JPMorgan Sees Boost from Davis Asset Management Stake Increase
JPMorgan Chase & Co., one of the largest financial services providers in the US, saw its stock holdings boosted by Davis Asset Management L.P. in the second quarter.
Davis Asset Management L.P. acquired an additional 25,110 shares of JPMorgan Chase & Co.'s stock during the quarter, increasing their total holdings to 493,896 shares.
This represents a 5.4% increase in the fund's stake in JPMorgan Chase & Co., making it the company's 9th largest position.