Twin Focus Capital Partners, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Twin Focus Capital Partners, LLC reported 172 stock positions worth $870.1 million. Its top holding was iShares Gold Trust (IAU) at 11.8% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 10.8%) and VG Morningstar TS MKT ETF-US (VTI, 7.9%). Compared with Q4 2025, it opened 18 new positions, sold out of 26, added to 42 and reduced 40. The biggest buy was iShares Gold Trust (IAU, shares +5%) and the biggest sale an exit from Janus Henderson Aaa Clo ETF (JAAA).
- Most Recent 13F
- Q2 2026
- Location
- Boston, MA
- CIK
- 0001387761
- Portfolio Value
- $870.1M (Q1 2026)
- SEC Filing
- 0001172661-26-001948 ↗ filed May 14, 2026
Holdings Value
Holdings 172 stocks · $870.1M
| IAU iShares Gold Trust | 11.77% | 1,161,576 | $102.4M | Add +5.0% |
| IEFA iShares Core MSCI Eafe ETF | 10.79% | 1,036,898 | $93.9M | Add +2.4% |
| VTI VG Morningstar TS MKT ETF-US | 7.93% | 215,023 | $69.0M | Reduce -4.2% |
| DELL Dell Technologies -C | 4.25% | 225,500 | $37.0M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.57% | 47,820 | $31.1M | Add +38.5% |
| GLD SPDR Gold Shares | 3.35% | 67,740 | $29.1M | Reduce -0.9% |
| ITOT iShares Core S&P Total U.S. | 2.89% | 176,721 | $25.2M | Add +7.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.47% | 219,393 | $21.5M | Reduce -0.7% |
| VOO Vanguard S&P 500 ETF | 2.24% | 32,611 | $19.5M | Add +7.5% |
| AGG iShares Core U.S. Aggregate | 2.10% | 184,204 | $18.3M | Add +15.3% |
| VTIP Vanguard Short-Term Tips | 1.96% | 340,621 | $17.0M | Reduce -4.8% |
| IVW iShares S&P 500 Growth ETF | 1.77% | 135,861 | $15.4M | Reduce -13.0% |
| IWB iShares Russell 1000 ETF | 1.69% | 41,161 | $14.7M | No change |
| VWO Vanguard Ftse Emerging Marke | 1.49% | 239,369 | $12.9M | Add +17.7% |
| TIP iShares Tips Bond ETF | 1.45% | 114,441 | $12.6M | Add +0.7% |
| BKGI BNY Mellon GLBL Infra Inc. | 1.29% | 252,819 | $11.3M | Reduce -1.3% |
| VIG Vanguard Dividend Apprec ETF | 1.28% | 51,869 | $11.2M | Add +15.3% |
| IEMG iShares Core MSCI Emerging | 1.23% | 153,917 | $10.7M | Reduce -1.8% |
| IVV iShares Core S&P 500 ETF | 1.21% | 16,116 | $10.5M | Add +20.3% |
| VEA Vanguard Ftse Developed ETF | 1.20% | 162,334 | $10.4M | Add +15.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.11% | 210,212 | $9.6M | Reduce -5.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.09% | 16,495 | $9.5M | Add +29.0% |
| IWS iShares Russell Mid-Cap Valu | 1.09% | 65,309 | $9.5M | Reduce -4.5% |
| MRNA Moderna Inc. | 1.08% | 185,601 | $9.4M | Add +0.1% |
| ESGV Vanguard ESG US Stock ETF | 0.99% | 77,095 | $8.7M | Reduce -5.3% |
| CGEM Cullinan Therapeutics Inc. | 0.97% | 595,489 | $8.5M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.92% | 18,373 | $8.0M | Add +22.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.91% | 42,976 | $7.9M | Add +6.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.91% | 105,434 | $7.9M | No change |
| KVYO Klaviyo Inc. Class A | 0.82% | 364,666 | $7.1M | No change |
| IJH iShares Core S&P Midcap ETF | 0.78% | 101,094 | $6.8M | Add +2.7% |
| VT Vanguard Tot World STK ETF | 0.78% | 49,231 | $6.8M | Add +3.0% |
| HGER Harbor Commodity All Weather | 0.75% | 209,580 | $6.5M | Add +96.2% |
| VSGX Vanguard ESG Intl Stock ETF | 0.73% | 88,116 | $6.3M | Add +0.0% |
| IWR iShares Russell Mid-Cap ETF | 0.67% | 59,518 | $5.8M | Reduce -0.9% |
| VDE Vanguard Energy ETF | 0.66% | 33,211 | $5.7M | Add +0.7% |
| IWM iShares Russell 2000 ETF | 0.60% | 21,017 | $5.2M | Add +58.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.59% | 26,061 | $5.1M | Add +29.1% |
| IVE iShares S&P 500 Value ETF | 0.58% | 23,930 | $5.1M | Reduce -32.3% |
| EWJ iShares MSCI Japan ETF | 0.57% | 58,376 | $4.9M | No change |
| XLV SS Health Care Select Sector | 0.54% | 32,269 | $4.7M | Reduce -0.7% |
| VXUS Vanguard Total Intl Stock | 0.53% | 59,722 | $4.6M | No change |
| EEM iShares MSCI Emerging Market | 0.52% | 79,069 | $4.5M | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.50% | 14,476 | $4.3M | Add +3.1% |
| XLK SS Technology Select Sector | 0.50% | 32,463 | $4.3M | Add +2.0% |
| VXF Vanguard Extended Market ETF | 0.48% | 20,311 | $4.2M | Add +31.1% |
| IWV iShares Russell 3000 ETF | 0.48% | 11,253 | $4.2M | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.47% | 28,285 | $4.1M | Reduce -0.9% |
| IEV iShares Europe ETF | 0.46% | 59,166 | $4.0M | Add +104.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.43% | 8,022 | $3.7M | Add +31.6% |
| IWD iShares Russell 1000 Value E | 0.39% | 15,943 | $3.4M | No change |
| ILCG iShares Morningstar Growth E | 0.39% | 35,571 | $3.4M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.37% | 27,492 | $3.3M | Add +129.7% |
| SDY SS SPDR S&P Dividend ETF | 0.36% | 21,345 | $3.1M | No change |
| VOXR Vox Royalty Corp. | 0.34% | 558,988 | $2.9M | No change |
| CEF Sprott Physical Gold and Sil | 0.29% | 52,845 | $2.5M | Reduce -1.9% |
| IJR iShares Core S&P Small-Cap E | 0.29% | 20,088 | $2.5M | Add +5.8% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.28% | 46,004 | $2.4M | Reduce -3.5% |
| SOXX iShares Semiconductor ETF | 0.27% | 7,106 | $2.3M | Add +14.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 8,123 | $2.3M | Add +64.0% |
| IEF iShares 7-10 Year Treasury B | 0.25% | 23,184 | $2.2M | Add +307.6% |
| XLP SS Consumer Staples Sel Sect | 0.24% | 25,019 | $2.1M | Reduce -10.9% |
| VCIT Vanguard Int-Term Corporate | 0.22% | 23,544 | $1.9M | No change |
| VYM Vanguard High DVD Yield ETF | 0.21% | 12,366 | $1.8M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.21% | 22,958 | $1.8M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.20% | 29,982 | $1.7M | Reduce -5.3% |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 8,800 | $1.7M | No change |
| XBI SS SPDR S&P Biotech ETF | 0.19% | 12,900 | $1.6M | No change |
| VONE Vanguard Russell 1000 | 0.19% | 5,565 | $1.6M | New |
| EZU iShares MSCI Eurozone ETF | 0.18% | 25,056 | $1.6M | Reduce -33.8% |
| XOM Exxon Mobil Corp. | 0.18% | 9,227 | $1.6M | No change |
| ECHO Echostar Corp. Class A | 0.17% | 13,000 | $1.5M | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.17% | 32,855 | $1.5M | Add +0.7% |
| MGNR Amer Beac GLG NTRL Rsrcs ETF filed as AMERICAN BEACON SELECT FUNDS | 0.16% | 27,000 | $1.4M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 5,030 | $1.3M | Add +51.9% |
| AIQ Global X Art Intel & Tech | 0.15% | 27,865 | $1.3M | No change |
| BKMI BNY Mellon Muni Int ETF | 0.15% | 49,504 | $1.3M | New |
| IWP iShares Russell Mid-Cap Grow | 0.15% | 10,083 | $1.3M | No change |
| JEPI JPMorgan Equity Premium Inco | 0.14% | 22,160 | $1.3M | New |
| CRCL Circle Internet Group Inc. | 0.14% | 12,833 | $1.2M | New |
| GLW Corning Inc. | 0.13% | 8,000 | $1.1M | Reduce -36.0% |
| VOYA Voya Financial Inc. | 0.12% | 15,540 | $1.1M | No change |
| AAPL Apple Inc. | 0.12% | 4,078 | $1.0M | Reduce -87.5% |
| PAVE Global X US Infrastructure | 0.12% | 20,070 | $1.0M | Reduce -42.5% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.12% | 8,651 | $1.0M | New |
| ASHR Xtrackers Harvest Csi 300 CH | 0.11% | 29,643 | $968K | Reduce -20.3% |
| RTX RTX Corp. | 0.11% | 4,950 | $955K | Reduce -10.3% |
| WLK Westlake Corp. | 0.11% | 8,000 | $935K | New |
| GOOGL Alphabet Inc. Class A | 0.11% | 3,200 | $920K | Reduce -88.9% |
| XLI SS Industrial Select Sector | 0.10% | 5,635 | $911K | Reduce -10.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.10% | 11,650 | $892K | No change |
| UBER Uber Technologies Inc. | 0.10% | 11,708 | $842K | No change |
| IUSG iShares Core S&P U.S. Growth | 0.10% | 5,331 | $827K | No change |
| KKR KKR & Co. Inc. | 0.09% | 8,800 | $814K | New |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.09% | 9,000 | $811K | No change |
| IWF iShares Russell 1000 Growth | 0.09% | 1,833 | $782K | No change |
| EWY iShares MSCI South Korea ETF | 0.09% | 6,279 | $772K | Add +26.7% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.09% | 1,930 | $753K | No change |
| STEW SRH Total Return Fund Inc. | 0.09% | 43,487 | $744K | No change |
| URA Global X Uranium ETF | 0.09% | 15,300 | $741K | No change |
Options reported separately and not counted above: 0 puts ($741K).
Portfolio Sells Q4 2025 → Q1 2026
| JAAA Janus Henderson Aaa Clo ETF | Sold out | 0.00% | −1.69 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.11 |
| GOOGL Alphabet Inc. Class A | Reduce -88.9% | 0.11% | −0.94 |
| AAPL Apple Inc. | Reduce -87.5% | 0.12% | −0.90 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.2% | 7.93% | −0.75 |
| IVW iShares S&P 500 Growth ETF | Reduce -13.0% | 1.77% | −0.45 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.32 |
| IVE iShares S&P 500 Value ETF | Reduce -32.3% | 0.58% | −0.28 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.28 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.7% | 2.47% | −0.25 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.22 |
| ESGV Vanguard ESG US Stock ETF | Reduce -5.3% | 0.99% | −0.14 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.12 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.12 |
| EZU iShares MSCI Eurozone ETF | Reduce -33.8% | 0.18% | −0.10 |
| VTIP Vanguard Short-Term Tips | Reduce -4.8% | 1.96% | −0.08 |
| AKRE Akre Focus ETF | Reduce -3.5% | 0.28% | −0.08 |
| ADX Adams Diversified Equity | Reduce -68.4% | 0.03% | −0.08 |
| PAVE Global X US Infrastructure | Reduce -42.5% | 0.12% | −0.07 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.07 |
| JPM JPMorgan Chase & Co. | Reduce -51.1% | 0.06% | −0.07 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −0.06 |
| T AT&T Inc. | Sold out | 0.00% | −0.06 |
| HODL Vaneck Bitcoin ETF | Reduce -56.3% | 0.03% | −0.05 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.05 |
| INTC Intel Corp. | Sold out | 0.00% | −0.05 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.05 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.05 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.05 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.04 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.04 |
| EMQQ Emg MKT Internet ETF-USA Inc. | Sold out | 0.00% | −0.04 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -0.7% | 0.54% | −0.04 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Sold out | 0.00% | −0.03 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.03 |
| ASHR Xtrackers Harvest Csi 300 CH | Reduce -20.3% | 0.11% | −0.03 |
| ABBV Abbvie Inc. | Sold out | 0.00% | −0.03 |
| BTT BlackRock 2030 Muni TRGT TRM | Sold out | 0.00% | −0.03 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.03 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.02 |
| MS Morgan Stanley | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Reduce -24.4% | 0.05% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -33.7% | 0.04% | −0.02 |
| FIS Fidelity National Info Serv | Reduce -1.2% | 0.04% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.5% | 1.09% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -10.9% | 0.24% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.06% | −0.01 |
| PPLT Abrdn Physical Platinum SHRS | Reduce -22.9% | 0.04% | −0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -5.3% | 0.20% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| IAU iShares Gold Trust | Add +5.0% | 11.77% | +1.42 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +38.5% | 3.57% | +0.86 |
| MRNA Moderna Inc. | Add +0.1% | 1.08% | +0.45 |
| HGER Harbor Commodity All Weather | Add +96.2% | 0.75% | +0.44 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.4% | 10.79% | +0.34 |
| AGG iShares Core U.S. Aggregate | Add +15.3% | 2.10% | +0.26 |
| IEV iShares Europe ETF | Add +104.5% | 0.46% | +0.23 |
| VWO Vanguard Ftse Emerging Marke | Add +17.7% | 1.49% | +0.23 |
| IWM iShares Russell 2000 ETF | Add +58.0% | 0.60% | +0.22 |
| IEI iShares 3-7 Year Treasury Bo | Add +129.7% | 0.37% | +0.21 |
| IEF iShares 7-10 Year Treasury B | Add +307.6% | 0.25% | +0.19 |
| QQQ Invesco QQQ Trust Series 1 | Add +29.0% | 1.09% | +0.19 |
| VONE Vanguard Russell 1000 | New | 0.19% | +0.19 |
| VEA Vanguard Ftse Developed ETF | Add +15.9% | 1.20% | +0.19 |
| VDE Vanguard Energy ETF | Add +0.7% | 0.66% | +0.18 |
| MGNR Amer Beac GLG NTRL Rsrcs ETF | New | 0.16% | +0.16 |
| IVV iShares Core S&P 500 ETF | Add +20.3% | 1.21% | +0.15 |
| BKMI BNY Mellon Muni Int ETF | New | 0.15% | +0.15 |
| JEPI JPMorgan Equity Premium Inco | New | 0.14% | +0.14 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +29.1% | 0.59% | +0.14 |
| VIG Vanguard Dividend Apprec ETF | Add +15.3% | 1.28% | +0.14 |
| CRCL Circle Internet Group Inc. | New | 0.14% | +0.14 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 0.12% | +0.12 |
| WLK Westlake Corp. | New | 0.11% | +0.11 |
| VXF Vanguard Extended Market ETF | Add +31.1% | 0.48% | +0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +64.0% | 0.27% | +0.10 |
| KKR KKR & Co. Inc. | New | 0.09% | +0.09 |
| DIA SS SPDR Dow Jones Indus Avg | Add +31.6% | 0.43% | +0.09 |
| ITOT iShares Core S&P Total U.S. | Add +7.9% | 2.89% | +0.09 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +6.4% | 0.91% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +22.2% | 0.92% | +0.08 |
| W Wayfair Inc. Class A | New | 0.08% | +0.08 |
| NYF iShares New York Muni Bond E | New | 0.08% | +0.08 |
| ILF iShares Latin America 40 ETF | New | 0.07% | +0.07 |
| CALY Callaway Golf Company | New | 0.07% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +51.9% | 0.15% | +0.05 |
| SOXX iShares Semiconductor ETF | Add +14.3% | 0.27% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +7.5% | 2.24% | +0.05 |
| IQLT iShares MSCI International Q | Add +166.9% | 0.07% | +0.04 |
| BITO Proshares Bitcoin ETF-Usd | New | 0.04% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +2.7% | 0.78% | +0.04 |
| EWY iShares MSCI South Korea ETF | Add +26.7% | 0.09% | +0.03 |
| BKLC BNY Mellon US LRG Cap Cor | New | 0.03% | +0.03 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.03% | +0.03 |
| COMT iShares Gsci Commodity Dynam | New | 0.03% | +0.03 |
| EVRG Evergy Inc. | New | 0.02% | +0.02 |
| KO The Coca-Cola Co. | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +5.8% | 0.29% | +0.02 |
| TIP iShares Tips Bond ETF | Add +0.7% | 1.45% | +0.01 |
| IYY iShares Dow Jones U.S. ETF | Add +26.7% | 0.07% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| 0 | put | New | 1,700 | $741K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |