Twin Focus Capital Partners, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Twin Focus Capital Partners, LLC reported 180 stock positions worth $867.7 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 10.4% of the portfolio, followed by iShares Gold Trust (IAU, 10.4%) and VG Morningstar TS MKT ETF-US (VTI, 8.7%). Compared with Q3 2025, it opened 10 new positions, sold out of 18, added to 66 and reduced 33. The biggest buy was Amazon.com (AMZN, shares +669%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $867.7M (Q4 2025)
- SEC Filing
- 0001172661-26-000934 ↗ filed Feb 17, 2026
Holdings Value
Holdings 180 stocks · $867.7M
| IEFA iShares Core MSCI Eafe ETF | 10.45% | 1,013,101 | $90.6M | Add +2.1% |
| IAU iShares Gold Trust | 10.35% | 1,106,435 | $89.8M | Add +5.5% |
| VTI VG Morningstar TS MKT ETF-US | 8.68% | 224,527 | $75.3M | Reduce -3.5% |
| DELL Dell Technologies -C | 3.31% | 228,000 | $28.7M | No change |
| GLD SPDR Gold Shares | 3.12% | 68,333 | $27.1M | Reduce -0.9% |
| ITOT iShares Core S&P Total U.S. | 2.81% | 163,790 | $24.4M | Add +5.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.72% | 220,853 | $23.6M | Reduce -4.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.71% | 34,536 | $23.6M | Add +30.7% |
| IVW iShares S&P 500 Growth ETF | 2.22% | 156,219 | $19.3M | Add +33.5% |
| VOO Vanguard S&P 500 ETF | 2.19% | 30,328 | $19.0M | Add +24.6% |
| VTIP Vanguard Short-Term Tips | 2.04% | 357,905 | $17.7M | Add +10.2% |
| AGG iShares Core U.S. Aggregate | 1.84% | 159,772 | $16.0M | Add +17.4% |
| IWB iShares Russell 1000 ETF | 1.77% | 41,161 | $15.4M | Add +0.7% |
| JAAA Janus Henderson Aaa Clo ETF | 1.69% | 290,216 | $14.7M | Add +0.1% |
| TIP iShares Tips Bond ETF | 1.44% | 113,616 | $12.5M | Add +5.8% |
| KVYO Klaviyo Inc. Class A | 1.36% | 364,666 | $11.8M | Reduce -11.7% |
| VWO Vanguard Ftse Emerging Marke | 1.26% | 203,424 | $10.9M | Add +0.0% |
| IEMG iShares Core MSCI Emerging | 1.21% | 156,766 | $10.5M | Add +13.0% |
| BKGI BNY Mellon GLBL Infra Inc. | 1.19% | 256,019 | $10.3M | No change |
| VIG Vanguard Dividend Apprec ETF | 1.14% | 44,966 | $9.9M | Add +1.7% |
| ESGV Vanguard ESG US Stock ETF | 1.13% | 81,388 | $9.8M | Add +9.8% |
| AMZN Amazon.com Inc. | 1.11% | 41,813 | $9.7M | Add +669.0% |
| IWS iShares Russell Mid-Cap Valu | 1.11% | 68,362 | $9.6M | Reduce -0.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.09% | 221,212 | $9.4M | Add +1.2% |
| IVV iShares Core S&P 500 ETF | 1.06% | 13,400 | $9.2M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 1.04% | 28,850 | $9.0M | Add +158.1% |
| AAPL Apple Inc. | 1.02% | 32,532 | $8.8M | Reduce -3.8% |
| VEA Vanguard Ftse Developed ETF | 1.01% | 140,091 | $8.8M | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.91% | 12,783 | $7.9M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.89% | 105,434 | $7.8M | Add +0.0% |
| IVE iShares S&P 500 Value ETF | 0.86% | 35,319 | $7.5M | Add +140.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.85% | 15,032 | $7.3M | Reduce -2.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.83% | 40,389 | $7.2M | Add +3.3% |
| VT Vanguard Tot World STK ETF | 0.78% | 47,782 | $6.7M | Add +1.6% |
| IJH iShares Core S&P Midcap ETF | 0.75% | 98,425 | $6.5M | Add +0.8% |
| VSGX Vanguard ESG Intl Stock ETF | 0.73% | 88,101 | $6.3M | Add +24.4% |
| CGEM Cullinan Therapeutics Inc. | 0.71% | 595,489 | $6.2M | No change |
| IWR iShares Russell Mid-Cap ETF | 0.67% | 60,040 | $5.8M | Reduce -0.1% |
| MRNA Moderna Inc. | 0.63% | 185,480 | $5.5M | New |
| XLV SS Health Care Select Sector | 0.58% | 32,495 | $5.0M | Add +6.8% |
| EWJ iShares MSCI Japan ETF | 0.54% | 58,376 | $4.7M | Add +295.6% |
| XLK SS Technology Select Sector | 0.53% | 31,832 | $4.6M | Add +0.3% |
| VXUS Vanguard Total Intl Stock | 0.52% | 59,722 | $4.5M | Reduce -2.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.51% | 14,040 | $4.4M | No change |
| IWV iShares Russell 3000 ETF | 0.50% | 11,253 | $4.4M | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.50% | 79,069 | $4.3M | No change |
| VDE Vanguard Energy ETF | 0.48% | 32,977 | $4.2M | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.47% | 28,545 | $4.1M | Reduce -30.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 20,188 | $3.9M | No change |
| ILCG iShares Morningstar Growth E | 0.43% | 35,571 | $3.7M | Add +1.2% |
| IWD iShares Russell 1000 Value E | 0.39% | 15,943 | $3.4M | No change |
| IWM iShares Russell 2000 ETF | 0.38% | 13,300 | $3.3M | Reduce -0.8% |
| VXF Vanguard Extended Market ETF | 0.37% | 15,494 | $3.2M | Add +9.9% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.36% | 47,659 | $3.1M | New |
| SDY SS SPDR S&P Dividend ETF | 0.34% | 21,345 | $3.0M | Reduce -9.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.34% | 6,098 | $2.9M | No change |
| MSFT Microsoft Corp. | 0.32% | 5,703 | $2.8M | Reduce -12.8% |
| HGER Harbor Commodity All Weather | 0.31% | 106,842 | $2.7M | Add +92.5% |
| VOXR Vox Royalty Corp. | 0.31% | 558,988 | $2.6M | No change |
| CEF Sprott Physical Gold and Sil | 0.28% | 53,845 | $2.5M | No change |
| EZU iShares MSCI Eurozone ETF | 0.28% | 37,819 | $2.4M | Add +138.9% |
| AVGO Broadcom Inc. | 0.28% | 7,000 | $2.4M | No change |
| IJR iShares Core S&P Small-Cap E | 0.26% | 18,992 | $2.3M | Reduce -0.5% |
| XLP SS Consumer Staples Sel Sect | 0.25% | 28,070 | $2.2M | Add +2.5% |
| IEV iShares Europe ETF | 0.23% | 28,939 | $2.0M | Add +1.1% |
| VCIT Vanguard Int-Term Corporate | 0.23% | 23,544 | $2.0M | Add +312.2% |
| ICE Intercontinental Exchange Inc. | 0.22% | 11,605 | $1.9M | Reduce -35.5% |
| SOXX iShares Semiconductor ETF | 0.22% | 6,216 | $1.9M | Add +2.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 22,958 | $1.8M | Add +19.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.21% | 31,644 | $1.8M | Add +3.6% |
| VYM Vanguard High DVD Yield ETF | 0.20% | 12,366 | $1.8M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 8,800 | $1.7M | Add +193.3% |
| PAVE Global X US Infrastructure | 0.19% | 34,900 | $1.7M | Add +114.1% |
| XBI SS SPDR S&P Biotech ETF | 0.18% | 12,900 | $1.6M | Add +9.3% |
| ESGE iShares Inc. iShares ESG Awar | 0.17% | 32,637 | $1.4M | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.17% | 4,953 | $1.4M | Reduce -0.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.16% | 11,967 | $1.4M | Reduce -4.9% |
| AIQ Global X Art Intel & Tech | 0.16% | 27,865 | $1.4M | Add +3.7% |
| ECHO Echostar Corp. Class A | 0.16% | 13,000 | $1.4M | No change |
| IWP iShares Russell Mid-Cap Grow | 0.16% | 10,083 | $1.4M | Add +121.9% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.14% | 37,170 | $1.2M | Add +99.3% |
| VOYA Voya Financial Inc. | 0.13% | 15,540 | $1.2M | Add +77.5% |
| XOM Exxon Mobil Corp. | 0.13% | 9,227 | $1.1M | No change |
| GLW Corning Inc. | 0.13% | 12,500 | $1.1M | No change |
| JPM JPMorgan Chase & Co. | 0.12% | 3,347 | $1.1M | Reduce -22.2% |
| HUBS HubSpot Inc. | 0.12% | 2,666 | $1.1M | No change |
| NVDA Nvidia Corp. | 0.12% | 5,470 | $1.0M | Reduce -33.0% |
| BLK BlackRock Inc. | 0.12% | 950 | $1.0M | No change |
| RTX RTX Corp. | 0.12% | 5,517 | $1.0M | Add +1.2% |
| XLI SS Industrial Select Sector | 0.11% | 6,285 | $975K | Add +30.1% |
| UBER Uber Technologies Inc. | 0.11% | 11,708 | $957K | No change |
| ADX Adams Diversified Equity | 0.11% | 40,205 | $938K | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.11% | 11,650 | $935K | Add +47.7% |
| OWL Blue Owl Capital Inc. | 0.11% | 62,540 | $934K | New |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.11% | 9,000 | $921K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.10% | 1,930 | $905K | No change |
| IUSG iShares Core S&P U.S. Growth | 0.10% | 5,331 | $895K | No change |
| IWF iShares Russell 1000 Growth | 0.10% | 1,833 | $868K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.10% | 3,311 | $854K | Reduce -11.4% |
| VNM Vaneck Vietnam ETF | 0.09% | 42,759 | $816K | Add +0.1% |
Portfolio Sells Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.5% | 8.68% | −1.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -4.8% | 2.72% | −0.37 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -30.1% | 0.47% | −0.27 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.22 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.18 |
| ICE Intercontinental Exchange Inc. | Reduce -35.5% | 0.22% | −0.17 |
| GE General Electric | Sold out | 0.00% | −0.17 |
| GLP Global Partners LP | Sold out | 0.00% | −0.13 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.12 |
| MSFT Microsoft Corp. | Reduce -12.8% | 0.32% | −0.11 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.0% | 1.11% | −0.10 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.6% | 0.85% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -1.1% | 1.06% | −0.09 |
| KVYO Klaviyo Inc. Class A | Reduce -11.7% | 1.36% | −0.09 |
| SDY SS SPDR S&P Dividend ETF | Reduce -9.4% | 0.34% | −0.08 |
| NVDA Nvidia Corp. | Reduce -33.0% | 0.12% | −0.08 |
| AAPL Apple Inc. | Reduce -3.8% | 1.02% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.1% | 0.67% | −0.07 |
| VXUS Vanguard Total Intl Stock | Reduce -2.3% | 0.52% | −0.05 |
| IXJ iShares Global Healthcare Et | Sold out | 0.00% | −0.05 |
| HODL Vaneck Bitcoin ETF | Reduce -9.4% | 0.08% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -22.2% | 0.12% | −0.05 |
| IWV iShares Russell 3000 ETF | Reduce -0.9% | 0.50% | −0.05 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Sold out | 0.00% | −0.04 |
| IWM iShares Russell 2000 ETF | Reduce -0.8% | 0.38% | −0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.03 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.03 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.03 |
| BTC Grayscale Bitcoin Mini ETF | Sold out | 0.00% | −0.03 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -33.0% | 0.05% | −0.03 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -41.6% | 0.06% | −0.03 |
| BA The Boeing Co. | Sold out | 0.00% | −0.03 |
| ARKQ ARK Autonomous Tech & Robot | Sold out | 0.00% | −0.03 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -4.9% | 0.16% | −0.03 |
| COMT iShares Gsci Commodity Dynam | Sold out | 0.00% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.5% | 0.26% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -11.4% | 0.10% | −0.02 |
| INDA iShares MSCI India ETF | Reduce -18.1% | 0.07% | −0.02 |
| EFV iShares MSCI Eafe Value ETF | Reduce -18.9% | 0.07% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -0.2% | 0.17% | −0.02 |
| SAN Banco Santander SA-Spon ADR | Sold out | 0.00% | −0.02 |
| MFG Mizuho Financial Group-ADR | Sold out | 0.00% | −0.01 |
| MLPA Global X MLP ETF | Reduce -7.5% | 0.07% | −0.01 |
| GDX Vaneck Gold Miners ETF | Reduce -8.9% | 0.08% | −0.01 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -4.5% | 0.03% | −0.01 |
| MU Micron Technology Inc. | Reduce -40.0% | 0.05% | −0.00 |
| INTC Intel Corp. | Reduce -0.4% | 0.05% | −0.00 |
| LLY Eli Lilly & Co. | Reduce -7.2% | 0.04% | +0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| AMZN Amazon.com Inc. | Add +669.0% | 1.11% | +0.96 |
| GOOGL Alphabet Inc. Class A | Add +158.1% | 1.04% | +0.70 |
| IAU iShares Gold Trust | Add +5.5% | 10.35% | +0.66 |
| MRNA Moderna Inc. | New | 0.63% | +0.63 |
| IVE iShares S&P 500 Value ETF | Add +140.1% | 0.86% | +0.48 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +30.7% | 2.71% | +0.48 |
| IVW iShares S&P 500 Growth ETF | Add +33.5% | 2.22% | +0.42 |
| EWJ iShares MSCI Japan ETF | Add +295.6% | 0.54% | +0.39 |
| AKRE Akre Focus ETF | New | 0.36% | +0.36 |
| VOO Vanguard S&P 500 ETF | Add +24.6% | 2.19% | +0.30 |
| VCIT Vanguard Int-Term Corporate | Add +312.2% | 0.23% | +0.17 |
| EZU iShares MSCI Eurozone ETF | Add +138.9% | 0.28% | +0.15 |
| HGER Harbor Commodity All Weather | Add +92.5% | 0.31% | +0.12 |
| RSP Invesco S&P 500 Equal Weight | Add +193.3% | 0.19% | +0.12 |
| OWL Blue Owl Capital Inc. | New | 0.11% | +0.11 |
| AGG iShares Core U.S. Aggregate | Add +17.4% | 1.84% | +0.11 |
| VSGX Vanguard ESG Intl Stock ETF | Add +24.4% | 0.73% | +0.10 |
| IWF iShares Russell 1000 Growth | New | 0.10% | +0.10 |
| PAVE Global X US Infrastructure | Add +114.1% | 0.19% | +0.09 |
| IWO iShares Russell 2000 Growth | New | 0.09% | +0.09 |
| IWP iShares Russell Mid-Cap Grow | Add +121.9% | 0.16% | +0.08 |
| VGT Vanguard Info Tech ETF | New | 0.08% | +0.08 |
| ASHR Xtrackers Harvest Csi 300 CH | Add +99.3% | 0.14% | +0.06 |
| IEMG iShares Core MSCI Emerging | Add +13.0% | 1.21% | +0.05 |
| VOYA Voya Financial Inc. | Add +77.5% | 0.13% | +0.05 |
| XLV SS Health Care Select Sector | Add +6.8% | 0.58% | +0.04 |
| XLF SS Financial Select Sector | New | 0.03% | +0.03 |
| XBI SS SPDR S&P Biotech ETF | Add +9.3% | 0.18% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +47.7% | 0.11% | +0.03 |
| IEF iShares 7-10 Year Treasury B | Add +95.7% | 0.06% | +0.03 |
| XLY SS Consumer Disc Select Sect | New | 0.02% | +0.02 |
| MS Morgan Stanley | New | 0.02% | +0.02 |
| ACWX iShares MSCI Acwi Ex US ETF | New | 0.02% | +0.02 |
| SPAB SS SPDR P Agg Bond ETF | Add +111.7% | 0.05% | +0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +99.4% | 0.05% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | Add +9.8% | 1.13% | +0.02 |
| XLI SS Industrial Select Sector | Add +30.1% | 0.11% | +0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +19.2% | 0.21% | +0.02 |
| SOXX iShares Semiconductor ETF | Add +2.6% | 0.22% | +0.01 |
| WFC Wells Fargo & Co. | Add +6.9% | 0.05% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +10.0% | 0.06% | +0.00 |
| WIW Western Asst Infl-LNK Opp | Add +15.9% | 0.08% | +0.00 |
| RTX RTX Corp. | Add +1.2% | 0.12% | +0.00 |
| BAC Bank of America Corp. | Add +4.1% | 0.07% | +0.00 |
| WMT Walmart Inc. | Add +2.9% | 0.05% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +0.9% | 0.03% | −0.00 |
| VXF Vanguard Extended Market ETF | Add +9.9% | 0.37% | −0.00 |
| ABBV Abbvie Inc. | Add +5.6% | 0.03% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +1.9% | 0.02% | −0.00 |
| VNM Vaneck Vietnam ETF | Add +0.1% | 0.09% | −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 |