1y return+27.9%S&P 500 +20.9%
3y return+68.9%S&P 500 +68.5%
5y return+56.3%S&P 500 +74.5%
10y return+159.2%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $259 against $357 in the S&P 500.2
Twin Focus Capital Partners, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| IEFAIshares Tr | $101.0M | 10.3% | |
| IAUIshares Gold Tr | $90.3M | 9.2% | +2.9% |
| VTIVanguard Index Fds | $81.7M | 8.3% | +2.7% |
| DELLDell Technologies Inc | $55.6M | 5.7% | −42.9% |
| SPYState Str Spdr S&p 500 Etf T | $37.0M | 3.8% | +3.6% |
| ITOTIshares Tr | $29.8M | 3.0% | +2.6% |
| SPYGSpdr Series Trust | $27.5M | 2.8% | +5.3% |
| GLDSpdr Gold Tr | $25.0M | 2.5% | |
| VXFVanguard Index Fds | $24.9M | 2.5% | +397.3% |
| VOOVanguard Index Fds | $22.5M | 2.3% | |
| VTIPVanguard Malvern Fds | $18.3M | 1.9% | +7.0% |
| IVWIshares Tr | $18.3M | 1.9% | −2.1% |
| AGGIshares Tr | $17.9M | 1.8% | −1.9% |
| IWBIshares Tr | $16.9M | 1.7% | |
| VWOVanguard Intl Equity Index F | $14.7M | 1.5% | +2.7% |
| MRNAModerna Inc | $13.0M | 1.3% | |
| TIPIshares Tr | $12.5M | 1.3% | |
| VIGVanguard Specialized Funds | $12.4M | 1.3% | +1.2% |
| IEMGIshares Inc | $12.4M | 1.3% | −2.9% |
| VEAVanguard Tax-managed Fds | $12.2M | 1.2% | +5.2% |
| QQQInvesco Qqq Tr | $12.1M | 1.2% | |
| IVVIshares Tr | $12.1M | 1.2% | |
| BKGIBny Mellon Etf Trust | $11.4M | 1.2% | |
| IWSIshares Tr | $11.1M | 1.1% | +3.2% |
| CGEMCullinan Therapeutics Inc | $10.8M | 1.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| DELLDell Technologies Inc | December 31, 2022 | +972.8% | $55.6M |
| XLKSelect Sector Spdr Tr | June 30, 2020 | +264.7% | $6.5M |
| IVWIshares Tr | June 30, 2020 | +165.1% | $18.3M |
| VUGVanguard Index Fds | June 30, 2020 | +155.7% | $9.7M |
| VOOVanguard Index Fds | June 30, 2020 | +142.3% | $22.5M |
| SPYState Str Spdr S&p 500 Etf T | June 30, 2020 | +142.2% | $37.0M |
| IVVIshares Tr | June 30, 2020 | +141.8% | $12.1M |
| IWBIshares Tr | June 30, 2020 | +138.5% | $16.9M |
| MRNAModerna Inc | December 31, 2025 | +137.5% | $13.0M |
| VTIVanguard Index Fds | June 30, 2020 | +136.4% | $81.7M |
Sold off last quarter
- AKREProfesionally Managed Portfo was $2.4M
- HUBSHubspot Inc was $651K
- UNHUnitedhealth Group Inc was $521K
- IBBIshares Tr was $518K
- ADXAdams Diversified Equity Fd was $278K
- VGKVanguard Intl Equity Index F was $258K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +14.1% | +14.8% |
| March 31, 2026 | +1.0% | −4.6% |
| December 31, 2025 | +3.3% | +2.4% |
| September 30, 2025 | +7.4% | +7.8% |
| June 30, 2025 | +9.5% | +10.5% |
| March 31, 2025 | −0.7% | −4.6% |
| December 31, 2024 | −2.2% | +2.1% |
| September 30, 2024 | +4.6% | +5.4% |
| June 30, 2024 | +3.2% | +4.0% |
| March 31, 2024 | +8.8% | +10.0% |
| December 31, 2023 | +9.3% | +11.2% |
| September 30, 2023 | −3.2% | −3.6% |
| June 30, 2023 | +4.4% | +8.3% |
| March 31, 2023 | +5.1% | +7.0% |
| December 31, 2022 | +8.0% | +7.1% |
| September 30, 2022 | −6.8% | −5.3% |
| June 30, 2022 | −14.0% | −16.5% |
| March 31, 2022 | −4.7% | −4.9% |
| December 31, 2021 | +4.2% | +10.7% |
| September 30, 2021 | −1.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Twin Focus Capital Partners, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1387761&type=13F-HR&dateb=&owner=include&count=40CIK 1387761
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1387761/000117266126002872/Filed July 28, 2026 · accession 0001172661-26-002872