JPMorgan Chase Reduces Stake in BankUnited

Financial services giant sells over 300,000 shares of regional bank

Mar. 19, 2026 at 9:21am

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JPMorgan Chase & Co. has reduced its holdings in BankUnited, Inc. (NYSE:BKU) by 12%, selling 304,029 shares during the third quarter. The firm now owns approximately 2.23 million shares, or about 2.97% of the financial services provider's stock.

Why it matters

This transaction highlights the shifting investment strategies of major financial institutions as they rebalance their portfolios. BankUnited is a regional bank based in Miami Lakes, Florida, serving middle-market and small business clients in the state.

The details

According to a disclosure with the Securities and Exchange Commission, JPMorgan Chase sold the BankUnited shares during the third quarter. The firm previously owned 2,533,428 shares, or about 3.37% of the company. After the sale, JPMorgan Chase's stake in BankUnited is now 2,229,399 shares, or 2.97% of the outstanding stock.

  • JPMorgan Chase sold the 304,029 BankUnited shares during the third quarter of 2026.

The players

JPMorgan Chase & Co.

A major American multinational investment bank and financial services company.

BankUnited, Inc.

A bank holding company based in Miami Lakes, Florida that provides commercial banking products and services through its subsidiary BankUnited, National Association.

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The takeaway

This transaction reflects the ongoing portfolio adjustments made by large financial institutions like JPMorgan Chase as they manage their investments in regional banks like BankUnited. The sale reduces JPMorgan's stake in BankUnited but the firm remains a significant shareholder in the Florida-based lender.