JP Morgan Cuts Nio Stake by 59% in Q2, Valued at About $12.2M
JP Morgan Chase sold nearly 3.9 million Nio shares in Q2, trimming its stake by 59% and extending a rapid unwind. The holding is now valued at about $12.2 million, down from roughly $64.7 million at the end of 2025. Over the past two quarters, the bank has shed about 10 million shares from a late-2025 peak.