JPMorgan Chase & Co. (CBRS) updates 3.3% Cerebras Systems ownership in new filing
Rhea-AI Filing Summary
JPMorgan Chase & Co. reports beneficial ownership of 3,100,807 shares of Cerebras Systems Inc. Class A common stock, representing 3.3% of the class. Of these, it has sole voting power over 3,005,643 shares and shared voting power over 6,214 shares.
JPMorgan Chase & Co. also has sole dispositive power over 3,094,295 shares and shared dispositive power over 6,512 shares. The filing characterizes this as ownership of 5 percent or less of Cerebras Systems’ Class A common stock and identifies multiple affiliated subsidiaries, including J.P. Morgan Securities LLC and JPMorgan Chase Bank, National Association, as entities through which the holdings are maintained.
Positive
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Negative
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Key Figures
Beneficially owned shares: 3,100,807 shares
Percent of class owned: 3.3%
Sole voting power: 3,005,643 shares
+3 more
6 metrics
Beneficially owned shares
3,100,807 shares
Cerebras Systems Inc. Class A common stock beneficially owned by JPMorgan Chase & Co.
Percent of class owned
3.3%
Percentage of Cerebras Systems Class A common stock held by JPMorgan Chase & Co.
Sole voting power
3,005,643 shares
Shares for which JPMorgan Chase & Co. has sole power to vote or direct the vote
Shared voting power
6,214 shares
Shares for which JPMorgan Chase & Co. has shared power to vote or direct the vote
Sole dispositive power
3,094,295 shares
Shares for which JPMorgan Chase & Co. has sole power to dispose or direct disposition
Shared dispositive power
6,512 shares
Shares for which JPMorgan Chase & Co. has shared power to dispose or direct disposition
Key Terms
beneficially owned, sole voting power, dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Ownership (a) | Amount beneficially owned: 3100807"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 3,005,643.00 6 | Shared Voting Power 6,214.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 3,094,295.00 8 | Shared Dispositive Power 6,512.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G), so indicate"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Cerebras Systems (CBRS) Class A stock does JPMorgan hold?
JPMorgan Chase & Co. reports owning 3.3% of Cerebras Systems’ Class A common stock. The filing also notes this position constitutes 5 percent or less of the class under the ownership disclosure requirements.
Does JPMorgan’s Cerebras Systems (CBRS) position exceed 5% of the class?
No. Although JPMorgan Chase & Co. reports holding 3.3% of the Class A common stock, the Schedule 13G/A explicitly characterizes this as ownership of 5 percent or less of Cerebras Systems’ outstanding Class A shares.