Institutional Manager · CIK 0001535293

J.Safra Asset Management Corp

NEW YORK, NY · File #028-17161

Latest AUM

$1.91B

Positions

622

Top-10 Concentration

68.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	SELECT SECTOR SPDR TRUST STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	81369Y803	+710,643	+$102.3M	-$90.9M
ADD	SELECT SECTOR SPDR TRUST STATE STREET ENERGY SELECT SECTOR SPDR ETF	81369Y506	+802,150	+$35.9M	-$33.6M
ADD	INVESCO QQQ TR UNIT SER 1	IVZ	+26,439	+$16.2M	+$5.1M
NEW	APPLE INC	AAPL	+50,721	+$13.8M	$0
NEW	AMAZON.COM INC	AMZN	+47,354	+$10.9M	$0
NEW	VANGUARD INDEX FDS S&P 500 ETF SHS	922908363	+17,307	+$10.9M	$0
ADD	SPDR GOLD TR GOLD SHS	GLD	+26,341	+$10.4M	+$2.0M
ADD	SELECT SECTOR SPDR FUND STATE STREET MATERIALS SELECT SECTOR SPDR ETF	81369Y100	+195,836	+$8.9M	-$7.8M
ADD	ISHARES RUSSELL 1000 GROWTH ETF	464287614	+16,858	+$8.0M	+$1.8M
NEW	BLACKROCK ETF TR II ISHARES HIGH YIELD MUNI ACTIVE ETF	BLK	+162,041	+$7.9M	$0

Sector Allocation

Financials

14.0%$266.9M

Technology

4.4%$84.0M

Consumer Discretionary

1.4%$27.8M

Healthcare

1.0%$19.8M

Communication Services

0.9%$17.9M

0.6%$10.8M

0.2%$3.1M

0.1%$2.4M

0.1%$2.3M

0.1%$1.3M

0.0%$354,458

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 2025622 pos · $1.91B
Oct 29, 202513F HOLDINGS REPORT (Amended)Q/E Sep 2025367 pos · $1.44B
Oct 29, 202513F HOLDINGS REPORTQ/E Sep 2025469 pos · $1.65B
Oct 29, 202513F HOLDINGS REPORT (Amended)Q/E Sep 2025346 pos · $1.23B
Jul 28, 202513F HOLDINGS REPORTQ/E Jun 2025326 pos · $1.38B
Apr 25, 202513F HOLDINGS REPORTQ/E Mar 2025305 pos · $1.20B
Feb 6, 202513F HOLDINGS REPORTQ/E Dec 2024341 pos · $1.23B
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 2024298 pos · $1.05B
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024268 pos · $991.1M
May 9, 202413F HOLDINGS REPORTQ/E Mar 2024168 pos · $883.6M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 2023103 pos · $686.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO QQQ TR UNIT SER 1	IVZ	391,141	$240.3M	13.67%
2	SELECT SECTOR SPDR TRUST STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	81369Y803	1,369,569	$197.2M	11.22%
3	ISHARES RUSSELL 1000 GROWTH ETF	464287614	383,813	$181.7M	10.33%
4	SELECT SECTOR SPDR TRUST STATE STREET COMMUNICATION SERVICES SELECT SCTR SPDR ETF	81369Y852	861,501	$101.4M	5.77%
5	LISTED FUNDS TRUST ROUNDHILL MAGNIFICENT SEVEN ETF	53656G498	1,510,220	$99.6M	5.67%
6	SELECT SECTOR SPDR TRUST STATE STREET FINANCIAL SELECT SECTOR SPDR ETF	81369Y605	1,786,529	$97.8M	5.57%
7	ISHARES MSCI ALL COUNTRY ASIA EX JAPAN INDEX FUND	464288182	844,489	$78.6M	4.47%
8	VANGUARD INTL EQUITY IND FD FTSE ALL WORLD EX US FD ETF	922042775	1,046,633	$77.0M	4.38%
9	SELECT SECTOR SPDR TRUST STATE STREET ENERGY SELECT SECTOR SPDR ETF	81369Y506	1,555,677	$69.6M	3.96%
10	SELECT SECTOR SPDR TRUST STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF	81369Y209	435,331	$67.4M	3.83%
11	SELECT SECTOR SPDR TRUST STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF	81369Y704	327,617	$50.8M	2.89%
12	STATE STREET SPDR S&P 500 ETF TRUST UNITS	SPY	72,526	$49.5M	2.81%
13	SPDR SERIES TRUST STATE STREET SPDR S&P DIVIDEND ETF	78464A763	353,863	$49.2M	2.80%
14	SPDR SERIES TRUST STATE STREET SPDR S&P INSURANCE ETF	78464A789	719,781	$43.3M	2.46%
15	VANECK ETF TR VANECK SEMICONDUCTOR ETF	92189F676	109,174	$39.3M	2.24%
16	VANECK ETF TR VANECK PHARMACEUTICAL ETF	92189F692	305,472	$31.5M	1.79%
17	SPDR GOLD TR GOLD SHS	GLD	76,067	$30.1M	1.71%
18	NVIDIA CORP	NVDA	128,056	$23.9M	1.36%
19	MICROSOFT CORP	MSFT	37,276	$18.0M	1.03%
20	SELECT SECTOR SPDR FUND STATE STREET MATERIALS SELECT SECTOR SPDR ETF	81369Y100	371,685	$16.9M	0.96%