SEC 13F Intelligence

Managers / Q3 2023 · view latest →

JTC Employer Solutions Trustee Ltd

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

Reported Value
$1.1B
Q3 2023
Positions
361
Filings on Record
20
2021–present window
Filed
Oct 10, 2023
original filing

Summary

Jtc Employer Solutions Trustee Ltd reported $1.1B in U.S.-listed holdings across 361 positions for Q3 2023.

The portfolio is heavily concentrated: GSK alone accounts for 42.0% of reported value.

Compared with Q2 2023, the fund opened 12 new positions and exited 18.

Portfolio Metrics

Turnover
+8.0%
vs prior filed quarter
Top-10 Concentration
+81.5%
share of reported value
Largest Position
+42.0%
Gsk
New / Exited
12 / 18
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: 49.8%Common Stock: 41.4%ETP: 7.7%Other: 0.7%REIT: 0.2%Other: 0.2%
  • ADR · 49.8% · $536M
  • Common Stock · 41.4% · $445M
  • ETP · 7.7% · $83M
  • Other · 0.7% · $8M
  • REIT · 0.2% · $2M
  • Other · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
USHYISHARES TRNEW+300.9K300.9K+$10M$10M
SCHPSCHWAB STRATEGIC TRNEW+68.9K68.9K+$4M$4M
LIBERTY MEDIA CORP DELNEW+15.2K15.2K+$387,000$387,000
FWONKLIBERTY MEDIA CORP DELNEW+3.3K3.3K+$207,000$207,000
LIBERTY MEDIA CORP DELNEW+6.7K6.7K+$169,000$169,000
LIBERTY MEDIA CORP DELNEW+3.9K3.9K+$126,000$126,000
COLOGLOBAL X FDSNEW+5.0K5.0K+$104,000$104,000
FWONALIBERTY MEDIA CORP DELNEW+1.7K1.7K+$94,000$94,000

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

Holdings — Q3 2023

279 positions (from 361 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSKGSK PLChistory →SPONSORED ADR41.96%$451M12.44M
2MSFTMICROSOFT CORPhistory →COM7.72%$83M262.9K
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C7.30%$79M599.6K
4HLNHALEON PLChistory →SPON ADS7.22%$78M9.32M
5JPMJPMORGAN CHASE & COhistory →COM4.54%$49M336.2K
6IVVISHARES TRCORE S&P500 ETF · BROAD USD HIGH · MSCI USA QLT FCT · MSCI INTL QUALTY · MSCI EURO FL ETF · SELECT DIVID ETF · EXPANDED TECH · IBOXX INV CP ETF · ISHARES BIOTECH · RUS 1000 GRW ETF · SHORT TREAS BD · MSCI EMG MKT ETF · CORE MSCI TOTAL · GLOBAL FINLS ETF · 7-10 YR TRSY BD · GLB CNS DISC ETF · IBOXX HI YD ETF · MSCI USA MMENTM · S&P 500 VAL ETF · US CONSM STAPLES · MSCI INDIA ETF · S&P MC 400GR ETF · S&P MC 400VL ETF · PFD AND INCM SEC · RUS 2000 VAL ETF · SP SMCP600VL ETF · JPMORGAN USD EMG · MSCI GBL SUS DEV · ROBOTICS ARTIF · MSCI INDONIA ETF4.00%$43M524.3K
7UNPUNION PAC CORPhistory →COM3.94%$42M207.9K
8COSTCOSTCO WHSL CORP NEWhistory →COM1.71%$18M32.5K
9AAPLAPPLE INChistory →COM1.63%$18M102.4K
10AIGAMERICAN INTL GROUP INChistory →COM NEW1.47%$16M261.0K
11BACBANK AMERICA CORPhistory →COM1.05%$11M412.8K
12AMZNAMAZON COM INChistory →COM0.98%$11M82.8K
13CCITIGROUP INChistory →COM NEW0.94%$10M246.7K
14SPYSPDR S&P 500 ETF TRTR UNIT0.75%$8M18.7K
15MAMASTERCARD INCORPORATEDCL A0.65%$7M17.8K
16GSLGLOBAL SHIP LEASE INC NEWCOM CL A0.62%$7M363.3K
17NVDANVIDIA CORPORATIONCOM0.55%$6M13.7K
18PAGAYA TECHNOLOGIES LTDCL A SHS0.55%$6M2.76M
19AXPAMERICAN EXPRESS COCOM0.52%$6M37.5K
20SNOWSNOWFLAKE INCCL A0.46%$5M32.5K
21QQQINVESCO QQQ TRUNIT SER 10.45%$5M13.6K
22VOOVANGUARD INDEX FDSS&P 500 ETF SHS · SMALL CP ETF · VALUE ETF · REAL ESTATE ETF0.42%$5M14.4K
23SYFSYNCHRONY FINANCIALCOM0.41%$4M145.0K
24TDTORONTO DOMINION BK ONTCOM NEW0.40%$4M71.3K
25EWJISHARES INCMSCI JPN ETF NEW · MSCI BRAZIL ETF · MSCI WORLD ETF · MSCI GLB SLV&MTL · MSCI GBL GOLD MN · CORE MSCI EMKT · MSCI MEXICO ETF · MSCI TURKEY ETF0.39%$4M81.5K
26SCHPSCHWAB STRATEGIC TRUS TIPS ETF · US REIT ETF0.36%$4M88.7K
27BRK/ABERKSHIRE HATHAWAY INC DELCL A0.35%$4M7
28RCIROGERS COMMUNICATIONS INCCL B0.35%$4M96.7K
29CBRECBRE GROUP INCCL A0.34%$4M50.0K
30COFCAPITAL ONE FINL CORPCOM0.32%$3M35.0K
31DALDELTA AIR LINES INC DELCOM NEW0.31%$3M90.0K
32CXCEMEX SAB DE CVSPON ADR NEW0.30%$3M502.0K
33PYPLPAYPAL HLDGS INCCOM0.30%$3M55.1K
34DASHDOORDASH INCCL A0.30%$3M40.3K
35AALAMERICAN AIRLS GROUP INCCOM0.29%$3M244.7K
36FCXFREEPORT-MCMORAN INCCL B0.28%$3M80.0K
37AAALCOA CORPCOM0.26%$3M95.4K
38TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.25%$3M30.3K
39DIASPDR DOW JONES INDL AVERAGEUT SER 10.22%$2M7.0K
40DISDISNEY WALT COCOM0.21%$2M27.2K
41MBIMBIA INCCOM0.19%$2M280.0K
42MNTKMONTAUK RENEWABLES INCCOM0.17%$2M197.9K
43SLGSL GREEN RLTY CORPCOM0.16%$2M45.4K
44ARKKARK ETF TRINNOVATION ETF · AUTNMUS TECHNLGY · NEXT GNRTN INTER · GENOMIC REV ETF0.15%$2M40.0K
45VTVANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · FTSE EUROPE ETF · FTSE EMR MKT ETF0.13%$1M22.4K
46LAZARD LTDSHS A0.13%$1M45.0K
47VGTVANGUARD WORLD FDSINF TECH ETF · HEALTH CAR ETF · FINANCIALS ETF0.13%$1M4.4K
48CNICANADIAN NATL RY COCOM0.12%$1M12.2K
49GLDSPDR GOLD TRGOLD SHS0.12%$1M7.7K
50URNMSPROTT FDS TRURANIUM MINERS E · ENERGY TRANSITIN0.11%$1M28.6K
51METAMETA PLATFORMS INCCL A0.11%$1M4.1K
52GLWCORNING INCCOM0.11%$1M40.0K
53QCOMQUALCOMM INCCOM0.11%$1M10.2K
54FWONKLIBERTY MEDIA CORP DELCOM LBTY SRM S C · COM LBTY ONE S C · COM LBTY SRM S A · COM LBTY LIV S C · COM LBTY ONE S A · COM LBTY LIV S A0.10%$1M32.5K
55QQQJINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · NASDAQNXTGEN100 · SR LN ETF · PFD ETF0.09%$935,00022.4K
56MCDMCDONALDS CORPCOM0.09%$932,0003.5K
57BXBLACKSTONE INCCOM0.08%$881,0008.2K
58LBRDKLIBERTY BROADBAND CORPCOM SER C · COM SER A0.08%$880,0009.7K
59XLVSELECT SECTOR SPDR TRSBI HEALTHCARE · FINANCIAL · SBI INT-UTILS · RL EST SEL SEC0.08%$871,0009.2K
60RYROYAL BK CDACOM0.08%$813,0009.3K
61BARCLAYS BANK PLCDJUBS CMDT ETN360.07%$730,00022.7K
62KKRKKR & CO INCCOM0.06%$685,00011.1K
63KRANESHARES TRCSI CHI INTERNET · GLOBAL CARB STRA0.06%$663,00023.8K
64DWMWISDOMTREE TRINTL EQUITY FD · JAPN HEDGE EQT · NEW ECON REAL ES · US LARGECAP DIVD · EMER MKT HIGH FD0.06%$622,00015.1K
65DEDEERE & COCOM0.06%$598,0001.6K
66PEPPEPSICO INCCOM0.05%$568,0003.3K
67CVXCHEVRON CORP NEWCOM0.05%$538,0003.2K
68EXMOCEXXON MOBIL CORPCOM0.05%$514,0004.4K
69GDXVANECK ETF TRUSTGOLD MINERS ETF · AGRIBUSINESS ETF · JUNIOR GOLD MINE · URANIUM PLS NUCL0.05%$490,00012.1K
70ORCLORACLE CORPCOM0.04%$482,0004.6K
71VVISA INCCOM CL A0.04%$475,0002.1K
72ABNBAIRBNB INCCOM CL A0.04%$471,0003.4K
73NKENIKE INCCL B0.04%$444,0004.6K
74UNHUNITEDHEALTH GROUP INCCOM0.04%$442,000898
75NFLXNETFLIX INCCOM0.04%$422,0001.1K
76PBAPEMBINA PIPELINE CORPCOM0.04%$383,00012.8K
77CCJCAMECO CORPCOM0.04%$379,0009.6K
78MMM3M COCOM0.03%$367,0003.9K
79TGTTARGET CORPCOM0.03%$350,0003.2K
80JNJJOHNSON & JOHNSONCOM0.03%$347,0002.2K
81EQXEQUINOX GOLD CORPCOM0.03%$345,00082.1K
82GMGENERAL MTRS COCOM0.03%$340,00010.3K
83TSLATESLA INCCOM0.03%$334,0001.3K
84LILABLIBERTY LATIN AMERICA LTDCOM CL A · COM CL C0.03%$330,00040.5K
85AAAUGOLDMAN SACHS PHYSICAL GOLDUNIT0.03%$326,00017.8K
86COPCONOCOPHILLIPSCOM0.03%$324,0002.7K
87IIFMORGAN STANLEY INDIA INVT FDCOM0.03%$318,00014.2K
88XBISPDR SER TRS&P BIOTECH · BLOOMBERG HIGH Y · OILGAS EQUIP · ICE PFD SEC ETF0.03%$317,0004.5K
89MPCMARATHON PETE CORPCOM0.03%$309,0002.0K
90SPTSPROUT SOCIAL INCCOM CL A0.03%$298,0006.0K
91WSOWATSCO INCCOM0.03%$294,000780
92BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.03%$289,0003.3K
93GENERAL ELECTRIC COCOM NEW0.03%$278,0002.5K
94DKDELEK US HLDGS INC NEWCOM0.03%$278,0009.8K
95COLOGLOBAL X FDSGLBX MSCI COLUM · GLOBAL X URANIUM · MSCI GREECE ETF · GLOBAL X COPPER · GBL X MSCI NIGER0.02%$261,00011.8K
96TMUST-MOBILE US INCCOM0.02%$253,0001.7K
97CATCATERPILLAR INCCOM0.02%$251,000920
98WMTWALMART INCCOM0.02%$240,0001.5K
99AZOAUTOZONE INCCOM0.02%$226,00089
100ADMARCHER DANIELS MIDLAND COCOM0.02%$226,0003.0K

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 ↗.