13F HOLDINGS REPORT

PARTNERS CAPITAL INVESTMENT GROUP, LLP

Quarter ended Q1 2024 · Filed May 14, 2024 · Accession 0001104659-24-060984

Total Value

$3.70B

Positions

140

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (140)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	iShares Core S&P 500 ETF	464287200	806,384	$423.9M	11.46%
2	United States Treasury Note/Bond	UNTCW	3,865,700	$357.5M	9.67%
3	iShares MSCI Emerging Markets ex China ETF	46434G764	5,300,526	$305.2M	8.25%
4	iShares Core MSCI World UCITS ETF	G4954M409	35,152	$274.7M	7.43%
5	Vanguard Value ETF	922908744	1,236,409	$201.4M	5.44%
6	Vanguard Short-Term Treasury ETF	92206C102	2,513,857	$146.0M	3.95%
7	SPDR Bloomberg Barclays 1-3 Month T-Bill ETF	78468R663	1,209,555	$111.0M	3.00%
8	Vanguard S&P 500 ETF	922908363	196,132	$94.3M	2.55%
9	Vanguard Short-Term Tax-Exempt Fund	922907803	5,961,730	$93.8M	2.54%
10	iShares 0-3 Month Treasury Bond ETF	46436E718	907,373	$91.4M	2.47%
11	iShares Core MSCI Emerging Markets ETF	46434G103	1,564,155	$80.7M	2.18%
12	iShares 7-10 Year Treasury Bond ETF	464287440	740,085	$70.1M	1.89%
13	SPDR Blackstone Senior Loan ETF	78467V608	1,603,670	$67.5M	1.83%
14	SPDR S&P 500 ETF Trust	SPY	111,734	$58.4M	1.58%
15	iShares Trust iShares ESG Aware MSCI USA ETF	46435G425	505,134	$58.1M	1.57%
16	iShares TIPS Bond ETF	464287176	522,788	$56.2M	1.52%
17	Telefonaktiebolaget LM Ericsson	W26049119	958,623	$55.3M	1.49%
18	Vanguard Inflation-Protected Securities Fund	922031745	5,689,086	$53.2M	1.44%
19	iShares 0-5 Year TIPS Bond ETF	46429B747	504,886	$50.2M	1.36%
20	Xtrackers MSCI Japan Hedged Equity ETF	233051507	667,645	$50.0M	1.35%
21	iShares Currency Hedged MSCI Japan ETF	46434V886	999,168	$42.0M	1.14%
22	Vanguard Total World Stock ETF	922042742	358,928	$39.7M	1.07%
23	iShares Global REIT ETF	46434V647	1,662,205	$39.4M	1.06%
24	iShares Core S&P Total US Stock Market ETF	464287150	339,297	$39.1M	1.06%
25	Vanguard Institutional Index Fund	922040100	87,500	$37.8M	1.02%
26	SPDR Bloomberg 3-12 Month T-Bill ETF	78468R523	379,432	$37.7M	1.02%
27	Vanguard Total Stock Market ETF	922908769	137,676	$35.8M	0.97%
28	iShares Currency Hedged MSCI EAFE ETF	46434V803	1,016,919	$35.5M	0.96%
29	iShares Broad USD High Yield Corporate Bond ETF	46435U853	946,179	$34.6M	0.94%
30	iShares MSCI ACWI ETF	464288257	294,914	$32.5M	0.88%
31	iShares MSCI World ETF	464286392	191,005	$27.7M	0.75%
32	Vanguard Value Index Fund	922908678	323,182	$20.5M	0.56%
33	Vanguard 500 Index Fund	922908710	42,191	$20.5M	0.55%
34	Vanguard ESG US Stock ETF	921910733	213,037	$19.9M	0.54%
35	Vanguard Total World Stock Index Fund	922042619	501,518	$19.6M	0.53%
36	iShares 1-3 Year Treasury Bond ETF	464287457	227,424	$18.6M	0.50%
37	Artisan International Value Fund	04314H857	369,075	$17.7M	0.48%
38	iShares Trust iShares ESG Aware MSCI EAFE ETF	46435G516	212,739	$17.0M	0.46%
39	WisdomTree Japan Hedged Equity Fund	WT	154,186	$16.7M	0.45%
40	iShares MSCI Japan ETF	46434G822	210,886	$15.0M	0.41%
41	iShares Short-Term National Muni Bond ETF	464288158	140,566	$14.7M	0.40%
42	Vanguard Russell 2000 ETF	92206C664	154,863	$13.2M	0.36%
43	iShares Core MSCI EAFE ETF	46432F842	169,134	$12.6M	0.34%
44	Vanguard Intermediate-Term Tax-Exempt Fund	922907878	904,327	$12.3M	0.33%
45	iShares U.S. Technology ETF	464287721	88,808	$12.0M	0.32%
46	Principal Global Real Estate Securities Fund	74254V273	1,228,920	$11.2M	0.30%
47	iShares 0-5 Year Investment Grade Corporate Bond ETF	46434V100	226,698	$11.2M	0.30%
48	SPDR S&P 500 Fossil Fuel Reserves Free ETF	78468R796	246,985	$10.6M	0.29%
49	iShares Inc iShares ESG Aware MSCI EM ETF	46434G863	300,203	$9.7M	0.26%
50	Vanguard ESG International Stock ETF	921910725	145,701	$8.4M	0.23%
51	Vanguard Intermediate-Term Treasury ETF	92206C706	138,114	$8.1M	0.22%
52	Eaton Vance Income Fund of Boston	ETN	1,568,947	$8.1M	0.22%
53	Federated Hermes Institutional High Yield Bond Fund	31420B300	918,044	$8.1M	0.22%
54	KKR & Co Inc	KKRT	70,336	$7.1M	0.19%
55	Vanguard Real Estate ETF	922908553	80,770	$7.0M	0.19%
56	Thermo Fisher Scientific Inc	TMO	11,705	$6.8M	0.18%
57	Vulcan Materials Co	929160109	24,873	$6.8M	0.18%
58	Transdigm Group Inc	TDG	5,492	$6.8M	0.18%
59	iShares MSCI Emerging Markets ETF	464287234	162,890	$6.7M	0.18%
60	iShares MSCI ACWI UCITS ETF	G4954W266	80,083	$6.6M	0.18%
61	Frank's International NV	N33462107	40,934	$6.5M	0.18%
62	Vanguard Inflation-Protected Securities Fund	922031737	284,307	$6.5M	0.18%
63	Lowe's Cos Inc	548661107	25,458	$6.5M	0.18%
64	CBRE Group Inc	CBRE	64,599	$6.3M	0.17%
65	Exxon Mobil Corp	XOM	54,007	$6.3M	0.17%
66	iShares MSCI USA Value Factor ETF	46432F388	57,877	$6.3M	0.17%
67	salesforce.com Inc	CRM	20,652	$6.2M	0.17%
68	Alphabet Inc	GOOG	40,101	$6.1M	0.16%
69	iShares 3-7 Year Treasury Bond ETF	464288661	51,671	$6.0M	0.16%
70	Danaher Corp	235851102	23,665	$5.9M	0.16%
71	Visa Inc	V	20,867	$5.8M	0.16%
72	iShares MSCI Pacific ex Japan ETF	464286665	135,555	$5.8M	0.16%
73	CSX Corp	CSX	156,140	$5.8M	0.16%
74	iShares USD Treasury Bond 1-3yr UCITS ETF	G4954G154	1,045,045	$5.7M	0.15%
75	Bristol-Myers Squibb Co	CELG-RI	104,262	$5.7M	0.15%
76	EssilorLuxottica SA	F31665106	26,879	$5.6M	0.15%
77	Union Pacific Corp	UNP	22,544	$5.5M	0.15%
78	Lamb Weston Holdings Inc	LW	51,542	$5.5M	0.15%
79	iShares Edge MSCI USA Quality Factor ETF	46432F339	32,856	$5.4M	0.15%
80	Fox Corp	FOX	172,473	$5.4M	0.15%
81	Aon PLC	AON	16,049	$5.4M	0.14%
82	United Parcel Service Inc	UPS	33,726	$5.0M	0.14%
83	iShares MSCI United Kingdom ETF	46435G334	142,121	$4.9M	0.13%
84	L'Oreal SA	F58149133	11,065	$4.9M	0.13%
85	New York Times Co/The	NYT	109,524	$4.7M	0.13%
86	Columbia EM Core ex-China ETF	19762B202	150,754	$4.7M	0.13%
87	Vanguard Short-Term Treasury Fund	922031851	412,458	$4.0M	0.11%
88	iShares Short Treasury Bond ETF	464288679	36,516	$4.0M	0.11%
89	SPDR Gold Shares	GLD	18,880	$3.9M	0.11%
90	iShares Russell 2000 ETF	464287655	18,060	$3.8M	0.10%
91	Global X FTSE Southeast Asia ETF	37950E648	249,968	$3.8M	0.10%
92	Vanguard Ultra Short Bond ETF	92203C303	74,786	$3.7M	0.10%
93	iShares MSCI EAFE Value ETF	464288877	65,354	$3.6M	0.10%
94	Invesco QQQ Trust Series 1	IVZ	7,978	$3.5M	0.10%
95	Edgewood Growth Fund	0075W0759	69,214	$3.4M	0.09%
96	HubSpot Inc	HUBS	5,249	$3.3M	0.09%
97	Brookfield Corp	11271J107	74,177	$3.1M	0.08%
98	ServiceNow Inc	NOW	3,911	$3.0M	0.08%
99	KraneShares CSI China Internet ETF	500767306	112,765	$3.0M	0.08%
100	Vanguard FTSE Emerging Markets ETF	922042858	69,391	$2.9M	0.08%
101	iShares iBoxx High Yield Corporate Bond ETF	464288513	36,915	$2.9M	0.08%
102	Xtrackers MSCI Europe Hedged Equity ETF	233051853	69,310	$2.8M	0.08%
103	iShares MSCI China ETF	46429B671	70,080	$2.8M	0.08%
104	HB Fuller Co	FUL	33,833	$2.7M	0.07%
105	Vanguard FTSE Developed Markets ETF	921943858	51,633	$2.6M	0.07%
106	iShares S&P 500 Value ETF	464287408	13,452	$2.5M	0.07%
107	iShares MSCI ACWI ex US ETF	464288240	42,607	$2.3M	0.06%
108	iShares MSCI EM EX-China UCITS ETF	G4955N182	551,796	$2.3M	0.06%
109	Argenx SE	ARGX	5,662	$2.2M	0.06%
110	iShares Residential and Multisector Real Estate ETF	464288562	28,990	$2.1M	0.06%
111	iShares Gold Trust	IAU	42,088	$1.8M	0.05%
112	iShares Russell 3000 ETF	464287689	5,858	$1.8M	0.05%
113	iShares MSCI India ETF	46429B598	28,305	$1.5M	0.04%
114	SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	78470E106	28,699	$1.2M	0.03%
115	Xtrackers MSCI EAFE Hedged Equity ETF	233051200	27,684	$1.1M	0.03%
116	Vanguard Total Stock Market Index Fund	922908801	8,731	$1.1M	0.03%
117	Coinbase Global Inc	COIN	4,046	$1.1M	0.03%
118	Vanguard Intermediate-Term Tax-Exempt Fund	922907209	76,168	$1.0M	0.03%
119	DoubleLine Total Return Bond Fund	258620103	118,693	$1.0M	0.03%
120	iShares Global Clean Energy ETF	464288224	69,345	$969,443	0.03%
121	Eli Lilly and Co	LLY	1,004	$780,784	0.02%
122	Blackstone Mortgage Trust Inc	BX	36,786	$732,413	0.02%
123	Kronos Bio Inc	50107A104	527,500	$685,750	0.02%
124	Pacer Funds Trust-Pacer Benchmark Industrial Real Estate Sctr Etf	69374H766	17,137	$681,196	0.02%
125	Vanguard Developed Markets Index Fund	921943809	41,948	$675,356	0.02%
126	SPDR S&P Biotech ETF	78464A870	6,934	$657,986	0.02%
127	Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sctr Etf	69374H741	22,714	$650,767	0.02%
128	SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	78470E205	19,846	$622,378	0.02%
129	IQVIA Holdings Inc	IQV	2,374	$600,361	0.02%
130	Vanguard Total Bond Market Index Fund	921937603	58,123	$555,071	0.02%
131	Howmet Aerospace Inc	HWM	7,200	$492,696	0.01%
132	ProShares S&P 500 Dividend Aristocrats ETF	74348A467	4,543	$460,692	0.01%
133	Vanguard Short-Term Inflation-Protected Securities ETF	922020805	9,189	$440,074	0.01%
134	Vanguard FTSE Europe ETF	922042874	6,533	$439,932	0.01%
135	iShares S&P Small Cap 600 UCITS ETF	G4954M110	4,880	$438,590	0.01%
136	Allogene Therapeutics Inc	ALLO	93,248	$416,819	0.01%
137	Invesco Nasdaq Biotechnology ETF	IVZ	12,917	$286,489	0.01%
138	Sensata Technologies Holding PLC	ST	7,500	$275,550	0.01%
139	iShares BB Rated Corporate Bond ETF	46435U473	4,551	$210,484	0.01%
140	Opendoor Technologies Inc	OPENZ	37,998	$115,134	0.00%