15 Dow Stocks Listed and Ranked By 2022 Hedge Fund Bullishness Index

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6. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 110

JPMorgan Chase & Co. (NYSE:JPM) ranks as the largest bank in the United States with a $330 billion market cap. It was founded in 1799 and pays out a dividend that yields 3.55% as of July 1.

Smart money investors were seen loading up on JPMorgan Chase & Co. (NYSE:JPM) stock in Q1. At the end of the first quarter, a total of 110 hedge funds owned positions in JPM with a combined value of $5.05 billion. In contrast, 107 hedge funds owned $6.58 billion worth of positions in the banking firm a quarter earlier. Ken Fisher’s Fisher Asset Management was the largest shareholder of JPMorgan Chase & Co. (NYSE:JPM) in the first quarter, with 7.76 million shares worth $1.05 billion.

Investment firm ClearBridge Investments mentioned JPMorgan Chase & Co. (NYSE:JPM) in its Q4 2021 investor letter. Here’s what it said:

“Our energy and financials holdings kept pace in the 2021 rally.  In financials, JPMorgan benefited from strong economic growth, a rise in Treasury yields, and a benign credit environment.”

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