#3 JPMorgan Chase & Co.
Number of Hedge Fund Investors: 133
ChatGPT bought JPMorgan at $298.10, and the stock is up 12.5% since then, Rallies data as of Oct. 14 shows. It makes up 5.9% of the portfolio. 133 hedge funds held the bank at the end of the second quarter, up from 131 in the first quarter. Giverny Capital Asset Management looked at why the stock lagged the market even as earnings grew. Read the Giverny letter here.
