Twin Focus Capital Partners, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Twin Focus Capital Partners, LLC reported 167 stock positions worth $714.2 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 11.2% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 9.8%) and iShares Gold Trust (IAU, 8.7%). Compared with Q1 2025, it opened 25 new positions, sold out of 12, added to 38 and reduced 42. The biggest buy was a new position in Klaviyo Class A (KVYO) and the biggest sale an exit from iShares Russell 1000 Growth (IWF).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $714.2M (Q2 2025)
- SEC Filing
- 0001172661-25-003058 ↗ filed Aug 12, 2025
Holdings Value
Holdings 167 stocks · $714.2M
| IEFA iShares Core MSCI Eafe ETF | 11.17% | 955,580 | $79.8M | Add +5.6% |
| VTI VG Morningstar TS MKT ETF-US | 9.80% | 230,270 | $70.0M | Reduce -0.6% |
| IAU iShares Gold Trust | 8.66% | 991,700 | $61.8M | Add +19.2% |
| DELL Dell Technologies -C | 3.91% | 228,000 | $28.0M | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.13% | 234,498 | $22.4M | Reduce -3.3% |
| GLD SPDR Gold Shares | 2.94% | 68,776 | $21.0M | Reduce -7.9% |
| ITOT iShares Core S&P Total U.S. | 2.90% | 153,296 | $20.7M | Reduce -8.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.30% | 26,538 | $16.4M | Add +0.2% |
| VTIP Vanguard Short-Term Tips | 2.23% | 317,140 | $15.9M | Reduce -0.0% |
| JAAA Janus Henderson Aaa Clo ETF | 2.04% | 287,009 | $14.6M | Add +14.7% |
| KVYO Klaviyo Inc. Class A | 2.01% | 427,136 | $14.3M | New |
| VOO Vanguard S&P 500 ETF | 1.97% | 24,796 | $14.1M | Reduce -25.8% |
| IWB iShares Russell 1000 ETF | 1.96% | 41,172 | $14.0M | Reduce -23.5% |
| AGG iShares Core U.S. Aggregate | 1.82% | 131,094 | $13.0M | Add +8.4% |
| TIP iShares Tips Bond ETF | 1.66% | 107,631 | $11.8M | Reduce -0.8% |
| IVW iShares S&P 500 Growth ETF | 1.54% | 100,205 | $11.0M | Add +16.0% |
| VWO Vanguard Ftse Emerging Marke | 1.42% | 205,330 | $10.2M | Reduce -0.1% |
| BKGI BNY Mellon GLBL Infra Inc. | 1.41% | 256,019 | $10.1M | Add +58.9% |
| VIG Vanguard Dividend Apprec ETF | 1.28% | 44,828 | $9.2M | Reduce -1.6% |
| IWS iShares Russell Mid-Cap Valu | 1.27% | 68,402 | $9.0M | Reduce -3.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.24% | 108,050 | $8.8M | Reduce -0.2% |
| ESGV Vanguard ESG US Stock ETF | 1.14% | 74,092 | $8.1M | Reduce -16.0% |
| IVV iShares Core S&P 500 ETF | 1.11% | 12,773 | $7.9M | Add +33.1% |
| IEMG iShares Core MSCI Emerging | 1.10% | 131,122 | $7.9M | Reduce -9.1% |
| VEA Vanguard Ftse Developed ETF | 1.07% | 133,626 | $7.6M | Add +6.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.99% | 105,404 | $7.1M | Reduce -3.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.99% | 12,783 | $7.1M | Add +7.8% |
| AAPL Apple Inc. | 0.97% | 33,805 | $6.9M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.95% | 15,433 | $6.8M | Add +3.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.86% | 37,494 | $6.2M | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 0.85% | 98,212 | $6.1M | Add +1.0% |
| VT Vanguard Tot World STK ETF | 0.81% | 45,063 | $5.8M | Add +3.0% |
| VSS Vanguard Ftse All Wo X-US SC | 0.80% | 42,511 | $5.7M | Reduce -4.7% |
| IWR iShares Russell Mid-Cap ETF | 0.77% | 59,916 | $5.5M | Reduce -1.1% |
| VSGX Vanguard ESG Intl Stock ETF | 0.65% | 70,807 | $4.6M | Add +34.8% |
| CGEM Cullinan Therapeutics Inc. | 0.63% | 595,489 | $4.5M | No change |
| XLV SS Health Care Select Sector | 0.60% | 31,563 | $4.3M | Reduce -33.5% |
| VXUS Vanguard Total Intl Stock | 0.58% | 59,722 | $4.1M | No change |
| EEM iShares MSCI Emerging Market | 0.58% | 85,269 | $4.1M | Reduce -9.2% |
| XLK SS Technology Select Sector | 0.57% | 15,999 | $4.1M | Reduce -2.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.57% | 14,160 | $4.0M | Add +11.0% |
| IWV iShares Russell 3000 ETF | 0.56% | 11,360 | $4.0M | Reduce -1.4% |
| VDE Vanguard Energy ETF | 0.55% | 32,977 | $3.9M | No change |
| ILCG iShares Morningstar Growth E | 0.48% | 35,142 | $3.4M | Add +0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.47% | 18,876 | $3.3M | Add +40.6% |
| ICE Intercontinental Exchange Inc. | 0.46% | 18,005 | $3.3M | No change |
| AMZN Amazon.com Inc. | 0.46% | 15,037 | $3.3M | New |
| IWD iShares Russell 1000 Value E | 0.43% | 15,943 | $3.1M | No change |
| MSFT Microsoft Corp. | 0.43% | 6,127 | $3.0M | Reduce -2.4% |
| SDY SS SPDR S&P Dividend ETF | 0.43% | 22,373 | $3.0M | Add +4.6% |
| IWM iShares Russell 2000 ETF | 0.41% | 13,593 | $2.9M | Reduce -46.3% |
| TLT iShares 20+ Year Treasury BD | 0.39% | 31,858 | $2.8M | Reduce -5.4% |
| VXF Vanguard Extended Market ETF | 0.38% | 14,177 | $2.7M | Reduce -13.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 6,098 | $2.7M | No change |
| XLP SS Consumer Staples Sel Sect | 0.31% | 27,534 | $2.2M | Reduce -1.4% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 19,328 | $2.1M | Reduce -4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 7,000 | $2.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.28% | 11,180 | $2.0M | Add +4.2% |
| BLK BlackRock Inc. | 0.27% | 1,850 | $1.9M | No change |
| AVGO Broadcom Inc. | 0.27% | 7,000 | $1.9M | Reduce -22.6% |
| IEV iShares Europe ETF | 0.25% | 28,624 | $1.8M | Add +1.8% |
| VOXR Vox Royalty Corp. | 0.25% | 558,988 | $1.8M | No change |
| VYM Vanguard High DVD Yield ETF | 0.23% | 12,466 | $1.7M | Add +383.0% |
| CEF Sprott Physical Gold and Sil | 0.23% | 53,845 | $1.6M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.22% | 30,244 | $1.6M | Add +6.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 19,263 | $1.5M | Add +11.3% |
| HUBS HubSpot Inc. | 0.21% | 2,666 | $1.5M | New |
| IEI iShares 3-7 Year Treasury Bo | 0.21% | 12,358 | $1.5M | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.19% | 4,960 | $1.4M | Reduce -5.1% |
| GEV GE Vernova Inc. | 0.19% | 2,593 | $1.4M | No change |
| HGER Harbor Commodity All Weather | 0.19% | 55,500 | $1.3M | New |
| SOXX iShares Semiconductor ETF | 0.19% | 5,601 | $1.3M | Reduce -40.3% |
| ESGE iShares Inc. iShares ESG Awar | 0.18% | 32,656 | $1.3M | Reduce -5.1% |
| IVE iShares S&P 500 Value ETF | 0.17% | 6,276 | $1.2M | New |
| JPM JPMorgan Chase & Co. | 0.17% | 4,122 | $1.2M | No change |
| AIQ Global X Art Intel & Tech | 0.16% | 26,865 | $1.2M | No change |
| GLP Global Partners LP | 0.16% | 22,000 | $1.2M | No change |
| GE General Electric filed as GE AEROSPACE | 0.16% | 4,377 | $1.1M | No change |
| UBER Uber Technologies Inc. | 0.15% | 11,708 | $1.1M | No change |
| NVDA Nvidia Corp. | 0.15% | 6,690 | $1.1M | No change |
| XOM Exxon Mobil Corp. | 0.14% | 9,227 | $995K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.14% | 1,930 | $983K | No change |
| XBI SS SPDR S&P Biotech ETF | 0.14% | 11,800 | $979K | No change |
| RTX RTX Corp. | 0.13% | 6,450 | $942K | Reduce -2.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 3,721 | $882K | Add +12.1% |
| MCK McKesson Corp. | 0.12% | 1,200 | $879K | No change |
| ADX Adams Diversified Equity | 0.12% | 40,205 | $873K | No change |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.12% | 9,000 | $869K | Reduce -49.4% |
| IUSG iShares Core S&P U.S. Growth | 0.11% | 5,331 | $802K | New |
| STEW SRH Total Return Fund Inc. | 0.11% | 43,487 | $769K | Reduce -21.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.10% | 1 | $729K | No change |
| CART Maplebear Inc. | 0.10% | 15,700 | $710K | No change |
| MLPA Global X MLP ETF | 0.09% | 13,384 | $672K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.09% | 12,200 | $663K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.09% | 10,220 | $649K | Add +149.3% |
| GLW Corning Inc. | 0.09% | 12,016 | $632K | Add +0.1% |
| FIS Fidelity National Info Serv | 0.09% | 7,695 | $626K | Add +58.0% |
| EWJ iShares MSCI Japan ETF | 0.08% | 8,072 | $605K | Add +164.7% |
| UNH Unitedhealth Group Inc. | 0.08% | 1,925 | $601K | New |
| WIW Western Asst Infl-LNK Opp | 0.08% | 67,463 | $591K | Add +3.7% |
Portfolio Sells Q1 2025 → Q2 2025
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −1.53 |
| VOO Vanguard S&P 500 ETF | Reduce -25.8% | 1.97% | −0.70 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.63 |
| IWB iShares Russell 1000 ETF | Reduce -23.5% | 1.96% | −0.61 |
| XLV SS Health Care Select Sector | Reduce -33.5% | 0.60% | −0.48 |
| GLD SPDR Gold Shares | Reduce -7.9% | 2.94% | −0.41 |
| IWM iShares Russell 2000 ETF | Reduce -46.3% | 0.41% | −0.37 |
| ITOT iShares Core S&P Total U.S. | Reduce -8.3% | 2.90% | −0.27 |
| GXC State Street SPDR S&P China | Sold out | 0.00% | −0.24 |
| VTIP Vanguard Short-Term Tips | Reduce -0.0% | 2.23% | −0.23 |
| BCI Abrdn Bloomberg All Commodit | Sold out | 0.00% | −0.22 |
| TIP iShares Tips Bond ETF | Reduce -0.8% | 1.66% | −0.21 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.21 |
| ESGV Vanguard ESG US Stock ETF | Reduce -16.0% | 1.14% | −0.20 |
| TROW T Rowe Price Group Inc. | Reduce -49.4% | 0.12% | −0.13 |
| IWS iShares Russell Mid-Cap Valu | Reduce -3.3% | 1.27% | −0.12 |
| TBF Proshares Short 20+ Treasury | Sold out | 0.00% | −0.11 |
| IEMG iShares Core MSCI Emerging | Reduce -9.1% | 1.10% | −0.11 |
| EWX State Street SPDR S&P Emergi | Sold out | 0.00% | −0.10 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -0.2% | 1.24% | −0.09 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.6% | 9.80% | −0.09 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.6% | 1.28% | −0.09 |
| SOXX iShares Semiconductor ETF | Reduce -40.3% | 0.19% | −0.09 |
| TLT iShares 20+ Year Treasury BD | Reduce -5.4% | 0.39% | −0.08 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -50.5% | 0.07% | −0.07 |
| EEM iShares MSCI Emerging Market | Reduce -9.2% | 0.58% | −0.06 |
| TGNA Tegna Inc. | Sold out | 0.00% | −0.06 |
| VXF Vanguard Extended Market ETF | Reduce -13.2% | 0.38% | −0.05 |
| COMT iShares Gsci Commodity Dynam | Reduce -59.3% | 0.03% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -1.4% | 0.31% | −0.04 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -3.9% | 0.99% | −0.04 |
| STEW SRH Total Return Fund Inc. | Reduce -21.0% | 0.11% | −0.04 |
| VNQ Vanguard Real Estate ETF | Reduce -22.4% | 0.07% | −0.03 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.03 |
| AIG American International Group | Sold out | 0.00% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.2% | 0.30% | −0.03 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.03 |
| TFI SS SPDR N Ice Muni Bond ETF | Sold out | 0.00% | −0.03 |
| IWR iShares Russell Mid-Cap ETF | Reduce -1.1% | 0.77% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -28.3% | 0.07% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.1% | 1.42% | −0.02 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -16.0% | 0.04% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -5.1% | 0.19% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -19.5% | 0.03% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -1.4% | 0.56% | −0.01 |
| AMT American Tower Corp. | Reduce -11.7% | 0.04% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -5.1% | 0.18% | −0.01 |
| RTX RTX Corp. | Reduce -2.6% | 0.13% | −0.00 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -4.7% | 0.80% | −0.00 |
| C Citigroup Inc. | Reduce -0.1% | 0.07% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| KVYO Klaviyo Inc. Class A | New | 2.01% | +2.01 |
| IAU iShares Gold Trust | Add +19.2% | 8.66% | +1.04 |
| BKGI BNY Mellon GLBL Infra Inc. | Add +58.9% | 1.41% | +0.55 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.6% | 11.17% | +0.53 |
| AMZN Amazon.com Inc. | New | 0.46% | +0.46 |
| IVW iShares S&P 500 Growth ETF | Add +16.0% | 1.54% | +0.30 |
| IVV iShares Core S&P 500 ETF | Add +33.1% | 1.11% | +0.27 |
| HUBS HubSpot Inc. | New | 0.21% | +0.21 |
| HGER Harbor Commodity All Weather | New | 0.19% | +0.19 |
| VYM Vanguard High DVD Yield ETF | Add +383.0% | 0.23% | +0.18 |
| IVE iShares S&P 500 Value ETF | New | 0.17% | +0.17 |
| VSGX Vanguard ESG Intl Stock ETF | Add +34.8% | 0.65% | +0.17 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.8% | 0.99% | +0.12 |
| IUSG iShares Core S&P U.S. Growth | New | 0.11% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +40.6% | 0.47% | +0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.5% | 0.95% | +0.09 |
| UNH Unitedhealth Group Inc. | New | 0.08% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +6.2% | 1.07% | +0.07 |
| JAAA Janus Henderson Aaa Clo ETF | Add +14.7% | 2.04% | +0.07 |
| VCIT Vanguard Int-Term Corporate | New | 0.07% | +0.07 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +11.0% | 0.57% | +0.06 |
| EFV iShares MSCI Eafe Value ETF | Add +149.3% | 0.09% | +0.05 |
| EZU iShares MSCI Eurozone ETF | New | 0.05% | +0.05 |
| EWJ iShares MSCI Japan ETF | Add +164.7% | 0.08% | +0.05 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.05% | +0.05 |
| CLOA iShares Aaa Clo Act ETF-Usdi | New | 0.04% | +0.04 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.04% | +0.04 |
| ILCG iShares Morningstar Growth E | Add +0.8% | 0.48% | +0.04 |
| EFA iShares MSCI Eafe ETF | New | 0.04% | +0.04 |
| QUAL iShares MSCI USA Quality Fac | New | 0.04% | +0.04 |
| IEF iShares 7-10 Year Treasury B | New | 0.04% | +0.04 |
| URA Global X Uranium ETF | Add +18.3% | 0.07% | +0.03 |
| IDXX Idexx Laboratories Inc. | New | 0.03% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | New | 0.03% | +0.03 |
| META Meta Platforms Inc. Class A | New | 0.03% | +0.03 |
| FIS Fidelity National Info Serv | Add +58.0% | 0.09% | +0.03 |
| PYPL PayPal Holdings Inc. | New | 0.03% | +0.03 |
| IQLT iShares MSCI International Q | New | 0.03% | +0.03 |
| BTC Grayscale Bitcoin Mini ETF | New | 0.03% | +0.03 |
| BA The Boeing Co. | New | 0.03% | +0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.03% | +0.03 |
| INTC Intel Corp. | New | 0.03% | +0.03 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Add +20.8% | 0.07% | +0.03 |
| KCCA Kraneshares California Carbo | New | 0.02% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +3.0% | 0.81% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +4.2% | 0.28% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +12.1% | 0.12% | +0.01 |
| GLW Corning Inc. | Add +0.1% | 0.09% | +0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +11.3% | 0.21% | +0.00 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +12.5% | 0.03% | +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 |