J.Safra Asset Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	199,110,068	448,436	SH		SOLE		448,436	0	0
ISHARES INC ISHARES MSCI BRAZIL ETF	MSCI BRAZIL ETF	464286400	281,406	8,680	SH		SOLE		8,680	0	0
ISHARES CORE U S AGGREGATE BD ETF	CORE US AGGBD ET	464287226	4,623,258	47,205	SH		SOLE		47,205	0	0
ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF	IBOXX INV CP ETF	464287242	5,955,637	54,679	SH		SOLE		54,679	0	0
ISHARES RUSSELL 1000 GROWTH ETF	RUS 1000 GRW ETF	464287614	61,420,622	182,230	SH		SOLE		182,230	0	0
ISHARES U S TECHNOLOGY ETF	U.S. TECH ETF	464287721	6,469,914	47,904	SH		SOLE		47,904	0	0
ISHARES TRUST ISHARES J P MORGAN USD EMERGING MARKETS BOND ETF	JPMORGAN USD EMG	464288281	9,148,761	102,027	SH		SOLE		102,027	0	0
ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	IBOXX HI YD ETF	464288513	7,082,291	91,114	SH		SOLE		91,114	0	0
ORACLE CORPORATION	COM	68389X105	59,790	476	SH		SOLE		476	0	0
PETROLEO BRASILEIRO SA PETROBRAS SPONSORED ADR	SPONSORED ADR	71654V408	212,894	13,997	SH		SOLE		13,997	0	0
SPDR S&P 500 ETF TRUST	ETF TR UNIT	78462F103	16,574,519	31,687	SH		SOLE		31,687	0	0
SELECT SECTOR SPDR FUND SHS BEN INT MATERIALS	SBI MATERIAL	81369Y100	3,980,337	42,850	SH		SOLE		42,850	0	0
SELECT SECTOR SPDR TRUST THE HEALTH CARE SELECT SECTOR SPDR FUND	SBI HEALTHCARE	81369Y209	62,144,397	420,662	SH		SOLE		420,662	0	0
SECTOR SPDR TRUST SBI CONSUMER STAPLES	SBI CONS STPLS	81369Y308	23,218,632	304,068	SH		SOLE		304,068	0	0
SELECT SECTOR SPDR TRUST SHS BEN INT ENERGY	ENERGY	81369Y506	22,350,151	236,735	SH		SOLE		236,735	0	0
SELECT SECTOR SPDR TRUST THE FINANCIAL SELECT SECTOR SPDR FUND	FINANCIAL	81369Y605	59,268,779	1,407,141	SH		SOLE		1,407,141	0	0
SELECT SECTOR SPDR TRUST THE TECHNOLOGY SELECT SECTOR SPDR FUND	TECHNOLOGY	81369Y803	113,340,326	544,199	SH		SOLE		544,199	0	0
TESLA INC COMMON STOCK	COM	88160R101	3,351,436	19,065	SH		SOLE		19,065	0	0
SPDR S&P DIVIDEND ETF	S&P Divid EFT	78464A763	43,611,052	332,300	SH		SOLE		332,300	0	0
MICROSOFT CORP	COM	594918104	1,864,210	4,431	SH		SOLE		4,431	0	0
ACCENTURE PLC IRELAND SHS CL A	SHS CLASS A	G1151C101	219,058	632	SH		SOLE		632	0	0
ALPHABET INC CLASS A COMMON STOCK	CAP STK CL A	02079K305	634,510	4,204	SH		SOLE		4,204	0	0
AON PLC CLASS A ORDINARY SHARES	SHS CL A	G0403H108	206,239	618	SH		SOLE		618	0	0
ADOBE INC COMMON STOCK	COM	00724F101	93,856	186	SH		SOLE		186	0	0
COSTCO WHOLESALE CORP-NEW	COM	22160K105	224,185	306	SH		SOLE		306	0	0
CHUBB LTD COM	COM	H1467J104	171,026	660	SH		SOLE		660	0	0
CIGNA GROUP (THE) COMMON STOCK	COM	125523100	156,172	430	SH		SOLE		430	0	0
CONOCOPHILLIPS COMMON STOCK	COM	20825C104	159,227	1,251	SH		SOLE		1,251	0	0
DANAHER CORPORATION	COM	235851102	152,079	609	SH		SOLE		609	0	0
EXXON MOBIL CORP	COM	30231G102	285,369	2,455	SH		SOLE		2,455	0	0
EATON CORPORATION PLC	COM	G29183103	295,483	945	SH		SOLE		945	0	0
HONEYWELL INTL INC	COM	438516106	297,202	1,448	SH		SOLE		1,448	0	0
HOME DEPOT INC	COM	437076102	232,845	607	SH		SOLE		607	0	0
JPMORGAN CHASE & CO	COM	46625H100	515,372	2,573	SH		SOLE		2,573	0	0
JOHNSON & JOHNSON COMMON STOCK	COM	478160104	165,625	1,047	SH		SOLE		1,047	0	0
ELI LILLY & CO	COM	532457108	246,613	317	SH		SOLE		317	0	0
MCKESSON CORP	COM	58155Q103	113,812	212	SH		SOLE		212	0	0
MASTERCARD INCORPORATED	COM	57636Q104	234,525	487	SH		SOLE		487	0	0
NVIDIA CORP	COM	67066G104	917,113	1,015	SH		SOLE		1,015	0	0
NASDAQ INC COM	COM	631103108	67,012	1,062	SH		SOLE		1,062	0	0
NEXTERA ENERGY INC	COM	65339F101	173,643	2,717	SH		SOLE		2,717	0	0
NORTHROP GRUMMAN CORP	COM	666807102	224,970	470	SH		SOLE		470	0	0
ROCKWELL AUTOMATION INC	COM	773903109	237,434	815	SH		SOLE		815	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	45,494	420	SH		SOLE		420	0	0
SALESFORCE INC COMMON STOCK	COM	79466L302	9,337	31	SH		SOLE		31	0	0
TEXAS INSTRUMENTS INCORPORATED	COM	882508104	26,828	154	SH		SOLE		154	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	168,551	290	SH		SOLE		290	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	324,523	656	SH		SOLE		656	0	0
UNION PACIFIC CORP	COM	907818108	181,496	738	SH		SOLE		738	0	0
VISA INC CL A COMMON STOCK	COM	92826C839	342,431	1,227	SH		SOLE		1,227	0	0
WALMART INC COMMON STOCK	COM	931142103	151,448	2,517	SH		SOLE		2,517	0	0
ZOETIS INC CL A	CL A	98978V103	122,339	723	SH		SOLE		723	0	0
SPDR SER TR S&P BIOTECH ETF	S&P Biotech	78464A870	339,137	3,574	SH		SOLE		3,574	0	0
ALPHABET INC CLASS C CAPITAL STOCK	CaAP STK CL C	02079K107	54,661	359	SH		SOLE		359	0	0
GLOBAL X FUNDS GLOBAL X URANIUM ETF	Global X Uranium	37954Y871	401,227	13,917	SH		SOLE		13,917	0	0
SPDR SERIES TRUST SPDR BLOOMBERG 1 3 MONTH T BILL ETF	Bloomberg 1-3 Month	78468R663	7,367,593	80,257	SH		SOLE		80,257	0	0
WALT DISNEY CO	COM	254687106	66,074	540	SH		SOLE		540	0	0
AMERICAN TOWER CORPORATION REIT	COM	03027X100	104,723	530	SH		SOLE		530	0	0
CONSTELLATION BRANDS INC CL A	CL A	21036P108	132,619	488	SH		SOLE		488	0	0
CARRIER GLOBAL CORPORATION COMMON STOCK	COM	14448C104	36,854	634	SH		SOLE		634	0	0
META PLATFORMS INC CLASS A COMMON STOCK	COM	30303M102	46,616	96	SH		SOLE		96	0	0
L3HARRIS TECHNOLOGIES INC COMMON STOCK	COM	502431109	22,802	107	SH		SOLE		107	0	0
LOWES COMPANIES INC	COM	548661107	9,680	38	SH		SOLE		38	0	0
MARVELL TECHNOLOGY INC COMMON STOCK	COM	573874104	11,412	161	SH		SOLE		161	0	0
NETFLIX INC COM	COM	64110L106	7,288	12	SH		SOLE		12	0	0
PEPSICO INC COMMON STOCK	COM	713448108	41,127	235	SH		SOLE		235	0	0
ROKU INC CLASS A COMMON STOCK	COM CL A	77543R102	18,508	284	SH		SOLE		284	0	0
SERVICENOW INC COM	COM	81762P102	7,624	10	SH		SOLE		10	0	0
TJX COMPANIES INC NEW	COM	872540109	140,061	1,381	SH		SOLE		1,381	0	0
ABBVIE INC	COM	00287Y109	51,170	281	SH		SOLE		281	0	0
AGILON HEALTH INC COMMON STOCK	COM	00857U107	3,532	579	SH		SOLE		579	0	0
BLACKROCK INC	COM	09247X101	25,011	30	SH		SOLE		30	0	0
BROADCOM INC COMMON STOCK	COM	11135F101	88,802	67	SH		SOLE		67	0	0
COINBASE GLOBAL INC CLASS A COMMON STOCK	COM CL A	19260Q107	6,893	26	SH		SOLE		26	0	0
DATADOG INC CLASS A COMMON STOCK	CL A COM	23804L103	5,809	47	SH		SOLE		47	0	0
MERCK & CO INC	COM	58933Y105	60,169	456	SH		SOLE		456	0	0
SPDR GOLD TR GOLD SHS	GOLD SHS	78463V107	484,676	2,356	SH		SOLE		2,356	0	0
SEA LIMITED AMERICAN DEPOSITARY SHS EACH RPRSNTNG ONE CL A ORD SHARE	SPONSORD ADS	81141R100	18,315	341	SH		SOLE		341	0	0
UBER TECHNOLOGIES INC COMMON STOCK	COM	90353T100	31,720	412	SH		SOLE		412	0	0
WAYFAIR INC CL A	CL A	94419L101	2,104	31	SH		SOLE		31	0	0
ZOOMINFO TECHNOLOGIES INC COMMON STOCK	COMMON STOCK	98980F104	4,008	250	SH		SOLE		250	0	0
SELECT SECTOR SPDR TRUST THE COMMUNICATION SERVICES SELECT SECTOR SPDR FUND	COMMUNICATION	81369Y852	56,890,154	696,671	SH		SOLE		696,671	0	0
ILLUMINA INC	COM	452327109	48,611	354	SH		SOLE		354	0	0
CDW CORPORATION COM	COM	12514G108	123,030	481	SH		SOLE		481	0	0
CHARLES SCHWAB CORP NEW	COM	808513105	139,255	1,925	SH		SOLE		1,925	0	0
APTIV PLC	SHS	G6095L109	71,765	901	SH		SOLE		901	0	0
NIKE INC CLASS B COM	CL B	654106103	111,742	1,189	SH		SOLE		1,189	0	0
STERICYCLE INC	COM	858912108	68,628	1,301	SH		SOLE		1,301	0	0
IQVIA HOLDINGS INC COMMON STOCK	COM	46266C105	164,631	651	SH		SOLE		651	0	0
CHEVRON CORPORATION	COM	166764100	56,471	358	SH		SOLE		358	0	0
LOCKHEED MARTIN CORP	COM	539830109	40,938	90	SH		SOLE		90	0	0
MCDONALDS CORP	COM	580135101	45,676	162	SH		SOLE		162	0	0
PROCTER & GAMBLE CO	COM	742718109	27,258	168	SH		SOLE		168	0	0
QUALCOMM INC	COM	747525103	52,652	311	SH		SOLE		311	0	0
SELECT SECTOR SPDR TRUST THE INDUSTRIAL SELECT SECTOR SPDR FUND	INDL	81369Y704	44,980,694	357,103	SH		SOLE		357,103	0	0
GARTNER INC	COM	366651107	69,594	146	SH		SOLE		146	0	0
ISHARES TRUST ISHARES SHORT TREASURY BOND ETF	SHORT TREAS BD	464288679	27,635	250	SH		SOLE		250	0	0
BRUNSWICK CORP	COM	117043109	58,105	602	SH		SOLE		602	0	0
DISCOVER FINANCIAL SERVICES	COM	254709108	40,769	311	SH		SOLE		311	0	0
STERIS PLC ORDINARY SHARES	SHS USD	G8473T100	27,203	121	SH		SOLE		121	0	0
SCHLUMBERGER LTD	COM STK	806857108	82,160	1,499	SH		SOLE		1,499	0	0
MEDPACE HOLDINGS INC COM	COM	58506Q109	40,819	101	SH		SOLE		101	0	0
ENOVA INTERNATIONAL INC	COM	29357K103	58,432	930	SH		SOLE		930	0	0
PAYLOCITY HOLDING CORPORATION COM	COM	70438V106	41,762	243	SH		SOLE		243	0	0
INVESCO EXCHANGE TRADED FUND TRUST INVESCO S&P 500 EQUAL WEIGHT ETF	S&P500 EQL WGT	46137V357	595,505	3,516	SH		SOLE		3,516	0	0
SHIFT4 PAYMENTS INC CLASS A COMMON STOCK	CL A	82452J109	51,931	786	SH		SOLE		786	0	0
TEMPUR SEALY INTERNATIONAL INC	COM	88023U101	58,411	1,028	SH		SOLE		1,028	0	0
API GROUP CORPORATION COMMON STOCK	COM STK	00187Y100	67,976	1,731	SH		SOLE		1,731	0	0
TOLL BROTHERS INC	COM	889478103	54,206	419	SH		SOLE		419	0	0
ARES CAPITAL CORPORATION	COM	04010L103	24,255	1,165	SH		SOLE		1,165	0	0
ARGENX SE AMERICAN DEPOSITARY SHARES	SPONSORED ADR	04016X101	3,937	10	SH		SOLE		10	0	0
ARES MANAGEMENT CORPORATION CLASS A COMMON STOCK	CL A COM STK	03990B101	36,968	278	SH		SOLE		278	0	0
APOLLO GLOBAL MANAGEMENT INC COMMON STOCK	COM	03769M106	39,133	348	SH		SOLE		348	0	0
BUILDERS FIRSTSOURCE INC COMMON STOCK	COM	12008R107	6,674	32	SH		SOLE		32	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	15,616	228	SH		SOLE		228	0	0
CENTENE CORP DEL	COM	15135B101	7,534	96	SH		SOLE		96	0	0
CYTOKINETICS INCORPORATED	COM NEW	23282W605	4,978	71	SH		SOLE		71	0	0
CARVANA CO CLASS A COMMON STOCK	CL A	146869102	8,967	102	SH		SOLE		102	0	0
COOPER COMPANIES INC (THE) COMMON STOCK	COM	216648501	115,867	1,142	SH		SOLE		1,142	0	0
COCA COLA COMPANY (THE)	COM	191216100	38,910	636	SH		SOLE		636	0	0
DARDEN RESTAURANTS INC	COM	237194105	19,891	119	SH		SOLE		119	0	0
DOUBLEVERIFY HOLDINGS INC COMMON STOCK	COM	25862V105	4,500	128	SH		SOLE		128	0	0
EPAM SYSTEMS INC	COM	29414B104	6,076	22	SH		SOLE		22	0	0
FLOOR & DECOR HOLDINGS INC CLASS A COMMON STOCK	CL A	339750101	7,648	59	SH		SOLE		59	0	0
FAIR ISAAC INC FORMERLY FAIR ISAAC & CO INC	COM	303250104	48,735	39	SH		SOLE		39	0	0
FLEX LTD ORDINARY SHARES	ORD	Y2573F102	11,644	407	SH		SOLE		407	0	0
FISERV INC COMMON STOCK	COM	337738108	6,073	38	SH		SOLE		38	0	0
GLOBAL PAYMENTS INC	COM	37940X102	8,554	64	SH		SOLE		64	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	38,427	92	SH		SOLE		92	0	0
GLOBALFOUNDRIES INC ORDINARY SHARES	ORDINARY SHARES	G39387108	4,481	86	SH		SOLE		86	0	0
ISHARES CORE S&P SMALL CAP ETF	CORE S&P SCP ETF	464287804	78,566,679	710,882	SH		SOLE		710,882	0	0
INTERCONTINENTAL EXCHANGE INC	COM	45866F104	30,922	225	SH		SOLE		225	0	0
HUBSPOT INC COM	COM	443573100	6,892	11	SH		SOLE		11	0	0
INTAPP INC COMMON STOCK	COM	45827U109	3,327	97	SH		SOLE		97	0	0
HUMANA INC	COM	444859102	5,548	16	SH		SOLE		16	0	0
JABIL INC COMMON STOCK	COM	466313103	6,296	47	SH		SOLE		47	0	0
LPL FINANCIAL HOLDINGS INC	COM	50212V100	8,190	31	SH		SOLE		31	0	0
LYFT INC CLASS A COMMON STOCK	CL A COM	55087P104	4,779	247	SH		SOLE		247	0	0
LENNAR CORP CL A	CL A	526057104	29,581	172	SH		SOLE		172	0	0
MONGODB INC CLASS A COMMON STOCK	CL A	60937P106	6,097	17	SH		SOLE		17	0	0
MAGNITE INC COMMON STOCK	COM	55955D100	2,344	218	SH		SOLE		218	0	0
MARQETA INC CLASS A COMMON STOCK	CLASS A COM	57142B104	4,989	837	SH		SOLE		837	0	0
NETAPP INC	COM	64110D104	27,082	258	SH		SOLE		258	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	13,380	54	SH		SOLE		54	0	0
NEXTRACKER INC CLASS A COMMON STOCK	CLASS A COM	65290E101	3,939	70	SH		SOLE		70	0	0
NOVO NORDISK A/S-ADR EACH CNV INTO 1 CLASS B	ADR	670100205	42,886	334	SH		SOLE		334	0	0
PUBLIC STORAGE	COM	74460D109	18,854	65	SH		SOLE		65	0	0
PG&E CORP	COM	69331C108	5,162	308	SH		SOLE		308	0	0
ON SEMICONDUCTOR CORP	COM	682189105	10,591	144	SH		SOLE		144	0	0
REPUBLIC SERVICES INC	COM	760759100	49,774	260	SH		SOLE		260	0	0
SELECT SECTOR SPDR TRUST THE UTILITIES SELECT SECTOR SPDR TRUST	SBI INT-UTILS	81369Y886	31,410,243	478,450	SH		SOLE		478,450	0	0
STAG INDUSTRIAL INC	COM	85254J102	25,486	663	SH		SOLE		663	0	0
BLOCK INC CLASS A COMMON STOCK	CL A	852234103	12,687	150	SH		SOLE		150	0	0
SNAP INC CLASS A COMMON STOCK	CL A	83304A106	5,005	436	SH		SOLE		436	0	0
TAIWAN SEMICONDUCTOR MFG CO LTD-SPONSORED ADR REPSTG 5 COM	SPONSORED ADS	874039100	65,168	479	SH		SOLE		479	0	0
TARGET CORP	COM	87612E106	41,467	234	SH		SOLE		234	0	0
T MOBILE US INC	COM	872590104	22,524	138	SH		SOLE		138	0	0
TRANSMEDICS GROUP INC COMMON STOCK	COM	89377M109	4,362	59	SH		SOLE		59	0	0
TRACTOR SUPPLY CO	COM	892356106	29,313	112	SH		SOLE		112	0	0
VANECK ETF TR VANECK PHARMACEUTICAL ETF	PHARMACEUTCL ETF	92189F692	6,305,918	69,525	SH		SOLE		69,525	0	0
VERTIV HOLDINGS LLC CLASS A COMMON STOCK	COM CL A	92537N108	12,986	159	SH		SOLE		159	0	0
VAXCYTE INC COMMON STOCK	COM	92243G108	5,533	81	SH		SOLE		81	0	0
VERALTO CORPORATION COMMON STOCK	COM SHS	92338C103	17,998	203	SH		SOLE		203	0	0
WASTE MANAGEMENT INC DEL	COM	94106L109	50,730	238	SH		SOLE		238	0	0
WELLS FARGO & CO	COM	949746101	42,890	740	SH		SOLE		740	0	0
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	35,371	268	SH		SOLE		268	0	0
BBB FOODS INC CLASS A COMMON SHARES	CL A COM	G0896C103	31,627	1,330	SH		SOLE		1,330	0	0
NU HOLDINGS LTD CLASS A ORDINARY SHARES	ORD SHS CL A	G6683N103	992,075	83,158	SH		SOLE		83,158	0	0