J.P. Morgan reports 4.6% stake in Utz Brands (NYSE: UTZ)

Rhea-AI Filing Summary

Utz Brands, Inc. reported an amended Schedule 13G showing that JPMorgan Chase & beneficially owned 4,098,626 shares of Class A Common Stock, representing 4.6% of the class as of 03/31/2026. The filing lists 3,923,241 shares subject to sole voting power and 4,087,321 shares subject to sole dispositive power.

The filing identifies J.P. Morgan Trust Company of Delaware, JPMorgan Chase Bank, N.A., and J.P. Morgan Investment Management Inc. as related entities. The schedule is captioned as an amendment (Amendment No. 7) and is signed by a JPMorgan Vice President on 05/13/2026.

Insights

Institutional Ownership Analyst

JPMorgan's stake is reported below the 5% threshold, indicating passive institutional ownership.

JPMorgan Chase & reports beneficial ownership of 4,098,626 shares (4.6%) as of 03/31/2026. The filing lists both voting and dispositive power allocations across related J.P. Morgan entities.

Timing and changes vs prior filings are not provided in the excerpt; subsequent amendments or holdings schedules would show if this position changed materially.

Securities Compliance Specialist

The amendment reflects regulatory reporting of ownership categories and affiliated entities.

The Schedule 13G/A format and the Amendment No. 7 label indicate an updated disclosure. It names three J.P. Morgan affiliates and quantifies sole voting power (3,923,241) and sole dispositive power (4,087,321).

As a procedural matter, this disclosure satisfies beneficial‑ownership reporting; no transaction details, proceeds, or intent are stated in the provided excerpt.

Key Figures

Beneficial ownership: 4,098,626 shares Percent of class: 4.6% Sole voting power: 3,923,241 shares +3 more

6 metrics

Beneficial ownership 4,098,626 shares as of <date>03/31/2026</date>

Percent of class 4.6% Class A Common Stock

Sole voting power 3,923,241 shares reported voting power

Sole dispositive power 4,087,321 shares reported dispositive power

Shared dispositive power 9,863 shares reported shared dispositive power

Amendment number Amendment No. 7 Schedule 13G/A filing header

Key Terms

beneficially owned, sole dispositive power, Schedule 13G/A, shared voting power

4 terms

beneficially owned regulatory

"Amount beneficially owned: 4,098,626"

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 dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 4,087,321"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G/A regulatory

"Item 1. (a) Name of issuer: Utz Brands, Inc."

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

shared voting power regulatory

"Shared power to vote or to direct the vote: 0"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

Utz Brands, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 per share

(Title of Class of Securities)

918090101

(CUSIP Number)

03/31/2026

(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): 918090101

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 3,923,241.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,087,321.00
8	Shared Dispositive Power 9,863.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,098,626.00

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)

4.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Utz Brands, Inc.
(b)	Address of issuer's principal executive offices: 900 HIGH STREET, HANOVER, PENNSYLVANIA, 17331.
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, par value $0.0001 per share
(e)	CUSIP No.: 918090101
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: 4,098,626
(b)	Percent of class: 4.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3,923,241
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,087,321
	(iv) Shared power to dispose or to direct the disposition of: 9,863
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.
	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; JPMorgan Chase Bank, National Association; J.P. Morgan Investment Management Inc.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	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.

JPMORGAN CHASE & CO

Signature:	Rachel Tsvaygoft
Name/Title:	Vice President
Date:	05/13/2026

FAQ

What stake does JPMorgan report in Utz Brands (UTZ)?

JPMorgan reports beneficial ownership of 4,098,626 shares, equal to 4.6% of Utz Brands Class A common stock as of 03/31/2026. The filing quantifies voting and dispositive power across affiliated J.P. Morgan entities.

Does the Schedule 13G/A show who within J.P. Morgan holds the shares?

Yes. The filing names related entities: J.P. Morgan Trust Company of Delaware, JPMorgan Chase Bank, N.A., and J.P. Morgan Investment Management Inc. as the subsidiaries associated with the reported holdings.

What voting and disposition powers are reported for the UTZ shares?

The filing reports 3,923,241 shares as subject to sole voting power, 0 shared voting power, 4,087,321 shares as sole dispositive power, and 9,863 shares as shared dispositive power.

Is JPMorgan considered a large holder under SEC thresholds for UTZ?

Under the filing, JPMorgan beneficially owns 4.6%, which is below the SEC's 5% reporting threshold for some schedules; the Schedule 13G/A format signals institutional reporting rather than an activist intent.