Permanens Capital L.P. — 13F Holdings & Portfolio
CIK 1599637 · latest 13F-HR filed 2026-05-15
Permanens Capital L.P. manages $776.3M in 13F-reported U.S. long-equity assets across 88 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IAU (21.41%), VTV (15.15%), BIL (11.66%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 19 new positions, exited 11, added to 23, and trimmed 43.
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.
$776.3M
Long-equity book
88
Distinct positions
2026-03-31
Filed 2026-05-15
+19 / −11 / ↑23 / ↓43
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ISHARES GOLD TR$75.1M +82.4%
- SPDR SERIES TRUST$29.8M +49.2%
- ISHARES TR$28.6M +1452.7%
- VANGUARD INDEX FDS$10.4M +9.7%
- ISHARES GOLD TR$5.9M +89.4%
Top Trims
- WISDOMTREE TR-$38.4M -91.0%
- VANGUARD INDEX FDS-$28.7M -36.4%
- J P MORGAN EXCHANGE TRADED F-$26.1M -63.6%
- 2023 ETF SERIES TRUST-$16.9M -65.0%
- PRINCIPAL EXCHANGE TRADED FD-$16.8M -51.3%
New Positions
- BLACKROCK ETF TRUST II$41.0M
- SCHWAB STRATEGIC TR$30.6M
- BAKER HUGHES COMPANY$10.7M
- BERKSHIRE HATHAWAY INC DEL$9.5M
- INVESCO EXCH TRADED FD TR II$7.8M
Exited Positions
- ISHARES SILVER TR$58.0M
- ISHARES TR$36.3M
- UBS GROUP AG$9.6M
- SCHWAB CHARLES CORP$8.5M
- ISHARES TR$2.0M
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 | ISHARES GOLD TR | IAU | 464285204 | $166.2M | 21.41% | 1,885,466 | SH |
| 2 | VANGUARD INDEX FDS | VTV | 922908744 | $117.6M | 15.15% | 599,227 | SH |
| 3 | SPDR SERIES TRUST | BIL | 78468R663 | $90.5M | 11.66% | 987,782 | SH |
| 4 | VANGUARD INDEX FDS | VUG | 922908736 | $50.2M | 6.46% | 114,815 | SH |
| 5 | BLACKROCK ETF TRUST II | SECU | 092528819 | $41.0M | 5.28% | 822,353 | SH |
| 6 | SCHWAB STRATEGIC TR | SCHI | 808524698 | $30.6M | 3.94% | 1,349,942 | SH |
| 7 | ISHARES TR | IEI | 464288661 | $30.6M | 3.94% | 257,944 | SH |
| 8 | LAZARD ACTIVE ETF TR | JPY | 52110K103 | $19.6M | 2.53% | 596,251 | SH |
| 9 | CAMECO CORP | CCJ | 13321L108 | $18.4M | 2.37% | 169,262 | SH |
| 10 | PRINCIPAL EXCHANGE TRADED FD | PREF | 74255Y888 | $15.9M | 2.05% | 847,144 | SH |
| 11 | J P MORGAN EXCHANGE TRADED F | BBEU | 46641Q191 | $15.0M | 1.93% | 206,582 | SH |
| 12 | ISHARES GOLD TR | IAUM | 46436F103 | $12.4M | 1.60% | 265,651 | SH |
| 13 | MICROSOFT CORP | MSFT | 594918104 | $11.5M | 1.49% | 31,146 | SH |
| 14 | WALMART INC | WMT | 931142103 | $10.8M | 1.39% | 86,688 | SH |
| 15 | BAKER HUGHES COMPANY | BKR | 05722G100 | $10.7M | 1.37% | 174,553 | SH |
| 16 | JPMORGAN CHASE & CO | JPM | 46625H100 | $10.0M | 1.29% | 34,064 | SH |
| 17 | MITSUBISHI UFJ FINANCIAL GRO | MUFG | 606822104 | $9.8M | 1.26% | 575,644 | SH |
| 18 | ULTA BEAUTY INC | ULTA | 90384S303 | $9.7M | 1.25% | 18,584 | SH |
| 19 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $9.5M | 1.22% | 19,820 | SH |
| 20 | 2023 ETF SERIES TRUST | EAGL | 88339Y102 | $9.1M | 1.17% | 299,137 | SH |
| 21 | INVESCO EXCH TRADED FD TR II | BKLN | 46138G508 | $7.8M | 1.01% | 383,369 | SH |
| 22 | BLACKROCK ETF TRUST II | BRHY | 092528868 | $7.8M | 1.01% | 154,756 | SH |
| 23 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $6.5M | 0.84% | 34,000 | SH |
| 24 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $4.1M | 0.52% | 6,233 | SH |
| 25 | AMAZON COM INC | AMZN | 023135106 | $3.9M | 0.50% | 18,494 | SH |
| 26 | WISDOMTREE TR | DXJ | 97717W851 | $3.8M | 0.49% | 23,914 | SH |
| 27 | NETFLIX INC. | NFLX | 64110L106 | $3.1M | 0.39% | 31,780 | SH |
| 28 | BRT APARTMENTS CORP | BRT | 055645303 | $2.7M | 0.35% | 201,265 | SH |
| 29 | CONOCOPHILLIPS | COP | 20825C104 | $2.5M | 0.32% | 19,069 | SH |
| 30 | META PLATFORMS INC | META | 30303M102 | $2.2M | 0.28% | 3,850 | SH |
| 31 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $1.8M | 0.23% | 5,274 | SH |
| 32 | ALPHABET INC | GOOGL | 02079K305 | $1.8M | 0.23% | 6,110 | SH |
| 33 | BGC GROUP INC | BGC | 088929104 | $1.7M | 0.21% | 170,000 | SH |
| 34 | MERCADOLIBRE INC | MELI | 58733R102 | $1.7M | 0.21% | 957 | SH |
| 35 | UNITEDHEALTH GROUP INC | UNH | 91324P102 | $1.6M | 0.21% | 6,085 | SH |
| 36 | MASTERCARD INCORPORATED | MA | 57636Q104 | $1.6M | 0.21% | 3,211 | SH |
| 37 | ALPHABET INC | GOOG | 02079K107 | $1.6M | 0.20% | 5,504 | SH |
| 38 | APPLE INC | AAPL | 037833100 | $1.5M | 0.19% | 5,803 | SH |
| 39 | SAP SE | SAP | 803054204 | $1.5M | 0.19% | 8,494 | SH |
| 40 | DANAHER CORP DEL | DHR | 235851102 | $1.3M | 0.17% | 6,890 | SH |
| 41 | INVESCO QQQ TR | QQQ | 46090E103 | $1.3M | 0.16% | 2,204 | SH |
| 42 | PROSHARES TR | QLD | 74347R206 | $1.3M | 0.16% | 20,750 | SH |
| 43 | CAPITAL ONE FINL CORP | COF | 14040H105 | $1.2M | 0.15% | 6,547 | SH |
| 44 | SHOPIFY INC | SHOP | 82509L107 | $1.2M | 0.15% | 10,030 | SH |
| 45 | ARES CAPITAL CORP | ARCC | 04010L103 | $1.2M | 0.15% | 65,544 | SH |
| 46 | WORKDAY INC | WDAY | 98138H101 | $1.1M | 0.15% | 8,826 | SH |
| 47 | COMCAST CORP NEW | CMCSA | 20030N101 | $1.1M | 0.14% | 37,901 | SH |
| 48 | INTUIT | INTU | 461202103 | $973.3K | 0.13% | 2,251 | SH |
| 49 | QXO INC | QXO | 82846H405 | $971.0K | 0.13% | 50,000 | SH |
| 50 | AERCAP HOLDINGS NV | AER | N00985106 | $960.5K | 0.12% | 7,002 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |