Tudor Investment Corp., the firm founded by legendary macro investor Paul Tudor Jones, drastically reduced its position in JPMorgan Chase by nearly 93% during the second quarter of 2026. The fund sold off approximately 452,000 shares, cutting the value of its holding in the banking giant from over $143 million down to less than $12 million.
This trade information was disclosed in an SEC 13F filing on August 14, which details positions held as of June 30, 2026. The sale is notable as it occurred during a quarter where JPMorgan reported a significant earnings beat, driven by a surge in trading revenue. During the same period, Jones had publicly warned of a potential market crash due to high valuations.