Top Institutional Investors

Permanens Capital L.P. — 13F Holdings & Portfolio

CIK 1599637 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Permanens Capital L.P. manages $972.4M in 13F-reported U.S. long-equity assets across 100 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BIL (16.75%), VTV (16.33%), VUG (7.31%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 36 new positions, exited 24, added to 43, and trimmed 15.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
410 PARK AVENUE
SUITE 430
NEW YORK, NY 10022
Phone
(212) 993-7456
Filing Manager
Permanens Capital L.P.
NEW YORK, NY
Signatory
Casey Earnest
Director of Operations
Loading holdings…
AUM

$972.4M

Long-equity book

Holdings

100

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+36 / −24 / ↑43 / ↓15

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • SPDR SERIES TRUST$72.4M +80.0%
  • VANGUARD INDEX FDS$41.2M +35.0%
  • INVESCO EXCHANGE TRADED FD T$35.7M +546.8%
  • VANGUARD INDEX FDS$21.0M +41.8%
  • WISDOMTREE TR$18.0M +475.9%
Show all 43 →

Top Trims

  • ISHARES GOLD TR-$101.4M -61.0%
  • BERKSHIRE HATHAWAY INC DEL-$8.9M -93.5%
  • SCHWAB STRATEGIC TR-$5.7M -18.7%
  • ISHARES GOLD TRUST MICRO-$1.8M -14.3%
  • NETFLIX INC.-$1.1M -34.4%
Show all 15 →

New Positions

  • PERSHING SQUARE USA LTD$22.5M
  • HOWARD HUGHES HOLDINGS INC$12.1M
  • NOKIA CORP$10.0M
  • ISHARES TR$3.3M
  • VANGUARD INTL EQUITY INDEX F$3.2M
Show all 36 →

Exited Positions

  • ISHARES TR$30.6M
  • BAKER HUGHES COMPANY$10.7M
  • BLACKROCK ETF TRUST II$7.8M
  • BRT APARTMENTS CORP$2.7M
  • BGC GROUP INC$1.7M
Show all 24 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR SERIES TRUST BIL 78468R663 $162.9M 16.75% 1,777,681 SH
2 VANGUARD INDEX FDS VTV 922908744 $158.8M 16.33% 728,513 SH
3 VANGUARD INDEX FDS VUG 922908736 $71.1M 7.31% 825,415 SH
4 ISHARES GOLD TR IAU 464285204 $64.8M 6.66% 858,088 SH
5 BLACKROCK ETF TRUST II SECU 092528819 $55.0M 5.66% 1,103,409 SH
6 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $42.2M 4.34% 198,353 SH
7 J P MORGAN EXCHANGE TRADED F BBEU 46641Q191 $29.2M 3.01% 376,103 SH
8 LAZARD ACTIVE ETF TR JPY 52110K103 $25.4M 2.62% 695,196 SH
9 SCHWAB STRATEGIC TR SCHI 808524698 $24.9M 2.56% 1,099,967 SH
10 PERSHING SQUARE USA LTD PSUS 71531T105 $22.5M 2.31% 601,320 SH
11 WISDOMTREE TR DXJ 97717W851 $21.8M 2.25% 125,863 SH
12 PRINCIPAL EXCHANGE TRADED FD PREF 74255Y888 $21.1M 2.17% 1,104,859 SH
13 CAMECO CORP CCJ 13321L108 $17.5M 1.80% 171,804 SH
14 EA SERIES TRUST FRDM 02072L607 $16.0M 1.65% 219,058 SH
15 MICROSOFT CORP MSFT 594918104 $13.6M 1.40% 36,373 SH
16 ALPHABET INC GOOGL 02079K305 $12.2M 1.25% 34,113 SH
17 HOWARD HUGHES HOLDINGS INC HHH 44267T102 $12.1M 1.24% 169,075 SH
18 MITSUBISHI UFJ FINANCIAL GRO MUFG 606822104 $11.5M 1.18% 574,236 SH
19 2023 ETF SERIES TRUST EAGL 88339Y102 $11.5M 1.18% 356,498 SH
20 JPMORGAN CHASE & CO JPM 46625H100 $11.4M 1.17% 34,689 SH
21 ISHARES TR IWF 464287614 $10.9M 1.12% 87,760 SH
22 ISHARES TR IEFA 46432F842 $10.7M 1.10% 111,184 SH
23 ISHARES GOLD TRUST MICRO IAUM 46436F103 $10.6M 1.09% 265,651 SH
24 WALMART INC WMT 931142103 $10.4M 1.07% 91,844 SH
25 NOKIA CORP NOK 654902204 $10.0M 1.03% 753,841 SH
26 ULTA BEAUTY INC ULTA 90384S303 $8.9M 0.92% 19,827 SH
27 INVESCO EXCH TRADED FD TR II BKLN 46138G508 $8.8M 0.91% 432,210 SH
28 ISHARES TR IVV 464287200 $7.4M 0.76% 9,880 SH
29 AMAZON COM INC AMZN 023135106 $5.1M 0.52% 21,215 SH
30 ISHARES TR IWD 464287598 $4.9M 0.51% 20,400 SH
31 SPDR S&P 500 ETF SPY 78462F103 $4.5M 0.47% 6,043 SH
32 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $4.4M 0.45% 9,114 SH
33 ISHARES TR IGF 464288372 $3.3M 0.34% 49,160 SH
34 VANGUARD INTL EQUITY INDEX F VT 922042742 $3.2M 0.33% 20,200 SH
35 APPLE INC AAPL 037833100 $3.1M 0.32% 10,603 SH
36 MICROSOFT CORP MA 57636Q104 $2.8M 0.29% 5,463 SH
37 MERCADOLIBRE INC MELI 58733R102 $2.8M 0.28% 1,630 SH
38 UNITEDHEALTH GROUP INC UNH 91324P102 $2.6M 0.27% 6,297 SH
39 META PLATFORMS INC META 30303M102 $2.5M 0.26% 4,522 SH
40 ISHARES TR EFA 464287465 $2.4M 0.25% 23,150 SH
41 ALPHABET INC GOOG 02079K107 $2.4M 0.24% 6,693 SH
42 STATE STR SPDR S&P 500 ETF T GNR 78463X541 $2.3M 0.24% 34,000 SH
43 ProShares Ultra QQQ ETF QLD 74347R206 $2.0M 0.21% 20,750 SH
44 NETFLIX INC. NFLX 64110L106 $2.0M 0.21% 28,088 SH
45 CONOCOPHILLIPS COP 20825C104 $1.9M 0.20% 18,548 SH
46 DANAHER CORP DEL DHR 235851102 $1.9M 0.20% 9,994 SH
47 NVIDIA CORPORATION NVDA 67066G104 $1.7M 0.18% 8,647 SH
48 S&P GLOBAL INC SPGI 78409V104 $1.7M 0.18% 4,190 SH
49 ASML HLDG NV ASML N07059210 $1.6M 0.17% 823 SH
50 HUMANA INC HUM 444859102 $1.5M 0.16% 3,884 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $972.4M 100 0001493152-26-038314
2026-03-31 2026-05-15 $776.3M 88 0001493152-26-023927
2025-12-31 2026-02-17 $766.8M 80 0001493152-26-007095
2025-09-30 2025-11-14 $670.5M 62 0001493152-25-023436