JPMorgan Boosts Stake in Data Centre Provider NEXTDC
JPMorgan Chase & Co., a leading global financial institution, has significantly increased its stake in NEXTDC Limited (ASX:NXT), a data centre provider. The company's collective voting power now stands at 7.82%, representing approximately 59,478,256 ordinary shares.
The substantial holder interest update reveals that JPMorgan Chase & Co. and its affiliates have increased their holdings from 6.80% to 7.82% since the last notice on September 9, 2026. This change is attributed to various entities involved in securities lending agreements, prime brokerage arrangements, and proprietary trading activities.
The update highlights multiple changes in relevant interests among JPMorgan affiliates. For instance, JPMorgan Chase Bank N.A. reported an increase of 3,296,285 ordinary shares via securities on loan as agent lender, while J.P. Morgan Securities PLC added 2,000,000 shares held under a securities lending agreement.