Partners Capital Investment Group, LLP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Partners Capital Investment Group, LLP reported 166 stock positions worth $2.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 22.1% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 6.3%) and Isha Curr Hedged MSCI Eafe (HEFA, 5.3%). Compared with Q3 2025, it opened 13 new positions, sold out of 9, added to 63 and reduced 52. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +13%) and the biggest sale iShares MSCI Acwi ETF (ACWI, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001694870
- Portfolio Value
- $2.7B (Q4 2025)
- SEC Filing
- 0001104659-26-014776 ↗ filed Feb 13, 2026
Holdings Value
Holdings 166 stocks · $2.7B
| IVV iShares Core S&P 500 ETF | 22.14% | 867,648 | $594.3M | Add +12.8% |
| VGSH Vanguard Short-Term Treasury | 6.35% | 2,899,929 | $170.3M | Add +17.4% |
| HEFA Isha Curr Hedged MSCI Eafe | 5.30% | 3,442,271 | $142.4M | Add +3.2% |
| IEMG iShares Core MSCI Emerging | 5.30% | 2,114,082 | $142.1M | Add +1.3% |
| STIP iShares 0-5 Year Tips Bond E | 4.92% | 1,290,115 | $132.1M | Add +39.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.34% | 609,367 | $116.4M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 4.28% | 182,948 | $114.7M | Reduce -7.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 3.13% | 1,155,424 | $84.0M | Add +6.9% |
| VT Vanguard Tot World STK ETF | 3.01% | 572,306 | $80.7M | Reduce -2.4% |
| TIP iShares Tips Bond ETF | 2.96% | 722,269 | $79.4M | Add +26.3% |
| ITOT iShares Core S&P Total U.S. | 2.58% | 466,334 | $69.3M | Reduce -11.4% |
| IEFA iShares Core MSCI Eafe ETF | 2.54% | 760,649 | $68.0M | Add +8.9% |
| DBJP Xtrackers MSCI Japan Hedged | 2.37% | 672,898 | $63.7M | Reduce -2.7% |
| IEF iShares 7-10 Year Treasury B | 1.79% | 500,192 | $48.1M | Add +17.8% |
| ACWI iShares MSCI Acwi ETF | 1.52% | 288,213 | $40.8M | Reduce -29.0% |
| REET iShares Global REIT ETF | 1.45% | 1,563,807 | $39.0M | Add +10.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.45% | 57,015 | $38.9M | Add +0.3% |
| SNPS Synopsys Inc. | 1.45% | 57,015 | $38.9M | Add +0.3% |
| VGIT Vanguard Intermediate-Term T | 1.22% | 546,946 | $32.8M | Add +67.7% |
| IAU iShares Gold Trust | 1.14% | 376,393 | $30.6M | Add +7.6% |
| SGOV iShares 0-3 Month Treasury B | 1.07% | 287,091 | $28.8M | Reduce -7.7% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.75% | 356,322 | $20.0M | Add +24.8% |
| HEWJ Isha Curr Hedged MSCI Japan | 0.71% | 361,583 | $19.1M | Reduce -17.2% |
| EWJ iShares MSCI Japan ETF | 0.64% | 212,681 | $17.2M | Reduce -16.3% |
| HAWX iShares Cur HDG MSCI Acwi-X | 0.64% | 434,639 | $17.2M | Add +3.2% |
| DXJ Wisdomtree Japan Hedged Eq | 0.64% | 118,546 | $17.1M | Add +0.3% |
| SUB iShares Short-Term National | 0.63% | 159,194 | $17.0M | Reduce -25.6% |
| LEMB iShares JP Morgan Em Local C | 0.60% | 385,814 | $16.0M | New |
| XLE SS Energy Select Sector | 0.49% | 296,295 | $13.2M | Add +0.8% |
| VNQ Vanguard Real Estate ETF | 0.47% | 143,402 | $12.7M | Add +1.1% |
| XCEM Columbia Em Core Ex-China | 0.46% | 320,043 | $12.3M | Reduce -21.2% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.44% | 118,527 | $11.8M | Reduce -26.5% |
| IWV iShares Russell 3000 ETF | 0.43% | 29,847 | $11.5M | Add +0.3% |
| EFA iShares MSCI Eafe ETF | 0.43% | 119,137 | $11.4M | Reduce -8.9% |
| VTWO Vanguard Russell 2000 ETF | 0.42% | 114,466 | $11.4M | Add +0.3% |
| PWRD TCW Transform Systems ETF | 0.38% | 105,340 | $10.1M | No change |
| MCHI iShares MSCI China ETF | 0.38% | 168,407 | $10.1M | Add +0.7% |
| USHY iShares Broad Usd High Yield | 0.36% | 258,826 | $9.7M | Reduce -48.7% |
| IWM iShares Russell 2000 ETF | 0.34% | 37,199 | $9.2M | Add +8.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.33% | 106,376 | $8.8M | Add +16.0% |
| ISRA Vaneck Israel ETF | 0.32% | 147,257 | $8.7M | Add +1.5% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.31% | 175,554 | $8.4M | Add +22.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.28% | 82,502 | $7.5M | Add +4.9% |
| MSFT Microsoft Corp. | 0.28% | 15,328 | $7.4M | Reduce -10.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.25% | 11,106 | $6.8M | Add +0.1% |
| SHV iShares 0-1 Year Treasury Bo | 0.24% | 57,618 | $6.3M | Reduce -6.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 18,369 | $6.2M | Add +0.6% |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 31,350 | $6.0M | Add +9.7% |
| EPP iShares MSCI Pacific Ex Japa | 0.22% | 118,784 | $6.0M | Add +2.1% |
| QUAL iShares MSCI USA Quality Fac | 0.22% | 29,789 | $5.9M | Add +0.3% |
| META Meta Platforms Inc. Class A | 0.22% | 8,925 | $5.9M | Reduce -9.4% |
| GOOGL Alphabet Inc. Class A | 0.21% | 18,077 | $5.7M | Reduce -28.5% |
| URTH iShares MSCI World ETF | 0.18% | 26,420 | $4.9M | Reduce -8.7% |
| GLD SPDR Gold Shares | 0.18% | 12,310 | $4.9M | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.17% | 111,806 | $4.6M | Add +2.4% |
| LIN Linde PLC | 0.17% | 10,698 | $4.6M | Add +11.4% |
| MTZ Mastec Inc. | 0.17% | 20,623 | $4.5M | New |
| CRM Salesforce Inc. | 0.17% | 16,907 | $4.5M | Add +29.3% |
| EEM iShares MSCI Emerging Market | 0.17% | 81,461 | $4.5M | Add +1.4% |
| COF Capital One Financial Corp. | 0.16% | 18,202 | $4.4M | New |
| V Visa Inc. Class A | 0.16% | 12,356 | $4.3M | Reduce -14.0% |
| NVSEF Novartis AG-Reg | 0.16% | 31,324 | $4.3M | Reduce -26.2% |
| SCHW Schwab (charles) Corp. | 0.16% | 43,137 | $4.3M | Reduce -18.8% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 78,972 | $4.3M | Add +9.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.16% | 14,007 | $4.3M | Reduce -36.1% |
| NWSA News Corp. Class A | 0.15% | 159,129 | $4.2M | Add +5.5% |
| TDG Transdigm Group Inc. | 0.15% | 3,097 | $4.1M | Reduce -15.1% |
| SPGI S&P Global Inc. | 0.15% | 7,809 | $4.1M | Add +9.1% |
| ICE Intercontinental Exchange Inc. | 0.15% | 24,959 | $4.0M | Reduce -17.9% |
| VMC Vulcan Materials Co. | 0.15% | 14,099 | $4.0M | Reduce -10.4% |
| HLT Hilton Worldwide Holdings Inc. | 0.15% | 13,757 | $4.0M | Reduce -23.8% |
| VPL Vanguard Ftse Pacific ETF | 0.14% | 42,905 | $3.9M | Add +8.3% |
| URI United Rentals Inc. | 0.14% | 4,782 | $3.9M | Reduce -4.8% |
| TYL Tyler Technologies Inc. | 0.14% | 8,402 | $3.8M | Reduce -8.6% |
| QSR Restaurant Brands Intern | 0.14% | 53,939 | $3.7M | Reduce -15.6% |
| DE Deere & Co. | 0.14% | 7,843 | $3.7M | Reduce -15.9% |
| ESGU iShares ESG Aware MSCI USA | 0.13% | 24,006 | $3.6M | Add +0.3% |
| AVGO Broadcom Inc. | 0.13% | 10,288 | $3.6M | Reduce -36.7% |
| FERG Ferguson Jersey Ltd. | 0.13% | 15,873 | $3.5M | Reduce -11.0% |
| AAPL Apple Inc. | 0.13% | 12,565 | $3.4M | Add +1.1% |
| MUB iShares National Muni Bond E | 0.12% | 30,959 | $3.3M | Add +1.1% |
| DBEU Xtrackers MSCI Europe Hedged | 0.12% | 65,740 | $3.2M | Reduce -10.2% |
| NOW ServiceNow Inc. | 0.11% | 19,165 | $2.9M | Add +8.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.10% | 29,341 | $2.8M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.09% | 7,760 | $2.4M | Add +349.3% |
| VTIP Vanguard Short-Term Tips | 0.09% | 48,597 | $2.4M | Reduce -5.9% |
| REZ Ishars Res and Multi Reales | 0.09% | 28,990 | $2.4M | No change |
| INDA iShares MSCI India ETF | 0.08% | 41,894 | $2.3M | No change |
| JBTM JBT Marel Corp. | 0.08% | 13,816 | $2.1M | Reduce -19.9% |
| UTHR United Therapeutics Corp. | 0.07% | 4,076 | $2.0M | Reduce -30.2% |
| ARGX Argenx SE - ADR | 0.07% | 2,159 | $1.8M | Reduce -38.4% |
| INCY Incyte Corp. | 0.07% | 18,253 | $1.8M | Reduce -38.3% |
| SNAP Snap Inc. Class A | 0.07% | 218,359 | $1.8M | No change |
| IGIFF Igm Financial Inc. | 0.07% | 13,547 | $1.7M | Add +16.5% |
| IGM iShares Expanded Tech Sector | 0.07% | 13,547 | $1.7M | Add +16.5% |
| ONC Beone Medicines Ltd.-ADR | 0.07% | 5,744 | $1.7M | Reduce -44.6% |
| KWEB Kranesh Csi China Internet | 0.06% | 46,890 | $1.6M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.06% | 12,797 | $1.5M | Add +1.2% |
| HWM Howmet Aerospace Inc. | 0.06% | 7,200 | $1.5M | No change |
| IWR iShares Russell Mid-Cap ETF | 0.05% | 15,239 | $1.5M | Add +0.4% |
Portfolio Sells Q3 2025 → Q4 2025
| ACWI iShares MSCI Acwi ETF | Reduce -29.0% | 1.52% | −0.71 |
| VOO Vanguard S&P 500 ETF | Reduce -7.6% | 4.28% | −0.54 |
| ITOT iShares Core S&P Total U.S. | Reduce -11.4% | 2.58% | −0.46 |
| USHY iShares Broad Usd High Yield | Reduce -48.7% | 0.36% | −0.40 |
| SUB iShares Short-Term National | Reduce -25.6% | 0.63% | −0.27 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.1% | 4.34% | −0.23 |
| ABLZF Abb Ltd.-Reg | Sold out | 0.00% | −0.21 |
| VT Vanguard Tot World STK ETF | Reduce -2.4% | 3.01% | −0.20 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -26.5% | 0.44% | −0.20 |
| BN Brookfield Corp. | Sold out | 0.00% | −0.19 |
| GPDNF Danone | Sold out | 0.00% | −0.19 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.19 |
| SGOV iShares 0-3 Month Treasury B | Reduce -7.7% | 1.07% | −0.17 |
| EWJ iShares MSCI Japan ETF | Reduce -16.3% | 0.64% | −0.17 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.16 |
| HEWJ Isha Curr Hedged MSCI Japan | Reduce -17.2% | 0.71% | −0.15 |
| XCEM Columbia Em Core Ex-China | Reduce -21.2% | 0.46% | −0.13 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -36.1% | 0.16% | −0.08 |
| AVGO Broadcom Inc. | Reduce -36.7% | 0.13% | −0.08 |
| ONC Beone Medicines Ltd.-ADR | Reduce -44.6% | 0.07% | −0.08 |
| MSFT Microsoft Corp. | Reduce -10.1% | 0.28% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -9.4% | 0.22% | −0.07 |
| EFA iShares MSCI Eafe ETF | Reduce -8.9% | 0.43% | −0.06 |
| ICE Intercontinental Exchange Inc. | Reduce -17.9% | 0.15% | −0.05 |
| NVSEF Novartis AG-Reg | Reduce -26.2% | 0.16% | −0.05 |
| TYL Tyler Technologies Inc. | Reduce -8.6% | 0.14% | −0.05 |
| URI United Rentals Inc. | Reduce -4.8% | 0.14% | −0.05 |
| VMC Vulcan Materials Co. | Reduce -10.4% | 0.15% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -18.8% | 0.16% | −0.04 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -23.8% | 0.15% | −0.04 |
| TDG Transdigm Group Inc. | Reduce -15.1% | 0.15% | −0.04 |
| ARGX Argenx SE - ADR | Reduce -38.4% | 0.07% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -6.3% | 0.24% | −0.03 |
| DE Deere & Co. | Reduce -15.9% | 0.14% | −0.03 |
| V Visa Inc. Class A | Reduce -14.0% | 0.16% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -28.5% | 0.21% | −0.03 |
| INCY Incyte Corp. | Reduce -38.3% | 0.07% | −0.03 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.03 |
| DIDIY Didi Global Inc. | Sold out | 0.00% | −0.03 |
| FERG Ferguson Jersey Ltd. | Reduce -11.0% | 0.13% | −0.03 |
| URTH iShares MSCI World ETF | Reduce -8.7% | 0.18% | −0.03 |
| QSR Restaurant Brands Intern | Reduce -15.6% | 0.14% | −0.03 |
| UTHR United Therapeutics Corp. | Reduce -30.2% | 0.07% | −0.02 |
| JBTM JBT Marel Corp. | Reduce -19.9% | 0.08% | −0.02 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.02 |
| DBEU Xtrackers MSCI Europe Hedged | Reduce -10.2% | 0.12% | −0.02 |
| IREN Iren Ltd. | Reduce -31.3% | 0.02% | −0.01 |
| VTIP Vanguard Short-Term Tips | Reduce -5.9% | 0.09% | −0.01 |
| NFLX Netflix Inc. | Reduce -11.0% | 0.02% | −0.01 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +12.8% | 22.14% | +1.68 |
| STIP iShares 0-5 Year Tips Bond E | Add +39.7% | 4.92% | +1.13 |
| LEMB iShares JP Morgan Em Local C | New | 0.60% | +0.60 |
| VGSH Vanguard Short-Term Treasury | Add +17.4% | 6.35% | +0.57 |
| VGIT Vanguard Intermediate-Term T | Add +67.7% | 1.22% | +0.44 |
| TIP iShares Tips Bond ETF | Add +26.3% | 2.96% | +0.43 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +6.9% | 3.13% | +0.23 |
| MTZ Mastec Inc. | New | 0.17% | +0.17 |
| IEF iShares 7-10 Year Treasury B | Add +17.8% | 1.79% | +0.16 |
| COF Capital One Financial Corp. | New | 0.16% | +0.16 |
| IAU iShares Gold Trust | Add +7.6% | 1.14% | +0.13 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +24.8% | 0.75% | +0.12 |
| IEFA iShares Core MSCI Eafe ETF | Add +8.9% | 2.54% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +349.3% | 0.09% | +0.07 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +3.2% | 5.30% | +0.06 |
| ACVA Acv Auctions Inc. Class A | New | 0.05% | +0.05 |
| TIPX SS SPDR BB 1-10YR Tips ETF | New | 0.05% | +0.05 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +22.6% | 0.31% | +0.05 |
| CRM Salesforce Inc. | Add +29.3% | 0.17% | +0.04 |
| DXJ Wisdomtree Japan Hedged Eq | Add +0.3% | 0.64% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +9.4% | 0.16% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +16.0% | 0.33% | +0.03 |
| IGV iShares Expanded Tech-Softwa | Add +115.0% | 0.05% | +0.02 |
| AOR iShares Core 60/40 Balanced | New | 0.02% | +0.02 |
| REET iShares Global REIT ETF | Add +10.7% | 1.45% | +0.02 |
| SPGI S&P Global Inc. | Add +9.1% | 0.15% | +0.01 |
| PRIM Primoris Services Corp. | New | 0.01% | +0.01 |
| FSLR First Solar Inc. | New | 0.01% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +8.6% | 0.34% | +0.01 |
| ETN Eaton Corp. PLC | New | 0.01% | +0.01 |
| SOXX iShares Semiconductor ETF | Add +25.9% | 0.05% | +0.01 |
| KMB Kimberly-Clark Corp. | New | 0.01% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +9.7% | 0.22% | +0.01 |
| ISRA Vaneck Israel ETF | Add +1.5% | 0.32% | +0.01 |
| IGIFF Igm Financial Inc. | Add +16.5% | 0.07% | +0.01 |
| IGM iShares Expanded Tech Sector | Add +16.5% | 0.07% | +0.01 |
| HAWX iShares Cur HDG MSCI Acwi-X | Add +3.2% | 0.64% | +0.01 |
| IVE iShares S&P 500 Value ETF | Add +22.3% | 0.04% | +0.01 |
| VPL Vanguard Ftse Pacific ETF | Add +8.3% | 0.14% | +0.01 |
| POET Poet Technologies Inc. | New | 0.01% | +0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +22.6% | 0.05% | +0.00 |
| CANG Cango Inc./KY - ADR | New | 0.00% | +0.00 |
| BITF Bitfarms Ltd./Canada | New | 0.00% | +0.00 |
| AAPL Apple Inc. | Add +1.1% | 0.13% | +0.00 |
| EWU iShares MSCI United Kingdom | Add +1.9% | 0.04% | +0.00 |
| BXMT Blackstone Mortgage Tru Class A | Add +2.5% | 0.03% | 0.00 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +1.6% | 0.03% | −0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +1.9% | 0.01% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +1.9% | 0.02% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.8% | 0.04% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 186 | $2.8B | IVV, IEMG, VGSH, HEFA, VTV |
| Q1 2026 | 174 | $2.7B | IVV, VGSH, IEMG, HEFA, VTV |
| Q4 2025 | 166 | $2.7B | IVV, VGSH, HEFA, IEMG, STIP |
| Q3 2025 | 162 | $2.5B | IVV, VGSH, IEMG, HEFA, VOO |
| Q2 2025 | 161 | $2.5B | IVV, VGSH, IEMG, HEFA, VTV |
| Q1 2025 | 182 | $5.9B | IVV, VOO, VTV, VT, VGSH |
| Q4 2024 | 125 | $3.6B | IVV, VOO, EMXC, BIL, VT |
| Q3 2024 | 177 | $6.3B | IVV, VOO, EMXC, VGSH, VT |
| Q2 2024 | 186 | $5.9B | IVV, EMXC, VOO, VGSH, VTV |
| Q1 2024 | 139 | $3.3B | IVV, EMXC, IRRRF, VTV, VGSH |