Will JPMorgan’s Earnings Impress These Top Institutional Shareholders?

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JPMorgan Chase (NYSE:JPM) reported its first quarter earnings, with a record net income of $6.5 billion or $1.59 per share. Mortgage originations were up 37 percent, credit card sales volume was up 9 percent, and consumer and community banking deposits were up 10 percent. Overall, the bank achieved $25.8 billion in revenue, $0.07 billion short of consensus estimates.

These institutional firms indicated owning shares of JPMorgan Chase & Co. in Q1 2013. They reported owning a total of 47.588 million shares on 03/31/2013. The shares closed at $47.17 on 03/31/2013.

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Here are the ten largest positions in JPMorgan Chase & Co. at the end of March 31st, 2013.

Fisher Asset Management LLC held 12,993,205 shares on 03/31/2013 worth $616,658,000. This brought the portfolio total to 1.64%.

Atalanta Sosnoff Capital LLC held 4,296,622 shares on 03/31/2013 worth $203,918,000. This brought the portfolio total to 4.78%.

Acadian Asset Management LLC held 4,032,580 shares on 03/31/2013 worth $191,386,243. This brought the portfolio total to 1.29%.

Cornerstone Investment Partners LLC held 3,450,388 shares on 03/31/2013 worth $163,755,000. This brought the portfolio total to 2.63%.

Schafer Cullen Capital Management Inc. held 2,454,742 shares on 03/31/2013 worth $116,502,000. This brought the portfolio total to 1.49%.

British Columbia Investment Management Corp. held 2,129,415 shares on 03/31/2013 worth $101,062,000. This brought the portfolio total to 1.16%.

Cullen Capital Management LLC held 1,593,030 shares on 03/31/2013 worth $75,605,000. This brought the portfolio total to 2.44%.

Huntington National Bank held 1,341,729 shares on 03/31/2013 worth $63,679,000. This brought the portfolio total to 1.49%.

Shell Asset Management Co. held 1,147,393 shares on 03/31/2013 worth $40,187,000. This brought the portfolio total to 0.03%.

Hexavest Inc. held 1,072,083 shares on 03/31/2013 worth $50,881,000. This brought the portfolio total to 0.92%.

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