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Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD

CIK:0001639754
Asset Manager
$1B AUM
60 holdings
Tel Aviv, Israel
Founded:2000
50 employees
Latest filing:Jun 30, 2025

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet Ltd is an Israeli investment management company based in Tel Aviv. It primarily manages education-focused provident funds (known as 'Hishtalmut funds') for teachers and educators. The firm manages portfolios for institutional clients and educational pension funds, investing in both Israeli and international markets. It is structured as an asset manager and disclosed a substantial amount of assets under management in recent regulatory filings. The firm has been active for over a decade and serves Israeli education sector professionals.

Investment Strategy

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet Ltd manages diversified portfolios with a core allocation to global equities and fixed income securities, often focusing on ETFs representing broad US and international indexes, including significant holdings in major funds like Invesco QQQ Trust, SPDR S&P 500 ETF, and sector-specific ETFs. The investment approach emphasizes risk management and long-term capital appreciation, reflecting the needs of institutional educational clients seeking steady growth and portfolio diversification. The firm reviews and adjusts sector allocations periodically based on global economic conditions and market opportunities.

Latest 13F Filing Activity

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD filed their most recent 13F report on Jun 30, 2025 disclosing 59 equity positions with a total 13F market value of $456M. The fund increased holdings in SPDR S&P 500 Etf TR, Invesco QQQ TR, Select Sector SPDR TR among other positions. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD reduced exposure to Carrier Global Corporation, Berkshire Hathaway Inc. Del, Apple Inc. among others.

Top Buys
S
SPYSPDR S&P 500 ETF TR
+$10.8M
Q
QQQINVESCO QQQ TR
+$10.4M
X
XLCSELECT SECTOR SPDR TR
+$9.3M
N
NVMINOVA LTD
+$4.5M
A
AMZNAMAZON COM INC
+$4.3M
Top Sells
C
CARRCARRIER GLOBAL CORPORATION
-$2.8M
B
BRK-BBERKSHIRE HATHAWAY INC DEL
-$2.8M
A
AAPLAPPLE INC
-$2.7M
N
NEENEXTERA ENERGY INC
-$2.7M
A
AMATAPPLIED MATLS INC
-$2.7M

Top Holdings

Q
QQQINVESCO QQQ TR
+10.9%$49.5M
S
SPYSPDR S&P 500 ETF TR
+9.9%$44.9M
X
XLFSELECT SECTOR SPDR TR
+6.2%$28.2M
X
XLISELECT SECTOR SPDR TR
+4.8%$22.0M
X
XLCSELECT SECTOR SPDR TR
+3.9%$17.8M

Equity Positions (59)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
INVESCO QQQ TR10.87%$49.5M89,611$391.90$551.64+$10.4M
SPDR S&P 500 ETF TR9.86%$44.9M72,470$440.82$617.85+$10.8M
SELECT SECTOR SPDR TR6.18%$28.2M537,641$32.35$52.37+$1.4M
SELECT SECTOR SPDR TR4.83%$22.0M149,120$85.33$147.52+$2.5M
SELECT SECTOR SPDR TR3.92%$17.8M164,249$81.56$108.53+$9.3M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+5.7%
SEMICONDUCTORS & RELATED DEVICES
+4.0%
SERVICES-BUSINESS SERVICES, NEC
+3.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+3.3%
INVESTMENT ADVICE
+3.1%