JPMorgan Chase Cuts Substantial Holding in Minerals 260 Ltd Amid Changes
JPMorgan Chase & Co., one of the largest financial institutions in the world, has ceased to be a substantial holder in Minerals 260 Ltd (ASX:MI6) as of September 25, 2026. This decision was announced through a Form 605 filing submitted to the Australian Securities Exchange on September 29, 2026.
According to the filing, JPMorgan Chase & Co. and its affiliates held a total of 133,841,670.94 ordinary securities in Minerals 260 Ltd at the start of the relevant period. However, this number has since decreased due to various transactions among JPMorgan entities.
The filing reveals that multiple JPMorgan affiliates were involved in the changes, including activities such as securities lending, collateral receipt, and proprietary trading. For example, JPMorgan Chase Bank, N.A. held 17,073,762 ordinary securities as agent lender, while J.P. Morgan Securities Australia Limited held 10,734,869 ordinary securities under securities lending obligations.
The appendix to the filing details transactions within the relevant period, including an equity adjustment of 223 ordinary securities by J.P. Morgan Securities PLC on September 21, 2026, and the purchase and sale of ordinary securities by various JPMorgan entities.