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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 and exited 24; 43 existing positions rose in reported value and 15 fell.

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.

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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

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
BIL16.8% · +80%VTV16.3% · +22%VUG7.3% · +619%IAU6.7% · -54%SECU5.7% · +34%RSP4.3% · +483%BBEU3.0% · +82%JPY2.6% · +17%SCHI2.6% · -18%PSUS2.3% · newDXJ2.2% · +426%PREF2.2% · +30%CCJ1.8% · +2%FRDM1.6% · +2434%MSFT1.4% · +17%GOOGL1.3% · +458%HHH1.2% · newMUFG1.2% · -0%EAGL1.2% · +19%JPM1.2% · +2%IWF1.1% · +12437%IEFA1.1% · +950%IAUM1.1% · 0%WMT1.1% · +6%NOK1.0% · newULTA0.9% · +7%BKLN0.9% · +13%IVV0.8% · +1446%AMZN0.5% · +15%IWD0.5% · +1162%SPY0.5% · -3%TSM0.4% · +73%IGF0.3% · newVT0.3% · newAAPL0.3% · +83%MA0.3% · +70%MELI0.3% · +70%UNH0.3% · +4%META0.3% · +18%EFA0.2% · newGOOG0.2% · +22%GNR0.2% · newQLD0.2% · 0%NFLX0.2% · -12%COP0.2% · -3%DHR0.2% · +45%NVDA0.2% · +316%SPGI0.2% · +235%ASML0.2% · +67%HUM0.2% · +38%SAP0.2% · +16%WDAY0.1% · +33%AVGO0.1% · newCOF0.1% · +2%SHOP0.1% · +17%AJG0.1% · +74%STUB0.1% · newEMEQ0.1% · +38%LEN0.1% · +0%MU0.1% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 67.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$4.02B
Discretionary
$1.80B
Employees
17
Accounts
65
Address
10 GILLON STREET
CHARLESTON, SC 29401
Phone
(843) 882-7950
Website
This firm reports 2 disclosure items on its registration.
Name Title / Status Ownership Type
REGAN, JOHN, JAMES ControlCHIEF INVESTMENT OFFICER AND GENERAL PARTNER50–75%Individual
STEINBERG, JOSEPH, SAUL ControlPASSIVE LIMITED PARTNER25–50%Individual
LEEMING, KATHERINE, SQUIRESCHIEF COMPLIANCE OFFICERLess than 5%Individual
POLITANO, AUGUST, STEPHENCHIEF FINANCIAL OFFICERLess than 5%Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Permanens Capital L.P. Holdings (2026-06-30)

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
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