JPMORGAN CHASE & CO Establishes 6.8% Stake in AutoZone Inc. (AZO)
On May 14, 2026, JPMORGAN CHASE & CO filed a Schedule 13G with the SEC, reporting a significant new ownership stake in AutoZone Inc. (AZO). As of the event date on March 31, 2026, the firm beneficially owns 1,122,977 shares of AutoZone's common stock, representing a 6.8% ownership interest in the company. This filing marks an increase from a previous position of 0.0%, establishing JPMorgan Chase & Co as a major institutional shareholder. The filing indicates that JPMorgan holds sole voting power over 947,384 shares and sole dispositive power over 1,120,024 shares. The shares are held through various subsidiaries, including J.P. Morgan Securities LLC and J.P. Morgan Investment Management Inc. The acquisition was made in the ordinary course of business and is not intended to influence or change the control of the issuer. The total value of the reported position is approximately $3.79 billion based on the filing date valuation.