Quick Answer: Does Warren Buffett Own JP Morgan?

Who owns the most shares of JP Morgan?

Top 10 Owners of JPMorgan Chase & CoStockholderStakeShares ownedThe Vanguard Group, Inc.7.51%228,921,793SSgA Funds Management, Inc.4.43%135,133,642BlackRock Fund Advisors4.26%129,977,800Capital Research & Management Co….2.45%74,769,0706 more rows.

Which banks does Warren Buffett Own?

Banks are a big part of Berkshire Hathaway’s portfolio, which is worth more than $248 billion. Goldman Sachs, JPMorgan Chase, Bank of America, BNY Mellon, and U.S. Bancorp were all among Berkshire’s 15 largest stock holdings.

Why did Buffett sell JPM?

(JPMorgan now trades at 1.8 times tangible book value.) Buffett has held the stock personally for many years. … Berkshire’s sale of the JPMorgan stake could reflect a distaste for Wall Street, with the company selling its interest in Goldman Sachs Group (GS) earlier this year.

What companies does JP Morgan own?

We trace our roots to 1799 in New York City, and our many well-known heritage firms include J.P. Morgan & Co., The Chase Manhattan Bank, Bank One, Manufacturers Hanover Trust Co., Chemical Bank, The First National Bank of Chicago, National Bank of Detroit, The Bear Stearns Companies Inc., Robert Fleming Holdings, …

Is the JP Morgan family still wealthy?

Wealth. By one estimate, J. P. Morgan (1837–1913) is believed to have been the 24th richest American in history, inflation adjusted. His fortune is believed to have grown to about $38 billion (2007 USD).

Who owns JP Morgan now?

Bond giant BlackRock (NYSE:BLK) tops the list at 6.3% ownership, followed by The Vanguard Group, the asset management arm of State Street (NYSE:STT), Fidelity Investments, and Capital Research & Management. The largest buyers have been Spectrum Asset Management and T.