SEC 13F Intelligence

Managers / Q3 2022 · view latest →

JTC Employer Solutions Trustee Ltd

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

Reported Value
$602M
Q3 2022
Positions
324
Filings on Record
20
2021–present window
Filed
Nov 2, 2022
original filing

Summary

Jtc Employer Solutions Trustee Ltd reported $602M in U.S.-listed holdings across 324 positions for Q3 2022.

The portfolio is heavily concentrated: GSK alone accounts for 23.0% of reported value.

Compared with Q2 2022, the fund opened 29 new positions and exited 4.

Portfolio Metrics

Turnover
+39.9%
vs prior filed quarter
Top-10 Concentration
+71.4%
share of reported value
Largest Position
+23.0%
Gsk
New / Exited
29 / 4
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
Common Stock: 52.7%ADR: 32.3%ETP: 14.7%REIT: 0.1%Closed-End Fund: 0.1%Other: 0.1%
  • Common Stock · 52.7% · $317M
  • ADR · 32.3% · $194M
  • ETP · 14.7% · $89M
  • REIT · 0.1% · $676,000
  • Closed-End Fund · 0.1% · $675,000
  • Other · 0.1% · $681,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GSKGSK PLCNEW+4.71M4.71M+$139M$139M
HLNHALEON PLCNEW+8.70M8.70M+$53M$53M
EQTEQT CORPNEW+663.0K663.0K+$27M$27M
DVYISHARES TRNEW+7.1K7.1K+$763,000$763,000
ABXBARRICK GOLD CORPNEW+40.0K40.0K+$620,000$620,000
UNHUNITEDHEALTH GROUP INCNEW+772772+$415,000$415,000
PAASPAN AMERN SILVER CORPNEW+18.0K18.0K+$286,000$286,000
DHRDANAHER CORPORATIONNEW+746746+$193,000$193,000

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

Holdings — Q3 2022

262 positions (from 324 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSKGSK PLChistory →SPONSORED ADR23.02%$139M4.71M
2HLNHALEON PLChistory →SPON ADS8.82%$53M8.70M
3JPMJPMORGAN CHASE & COhistory →COM6.48%$39M372.6K
4UNPUNION PAC CORPhistory →COM6.46%$39M199.6K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C6.36%$38M399.9K
6EEMISHARES TRMSCI EMG MKT ETF · CORE S&P500 ETF · MSCI USA QLT FCT · MSCI INTL QUALTY · SELECT DIVID ETF · IBOXX INV CP ETF · MSCI EURO FL ETF · RUS 1000 GRW ETF · ISHARES BIOTECH · EXPANDED TECH · CORE MSCI TOTAL · GLOBAL FINLS ETF · IBOXX HI YD ETF · US CONSM STAPLES · MSCI USA MMENTM · GLB CNS DISC ETF · MSCI INDIA ETF · S&P 500 VAL 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 · RUSSELL 2000 ETF · GL CLEAN ENE ETF · GLOBAL 100 ETF · MSCI INDONIA ETF5.96%$36M860.5K
7EQTEQT CORPhistory →COM4.47%$27M663.0K
8QQQINVESCO QQQ TRhistory →UNIT SER 13.65%$22M82.3K
9MSFTMICROSOFT CORPhistory →COM3.16%$19M81.6K
10COSTCOSTCO WHSL CORP NEWhistory →COM3.02%$18M38.5K
11AAPLAPPLE INChistory →COM2.41%$14M104.9K
12BACBK OF AMERICA CORPhistory →COM2.07%$12M412.8K
13AIGAMERICAN INTL GROUP INChistory →COM NEW2.07%$12M262.2K
14CCITIGROUP INChistory →COM NEW1.71%$10M246.7K
15AMZNAMAZON COM INChistory →COM1.52%$9M80.9K
16SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.11%$7M18.7K
17GSLGLOBAL SHIP LEASE INC NEWCOM CL A0.95%$6M363.3K
18GDXJVANECK ETF TRUSTVANECK RUSSIA ET · JUNIOR GOLD MINE · GOLD MINERS ETF · AGRIBUSINESS ETF0.88%$5M806.4K
19AXPAMERICAN EXPRESS COCOM0.84%$5M37.5K
20MAMASTERCARD INCORPORATEDCL A0.83%$5M17.6K
21PYPLPAYPAL HLDGS INCCOM0.79%$5M55.1K
22TDTORONTO DOMINION BK ONTCOM NEW0.73%$4M71.3K
23RCIROGERS COMMUNICATIONS INCCL B0.61%$4M94.3K
24EWJISHARES INCMSCI JPN ETF NEW · MSCI BRAZIL ETF · MSCI WORLD ETF · MSCI GBL GOLD MN · CORE MSCI EMKT · MSCI MEXICO ETF · MSCI TURKEY ETF0.56%$3M71.7K
25COFCAPITAL ONE FINL CORPCOM0.54%$3M35.0K
26AAALCOA CORPCOM0.53%$3M95.4K
27BRK/ABERKSHIRE HATHAWAY INC DELCL A0.47%$3M7
28VOOVANGUARD INDEX FDSS&P 500 ETF SHS · SMALL CP ETF · VALUE ETF · REAL ESTATE ETF0.45%$3M11.0K
29DISDISNEY WALT COCOM0.43%$3M27.5K
30DALDELTA AIR LINES INC DELCOM NEW0.43%$3M92.3K
31MBIMBIA INCCOM0.43%$3M281.5K
32FCXFREEPORT-MCMORAN INCCL B0.39%$2M84.8K
33AAAUGOLDMAN SACHS PHYSICAL GOLDUNIT0.38%$2M139.6K
34DIASPDR DOW JONES INDL AVERAGEUT SER 10.33%$2M7.0K
35CXCEMEX SAB DE CVSPON ADR NEW0.29%$2M502.0K
36GSGOLDMAN SACHS GROUP INCCOM0.25%$2M5.2K
37ARKKARK ETF TRINNOVATION ETF · GENOMIC REV ETF · NEXT GNRTN INTER0.24%$1M37.9K
38GLDSPDR GOLD TRGOLD SHS0.22%$1M8.7K
39NVDANVIDIA CORPORATIONCOM0.22%$1M10.7K
40CNICANADIAN NATL RY COCOM0.21%$1M11.7K
41XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · TECHNOLOGY · ENERGY · SBI INT-UTILS0.20%$1M10.9K
42GLWCORNING INCCOM0.19%$1M40.0K
43CRMSALESFORCE INCCOM0.18%$1M4.7K
44DEMWISDOMTREE TREMER MKT HIGH FD · INTL EQUITY FD · JAPN HEDGE EQT · NEW ECON REAL ES · US LARGECAP DIVD0.17%$997,00029.9K
45RYROYAL BK CDACOM0.16%$956,00010.5K
46QQQJINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · NASDAQNXTGEN100 · SR LN ETF · PFD ETF0.15%$918,00022.4K
47MCDMCDONALDS CORPCOM0.14%$817,0003.5K
48QCOMQUALCOMM INCCOM0.14%$814,0007.2K
49BARCLAYS BANK PLCDJUBS CMDT ETN360.12%$748,00022.7K
50BXBLACKSTONE INCCOM0.11%$688,0008.2K
51ORCLORACLE CORPCOM0.11%$688,00011.3K
52ABXBARRICK GOLD CORPCOM0.10%$620,00040.0K
53METAMETA PLATFORMS INCCL A0.10%$620,0004.6K
54VGKVANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF · FTSE EMR MKT ETF0.10%$610,00014.9K
55LIBERTY MEDIA CORP DELCOM C SIRIUSXM0.10%$574,00015.2K
56PEPPEPSICO INCCOM0.09%$547,0003.3K
57DEDEERE & COCOM0.09%$530,0001.6K
58EXMOCEXXON MOBIL CORPCOM0.09%$513,0005.9K
59MATINAS BIOPHARMA HLDGS INCCOM0.08%$508,000775.0K
60KKRKKR & CO INCCOM0.08%$478,00011.1K
61CVXCHEVRON CORP NEWCOM0.08%$458,0003.2K
62UNHUNITEDHEALTH GROUP INCCOM0.07%$415,000772
63VGTVANGUARD WORLD FDSINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF0.07%$413,0002.4K
64PBAPEMBINA PIPELINE CORPCOM0.07%$392,00012.8K
65NKENIKE INCCL B0.06%$385,0004.6K
66SCHHSCHWAB STRATEGIC TRUS REIT ETF0.06%$371,00019.9K
67JNJJOHNSON & JOHNSONCOM0.06%$364,0002.2K
68SPTSPROUT SOCIAL INCCOM CL A0.06%$361,0006.0K
69ABNBAIRBNB INCCOM CL A0.06%$360,0003.4K
70IIFMORGAN STANLEY INDIA INVT FDCOM0.05%$331,00014.2K
71GMGENERAL MTRS COCOM0.05%$331,00010.3K
72WYNNWYNN RESORTS LTDCOM0.05%$323,0005.1K
73VVISA INCCOM CL A0.05%$302,0001.7K
74MRKMERCK & CO INCCOM0.05%$291,0003.4K
75PAASPAN AMERN SILVER CORPCOM0.05%$286,00018.0K
76BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.05%$279,0003.5K
77COPCONOCOPHILLIPSCOM0.05%$277,0002.7K
78TSLATESLA INCCOM0.05%$275,0001.0K
79DKDELEK US HLDGS INC NEWCOM0.04%$266,0009.8K
80ALBALBEMARLE CORPCOM0.04%$265,0001.0K
81BIPCBROOKFIELD INFRAST PARTNERSLP INT UNIT0.04%$264,0007.3K
82NFLXNETFLIX INCCOM0.04%$263,0001.1K
83XBISPDR SER TRS&P BIOTECH · BLOOMBERG HIGH Y · ICE PFD SEC ETF0.04%$251,0003.7K
84ADMARCHER DANIELS MIDLAND COCOM0.04%$242,0003.0K
85GENERAL ELECTRIC COCOM NEW0.04%$241,0003.9K
86MPCMARATHON PETE CORPCOM0.03%$203,0002.0K
87WSOWATSCO INCCOM0.03%$201,000780
88APHAMPHENOL CORP NEWCL A0.03%$200,0002.8K
89WMTWALMART INCCOM0.03%$195,0001.5K
90DHRDANAHER CORPORATIONCOM0.03%$193,000746
91UREPROSHARES TRSHORT S&P 500 NE · ULT R/EST NEW0.03%$193,00010.4K
92AZOAUTOZONE INCCOM0.03%$191,00089
93BROOKFIELD RENEWABLE CORPCL A SUB VTG0.03%$190,0005.8K
94CSXCSX CORPCOM0.03%$190,0005.6K
95SPHRMADISON SQUARE GRDN ENTERTNMCL A0.03%$190,0004.3K
96MCOMOODYS CORPCOM0.03%$189,000579
97STORE CAP CORPCOM0.03%$188,0006.0K
98KOCOCA COLA COCOM0.03%$187,0003.3K
99VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.03%$186,0001.4K
100CLCOLGATE PALMOLIVE COCOM0.03%$185,0002.6K

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 ↗.