SEC 13F Intelligence

Managers / Q2 2022 · view latest →

JTC Employer Solutions Trustee Ltd

CIK 0001875645 · 28 ESPLANADE, ST HELIER, Y9, JE2 3QA · 00441534700000

Reported Value
$765M
Q2 2022
Positions
299
Filings on Record
20
2021–present window
Filed
Jul 22, 2022
original filing

Summary

Jtc Employer Solutions Trustee Ltd reported $765M in U.S.-listed holdings across 299 positions for Q2 2022.

The portfolio is heavily concentrated: Gsk alone accounts for 49.5% of reported value.

Compared with Q1 2022, the fund opened 3 new positions and exited 11.

Portfolio Metrics

Turnover
+0.1%
vs prior filed quarter
Top-10 Concentration
+82.9%
share of reported value
Largest Position
+49.5%
Gsk
New / Exited
3 / 11
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q2 ’21: $678MQ2 ’21Q3 ’21: $747MQ4 ’21: $809MQ1 ’22: $903MQ1 ’22Q2 ’22: $765MQ3 ’22: $602MQ4 ’22: $1.2BQ4 ’22Q1 ’23: $942MQ2 ’23: $1.1BQ3 ’23: $1.1BQ3 ’23Q4 ’23: $1.1BQ1 ’24: $1.6BQ2 ’24: $1.5BQ2 ’24Q3 ’24: $1.5BQ4 ’24: $1.4BQ1 ’25: $1.2BQ1 ’25Q2 ’25: $1.0BQ3 ’25: $1.2BQ4 ’25: $1.5BQ4 ’25Q1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
Other: 49.6%Common Stock: 37.5%ETP: 12.4%ADR: 0.4%REIT: 0.1%Other: 0.1%
  • Other · 49.6% · $380M
  • Common Stock · 37.5% · $287M
  • ETP · 12.4% · $95M
  • ADR · 0.4% · $3M
  • REIT · 0.1% · $718,000
  • Other · 0.1% · $620,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APHAMPHENOL CORP NEWNEW+2.8K2.8K+$200,000$200,000
XBISPDR SER TRNEW+800800+$59,000$59,000
TTWOTAKE-TWO INTERACTIVE SOFTWARNEW+4141+$5,000$5,000
AMZNAMAZON COM INCADDED+11.5K17.8K−$19M$2M
TIPISHARES TRSOLD OUT−1.4K0−$175,000$0
TLTISHARES TRSOLD OUT−1.2K0−$165,000$0
VUGVANGUARD INDEX FDSSOLD OUT−4460−$128,000$0
SPDR INDEX SHS FDSSOLD OUT−5000−$55,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2022

239 positions (from 299 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSK PLCSPONSORED ADR49.49%$379M8.70M
2GOOGLALPHABET INCCAP STK CL A · CAP STK CL C9.01%$69M31.6K
3UNPUNION PAC CORPhistory →COM5.56%$43M199.6K
4EEMISHARES TRMSCI EMG MKT ETF · CORE S&P500 ETF · MSCI USA QLT FCT · MSCI INTL QUALTY · MSCI EURO FL ETF · RUS 1000 GRW ETF · ISHARES BIOTECH · EXPANDED TECH · IBOXX INV CP ETF · CORE MSCI TOTAL · GLOBAL FINLS ETF · US CONSM STAPLES · IBOXX HI YD ETF · MSCI USA MMENTM · GLB CNS DISC ETF · S&P 500 VAL ETF · MSCI INDIA ETF · S&P MC 400GR ETF · S&P MC 400VL ETF · PFD AND INCM SEC · RUS 2000 VAL ETF · FOCUSD VAL FAC · SP SMCP600VL ETF · JPMORGAN USD EMG · BRAZIL SM-CP ETF · GL CLEAN ENE ETF · GLOBAL 100 ETF · MSCI INDONIA ETF5.12%$39M852.2K
5QQQINVESCO QQQ TRhistory →UNIT SER 12.94%$23M80.3K
6COSTCOSTCO WHSL CORP NEWhistory →COM2.79%$21M44.5K
7MSFTMICROSOFT CORPhistory →COM2.70%$21M80.4K
8AAPLAPPLE INChistory →COM1.80%$14M100.8K
9BACBK OF AMERICA CORPhistory →COM1.78%$14M437.8K
10AIGAMERICAN INTL GROUP INChistory →COM NEW1.75%$13M262.2K
11CCITIGROUP INChistory →COM NEW1.30%$10M216.0K
12VOOVANGUARD INDEX FDSS&P 500 ETF SHS · SMALL CP ETF · VALUE ETF · REAL ESTATE ETF0.85%$6M21.5K
13SPYSPDR S&P 500 ETF TRTR UNIT0.83%$6M16.8K
14JPMJPMORGAN CHASE & COCOM0.72%$6M48.9K
15AXPAMERICAN EXPRESS COCOM0.68%$5M37.5K
16MOOVANECK ETF TRUSTVANECK RUSSIA ET · AGRIBUSINESS ETF · GOLD MINERS ETF · JUNIOR GOLD MINE0.62%$5M786.5K
17TDTORONTO DOMINION BK ONTCOM NEW0.61%$5M71.3K
18RCIROGERS COMMUNICATIONS INCCL B0.59%$4M93.5K
19MAMASTERCARD INCORPORATEDCL A0.57%$4M13.9K
20AAALCOA CORPCOM0.57%$4M95.4K
21PYPLPAYPAL HLDGS INCCOM0.50%$4M55.1K
22GSLGLOBAL SHIP LEASE INC NEWCOM CL A0.49%$4M226.5K
23COFCAPITAL ONE FINL CORPCOM0.48%$4M35.0K
24EWJISHARES INCMSCI JPN ETF NEW · MSCI BRAZIL ETF · MSCI WORLD ETF · MSCI GBL GOLD MN · CORE MSCI EMKT · MSCI MEXICO ETF · MSCI TURKEY ETF0.47%$4M71.0K
25MBIMBIA INCCOM0.45%$3M280.0K
26BRK/ABERKSHIRE HATHAWAY INC DELCL A0.38%$3M7
27DALDELTA AIR LINES INC DELCOM NEW0.35%$3M92.3K
28AAAUGOLDMAN SACHS PHYSICAL GOLDUNIT0.33%$3M139.6K
29DISDISNEY WALT COCOM0.32%$2M25.7K
30FCXFREEPORT-MCMORAN INCCL B0.31%$2M80.0K
31CXCEMEX SAB DE CVSPON ADR NEW0.26%$2M502.0K
32DIASPDR DOW JONES INDL AVERAGEUT SER 10.25%$2M6.3K
33AMZNAMAZON COM INCCOM0.25%$2M17.8K
34GSGOLDMAN SACHS GROUP INCCOM0.20%$2M5.2K
35NVDANVIDIA CORPORATIONCOM0.19%$1M9.5K
36ARKKARK ETF TRINNOVATION ETF · GENOMIC REV ETF · NEXT GNRTN INTER0.18%$1M34.8K
37CNICANADIAN NATL RY COCOM0.17%$1M11.7K
38GLWCORNING INCCOM0.16%$1M40.0K
39XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · SBI INT-UTILS0.15%$1M9.6K
40CRMSALESFORCE INCCOM0.14%$1M4.7K
41RYROYAL BK CDACOM0.13%$1M10.5K
42QQQJINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · NASDAQNXTGEN100 · SR LN ETF · PFD ETF0.13%$977,00022.4K
43QCOMQUALCOMM INCCOM0.12%$920,0007.2K
44MCDMCDONALDS CORPCOM0.11%$874,0003.5K
45GLDSPDR GOLD TRGOLD SHS0.11%$814,0004.8K
46ORCLORACLE CORPCOM0.10%$785,00011.3K
47VGKVANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF · FTSE EMR MKT ETF0.09%$699,00014.9K
48METAMETA PLATFORMS INCCL A0.09%$657,0004.1K
49MATINAS BIOPHARMA HLDGS INCCOM0.08%$630,000775.0K
50BXBLACKSTONE INCCOM0.08%$590,0006.5K
51SCHHSCHWAB STRATEGIC TRUS REIT ETF0.08%$588,00027.9K
52DWMWISDOMTREE TRINTL EQUITY FD · JAPN HEDGE EQT · NEW ECON REAL ES · US LARGECAP DIVD · EMER MKT HIGH FD0.07%$570,00015.1K
53LIBERTY MEDIA CORP DELCOM C SIRIUSXM0.07%$549,00015.2K
54KKRKKR & CO INCCOM0.07%$515,00011.1K
55NKENIKE INCCL B0.06%$475,0004.6K
56DEDEERE & COCOM0.06%$475,0001.6K
57EXMOCEXXON MOBIL CORPCOM0.06%$453,0005.3K
58PBAPEMBINA PIPELINE CORPCOM0.06%$450,00012.8K
59VGTVANGUARD WORLD FDSINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF0.06%$437,0002.4K
60CONTEXTLOGIC INCCOM CL A0.05%$401,000250.1K
61JNJJOHNSON & JOHNSONCOM0.05%$396,0002.2K
62BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.05%$396,0003.5K
63CVXCHEVRON CORP NEWCOM0.05%$392,0002.7K
64SPTSPROUT SOCIAL INCCOM CL A0.05%$346,0006.0K
65VVISA INCCOM CL A0.04%$335,0001.7K
66IIFMORGAN STANLEY INDIA INVT FDCOM0.04%$317,00014.2K
67MRKMERCK & CO INCCOM0.04%$309,0003.4K
68ABNBAIRBNB INCCOM CL A0.04%$306,0003.4K
69WYNNWYNN RESORTS LTDCOM0.04%$292,0005.1K
70BIPCBROOKFIELD INFRAST PARTNERSLP INT UNIT0.04%$281,0007.3K
71GMGENERAL MTRS COCOM0.03%$254,0008.0K
72DKDELEK US HLDGS INC NEWCOM0.03%$253,0009.8K
73GENERAL ELECTRIC COCOM NEW0.03%$249,0003.9K
74COPCONOCOPHILLIPSCOM0.03%$243,0002.7K
75TSLATESLA INCCOM0.03%$233,000345
76ADMARCHER DANIELS MIDLAND COCOM0.03%$233,0003.0K
77BARCLAYS BANK PLCDJUBS CMDT ETN360.03%$229,0006.6K
78SPHRMADISON SQUARE GRDN ENTERTNMCL A0.03%$226,0004.3K
79UREPROSHARES TRSHORT S&P 500 NE · ULT R/EST NEW · SHORT QQQ NEW0.03%$214,00012.1K
80PEPPEPSICO INCCOM0.03%$209,0001.3K
81ALBALBEMARLE CORPCOM0.03%$209,0001.0K
82BROOKFIELD RENEWABLE CORPCL A SUB VTG0.03%$205,0005.8K
83WMBWILLIAMS COS INCCOM0.03%$202,0006.5K
84APHAMPHENOL CORP NEWCL A0.03%$200,0002.8K
85VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.03%$197,0001.4K
86XBISPDR SER TRBLOOMBERG HIGH Y · S&P BIOTECH · ICE PFD SEC ETF0.02%$191,0003.0K
87WSOWATSCO INCCOM0.02%$186,000780
88NFLXNETFLIX INCCOM0.02%$184,0001.1K
89WMTWALMART INCCOM0.02%$182,0001.5K
90MPCMARATHON PETE CORPCOM0.02%$168,0002.0K
91CATCATERPILLAR INCCOM0.02%$165,000920
92CLCOLGATE PALMOLIVE COCOM0.02%$160,0002.0K
93RTXRAYTHEON TECHNOLOGIES CORPCOM0.02%$158,0001.6K
94STORE CAP CORPCOM0.02%$157,0006.0K
95PFEPFIZER INCCOM0.02%$157,0003.0K
96BF/BBROWN FORMAN CORPCL B0.02%$157,0002.2K
97SYKSTRYKER CORPORATIONCOM0.02%$155,000781
98MOALTRIA GROUP INCCOM0.02%$155,0003.7K
99TXNTEXAS INSTRS INCCOM0.02%$154,0001.0K
100PGPROCTER AND GAMBLE COCOM0.02%$152,0001.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B308May 19, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.5B315Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B315Oct 23, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B310Jul 29, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.2B318Apr 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.4B323Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.5B334Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.5B333Jul 16, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B343Apr 19, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.1B349Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.1B361Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.1B367Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$942M375Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B396Jan 18, 202313F-HRchanges · EDGAR ↗
Q3 2022$602M324Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$765M299Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$903M307May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$809M311Jan 24, 202213F-HRchanges · EDGAR ↗
Q3 2021$747M310Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$678M304Aug 10, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.