JPMorgan Chase Reduces Stake in Goodyear Tire & Rubber

Hedge fund cuts holdings in tire manufacturer by 77.5% in Q3

Apr. 5, 2026 at 8:43am

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JPMorgan Chase & Co. has significantly reduced its stake in The Goodyear Tire & Rubber Company, selling off over 1.5 million shares in the third quarter of 2026. The hedge fund now owns approximately 458,790 shares, or 0.16% of the tire manufacturer's outstanding stock.

Why it matters

This move by one of the world's largest investment banks suggests potential concerns about Goodyear's future performance and stock price. Institutional investors closely watch each other's trading activity, so JPMorgan's decision could influence other funds to reevaluate their positions in Goodyear.

The details

According to a recent SEC filing, JPMorgan Chase sold 1,582,728 shares of Goodyear Tire & Rubber in Q3 2026, reducing its total holdings by 77.5%. The fund now owns 458,790 shares, worth approximately $3.4 million based on Goodyear's current stock price of $6.65.

  • JPMorgan Chase filed the 13F report disclosing the stake reduction on April 5, 2026.

The players

JPMorgan Chase & Co.

One of the world's largest investment banks and financial services companies, with over $3 trillion in assets under management.

The Goodyear Tire & Rubber Company

A leading global tire manufacturer based in Akron, Ohio, known for its innovative tire technologies and products for passenger vehicles, commercial trucks, and specialty applications.

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The takeaway

JPMorgan Chase's significant reduction in its Goodyear Tire & Rubber holdings could signal broader concerns about the tire maker's financial outlook and stock performance among institutional investors. This move bears watching as it may influence trading activity and sentiment around Goodyear in the coming quarters.