JPMorgan (HWM) discloses 20.78M shares; multiple JPMorgan entities listed
Rhea-AI Filing Summary
Howmet Aerospace Inc. amendment: JPMorgan Chase & affiliates report beneficial ownership of 20,775,218 shares of Common Stock, representing 5.1% of the class. The filing lists voting and dispositive powers by account and names multiple JPMorgan entities as holders. Signed by a JPMorgan officer.
Positive
- None.
Negative
- None.
Insights
JPMorgan discloses a 5.1% stake in Howmet across multiple entities.
The schedule amendment aggregates 20,775,218 shares and itemizes who holds voting and dispositive power, showing 17,813,564 sole voting and 20,584,836 sole dispositive. This clarifies the bank's consolidated exposure.
Investor impact depends on whether these holdings are managed for clients or principal accounts; cash-flow treatment and trading intent are not stated in the excerpt.
Amendment No. 2 updates beneficial ownership and subsidiary attributions.
The filing names multiple JPMorgan subsidiaries (e.g., J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC) under Item 7, aligning with parent/subsidiary reporting rules. The schedule follows Section 13G/A disclosure format.
Filing timing and classification indicate passive investor reporting; specifics about voting arrangements or plans are not included in this excerpt.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficial ownership financial
Dispositive power regulatory
Parent holding company regulatory
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