JPMorgan Chase & Co. Reduces Stake in Mohawk Industries, Inc.

JPMorgan Chase & Co. has filed an amendment to its Schedule 13G, reporting a significant reduction in its stake in Mohawk Industries, Inc. The filing indicates that JPMorgan Chase & Co. now holds 2,427,971 shares, representing a 3.9% ownership in Mohawk Industries. This marks a substantial decrease from its previous holdings, with a reduction of 34,302,603 shares, or 93.39% of its prior stake. The filing also details the breakdown of voting and dispositive power, with JPMorgan Chase & Co. having sole voting power over 2,218,347 shares and sole dispositive power over 2,419,537 shares. The amendment was filed on October 31, 2025, and includes certifications that the shares were acquired and held in the ordinary course of business, not for the purpose of influencing control of the issuer.