SEC 13F Intelligence

Managers / Q4 2022 · view latest →

JTC Employer Solutions Trustee Ltd

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

Reported Value
$1.2B
Q4 2022
Positions
396
Filings on Record
20
2021–present window
Filed
Jan 18, 2023
original filing

Summary

Jtc Employer Solutions Trustee Ltd reported $1.2B in U.S.-listed holdings across 396 positions for Q4 2022.

The portfolio is heavily concentrated: GSK alone accounts for 54.1% of reported value.

Compared with Q3 2022, the fund opened 81 new positions and exited 9.

Portfolio Metrics

Turnover
+1.4%
vs prior filed quarter
Top-10 Concentration
+81.3%
share of reported value
Largest Position
+54.1%
Gsk
New / Exited
81 / 9
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
ADR: 60.3%Common Stock: 30.9%ETP: 8.1%Other: 0.4%REIT: 0.2%Other: 0.1%
  • ADR · 60.3% · $705M
  • Common Stock · 30.9% · $360M
  • ETP · 8.1% · $95M
  • Other · 0.4% · $5M
  • REIT · 0.2% · $2M
  • Other · 0.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNOWSNOWFLAKE INCNEW+33.3K33.3K+$5M$5M
SYFSYNCHRONY FINANCIALNEW+145.0K145.0K+$5M$5M
CBRECBRE GROUP INCNEW+50.0K50.0K+$4M$4M
AALAMERICAN AIRLS GROUP INCNEW+244.7K244.7K+$3M$3M
LRNSTRIDE INCNEW+70.9K70.9K+$2M$2M
MNTKMONTAUK RENEWABLES INCNEW+197.9K197.9K+$2M$2M
DASHDOORDASH INCNEW+40.3K40.3K+$2M$2M
DANAOS CORPORATIONNEW+36.8K36.8K+$2M$2M

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

Holdings — Q4 2022

313 positions (from 396 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSKGSK PLChistory →SPONSORED ADR54.05%$631M17.97M
2HLNHALEON PLChistory →SPON ADS6.00%$70M8.76M
3JPMJPMORGAN CHASE & COhistory →COM3.93%$46M342.1K
4UNPUNION PAC CORPhistory →COM3.54%$41M199.6K
5EEMISHARES TRMSCI EMG MKT ETF · CORE S&P500 ETF · MSCI USA QLT FCT · MSCI INTL QUALTY · SELECT DIVID ETF · MSCI EURO FL ETF · IBOXX INV CP ETF · ISHARES BIOTECH · RUS 1000 GRW ETF · EXPANDED TECH · CORE MSCI TOTAL · GLOBAL FINLS ETF · US CONSM STAPLES · MSCI USA MMENTM · IBOXX HI YD ETF · S&P 500 VAL ETF · GLB CNS DISC 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 · MSCI GBL SUS DEV · RUSSELL 2000 ETF · BRAZIL SM-CP ETF · GL CLEAN ENE ETF · GLOBAL 100 ETF · MSCI INDONIA ETF3.35%$39M861.0K
6GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.02%$35M399.9K
7EQTEQT CORPhistory →COM2.35%$27M810.6K
8QQQINVESCO QQQ TRhistory →UNIT SER 11.86%$22M81.6K
9MSFTMICROSOFT CORPhistory →COM1.68%$20M81.8K
10COSTCOSTCO WHSL CORP NEWhistory →COM1.50%$18M38.5K
11AIGAMERICAN INTL GROUP INChistory →COM NEW1.42%$17M262.2K
12BACBANK AMERICA CORPhistory →COM1.17%$14M412.8K
13AAPLAPPLE INChistory →COM1.17%$14M104.9K
14CCITIGROUP INChistory →COM NEW0.96%$11M246.7K
15SPYSPDR S&P 500 ETF TRTR UNIT0.61%$7M18.7K
16AMZNAMAZON COM INCCOM0.58%$7M80.9K
17MAMASTERCARD INCORPORATEDCL A0.52%$6M17.6K
18GSLGLOBAL SHIP LEASE INC NEWCOM CL A0.52%$6M363.3K
19AXPAMERICAN EXPRESS COCOM0.47%$6M37.5K
20GDXJVANECK ETF TRUSTVANECK RUSSIA ET · JUNIOR GOLD MINE · GOLD MINERS ETF · AGRIBUSINESS ETF · URANIUM PLS NUCL0.42%$5M790.9K
21SNOWSNOWFLAKE INCCL A0.41%$5M33.3K
22SYFSYNCHRONY FINANCIALCOM0.41%$5M145.0K
23TDTORONTO DOMINION BK ONTCOM NEW0.40%$5M71.3K
24RCIROGERS COMMUNICATIONS INCCL B0.38%$4M95.2K
25AAALCOA CORPCOM0.37%$4M95.4K
26PYPLPAYPAL HLDGS INCCOM0.34%$4M55.1K
27CBRECBRE GROUP INCCL A0.33%$4M50.0K
28EWJISHARES INCMSCI JPN ETF NEW · MSCI BRAZIL ETF · MSCI GLB SLV&MTL · MSCI WORLD ETF · MSCI GBL GOLD MN · CORE MSCI EMKT · MSCI MEXICO ETF · MSCI TURKEY ETF0.33%$4M81.5K
29MBIMBIA INCCOM0.31%$4M281.5K
30BRK/ABERKSHIRE HATHAWAY INC DELCL A0.28%$3M7
31COFCAPITAL ONE FINL CORPCOM0.28%$3M35.0K
32AALAMERICAN AIRLS GROUP INCCOM0.27%$3M244.7K
33FCXFREEPORT-MCMORAN INCCL B0.26%$3M80.0K
34DALDELTA AIR LINES INC DELCOM NEW0.26%$3M92.3K
35VOOVANGUARD INDEX FDSS&P 500 ETF SHS · SMALL CP ETF · VALUE ETF · REAL ESTATE ETF0.25%$3M11.0K
36AAAUGOLDMAN SACHS PHYSICAL GOLDUNIT0.22%$3M139.6K
37DISDISNEY WALT COCOM0.20%$2M27.5K
38DIASPDR DOW JONES INDL AVERAGEUT SER 10.20%$2M7.0K
39LRNSTRIDE INCCOM0.19%$2M70.9K
40MNTKMONTAUK RENEWABLES INCCOM0.19%$2M197.9K
41CXCEMEX SAB DE CVSPON ADR NEW0.17%$2M502.0K
42DASHDOORDASH INCCL A0.17%$2M40.3K
43DANAOS CORPORATIONSHS0.17%$2M36.8K
44GSGOLDMAN SACHS GROUP INCCOM0.15%$2M5.2K
45LAZARD LTDSHS A0.13%$2M45.0K
46SLGSL GREEN RLTY CORPCOM0.13%$2M45.4K
47GLDSPDR GOLD TRGOLD SHS0.13%$1M8.7K
48NVDANVIDIA CORPORATIONCOM0.12%$1M9.7K
49CNICANADIAN NATL RY COCOM0.12%$1M11.7K
50VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EUROPE ETF · FTSE EMR MKT ETF0.11%$1M22.4K
51GLWCORNING INCCOM0.11%$1M40.0K
52ARKKARK ETF TRINNOVATION ETF · GENOMIC REV ETF · AUTNMUS TECHNLGY · NEXT GNRTN INTER0.11%$1M40.0K
53LIBERTY MEDIA CORP DELCOM C SIRIUSXM · COM A SIRIUSXM · COM SER C FRMLA · COM SER A FRMLA · COM C BRAVES GRP · COM A BRAVES GRP0.10%$1M28.8K
54QQQJINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · NASDAQNXTGEN100 · SR LN ETF · PFD ETF0.09%$1M22.4K
55RYROYAL BK CDA SUSTAINABLCOM0.08%$988,00010.5K
56XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · ENERGY · SBI INT-UTILS · RL EST SEL SEC0.08%$963,0008.2K
57MCDMCDONALDS CORPCOM0.08%$933,0003.5K
58ORCLORACLE CORPCOM0.08%$919,00011.3K
59QCOMQUALCOMM INCCOM0.07%$792,0007.2K
60URNMSPROTT FDS TRURANIUM MINERS E0.07%$784,00024.7K
61BARCLAYS BANK PLCDJUBS CMDT ETN360.07%$766,00022.7K
62LBRDKLIBERTY BROADBAND CORPCOM SER C · COM SER A0.06%$735,0009.7K
63KRANESHARES TRCSI CHI INTERNET · GLOBAL CARB STRA0.06%$727,00023.8K
64DEDEERE & COCOM0.06%$680,0001.6K
65EXMOCEXXON MOBIL CORPCOM0.06%$647,0005.9K
66CRMSALESFORCE INCCOM0.05%$619,0004.7K
67BXBLACKSTONE INCCOM0.05%$610,0008.2K
68PEPPEPSICO INCCOM0.05%$605,0003.3K
69CVXCHEVRON CORP NEWCOM0.05%$572,0003.2K
70DWMWISDOMTREE TRINTL EQUITY FD · JAPN HEDGE EQT · NEW ECON REAL ES · US LARGECAP DIVD · EMER MKT HIGH FD0.05%$572,00015.1K
71NKENIKE INCCL B0.05%$543,0004.6K
72KKRKKR & CO INCCOM0.04%$516,00011.1K
73METAMETA PLATFORMS INCCL A0.04%$490,0004.1K
74VGTVANGUARD WORLD FDSINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF0.04%$444,0002.4K
75PBAPEMBINA PIPELINE CORPCOM0.04%$433,00012.8K
76WYNNWYNN RESORTS LTDCOM0.04%$422,0005.1K
77UNHUNITEDHEALTH GROUP INCCOM0.04%$415,000772
78JNJJOHNSON & JOHNSONCOM0.03%$394,0002.2K
79MATINAS BIOPHARMA HLDGS INCCOM0.03%$384,000775.0K
80SCHHSCHWAB STRATEGIC TRUS REIT ETF0.03%$382,00019.9K
81MRKMERCK & CO INCCOM0.03%$375,0003.4K
82VVISA INCCOM CL A0.03%$353,0001.7K
83GMGENERAL MTRS COCOM0.03%$346,00010.3K
84SPTSPROUT SOCIAL INCCOM CL A0.03%$338,0006.0K
85NFLXNETFLIX INCCOM0.03%$329,0001.1K
86GENERAL ELECTRIC COCOM NEW0.03%$325,0003.9K
87XBISPDR SER TRS&P BIOTECH · BLOOMBERG HIGH Y · OILGAS EQUIP · ICE PFD SEC ETF0.03%$320,0004.5K
88COPCONOCOPHILLIPSCOM0.03%$319,0002.7K
89LILABLIBERTY LATIN AMERICA LTDCOM CL A · COM CL C0.03%$306,00040.5K
90BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.03%$294,0003.3K
91ABNBAIRBNB INCCOM CL A0.03%$293,0003.4K
92IIFMORGAN STANLEY INDIA INVT FDCOM0.02%$289,00014.2K
93ADMARCHER DANIELS MIDLAND COCOM0.02%$279,0003.0K
94EQXEQUINOX GOLD CORPCOM0.02%$269,00082.1K
95DKDELEK US HLDGS INC NEWCOM0.02%$265,0009.8K
96THOMSON REUTERS CORP.COM NEW0.02%$263,0002.3K
97PARAMOUNT GLOBALCLASS B COM0.02%$262,00015.5K
98TMUST-MOBILE US INCCOM0.02%$253,0001.7K
99FTVFORTIVE CORPCOM0.02%$246,0003.8K
100TQQQPROSHARES TRSHORT S&P 500 NE · ULTRAPRO QQQ · PSHS ULTSH 20YRS · ULT R/EST NEW · ULTSHT FINLS NEW0.02%$242,00013.2K

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 ↗.