证券时报·2025-08-14 09:18Core Viewpoint - Major global financial institutions, including JPMorgan Chase, Vanguard Group, and BlackRock, have significantly increased their holdings in technology giants, particularly Nvidia, as revealed in their latest 13F filings for Q2 2025 [1][2][9]. Group 1: JPMorgan Chase Holdings - As of June 30, 2025, JPMorgan Chase's U.S. stock investment portfolio reached a total market value of $1.53 trillion, reflecting an 11.7% increase from the previous quarter [4]. - The top five holdings of JPMorgan Chase are all technology companies, accounting for 25.16% of the total portfolio value [5]. - The largest positions include Microsoft (MSFT) at approximately $78.12 billion (5.11%), Nvidia (NVDA) at about $73.09 billion (4.78%), and Apple (AAPL) at around $44.03 billion (2.88%) [5][6]. Group 2: Vanguard Group Holdings - Vanguard Group's U.S. stock holdings reached $6.18 trillion as of June 30, 2025, with the top ten holdings making up 28.81% of the total portfolio [10]. - The top five holdings include Nvidia, Microsoft, Apple, Amazon, and META, with significant increases in shares for Nvidia (39.47 million shares) and Microsoft (13.69 million shares) during Q2 [10]. Group 3: BlackRock Holdings - BlackRock's U.S. stock holdings totaled $5.25 trillion as of June 30, 2025, with the top ten holdings comprising 28.07% of the portfolio [11]. - Nvidia is the largest holding with 1.91 billion shares, followed by Microsoft, Apple, Amazon, and META. BlackRock increased its position in Nvidia by 7.94 million shares during Q2, while slightly reducing its stake in Microsoft [11].