JPMorgan reports 33.87M VTR shares (NYSE: VTR) in 13G/A amendment

Rhea-AI Filing Summary

Ventas, Inc. Amendment No. 1 to a Schedule 13G/A shows JPMorgan Chase & beneficially owns 33,872,732 shares of Ventas common stock, representing 7.1% of the class. The filing breaks down voting and dispositive powers across JPMorgan entities, including 27,487,130 sole voting shares and 32,825,669 sole dispositive shares. The amendment is signed by a JPMorgan vice president on 05/12/2026.

Insights

Institutional Ownership Analyst

JPMorgan's filing documents a notable passive stake in Ventas totaling 33,872,732 shares (7.1%).

JPMorgan Chase & is reported as beneficial owner of 7.1% of Ventas common stock; the filing lists multiple affiliated entities with specific voting and dispositive powers. This indicates aggregated institutional exposure rather than an individual trading event.

Record-level details show 27,487,130 shares with sole voting power and 32,825,669 shares with sole dispositive power, signed on 05/12/2026. Subsequent filings may clarify any changes in classification or additional transactions.

Corporate Governance Specialist

The amendment lists multiple JPMorgan subsidiaries as holders, reflecting delegated custody and management roles.

The schedule names entities such as J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC, and others as acquiring subsidiaries. The structure explains the distribution of voting and dispositive powers across affiliates rather than a single entity's unilateral action.

This filing is informational under Section 13 rules; the listed subsidiary identities and power allocations are relevant to governance and vote-tracking for the 33,872,732-share position reported.

Key Figures

Beneficial ownership: 33,872,732 shares Percent of class: 7.1% Sole voting power: 27,487,130 shares +3 more

6 metrics

Beneficial ownership 33,872,732 shares reported in Schedule 13G/A amendment

Percent of class 7.1% percent of Ventas common stock

Sole voting power 27,487,130 shares amount with sole power to vote

Shared voting power 1,383,176 shares amount with shared power to vote

Sole dispositive power 32,825,669 shares amount with sole power to dispose

Filing signature date 05/12/2026 date signed by JPMorgan VP

Key Terms

Schedule 13G/A, beneficial ownership, sole dispositive power, shared voting power

4 terms

Schedule 13G/A regulatory

"Amendment No. 1 to Schedule 13G/A showing beneficial ownership"

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.

beneficial ownership financial

"Amount beneficially owned: 33,872,732 (b) Percent of class: 7.1 %"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

sole dispositive power financial

"Sole power to dispose or to direct the disposition of: 32,825,669"

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.

shared voting power financial

"Shared power to vote or to direct the vote: 1,383,176"

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. 1)

Ventas, Inc.

(Name of Issuer)

Common Stock, $0.25 par value

(Title of Class of Securities)

92276F100

(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): 92276F100

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 27,487,130.00
6	Shared Voting Power 1,383,176.00
7	Sole Dispositive Power 32,825,669.00
8	Shared Dispositive Power 1,046,265.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

33,872,732.00

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)

7.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Ventas, Inc.
(b)	Address of issuer's principal executive offices: 300 N LASALLE STREET, SUITE 1600, CHICAGO, ILLINOIS, 60654.
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: Common Stock, $0.25 par value
(e)	CUSIP No.: 92276F100
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: 33,872,732
(b)	Percent of class: 7.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 27,487,130
	(ii) Shared power to vote or to direct the vote: 1,383,176
	(iii) Sole power to dispose or to direct the disposition of: 32,825,669
	(iv) Shared power to dispose or to direct the disposition of: 1,046,265
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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; 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.; Security Capital Research & Management Inc.; JPMorgan Asset Management (China) Company Limited; 55I, LLC
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:	05/12/2026

FAQ

What stake does JPMorgan report in Ventas (VTR)?

JPMorgan reports beneficial ownership of 33,872,732 shares of Ventas common stock, representing 7.1% of the class. The Schedule 13G/A amendment lists voting and dispositive power allocations among JPMorgan entities and is signed 05/12/2026.

How are voting and dispositive powers allocated in the filing?

The filing shows 27,487,130 shares with sole voting power and 1,383,176 shares with shared voting power. It also lists 32,825,669 shares with sole dispositive power and 1,046,265 with shared dispositive power.

Which JPMorgan entities are named in the amendment?

Named subsidiaries include J.P. Morgan Trust Company of Delaware, J.P. Morgan Securities LLC, JPMorgan Chase Bank, N.A., JPMorgan Asset Management (UK) Limited, and others listed in the schedule as holders or relevant affiliates.

When was the Schedule 13G/A amendment signed?

The amendment is signed by a JPMorgan Vice President, Rachel Tsvaygoft, on 05/12/2026. The filing cover references an issuer CUSIP of 92276F100 for Ventas common stock.

Does the filing indicate JPMorgan intends to active trade or influence Ventas management?

This Schedule 13G/A amendment reports beneficial ownership and allocates voting/dispositive powers across affiliates. It does not include language in the excerpt about intent to change control or to act as an activist; it is a disclosure of holdings.