JPMorgan Exits Substantial Shareholding in Zip Co Ltd
JPMorgan Chase & Co., a major global financial institution, has exited its substantial shareholding in Zip Co Ltd. The move was announced after a series of transactions involving securities lending, investment management activities, and proprietary trading.
The notice indicates that as of September 22, 2026, JPMorgan's aggregate relevant interest in Zip's ordinary shares fell below the substantial holding threshold.
This change reflects adjustments across various JPMorgan entities, including securities on loan, securities lending obligations, rehypothecation of client securities, and principal trading in Australia and the U.K.
The reduction in institutional ownership may alter Zip's share register dynamics and impact market liquidity and investor perception.