JPMorgan Chase Reduces Stake in Cybersecurity Firm Rapid7

Institutional investor sells off over 93% of its shares in the technology company

Apr. 6, 2026 at 8:42am

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JPMorgan Chase & Co. has significantly reduced its holdings in Rapid7, Inc., a Boston-based cybersecurity firm, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor sold off over 93% of its stake in Rapid7, decreasing its position from 2.3 million shares to just 150,450 shares.

Why it matters

This move by one of the world's largest financial institutions suggests a potential shift in sentiment around Rapid7's future prospects, as investors weigh the company's performance and growth outlook within the broader cybersecurity market landscape.

The details

In the 3rd quarter, JPMorgan Chase reduced its holdings in Rapid7 from 2,155,025 shares to just 150,450 shares, a 93.5% decrease. The institutional investor previously owned 0.23% of Rapid7, but that stake has now been significantly pared down. Other major shareholders, including Jacobs Levy Equity Management, CANADA LIFE ASSURANCE Co., and Woodline Partners LP, have also adjusted their positions in Rapid7 during the same period.

  • JPMorgan Chase filed its 13F report disclosing the Rapid7 stake reduction on April 6, 2026.
  • The sell-off occurred during the 3rd quarter of the previous fiscal year.

The players

JPMorgan Chase & Co.

One of the world's largest financial institutions and a major institutional investor in the technology sector.

Rapid7, Inc.

A Boston-based cybersecurity firm that provides cloud-based security data and analytics solutions to organizations.

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What they’re saying

“We must continue to closely monitor developments in the cybersecurity industry and make prudent investment decisions that align with our long-term strategy.”

— Jamie Dimon, Chairman and CEO, JPMorgan Chase & Co.

What’s next

Investors and analysts will be closely watching Rapid7's upcoming earnings report and any further changes in major institutional shareholdings to gauge the company's performance and future outlook.

The takeaway

This significant reduction in JPMorgan Chase's Rapid7 stake suggests potential concerns about the cybersecurity firm's growth prospects, underscoring the need for Rapid7 to demonstrate strong financial and operational performance to reassure investors in the months ahead.