J.Safra Asset Management Corp

Fund of Funds

J.Safra Asset Management Corp is a Fund of Funds led by Rafay Hassan Farooqui, managing $1.6B across 466 long positions as of Q3 2025 with 84% ETF concentration, 69% concentrated in top 10 holdings, and minimal technology exposure.

CEORafay Hassan Farooqui

Portfolio Value: $1.6B
Positions: 466
Top Holding: QQQ at 13.31%
Last Reported: Q3 2025

Address

Top Holdings

Largest long holdings in J.Safra Asset Management Corp's portfolio (68.9% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Invesco QQQ Trust QQQ	ETF ETF	$219.0M	13.31%	+$4.8M Bought	— 364.7K shares	Q2 2020 Held for 5y 5m
2 Technology Select Sector SPDR Fund XLK	ETF ETF	$185.7M	11.29%	+$10.0M Bought	— 658.9K shares	Q4 2020 Held for 4y 11m
3 iShares Russell 1000 Growth IWF	ETF ETF	$171.9M	10.45%	+$4.9M Bought	— 367.0K shares	Q4 2020 Held for 4y 11m
4 Communication Services Select Sector SPDR Fund XLC	ETF ETF	$98.5M	5.99%	+$3.3M Bought	— 832.4K shares	Q1 2023 Held for 2y 8m
5 Roundhill Magnificent Seven MAGS	Unknown Unknown	$95.2M	5.78%	+$3.1M Bought	— 1.5M shares	Q4 2024 Held for 11 months
6 Financial Select Sector SPDR Fund XLF	ETF ETF	$91.9M	5.59%	+$2.6M Bought	— 1.7M shares	Q4 2019 Held for 5y 11m
7 iShares MSCI All Country Asia ex Japan AAXJ	ETF ETF	$73.6M	4.48%	+$2.4M Bought	— 807.2K shares	Q1 2025 Held for 8 months
8 Vanguard FTSE All-World Ex-US ETF VEU	ETF ETF	$72.2M	4.39%	+$72.2M New	— 1.0M shares	Q3 2025 Held for 2 months
9 Energy Select Sector SPDR Fund XLE	ETF ETF	$67.3M	4.09%	+$2.8M Bought	— 753.5K shares	Q4 2020 Held for 4y 11m
10 XLV Health Care Select Sector SPDR Fund XLV	ETF ETF	$57.7M	3.51%	+$2.1M Bought	— 414.9K shares	Q3 2020 Held for 5y 2m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in J.Safra Asset Management Corp's latest filing

See all changes

GthenC

Market Value

$1.6B

Prior: $1.4B

Q/Q Change

+14.56%

+$209.1M

Net Flows % of MV

+5.39%

Turnover Ratio

5.85%

New Purchases

89 stocks

$76.3M

Added To

161 stocks

+$85.1M

Sold Out Of

37 stocks

$3.6M

Reduced Holdings

109 stocks

-$69.1M

Increased Positions

Position	Shares Δ	Change
1 Vanguard FTSE All-World Ex-US ETF VEU	New	0 → 1.0M +$72.2M
2 General Electric GEV	New	0 → 1.3K +$782.8K
3 CoreWeave, Inc. CRWV	New	0 → 5.2K +$709.4K
4 United Airlines Holdings UAL	New	0 → 7.0K +$675.1K
5 Roblox RBLX	New	0 → 4.3K +$598.3K

Decreased Positions

Position	Shares Δ	Change
1 BlackRock Ultra Short-Term Bond ICSH	Sold	17.6K → 0 −$894.9K
2 LPL Financial Holdings LPLA	Sold	1.4K → 0 −$528.0K
3 American Healthcare REIT AHR	Sold	7.6K → 0 −$278.9K
4 Blue Owl Capital OWL	Sold	13.8K → 0 −$264.3K
5 SGI Silicon Graphics International Corp SGI	Sold	3.4K → 0 −$228.5K

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for J.Safra Asset Management Corp

View analytics

GthenA

Sector Allocation

ETF

83.70%

Technology

3.70%

Communication Services

1.80%

Financial Services

1.10%

Consumer Cyclical

0.80%

Healthcare

0.60%

Industrials

0.50%

Consumer Defensive

0.30%

Utilities

0.20%

Energy

0.20%

Real Estate

0.10%

Market Cap Distribution

Mega Cap (> $200B)

6.03%

Large Cap ($10B - $200B)

2.75%

Mid Cap ($2B - $10B)

0.17%

Small Cap ($300M - $2B)

0.00%

Nano Cap (< $50M)

0.00%

N/A (ETF or Unknown)

91.05%

Portfolio Concentration

Top 10 Holdings %

68.87%

Top 20 Holdings %

87.34%

Top 50 Holdings %

94.99%

Top 100 Holdings %

97.95%