JPMorgan Chase & Co. Raises NEXTDC Stake to 9.11% with 69.26 Million Votes

Sonal Goyal

10 November 2026 05:23 PM AEDT

JPMorgan Chase & Co. Raises NEXTDC Stake to 9.11% with 69.26 Million Votes

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

NEXTDC Ltd (ASX:NXT) has received a notice of change of interests of substantial holder from JPMorgan Chase & Co. and its affiliates, disclosing that the financial group's voting power in the data centre company rose to 9.11% from a previous 5.25%, representing 69,262,556.52 ordinary shares as of 4 November 2026.

Key Points

JPMorgan Chase & Co. and its affiliates increased their voting power in NEXTDC from 5.25% to 9.11% in ordinary shares.
The present notice reflects 69,262,556.52 person's votes, up from 39,902,493.77 in the previous notice.
The change in interests occurred on 4 November 2026, with the previous notice dated 3 November 2026.
Multiple JPMorgan affiliates hold relevant interests through securities lending, prime brokerage, proprietary trading and investment management arrangements.

Voting Power Change Disclosed by JPMorgan

According to the filing, JPMorgan Chase & Co. and its affiliates held 39,902,493.77 votes in NEXTDC at the time of the previous substantial holding notice, equating to 5.25% voting power. The present notice, reflecting the position as of 4 November 2026, records 69,262,556.52 votes, representing 9.11% voting power in ordinary securities. The previous notice was given to the company on 5 November 2026 and was dated 3 November 2026. The filing was made pursuant to Section 671B of the Corporations Act 2001.

Nature of Changes Across JPMorgan Affiliates

The filing details changes in relevant interests across several JPMorgan entities. These include JPMorgan Chase Bank, N.A. acting as agent lender with 984,771 ordinary securities affected; J.P. Morgan Securities LLC holding securities subject to an obligation to return under a securities lending agreement, with 18,400,000 ordinary securities affected; J.P. Morgan Securities PLC with 10,114,840 ordinary securities affected under a securities lending agreement; and J.P. Morgan Securities Australia Limited recording 177,000 ordinary securities through purchases and sales in its capacity as principal or proprietary. JPMorgan Asset Management (UK) Limited also recorded changes through securities received as collateral and investment management capacities.

Present Relevant Interests Held by JPMorgan Entities

Following the change, the filing sets out present relevant interests held by multiple JPMorgan affiliates. JPMorgan Chase Bank, N.A. holds 19,076,189 ordinary securities as agent lender, with JPM Nominees Australia Pty Limited as the registered holder. J.P. Morgan Securities PLC holds 21,083,526 ordinary securities subject to a securities lending obligation and 1,224,125 through proprietary trading. J.P. Morgan Securities LLC holds 20,671,679 ordinary securities under a securities lending agreement return obligation, and 13,915 through rehypothecation under a prime brokerage agreement. J.P. Morgan Securities Australia Limited holds 2,020,692 ordinary securities as principal and 4,050,000 under a securities lending return obligation, with Ecapital Nominees Pty Ltd as registered holder.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.