LONDON - JPMorgan Investment Trusts announced the ten largest investments for several of its funds, revealing a diverse range of top holdings concentrated in technology, financial services, and consumer goods. As of December 31, 2024, the JPMorgan American Investment Trust PLC highlighted significant stakes in Amazon.com Inc (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT), each representing 6% of total assets. Similarly, JPMorgan Global Growth & Income PLC reported Microsoft and Amazon.com Inc as its top holdings with 6.7% each.
In the Asia-focused funds, JPMorgan Asia Growth & Income PLC and JPMorgan Emerging Markets Investment Trust PLC both listed Taiwan Semiconductor Manufacturing Co Ltd as their largest investment, accounting for 13.5% and 13.4% of total assets, respectively. Tencent Holdings Ltd (F:NNND) was another common top holding across several trusts, including the JPMorgan China Growth & Income PLC with 11.3%.
European investments were led by different companies, with JPMorgan Claverhouse Investment Trust PLC favoring Shell (LON:SHEL) Plc and HSBC Holdings Plc (LON:HSBA), which comprised 8.0% and 7.1% of its total assets. JPMorgan European Discovery (NASDAQ:WBD) Trust PLC's top investment was Spie at 2.8%.
The JPMorgan Indian Investment Trust PLC's largest holding was Hdfc Bank (NYSE:HDB) Ltd at 8.8%, while JPMorgan Japanese Investment Trust PLC's top investment was Hitachi Ltd (OTC:HTHIY), making up 5.5% of total assets.
Emerging markets also featured prominently, with JPMorgan Global Emerging Markets Income Trust PLC's top holding being Taiwan Semiconductor Manufacturing Co Ltd at 8.9%. In contrast, JPMorgan Emerging Europe, Middle East & Africa Sec PLC's largest investment was Al Rajhi Bank at 3.2%.
The announcement provides a snapshot of the strategic allocations of JPMorgan's investment trusts, reflecting a mix of sectoral and geographical diversification. The detailed percentages of holdings offer insights into the investment strategies but exclude investments in liquidity stocks. The information is based on a press release statement from JPMorgan Investment Trusts.
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