Twin Focus Capital Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), Twin Focus Capital Partners, LLC reported 154 stock positions worth $643.8 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 10.6% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 9.9%) and iShares Gold Trust (IAU, 7.6%). Compared with Q4 2024, it opened 23 new positions, sold out of 10, added to 33 and reduced 45. The biggest buy was a new position in Invesco QQQ Trust Series 1 (QQQ) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $643.8M (Q1 2025)
- SEC Filing
- 0001172661-25-001761 ↗ filed May 13, 2025
Holdings Value
Holdings 154 stocks · $643.8M
| IEFA iShares Core MSCI Eafe ETF | 10.64% | 905,280 | $68.5M | Reduce -8.3% |
| VTI VG Morningstar TS MKT ETF-US | 9.89% | 231,662 | $63.7M | Reduce -10.6% |
| IAU iShares Gold Trust | 7.62% | 831,689 | $49.0M | Reduce -7.4% |
| GLD SPDR Gold Shares | 3.34% | 74,648 | $21.5M | Reduce -2.2% |
| DELL Dell Technologies -C | 3.23% | 228,000 | $20.8M | Add +0.9% |
| ITOT iShares Core S&P Total U.S. | 3.17% | 167,185 | $20.4M | Add +10.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.03% | 242,477 | $19.5M | Add +0.8% |
| VOO Vanguard S&P 500 ETF | 2.67% | 33,420 | $17.2M | Add +3.7% |
| IWB iShares Russell 1000 ETF | 2.56% | 53,793 | $16.5M | Add +1.0% |
| VTIP Vanguard Short-Term Tips | 2.46% | 317,210 | $15.8M | Reduce -13.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.30% | 26,477 | $14.8M | Add +16.1% |
| JAAA Janus Henderson Aaa Clo ETF | 1.97% | 250,163 | $12.7M | Reduce -0.7% |
| TIP iShares Tips Bond ETF | 1.87% | 108,494 | $12.1M | Reduce -1.4% |
| AGG iShares Core U.S. Aggregate | 1.86% | 120,896 | $12.0M | Add +4.5% |
| IWF iShares Russell 1000 Growth | 1.53% | 27,209 | $9.8M | No change |
| VWO Vanguard Ftse Emerging Marke | 1.45% | 205,550 | $9.3M | Reduce -1.9% |
| IWS iShares Russell Mid-Cap Valu | 1.38% | 70,747 | $8.9M | Reduce -2.9% |
| VIG Vanguard Dividend Apprec ETF | 1.37% | 45,565 | $8.8M | Add +5.7% |
| ESGV Vanguard ESG US Stock ETF | 1.34% | 88,158 | $8.6M | Add +6.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.33% | 108,300 | $8.5M | Add +9.9% |
| IVW iShares S&P 500 Growth ETF | 1.25% | 86,398 | $8.0M | Reduce -34.3% |
| IEMG iShares Core MSCI Emerging | 1.21% | 144,208 | $7.8M | Reduce -6.1% |
| AAPL Apple Inc. | 1.17% | 33,805 | $7.5M | Reduce -44.4% |
| XLV SS Health Care Select Sector | 1.08% | 47,428 | $6.9M | Reduce -18.1% |
| VEU Vanguard Ftse All-World Ex-U | 1.03% | 109,727 | $6.7M | Reduce -0.1% |
| VEA Vanguard Ftse Developed ETF | 0.99% | 125,859 | $6.4M | Reduce -0.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.93% | 37,374 | $6.0M | Add +1.9% |
| IJH iShares Core S&P Midcap ETF | 0.88% | 97,204 | $5.7M | Add +3.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.86% | 11,853 | $5.6M | New |
| BKGI BNY Mellon GLBL Infra Inc. | 0.86% | 161,119 | $5.6M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.86% | 14,909 | $5.5M | Reduce -17.4% |
| IVV iShares Core S&P 500 ETF | 0.84% | 9,595 | $5.4M | Reduce -0.1% |
| VSS Vanguard Ftse All Wo X-US SC | 0.80% | 44,585 | $5.2M | Reduce -0.4% |
| IWR iShares Russell Mid-Cap ETF | 0.80% | 60,553 | $5.2M | Add +0.0% |
| VT Vanguard Tot World STK ETF | 0.79% | 43,766 | $5.1M | Add +3.3% |
| IWM iShares Russell 2000 ETF | 0.78% | 25,308 | $5.0M | Reduce -0.1% |
| CGEM Cullinan Therapeutics Inc. | 0.70% | 595,489 | $4.5M | No change |
| VDE Vanguard Energy ETF | 0.66% | 32,977 | $4.3M | Add +2.4% |
| EEM iShares MSCI Emerging Market | 0.64% | 93,869 | $4.1M | No change |
| VHT Vanguard Health Care ETF | 0.63% | 15,375 | $4.1M | Reduce -4.3% |
| VXUS Vanguard Total Intl Stock | 0.58% | 59,722 | $3.7M | Add +1.8% |
| IWV iShares Russell 3000 ETF | 0.57% | 11,520 | $3.7M | Reduce -7.1% |
| XLK SS Technology Select Sector | 0.53% | 16,393 | $3.4M | Reduce -34.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.51% | 12,760 | $3.3M | No change |
| ICE Intercontinental Exchange Inc. | 0.48% | 18,005 | $3.1M | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.48% | 52,516 | $3.1M | Add +2.9% |
| TLT iShares 20+ Year Treasury BD | 0.48% | 33,681 | $3.1M | No change |
| IWD iShares Russell 1000 Value E | 0.47% | 15,943 | $3.0M | No change |
| SDY SS SPDR S&P Dividend ETF | 0.45% | 21,395 | $2.9M | Reduce -4.0% |
| ILCG iShares Morningstar Growth E | 0.44% | 34,875 | $2.8M | No change |
| VXF Vanguard Extended Market ETF | 0.44% | 16,327 | $2.8M | Reduce -0.3% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.40% | 6,098 | $2.6M | New |
| MSFT Microsoft Corp. | 0.37% | 6,277 | $2.4M | Reduce -5.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.36% | 13,422 | $2.3M | Add +0.9% |
| XLP SS Consumer Staples Sel Sect | 0.35% | 27,923 | $2.3M | Reduce -6.3% |
| IJR iShares Core S&P Small-Cap E | 0.33% | 20,170 | $2.1M | Add +33.8% |
| SOXX iShares Semiconductor ETF | 0.27% | 9,385 | $1.8M | No change |
| BLK BlackRock Inc. | 0.27% | 1,850 | $1.8M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 7,000 | $1.7M | No change |
| GOOGL Alphabet Inc. Class A | 0.26% | 10,730 | $1.7M | Reduce -3.8% |
| IEV iShares Europe ETF | 0.25% | 28,112 | $1.6M | No change |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.25% | 17,800 | $1.6M | No change |
| VOXR Vox Royalty Corp. | 0.25% | 558,988 | $1.6M | No change |
| GXC State Street SPDR S&P China | 0.24% | 18,111 | $1.6M | No change |
| CEF Sprott Physical Gold and Sil | 0.24% | 53,845 | $1.5M | No change |
| AVGO Broadcom Inc. | 0.24% | 9,050 | $1.5M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.23% | 12,342 | $1.5M | Add +77.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.23% | 28,444 | $1.5M | Add +23.1% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.22% | 66,100 | $1.4M | New |
| IBB iShares Biotechnology ETF | 0.21% | 10,697 | $1.4M | Reduce -1.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 17,299 | $1.4M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.21% | 5,225 | $1.4M | Add +0.4% |
| ESGE iShares Inc. iShares ESG Awar | 0.19% | 34,421 | $1.2M | Reduce -7.0% |
| GLP Global Partners LP | 0.18% | 22,000 | $1.2M | No change |
| XOM Exxon Mobil Corp. | 0.17% | 9,227 | $1.1M | No change |
| JPM JPMorgan Chase & Co. | 0.16% | 4,122 | $1.0M | No change |
| AIQ Global X Art Intel & Tech | 0.15% | 26,865 | $977K | No change |
| XBI SS SPDR S&P Biotech ETF | 0.15% | 11,800 | $957K | Reduce -55.4% |
| STEW SRH Total Return Fund Inc. | 0.15% | 55,019 | $949K | No change |
| SCZ iShares MSCI Eafe Small-Cap | 0.15% | 14,775 | $939K | Reduce -41.8% |
| RTX RTX Corp. | 0.14% | 6,625 | $878K | Reduce -7.7% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 4,377 | $876K | Reduce -45.8% |
| UBER Uber Technologies Inc. | 0.13% | 11,708 | $853K | Add +4.5% |
| MCK McKesson Corp. | 0.13% | 1,200 | $808K | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.12% | 1 | $798K | New |
| GEV GE Vernova Inc. | 0.12% | 2,593 | $792K | Add +3.0% |
| ADX Adams Diversified Equity | 0.12% | 40,205 | $763K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 3,319 | $736K | Add +9.3% |
| NVDA Nvidia Corp. | 0.11% | 6,690 | $725K | Reduce -84.9% |
| MLPA Global X MLP ETF | 0.11% | 13,384 | $712K | No change |
| VNQ Vanguard Real Estate ETF | 0.11% | 7,678 | $695K | Reduce -4.2% |
| TBF Proshares Short 20+ Treasury | 0.11% | 29,200 | $689K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.11% | 1,930 | $680K | New |
| CART Maplebear Inc. | 0.10% | 15,700 | $626K | New |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.10% | 12,200 | $624K | No change |
| EWX State Street SPDR S&P Emergi | 0.10% | 11,000 | $623K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 3,890 | $608K | Reduce -13.8% |
| WIW Western Asst Infl-LNK Opp | 0.09% | 65,063 | $572K | Add +8.1% |
| T AT&T Inc. | 0.09% | 19,526 | $552K | Add +11.3% |
| GSY Invesco Ultra Short Duration | 0.09% | 10,980 | $550K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.6% | 9.89% | −1.21 |
| AAPL Apple Inc. | Reduce -44.4% | 1.17% | −1.08 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -93.2% | 0.06% | −0.80 |
| NVDA Nvidia Corp. | Reduce -84.9% | 0.11% | −0.77 |
| IVW iShares S&P 500 Growth ETF | Reduce -34.3% | 1.25% | −0.73 |
| COPX Global X Copper Miners ETF | Sold out | 0.00% | −0.61 |
| XLK SS Technology Select Sector | Reduce -34.3% | 0.53% | −0.33 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -17.4% | 0.86% | −0.24 |
| XBI SS SPDR S&P Biotech ETF | Reduce -55.4% | 0.15% | −0.20 |
| COMT iShares Gsci Commodity Dynam | Reduce -74.0% | 0.08% | −0.20 |
| VTIP Vanguard Short-Term Tips | Reduce -13.9% | 2.46% | −0.18 |
| NBBK NB Bancorp Inc. | Sold out | 0.00% | −0.14 |
| XLV SS Health Care Select Sector | Reduce -18.1% | 1.08% | −0.10 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -41.8% | 0.15% | −0.08 |
| GDX Vaneck Gold Miners ETF | Reduce -70.0% | 0.06% | −0.07 |
| GE General Electric | Reduce -45.8% | 0.14% | −0.06 |
| NEW AMERICA HIGH INCOME FUND | Sold out | 0.00% | −0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -3.8% | 0.26% | −0.05 |
| KD Kyndryl Holdings Inc. | Sold out | 0.00% | −0.05 |
| MSFT Microsoft Corp. | Reduce -5.6% | 0.37% | −0.05 |
| IWV iShares Russell 3000 ETF | Reduce -7.1% | 0.57% | −0.04 |
| XES SS SPDR S&P Og Eqp & Serv | Sold out | 0.00% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -0.1% | 0.78% | −0.04 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.04 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -13.8% | 0.09% | −0.03 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.03 |
| VXF Vanguard Extended Market ETF | Reduce -0.3% | 0.44% | −0.02 |
| EAGG iShares ESG Aware US Aggrega | Reduce -45.0% | 0.03% | −0.02 |
| HERZ Herzfeld Credit Income Fund | Sold out | 0.00% | −0.02 |
| XJEQX Abrdn Japan Equity Fund Inc. | Sold out | 0.00% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.9% | 1.38% | −0.01 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -17.4% | 0.03% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -15.6% | 0.05% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -7.2% | 0.05% | −0.00 |
| IBB iShares Biotechnology ETF | Reduce -1.4% | 0.21% | +0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 0.84% | +0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -4.2% | 0.11% | +0.00 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -7.0% | 0.19% | +0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -6.3% | 0.35% | +0.01 |
| ASA ASA Gold and Precious Metals | Reduce -21.2% | 0.04% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.4% | 0.05% | +0.01 |
| RTX RTX Corp. | Reduce -7.7% | 0.14% | +0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -4.0% | 0.45% | +0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -6.1% | 1.21% | +0.02 |
| VHT Vanguard Health Care ETF | Reduce -4.3% | 0.63% | +0.03 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -0.4% | 0.80% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.9% | 1.45% | +0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -0.7% | 1.97% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.7% | 0.99% | +0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | New | 0.86% | +0.86 |
| BKGI BNY Mellon GLBL Infra Inc. | New | 0.86% | +0.86 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.40% | +0.40 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +16.1% | 2.30% | +0.33 |
| ITOT iShares Core S&P Total U.S. | Add +10.8% | 3.17% | +0.30 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +9.9% | 1.33% | +0.22 |
| BCI Abrdn Bloomberg All Commodit | New | 0.22% | +0.22 |
| AGG iShares Core U.S. Aggregate | Add +4.5% | 1.86% | +0.20 |
| VIG Vanguard Dividend Apprec ETF | Add +5.7% | 1.37% | +0.12 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.12% | +0.12 |
| IEI iShares 3-7 Year Treasury Bo | Add +77.7% | 0.23% | +0.11 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.11% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +3.7% | 2.67% | +0.10 |
| CART Maplebear Inc. | New | 0.10% | +0.10 |
| VDE Vanguard Energy ETF | Add +2.4% | 0.66% | +0.09 |
| MCHI iShares MSCI China ETF | New | 0.08% | +0.08 |
| IJR iShares Core S&P Small-Cap E | Add +33.8% | 0.33% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +1.8% | 0.58% | +0.06 |
| IYY iShares Dow Jones U.S. ETF | New | 0.06% | +0.06 |
| ESGV Vanguard ESG US Stock ETF | Add +6.8% | 1.34% | +0.06 |
| EWG iShares MSCI Germany ETF | New | 0.06% | +0.06 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +1.9% | 0.93% | +0.06 |
| VSGX Vanguard ESG Intl Stock ETF | Add +2.9% | 0.48% | +0.05 |
| VT Vanguard Tot World STK ETF | Add +3.3% | 0.79% | +0.05 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +23.1% | 0.23% | +0.05 |
| PRU Prudential Financial Inc. | New | 0.05% | +0.05 |
| EWY iShares MSCI South Korea ETF | New | 0.04% | +0.04 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.04% | +0.04 |
| URA Global X Uranium ETF | New | 0.04% | +0.04 |
| XYZ Block Inc. | New | 0.04% | +0.04 |
| EFV iShares MSCI Eafe Value ETF | New | 0.04% | +0.04 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | New | 0.03% | +0.03 |
| VGK Vanguard Ftse Europe ETF | New | 0.03% | +0.03 |
| UBER Uber Technologies Inc. | Add +4.5% | 0.13% | +0.03 |
| EWJ iShares MSCI Japan ETF | New | 0.03% | +0.03 |
| AIG American International Group | New | 0.03% | +0.03 |
| BTT BlackRock 2030 Muni TRGT TRM | New | 0.03% | +0.03 |
| SLV iShares Silver Trust | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.9% | 0.36% | +0.03 |
| T AT&T Inc. | Add +11.3% | 0.09% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +1.0% | 2.56% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +3.4% | 0.88% | +0.02 |
| WIW Western Asst Infl-LNK Opp | Add +8.1% | 0.09% | +0.02 |
| VZ Verizon Communications Inc. | Add +8.5% | 0.06% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | Add +0.0% | 0.80% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.4% | 0.21% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +9.3% | 0.11% | +0.01 |
| GEHC GE Healthcare Technology | Add +2.2% | 0.06% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +8.1% | 0.06% | +0.00 |
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 |