JPMorgan Chase Boosts Stake in Maplebear Inc.

Investment firm increases ownership in online grocery delivery platform by 27.8% in Q3 2025.

Mar. 21, 2026 at 9:36am by Ben Kaplan

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JPMorgan Chase & Co. grew its position in Maplebear Inc. (NASDAQ:CART) by 27.8% during the 3rd quarter of 2025, according to the company's recent SEC filing. The firm now owns 1,328,968 shares of the company's stock, worth approximately $48.85 million, making it one of the largest institutional investors in the online grocery delivery platform.

Why it matters

Maplebear, the parent company of the Instacart delivery service, has seen significant growth in recent years as consumer demand for online grocery shopping has surged. JPMorgan's increased stake signals confidence in the company's long-term prospects and the continued expansion of the online grocery market.

The details

JPMorgan Chase purchased an additional 288,839 shares of Maplebear during the 3rd quarter, bringing its total ownership to 1,328,968 shares, or about 0.51% of the company. This investment is part of JPMorgan's broader strategy to capitalize on the rise of e-commerce and the shift towards online grocery shopping.

  • JPMorgan Chase increased its Maplebear stake in the 3rd quarter of 2025.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Maplebear Inc.

The parent company of the Instacart online grocery delivery platform, headquartered in San Francisco.

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The takeaway

JPMorgan Chase's increased investment in Maplebear reflects the growing importance of the online grocery market and the company's confidence in Instacart's ability to capitalize on this trend. As consumer shopping habits continue to evolve, Maplebear's position as a leading player in the space makes it an attractive investment opportunity for major financial institutions.