PARTNERS CAPITAL INVESTMENT GROUP, LLP Q4 2024 Filing

Filed January 31, 2025

Portfolio Value

$3.6B

Holdings

125

Report Date

Q4 2024

Filing Type

13F-HR

All Holdings (125 positions)

#	Stock	Shares	Value	% Portfolio
1	IVViShares Core S&P 500 ETF	1,079,870	$635.7M	17.50%
2	VOOVanguard S&P 500 ETF	519,543	$279.9M	7.71%
3	EMXCiShares MSCI Emerging Markets ex China ETF	3,566,652	$197.8M	5.45%
4	BILSPDR Bloomberg Barclays 1-3 Month T-Bill ETF	2,162,143	$197.7M	5.44%
5	VTVanguard Total World Stock ETF	1,527,156	$179.4M	4.94%
6	SGOViShares 0-3 Month Treasury Bond ETF	1,751,363	$175.7M	4.84%
7	VGSHVanguard Short-Term Treasury ETF	2,474,288	$144.0M	3.96%
8	VTVVanguard Value ETF	806,119	$136.5M	3.76%
9	IEMGiShares Core MSCI Emerging Markets ETF	2,195,128	$114.6M	3.16%
10	VWSUXVanguard Short-Term Tax-Exempt Fund	5,314,624	$83.8M	2.31%
11	HEFAiShares Currency Hedged MSCI EAFE ETF	2,267,240	$78.8M	2.17%
12	DBJPXtrackers MSCI Japan Hedged Equity ETF	1,026,489	$77.7M	2.14%
13	ESGUiShares Trust iShares ESG Aware MSCI USA ETF	547,958	$70.6M	1.94%
14	SPYSPDR S&P 500 ETF Trust	113,436	$66.5M	1.83%
15	STIPiShares 0-5 Year TIPS Bond ETF	654,868	$65.9M	1.81%
16	ITOTiShares Core S&P Total US Stock Market ETF	502,555	$64.6M	1.78%
17	TIPiShares TIPS Bond ETF	567,366	$60.5M	1.66%
18	VGITVanguard Intermediate-Term Treasury ETF	1,001,497	$58.1M	1.60%
19	IEFiShares 7-10 Year Treasury Bond ETF	566,767	$52.4M	1.44%
20	BILSSPDR Bloomberg 3-12 Month T-Bill ETF	508,437	$50.4M	1.39%
21	VIPIXVanguard Inflation-Protected Securities Fund	5,411,670	$49.6M	1.37%
22	SRLNSPDR Blackstone Senior Loan ETF	1,158,679	$48.4M	1.33%
23	VINIXVanguard Institutional Index Fund	98,710	$47.3M	1.30%
24	REETiShares Global REIT ETF	1,950,914	$46.8M	1.29%
25	HEWJiShares Currency Hedged MSCI Japan ETF	912,397	$38.9M	1.07%
26	ESGVVanguard ESG US Stock ETF	358,826	$37.6M	1.04%
27	VFIAXVanguard 500 Index Fund	61,741	$33.5M	0.92%
28	USHYiShares Broad USD High Yield Corporate Bond ETF	850,775	$31.3M	0.86%
29	SPYXSPDR S&P 500 Fossil Fuel Reserves Free ETF	600,051	$28.9M	0.80%
30	EWJiShares MSCI Japan ETF	354,351	$23.8M	0.65%
31	SHYiShares 1-3 Year Treasury Bond ETF	266,643	$21.9M	0.60%
32	VSGXVanguard ESG International Stock ETF	338,382	$19.2M	0.53%
33	ESGDiShares Trust iShares ESG Aware MSCI EAFE ETF	241,405	$18.4M	0.51%
34	DXJWisdomTree Japan Hedged Equity Fund	153,325	$16.9M	0.47%
35	APHKXArtisan International Value Fund	357,521	$16.8M	0.46%
36	IYWiShares U.S. Technology ETF	88,808	$14.2M	0.39%
37	AQLTiShares Core MSCI EAFE ETF	192,658	$13.5M	0.37%
38	VTWOVanguard Russell 2000 ETF	138,580	$12.4M	0.34%
39	VWIUXVanguard Intermediate-Term Tax-Exempt Fund	861,591	$11.7M	0.32%
40	TLTiShares 20 plus Year Treasury Bond ETF	132,433	$11.6M	0.32%
41	ESGEiShares Inc iShares ESG Aware MSCI EM ETF	336,346	$11.2M	0.31%
42	POSIXPrincipal Global Real Estate Securities Fund	1,228,920	$11.2M	0.31%
43	ACWIiShares MSCI ACWI ETF	93,021	$10.9M	0.30%
44	VNQVanguard Real Estate ETF	115,159	$10.3M	0.28%
45	SLQDiShares 0-5 Year Investment Grade Corporate Bond ETF	197,135	$9.8M	0.27%
46	IWMiShares Russell 2000 ETF	38,608	$8.5M	0.23%
47	VWEAXVanguard High-Yield Corporate Fund	1,541,069	$8.4M	0.23%
48	MCHIiShares MSCI China ETF	164,071	$7.7M	0.21%
49	ISRAVanEck Israel ETF	145,123	$6.3M	0.17%
50	VLUEiShares MSCI USA Value Factor ETF	57,877	$6.1M	0.17%
51	GOOGLAlphabet Inc	31,748	$6.0M	0.17%
52	EPPiShares MSCI Pacific ex Japan ETF	135,331	$5.9M	0.16%
53	TSMTaiwan Semiconductor Manufacturing Co Ltd	28,932	$5.7M	0.16%
54	SHViShares Short Treasury Bond ETF	50,438	$5.6M	0.15%
55	FOXAFox Corp	112,319	$5.5M	0.15%
56	T7DTransdigm Group Inc	4,288	$5.4M	0.15%
57	METAMeta Platforms Inc	9,237	$5.4M	0.15%
58	VVisa Inc	16,921	$5.3M	0.15%
59	CRMsalesforce.com Inc	15,985	$5.3M	0.15%
60	VTIVanguard Total Stock Market ETF	17,986	$5.2M	0.14%
61	TMOThermo Fisher Scientific Inc	9,979	$5.2M	0.14%
62	JPMJPMorgan Chase & Co	21,033	$5.0M	0.14%
63	BMYBristol-Myers Squibb Co	88,770	$5.0M	0.14%
64	BNBrookfield Corp	86,639	$5.0M	0.14%
65	QSRRestaurant Brands International Inc	76,230	$5.0M	0.14%
66	DEDeere & Co	11,531	$4.9M	0.13%
67	AONAon PLC	13,311	$4.8M	0.13%
68	VMCVulcan Materials Co	18,565	$4.8M	0.13%
69	QUALiShares Edge MSCI USA Quality Factor ETF	26,385	$4.7M	0.13%
70	USBUS Bancorp	98,179	$4.7M	0.13%
71	NDQInvesco QQQ Trust Series 1	9,116	$4.7M	0.13%
72	CSXCSX Corp	144,190	$4.7M	0.13%
73	XCEMColumbia EM Core ex-China ETF	153,312	$4.5M	0.12%
74	EIBIXEaton Vance Income Fund of Boston	826,744	$4.3M	0.12%
75	VAIPXVanguard Inflation-Protected Securities Fund	187,044	$4.2M	0.12%
76	VWOVanguard FTSE Emerging Markets ETF	95,221	$4.2M	0.12%
77	URTHiShares MSCI World ETF	23,734	$3.7M	0.10%
78	EGFIXEdgewood Growth Fund	81,302	$3.6M	0.10%
79	DBEUXtrackers MSCI Europe Hedged Equity ETF	84,622	$3.5M	0.10%
80	EWUiShares MSCI United Kingdom ETF	96,583	$3.3M	0.09%
81	XOMExxon Mobil Corp	29,507	$3.2M	0.09%
82	GQ9SPDR Gold Shares	12,310	$3.0M	0.08%
83	ASEAGlobal X FTSE Southeast Asia ETF	180,736	$2.9M	0.08%
84	JBTJohn Bean Technologies Corp	21,927	$2.8M	0.08%
85	NOWServiceNow Inc	2,618	$2.8M	0.08%
86	ARGXArgenx SE	4,309	$2.7M	0.07%
87	HUBSHubSpot Inc	3,772	$2.6M	0.07%
88	IVEiShares S&P 500 Value ETF	13,669	$2.6M	0.07%
89	SUBiShares Short-Term National Muni Bond ETF	24,372	$2.6M	0.07%
90	REZiShares Residential and Multisector Real Estate ETF	28,990	$2.3M	0.06%
91	FULHB Fuller Co	34,096	$2.3M	0.06%
92	ACWXiShares MSCI ACWI ex US ETF	42,607	$2.2M	0.06%
93	INDAiShares MSCI India ETF	41,894	$2.2M	0.06%
94	VFIRXVanguard Short-Term Treasury Fund	219,816	$2.2M	0.06%
95	IAUUSDiShares Gold Trust	42,088	$2.1M	0.06%
96	VUSBVanguard Ultra Short Bond ETF	40,812	$2.0M	0.06%
97	IWViShares Russell 3000 ETF	5,858	$2.0M	0.05%
98	HYGiShares iBoxx High Yield Corporate Bond ETF	24,088	$1.9M	0.05%
99	EFAXSPDR MSCI EAFE Fossil Fuel Reserves Free ETF	36,181	$1.4M	0.04%
100	IEIiShares 3-7 Year Treasury Bond ETF	12,358	$1.4M	0.04%

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