5 Financial Stocks to Buy Now According to Billionaire Cliff Asness

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

AQR Capital Management’s Stake Value: $212.3 million

Percentage of AQR Capital Management’s 13F Portfolio: 0.47%

Number of Hedge Fund Holders: 104

JPMorgan Chase & Co. (NYSE:JPM), headquartered in New York City, offers advanced financial solutions to individuals, startups, large enterprises, organizations, governments, and institutions all around the world.

For the past 10 years JPMorgan Chase & Co. (NYSE:JPM) has continuously increased its dividends. As of September 2022, the company has a quarterly dividend of $1.00 per share with a dividend yield of 3.44%.

In Q2 2022, AQR Capital Management owned over 1.9 million shares in JPMorgan Chase & Co. (NYSE:JPM), worth $121.3 million. The company accounted for 0.47% of the hedge fund’s 13F portfolio.

At the end of Q2 2022, 104 hedge funds tracked by Insider Monkey were bullish on JPMorgan Chase & Co. (NYSE:JPM). These stakes are collectively valued at around $5.8 billion. When looking at the institutional investors followed by Insider Monkey, Fisher Asset Management, managed by Ken Fisher, holds the biggest position in JPMorgan Chase & Co. (NYSE:JPM).