Institutional Manager · CIK 0001387761

TWIN FOCUS CAPITAL PARTNERS, LLC

Boston, MA · File #028-15420

Latest AUM

$867.7M

Positions

180

Top-10 Concentration

56.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	AMAZON COM INC	AMZN	+36,376	+$8.4M	+$61,166
ADD	ALPHABET INC	GOOG	+17,670	+$5.5M	+$781,440
ADD	SPDR S&P 500 ETF TR	SPY	+8,109	+$5.5M	+$415,961
NEW	MODERNA INC	MRNA	+185,480	+$5.5M	$0
ADD	ISHARES TR	464287309	+39,224	+$4.8M	+$297,160
ADD	SELECT SECTOR SPDR TR	81369Y886	+111,962	+$4.8M	-$4.9M
ADD	ISHARES GOLD TR	IAU	+58,122	+$4.7M	+$8.8M
ADD	ISHARES TR	464287408	+20,611	+$4.4M	+$81,776
ADD	VANGUARD INDEX FDS	922908363	+5,987	+$3.8M	+$358,963
ADD	ISHARES INC	46434G822	+43,620	+$3.5M	+$7,820

Sector Allocation

Technology

7.0%$60.5M

Financials

1.9%$16.3M

Healthcare

1.5%$13.4M

Consumer Discretionary

1.2%$10.4M

Materials

0.3%$2.6M

Communication Services

0.2%$1.8M

Energy

0.1%$1.1M

Industrials

0.1%$1.0M

Consumer Staples

0.0%$403,760

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 2025180 pos · $867.7M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 2025188 pos · $786.9M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025167 pos · $714.2M
May 13, 202513F HOLDINGS REPORTQ/E Mar 2025154 pos · $643.8M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024141 pos · $676.6M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024150 pos · $634.0M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 2024134 pos · $626.1M
May 15, 202413F HOLDINGS REPORTQ/E Mar 2024143 pos · $525.3M
Mar 5, 202413F HOLDINGS REPORT (Amended)Q/E Mar 2024160 pos · $491.6M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 2023163 pos · $445.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46432F842	1,013,101	$90.6M	12.12%
2	ISHARES GOLD TR	IAU	1,106,435	$89.8M	12.01%
3	VANGUARD INDEX FDS	922908769	224,527	$75.3M	10.07%
4	DELL TECHNOLOGIES INC	DELL	228,000	$28.7M	3.84%
5	SPDR GOLD TR	GLD	68,333	$27.1M	3.62%
6	ISHARES TR	464287150	163,790	$24.4M	3.26%
7	SPDR SERIES TRUST	78464A409	220,853	$23.6M	3.15%
8	SPDR S&P 500 ETF TR	SPY	34,536	$23.6M	3.15%
9	ISHARES TR	464287309	156,219	$19.3M	2.58%
10	VANGUARD INDEX FDS	922908363	30,328	$19.0M	2.54%
11	VANGUARD MALVERN FDS	922020805	357,905	$17.7M	2.37%
12	ISHARES TR	464287226	159,772	$16.0M	2.13%
13	ISHARES TR	464287622	41,161	$15.4M	2.06%
14	JANUS DETROIT STR TR	47103U845	290,216	$14.7M	1.96%
15	ISHARES TR	464287176	113,616	$12.5M	1.67%
16	KLAVIYO INC	KVYO	364,666	$11.8M	1.58%
17	VANGUARD INTL EQUITY INDEX F	922042858	203,424	$10.9M	1.46%
18	ISHARES INC	46434G103	156,766	$10.5M	1.41%
19	BNY MELLON ETF TRUST	09661T826	256,019	$10.3M	1.38%
20	VANGUARD SPECIALIZED FUNDS	921908844	44,966	$9.9M	1.32%