Twin Focus Capital Partners, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Twin Focus Capital Partners, LLC reported 150 stock positions worth $634.0 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 11.6% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 9.8%) and iShares Gold Trust (IAU, 6.2%). Compared with Q2 2024, it opened 17 new positions, sold out of 1, added to 36 and reduced 31. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +19%) and the biggest sale an exit from PTC (PTC).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0001387761
Portfolio Value
$634.0M (Q3 2024)
SEC Filing
0001172661-24-004988 ↗ filed Nov 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $525.3M Q1 2024 Q2 2024: $626.1M Q2 2024 Q3 2024: $634.0M $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 150 stocks · $634.0M
IEFA iShares Core MSCI Eafe ETF 11.56% 938,682 $73.3M Add +18.6%
VTI VG Morningstar TS MKT ETF-US 9.84% 220,259 $62.4M Add +1.2%
IAU iShares Gold Trust 6.17% 787,305 $39.1M Add +10.2%
DELL Dell Technologies -C 4.93% 263,900 $31.3M Reduce -5.3%
GLD SPDR Gold Shares 3.34% 87,127 $21.2M Add +0.2%
VTIP Vanguard Short-Term Tips 2.98% 382,804 $18.9M Add +0.1%
SPYG SS SPDR P S&P 500 Growth ETF 2.92% 223,549 $18.5M Add +3.1%
IWB iShares Russell 1000 ETF 2.67% 53,924 $17.0M Add +0.5%
AAPL Apple Inc. 2.27% 61,831 $14.4M Reduce -0.2%
SPY SS SPDR S&P 500 ETF Trust-US 2.14% 23,658 $13.6M Reduce -0.0%
VOO Vanguard S&P 500 ETF 2.12% 25,480 $13.4M Reduce -5.6%
IVW iShares S&P 500 Growth ETF 1.89% 125,136 $12.0M Add +3.5%
TIP iShares Tips Bond ETF 1.81% 103,929 $11.5M Add +0.5%
XLV SS Health Care Select Sector 1.77% 72,784 $11.2M Add +2.5%
AGG iShares Core U.S. Aggregate 1.74% 108,831 $11.0M Add +15.8%
IWF iShares Russell 1000 Growth 1.64% 27,648 $10.4M No change
IEMG iShares Core MSCI Emerging 1.60% 176,541 $10.1M Reduce -0.5%
VWO Vanguard Ftse Emerging Marke 1.58% 209,712 $10.0M Reduce -0.9%
CGEM Cullinan Therapeutics Inc. 1.57% 595,489 $10.0M No change
IWS iShares Russell Mid-Cap Valu 1.51% 72,522 $9.6M Reduce -1.9%
VIG Vanguard Dividend Apprec ETF 1.34% 42,868 $8.5M Reduce -0.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.18% 92,671 $7.5M Add +23.7%
XOP SS SPDR S&P Og Exp & Prod 1.15% 55,468 $7.3M Add +0.1%
VEU Vanguard Ftse All-World Ex-U 1.09% 109,869 $6.9M Reduce -1.6%
VEA Vanguard Ftse Developed ETF 1.08% 130,017 $6.9M Reduce -3.6%
VUG Vanguard Mrngstar GR ETF-Sui 1.04% 17,114 $6.6M Add +3.6%
COPX Global X Copper Miners ETF 1.00% 134,635 $6.4M Add +0.3%
IVV iShares Core S&P 500 ETF 0.95% 10,431 $6.0M Add +0.6%
IJH iShares Core S&P Midcap ETF 0.95% 96,484 $6.0M Add +7.0%
IWM iShares Russell 2000 ETF 0.92% 26,293 $5.8M Reduce -1.5%
VSS Vanguard Ftse All Wo X-US SC 0.91% 45,578 $5.7M Reduce -12.0%
XLK SS Technology Select Sector 0.88% 24,778 $5.6M Add +1.2%
ITOT iShares Core S&P Total U.S. 0.87% 44,004 $5.5M Add +1.7%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.87% 32,863 $5.5M Add +16.7%
IWR iShares Russell Mid-Cap ETF 0.84% 60,411 $5.3M No change
VHT Vanguard Health Care ETF 0.76% 17,175 $4.8M No change
VT Vanguard Tot World STK ETF 0.75% 39,680 $4.7M Add +0.2%
IWV iShares Russell 3000 ETF 0.65% 12,526 $4.1M No change
VDE Vanguard Energy ETF 0.58% 30,080 $3.7M No change
IWD iShares Russell 1000 Value E 0.55% 18,376 $3.5M Reduce -11.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.52% 12,570 $3.3M Add +92.8%
SDY SS SPDR S&P Dividend ETF 0.50% 22,280 $3.2M No change
ILCG iShares Morningstar Growth E 0.48% 35,950 $3.0M No change
SCZ iShares MSCI Eafe Small-Cap 0.47% 43,795 $3.0M Reduce -54.0%
MSFT Microsoft Corp. 0.46% 6,797 $2.9M No change
ICE Intercontinental Exchange Inc. 0.46% 18,145 $2.9M No change
VXF Vanguard Extended Market ETF 0.45% 15,832 $2.9M Reduce -0.8%
XLP SS Consumer Staples Sel Sect 0.42% 32,352 $2.7M Reduce -7.7%
XBI SS SPDR S&P Biotech ETF 0.41% 26,480 $2.6M No change
AVGO Broadcom Inc. 0.37% 13,530 $2.3M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.37% 13,301 $2.3M Add +0.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.34% 8,154 $2.2M Add +0.6%
SOXX iShares Semiconductor ETF 0.34% 9,285 $2.1M Add +3.7%
GOOGL Alphabet Inc. Class A 0.32% 12,055 $2.0M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.31% 17,800 $1.9M No change
COMT iShares Gsci Commodity Dynam 0.30% 73,380 $1.9M No change
IJR iShares Core S&P Small-Cap E 0.29% 15,585 $1.8M Reduce -1.9%
IBB iShares Biotechnology ETF 0.28% 12,246 $1.8M Add +0.0%
BLK BlackRock Finance Inc. 0.28% 1,850 $1.8M No change
VOXR Vox Royalty Corp. 0.27% 558,988 $1.7M No change
IEV iShares Europe ETF 0.26% 27,906 $1.6M No change
ESGE iShares Inc. iShares ESG Awar 0.25% 43,544 $1.6M Reduce -0.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 7,000 $1.5M No change
GE General Electric filed as GE AEROSPACE 0.24% 8,077 $1.5M No change
GXC State Street SPDR S&P China 0.23% 18,111 $1.5M No change
VCSH Vanguard S/T Corp. Bond ETF 0.22% 17,299 $1.4M No change
VB Vanguard Most SM-Cap ETF-Usd 0.21% 5,615 $1.3M Add +0.3%
CEF Sprott Physical Gold and Sil 0.21% 53,845 $1.3M No change
SPYV SS SPDR P S&P 500 Value ETF 0.19% 23,103 $1.2M Reduce -3.6%
XOM Exxon Mobil Corp. 0.18% 9,535 $1.1M Reduce -3.5%
EEM iShares MSCI Emerging Market 0.17% 23,038 $1.1M No change
GLP Global Partners LP 0.16% 22,000 $1.0M No change
AIQ Global X Art Intel & Tech 0.16% 26,865 $999K New
GDX Vaneck Gold Miners ETF 0.16% 25,067 $998K No change
NBBK NB Bancorp Inc. 0.15% 51,164 $950K No change
JPM JPMorgan Chase & Co. 0.15% 4,452 $939K No change
RTX RTX Corp. 0.15% 7,675 $930K Reduce -4.7%
STEW SRH Total Return Fund Inc. 0.14% 55,019 $869K New
ADX Adams Diversified Equity 0.14% 40,205 $867K Reduce -45.2%
UBER Uber Technologies Inc. 0.13% 11,208 $842K No change
ESGV Vanguard ESG US Stock ETF 0.13% 7,848 $798K Add +0.1%
SPMD SS SPDR P S&P 400 Midcap ETF 0.12% 14,400 $787K No change
GOOG Alphabet Inc. Class C 0.12% 4,515 $755K No change
EWX State Street SPDR S&P Emergi 0.11% 11,000 $686K No change
NVDA Nvidia Corp. 0.11% 5,540 $673K Add +3.8%
TBF Proshares Short 20+ Treasury 0.10% 29,200 $646K No change
MLPA Global X MLP ETF 0.10% 13,384 $642K No change
GEV GE Vernova Inc. 0.10% 2,518 $642K No change
CART Maplebear Inc. 0.10% 15,700 $640K New
RMT Royce Micro-Cap Trust Inc. 0.09% 62,161 $597K No change
MCK McKesson Corp. 0.09% 1,200 $593K Reduce -20.0%
GSY Invesco Ultra Short Duration 0.09% 10,980 $551K No change
CRWD CrowdStrike Holdings Inc. Class A 0.09% 1,954 $548K New
VSGX Vanguard ESG Intl Stock ETF 0.09% 8,887 $547K Add +11.5%
VNM Vaneck Vietnam ETF 0.09% 42,721 $546K No change
GLW Corning Inc. 0.09% 12,000 $542K New
FMDE Fidelity Enhanced Mid Cap Co. 0.08% 16,546 $532K No change
WIW Western Asst Infl-LNK Opp 0.08% 59,708 $528K Add +3.5%
PG The Procter & Gamble Co. 0.08% 2,981 $516K Reduce -2.8%
LLY Eli Lilly & Co. 0.08% 568 $503K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 12,274 $487K Reduce -2.0%
PEO Adams Natural Resources Fund 0.08% 20,504 $476K No change
AMZN Amazon.com Inc. 0.07% 2,545 $474K Add +6.7%
GEHC GE Healthcare Technology 0.07% 4,525 $425K No change
EAGG iShares ESG Aware US Aggrega 0.07% 8,590 $417K No change
FIS Fidelity National Info Serv 0.07% 4,964 $416K No change
NEW AMERICA HIGH INCOME FUND 0.06% 48,059 $400K No change
DKNG Draftkings Inc. Class A 0.06% 10,039 $394K No change
T AT&T Inc. 0.06% 17,535 $386K No change
IEI iShares 3-7 Year Treasury Bo 0.06% 3,200 $383K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.06% 1,850 $371K No change
XES SS SPDR S&P Og Eqp & Serv 0.06% 4,595 $371K No change
TY Tri-Continental Corp. 0.06% 11,000 $363K Add +22.2%
DGRW Wisdomtree U.S. Quality Divi 0.06% 4,320 $359K No change
SPXE Proshares S&P 500 Ex-Energy 0.06% 5,800 $359K No change
VYM Vanguard High DVD Yield ETF 0.06% 2,781 $357K No change
VZ Verizon Communications Inc. 0.06% 7,900 $355K Reduce -7.2%
C Citigroup Inc. 0.05% 5,508 $345K Reduce -15.4%
PMO Franklin Muncipl Opps Tst-Ui 0.05% 31,294 $341K No change
BRK.B Berkshire Hathaway Inc. Class B 0.05% 729 $336K No change
AMT American Tower Corp. 0.05% 1,395 $324K Reduce -9.7%
VIGI Vanguard Int Div App Indx FD 0.05% 3,650 $322K No change
TGNA Tegna Inc. 0.05% 20,054 $316K No change
MU Micron Technology Inc. 0.05% 3,040 $315K No change
WMT Walmart Inc. 0.04% 3,523 $284K No change
MRSH Marsh & McLennan Cos 0.04% 1,253 $280K No change
BNDX Vanguard Total Intl Bond ETF 0.04% 5,524 $278K Reduce -22.2%
KD Kyndryl Holdings Inc. 0.04% 12,000 $276K Reduce -67.6%
ABBV Abbvie Inc. 0.04% 1,367 $270K No change
TFI SS SPDR N Ice Muni Bond ETF 0.04% 5,417 $254K Add +4.5%
VGK Vanguard Ftse Europe ETF 0.04% 3,544 $252K Add +0.2%
META Meta Platforms Inc. Class A 0.04% 434 $248K No change
PLTM Graniteshares Platinum Trust 0.04% 26,000 $247K No change
UNH Unitedhealth Group Inc. 0.04% 422 $247K Reduce -34.8%
ASA ASA Gold and Precious Metals 0.04% 11,300 $235K New
PYPL PayPal Holdings Inc. 0.04% 2,997 $234K New
WFC Wells Fargo & Co. 0.04% 4,047 $229K No change
IDXX Idexx Laboratories Inc. 0.04% 440 $222K No change
MGNI Magnite Inc. 0.03% 15,267 $211K No change
ETG Eaton Vance T/A GL DVD Incm 0.03% 10,765 $209K No change
KRE SS SPDR S&P Regional Bank 0.03% 3,600 $204K New
IQLT iShares MSCI International Q 0.03% 4,900 $203K New
EFV iShares MSCI Eafe Value ETF 0.03% 3,500 $201K New
RNAC Cartesian Therapeutics Inc. 0.03% 12,000 $193K Add +20.0%
ECF Ellsworth Growth and Income 0.03% 18,600 $167K New
PMM Franklin Managed Municipal I 0.02% 23,993 $156K New
HERZ Herzfeld Credit Income Fund 0.02% 64,063 $145K New
XJEQX Abrdn Japan Equity Fund Inc. 0.02% 18,147 $113K New
IHD Voya Emrg MRKT Hi DVD Eqty 0.01% 12,000 $68K New
GRAYSCALE ETHEREUM MINI TR E 0.01% 21,080 $51K New

Portfolio Sells Q2 2024 → Q3 2024
PTC PTC Inc. Sold out 0.00% −6.43
DELL Dell Technologies -C Reduce -5.3% 4.93% −1.20
SCZ iShares MSCI Eafe Small-Cap Reduce -54.0% 0.47% −0.47
ADX Adams Diversified Equity Reduce -45.2% 0.14% −0.12
KD Kyndryl Holdings Inc. Reduce -67.6% 0.04% −0.11
VSS Vanguard Ftse All Wo X-US SC Reduce -12.0% 0.91% −0.07
MCK McKesson Corp. Reduce -20.0% 0.09% −0.05
VOO Vanguard S&P 500 ETF Reduce -5.6% 2.12% −0.04
IWD iShares Russell 1000 Value E Reduce -11.8% 0.55% −0.03
UNH Unitedhealth Group Inc. Reduce -34.8% 0.04% −0.01
C Citigroup Inc. Reduce -15.4% 0.05% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -22.2% 0.04% −0.01
XOM Exxon Mobil Corp. Reduce -3.5% 0.18% −0.01
XLP SS Consumer Staples Sel Sect Reduce -7.7% 0.42% −0.01
BAC Bank of America Corp. Reduce -2.0% 0.08% −0.00
VZ Verizon Communications Inc. Reduce -7.2% 0.06% −0.00
PG The Procter & Gamble Co. Reduce -2.8% 0.08% +0.00
AMT American Tower Corp. Reduce -9.7% 0.05% +0.00
SPYV SS SPDR P S&P 500 Value ETF Reduce -3.6% 0.19% +0.01
ESGE iShares Inc. iShares ESG Awar Reduce -0.0% 0.25% +0.02
IJR iShares Core S&P Small-Cap E Reduce -1.9% 0.29% +0.02
RTX RTX Corp. Reduce -4.7% 0.15% +0.02
VEA Vanguard Ftse Developed ETF Reduce -3.6% 1.08% +0.02
VXF Vanguard Extended Market ETF Reduce -0.8% 0.45% +0.02
VEU Vanguard Ftse All-World Ex-U Reduce -1.6% 1.09% +0.05
IWM iShares Russell 2000 ETF Reduce -1.5% 0.92% +0.05
IEMG iShares Core MSCI Emerging Reduce -0.5% 1.60% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.0% 2.14% +0.08
IWS iShares Russell Mid-Cap Valu Reduce -1.9% 1.51% +0.09
VIG Vanguard Dividend Apprec ETF Reduce -0.0% 1.34% +0.09
VWO Vanguard Ftse Emerging Marke Reduce -0.9% 1.58% +0.10
AAPL Apple Inc. Reduce -0.2% 2.27% +0.19

Portfolio Buys Q2 2024 → Q3 2024
IEFA iShares Core MSCI Eafe ETF Add +18.6% 11.56% +2.37
IAU iShares Gold Trust Add +10.2% 6.17% +1.16
VTI VG Morningstar TS MKT ETF-US Add +1.2% 9.84% +0.54
XLU St Sr Utl SL SE SPDR ETF-Usd Add +23.7% 1.18% +0.37
GLD SPDR Gold Shares Add +0.2% 3.34% +0.35
AGG iShares Core U.S. Aggregate Add +15.8% 1.74% +0.28
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +92.8% 0.52% +0.26
VOE Vngrd Mrngstr MD-Cap Val ETF Add +16.7% 0.87% +0.19
AIQ Global X Art Intel & Tech New 0.16% +0.16
SPYG SS SPDR P S&P 500 Growth ETF Add +3.1% 2.92% +0.15
STEW SRH Total Return Fund Inc. New 0.14% +0.14
IWB iShares Russell 1000 ETF Add +0.5% 2.67% +0.12
XLV SS Health Care Select Sector Add +2.5% 1.77% +0.11
IJH iShares Core S&P Midcap ETF Add +7.0% 0.95% +0.11
IVW iShares S&P 500 Growth ETF Add +3.5% 1.89% +0.10
CART Maplebear Inc. New 0.10% +0.10
CRWD CrowdStrike Holdings Inc. Class A New 0.09% +0.09
GLW Corning Inc. New 0.09% +0.09
IEI iShares 3-7 Year Treasury Bo New 0.06% +0.06
ITOT iShares Core S&P Total U.S. Add +1.7% 0.87% +0.05
VUG Vanguard Mrngstar GR ETF-Sui Add +3.6% 1.04% +0.05
TIP iShares Tips Bond ETF Add +0.5% 1.81% +0.05
IVV iShares Core S&P 500 ETF Add +0.6% 0.95% +0.04
ASA ASA Gold and Precious Metals New 0.04% +0.04
PYPL PayPal Holdings Inc. New 0.04% +0.04
VT Vanguard Tot World STK ETF Add +0.2% 0.75% +0.04
COPX Global X Copper Miners ETF Add +0.3% 1.00% +0.04
IQLT iShares MSCI International Q New 0.03% +0.03
KRE SS SPDR S&P Regional Bank New 0.03% +0.03
EFV iShares MSCI Eafe Value ETF New 0.03% +0.03
ECF Ellsworth Growth and Income New 0.03% +0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.6% 0.34% +0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +0.0% 0.37% +0.03
PMM Franklin Managed Municipal I New 0.02% +0.02
HERZ Herzfeld Credit Income Fund New 0.02% +0.02
XJEQX Abrdn Japan Equity Fund Inc. New 0.02% +0.02
VB Vanguard Most SM-Cap ETF-Usd Add +0.3% 0.21% +0.02
VTIP Vanguard Short-Term Tips Add +0.1% 2.98% +0.01
VSGX Vanguard ESG Intl Stock ETF Add +11.5% 0.09% +0.01
IBB iShares Biotechnology ETF Add +0.0% 0.28% +0.01
TY Tri-Continental Corp. Add +22.2% 0.06% +0.01
IHD Voya Emrg MRKT Hi DVD Eqty New 0.01% +0.01
GRAYSCALE ETHEREUM MINI TR E New 0.01% +0.01
ESGV Vanguard ESG US Stock ETF Add +0.1% 0.13% +0.00
WIW Western Asst Infl-LNK Opp Add +3.5% 0.08% +0.00
TFI SS SPDR N Ice Muni Bond ETF Add +4.5% 0.04% +0.00
VGK Vanguard Ftse Europe ETF Add +0.2% 0.04% +0.00
AMZN Amazon.com Inc. Add +6.7% 0.07% +0.00
NVDA Nvidia Corp. Add +3.8% 0.11% +0.00
XLK SS Technology Select Sector Add +1.2% 0.88% −0.00

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