Twin Focus Capital Partners, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Twin Focus Capital Partners, LLC reported 134 stock positions worth $626.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 9.3% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 9.2%) and PTC (PTC, 6.4%). Compared with Q1 2024, it opened 7 new positions, sold out of 17, added to 44 and reduced 28. The biggest buy was a new position in PTC (PTC) and the biggest sale an exit from Horizon Kinetics Infl Benef (INFL).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $626.1M (Q2 2024)
- SEC Filing
- 0001172661-24-003345 ↗ filed Aug 14, 2024
Holdings Value
Holdings 134 stocks · $626.1M
| VTI VG Morningstar TS MKT ETF-US | 9.30% | 217,609 | $58.2M | Add +1.1% |
| IEFA iShares Core MSCI Eafe ETF | 9.18% | 791,430 | $57.5M | Add +9.0% |
| PTC PTC Inc. | 6.43% | 221,517 | $40.2M | New |
| DELL Dell Technologies -C | 6.14% | 278,600 | $38.4M | Add +17.2% |
| IAU iShares Gold Trust | 5.01% | 714,644 | $31.4M | Add +27.0% |
| GLD SPDR Gold Shares | 2.99% | 86,933 | $18.7M | Add +8.3% |
| VTIP Vanguard Short-Term Tips | 2.96% | 382,234 | $18.6M | Add +0.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.77% | 216,772 | $17.4M | Add +15.4% |
| IWB iShares Russell 1000 ETF | 2.55% | 53,669 | $16.0M | No change |
| VOO Vanguard S&P 500 ETF | 2.16% | 26,993 | $13.5M | Add +0.3% |
| AAPL Apple Inc. | 2.09% | 61,981 | $13.1M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.06% | 23,661 | $12.9M | Reduce -4.1% |
| IVW iShares S&P 500 Growth ETF | 1.79% | 120,926 | $11.2M | Add +2.5% |
| TIP iShares Tips Bond ETF | 1.76% | 103,445 | $11.0M | Add +50.5% |
| CGEM Cullinan Therapeutics Inc. | 1.66% | 595,489 | $10.4M | New |
| XLV SS Health Care Select Sector | 1.65% | 71,022 | $10.4M | Add +1.8% |
| IWF iShares Russell 1000 Growth | 1.61% | 27,648 | $10.1M | No change |
| IEMG iShares Core MSCI Emerging | 1.52% | 177,408 | $9.5M | Reduce -0.4% |
| VWO Vanguard Ftse Emerging Marke | 1.48% | 211,604 | $9.3M | Add +3.7% |
| AGG iShares Core U.S. Aggregate | 1.46% | 93,959 | $9.1M | Add +10.2% |
| IWS iShares Russell Mid-Cap Valu | 1.43% | 73,907 | $8.9M | Reduce -2.6% |
| XOP SS SPDR S&P Og Exp & Prod | 1.29% | 55,443 | $8.1M | Add +32.3% |
| VIG Vanguard Dividend Apprec ETF | 1.25% | 42,881 | $7.8M | Add +1.8% |
| VEA Vanguard Ftse Developed ETF | 1.06% | 134,814 | $6.7M | Add +0.1% |
| VEU Vanguard Ftse All-World Ex-U | 1.05% | 111,599 | $6.5M | Add +2.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.99% | 16,514 | $6.2M | Add +13.6% |
| VSS Vanguard Ftse All Wo X-US SC | 0.97% | 51,772 | $6.1M | Add +0.0% |
| COPX Global X Copper Miners ETF | 0.97% | 134,250 | $6.1M | New |
| SCZ iShares MSCI Eafe Small-Cap | 0.94% | 95,215 | $5.9M | Reduce -7.5% |
| IVV iShares Core S&P 500 ETF | 0.91% | 10,370 | $5.7M | Add +0.6% |
| XLK SS Technology Select Sector | 0.89% | 24,495 | $5.5M | Add +2.6% |
| IWM iShares Russell 2000 ETF | 0.87% | 26,705 | $5.4M | No change |
| IJH iShares Core S&P Midcap ETF | 0.84% | 90,193 | $5.3M | Add +1.3% |
| ITOT iShares Core S&P Total U.S. | 0.82% | 43,280 | $5.1M | Add +191.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.82% | 74,918 | $5.1M | Add +60.1% |
| IWR iShares Russell Mid-Cap ETF | 0.78% | 60,411 | $4.9M | Reduce -0.8% |
| VHT Vanguard Health Care ETF | 0.73% | 17,175 | $4.6M | Reduce -3.9% |
| VT Vanguard Tot World STK ETF | 0.71% | 39,612 | $4.5M | Add +0.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.68% | 28,156 | $4.2M | Add +3.3% |
| IWV iShares Russell 3000 ETF | 0.62% | 12,526 | $3.9M | Reduce -3.1% |
| VDE Vanguard Energy ETF | 0.61% | 30,080 | $3.8M | Reduce -6.2% |
| IWD iShares Russell 1000 Value E | 0.58% | 20,832 | $3.6M | No change |
| MSFT Microsoft Corp. | 0.49% | 6,797 | $3.0M | No change |
| ILCG iShares Morningstar Growth E | 0.47% | 35,950 | $2.9M | No change |
| SDY SS SPDR S&P Dividend ETF | 0.45% | 22,280 | $2.8M | Reduce -1.4% |
| VXF Vanguard Extended Market ETF | 0.43% | 15,958 | $2.7M | Add +1.7% |
| XLP SS Consumer Staples Sel Sect | 0.43% | 35,041 | $2.7M | Add +0.7% |
| ICE Intercontinental Exchange Inc. | 0.40% | 18,145 | $2.5M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.39% | 26,480 | $2.5M | Add +6.4% |
| SOXX iShares Semiconductor ETF | 0.35% | 8,955 | $2.2M | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 0.35% | 12,055 | $2.2M | No change |
| AVGO Broadcom Inc. | 0.35% | 1,353 | $2.2M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.34% | 13,300 | $2.1M | Reduce -0.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.33% | 17,800 | $2.1M | No change |
| COMT iShares Gsci Commodity Dynam | 0.32% | 73,380 | $2.0M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.31% | 8,109 | $2.0M | Reduce -1.5% |
| IJR iShares Core S&P Small-Cap E | 0.27% | 15,879 | $1.7M | Reduce -5.1% |
| IBB iShares Biotechnology ETF | 0.27% | 12,245 | $1.7M | Add +7.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.26% | 6,520 | $1.6M | Add +14.0% |
| ADX Adams Diversified Equity | 0.25% | 73,325 | $1.6M | Reduce -22.3% |
| VOXR Vox Royalty Corp. | 0.25% | 558,988 | $1.5M | No change |
| IEV iShares Europe ETF | 0.24% | 27,906 | $1.5M | Add +2.3% |
| ESGE iShares Inc. iShares ESG Awar | 0.23% | 43,561 | $1.5M | Reduce -1.3% |
| BLK BlackRock Finance Inc. | 0.23% | 1,850 | $1.5M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 17,299 | $1.3M | No change |
| GE General Electric filed as GE AEROSPACE | 0.21% | 8,077 | $1.3M | Reduce -19.9% |
| GXC State Street SPDR S&P China | 0.20% | 18,111 | $1.2M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 5,597 | $1.2M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 7,000 | $1.2M | No change |
| CEF Sprott Physical Gold and Sil | 0.19% | 53,845 | $1.2M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.19% | 23,971 | $1.2M | Add +1.7% |
| XOM Exxon Mobil Corp. | 0.18% | 9,883 | $1.1M | Add +5.7% |
| GLP Global Partners LP | 0.16% | 22,000 | $1.0M | No change |
| EEM iShares MSCI Emerging Market | 0.16% | 23,038 | $981K | Add +0.0% |
| KD Kyndryl Holdings Inc. | 0.16% | 37,000 | $973K | Reduce -17.8% |
| JPM JPMorgan Chase & Co. | 0.14% | 4,452 | $900K | No change |
| MCK McKesson Corp. | 0.14% | 1,500 | $876K | No change |
| GDX Vaneck Gold Miners ETF | 0.14% | 25,067 | $851K | Reduce -35.0% |
| GOOG Alphabet Inc. Class C | 0.13% | 4,515 | $828K | Reduce -1.3% |
| UBER Uber Technologies Inc. | 0.13% | 11,208 | $815K | No change |
| RTX RTX Corp. | 0.13% | 8,050 | $808K | Add +0.6% |
| NBBK NB Bancorp Inc. | 0.12% | 51,164 | $772K | New |
| ESGV Vanguard ESG US Stock ETF | 0.12% | 7,841 | $758K | Reduce -5.0% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.12% | 14,400 | $739K | No change |
| TBF Proshares Short 20+ Treasury | 0.11% | 29,200 | $693K | No change |
| NVDA Nvidia Corp. | 0.11% | 5,340 | $660K | Add +26.5% |
| MLPA Global X MLP ETF | 0.10% | 13,384 | $649K | Add +47.3% |
| EWX State Street SPDR S&P Emergi | 0.10% | 11,000 | $637K | Reduce -35.0% |
| RMT Royce Micro-Cap Trust Inc. | 0.09% | 62,161 | $571K | No change |
| GSY Invesco Ultra Short Duration filed as POWERSHARES ACTIVELY MANAGED | 0.09% | 10,980 | $548K | No change |
| VNM Vaneck Vietnam ETF | 0.08% | 42,721 | $520K | No change |
| LLY Eli Lilly & Co. | 0.08% | 568 | $514K | Reduce -8.1% |
| PG The Procter & Gamble Co. | 0.08% | 3,066 | $506K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.08% | 12,524 | $498K | No change |
| WIW Western Asst Infl-LNK Opp | 0.08% | 57,708 | $491K | No change |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.08% | 16,546 | $487K | No change |
| PEO Adams Natural Resources Fund | 0.08% | 20,504 | $484K | No change |
| AMZN Amazon.com Inc. | 0.07% | 2,385 | $461K | Reduce -1.6% |
| VSGX Vanguard ESG Intl Stock ETF | 0.07% | 7,972 | $457K | Add +0.3% |
| GEV GE Vernova Inc. | 0.07% | 2,518 | $432K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| INFL Horizon Kinetics Infl Benef | Sold out | 0.00% | −0.64 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.1% | 2.06% | −0.40 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.6% | 1.43% | −0.39 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -7.5% | 0.94% | −0.30 |
| IEMG iShares Core MSCI Emerging | Reduce -0.4% | 1.52% | −0.23 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.8% | 0.78% | −0.19 |
| VDE Vanguard Energy ETF | Reduce -6.2% | 0.61% | −0.19 |
| VHT Vanguard Health Care ETF | Reduce -3.9% | 0.73% | −0.19 |
| STEW SRH Total Return Fund Inc. | Sold out | 0.00% | −0.16 |
| GE General Electric | Reduce -19.9% | 0.21% | −0.13 |
| IWV iShares Russell 3000 ETF | Reduce -3.1% | 0.62% | −0.12 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.12 |
| SDY SS SPDR S&P Dividend ETF | Reduce -1.4% | 0.45% | −0.11 |
| KVHI KVH Industries Inc. | Sold out | 0.00% | −0.11 |
| ADX Adams Diversified Equity | Reduce -22.3% | 0.25% | −0.10 |
| GDX Vaneck Gold Miners ETF | Reduce -35.0% | 0.14% | −0.10 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.1% | 0.27% | −0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.5% | 0.31% | −0.08 |
| EWX State Street SPDR S&P Emergi | Reduce -35.0% | 0.10% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.7% | 0.34% | −0.07 |
| QTRX Quanterix Corp. | Sold out | 0.00% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.05 |
| VDC Vanguard Consumer Staple ETF | Sold out | 0.00% | −0.05 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.05 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -1.3% | 0.23% | −0.04 |
| C Citigroup Inc. | Reduce -23.5% | 0.07% | −0.04 |
| ASA ASA Gold and Precious Metals | Sold out | 0.00% | −0.03 |
| KD Kyndryl Holdings Inc. | Reduce -17.8% | 0.16% | −0.03 |
| BCSF Bain Capital Specialty Finan | Sold out | 0.00% | −0.03 |
| HERZ Herzfeld Credit Income Fund | Sold out | 0.00% | −0.03 |
| ECF Ellsworth Growth and Income | Sold out | 0.00% | −0.03 |
| PMM Franklin Managed Municipal I | Sold out | 0.00% | −0.03 |
| ESGV Vanguard ESG US Stock ETF | Reduce -5.0% | 0.12% | −0.03 |
| XJEQX Abrdn Japan Equity Fund Inc. | Sold out | 0.00% | −0.02 |
| NMT Nuveen Ma QLTY Muni Inc. | Sold out | 0.00% | −0.02 |
| ETG Eaton Vance T/A GL DVD Incm | Reduce -23.5% | 0.03% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -6.7% | 0.05% | −0.02 |
| ABBV Abbvie Inc. | Reduce -6.8% | 0.04% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -1.0% | 0.06% | −0.01 |
| IHD Voya Emrg MRKT Hi DVD Eqty | Sold out | 0.00% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 0.07% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -2.3% | 0.05% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -8.1% | 0.08% | −0.01 |
| EOSE Eos Energy Enterprises Inc. | Sold out | 0.00% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -1.3% | 0.13% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| PTC PTC Inc. | New | 6.43% | +6.43 |
| CGEM Cullinan Therapeutics Inc. | New | 1.66% | +1.66 |
| DELL Dell Technologies -C | Add +17.2% | 6.14% | +0.97 |
| COPX Global X Copper Miners ETF | New | 0.97% | +0.97 |
| IAU iShares Gold Trust | Add +27.0% | 5.01% | +0.51 |
| ITOT iShares Core S&P Total U.S. | Add +191.6% | 0.82% | +0.50 |
| TIP iShares Tips Bond ETF | Add +50.5% | 1.76% | +0.36 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +60.1% | 0.82% | +0.23 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +15.4% | 2.77% | +0.16 |
| NBBK NB Bancorp Inc. | New | 0.12% | +0.12 |
| AAPL Apple Inc. | Add +0.0% | 2.09% | +0.06 |
| FIS Fidelity National Info Serv | New | 0.06% | +0.06 |
| XOP SS SPDR S&P Og Exp & Prod | Add +32.3% | 1.29% | +0.05 |
| RNAC Cartesian Therapeutics Inc. | New | 0.04% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +13.6% | 0.99% | +0.03 |
| NVDA Nvidia Corp. | Add +26.5% | 0.11% | +0.03 |
| MGNI Magnite Inc. | New | 0.03% | +0.03 |
| MLPA Global X MLP ETF | Add +47.3% | 0.10% | +0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +14.0% | 0.26% | −0.00 |
| META Meta Platforms Inc. Class A | Add +0.2% | 0.03% | −0.01 |
| VGK Vanguard Ftse Europe ETF | Add +1.3% | 0.04% | −0.01 |
| GEHC GE Healthcare Technology | Add +12.4% | 0.06% | −0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Add +0.3% | 0.07% | −0.01 |
| SOXX iShares Semiconductor ETF | Add +3.5% | 0.35% | −0.02 |
| RTX RTX Corp. | Add +0.6% | 0.13% | −0.02 |
| EEM iShares MSCI Emerging Market | Add +0.0% | 0.16% | −0.02 |
| XOM Exxon Mobil Corp. | Add +5.7% | 0.18% | −0.03 |
| IBB iShares Biotechnology ETF | Add +7.0% | 0.27% | −0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +1.7% | 0.19% | −0.04 |
| IEV iShares Europe ETF | Add +2.3% | 0.24% | −0.05 |
| XBI SS SPDR S&P Biotech ETF | Add +6.4% | 0.39% | −0.06 |
| XLK SS Technology Select Sector | Add +2.6% | 0.89% | −0.06 |
| XLP SS Consumer Staples Sel Sect | Add +0.7% | 0.43% | −0.08 |
| VXF Vanguard Extended Market ETF | Add +1.7% | 0.43% | −0.09 |
| IVW iShares S&P 500 Growth ETF | Add +2.5% | 1.79% | −0.11 |
| VT Vanguard Tot World STK ETF | Add +0.5% | 0.71% | −0.12 |
| IVV iShares Core S&P 500 ETF | Add +0.6% | 0.91% | −0.13 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +3.3% | 0.68% | −0.13 |
| AGG iShares Core U.S. Aggregate | Add +10.2% | 1.46% | −0.13 |
| VWO Vanguard Ftse Emerging Marke | Add +3.7% | 1.48% | −0.14 |
| GLD SPDR Gold Shares | Add +8.3% | 2.99% | −0.16 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.7% | 1.05% | −0.17 |
| VSS Vanguard Ftse All Wo X-US SC | Add +0.0% | 0.97% | −0.18 |
| IJH iShares Core S&P Midcap ETF | Add +1.3% | 0.84% | −0.19 |
| VIG Vanguard Dividend Apprec ETF | Add +1.8% | 1.25% | −0.21 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 1.06% | −0.22 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 2.16% | −0.31 |
| XLV SS Health Care Select Sector | Add +1.8% | 1.65% | −0.31 |
| VTIP Vanguard Short-Term Tips | Add +0.8% | 2.96% | −0.49 |
| IEFA iShares Core MSCI Eafe ETF | Add +9.0% | 9.18% | −1.07 |
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 |