Institutional Manager · CIK 0001877090

Twelve Points Wealth Management LLC

CONCORD, MA · File #028-22386

Latest AUM

$444.3M

Positions

196

Top-10 Concentration

57.9%

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
NEW	ISHARES TR	464288679	+124,876	+$13.8M	$0
ADD	ISHARES TR	464287572	+61,210	+$7.9M	+$794,300
ADD	VANECK ETF TRUST	92189F486	+187,621	+$4.8M	-$39,507
ADD	SPDR SERIES TRUST	78468R663	+47,071	+$4.3M	-$147,815
ADD	ISHARES TR	46434V407	+98,188	+$4.2M	-$8,041
ADD	ISHARES U S ETF TR	46431W705	+42,133	+$3.9M	+$361
ADD	SSGA ACTIVE ETF TR	78467V608	+75,725	+$3.1M	-$23,649
ADD	ISHARES TR	464287200	+3,493	+$2.4M	+$35,848
ADD	ISHARES TR	46434V621	+30,531	+$2.2M	+$300,425
REDUCE	TEXAS INSTRS INC	882508104	-7,902	-$1.5M	+$109,204

Sector Allocation

6.7%$29.6M

5.6%$24.8M

3.1%$13.8M

1.9%$8.4M

1.8%$8.2M

Consumer Discretionary

1.8%$7.9M

Materials

1.6%$7.2M

Consumer Staples

0.8%$3.6M

Communication Services

0.1%$588,560

Utilities

0.1%$356,897

Real Estate

0.1%$277,401

Filing History

Jan 23, 202613F HOLDINGS REPORTQ/E Dec 2025196 pos · $444.3M
Oct 22, 202513F HOLDINGS REPORTQ/E Sep 2025191 pos · $401.4M
Jul 16, 202513F HOLDINGS REPORTQ/E Jun 2025189 pos · $371.5M
Apr 30, 202513F HOLDINGS REPORTQ/E Mar 2025176 pos · $368.6M
Jan 23, 202513F HOLDINGS REPORTQ/E Dec 2024176 pos · $347.9M
Oct 16, 202413F HOLDINGS REPORTQ/E Sep 2024183 pos · $317.8M
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 2024177 pos · $284.3M
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 2024173 pos · $273.1M
Oct 18, 202313F HOLDINGS REPORTQ/E Dec 2023170 pos · $200.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78468R663	575,014	$52.6M	15.45%
2	ASA GOLD AND PRECIOUS MTLS L	G3156P103	460,916	$28.5M	8.38%
3	ISHARES TR	464287572	155,216	$19.9M	5.86%
4	VANECK ETF TRUST	92189F486	751,841	$19.2M	5.63%
5	ISHARES TR	46436E718	171,211	$17.2M	5.05%
6	ISHARES TR	464288679	124,876	$13.8M	4.04%
7	VANGUARD INTL EQUITY INDEX F	922042775	166,706	$12.7M	3.72%
8	VANGUARD MALVERN FDS	922020805	245,708	$12.2M	3.57%
9	ISHARES SILVER TR	SLV	144,847	$10.5M	3.08%
10	FIRST TR EXCH TRADED FD III	33739E108	570,695	$10.5M	3.07%
11	ISHARES TR	46434V621	134,496	$9.5M	2.80%
12	SSGA ACTIVE ETF TR	78467V608	223,632	$9.3M	2.72%
13	VANGUARD INTL EQUITY INDEX F	922042718	51,371	$7.6M	2.23%
14	SPDR GOLD TR	GLD	15,615	$6.5M	1.90%
15	ISHARES TR	46434V407	130,400	$5.6M	1.65%
16	NUVEEN S&P 500 BUY-WRITE INC	NU	366,510	$5.4M	1.59%
17	DOUBLELINE OPPORTUNISTIC CR	DBL	345,569	$5.3M	1.55%
18	ISHARES U S ETF TR	46431W705	55,452	$5.2M	1.52%
19	JPMORGAN CHASE & CO.	VYLD	14,820	$4.9M	1.43%
20	APPLE INC	AAPL	17,834	$4.6M	1.36%