Twin Focus Capital Partners’s iShares 20+ Year Treasury Bond ETF TLT Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-31,858	Closed	-$2.81M	–	192
2025 Q2	$2.81M	Sell	31,858 -1,823	-5%	-$159K	0.39%	52
2025 Q1	$3.07M	Hold	33,681	–	–	0.48%	47
2024 Q4	$2.94M	Buy	+33,681	New	+$3.1M	0.43%	50
2016 Q4	–	Sell	-1,561	Closed	-$215K	–	95
2016 Q3	$215K	Hold	1,561	–	–	0.15%	75
2016 Q2	$217K	Hold	1,561	–	–	0.17%	70
2016 Q1	$204K	Buy	+1,561	New	+$200K	0.19%	65
2015 Q4	–	Sell	-3,111	Closed	-$384K	–	95
2015 Q3	$384K	Sell	3,111 -621	-17%	-$75.4K	0.49%	43
2015 Q2	$438K	Hold	3,732	–	–	0.49%	43
2015 Q1	$488K	Hold	3,732	–	–	0.38%	38
2014 Q4	$470K	Sell	3,732 -393	-10%	-$47.6K	0.55%	39
2014 Q3	$480K	Sell	4,125 -431	-9%	-$49.6K	0.47%	41
2014 Q2	$517K	Sell	4,556 -244	-5%	-$27.2K	0.58%	36
2014 Q1	$524K	Sell	4,800 -287	-6%	-$30.6K	0.62%	33
2013 Q4	$518K	Sell	5,087 -1,110	-18%	-$116K	0.51%	35
2013 Q3	$659K	Sell	6,197 -1,573	-20%	-$167K	0.63%	26
2013 Q2	$858K	Buy	+7,770	New	+$913K	0.88%	21