JPMorgan Chase Cuts Stake in ManpowerGroup

Institutional investor reduces holdings in staffing and workforce solutions provider

Apr. 9, 2026 at 9:10am

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A photorealistic studio still life featuring a stack of financial reports, a pen, and a calculator arranged on a clean white background, conceptually representing the analytical tools and processes used by institutional investors to evaluate a company's financial performance.A minimalist still life captures the analytical tools of institutional investors scrutinizing a staffing firm's financial performance.Today in Milwaukee

JPMorgan Chase & Co. has reduced its stake in ManpowerGroup Inc. (NYSE: MAN) by 52.8% during the third quarter, according to a recent SEC filing. The institutional investor now owns 37,916 shares of the business services provider's stock, down from 80,352 shares previously.

Why it matters

This move by a major institutional investor like JPMorgan Chase could signal a shift in market sentiment around ManpowerGroup, which provides staffing, recruitment, and workforce solutions globally. Tracking changes in institutional ownership can provide insights into how Wall Street views a company's prospects.

The details

According to the 13F filing, JPMorgan Chase sold 42,436 shares of ManpowerGroup stock during the third quarter. The firm now owns approximately 0.08% of the company's outstanding shares, down from 0.17% previously. ManpowerGroup's stock price has fluctuated in recent quarters amid economic uncertainty and changing workforce dynamics.

  • JPMorgan Chase reduced its ManpowerGroup holdings during the third quarter of 2026.

The players

JPMorgan Chase & Co.

A major global investment bank and financial services firm.

ManpowerGroup Inc.

A multinational human resources consulting firm that provides staffing, recruitment, training, and workforce solutions.

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The takeaway

This reduction in JPMorgan Chase's ManpowerGroup holdings could signal broader market concerns about the staffing industry's outlook, though the reasons behind the sell-off are not entirely clear. Investors will likely continue to monitor institutional activity and financial performance for clues about ManpowerGroup's future prospects.