JPMorgan Chase Reduces Stake in Wolverine World Wide

Institutional investor sells over 1.2 million shares of the textile maker's stock

Mar. 21, 2026 at 9:04am

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JPMorgan Chase & Co. has reduced its position in Wolverine World Wide, Inc. (NYSE:WWW) by 39.2% in the third quarter, according to a recent SEC filing. The institutional investor sold 1,256,155 shares, leaving it with 1,947,274 shares, or about 2.38% ownership of the textile maker.

Why it matters

This transaction highlights the shifting investment landscape around Wolverine World Wide, a major footwear and apparel company. The reduced stake by a prominent institutional investor like JPMorgan Chase could signal broader market trends or changes in the company's outlook.

The details

According to the 13F filing, JPMorgan Chase & Co. sold 1,256,155 shares of Wolverine World Wide stock in the third quarter. This reduced the investment firm's total position in the company to 1,947,274 shares, worth approximately $53.4 million as of the most recent SEC reporting period.

  • JPMorgan Chase & Co. made the share sale in the 3rd quarter of the year.

The players

JPMorgan Chase & Co.

A major American multinational investment bank and financial services company.

Wolverine World Wide, Inc.

A global footwear and apparel company headquartered in Rockford, Michigan, known for brands like Merrell, Saucony, and Sperry.

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The takeaway

This transaction by a prominent institutional investor like JPMorgan Chase suggests potential shifts in market sentiment around Wolverine World Wide. It will be important to monitor the company's performance and any further changes in major shareholder positions going forward.