Twin Focus Capital Partners, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Twin Focus Capital Partners, LLC reported 141 stock positions worth $676.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 11.1% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 10.3%) and iShares Gold Trust (IAU, 6.6%). Compared with Q3 2024, it opened 6 new positions, sold out of 15, added to 35 and reduced 48. The biggest buy was iShares Core S&P Total U.S. (ITOT, shares +243%) and the biggest sale Dell Technologies -C (DELL, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $676.6M (Q4 2024)
- SEC Filing
- 0001172661-25-000846 ↗ filed Feb 13, 2025
Holdings Value
Holdings 141 stocks · $676.6M
| VTI VG Morningstar TS MKT ETF-US | 11.10% | 259,183 | $75.1M | Add +17.7% |
| IEFA iShares Core MSCI Eafe ETF | 10.26% | 987,613 | $69.4M | Add +5.2% |
| IAU iShares Gold Trust | 6.57% | 898,038 | $44.5M | Add +14.1% |
| DELL Dell Technologies -C | 3.85% | 226,000 | $26.0M | Reduce -14.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.13% | 240,593 | $21.1M | Add +7.6% |
| ITOT iShares Core S&P Total U.S. | 2.87% | 150,863 | $19.4M | Add +242.8% |
| GLD SPDR Gold Shares | 2.73% | 76,355 | $18.5M | Reduce -12.4% |
| VTIP Vanguard Short-Term Tips | 2.64% | 368,642 | $17.8M | Reduce -3.7% |
| VOO Vanguard S&P 500 ETF | 2.57% | 32,233 | $17.4M | Add +26.5% |
| IWB iShares Russell 1000 ETF | 2.54% | 53,284 | $17.2M | Reduce -1.2% |
| AAPL Apple Inc. | 2.25% | 60,755 | $15.2M | Reduce -1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.97% | 22,800 | $13.4M | Reduce -3.6% |
| IVW iShares S&P 500 Growth ETF | 1.97% | 131,426 | $13.3M | Add +5.0% |
| JAAA Janus Henderson Aaa Clo ETF | 1.89% | 252,004 | $12.8M | New |
| TIP iShares Tips Bond ETF | 1.73% | 109,986 | $11.7M | Add +5.8% |
| AGG iShares Core U.S. Aggregate | 1.66% | 115,701 | $11.2M | Add +6.3% |
| IWF iShares Russell 1000 Growth | 1.61% | 27,209 | $10.9M | Reduce -1.6% |
| IWS iShares Russell Mid-Cap Valu | 1.39% | 72,882 | $9.4M | Add +0.5% |
| VWO Vanguard Ftse Emerging Marke | 1.36% | 209,629 | $9.2M | Reduce -0.0% |
| ESGV Vanguard ESG US Stock ETF | 1.28% | 82,527 | $8.7M | Add +951.6% |
| VIG Vanguard Dividend Apprec ETF | 1.25% | 43,123 | $8.4M | Add +0.6% |
| IEMG iShares Core MSCI Emerging | 1.19% | 153,584 | $8.0M | Reduce -13.0% |
| XLV SS Health Care Select Sector | 1.18% | 57,891 | $8.0M | Reduce -20.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.10% | 98,565 | $7.5M | Add +6.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.10% | 18,059 | $7.4M | Add +5.5% |
| CGEM Cullinan Therapeutics Inc. | 1.07% | 595,489 | $7.3M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.93% | 109,869 | $6.3M | No change |
| VEA Vanguard Ftse Developed ETF | 0.90% | 126,724 | $6.1M | Reduce -2.5% |
| NVDA Nvidia Corp. | 0.88% | 44,410 | $6.0M | Add +701.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.88% | 36,675 | $5.9M | Add +11.6% |
| XOP SS SPDR S&P Og Exp & Prod | 0.87% | 44,283 | $5.9M | Reduce -20.2% |
| IJH iShares Core S&P Midcap ETF | 0.87% | 93,983 | $5.9M | Reduce -2.6% |
| XLK SS Technology Select Sector | 0.86% | 24,960 | $5.8M | Add +0.7% |
| IVV iShares Core S&P 500 ETF | 0.84% | 9,600 | $5.7M | Reduce -8.0% |
| IWM iShares Russell 2000 ETF | 0.83% | 25,333 | $5.6M | Reduce -3.6% |
| IWR iShares Russell Mid-Cap ETF | 0.79% | 60,528 | $5.4M | Add +0.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.76% | 44,756 | $5.1M | Reduce -1.8% |
| VT Vanguard Tot World STK ETF | 0.74% | 42,381 | $5.0M | Add +6.8% |
| COPX Global X Copper Miners ETF | 0.61% | 108,715 | $4.2M | Reduce -19.3% |
| IWV iShares Russell 3000 ETF | 0.61% | 12,395 | $4.1M | Reduce -1.1% |
| VHT Vanguard Health Care ETF | 0.60% | 16,075 | $4.1M | Reduce -6.4% |
| EEM iShares MSCI Emerging Market | 0.58% | 93,869 | $3.9M | Add +307.4% |
| VDE Vanguard Energy ETF | 0.58% | 32,210 | $3.9M | Add +7.1% |
| VXUS Vanguard Total Intl Stock | 0.51% | 58,692 | $3.5M | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.51% | 12,760 | $3.4M | Add +1.5% |
| ILCG iShares Morningstar Growth E | 0.46% | 34,875 | $3.1M | Reduce -3.0% |
| VXF Vanguard Extended Market ETF | 0.46% | 16,377 | $3.1M | Add +3.4% |
| IWD iShares Russell 1000 Value E | 0.44% | 15,943 | $3.0M | Reduce -13.2% |
| SDY SS SPDR S&P Dividend ETF | 0.43% | 22,280 | $2.9M | No change |
| TLT iShares 20+ Year Treasury BD | 0.43% | 33,681 | $2.9M | New |
| VSGX Vanguard ESG Intl Stock ETF | 0.43% | 51,051 | $2.9M | Add +474.4% |
| MSFT Microsoft Corp. | 0.41% | 6,652 | $2.8M | Reduce -2.1% |
| ICE Intercontinental Exchange Inc. | 0.40% | 18,005 | $2.7M | Reduce -0.8% |
| XBI SS SPDR S&P Biotech ETF | 0.35% | 26,480 | $2.4M | No change |
| XLP SS Consumer Staples Sel Sect | 0.35% | 29,807 | $2.3M | Reduce -7.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.33% | 13,302 | $2.3M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 0.31% | 11,155 | $2.1M | Reduce -7.5% |
| AVGO Broadcom Inc. | 0.31% | 9,050 | $2.1M | Reduce -33.1% |
| SOXX iShares Semiconductor ETF | 0.30% | 9,385 | $2.0M | Add +1.1% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.30% | 17,800 | $2.0M | No change |
| BLK BlackRock Inc. | 0.28% | 1,850 | $1.9M | No change |
| COMT iShares Gsci Commodity Dynam | 0.27% | 73,380 | $1.9M | No change |
| IJR iShares Core S&P Small-Cap E | 0.26% | 15,080 | $1.7M | Reduce -3.2% |
| SCZ iShares MSCI Eafe Small-Cap | 0.23% | 25,405 | $1.5M | Reduce -42.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.23% | 7,000 | $1.5M | No change |
| IEV iShares Europe ETF | 0.22% | 28,112 | $1.5M | Add +0.7% |
| IBB iShares Biotechnology ETF | 0.21% | 10,847 | $1.4M | Reduce -11.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.20% | 5,206 | $1.4M | Reduce -36.1% |
| GXC State Street SPDR S&P China | 0.20% | 18,111 | $1.4M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.20% | 17,299 | $1.3M | No change |
| GE General Electric filed as GE AEROSPACE | 0.20% | 8,077 | $1.3M | No change |
| VOXR Vox Royalty Corp. | 0.19% | 558,988 | $1.3M | No change |
| CEF Sprott Physical Gold and Sil | 0.19% | 53,845 | $1.3M | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.18% | 37,003 | $1.2M | Reduce -15.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.17% | 23,111 | $1.2M | Add +0.0% |
| AIQ Global X Art Intel & Tech | 0.15% | 26,865 | $1.0M | No change |
| GLP Global Partners LP | 0.15% | 22,000 | $1.0M | No change |
| XOM Exxon Mobil Corp. | 0.15% | 9,227 | $993K | Reduce -3.2% |
| JPM JPMorgan Chase & Co. | 0.15% | 4,122 | $988K | Reduce -7.4% |
| NBBK NB Bancorp Inc. | 0.14% | 51,164 | $924K | No change |
| GDX Vaneck Gold Miners ETF | 0.13% | 26,067 | $884K | Add +4.0% |
| STEW SRH Total Return Fund Inc. | 0.13% | 55,019 | $881K | No change |
| GOOG Alphabet Inc. Class C | 0.13% | 4,515 | $860K | No change |
| RTX RTX Corp. | 0.12% | 7,175 | $830K | Reduce -6.5% |
| GEV GE Vernova Inc. | 0.12% | 2,518 | $828K | No change |
| ADX Adams Diversified Equity | 0.12% | 40,205 | $812K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.12% | 6,946 | $803K | Add +117.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 3,036 | $730K | Reduce -45.9% |
| TBF Proshares Short 20+ Treasury | 0.11% | 29,200 | $719K | No change |
| VNQ Vanguard Real Estate ETF | 0.11% | 8,016 | $714K | New |
| MCK McKesson Corp. | 0.10% | 1,200 | $684K | No change |
| UBER Uber Technologies Inc. | 0.10% | 11,208 | $676K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.10% | 12,200 | $667K | Reduce -15.3% |
| MLPA Global X MLP ETF | 0.10% | 13,384 | $661K | No change |
| EWX State Street SPDR S&P Emergi | 0.10% | 11,000 | $645K | No change |
| RMT Royce Micro-Cap Trust Inc. | 0.09% | 62,161 | $606K | No change |
| GLW Corning Inc. | 0.08% | 12,000 | $570K | No change |
| GSY Invesco Ultra Short Duration | 0.08% | 10,980 | $550K | No change |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.08% | 16,546 | $544K | No change |
| WIW Western Asst Infl-LNK Opp | 0.07% | 60,163 | $498K | Add +0.8% |
Portfolio Sells Q3 2024 → Q4 2024
| DELL Dell Technologies -C | Reduce -14.4% | 3.85% | −1.09 |
| GLD SPDR Gold Shares | Reduce -12.4% | 2.73% | −0.61 |
| XLV SS Health Care Select Sector | Reduce -20.5% | 1.18% | −0.59 |
| IEMG iShares Core MSCI Emerging | Reduce -13.0% | 1.19% | −0.41 |
| COPX Global X Copper Miners ETF | Reduce -19.3% | 0.61% | −0.39 |
| VTIP Vanguard Short-Term Tips | Reduce -3.7% | 2.64% | −0.34 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -20.2% | 0.87% | −0.28 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -42.0% | 0.23% | −0.24 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.0% | 1.36% | −0.22 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.5% | 0.90% | −0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.6% | 1.97% | −0.17 |
| VHT Vanguard Health Care ETF | Reduce -6.4% | 0.60% | −0.16 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.8% | 0.76% | −0.15 |
| IWB iShares Russell 1000 ETF | Reduce -1.2% | 2.54% | −0.14 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -36.1% | 0.20% | −0.14 |
| IWD iShares Russell 1000 Value E | Reduce -13.2% | 0.44% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -8.0% | 0.84% | −0.11 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -45.9% | 0.11% | −0.10 |
| CART Maplebear Inc. | Sold out | 0.00% | −0.10 |
| IWM iShares Russell 2000 ETF | Reduce -3.6% | 0.83% | −0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.09 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.6% | 0.87% | −0.08 |
| XLP SS Consumer Staples Sel Sect | Reduce -7.9% | 0.35% | −0.08 |
| PEO Adams Natural Resources Fund | Sold out | 0.00% | −0.08 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −0.07 |
| IBB iShares Biotechnology ETF | Reduce -11.4% | 0.21% | −0.07 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -15.0% | 0.18% | −0.07 |
| ICE Intercontinental Exchange Inc. | Reduce -0.8% | 0.40% | −0.06 |
| AVGO Broadcom Inc. | Reduce -33.1% | 0.31% | −0.06 |
| MSFT Microsoft Corp. | Reduce -2.1% | 0.41% | −0.05 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.04 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.04 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.04 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.04 |
| MGNI Magnite Inc. | Sold out | 0.00% | −0.03 |
| IWV iShares Russell 3000 ETF | Reduce -1.1% | 0.61% | −0.03 |
| ETG Eaton Vance T/A GL DVD Incm | Sold out | 0.00% | −0.03 |
| IQLT iShares MSCI International Q | Sold out | 0.00% | −0.03 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -26.4% | 0.05% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.2% | 0.26% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -3.2% | 0.15% | −0.03 |
| ECF Ellsworth Growth and Income | Sold out | 0.00% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -15.3% | 0.10% | −0.03 |
| RTX RTX Corp. | Reduce -6.5% | 0.12% | −0.02 |
| AAPL Apple Inc. | Reduce -1.7% | 2.25% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -1.6% | 1.61% | −0.02 |
| AMT American Tower Corp. | Reduce -7.9% | 0.03% | −0.02 |
| XES SS SPDR S&P Og Eqp & Serv | Reduce -18.4% | 0.04% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| ITOT iShares Core S&P Total U.S. | Add +242.8% | 2.87% | +2.00 |
| JAAA Janus Henderson Aaa Clo ETF | New | 1.89% | +1.89 |
| VTI VG Morningstar TS MKT ETF-US | Add +17.7% | 11.10% | +1.26 |
| ESGV Vanguard ESG US Stock ETF | Add +951.6% | 1.28% | +1.15 |
| NVDA Nvidia Corp. | Add +701.6% | 0.88% | +0.78 |
| VXUS Vanguard Total Intl Stock | New | 0.51% | +0.51 |
| VOO Vanguard S&P 500 ETF | Add +26.5% | 2.57% | +0.45 |
| TLT iShares 20+ Year Treasury BD | New | 0.43% | +0.43 |
| EEM iShares MSCI Emerging Market | Add +307.4% | 0.58% | +0.41 |
| IAU iShares Gold Trust | Add +14.1% | 6.57% | +0.40 |
| VSGX Vanguard ESG Intl Stock ETF | Add +474.4% | 0.43% | +0.34 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +7.6% | 3.13% | +0.20 |
| VNQ Vanguard Real Estate ETF | New | 0.11% | +0.11 |
| IVW iShares S&P 500 Growth ETF | Add +5.0% | 1.97% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +5.5% | 1.10% | +0.06 |
| IEI iShares 3-7 Year Treasury Bo | Add +117.1% | 0.12% | +0.06 |
| TEAM Atlassian Corp. Class A | New | 0.03% | +0.03 |
| JEF Jefferies Financial Group Inc. | New | 0.03% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +11.6% | 0.88% | +0.01 |
| VXF Vanguard Extended Market ETF | Add +3.4% | 0.46% | +0.01 |
| PLTM Graniteshares Platinum Trust | Add +15.4% | 0.04% | 0.00 |
| TY Tri-Continental Corp. | Add +5.5% | 0.05% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +1.6% | 0.04% | −0.00 |
| VDE Vanguard Energy ETF | Add +7.1% | 0.58% | −0.00 |
| VZ Verizon Communications Inc. | Add +4.6% | 0.05% | −0.01 |
| WIW Western Asst Infl-LNK Opp | Add +0.8% | 0.07% | −0.01 |
| VT Vanguard Tot World STK ETF | Add +6.8% | 0.74% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +1.5% | 0.51% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.0% | 0.17% | −0.02 |
| XLK SS Technology Select Sector | Add +0.7% | 0.86% | −0.02 |
| GDX Vaneck Gold Miners ETF | Add +4.0% | 0.13% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.0% | 0.33% | −0.03 |
| SOXX iShares Semiconductor ETF | Add +1.1% | 0.30% | −0.04 |
| IEV iShares Europe ETF | Add +0.7% | 0.22% | −0.04 |
| IWR iShares Russell Mid-Cap ETF | Add +0.2% | 0.79% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +6.4% | 1.10% | −0.08 |
| TIP iShares Tips Bond ETF | Add +5.8% | 1.73% | −0.08 |
| AGG iShares Core U.S. Aggregate | Add +6.3% | 1.66% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Add +0.6% | 1.25% | −0.09 |
| IWS iShares Russell Mid-Cap Valu | Add +0.5% | 1.39% | −0.12 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.2% | 10.26% | −1.30 |
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 |