M −285.8K shares	$5.8M 101.6K shares
M Marshall Financial Group LLC Institution	−$15.7M −272.6K shares	$2.4M 41.6K shares
LEE JOHNSON CAPITAL MANAGEMENT, LLC RIA/Wealth	−$14.8M −257.3K shares	$8.3M 144.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited JEPQ in Q3 2025

New Positions: 70
New Value: $102.6M
Exited Positions: 50
Exited Value: $103.5M

New Positions

Institution	Position Value
R Rakuten Investment Management, Inc. Institution	$58.2M 1.0M shares
Summit Financial, LLC RIA/Wealth	$11.2M 194.6K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$7.5M 130.0K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$2.8M 48.4K shares
C CAPROCK Group, Inc. Fund of Funds	$1.9M 34.1K shares
Simplicity Wealth,LLC RIA/Wealth	$1.6M 27.1K shares
GOLDMAN SACHS GROUP INC Institution	$1.3M 22.6K shares
V Vise Technologies, Inc. Institution	$952.5K 16.6K shares
Soltis Investment Advisors LLC RIA/Wealth	$948.1K 16.5K shares
S STEINBERGANNA WEALTH MANAGEMENT RIA/Wealth	$921.0K 16.0K shares

Exited Positions

Institution	Previous Position
Howard Capital Management Inc. Long Only Manager	$24.9M 458.3K shares
Q Quadrature Capital Ltd Institution	$24.6M 452.1K shares
Marshall Wace LLP Institution	$14.8M 271.4K shares
StoneCrest Wealth Management, Inc. RIA/Wealth	$5.0M 91.6K shares
H HSBC HOLDINGS PLC Institution	$4.9M 90.9K shares
Signal Advisors Wealth, LLC RIA/Wealth	$4.9M 89.9K shares
Crescent Grove Advisors, LLC RIA/Wealth	$3.0M 55.1K shares
M Holdings Securities, Inc. RIA/Wealth	$2.8M 51.9K shares
ZEGA Investments, LLC RIA/Wealth	$2.4M 44.4K shares
Ballast, Inc. RIA/Wealth	$2.0M 36.0K shares

Options Activity

Institutions with the largest Call and Put options positions in JEPQ as of Q3 2025

Call Positions: 4
Call Value: $115.9M
Put Positions: 4
Put Value: $47.7M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$59.2M 10.3K contracts
J JANE STREET GROUP, LLC Institution	$32.4M 5.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$24.3M 4.2K contracts
B Belvedere Trading LLC Institution	- - contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$23.3M 4.1K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$16.5M 2.9K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.6M 1.3K contracts
B BENJAMIN EDWARDS INC Institution	$258.8K 45.0 contracts

Most Committed Institutions

Institutions with JEPQ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
James Reed Financial Services, Inc. RIA/Wealth	Amanda Elizabeth Lisachenko President	21.30% $23.8M	413.0K shares	Q4 2024 Held for 11 months	$111.5M
Wealth Advisors of Iowa, LLC RIA/Wealth	Kellie Marie Masters CCO	11.70% $34.4M	597.4K shares	Q2 2023 Held for 2y 5m	$293.7M
Sheets Smith Investment Management RIA/Wealth	Zolly Cornell Bowden President	7.75% $11.9M	207.7K shares	Q2 2025 Held for 5 months	$154.2M
Evergreen Wealth Solutions, LLC RIA/Wealth	Andrew C Harris Managing Partner	7.22% $12.8M	222.6K shares	Q2 2023 Held for 2y 5m	$177.4M
PSI Advisors, LLC RIA/Wealth	Gregory Cyril Staub CIO	7.01% $27.0M	468.6K shares	Q4 2023 Held for 1y 11m	$384.6M
Blue Rock Wealth Management LLC RIA/Wealth	Wesley Robert Reed CCO	6.86% $10.6M	185.0K shares	Q1 2025 Held for 8 months	$155.2M
ADG Wealth Management Group, LLC RIA/Wealth	Scott Richard Brown Managing Partner	6.65% $8.4M	145.4K shares	Q4 2024 Held for 11 months	$125.8M
Lighthouse Financial LLC RIA/Wealth	Kenneth Paul Brackett Managing Partner	6.26% $9.5M	164.9K shares	Q4 2024 Held for 11 months	$151.5M
21 West Wealth Management LLC RIA/Wealth	Michael Francis Silane Managing Partner	5.42% $5.7M	99.4K shares	Q2 2025 Held for 5 months	$105.4M
Lebenthal Global Advisors, LLC RIA/Wealth	Dominick Tavella President	5.14% $29.3M	509.9K shares	Q4 2023 Held for 1y 11m	$570.8M

Hedge Fund Spotlight

Discover hedge funds investing in JEPQ

CHESAPEAKE ASSET MANAGEMENT LLC

Hedge Fund • Long/Short

Portfolio ManagerGerasimos J Efthimiatos

Portfolio Value: $113.1M
Positions: 293
Last Reported: Q3 2025

Sector Allocation

Position in J.P. Morgan Nasdaq Equity Premium Income

Market Value: $5.1K
Shares Held: 88.0
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$11.8M	10.47%
2 Apple AAPL	Consumer Electronics Technology	$7.4M	6.54%
3 Eli Lilly LLY	Drug Manufacturers - General Healthcare	$6.8M	5.98%