13F HOLDINGS REPORT
PARTNERS CAPITAL INVESTMENT GROUP, LLP
Quarter ended Q3 2025 · Filed October 31, 2025 · Accession 0001104659-25-104708
Total Value
$2.52B
Positions
162
Other Managers
0
Confidential Omitted
No
Holdings (162)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | iShares Core S&P 500 ETF | 464287200 | 769,341 | $514.9M | 20.46% |
| 2 | Vanguard Short-Term Treasury ETF | 92206C102 | 2,470,830 | $145.4M | 5.78% |
| 3 | iShares Core MSCI Emerging Markets ETF | 46434G103 | 2,087,514 | $137.6M | 5.47% |
| 4 | iShares Currency Hedged MSCI EAFE ETF | 46434V803 | 3,334,727 | $132.1M | 5.25% |
| 5 | Vanguard S&P 500 ETF | 922908363 | 197,963 | $121.2M | 4.82% |
| 6 | Vanguard Value ETF | 922908744 | 616,349 | $114.9M | 4.57% |
| 7 | iShares 0-5 Year TIPS Bond ETF | 46429B747 | 923,723 | $95.5M | 3.79% |
| 8 | Vanguard Total World Stock ETF | 922042742 | 586,353 | $80.8M | 3.21% |
| 9 | iShares Core S&P Total US Stock Market ETF | 464287150 | 526,649 | $76.7M | 3.05% |
| 10 | iShares MSCI Emerging Markets ex China ETF | 46434G764 | 1,081,293 | $73.0M | 2.90% |
| 11 | iShares TIPS Bond ETF | 464287176 | 571,851 | $63.6M | 2.53% |
| 12 | iShares Core MSCI EAFE ETF | 46432F842 | 698,646 | $61.0M | 2.42% |
| 13 | Xtrackers MSCI Japan Hedged Equity ETF | 233051507 | 691,554 | $58.8M | 2.34% |
| 14 | iShares MSCI ACWI ETF | 464288257 | 405,964 | $56.1M | 2.23% |
| 15 | iShares 7-10 Year Treasury Bond ETF | 464287440 | 424,554 | $41.0M | 1.63% |
| 16 | Synopsys Inc | SNPS | 56,862 | $37.9M | 1.51% |
| 17 | SPDR S&P 500 ETF Trust | SPY | 56,862 | $37.9M | 1.51% |
| 18 | iShares Global REIT ETF | 46434V647 | 1,413,342 | $36.1M | 1.44% |
| 19 | iShares 0-3 Month Treasury Bond ETF | 46436E718 | 311,037 | $31.3M | 1.24% |
| 20 | iShares Gold Trust | IAU | 349,933 | $25.5M | 1.01% |
| 21 | iShares Short-Term National Muni Bond ETF | 464288158 | 213,956 | $22.8M | 0.91% |
| 22 | iShares Currency Hedged MSCI Japan ETF | 46434V886 | 436,920 | $21.5M | 0.86% |
| 23 | iShares MSCI Japan ETF | 46434G822 | 253,972 | $20.4M | 0.81% |
| 24 | Vanguard Intermediate-Term Treasury ETF | 92206C706 | 326,064 | $19.6M | 0.78% |
| 25 | iShares Broad USD High Yield Corporate Bond ETF | 46435U853 | 504,949 | $19.1M | 0.76% |
| 26 | SPDR Bloomberg 3-12 Month T-Bill ETF | 78468R523 | 161,239 | $16.0M | 0.64% |
| 27 | iShares Currency Hedged MSCI ACWI EX US ETF | 46435G847 | 421,211 | $15.9M | 0.63% |
| 28 | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 78468R796 | 285,493 | $15.7M | 0.62% |
| 29 | WisdomTree Japan Hedged Equity Fund | WT | 118,241 | $15.1M | 0.60% |
| 30 | Columbia EM Core ex-China ETF | 19762B202 | 406,326 | $14.8M | 0.59% |
| 31 | Energy Select Sector SPDR Fund | 81369Y506 | 146,916 | $13.1M | 0.52% |
| 32 | Vanguard Real Estate ETF | 922908553 | 141,786 | $13.0M | 0.52% |
| 33 | iShares MSCI EAFE ETF | 464287465 | 130,751 | $12.2M | 0.49% |
| 34 | iShares Russell 3000 ETF | 464287689 | 29,764 | $11.3M | 0.45% |
| 35 | Vanguard Russell 2000 ETF | 92206C664 | 114,119 | $11.2M | 0.44% |
| 36 | iShares MSCI China ETF | 46429B671 | 167,230 | $11.0M | 0.44% |
| 37 | TCW Transform Systems ETF | 29287L205 | 105,340 | $10.3M | 0.41% |
| 38 | Microsoft Corp | MSFT | 17,053 | $8.8M | 0.35% |
| 39 | iShares Russell 2000 ETF | 464287655 | 34,255 | $8.3M | 0.33% |
| 40 | VanEck Israel ETF | 92189F635 | 145,123 | $7.9M | 0.31% |
| 41 | iShares 1-3 Year Treasury Bond ETF | 464287457 | 91,729 | $7.6M | 0.30% |
| 42 | Meta Platforms Inc | META | 9,855 | $7.2M | 0.29% |
| 43 | SPDR Bloomberg Barclays 1-3 Month T-Bill ETF | 78468R663 | 78,679 | $7.2M | 0.29% |
| 44 | iShares Short Treasury Bond ETF | 464288679 | 61,490 | $6.8M | 0.27% |
| 45 | Invesco QQQ Trust Series 1 | IVZ | 11,090 | $6.7M | 0.26% |
| 46 | Xtrackers MSCI EAFE Hedged Equity ETF | 233051200 | 143,246 | $6.6M | 0.26% |
| 47 | Alphabet Inc | GOOG | 25,276 | $6.1M | 0.24% |
| 48 | Taiwan Semiconductor Manufacturing Co Ltd | 874039100 | 21,935 | $6.1M | 0.24% |
| 49 | iShares MSCI Pacific ex Japan ETF | 464286665 | 116,360 | $6.0M | 0.24% |
| 50 | Vanguard Total Stock Market ETF | 922908769 | 18,267 | $6.0M | 0.24% |
| 51 | iShares Edge MSCI USA Quality Factor ETF | 46432F339 | 29,716 | $5.8M | 0.23% |
| 52 | Invesco S&P 500 Equal Weight ETF | IVZ | 28,572 | $5.4M | 0.22% |
| 53 | Broadcom Inc | AVGO | 16,249 | $5.4M | 0.21% |
| 54 | ABB Ltd | ABLZF | 74,204 | $5.3M | 0.21% |
| 55 | Novartis AG | NVSEF | 42,461 | $5.3M | 0.21% |
| 56 | iShares MSCI World ETF | 464286392 | 28,943 | $5.3M | 0.21% |
| 57 | Intercontinental Exchange Inc | 45866F104 | 30,404 | $5.1M | 0.20% |
| 58 | Charles Schwab Corp/The | SCHW-PJ | 53,093 | $5.1M | 0.20% |
| 59 | Visa Inc | V | 14,364 | $4.9M | 0.19% |
| 60 | Vulcan Materials Co | 929160109 | 15,741 | $4.8M | 0.19% |
| 61 | Brookfield Corp | 11271J107 | 70,457 | $4.8M | 0.19% |
| 62 | Danone SA | F12033134 | 70,457 | $4.8M | 0.19% |
| 63 | Tyler Technologies Inc | TYL | 9,197 | $4.8M | 0.19% |
| 64 | Corteva Inc | CTVA | 71,127 | $4.8M | 0.19% |
| 65 | Transdigm Group Inc | TDG | 3,648 | $4.8M | 0.19% |
| 66 | United Rentals Inc | URI | 5,022 | $4.8M | 0.19% |
| 67 | Hilton Worldwide Holdings Inc | HLT | 18,053 | $4.7M | 0.19% |
| 68 | News Corp | NWSLL | 150,884 | $4.6M | 0.18% |
| 69 | Linde PLC | LIN | 9,599 | $4.6M | 0.18% |
| 70 | SPDR Blackstone Senior Loan ETF | 78467V608 | 109,234 | $4.5M | 0.18% |
| 71 | SPDR Gold Shares | GLD | 12,310 | $4.4M | 0.17% |
| 72 | iShares MSCI Emerging Markets ETF | 464287234 | 80,306 | $4.3M | 0.17% |
| 73 | Deere & Co | DE | 9,328 | $4.3M | 0.17% |
| 74 | Restaurant Brands International Inc | 76131D103 | 63,878 | $4.1M | 0.16% |
| 75 | Ferguson PLC | G3421J106 | 17,835 | $4.0M | 0.16% |
| 76 | Thermo Fisher Scientific Inc | TMO | 8,056 | $3.9M | 0.16% |
| 77 | BeiGene Ltd | BEIGF | 10,360 | $3.5M | 0.14% |
| 78 | iShares Trust iShares ESG Aware MSCI USA ETF | 46435G425 | 23,933 | $3.5M | 0.14% |
| 79 | S&P Global Inc | SPGI | 7,158 | $3.5M | 0.14% |
| 80 | Vanguard FTSE Pacific ETF | 922042866 | 39,623 | $3.5M | 0.14% |
| 81 | Xtrackers MSCI Europe Hedged Equity ETF | 233051853 | 73,209 | $3.4M | 0.13% |
| 82 | iShares National Muni Bond ETF | 464288414 | 30,632 | $3.3M | 0.13% |
| 83 | Bristol-Myers Squibb Co | CELG-RI | 72,210 | $3.3M | 0.13% |
| 84 | ServiceNow Inc | NOW | 3,535 | $3.3M | 0.13% |
| 85 | Apple Inc | AAPL | 12,423 | $3.2M | 0.13% |
| 86 | salesforce.com Inc | CRM | 13,075 | $3.1M | 0.12% |
| 87 | iShares Edge MSCI Min Vol USA ETF | 46429B697 | 29,220 | $2.8M | 0.11% |
| 88 | Vanguard Short-Term Inflation-Protected Securities ETF | 922020805 | 51,649 | $2.6M | 0.10% |
| 89 | Argenx SE | ARGX | 3,504 | $2.6M | 0.10% |
| 90 | Incyte Corp | INCY | 29,579 | $2.5M | 0.10% |
| 91 | iShares Residential and Multisector Real Estate ETF | 464288562 | 28,990 | $2.5M | 0.10% |
| 92 | United Therapeutics Corp | UTHR | 5,839 | $2.4M | 0.10% |
| 93 | John Bean Technologies Corp | JBTM | 17,252 | $2.4M | 0.10% |
| 94 | iShares MSCI India ETF | 46429B598 | 41,894 | $2.2M | 0.09% |
| 95 | KraneShares CSI China Internet ETF | 500767306 | 46,890 | $2.0M | 0.08% |
| 96 | Snap Inc | SNAP | 218,359 | $1.7M | 0.07% |
| 97 | iShares 3-7 Year Treasury Bond ETF | 464288661 | 12,644 | $1.5M | 0.06% |
| 98 | iShares Russell Mid-Cap ETF | 464287499 | 15,178 | $1.5M | 0.06% |
| 99 | IGM Financial Inc | 449586106 | 11,626 | $1.5M | 0.06% |
| 100 | iShares Expanded Tech Sector ETF | 464287549 | 11,626 | $1.5M | 0.06% |
| 101 | Howmet Aerospace Inc | HWM | 7,200 | $1.4M | 0.06% |
| 102 | Vanguard Global ex-U.S. Real Estate ETF | 922042676 | 22,943 | $1.1M | 0.04% |
| 103 | Vanguard Dividend Appreciation ETF | 921908844 | 5,073 | $1.1M | 0.04% |
| 104 | NU Holdings Ltd/Cayman Islands | NU | 67,788 | $1.1M | 0.04% |
| 105 | iShares MSCI United Kingdom ETF | 46435G334 | 24,734 | $1.0M | 0.04% |
| 106 | Apollo Global Management Inc | 03768E105 | 7,391 | $984,999 | 0.04% |
| 107 | iShares S&P 500 Value ETF | 464287408 | 4,361 | $900,590 | 0.04% |
| 108 | Netflix Inc | NFLX | 726 | $870,416 | 0.03% |
| 109 | iShares Semiconductor ETF | 464287523 | 3,189 | $864,662 | 0.03% |
| 110 | iShares MSCI ACWI ex US ETF | 464288240 | 12,398 | $806,004 | 0.03% |
| 111 | Blackstone Mortgage Trust Inc | BX | 43,375 | $798,536 | 0.03% |
| 112 | Eli Lilly and Co | LLY | 1,014 | $773,633 | 0.03% |
| 113 | Iris Energy Ltd | IREN | 16,000 | $750,880 | 0.03% |
| 114 | DiDi Global Inc | DIDIY | 119,566 | $743,701 | 0.03% |
| 115 | Invesco China Technology ETF | IVZ | 12,479 | $736,386 | 0.03% |
| 116 | Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sctr Etf | 69374H741 | 22,714 | $719,591 | 0.03% |
| 117 | Blackstone Inc | BX | 4,181 | $714,391 | 0.03% |
| 118 | iShares Expanded Tech-Software Sector ETF | 464287515 | 6,125 | $704,436 | 0.03% |
| 119 | SPDR S&P Biotech ETF | 78464A870 | 6,934 | $694,807 | 0.03% |
| 120 | Pacer Funds Trust-Pacer Benchmark Industrial Real Estate Sctr Etf | 69374H766 | 17,137 | $637,709 | 0.03% |
| 121 | Coinbase Global Inc | COIN | 1,858 | $627,056 | 0.02% |
| 122 | Cummins Inc | CMI | 1,329 | $561,330 | 0.02% |
| 123 | General Motors Co | 37045V100 | 8,788 | $535,804 | 0.02% |
| 124 | Seagate Technology Holdings PLC | SE | 2,254 | $532,079 | 0.02% |
| 125 | Seagate Technology PLC | STX | 2,254 | $532,079 | 0.02% |
| 126 | Trane Technologies PLC | TT | 1,212 | $511,416 | 0.02% |
| 127 | GFL Environmental Inc | GFL | 10,507 | $497,822 | 0.02% |
| 128 | Vertiv Holdings Co | VRT | 3,281 | $494,972 | 0.02% |
| 129 | Waste Management Inc | 94106L109 | 2,219 | $490,022 | 0.02% |
| 130 | Republic Services Inc | 760759100 | 2,095 | $480,761 | 0.02% |
| 131 | Vistra Energy Corp | VST | 2,450 | $480,004 | 0.02% |
| 132 | Emerson Electric Co | EMR | 3,581 | $469,756 | 0.02% |
| 133 | ProShares S&P 500 Dividend Aristocrats ETF | 74348A467 | 4,543 | $468,233 | 0.02% |
| 134 | Tesla Inc | TSLA | 1,042 | $463,398 | 0.02% |
| 135 | Cleanspark Inc | CLSKW | 29,950 | $434,275 | 0.02% |
| 136 | iShares MSCI EAFE Value ETF | 464288877 | 6,324 | $428,937 | 0.02% |
| 137 | Vanguard FTSE Emerging Markets ETF | 922042858 | 7,865 | $426,122 | 0.02% |
| 138 | Alphabet Inc | GOOG | 1,727 | $420,655 | 0.02% |
| 139 | Xcel Energy Inc | XELLL | 5,211 | $420,267 | 0.02% |
| 140 | Safran SA | F4035A557 | 1,158 | $407,787 | 0.02% |
| 141 | PG&E Corp | PCG-PX | 26,066 | $393,075 | 0.02% |
| 142 | CenterPoint Energy Inc | CNP | 10,112 | $392,346 | 0.02% |
| 143 | Guidewire Software Inc | GWRE | 1,529 | $351,456 | 0.01% |
| 144 | Teads Holding Co | TEAD | 209,407 | $345,522 | 0.01% |
| 145 | Opendoor Technologies Inc | OPENZ | 41,326 | $329,368 | 0.01% |
| 146 | KKR & Co Inc | KKRT | 2,529 | $328,644 | 0.01% |
| 147 | Invesco Nasdaq Biotechnology ETF | IVZ | 12,917 | $314,032 | 0.01% |
| 148 | Lennar Corp | LEN-B | 2,446 | $308,272 | 0.01% |
| 149 | UroGen Pharma Ltd | URGN | 15,384 | $306,911 | 0.01% |
| 150 | Uber Technologies Inc | UBER | 3,063 | $300,082 | 0.01% |
| 151 | Urban Edge Properties | 91704F104 | 13,147 | $269,119 | 0.01% |
| 152 | Entergy Corp | ENO | 2,827 | $263,448 | 0.01% |
| 153 | Citigroup Inc | C-PR | 2,432 | $246,848 | 0.01% |
| 154 | Vanguard Financials ETF | 92204A405 | 1,877 | $246,365 | 0.01% |
| 155 | CBRE Group Inc | CBRE | 1,484 | $233,819 | 0.01% |
| 156 | Franklin Covey Co | FC | 11,924 | $231,445 | 0.01% |
| 157 | Berkshire Hathaway Inc | BRK-A | 459 | $230,758 | 0.01% |
| 158 | iShares iBoxx High Yield Corporate Bond ETF | 464288513 | 2,835 | $230,210 | 0.01% |
| 159 | Palantir Technologies Inc | PLTR | 1,254 | $228,755 | 0.01% |
| 160 | Fox Corp | FOX | 3,509 | $221,278 | 0.01% |
| 161 | Allogene Therapeutics Inc | ALLO | 161,597 | $200,380 | 0.01% |
| 162 | Bit Digital Inc | BTBT | 30,000 | $90,000 | 0.00% |