PARTNERS CAPITAL INVESTMENT GROUP, LLP Q1 2023 Filing

Filed May 15, 2023

Portfolio Value

$2.3B

Holdings

137

Report Date

Q1 2023

Filing Type

13F-HR

All Holdings (137 positions)

#	Stock	Shares	Value	% Portfolio
1	VTVVanguard Value ETF	2,100,737	$290.0M	12.45%
2	IVViShares Core S&P 500 ETF	470,526	$193.0M	8.29%
3	EMXCiShares MSCI Emerging Markets ex China ETF	3,467,572	$171.0M	7.34%
4	VGSHVanguard Short-Term Treasury ETF	2,512,995	$147.0M	6.31%
5	HEFAiShares Currency Hedged MSCI EAFE ETF	3,776,731	$111.0M	4.77%
6	SRLNSPDR Blackstone Senior Loan ETF	1,852,671	$76.0M	3.26%
7	STIPiShares 0-5 Year TIPS Bond ETF	645,220	$64.0M	2.75%
8	IEFiShares 7-10 Year Treasury Bond ETF	643,281	$63.0M	2.71%
9	IEMGiShares Core MSCI Emerging Markets ETF	1,306,497	$63.0M	2.71%
10	VOOVanguard S&P 500 ETF	155,297	$58.0M	2.49%
11	USHYiShares Broad USD High Yield Corporate Bond ETF	1,399,084	$49.0M	2.10%
12	VTVanguard Total World Stock ETF	520,352	$47.0M	2.02%
13	SHYiShares 1-3 Year Treasury Bond ETF	559,824	$45.0M	1.93%
14	SUBiShares Short-Term National Muni Bond ETF	437,713	$45.0M	1.93%
15	REETiShares Global REIT ETF	1,716,007	$39.0M	1.67%
16	ESGUiShares Trust iShares ESG Aware MSCI USA ETF	421,303	$38.0M	1.63%
17	VVisa Inc	163,902	$36.0M	1.55%
18	VTIVanguard Total Stock Market ETF	175,607	$35.0M	1.50%
19	DBJPXtrackers MSCI Japan Hedged Equity ETF	619,719	$32.0M	1.37%
20	TIPiShares TIPS Bond ETF	274,224	$30.0M	1.29%
21	IWRiShares Russell Mid-Cap ETF	380,748	$26.0M	1.12%
22	MAMastercard Inc	68,682	$24.0M	1.03%
23	ITOTiShares Core S&P Total US Stock Market ETF	233,091	$21.0M	0.90%
24	STXSeagate Technology Holdings PLC	260,623	$17.0M	0.73%
25	HEWJiShares Currency Hedged MSCI Japan ETF	556,318	$16.0M	0.69%
26	FOXAFox Corp	498,803	$16.0M	0.69%
27	KKRKKR & Co Inc	292,189	$15.0M	0.64%
28	URTHiShares MSCI World ETF	134,028	$15.0M	0.64%
29	VMCVulcan Materials Co	93,025	$15.0M	0.64%
30	NYTNew York Times Co/The	390,492	$15.0M	0.64%
31	BMYBristol-Myers Squibb Co	216,298	$14.0M	0.60%
32	CBRECBRE Group Inc	203,774	$14.0M	0.60%
33	SPYXSPDR S&P 500 Fossil Fuel Reserves Free ETF	430,161	$14.0M	0.60%
34	ESGDiShares Trust iShares ESG Aware MSCI EAFE ETF	203,519	$14.0M	0.60%
35	AONAon PLC	43,162	$13.0M	0.56%
36	CSXCSX Corp	408,121	$12.0M	0.52%
37	UNPUnion Pacific Corp	59,749	$12.0M	0.52%
38	GEGeneral Electric Co	135,235	$12.0M	0.52%
39	GOOGLAlphabet Inc	117,198	$12.0M	0.52%
40	HYGiShares iBoxx High Yield Corporate Bond ETF	168,591	$12.0M	0.52%
41	ELVElevance Health Inc	24,000	$11.0M	0.47%
42	SLQDiShares 0-5 Year Investment Grade Corporate Bond ETF	239,321	$11.0M	0.47%
43	EEMiShares MSCI Emerging Markets ETF	288,153	$11.0M	0.47%
44	LOWLowe's Cos Inc	59,304	$11.0M	0.47%
45	AQLTiShares Core MSCI EAFE ETF	150,967	$10.0M	0.43%
46	VGITVanguard Intermediate-Term Treasury ETF	173,978	$10.0M	0.43%
47	DXJWisdomTree Japan Hedged Equity Fund	147,837	$10.0M	0.43%
48	MOSMosaic Co/The	235,288	$10.0M	0.43%
49	LVLNSPDR S&P Regional Banking ETF	202,623	$8.0M	0.34%
50	BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETF	88,168	$8.0M	0.34%
51	ACWIiShares MSCI ACWI ETF	87,200	$7.0M	0.30%
52	MSFTMicrosoft Corp	25,018	$7.0M	0.30%
53	ESGEiShares Inc iShares ESG Aware MSCI EM ETF	251,821	$7.0M	0.30%
54	GQ9SPDR Gold Shares	42,928	$7.0M	0.30%
55	DEODiageo PLC	157,244	$7.0M	0.30%
56	HUBSHubSpot Inc	18,564	$7.0M	0.30%
57	STXSeagate Technology PLC	109,852	$7.0M	0.30%
58	IEIiShares 3-7 Year Treasury Bond ETF	66,881	$7.0M	0.30%
59	SGENUSDSeagen Inc	31,965	$6.0M	0.26%
60	BILSSPDR Bloomberg 3-12 Month T-Bill ETF	65,094	$6.0M	0.26%
61	SESea Ltd	80,291	$6.0M	0.26%
62	NWSANews Corp	365,885	$6.0M	0.26%
63	SPYSPDR S&P 500 ETF Trust	16,084	$6.0M	0.26%
64	FISFidelity National Information Services Inc	125,527	$6.0M	0.26%
65	NOWServiceNow Inc	14,476	$6.0M	0.26%
66	CRWDCrowdstrike Holdings Inc	36,994	$5.0M	0.21%
67	ARGXArgenx SE	14,703	$5.0M	0.21%
68	XYZSquare Inc	81,502	$5.0M	0.21%
69	VLUEiShares MSCI USA Value Factor ETF	57,877	$5.0M	0.21%
70	XOMExxon Mobil Corp	54,007	$5.0M	0.21%
71	DBEUXtrackers MSCI Europe Hedged Equity ETF	158,885	$5.0M	0.21%
72	DASHDoorDash Inc	83,251	$5.0M	0.21%
73	FTVFortive Corp	77,993	$5.0M	0.21%
74	—IAC/InterActiveCorp	104,401	$5.0M	0.21%
75	VNQVanguard Real Estate ETF	67,944	$5.0M	0.21%
76	DKNG1USDDraftKings Inc	213,050	$4.0M	0.17%
77	VTWOVanguard Russell 2000 ETF	58,454	$4.0M	0.17%
78	EWUiShares MSCI United Kingdom ETF	128,997	$4.0M	0.17%
79	DBAInvesco DB Agriculture Fund	203,177	$4.0M	0.17%
80	QUALiShares Edge MSCI USA Quality Factor ETF	27,642	$3.0M	0.13%
81	GWREGuidewire Software Inc	41,998	$3.0M	0.13%
82	VTIPVanguard Short-Term Inflation-Protected Securities ETF	81,314	$3.0M	0.13%
83	DBBInvesco DB Base Metals Fund	174,394	$3.0M	0.13%
84	KBWBInvesco KBW Bank ETF	81,094	$3.0M	0.13%
85	VEAVanguard FTSE Developed Markets ETF	69,575	$3.0M	0.13%
86	EPPiShares MSCI Pacific ex Japan ETF	84,646	$3.0M	0.13%
87	UTHUnited Therapeutics Corp	13,138	$2.0M	0.09%
88	IVEiShares S&P 500 Value ETF	13,212	$2.0M	0.09%
89	INCYIncyte Corp	39,679	$2.0M	0.09%
90	DBEFXtrackers MSCI EAFE Hedged Equity ETF	70,243	$2.0M	0.09%
91	NDQInvesco QQQ Trust Series 1	9,015	$2.0M	0.09%
92	VWOVanguard FTSE Emerging Markets ETF	69,391	$2.0M	0.09%
93	IAUUSDiShares Gold Trust	42,088	$1.0M	0.04%
94	MCKMcKesson Corp	3,452	$1.0M	0.04%
95	ESGVVanguard ESG US Stock ETF	17,448	$1.0M	0.04%
96	ICLNiShares Global Clean Energy ETF	69,345	$1.0M	0.04%
97	IWViShares Russell 3000 ETF	5,858	$1.0M	0.04%
98	HLTHilton Worldwide Holdings Inc	9,253	$1.0M	0.04%
99	KWEBKraneShares CSI China Internet ETF	46,087	$1.0M	0.04%
100	CRMsalesforce.com Inc	8,040	$1.0M	0.04%

Page 1 of 2Next