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
None.
Negative
None.
Key Figures
Beneficially owned shares:3,100,807 sharesPercent of class owned:3.3%Sole voting power:3,005,643 shares+3 more
6 metrics
Beneficially owned shares3,100,807 sharesCerebras Systems Inc. Class A common stock beneficially owned by JPMorgan Chase & Co.
Percent of class owned3.3%Percentage of Cerebras Systems Class A common stock held by JPMorgan Chase & Co.
Sole voting power3,005,643 sharesShares for which JPMorgan Chase & Co. has sole power to vote or direct the vote
Shared voting power6,214 sharesShares for which JPMorgan Chase & Co. has shared power to vote or direct the vote
Sole dispositive power3,094,295 sharesShares for which JPMorgan Chase & Co. has sole power to dispose or direct disposition
Shared dispositive power6,512 sharesShares 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
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 powerfinancial
"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 powerfinancial
"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 companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13Gregulatory
"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.
FAQ
How many Cerebras Systems (CBRS) shares does JPMorgan Chase & Co. report owning?
JPMorgan Chase & Co. reports beneficial ownership of 3,100,807 shares of Cerebras Systems Inc. Class A common stock, according to the Schedule 13G/A Amendment No. 1 filing, representing a disclosed minority stake in the company.
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.
How is JPMorgan’s voting power in Cerebras Systems (CBRS) shares structured?
JPMorgan Chase & Co. has sole voting power over 3,005,643 shares and shared voting power over 6,214 shares of Cerebras Systems Class A stock, reflecting both directly and jointly controlled positions through affiliated entities.
What dispositive power does JPMorgan report over Cerebras Systems (CBRS) shares?
JPMorgan Chase & Co. reports sole dispositive power over 3,094,295 shares and shared dispositive power over 6,512 shares of Cerebras Systems Class A common stock, indicating how many shares it can direct the sale or transfer of.
Which JPMorgan subsidiaries hold Cerebras Systems (CBRS) shares?
The filing lists several affiliates, including J.P. Morgan Securities LLC, JPMorgan Chase Bank, National Association, J.P. Morgan Trust Company of Delaware, and various JPMorgan Asset Management entities, as subsidiaries through which the Cerebras stake is held.
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.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Cerebras Systems Inc.
(Name of Issuer)
Class A common stock, $0.00001 par value per share
(Title of Class of Securities)
15675D103
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
15675D103
1
Names of Reporting Persons
JPMORGAN CHASE & CO.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
3,005,643.00
6
Shared Voting Power
6,214.00
7
Sole Dispositive Power
3,094,295.00
8
Shared Dispositive Power
6,512.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,100,807.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.3 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Cerebras Systems Inc.
(b)
Address of issuer's principal executive offices:
1237 E. Arques Avenue Sunnyvale CA 94085
Item 2.
(a)
Name of person filing:
JPMORGAN CHASE & CO.
(b)
Address or principal business office or, if none, residence:
270 Park Avenue,,New York, NY 10017
(c)
Citizenship:
DE
(d)
Title of class of securities:
Class A common stock, $0.00001 par value per share
(e)
CUSIP No.:
15675D103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3100807
(b)
Percent of class:
3.3 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
3005643
(ii) Shared power to vote or to direct the vote:
6214
(iii) Sole power to dispose or to direct the disposition of:
3094295
(iv) Shared power to dispose or to direct the disposition of:
6512
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
J.P. Morgan Trust Company of Delaware;
J.P. Morgan Securities LLC;
JPMorgan Chase Bank, National Association;
JPMorgan Asset Management (UK) Limited;
J.P. MORGAN SE;
J.P. Morgan (Suisse) SA;
J.P. Morgan Investment Management Inc.;
JPMorgan Asset Management (Taiwan) Limited;
JPMorgan Asset Management (China) Company Limited;
J.P. Morgan Wealth Management Solutions Inc.;
55I, LLC
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.