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

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $525.3M $525.3M Q1 2024 Q2 2024: $626.1M Q2 2024 Q3 2024: $634.0M Q3 2024 Q4 2024: $676.6M Q4 2024 Q1 2025: $643.8M Q1 2025 Q2 2025: $714.2M Q2 2025 Q3 2025: $786.9M Q3 2025 Q4 2025: $867.7M Q4 2025 Q1 2026: $870.1M Q1 2026 Q2 2026: $982.7M Q2 2026

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%
XES SS SPDR S&P Og Eqp & Serv 0.08% 4,595 $428K No change
EAGG iShares ESG Aware US Aggrega 0.08% 8,590 $404K Add +36.1%
NVDA Nvidia Corp. 0.07% 422 $381K Reduce -6.0%
GEHC GE Healthcare Technology 0.07% 4,025 $366K No change
VYM Vanguard High DVD Yield ETF 0.07% 2,981 $361K Add +5.7%
MU Micron Technology Inc. 0.07% 3,040 $358K Reduce -49.7%
VZ Verizon Communications Inc. 0.07% 8,516 $357K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.07% 1,850 $355K No change
BNDX Vanguard Total Intl Bond ETF 0.07% 7,171 $353K Add +0.2%
NEW AMERICA HIGH INCOME FUND 0.07% 48,059 $350K No change
DGRW Wisdomtree U.S. Quality Divi 0.06% 4,320 $329K No change
UNH Unitedhealth Group Inc. 0.06% 662 $327K Add +51.5%
SPXE Proshares S&P 500 Ex-Energy 0.06% 2,900 $326K No change
PMO Franklin Muncipl Opps Tst-Ui 0.06% 31,294 $318K No change
T AT&T Inc. 0.06% 17,535 $309K Reduce -36.3%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 729 $307K No change
AMT American Tower Corp. 0.06% 1,545 $305K Add +10.8%
TGNA Tegna Inc. 0.06% 20,054 $300K No change
VIGI Vanguard Int Div App Indx FD 0.06% 3,650 $298K No change
QTRX Quanterix Corp. 0.05% 12,000 $283K No change
TY Tri-Continental Corp. 0.05% 9,000 $277K No change
BMY Bristol-Myers Squibb Co. 0.05% 5,054 $274K Reduce -7.3%
ABBV Abbvie Inc. 0.05% 1,467 $267K Reduce -24.9%
VDC Vanguard Consumer Staple ETF 0.05% 1,300 $265K No change
MRSH Marsh & McLennan Cos 0.05% 1,253 $258K No change
ETG Eaton Vance T/A GL DVD Incm 0.05% 14,065 $257K No change
KRE SS SPDR S&P Regional Bank 0.05% 5,000 $251K No change
TFI SS SPDR N Ice Muni Bond ETF 0.05% 5,186 $241K Add +6.1%
IDXX Idexx Laboratories Inc. 0.05% 440 $238K No change
VGK Vanguard Ftse Europe ETF 0.04% 3,491 $235K Add +0.5%
WFC Wells Fargo & Co. 0.04% 4,047 $235K New
PLTM Graniteshares Platinum Trust 0.04% 26,000 $230K No change
WMT Walmart Inc. 0.04% 3,523 $212K New
META Meta Platforms Inc. Class A 0.04% 433 $210K New
ASA ASA Gold and Precious Metals 0.03% 11,300 $174K New
BCSF Bain Capital Specialty Finan 0.03% 10,000 $157K No change
HERZ Herzfeld Credit Income Fund 0.03% 58,937 $153K Reduce -10.3%
ECF Ellsworth Growth and Income 0.03% 18,600 $151K No change
PMM Franklin Managed Municipal I 0.03% 23,993 $144K Reduce -61.2%
XJEQX Abrdn Japan Equity Fund Inc. 0.02% 18,147 $113K No change
NMT Nuveen Ma QLTY Muni Inc. 0.02% 10,319 $113K Reduce -48.1%
IHD Voya Emrg MRKT Hi DVD Eqty 0.01% 12,000 $63K No change
EOSE Eos Energy Enterprises Inc. 0.00% 25,000 $26K No change

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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 170$982.7MIEFA, IAU, VTI, DELL, SPY
Q1 2026 172$870.1MIAU, IEFA, VTI, DELL, SPY
Q4 2025 180$867.7MIEFA, IAU, VTI, DELL, GLD
Q3 2025 188$786.9MIEFA, VTI, IAU, DELL, GLD
Q2 2025 167$714.2MIEFA, VTI, IAU, DELL, SPYG
Q1 2025 154$643.8MIEFA, VTI, IAU, GLD, DELL
Q4 2024 141$676.6MVTI, IEFA, IAU, DELL, SPYG
Q3 2024 150$634.0MIEFA, VTI, IAU, DELL, GLD
Q2 2024 134$626.1MVTI, IEFA, PTC, DELL, IAU
Q1 2024 143$525.3MVTI, IEFA, DELL, IAU, VTIP