Twin Focus Capital Partners, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Twin Focus Capital Partners, LLC reported 143 stock positions worth $525.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 10.6% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 10.3%) and Dell Technologies -C (DELL, 5.2%). Compared with Q4 2023, it opened 5 new positions, sold out of 22, added to 44 and reduced 33. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +3%) and the biggest sale iShares Core MSCI Emerging (IEMG, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $525.3M (Q1 2024)
- SEC Filing
- 0001172661-24-002445 ↗ filed May 15, 2024
Holdings Value
Holdings 143 stocks · $525.3M
| VTI VG Morningstar TS MKT ETF-US | 10.65% | 215,217 | $55.9M | Add +3.5% |
| IEFA iShares Core MSCI Eafe ETF | 10.26% | 725,929 | $53.9M | Add +3.3% |
| DELL Dell Technologies -C | 5.17% | 237,800 | $27.1M | Reduce -21.4% |
| IAU iShares Gold Trust | 4.50% | 562,720 | $23.6M | Add +0.5% |
| VTIP Vanguard Short-Term Tips | 3.46% | 379,016 | $18.2M | Add +2.6% |
| GLD SPDR Gold Shares | 3.14% | 80,299 | $16.5M | Add +5.9% |
| IWB iShares Russell 1000 ETF | 2.94% | 53,669 | $15.5M | Add +1.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.62% | 187,804 | $13.7M | Add +9.3% |
| VOO Vanguard S&P 500 ETF | 2.46% | 26,898 | $12.9M | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.46% | 24,670 | $12.9M | Add +3.9% |
| AAPL Apple Inc. | 2.02% | 61,976 | $10.6M | Add +0.6% |
| XLV SS Health Care Select Sector | 1.96% | 69,754 | $10.3M | Add +3.0% |
| IVW iShares S&P 500 Growth ETF | 1.90% | 117,930 | $10.0M | No change |
| IWS iShares Russell Mid-Cap Valu | 1.81% | 75,915 | $9.5M | Add +8.0% |
| IWF iShares Russell 1000 Growth | 1.77% | 27,648 | $9.3M | No change |
| IEMG iShares Core MSCI Emerging | 1.75% | 178,055 | $9.2M | Reduce -14.2% |
| VWO Vanguard Ftse Emerging Marke | 1.62% | 203,991 | $8.5M | Reduce -0.5% |
| AGG iShares Core U.S. Aggregate | 1.59% | 85,258 | $8.4M | Add +33.8% |
| VIG Vanguard Dividend Apprec ETF | 1.46% | 42,134 | $7.7M | Add +2.2% |
| TIP iShares Tips Bond ETF | 1.41% | 68,754 | $7.4M | Add +5.2% |
| VEA Vanguard Ftse Developed ETF | 1.29% | 134,674 | $6.8M | Add +11.6% |
| SCZ iShares MSCI Eafe Small-Cap | 1.24% | 102,982 | $6.5M | Reduce -18.2% |
| XOP SS SPDR S&P Og Exp & Prod | 1.24% | 41,913 | $6.5M | No change |
| VEU Vanguard Ftse All-World Ex-U | 1.21% | 108,644 | $6.4M | Reduce -1.8% |
| VSS Vanguard Ftse All Wo X-US SC | 1.15% | 51,756 | $6.0M | Add +0.2% |
| IWM iShares Russell 2000 ETF | 1.07% | 26,705 | $5.6M | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 1.03% | 10,310 | $5.4M | Add +2.6% |
| IJH iShares Core S&P Midcap ETF | 1.03% | 89,033 | $5.4M | Add +0.4% |
| IWR iShares Russell Mid-Cap ETF | 0.97% | 60,881 | $5.1M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.95% | 14,543 | $5.0M | Add +4.0% |
| XLK SS Technology Select Sector | 0.95% | 23,866 | $5.0M | Add +16.1% |
| VHT Vanguard Health Care ETF | 0.92% | 17,875 | $4.8M | No change |
| VT Vanguard Tot World STK ETF | 0.83% | 39,415 | $4.4M | Reduce -7.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.81% | 27,256 | $4.2M | Add +0.5% |
| VDE Vanguard Energy ETF | 0.80% | 32,080 | $4.2M | Reduce -0.3% |
| IWV iShares Russell 3000 ETF | 0.74% | 12,926 | $3.9M | No change |
| IWD iShares Russell 1000 Value E | 0.71% | 20,832 | $3.7M | No change |
| INFL Horizon Kinetics Infl Benef | 0.64% | 102,775 | $3.3M | Reduce -32.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.58% | 46,800 | $3.1M | Reduce -17.6% |
| SDY SS SPDR S&P Dividend ETF | 0.56% | 22,605 | $3.0M | No change |
| MSFT Microsoft Corp. | 0.54% | 6,797 | $2.9M | Add +12.4% |
| VXF Vanguard Extended Market ETF | 0.52% | 15,688 | $2.7M | Reduce -21.0% |
| ILCG iShares Morningstar Growth E | 0.52% | 35,950 | $2.7M | No change |
| XLP SS Consumer Staples Sel Sect | 0.51% | 34,804 | $2.7M | Reduce -22.1% |
| ICE Intercontinental Exchange Inc. | 0.47% | 18,145 | $2.5M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.45% | 24,880 | $2.4M | Reduce -9.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.42% | 13,394 | $2.2M | Reduce -1.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.41% | 17,800 | $2.2M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.39% | 8,236 | $2.1M | Add +1.8% |
| COMT iShares Gsci Commodity Dynam | 0.38% | 73,380 | $2.0M | Add +0.4% |
| SOXX iShares Semiconductor ETF | 0.37% | 8,655 | $2.0M | No change |
| IJR iShares Core S&P Small-Cap E | 0.35% | 16,739 | $1.9M | Add +0.4% |
| ADX Adams Diversified Equity | 0.35% | 94,375 | $1.8M | No change |
| GOOGL Alphabet Inc. Class A | 0.35% | 12,055 | $1.8M | Reduce -0.6% |
| AVGO Broadcom Inc. | 0.34% | 1,353 | $1.8M | No change |
| GE General Electric | 0.34% | 10,077 | $1.8M | No change |
| ITOT iShares Core S&P Total U.S. | 0.33% | 14,841 | $1.7M | Add +6.0% |
| IBB iShares Biotechnology ETF | 0.30% | 11,442 | $1.6M | Add +8.5% |
| BLK BlackRock Finance Inc. | 0.29% | 1,850 | $1.5M | No change |
| IEV iShares Europe ETF | 0.29% | 27,290 | $1.5M | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.27% | 44,111 | $1.4M | Reduce -14.7% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.26% | 5,720 | $1.4M | Reduce -3.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.25% | 17,299 | $1.3M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 7,000 | $1.3M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 5,597 | $1.3M | Add +0.3% |
| GDX Vaneck Gold Miners ETF | 0.23% | 38,567 | $1.2M | Reduce -3.7% |
| GXC State Street SPDR S&P China | 0.23% | 18,111 | $1.2M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.22% | 23,564 | $1.2M | Reduce -9.1% |
| VOXR Vox Royalty Corp. | 0.22% | 558,988 | $1.2M | No change |
| CEF Sprott Physical Gold and Sil | 0.21% | 53,845 | $1.1M | No change |
| XOM Exxon Mobil Corp. | 0.21% | 9,352 | $1.1M | No change |
| KD Kyndryl Holdings Inc. | 0.19% | 45,000 | $979K | No change |
| GLP Global Partners LP | 0.19% | 22,000 | $976K | No change |
| EEM iShares MSCI Emerging Market | 0.18% | 23,037 | $946K | No change |
| EWX State Street SPDR S&P Emergi | 0.18% | 16,933 | $945K | Reduce -21.9% |
| JPM JPMorgan Chase & Co. | 0.17% | 4,452 | $892K | Add +8.0% |
| UBER Uber Technologies Inc. | 0.16% | 11,208 | $863K | No change |
| STEW SRH Total Return Fund Inc. | 0.16% | 55,019 | $829K | No change |
| MCK McKesson Corp. | 0.15% | 1,500 | $805K | No change |
| RTX RTX Corp. | 0.15% | 8,000 | $780K | Add +20.8% |
| ESGV Vanguard ESG US Stock ETF | 0.15% | 8,254 | $769K | Reduce -5.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.15% | 14,400 | $768K | No change |
| GOOG Alphabet Inc. Class C | 0.13% | 4,575 | $697K | Add +15.8% |
| TBF Proshares Short 20+ Treasury | 0.13% | 29,200 | $677K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 1 | $634K | No change |
| VNM Vaneck Vietnam ETF | 0.11% | 42,721 | $594K | No change |
| RMT Royce Micro-Cap Trust Inc. | 0.11% | 62,161 | $587K | No change |
| KVHI KVH Industries Inc. | 0.11% | 111,446 | $568K | New |
| GSY Invesco Ultra Short Duration | 0.10% | 10,980 | $548K | Reduce -31.4% |
| C Citigroup Inc. | 0.10% | 8,508 | $538K | Reduce -19.0% |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.10% | 16,546 | $505K | Add +0.4% |
| WIW Western Asst Infl-LNK Opp | 0.09% | 57,708 | $498K | Add +4.3% |
| PG The Procter & Gamble Co. | 0.09% | 3,066 | $497K | No change |
| LLY Eli Lilly & Co. | 0.09% | 618 | $481K | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.09% | 12,524 | $475K | No change |
| PEO Adams Natural Resources Fund | 0.09% | 20,504 | $473K | Add +23.7% |
| VSGX Vanguard ESG Intl Stock ETF | 0.09% | 7,949 | $457K | Add +0.1% |
| DKNG Draftkings Inc. Class A | 0.09% | 10,039 | $456K | No change |
| MLPA Global X MLP ETF | 0.08% | 9,084 | $438K | Reduce -39.1% |
| AMZN Amazon.com Inc. | 0.08% | 2,425 | $437K | Add +0.8% |
Portfolio Sells Q4 2023 → Q1 2024
| IEMG iShares Core MSCI Emerging | Reduce -14.2% | 1.75% | −0.39 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -18.2% | 1.24% | −0.34 |
| INFL Horizon Kinetics Infl Benef | Reduce -32.3% | 0.64% | −0.33 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.24 |
| IMGN Immunogen Inc. | Sold out | 0.00% | −0.19 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.16 |
| XLP SS Consumer Staples Sel Sect | Reduce -22.1% | 0.51% | −0.15 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -17.6% | 0.58% | −0.15 |
| VXF Vanguard Extended Market ETF | Reduce -21.0% | 0.52% | −0.14 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.5% | 1.62% | −0.09 |
| IYF iShares US Financials ETF | Sold out | 0.00% | −0.07 |
| EWX State Street SPDR S&P Emergi | Reduce -21.9% | 0.18% | −0.07 |
| RSG Republic Services Inc. | Sold out | 0.00% | −0.07 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -14.7% | 0.27% | −0.07 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −0.06 |
| VT Vanguard Tot World STK ETF | Reduce -7.3% | 0.83% | −0.06 |
| GSY Invesco Ultra Short Duration | Reduce -31.4% | 0.10% | −0.06 |
| ACWI iShares MSCI Acwi ETF | Sold out | 0.00% | −0.06 |
| BA The Boeing Co. | Sold out | 0.00% | −0.05 |
| MLPA Global X MLP ETF | Reduce -39.1% | 0.08% | −0.05 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.8% | 1.21% | −0.05 |
| KCCA Kraneshares California Carbo | Sold out | 0.00% | −0.05 |
| ESGD iShares Trust iShares ESG Aw | Sold out | 0.00% | −0.05 |
| AIG American International Group | Sold out | 0.00% | −0.05 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.05 |
| PMM Franklin Managed Municipal I | Reduce -61.2% | 0.03% | −0.05 |
| CLVT Clarivate PLC | Sold out | 0.00% | −0.05 |
| XBI SS SPDR S&P Biotech ETF | Reduce -9.0% | 0.45% | −0.05 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.05 |
| VPL Vanguard Ftse Pacific ETF | Sold out | 0.00% | −0.04 |
| MOO Vaneck Agribusiness ETF | Sold out | 0.00% | −0.04 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.04 |
| MU Micron Technology Inc. | Reduce -49.7% | 0.07% | −0.04 |
| XEFRX Eaton Vance Sr FLTG Rate TR | Sold out | 0.00% | −0.04 |
| T AT&T Inc. | Reduce -36.3% | 0.06% | −0.04 |
| EFT Eaton Vance Fltng RT Inc. TR | Sold out | 0.00% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -0.2% | 1.07% | −0.02 |
| NMT Nuveen Ma QLTY Muni Inc. | Reduce -48.1% | 0.02% | −0.02 |
| GDX Vaneck Gold Miners ETF | Reduce -3.7% | 0.23% | −0.02 |
| XWIAX Western Asset Infl-Link Sec | Sold out | 0.00% | −0.02 |
| ABBV Abbvie Inc. | Reduce -24.9% | 0.05% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -9.1% | 0.22% | −0.01 |
| HERZ Herzfeld Credit Income Fund | Reduce -10.3% | 0.03% | −0.01 |
| C Citigroup Inc. | Reduce -19.0% | 0.10% | −0.01 |
| GNLN Greenlane Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -5.8% | 0.15% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -7.3% | 0.05% | −0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -3.4% | 0.26% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -0.6% | 0.35% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| VTI VG Morningstar TS MKT ETF-US | Add +3.5% | 10.65% | +0.61 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +9.3% | 2.62% | +0.34 |
| AGG iShares Core U.S. Aggregate | Add +33.8% | 1.59% | +0.30 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.3% | 10.26% | +0.20 |
| GLD SPDR Gold Shares | Add +5.9% | 3.14% | +0.20 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.9% | 2.46% | +0.16 |
| IWS iShares Russell Mid-Cap Valu | Add +8.0% | 1.81% | +0.15 |
| XLK SS Technology Select Sector | Add +16.1% | 0.95% | +0.14 |
| IWB iShares Russell 1000 ETF | Add +1.6% | 2.94% | +0.12 |
| VEA Vanguard Ftse Developed ETF | Add +11.6% | 1.29% | +0.11 |
| KVHI KVH Industries Inc. | New | 0.11% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +0.6% | 2.46% | +0.08 |
| XLV SS Health Care Select Sector | Add +3.0% | 1.96% | +0.08 |
| MSFT Microsoft Corp. | Add +12.4% | 0.54% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.0% | 0.95% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +2.6% | 1.03% | +0.06 |
| IAU iShares Gold Trust | Add +0.5% | 4.50% | +0.06 |
| WFC Wells Fargo & Co. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | New | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | New | 0.04% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +2.2% | 1.46% | +0.04 |
| RTX RTX Corp. | Add +20.8% | 0.15% | +0.04 |
| ASA ASA Gold and Precious Metals | New | 0.03% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +0.4% | 1.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +8.0% | 0.17% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +6.0% | 0.33% | +0.03 |
| PEO Adams Natural Resources Fund | Add +23.7% | 0.09% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +15.8% | 0.13% | +0.02 |
| EAGG iShares ESG Aware US Aggrega | Add +36.1% | 0.08% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +51.5% | 0.06% | +0.02 |
| AMZN Amazon.com Inc. | Add +0.8% | 0.08% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +1.8% | 0.39% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.5% | 0.81% | +0.01 |
| IBB iShares Biotechnology ETF | Add +8.5% | 0.30% | +0.01 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +0.4% | 0.10% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +5.7% | 0.07% | +0.00 |
| COMT iShares Gsci Commodity Dynam | Add +0.4% | 0.38% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.3% | 0.24% | +0.00 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +6.1% | 0.05% | −0.00 |
| VGK Vanguard Ftse Europe ETF | Add +0.5% | 0.04% | −0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +0.1% | 0.09% | −0.00 |
| WIW Western Asst Infl-LNK Opp | Add +4.3% | 0.09% | −0.00 |
| AMT American Tower Corp. | Add +10.8% | 0.06% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +0.2% | 0.07% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.4% | 0.35% | −0.01 |
| TIP iShares Tips Bond ETF | Add +5.2% | 1.41% | −0.02 |
| VSS Vanguard Ftse All Wo X-US SC | Add +0.2% | 1.15% | −0.06 |
| VTIP Vanguard Short-Term Tips | Add +2.6% | 3.46% | −0.11 |
| AAPL Apple Inc. | Add +0.6% | 2.02% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 170 | $982.7M | IEFA, IAU, VTI, DELL, SPY |
| Q1 2026 | 172 | $870.1M | IAU, IEFA, VTI, DELL, SPY |
| Q4 2025 | 180 | $867.7M | IEFA, IAU, VTI, DELL, GLD |
| Q3 2025 | 188 | $786.9M | IEFA, VTI, IAU, DELL, GLD |
| Q2 2025 | 167 | $714.2M | IEFA, VTI, IAU, DELL, SPYG |
| Q1 2025 | 154 | $643.8M | IEFA, VTI, IAU, GLD, DELL |
| Q4 2024 | 141 | $676.6M | VTI, IEFA, IAU, DELL, SPYG |
| Q3 2024 | 150 | $634.0M | IEFA, VTI, IAU, DELL, GLD |
| Q2 2024 | 134 | $626.1M | VTI, IEFA, PTC, DELL, IAU |
| Q1 2024 | 143 | $525.3M | VTI, IEFA, DELL, IAU, VTIP |