# EDGAR Filing Document

**Accession Number:** 0001694870
**File Stem:** 0001104659-26-059167
**Filing Date:** 2026-5
**Character Count:** 22673
**Document Hash:** b480060a2d5f4613b2412e76afa0796e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-059167.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001104659-26-059167

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARTNERS CAPITAL INVESTMENT GROUP, LLP
- **CENTRAL INDEX KEY:** 0001694870

**ORGANIZATION NAME:**
- **EIN:** 814189609
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18074
- **FILM NUMBER:** 26966851

**BUSINESS ADDRESS:**
- **STREET 1:** 600 ATLANTIC AVENUE
- **STREET 2:** 30TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 6172922570

**MAIL ADDRESS:**
- **STREET 1:** 600 ATLANTIC AVENUE
- **STREET 2:** 30TH FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** PARTNERS CAPITAL INVESTMENT GROUP LLP<br>**Address:** 600 Atlantic Avenue<br>30th Floor<br>Boston, MA 02210

**Form 13F File Number:** 028-18074

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Nelda Kacyem<br>**Title:** CCO Senior Principal<br>**Phone:** 617-292-2570

**Signature, Place, and Date of Signing:**

/s/ Nelda Kacyem  Boston, MA  05-06-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 174

**Form 13F Information Table Value Total:** $2654654499

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ACV Auctions Inc | COM CL A | 00091G104 |  | 765087 | 180445 | SH |  | SOLE |  | 180445 | 0 | 0 |
| Allogene Therapeutics Inc | COM | 019770106 |  | 394297 | 161597 | SH |  | SOLE |  | 161597 | 0 | 0 |
| Alphabet Inc | CAP STK CL A | 02079K305 |  | 4837184 | 16821 | SH |  | SOLE |  | 16821 | 0 | 0 |
| Alphabet Inc | CAP STK CL C | 02079K107 |  | 1953547 | 6810 | SH |  | SOLE |  | 6810 | 0 | 0 |
| Apollo Global Management Inc | COM CL A | 03768E105 |  | 823505 | 7391 | SH |  | SOLE |  | 7391 | 0 | 0 |
| Argenx SE | SPONSORED ADR | 04016X101 |  | 1413034 | 1935 | SH |  | SOLE |  | 1935 | 0 | 0 |
| BeiGene Ltd | SPONSORED ADR | 07725L102 |  | 1527614 | 5144 | SH |  | SOLE |  | 5144 | 0 | 0 |
| Berkshire Hathaway Inc | CL B NEW | 084670702 |  | 219953 | 459 | SH |  | SOLE |  | 459 | 0 | 0 |
| Bit Digital Inc | SHS | G1144A105 |  | 13100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| Bitfarms Ltd/Canada | COM | 09173B107 |  | 39000 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| Blackstone Inc | COM | 09260D107 |  | 422427 | 3674 | SH |  | SOLE |  | 3674 | 0 | 0 |
| Blackstone Mortgage Trust Inc | COM CL A | 09257W100 |  | 872153 | 45543 | SH |  | SOLE |  | 45543 | 0 | 0 |
| Bristol-Myers Squibb Co | COM | 110122108 |  | 4288440 | 70708 | SH |  | SOLE |  | 70708 | 0 | 0 |
| Broadcom Inc | COM | 11135F101 |  | 2851516 | 9213 | SH |  | SOLE |  | 9213 | 0 | 0 |
| Burberry Group PLC | COM | 12082W204 |  | 176520 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| Cango Inc/KY | ADS | 137586103 |  | 59595 | 145000 | SH |  | SOLE |  | 145000 | 0 | 0 |
| Capital One Financial Corp | COM | 14040H105 |  | 2973974 | 16302 | SH |  | SOLE |  | 16302 | 0 | 0 |
| CBRE Group Inc | CL A | 12504L109 |  | 201023 | 1484 | SH |  | SOLE |  | 1484 | 0 | 0 |
| CenterPoint Energy Inc | COM | 15189T107 |  | 436434 | 10112 | SH |  | SOLE |  | 10112 | 0 | 0 |
| Charles Schwab Corp/The | COM | 808513105 |  | 3629790 | 38623 | SH |  | SOLE |  | 38623 | 0 | 0 |
| Citigroup Inc | COM NEW | 172967424 |  | 275813 | 2432 | SH |  | SOLE |  | 2432 | 0 | 0 |
| Coinbase Global Inc | COM CL A | 19260Q107 |  | 1450136 | 8305 | SH |  | SOLE |  | 8305 | 0 | 0 |
| Columbia EM Core ex-China ETF | EM CORE EX ETF | 19762B202 |  | 13060968 | 320043 | SH |  | SOLE |  | 320043 | 0 | 0 |
| Cummins Inc | COM | 231021106 |  | 647776 | 1204 | SH |  | SOLE |  | 1204 | 0 | 0 |
| Deere  Co | COM | 244199105 |  | 5149125 | 9141 | SH |  | SOLE |  | 9141 | 0 | 0 |
| Eaton Corp PLC | SHS | G29183103 |  | 349801 | 978 | SH |  | SOLE |  | 978 | 0 | 0 |
| EMCOR Group Inc | COM | 29084Q100 |  | 375800 | 509 | SH |  | SOLE |  | 509 | 0 | 0 |
| Emerson Electric Co | COM | 291011104 |  | 1519439 | 11597 | SH |  | SOLE |  | 11597 | 0 | 0 |
| Energy Select Sector SPDR Fund | ENERGY | 81369Y506 |  | 18151008 | 296295 | SH |  | SOLE |  | 296295 | 0 | 0 |
| Eversource Energy | COM | 30040W108 |  | 410623 | 5927 | SH |  | SOLE |  | 5927 | 0 | 0 |
| Ferguson PLC | SHS | G3421J106 |  | 3315091 | 14212 | SH |  | SOLE |  | 14212 | 0 | 0 |
| First Solar Inc | COM | 336433107 |  | 247364 | 1254 | SH |  | SOLE |  | 1254 | 0 | 0 |
| Fox Corp | CL A COM | 35137L105 |  | 204926 | 3509 | SH |  | SOLE |  | 3509 | 0 | 0 |
| Franklin Covey Co | COM | 353469109 |  | 242234 | 15341 | SH |  | SOLE |  | 15341 | 0 | 0 |
| General Electric Co | COM NEW | 369604301 |  | 1418282 | 4998 | SH |  | SOLE |  | 4998 | 0 | 0 |
| General Motors Co | COM | 37045V100 |  | 544595 | 7310 | SH |  | SOLE |  | 7310 | 0 | 0 |
| GFL Environmental Inc | SUB VTG SHS | 36168Q104 |  | 438352 | 10507 | SH |  | SOLE |  | 10507 | 0 | 0 |
| Global X Cybersecurity ETF | CYBRSCURTY ETF | 37954Y384 |  | 992096 | 39510 | SH |  | SOLE |  | 39510 | 0 | 0 |
| Guidewire Software Inc | COM | 40171V100 |  | 228677 | 1529 | SH |  | SOLE |  | 1529 | 0 | 0 |
| Hilton Worldwide Holdings Inc | COM | 43300A203 |  | 3745657 | 12318 | SH |  | SOLE |  | 12318 | 0 | 0 |
| Hims  Hers Health Inc | COM CL A | 433000106 |  | 269880 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| Howmet Aerospace Inc | COM | 443201108 |  | 1659312 | 7200 | SH |  | SOLE |  | 7200 | 0 | 0 |
| IGM Financial Inc | COM | 449586106 |  | 1605766 | 13550 | SH |  | SOLE |  | 13550 | 0 | 0 |
| Incyte Corp | COM | 45337C102 |  | 1538203 | 16343 | SH |  | SOLE |  | 16343 | 0 | 0 |
| Intercontinental Exchange Inc | COM | 45866F104 |  | 3514579 | 22346 | SH |  | SOLE |  | 22346 | 0 | 0 |
| Invesco China Technology ETF | CHINA TECHNLGY | 46138E800 |  | 586702 | 12749 | SH |  | SOLE |  | 12749 | 0 | 0 |
| Invesco QQQ Trust Series 1 | UNIT SER 1 | 46090E103 |  | 6508793 | 11277 | SH |  | SOLE |  | 11277 | 0 | 0 |
| Invesco S 500 Equal Weight ETF | S EQL WGT | 46137V357 |  | 6042448 | 31484 | SH |  | SOLE |  | 31484 | 0 | 0 |
| iShares 0-3 Month Treasury Bond ETF | 0-3 MNTH TREASRY | 46436E718 |  | 59487530 | 590975 | SH |  | SOLE |  | 590975 | 0 | 0 |
| iShares 0-5 Year TIPS Bond ETF | 0-5 YR TIPS ETF | 46429B747 |  | 101759140 | 983845 | SH |  | SOLE |  | 983845 | 0 | 0 |
| iShares 1-3 Year Treasury Bond ETF | 1 3 YR TREAS BD | 464287457 |  | 9733926 | 117887 | SH |  | SOLE |  | 117887 | 0 | 0 |
| iShares 3-7 Year Treasury Bond ETF | 3 7 YR TREAS BD | 464288661 |  | 5498476 | 46362 | SH |  | SOLE |  | 46362 | 0 | 0 |
| iShares 7-10 Year Treasury Bond ETF | 7-10 YR TRSY BD | 464287440 |  | 51972898 | 544561 | SH |  | SOLE |  | 544561 | 0 | 0 |
| iShares Broad USD High Yield Corporate Bond ETF | BROAD USD HIGH | 46435U853 |  | 7421303 | 201447 | SH |  | SOLE |  | 201447 | 0 | 0 |
| iShares Core Growth Allocation ETF | GRWT ALLOCAT ETF | 464289867 |  | 1564155 | 24307 | SH |  | SOLE |  | 24307 | 0 | 0 |
| iShares Core MSCI EAFE ETF | CORE MSCI EAFE | 46432F842 |  | 83275238 | 919863 | SH |  | SOLE |  | 919863 | 0 | 0 |
| iShares Core MSCI Emerging Markets ETF | CORE MSCI EMKT | 46434G103 |  | 152553021 | 2187140 | SH |  | SOLE |  | 2187140 | 0 | 0 |
| iShares Core S 500 ETF | CORE S ETF | 464287200 |  | 536840110 | 821849 | SH |  | SOLE |  | 821849 | 0 | 0 |
| iShares Core S Total US Stock Market ETF | CORE S TTL STK | 464287150 |  | 69010419 | 484522 | SH |  | SOLE |  | 484522 | 0 | 0 |
| iShares Currency Hedged MSCI ACWI EX US ETF | MSCI ACWI EXUS | 46435G847 |  | 17205773 | 420782 | SH |  | SOLE |  | 420782 | 0 | 0 |
| iShares Currency Hedged MSCI EAFE ETF | HDG MSCI EAFE | 46434V803 |  | 152098833 | 3579217 | SH |  | SOLE |  | 3579217 | 0 | 0 |
| iShares Currency Hedged MSCI Japan ETF | HDG MSCI JAPAN | 46434V886 |  | 19348918 | 343797 | SH |  | SOLE |  | 343797 | 0 | 0 |
| iShares Edge MSCI Min Vol USA ETF | MSCI USA MIN VOL | 46429B697 |  | 2732580 | 29465 | SH |  | SOLE |  | 29465 | 0 | 0 |
| iShares Edge MSCI USA Quality Factor ETF | MSCI USA QLT FCT | 46432F339 |  | 5484515 | 28593 | SH |  | SOLE |  | 28593 | 0 | 0 |
| iShares Expanded Tech Sector ETF | EXPND TEC SC ETF | 464287549 |  | 1605766 | 13550 | SH |  | SOLE |  | 13550 | 0 | 0 |
| iShares Expanded Tech-Software Sector ETF | EXPANDED TECH | 464287515 |  | 1536880 | 19199 | SH |  | SOLE |  | 19199 | 0 | 0 |
| iShares Global REIT ETF | GLOBAL REIT ETF | 46434V647 |  | 40139956 | 1596022 | SH |  | SOLE |  | 1596022 | 0 | 0 |
| iShares Gold Trust | ISHARES | 464285105 |  | 35830516 | 406426 | SH |  | SOLE |  | 406426 | 0 | 0 |
| iShares iBoxx High Yield Corporate Bond ETF | IBOXX HI YD ETF | 464288513 |  | 232221 | 2919 | SH |  | SOLE |  | 2919 | 0 | 0 |
| iShares J.P. Morgan EM Local Currency Bond ETF | JP MORGAN EM ETF | 464286517 |  | 23315217 | 571451 | SH |  | SOLE |  | 571451 | 0 | 0 |
| iShares MSCI ACWI ETF | MSCI ACWI ETF | 464288257 |  | 30860971 | 223032 | SH |  | SOLE |  | 223032 | 0 | 0 |
| iShares MSCI ACWI ex US ETF | MSCI ACWI EX US | 464288240 |  | 1783406 | 26047 | SH |  | SOLE |  | 26047 | 0 | 0 |
| iShares MSCI China ETF | MSCI CHINA ETF | 46429B671 |  | 9461080 | 168407 | SH |  | SOLE |  | 168407 | 0 | 0 |
| iShares MSCI EAFE ETF | MSCI EAFE ETF | 464287465 |  | 6849984 | 70524 | SH |  | SOLE |  | 70524 | 0 | 0 |
| iShares MSCI EAFE Value ETF | EAFE VALUE ETF | 464288877 |  | 470168 | 6324 | SH |  | SOLE |  | 6324 | 0 | 0 |
| iShares MSCI Emerging Markets ETF | MSCI EMG MKT ETF | 464287234 |  | 4626143 | 81461 | SH |  | SOLE |  | 81461 | 0 | 0 |
| iShares MSCI Emerging Markets ex China ETF | ETF - EQUITY | 46434G764 |  | 80410912 | 1022259 | SH |  | SOLE |  | 1022259 | 0 | 0 |
| iShares MSCI India ETF | MSCI INDIA ETF | 46429B598 |  | 1962315 | 41894 | SH |  | SOLE |  | 41894 | 0 | 0 |
| iShares MSCI Japan ETF | MSCI JPN ETF NEW | 46434G822 |  | 15538601 | 184019 | SH |  | SOLE |  | 184019 | 0 | 0 |
| iShares MSCI Pacific ex Japan ETF | MSCI PAC JP ETF | 464286665 |  | 6510335 | 122513 | SH |  | SOLE |  | 122513 | 0 | 0 |
| iShares MSCI United Kingdom ETF | MSCI UK ETF NEW | 46435G334 |  | 894623 | 19636 | SH |  | SOLE |  | 19636 | 0 | 0 |
| iShares MSCI World ETF | MSCI WORLD ETF | 464286392 |  | 4577833 | 25430 | SH |  | SOLE |  | 25430 | 0 | 0 |
| iShares National Muni Bond ETF | NATIONAL MUN ETF | 464288414 |  | 3303736 | 31123 | SH |  | SOLE |  | 31123 | 0 | 0 |
| iShares Residential and Multisector Real Estate ETF | RESIDENTIAL MULT | 464288562 |  | 2412267 | 28990 | SH |  | SOLE |  | 28990 | 0 | 0 |
| iShares Russell 2000 ETF | RUSSELL 2000 ETF | 464287655 |  | 8997202 | 36279 | SH |  | SOLE |  | 36279 | 0 | 0 |
| iShares Russell 3000 ETF | RUSSELL 3000 ETF | 464287689 |  | 11086035 | 29907 | SH |  | SOLE |  | 29907 | 0 | 0 |
| iShares Russell Mid-Cap ETF | RUS MID CAP ETF | 464287499 |  | 1485716 | 15280 | SH |  | SOLE |  | 15280 | 0 | 0 |
| iShares S 500 Value ETF | S 500 VAL ETF | 464287408 |  | 1130045 | 5352 | SH |  | SOLE |  | 5352 | 0 | 0 |
| iShares Semiconductor ETF | ISHARES SEMICDTR | 464287523 |  | 1320675 | 4018 | SH |  | SOLE |  | 4018 | 0 | 0 |
| iShares Short Treasury Bond ETF | SHORT TREAS BD | 464288679 |  | 6397889 | 57957 | SH |  | SOLE |  | 57957 | 0 | 0 |
| iShares Short-Term National Muni Bond ETF | SHRT NAT MUN ETF | 464288158 |  | 23672113 | 222273 | SH |  | SOLE |  | 222273 | 0 | 0 |
| iShares TIPS Bond ETF | TIPS BD ETF | 464287176 |  | 62820444 | 569232 | SH |  | SOLE |  | 569232 | 0 | 0 |
| iShares Trust iShares ESG Aware MSCI USA ETF | ESG AWR MSCI USA | 46435G425 |  | 3403793 | 24069 | SH |  | SOLE |  | 24069 | 0 | 0 |
| iShares U.S. Home Construction ETF | US HOME CONS ETF | 464288752 |  | 2069819 | 22858 | SH |  | SOLE |  | 22858 | 0 | 0 |
| Johnson Controls International plc | SHS | G51502105 |  | 1399725 | 10689 | SH |  | SOLE |  | 10689 | 0 | 0 |
| KKR  Co Inc | COM | 48251W104 |  | 233933 | 2529 | SH |  | SOLE |  | 2529 | 0 | 0 |
| KraneShares CSI China Internet ETF | CSI CHI INTERNET | 500767306 |  | 1333081 | 46890 | SH |  | SOLE |  | 46890 | 0 | 0 |
| Lennar Corp | CL A | 526057104 |  | 213220 | 2455 | SH |  | SOLE |  | 2455 | 0 | 0 |
| Linde PLC | SHS | G5494J103 |  | 6311025 | 12730 | SH |  | SOLE |  | 12730 | 0 | 0 |
| MasTec Inc | COM | 576323109 |  | 5994016 | 18630 | SH |  | SOLE |  | 18630 | 0 | 0 |
| Meta Platforms Inc | CL A | 30303M102 |  | 4164189 | 7278 | SH |  | SOLE |  | 7278 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 5104969 | 13791 | SH |  | SOLE |  | 13791 | 0 | 0 |
| Netflix Inc | COM | 64110L106 |  | 621129 | 6460 | SH |  | SOLE |  | 6460 | 0 | 0 |
| New York Times Co/The | CL A | 650111107 |  | 218795 | 2613 | SH |  | SOLE |  | 2613 | 0 | 0 |
| News Corp | CL A | 65249B109 |  | 3568405 | 143137 | SH |  | SOLE |  | 143137 | 0 | 0 |
| Novartis AG | FOREIGN | H5820Q150 |  | 4267765 | 28214 | SH |  | SOLE |  | 28214 | 0 | 0 |
| NU Holdings Ltd/Cayman Islands | ORD SHS CL A | G6683N103 |  | 847729 | 58993 | SH |  | SOLE |  | 58993 | 0 | 0 |
| nVent Electric PLC | SHS | G6700G107 |  | 396475 | 3352 | SH |  | SOLE |  | 3352 | 0 | 0 |
| Ondas Holdings Inc | COM NEW | 68236H204 |  | 153680 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| Opendoor Technologies Inc | COM | 683712103 |  | 99806 | 21326 | SH |  | SOLE |  | 21326 | 0 | 0 |
| PACCAR Inc | COM | 693718108 |  | 1164933 | 10086 | SH |  | SOLE |  | 10086 | 0 | 0 |
| Pacer Funds Trust-Pacer Benchmark Data  Infrastructure Real Estate Sctr Etf | DATA AND INFRAST | 69374H741 |  | 270594 | 8667 | SH |  | SOLE |  | 8667 | 0 | 0 |
| Pacer Funds Trust-Pacer Benchmark Industrial Real Estate Sctr Etf | INDUSTRIAL RELET | 69374H766 |  | 233860 | 6365 | SH |  | SOLE |  | 6365 | 0 | 0 |
| Parker-Hannifin Corp | COM | 701094104 |  | 1459241 | 1630 | SH |  | SOLE |  | 1630 | 0 | 0 |
| PG Corp | COM | 69331C108 |  | 457980 | 26066 | SH |  | SOLE |  | 26066 | 0 | 0 |
| POET Technologies Inc | COM NEW | 73044W302 |  | 136620 | 23000 | SH |  | SOLE |  | 23000 | 0 | 0 |
| Primoris Services Corp | COM | 74164F103 |  | 385779 | 2697 | SH |  | SOLE |  | 2697 | 0 | 0 |
| ProShares S 500 Dividend Aristocrats ETF | S 500 DV ARIST | 74348A467 |  | 481589 | 4543 | SH |  | SOLE |  | 4543 | 0 | 0 |
| Republic Services Inc | COM | 760759100 |  | 402121 | 1836 | SH |  | SOLE |  | 1836 | 0 | 0 |
| Restaurant Brands International Inc | COM | 76131D103 |  | 3568927 | 48294 | SH |  | SOLE |  | 48294 | 0 | 0 |
| Rocket Lab USA Inc | COM | 773122106 |  | 256880 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| S Global Inc | COM | 78409V104 |  | 2973552 | 6991 | SH |  | SOLE |  | 6991 | 0 | 0 |
| Safran SA | Common Stock | F4035A557 |  | 373825 | 1158 | SH |  | SOLE |  | 1158 | 0 | 0 |
| salesforce.com Inc | COM | 79466L302 |  | 2825624 | 15137 | SH |  | SOLE |  | 15137 | 0 | 0 |
| Seagate Technology Holdings PLC | ORD SHS | G7997R103 |  | 883027 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| Seagate Technology PLC | SHS | G7945M107 |  | 883027 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| ServiceNow Inc | COM | 81762P102 |  | 767920 | 7345 | SH |  | SOLE |  | 7345 | 0 | 0 |
| Snap Inc | CL A | 83304A106 |  | 1004451 | 218359 | SH |  | SOLE |  | 218359 | 0 | 0 |
| SPDR Blackstone Senior Loan ETF | COM | 78467V608 |  | 1698418 | 42312 | SH |  | SOLE |  | 42312 | 0 | 0 |
| SPDR Bloomberg 1-10 Year TIPS ETF | BLOOMBERG 1 10 YEAR TIPS ETF | 78468R861 |  | 1383868 | 72114 | SH |  | SOLE |  | 72114 | 0 | 0 |
| SPDR Bloomberg 3-12 Month T-Bill ETF | BLOOMBERG 3-12 M | 78468R523 |  | 11852854 | 119196 | SH |  | SOLE |  | 119196 | 0 | 0 |
| SPDR Bloomberg Barclays 1-3 Month T-Bill ETF | BLOOMBERG 1-3 MONTH T-BILL ETF | 78468R663 |  | 10161114 | 110881 | SH |  | SOLE |  | 110881 | 0 | 0 |
| SPDR Gold Shares | GOLD SHS | 78463V107 |  | 5296870 | 12310 | SH |  | SOLE |  | 12310 | 0 | 0 |
| SPDR S 500 ETF Trust | TR UNIT | 78462F103 |  | 37185833 | 57179 | SH |  | SOLE |  | 57179 | 0 | 0 |
| SPDR S 500 Fossil Fuel Reserves Free ETF | SPDR S 500 ETF | 78468R796 |  | 18941496 | 357185 | SH |  | SOLE |  | 357185 | 0 | 0 |
| SPDR S Biotech ETF | S BIOTECH | 78464A870 |  | 457346 | 3581 | SH |  | SOLE |  | 3581 | 0 | 0 |
| Synopsys Inc | COM | 871607107 |  | 37185833 | 57179 | SH |  | SOLE |  | 57179 | 0 | 0 |
| Taiwan Semiconductor Manufacturing Co Ltd | SPONSORED ADS | 874039100 |  | 4238569 | 12542 | SH |  | SOLE |  | 12542 | 0 | 0 |
| TCW Transform Systems ETF | TRANSFORM CLMTE | 29287L205 |  | 10298681 | 105340 | SH |  | SOLE |  | 105340 | 0 | 0 |
| Teads Holding Co | COM | 69002R103 |  | 137915 | 209407 | SH |  | SOLE |  | 209407 | 0 | 0 |
| Trane Technologies PLC | SHS | G8994E103 |  | 1684463 | 4042 | SH |  | SOLE |  | 4042 | 0 | 0 |
| Transdigm Group Inc | COM | 893641100 |  | 3238134 | 2794 | SH |  | SOLE |  | 2794 | 0 | 0 |
| Tyler Technologies Inc | COM | 902252105 |  | 2575382 | 7522 | SH |  | SOLE |  | 7522 | 0 | 0 |
| Uber Technologies Inc | COM | 90353T100 |  | 220322 | 3063 | SH |  | SOLE |  | 3063 | 0 | 0 |
| United Rentals Inc | COM | 911363109 |  | 3118965 | 4281 | SH |  | SOLE |  | 4281 | 0 | 0 |
| United Therapeutics Corp | COM | 91307C102 |  | 2164970 | 3651 | SH |  | SOLE |  | 3651 | 0 | 0 |
| Urban Edge Properties | COM | 91704F104 |  | 262677 | 13147 | SH |  | SOLE |  | 13147 | 0 | 0 |
| UroGen Pharma Ltd | COM | M96088105 |  | 276604 | 15384 | SH |  | SOLE |  | 15384 | 0 | 0 |
| VanEck Israel ETF | ISRAEL ETF | 92189F635 |  | 8903650 | 147257 | SH |  | SOLE |  | 147257 | 0 | 0 |
| VanEck J. P. Morgan EM Local Currency Bond ETF | JP MRGAN EM LOC | 92189H300 |  | 19418348 | 773331 | SH |  | SOLE |  | 773331 | 0 | 0 |
| Vanguard Dividend Appreciation ETF | DIV APP ETF | 921908844 |  | 1104023 | 5134 | SH |  | SOLE |  | 5134 | 0 | 0 |
| Vanguard Financials ETF | FINANCIALS ETF | 92204A405 |  | 226785 | 1877 | SH |  | SOLE |  | 1877 | 0 | 0 |
| Vanguard FTSE Emerging Markets ETF | FTSE EMR MKT ETF | 922042858 |  | 433298 | 8017 | SH |  | SOLE |  | 8017 | 0 | 0 |
| Vanguard FTSE Pacific ETF | FTSE PACIFIC ETF | 922042866 |  | 3784231 | 38721 | SH |  | SOLE |  | 38721 | 0 | 0 |
| Vanguard Global ex-U.S. Real Estate ETF | GLB EX US ETF | 922042676 |  | 1250663 | 28136 | SH |  | SOLE |  | 28136 | 0 | 0 |
| Vanguard Intermediate-Term Treasury ETF | INTER TERM TREAS | 92206C706 |  | 38854184 | 652463 | SH |  | SOLE |  | 652463 | 0 | 0 |
| Vanguard Real Estate ETF | REAL ESTATE ETF | 922908553 |  | 12856552 | 144944 | SH |  | SOLE |  | 144944 | 0 | 0 |
| Vanguard Russell 2000 ETF | VNG RUS2000IDX | 92206C664 |  | 11489163 | 114697 | SH |  | SOLE |  | 114697 | 0 | 0 |
| Vanguard S 500 ETF | S 500 ETF SHS | 922908363 |  | 97450540 | 163083 | SH |  | SOLE |  | 163083 | 0 | 0 |
| Vanguard Short-Term Inflation-Protected Securities ETF | STRM INFPROIDX | 922020805 |  | 2427436 | 48597 | SH |  | SOLE |  | 48597 | 0 | 0 |
| Vanguard Short-Term Treasury ETF | SHORT TERM TREAS | 92206C102 |  | 170767268 | 2917104 | SH |  | SOLE |  | 2917104 | 0 | 0 |
| Vanguard Total Stock Market ETF | TOTAL STK MKT | 922908769 |  | 6112172 | 19052 | SH |  | SOLE |  | 19052 | 0 | 0 |
| Vanguard Total World Stock ETF | TT WRLD ST ETF | 922042742 |  | 68285669 | 493679 | SH |  | SOLE |  | 493679 | 0 | 0 |
| Vanguard Value ETF | VALUE ETF | 922908744 |  | 125663491 | 640487 | SH |  | SOLE |  | 640487 | 0 | 0 |
| Vertiv Holdings Co | COM CL A | 92537N108 |  | 581346 | 2320 | SH |  | SOLE |  | 2320 | 0 | 0 |
| Visa Inc | COM CL A | 92826C839 |  | 3221181 | 10658 | SH |  | SOLE |  | 10658 | 0 | 0 |
| Vistra Energy Corp | COM | 92840M102 |  | 368309 | 2450 | SH |  | SOLE |  | 2450 | 0 | 0 |
| Vulcan Materials Co | COM | 929160109 |  | 3456576 | 12694 | SH |  | SOLE |  | 12694 | 0 | 0 |
| Waste Management Inc | COM | 94106L109 |  | 281263 | 1224 | SH |  | SOLE |  | 1224 | 0 | 0 |
| WisdomTree Japan Hedged Equity Fund | JAPN HEDGE EQT | 97717W851 |  | 18799056 | 118546 | SH |  | SOLE |  | 118546 | 0 | 0 |
| Xcel Energy Inc | COM | 98389B100 |  | 1501654 | 18903 | SH |  | SOLE |  | 18903 | 0 | 0 |
| Xtrackers MSCI EAFE Hedged Equity ETF | XTRACK MSCI EAFE | 233051200 |  | 9871509 | 199828 | SH |  | SOLE |  | 199828 | 0 | 0 |
| Xtrackers MSCI Europe Hedged Equity ETF | XTRACK MSCI EURP | 233051853 |  | 2418923 | 49649 | SH |  | SOLE |  | 49649 | 0 | 0 |
| Xtrackers MSCI Japan Hedged Equity ETF | XTRACK MSCI JAPN | 233051507 |  | 66203868 | 655348 | SH |  | SOLE |  | 655348 | 0 | 0 |

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