JTC Employer Solutions Trustee Ltd

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), JTC Employer Solutions Trustee Ltd reported 309 stock positions worth $1.0 billion. Its top holding was GSK PLC-Spon ADR (GSK) at 54.9% of the portfolio, followed by JPMorgan Chase (JPM, 6.8%) and Union Pacific (UNP, 4.6%). Compared with Q1 2025, it opened 6 new positions, sold out of 14, added to 12 and reduced 46. The biggest buy was iShares Bitcoin Trust ETF (IBIT, shares +774%) and the biggest sale Alphabet Class A (GOOGL, shares −84%).

Most Recent 13F
Q2 2026
Location
ST HELIER, Y9
CIK
0001875645
Portfolio Value
$1.0B (Q2 2025)
SEC Filing
0001875645-25-000005 ↗ filed Jul 29, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.0B $1.0B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 309 stocks · $1.0B
GSK GSK PLC-Spon ADR 54.90% 14,997,384 $575.7M Reduce -1.7%
JPM JPMorgan Chase & Co. 6.82% 246,878 $71.5M Reduce -19.8%
UNP Union Pacific Corp. 4.56% 207,900 $47.8M No change
IBIT iShares Bitcoin Trust ETF 2.43% 415,961 $25.5M Add +773.6%
AAPL Apple Inc. 1.72% 88,116 $18.1M Add +1.6%
COST Costco Wholesale Corp. 1.46% 15,477 $15.3M Reduce -39.3%
C Citigroup Inc. 1.43% 175,783 $15.0M Reduce -12.4%
AIG American International Group 1.40% 171,000 $14.6M Reduce -22.6%
TSM Taiwan Semiconductor-SP ADR 1.32% 61,101 $13.8M Reduce -12.8%
NVDA Nvidia Corp. 1.28% 85,298 $13.5M Reduce -76.5%
MA Mastercard Inc. Class A 1.21% 22,621 $12.7M Reduce -0.6%
USHY iShares Broad Usd High Yield 1.11% 310,219 $11.6M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.09% 241,805 $11.4M Reduce -29.3%
AMZN Amazon.com Inc. 0.93% 44,317 $9.7M Reduce -79.4%
GSL Global Ship Lease Inc. Class A 0.91% 363,258 $9.6M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.82% 13,992 $8.6M No change
GOOGL Alphabet Inc. Class A 0.75% 44,684 $7.9M Reduce -84.0%
GOOG Alphabet Inc. Class C 0.71% 42,256 $7.5M Reduce -21.7%
QQQ Invesco QQQ Trust Series 1 0.70% 13,219 $7.3M Reduce -14.2%
AXP American Express Co. 0.68% 22,500 $7.2M Reduce -18.2%
BRK.A Berkshire Hathaway Inc. Class A 0.63% 9 $6.6M No change
COF Capital One Financial Corp. 0.59% 29,320 $6.2M Reduce -25.4%
TD Toronto-Dominion Bank 0.50% 71,315 $5.2M No change
SYF Synchrony Financial 0.48% 75,000 $5.0M Reduce -31.8%
CBRE CBRE Group Inc. Class A 0.47% 35,000 $4.9M Reduce -30.0%
VOO Vanguard S&P 500 ETF 0.44% 8,055 $4.6M Reduce -8.8%
IVV iShares Core S&P 500 ETF 0.42% 7,026 $4.4M No change
PLAB Photronics Inc. 0.37% 191,856 $3.9M No change
SCHP Schwab U.S. Tips ETF 0.36% 141,964 $3.8M No change
EWJ iShares MSCI Japan ETF 0.35% 48,837 $3.7M No change
HLN Haleon PLC-ADR 0.32% 322,762 $3.3M Reduce -24.7%
GLD SPDR Gold Shares 0.32% 10,953 $3.3M Add +16.8%
RCI Rogers Communications Inc. Class B 0.29% 103,931 $3.1M Add +1.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.29% 6,868 $3.0M No change
MSFT Microsoft Corp. 0.29% 6,032 $3.0M Reduce -91.3%
META Meta Platforms Inc. Class A 0.29% 4,058 $3.0M Reduce -93.2%
FCX Freeport-McMoran Inc. 0.25% 60,000 $2.6M Reduce -25.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.23% 19,146 $2.4M Reduce -20.7%
ARKK ARK Innovation ETF 0.22% 32,152 $2.3M Reduce -2.1%
GLW Corning Inc. 0.20% 40,000 $2.1M No change
CX Cemex Sab-Spons ADR Part Cer 0.20% 301,972 $2.1M Reduce -24.9%
AAL American Airlines Group Inc. 0.20% 184,687 $2.1M Reduce -24.5%
PYPL PayPal Holdings Inc. 0.16% 22,580 $1.7M Reduce -30.7%
INDA iShares MSCI India ETF 0.15% 28,000 $1.6M No change
BABA Alibaba Group Holding-SP ADR 0.14% 13,170 $1.5M No change
NFLX Netflix Inc. 0.14% 1,061 $1.4M No change
ORCL Oracle Corp. 0.13% 6,330 $1.4M Add +0.0%
VGT Vanguard Info Tech ETF 0.13% 2,028 $1.3M No change
SLG SL Green Realty Corp. 0.12% 20,397 $1.3M Reduce -42.4%
CNI Canadian Natl Railway Co. 0.12% 11,700 $1.2M No change
SNREY Sunrise Communicat Class A 0.11% 21,220 $1.2M Reduce -32.0%
IAU iShares Gold Trust 0.11% 17,820 $1.1M Add +949.5%
PLTR Palantir Technologies Inc. Class A 0.11% 8,099 $1.1M No change
AA Alcoa Corp. 0.10% 35,437 $1.0M Reduce -29.7%
MCD McDonald's Corp. 0.10% 3,540 $1.0M No change
LBRDK Liberty Broadband-C 0.10% 10,332 $1.0M No change
IGV iShares Expanded Tech-Softwa 0.09% 9,011 $987K No change
VT Vanguard Tot World STK ETF 0.09% 7,500 $964K No change
SPLV Invesco S&P 500 Low Volatili 0.09% 13,000 $947K No change
KKR KKR & Co. Inc. 0.08% 6,657 $885K Add +46.5%
IWF iShares Russell 1000 Growth 0.08% 2,016 $856K No change
DE Deere & Co. 0.08% 1,585 $805K No change
MBI Mbia Inc. 0.07% 180,000 $782K Reduce -35.7%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.07% 22,690 $771K No change
CSCO Cisco Systems Inc. 0.07% 10,753 $746K No change
DAL Delta Air Lines Inc. 0.07% 15,000 $737K Reduce -70.0%
XLV SS Health Care Select Sector 0.07% 5,400 $728K No change
KWEB Kranesh Csi China Internet 0.07% 20,340 $699K No change
V Visa Inc. Class A 0.06% 1,700 $603K No change
ETH Grayscale Ethereum Staking M 0.06% 25,000 $593K No change
AAAU Goldman Sachs Physical Gold 0.06% 17,823 $583K No change
BIDU Baidu Inc. - Spon ADR 0.05% 6,662 $570K No change
MMM 3M Co. 0.05% 3,615 $550K No change
RSP Invesco S&P 500 Equal Weight 0.05% 3,000 $545K No change
IXG iShares Global Financials Et 0.05% 4,700 $522K No change
SCHW Schwab (charles) Corp. 0.05% 5,670 $517K No change
GE General Electric filed as GE AEROSPACE 0.05% 1,890 $485K Reduce -20.9%
QCOM Qualcomm Inc. 0.05% 3,000 $478K No change
PBA Pembina Pipeline Corp. 0.05% 12,750 $477K No change
COHR Coherent Corp. 0.05% 5,308 $474K Reduce -82.1%
TSLA Tesla Inc. 0.04% 1,442 $458K No change
CVX Chevron Corp. 0.04% 3,186 $456K Reduce -79.0%
MNTK Montauk Renewables Inc. 0.04% 197,859 $446K No change
WMT Walmart Inc. 0.04% 4,500 $440K No change
SIRI Sirius XM Holdings Inc. 0.04% 18,308 $421K No change
SCHH Schwab US REIT ETF 0.04% 19,850 $419K No change
XOM Exxon Mobil Corp. 0.04% 3,789 $409K Reduce -81.8%
NEM Newmont Corp. 0.04% 7,000 $408K Reduce -7.4%
APH Amphenol Corp. Class A 0.04% 5,762 $406K Add +99.5%
URNM Sprott Uranium Miners ETF 0.04% 8,500 $406K No change
WMB Williams Cos Inc. 0.04% 6,473 $406K No change
EQX Equinox Gold Corp. 0.04% 69,125 $398K No change
VWO Vanguard Ftse Emerging Marke 0.04% 8,020 $397K No change
PFE Pfizer Inc. 0.03% 15,000 $364K No change
MTUM iShares MSCI USA Momentum Fa 0.03% 1,502 $361K No change
AMD Advanced Micro Devices 0.03% 2,508 $356K No change
WSO Watsco Inc. 0.03% 780 $344K No change
JNJ Johnson & Johnson 0.03% 2,230 $340K No change
EUFN iShares MSCI Europe Financia 0.03% 10,600 $335K No change
NKE Nike Inc. Class B 0.03% 4,640 $330K No change
EEM iShares MSCI Emerging Market 0.03% 6,718 $324K No change
B Barrick Mining Corp. 0.03% 15,422 $321K No change
LLYVK Liberty Media Corp.-Liberty-C 0.03% 3,944 $321K No change
SHV iShares 0-1 Year Treasury Bo 0.03% 2,882 $318K Reduce -31.9%
EUAD Select Stoxx Eur Aer DE ETF 0.03% 7,053 $304K No change
CARR Carrier Global Corp. 0.03% 4,051 $296K Add +0.2%
MRK Merck & Co. Inc. 0.03% 3,729 $295K No change
BX Blackstone Inc. 0.03% 1,960 $293K No change
MCO Moody's Corp. 0.03% 579 $290K No change
RXI iShares Global Consumer Disc 0.03% 1,511 $284K No change
VIG Vanguard Dividend Apprec ETF 0.03% 1,375 $281K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.03% 8,300 $280K No change
TGT Target Corp. 0.03% 2,800 $276K No change
SYK Stryker Corp. 0.03% 680 $269K No change
DWM Wisdomtree International Equ 0.03% 4,226 $268K No change
IVE iShares S&P 500 Value ETF 0.03% 1,353 $264K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.03% 2,399 $263K No change
FMC FMC Corp. 0.02% 6,100 $255K No change
BKNG Booking Holdings Inc. 0.02% 43 $249K No change
HWM Howmet Aerospace Inc. 0.02% 1,312 $244K No change
RTX RTX Corp. 0.02% 1,671 $244K Add +0.1%
COP Conocophillips 0.02% 2,706 $243K No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.02% 600 $243K No change
CL Colgate-Palmolive Co. 0.02% 2,622 $239K No change
KO The Coca-Cola Co. 0.02% 3,332 $236K No change
PEP Pepsico Inc. 0.02% 1,770 $234K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.02% 1,280 $226K No change
DXJ Wisdomtree Japan Hedged Eq 0.02% 1,975 $226K No change
EWZ iShares MSCI Brazil ETF 0.02% 7,730 $223K Add +87.2%
GEV GE Vernova Inc. 0.02% 416 $220K Reduce -30.3%
VB Vanguard Most SM-Cap ETF-Usd 0.02% 925 $219K No change
IJK iShares S&P Mid-Cap 400 Grow 0.02% 2,360 $215K No change
MS Morgan Stanley 0.02% 1,500 $211K No change
GDX Vaneck Gold Miners ETF 0.02% 4,043 $210K No change
TXN Texas Instruments Inc. 0.02% 1,000 $208K No change
RY Royal Bank of Canada 0.02% 1,550 $203K Reduce -9.1%
CAT Caterpillar Inc. 0.02% 520 $202K No change
HD Home Depot Inc. 0.02% 552 $202K No change
AEM Agnico Eagle Mines Ltd. 0.02% 1,680 $200K No change
ARKQ ARK Autonomous Tech & Robot 0.02% 2,165 $193K No change
PFF iShares Preferred & Income S 0.02% 6,200 $190K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 1,496 $185K No change
CP Canadian Pacific Kansas City 0.02% 2,274 $181K No change
RITM Rithm Capital Corp. 0.02% 16,000 $180K No change
SPHR Sphere Entertainment Co. 0.02% 4,300 $179K No change
MO Altria Group Inc. 0.02% 3,000 $176K No change
SLVP iShares MSCI Global Silver A 0.02% 9,750 $174K No change
TQQQ Proshares Ultrapro QQQ 0.02% 3,880 $174K No change
MSGE Madison Square Garden Entert 0.02% 4,300 $172K No change
PM Philip Morris International 0.02% 944 $172K No change
ARKW ARK Next Generation Technolo 0.02% 1,145 $169K Reduce -35.3%
LBRDA Liberty Broadband-A 0.02% 1,663 $163K No change
TMO Thermo Fisher Scientific Inc. 0.02% 299 $163K No change
XEMDX Western Asset Emrg MRKT DBT 0.02% 16,138 $162K No change
PSX Phillips 66 0.02% 1,353 $161K No change
ADM Archer-Daniels-Midland Co. 0.02% 3,000 $158K No change
FWONA Liberty Media Corp. Class A 0.02% 1,663 $158K No change
WFC Wells Fargo & Co. 0.01% 1,906 $153K No change
LI Li Auto Inc. - ADR 0.01% 5,580 $151K Reduce -26.5%
URTH iShares MSCI World ETF 0.01% 878 $149K No change
GLPI Gaming and Leisure Propertie 0.01% 3,126 $146K No change
VFH Vanguard Financials ETF 0.01% 1,148 $146K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.01% 1,595 $144K No change
CPNG Coupang Inc. 0.01% 4,800 $144K No change
AR Antero Resources Corp. 0.01% 3,500 $141K No change
MU Micron Technology Inc. 0.01% 1,959 $141K No change
MKL Markel Group Inc. 0.01% 70 $140K No change
LLYVA Liberty Media Corp.-Liberty-A 0.01% 1,734 $138K No change
PSLV Sprott Physical Silver Trust 0.01% 11,245 $138K No change
HSAI Hesai Group 0.01% 6,231 $137K Add +117.6%
SNOW Snowflake Inc. 0.01% 600 $134K No change
GDXJ Vaneck Junior Gold Miners 0.01% 1,977 $134K No change
MOO Vaneck Agribusiness ETF 0.01% 1,802 $133K No change
URA Global X Uranium ETF 0.01% 3,309 $129K No change
EDEN iShares MSCI Denmark ETF 0.01% 1,018 $129K No change
SONY Sony Group Corp. - SP ADR 0.01% 4,950 $129K No change
XBI SS SPDR S&P Biotech ETF 0.01% 1,550 $128K No change
CNQ Canadian Natural Resources 0.01% 4,000 $125K No change
VGK Vanguard Ftse Europe ETF 0.01% 1,584 $123K No change
SAND Sandstorm Gold Ltd. 0.01% 12,998 $122K No change
XLF SS Financial Select Sector 0.01% 2,317 $121K No change
COIN Coinbase Global Inc. Class A 0.01% 342 $120K No change
DLN Wisdomtree US Largecap Divid 0.01% 1,465 $120K No change
RGTI Rigetti Computing Inc. 0.01% 10,000 $118K No change
WTRE Wisdomtree New Economy Real 0.01% 5,800 $113K No change
PG The Procter & Gamble Co. 0.01% 679 $109K No change
MEOH Methanex Corp. 0.01% 3,250 $108K No change
HASI Ha Sustainable Infrastructur 0.01% 4,000 $107K No change
SLV iShares Silver Trust 0.01% 3,260 $107K No change
NIO Nio Inc. - ADR 0.01% 31,051 $107K No change
SYM Symbotic Inc. 0.01% 2,694 $105K New
LILAK Liberty Latin Americ Class C 0.01% 16,326 $102K Reduce -0.1%
STWD Starwood Property Trust Inc. 0.01% 5,000 $100K No change
SH Proshares Short S&P500 0.01% 2,500 $99K No change
JNK SS SPDR BB High Yield Bond 0.01% 1,000 $97K No change
VTI VG Morningstar TS MKT ETF-US 0.01% 320 $97K No change
BDX Becton Dickinson and Co. 0.01% 560 $96K No change
SOXX iShares Semiconductor ETF 0.01% 400 $95K No change
GILD Gilead Sciences Inc. 0.01% 840 $94K No change
BTG B2GOLD Corp. 0.01% 25,900 $93K No change
IONQ Ionq Inc. 0.01% 2,110 $91K No change
HIMX Himax Technologies Inc.-ADR 0.01% 10,000 $89K No change
XEFRX Eaton Vance Sr FLTG Rate TR 0.01% 7,000 $85K No change
IMCR Immunocore Holdings PLC-ADR 0.01% 2,658 $84K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 860 $84K No change
SILJ Amplify Junior Silver Miners 0.01% 5,600 $83K No change
INTC Intel Corp. 0.01% 3,607 $81K No change
IWM iShares Russell 2000 ETF 0.01% 375 $81K No change
OTIS Otis Worldwide Corp. 0.01% 822 $81K No change
DEM Wisdomtree Emerging Markets 0.01% 1,676 $76K No change
BHK BlackRock Core Bond Trust 0.01% 7,200 $70K No change
GSBD Goldman Sachs BDC Inc. 0.01% 6,262 $70K No change
TDF Templeton Dragon Fund Inc. 0.01% 7,007 $70K No change
GM General Motors Co. 0.01% 1,407 $69K No change
SOLV Solventum Corp. 0.01% 903 $69K No change
FDX FedEx Corp. 0.01% 300 $68K No change
SWTX Springworks Therapeutics Inc. 0.01% 1,450 $68K No change
SETM Sprott Critical Material ETF 0.01% 3,900 $68K No change
SPG Simon Property Group Inc. 0.01% 412 $66K No change
ALB Albemarle Corp. 0.01% 1,000 $63K No change
MDLZ Mondelez International Inc. Class A 0.01% 925 $62K No change
BF.B Brown-Forman Corp. Class B 0.01% 2,235 $60K No change
VTMX Corp. Inmobiliaria Vesta-ADR filed as VESTA REAL ESTATE CORP 0.01% 2,184 $60K No change
ADPT Adaptive Biotechnologies 0.01% 5,109 $59K No change
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.01% 1,500 $59K No change
GEHC GE Healthcare Technology 0.01% 797 $59K No change
GS Goldman Sachs Group Inc. 0.01% 179 $59K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 197 $58K No change
TMV Dir Da 20+YR Tre Be 3X ETF-U 0.01% 1,548 $57K No change
SNAP Snap Inc. Class A 0.01% 6,107 $53K No change
IJS iShares S&P Small-Cap 600 Va 0.01% 526 $52K No change
DRS Leonardo DRS Inc. 0.01% 1,400 $52K No change
EDD Morgan Stanley Emrg MRK Dom 0.01% 10,148 $52K No change
DOCN Digitalocean Holdings Inc. 0.00% 1,315 $50K No change
GREK Global X MSCI Greece ETF 0.00% 850 $49K No change
PINS Pinterest Inc. Class A 0.00% 1,375 $49K No change
EMB iShares JP Morgan Usd Emergi 0.00% 500 $46K No change
PGX Invesco Preferred ETF 0.00% 3,617 $40K No change
SDG Ish MSCI Glob Sust Deve Goal 0.00% 508 $39K No change
UNH Unitedhealth Group Inc. 0.00% 126 $39K No change
RERE Atrenew Inc. 0.00% 10,900 $36K No change
VZ Verizon Communications Inc. 0.00% 825 $36K No change
DELL Dell Technologies -C 0.00% 288 $35K No change
BBAI Bigbear.ai Holdings Inc. 0.00% 5,000 $34K Reduce -50.0%
NNE Nano Nuclear Energy Inc. 0.00% 984 $34K No change
BATRA Atlanta Braves Holdings in-A 0.00% 665 $33K No change
PRME Prime Medicine Inc. 0.00% 13,249 $33K New
SOUN Soundhound AI Inc. Class A 0.00% 3,038 $33K No change
SF Stifel Financial Corp. 0.00% 321 $33K No change
HPQ HP Inc. 0.00% 1,239 $30K No change
JBTM JBT Marel Corp. 0.00% 237 $29K No change
SPT Sprout Social Inc. Class A 0.00% 1,375 $29K No change
SMCI Super Micro Computer Inc. 0.00% 600 $29K No change
EXAS Exact Sciences Corp. 0.00% 500 $27K No change
COPX Global X Copper Miners ETF 0.00% 606 $27K No change
SD Sandridge Energy Inc. 0.00% 2,500 $27K No change
ACMR Acm Research Inc. Class A 0.00% 1,000 $26K No change
LION Lionsgate Studios Corp. 0.00% 4,514 $26K New
QSI Quantum-Si Inc. 0.00% 13,340 $26K New
PATH Uipath Inc. Class A 0.00% 2,068 $26K No change
XPEV Xpeng Inc. - ADR 0.00% 1,271 $23K No change
F Ford Motor Co. filed as FORD MTR CO 0.00% 2,021 $22K No change
URE Proshares Ultra Real Estate 0.00% 356 $22K No change
DNN Denison Mines Corp. 0.00% 11,356 $21K No change
NTR Nutrien Ltd. 0.00% 361 $21K No change
T AT&T Inc. 0.00% 700 $20K No change
WAB Wabtec Corp. 0.00% 101 $20K No change
EWW iShares MSCI Mexico ETF 0.00% 275 $17K No change
MSD Morgan Stanley Emrg MKT Debt 0.00% 2,100 $16K No change
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.00% 450 $16K No change
BKSY Blacksky Technology Inc. 0.00% 750 $15K No change
HRTX Heron Therapeutics Inc. 0.00% 6,500 $13K No change
RXRX Recursion Pharmaceuticals-A 0.00% 2,392 $12K No change
NLY Annaly Capital Management Inc. 0.00% 605 $11K No change
COLO Global X MSCI Colombia ETF 0.00% 371 $11K No change
XBIO Xenetic Biosciences Inc. 0.00% 2,700 $11K No change
FOXA Fox Corp. Class A 0.00% 166 $9K No change
CRBP Corbus Pharmaceuticals Holdi 0.00% 1,106 $8K No change
FANG Diamondback Energy Inc. 0.00% 56 $8K No change
MRNA Moderna Inc. 0.00% 300 $8K No change
PJT PJT Partners Inc. Class A 0.00% 48 $8K No change
CDLR Cadeler A/S-ADR 0.00% 298 $6K No change
FSLR First Solar Inc. 0.00% 32 $5K No change
EIDO iShares MSCI Indonesia ETF 0.00% 300 $5K No change
XLRE SS Real Estate Select Sector 0.00% 125 $5K No change
STRZ Starz Entertainment Corp. 0.00% 300 $5K New
VRTS Virtus Investment Partners 0.00% 25 $5K No change
STNG Scorpio Tankers Inc. 0.00% 128 $5K No change
BP BP PLC-Spons ADR 0.00% 146 $4K Reduce -92.6%
NWSA News Corp. Class A 0.00% 125 $4K No change
NOK Nokia Corp.-Spon ADR 0.00% 751 $4K No change
VTRS Viatris Inc. 0.00% 372 $4K No change
BYND Beyond Meat Inc. 0.00% 750 $3K No change
TUR iShares MSCI Turkey ETF 0.00% 100 $3K No change
UAA Under Armour Inc. Class A 0.00% 400 $3K No change
UA Under Armour Inc. Class C 0.00% 402 $3K No change
AEG Aegon Ltd.-NY Reg SHR 0.00% 333 $2K No change
BB Blackberry Ltd. 0.00% 525 $2K No change
OGN Organon & Co. 0.00% 200 $2K No change
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.00% 1,500 $2K No change
WBD Warner Bros Discovery Inc. 0.00% 169 $2K No change
EMBC Embecta Corp. 0.00% 112 $1K No change
SKF Proshares Ultshrt Financials 0.00% 44 $1K No change
QVCAQ QVC Group Inc. 0.00% 492 $1K No change
VOD Vodafone Group PLC-SP ADR 0.00% 128 $1K No change
NGVT Ingevity Corp. 0.00% 4 $0 No change
KD Kyndryl Holdings Inc. 0.00% 31 $0 No change
CHRD Chord Energy Corp. 0.00% 1 $0 No change
LILA Liberty Latin Americ Class A 0.00% 1 $0 Reduce -100.0%
Other holdings (1): bonds, preferreds, convertibles and warrants · $0 (not counted above)
SecurityClassShares / PrincipalValueChange
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 109$0No change

Portfolio Sells Q1 2025 → Q2 2025
GOOGL Alphabet Inc. Class A Reduce -84.0% 0.75% −2.79
META Meta Platforms Inc. Class A Reduce -93.2% 0.29% −2.53
AMZN Amazon.com Inc. Reduce -79.4% 0.93% −2.43
NVDA Nvidia Corp. Reduce -76.5% 1.28% −1.95
MSFT Microsoft Corp. Reduce -91.3% 0.29% −1.85
COST Costco Wholesale Corp. Reduce -39.3% 1.46% −0.52
DDOG Datadog Inc. Class A Sold out 0.00% −0.20
AIG American International Group Reduce -22.6% 1.40% −0.18
CVX Chevron Corp. Reduce -79.0% 0.04% −0.17
XOM Exxon Mobil Corp. Reduce -81.8% 0.04% −0.16
COHR Coherent Corp. Reduce -82.1% 0.05% −0.11
DAL Delta Air Lines Inc. Reduce -70.0% 0.07% −0.11
BAC Bank of America Corp. Reduce -29.3% 1.09% −0.08
CBRE CBRE Group Inc. Class A Reduce -30.0% 0.47% −0.07
SLG SL Green Realty Corp. Reduce -42.4% 0.12% −0.05
HLN Haleon PLC-ADR Reduce -24.7% 0.32% −0.04
MBI Mbia Inc. Reduce -35.7% 0.07% −0.04
JAAA Janus Henderson Aaa Clo ETF Sold out 0.00% −0.03
AA Alcoa Corp. Reduce -29.7% 0.10% −0.03
FWONK Liberty Media Corp. Class C Sold out 0.00% −0.02
PDO PIMCO Dynamic Income Opport Sold out 0.00% −0.02
IYK iShares US Consumer Staples Sold out 0.00% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −0.02
PYPL PayPal Holdings Inc. Reduce -30.7% 0.16% −0.01
AAL American Airlines Group Inc. Reduce -24.5% 0.20% −0.01
EXPE Expedia Group Inc. Sold out 0.00% −0.01
LYV Live Nation Entertainment Inc. Sold out 0.00% −0.01
LILA Liberty Latin Americ Class A Reduce -100.0% 0.00% −0.01
IBB iShares Biotechnology ETF Sold out 0.00% −0.01
SAN Banco Santander SA-Spon ADR Sold out 0.00% −0.01
SNREY Sunrise Communicat Class A Reduce -32.0% 0.11% −0.01
SHV iShares 0-1 Year Treasury Bo Reduce -31.9% 0.03% −0.01
BP BP PLC-Spons ADR Reduce -92.6% 0.00% −0.01
BATRK Atlanta Braves Holdings in-C Sold out 0.00% −0.00
LGF.B Lions Gate Entertainment-B Sold out 0.00% −0.00
AI C3.AI Inc. Class A Sold out 0.00% −0.00
LI Li Auto Inc. - ADR Reduce -26.5% 0.01% −0.00
AU Anglogold Ashanti PLC Sold out 0.00% −0.00
SYF Synchrony Financial Reduce -31.8% 0.48% −0.00
FCX Freeport-McMoran Inc. Reduce -25.0% 0.25% −0.00
BBAI Bigbear.ai Holdings Inc. Reduce -50.0% 0.00% +0.00
LILAK Liberty Latin Americ Class C Reduce -0.1% 0.01% +0.00
ARKW ARK Next Generation Technolo Reduce -35.3% 0.02% +0.00
RY Royal Bank of Canada Reduce -9.1% 0.02% +0.00
GEV GE Vernova Inc. Reduce -30.3% 0.02% +0.01
GE General Electric Reduce -20.9% 0.05% +0.01
NEM Newmont Corp. Reduce -7.4% 0.04% +0.01
CX Cemex Sab-Spons ADR Part Cer Reduce -24.9% 0.20% +0.01
COF Capital One Financial Corp. Reduce -25.4% 0.59% +0.02
GOOG Alphabet Inc. Class C Reduce -21.7% 0.71% +0.02

Portfolio Buys Q1 2025 → Q2 2025
IBIT iShares Bitcoin Trust ETF Add +773.6% 2.43% +2.24
AAPL Apple Inc. Add +1.6% 1.72% +0.14
IAU iShares Gold Trust Add +949.5% 0.11% +0.10
GLD SPDR Gold Shares Add +16.8% 0.32% +0.10
RCI Rogers Communications Inc. Class B Add +1.4% 0.29% +0.07
ORCL Oracle Corp. Add +0.0% 0.13% +0.06
KKR KKR & Co. Inc. Add +46.5% 0.08% +0.04
APH Amphenol Corp. Class A Add +99.5% 0.04% +0.02
EWZ iShares MSCI Brazil ETF Add +87.2% 0.02% +0.01
SYM Symbotic Inc. New 0.01% +0.01
HSAI Hesai Group Add +117.6% 0.01% +0.01
CARR Carrier Global Corp. Add +0.2% 0.03% +0.01
GS Goldman Sachs Group Inc. New 0.01% +0.01
RTX RTX Corp. Add +0.1% 0.02% +0.01
PRME Prime Medicine Inc. New 0.00% +0.00
LION Lionsgate Studios Corp. New 0.00% +0.00
QSI Quantum-Si Inc. New 0.00% +0.00
STRZ Starz Entertainment Corp. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 312$1.2BGSK, GOOGL, JPM, UNP, MA
Q1 2026 307$1.2BGSK, GOOGL, JPM, UNP, MA
Q4 2025 314$1.5BGSK, GOOGL, JPM, UNP, MA
Q3 2025 314$1.2BGSK, JPM, UNP, IBIT, GOOGL
Q2 2025 309$1.0BGSK, JPM, UNP, IBIT, AAPL
Q1 2025 317$1.2BGSK, JPM, UNP, GOOGL, AMZN
Q4 2024 322$1.4BGSK, MSFT, GOOGL, JPM, UNP
Q3 2024 333$1.5BGSK, MSFT, GOOGL, JPM, UNP
Q2 2024 332$1.5BGSK, MSFT, GOOGL, JPM, UNP
Q1 2024 342$1.6BGSK, MSFT, GOOGL, JPM, UNP