Equal-WT
WhaleScore 2.0
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J.safra Asset Management Corp is based out of New York. J.safra Asset Management Corp is a hedge fund with 2577 clients and discretionary assets under management (AUM) of $3,597,261,019 (Form ADV from 2024-08-22). Their last reported 13F filing for Q3 2024 included $1,052,490,193 in managed 13F securities
and a top 10 holdings concentration of 75.78%. J.safra Asset Management Corp's largest holding is Invesco QQQ Trust, Series 1 with shares held of 403,071. Whalewisdom has at least 28 13F filings
Business Description
J. Safra Asset Management Corporation is a registered investment advisor that provides investment advice to clients. They are required to disclose all material facts regarding any legal or disciplinary events that would be material to the evaluation of each supervised person providing investment advice. No information is applicable to this Item.
The firm's advisory business is managed by Mr. Vieira, who is the Chief Executive Officer of J. Safra Asset Management Corporation. Mr. Vieira does not have any other business activities and receives compensation only through J. Safra Asset Management Corporation.
Investment Strategy
JSAM employs a long-term approach to investing, but also takes a tactical approach to capitalize on opportunities and manage risk. They consider macroeconomic factors like monetary and fiscal policy, and their potential impact on asset pricing. JSAM constructs diversified portfolios of securities, including hedge funds, private funds, mutual funds, ETFs, equities, and individual bonds. They also offer managed account services with model portfolio investment strategies tailored to client objectives.
JSAM offers two types of managed account strategies: Asset Allocation UMAs for different risk/reward profiles (Conservative, Balanced, and Aggressive) and Single Strategy UMAs and SMAs focused on specific strategies (fixed income, equities). They utilize fundamental analysis for individual securities, reviewing financial statements, understanding business models, and conducting valuation assessments. JSAM also invests in third-party managers and employs them as model providers for direct equity and fixed income investments.
Owners
- SAFRA NEW YORK CORPORATION - SHAREHOLDER
- TOLIA, PARIN, HARENDRA - CHIEF INVESTMENT OFFICER
- GRUNWALD, MARK, STEVEN - DIRECTOR
- BONFIM, CARLOS, CESAR BERTACO - DIRECTOR
- BARROS, PATRICK, GODEFROY - CEO, DIRECTOR
- Araujo, Fernanda, Bomfim - CHIEF COMPLIANCE OFFICER
- MORATO, SIMONI, PASSOS - DIRECTOR
- JAVIER, SIGMUND, PETER - DIRECTOR
- COLOMBO, RAFAELO - DIRECTOR Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| RSP Invesco S&P 500 Equa | 3.65% |
| SPY SPDR S&P 500 ETF TRU | 3.14% |
| GLD SPDR Gold Shares ETF | 0.67% |
| XLU The Utilities Select | 0.46% |
| XBI SPDR Biotech ETF | 0.45% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SMH VanEck Semiconductor | 3.5% |
| QQQ Invesco QQQ Trust, S | 3.3% |
| IJR iShares Core S&P Sma | 2.07% |
| IWF iShares Russell 1000 | 0.87% |
| BIL SPDR Bloomberg 1-3 M | 0.3% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| QQQ Invesco QQQ Trust, S | 18.64% |
| SPY SPDR S&P 500 ETF TRU | 10.25% |
| XLK The Technology Selec | 8.49% |
| XLV The Health Care Sele | 6.64% |
| XLF The Financial Select | 6.3% |
2024-09-30
13F Activity
| Market Value | $1.05b, Prior: $0.99b |
| Inflows (Outflows) as % of Total MV | +1.6767% |
| New Purchases | 54 stocks |
| Added To | 182 stocks |
| Sold out of | 24 stocks |
| Reduced holdings in | 11 stocks |
| Top 10 Holdings % | 75.78% |
| Turnover %[1] | 24.22% |
| Turnover Alt %[2] | 8.53% |
| Time Held Top 20 | 7.8 quarters |
| Time Held Top 10 | 5.1 quarters |
| Time Held All | 3.64 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30