Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD
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.
Top Holdings
Equity Positions (59)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | 10.87% | $49.5M | 89,611 | $391.90 | $551.64 | +$10.4M |
S SPY | SPDR S&P 500 ETF TR | 9.86% | $44.9M | 72,470 | $440.82 | $617.85 | +$10.8M |
X XLF | SELECT SECTOR SPDR TR | 6.18% | $28.2M | 537,641 | $32.35 | $52.37 | +$1.4M |
X XLI | SELECT SECTOR SPDR TR | 4.83% | $22.0M | 149,120 | $85.33 | $147.52 | +$2.5M |
X XLC | SELECT SECTOR SPDR TR | 3.92% | $17.8M | 164,249 | $81.56 | $108.53 | +$9.3M |