Permanent Capital Management, LP — 13F Holdings & Portfolio
CIK 2054108 · latest 13F-HR filed 2026-08-12
Permanent Capital Management, LP manages $746.7M in 13F-reported U.S. long-equity assets across 211 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VT (24.39%), VOO (23.29%), AGG (8.64%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 66 new positions, exited 10, added to 62, and trimmed 41.
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.
10TH FLOOR
CHICAGO, IL 60607
$746.7M
Long-equity book
211
Distinct positions
2026-06-30
Filed 2026-08-12
+66 / −10 / ↑62 / ↓41
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- VANGUARD INTL EQUITY INDEX F$84.9M +87.2%
- VANGUARD INDEX FDS$11.0M +6.8%
- VANGUARD INDEX FDS$1.7M +22.7%
- QUEST DIAGNOSTICS INC$1.5M +196.1%
- VANGUARD INDEX FDS$1.2M +507.1%
Top Trims
- INVESCO EXCHANGE TRADED FD T-$21.0M -91.7%
- AURORA INNOVATION INC-$3.8M -47.8%
- MICROSOFT CORP-$2.4M -8.1%
- SERVICENOW INC-$470.0K -52.3%
- SPDR GOLD TR-$450.9K -13.0%
New Positions
- VALUED ADVISERS TR$3.9M
- ISHARES TR$1.2M
- HOWARD HUGHES HOLDINGS INC$857.9K
- QXO INC$855.8K
- HONEYWELL INTL INC$771.3K
Exited Positions
- VANGUARD INDEX FDS$4.0M
- FIDELITY COVINGTON TRUST$419.2K
- VAIL RESORTS INC$364.0K
- FIDELITY MERRIMACK STR TR$361.8K
- CRH PLC$327.4K
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 | VANGUARD INTL EQUITY INDEX F | VT | 922042742 | $182.1M | 24.39% | 1,160,445 | SH |
| 2 | VANGUARD INDEX FDS | VOO | 922908363 | $173.9M | 23.29% | 253,227 | SH |
| 3 | ISHARES TR | AGG | 464287226 | $64.5M | 8.64% | 651,553 | SH |
| 4 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $48.1M | 6.44% | 675,379 | SH |
| 5 | VANGUARD SCOTTSDALE FDS | VGIT | 92206C706 | $35.4M | 4.75% | 600,884 | SH |
| 6 | MICROSOFT CORP | MSFT | 594918104 | $27.2M | 3.65% | 73,008 | SH |
| 7 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $17.4M | 2.34% | 292,236 | SH |
| 8 | WISDOMTREE TR | USFR | 97717Y527 | $14.0M | 1.88% | 278,781 | SH |
| 9 | VANGUARD INDEX FDS | VTI | 922908769 | $9.4M | 1.26% | 25,411 | SH |
| 10 | ISHARES TR | ACWI | 464288257 | $8.6M | 1.15% | 54,862 | SH |
| 11 | SPDR SERIES TRUST | SPTL | 78464A664 | $7.3M | 0.98% | 278,085 | SH |
| 12 | CATERPILLAR INC | CAT | 149123101 | $5.8M | 0.78% | 5,465 | SH |
| 13 | NVIDIA CORPORATION | NVDA | 67066G104 | $4.6M | 0.62% | 23,070 | SH |
| 14 | ISHARES TR | IWF | 464287614 | $4.4M | 0.58% | 35,109 | SH |
| 15 | APPLE INC | AAPL | 037833100 | $4.2M | 0.56% | 14,538 | SH |
| 16 | AURORA INNOVATION INC | AUR | 051774107 | $4.1M | 0.55% | 603,200 | SH |
| 17 | AMAZON COM INC | AMZN | 023135106 | $4.0M | 0.53% | 16,652 | SH |
| 18 | VALUED ADVISERS TR | EQTY | 92046L353 | $3.9M | 0.52% | 138,184 | SH |
| 19 | ALPHABET INC | GOOGL | 02079K305 | $3.6M | 0.48% | 10,023 | SH |
| 20 | UBS GROUP AG | UBS | H42097107 | $3.2M | 0.43% | 64,477 | SH |
| 21 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $3.1M | 0.42% | 4,185 | SH |
| 22 | BANK OF NY MELLON CORP | BNY | 064058100 | $3.0M | 0.40% | 20,794 | SH |
| 23 | SPDR GOLD TR | GLD | 78463V107 | $3.0M | 0.40% | 8,157 | SH |
| 24 | EXPAND ENERGY CORPORATION | EXE | 165167735 | $2.4M | 0.33% | 26,635 | SH |
| 25 | KIMBERLY-CLARK CORP | KMB | 494368103 | $2.3M | 0.31% | 20,522 | SH |
| 26 | QUEST DIAGNOSTICS INC | DGX | 74834L100 | $2.3M | 0.30% | 10,706 | SH |
| 27 | CADIZ INC | CDZI | 127537207 | $2.2M | 0.30% | 537,680 | SH |
| 28 | UNION PAC CORP | UNP | 907818108 | $2.2M | 0.29% | 7,913 | SH |
| 29 | ALPHABET INC | GOOG | 02079K107 | $2.1M | 0.28% | 5,939 | SH |
| 30 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $1.9M | 0.25% | 8,945 | SH |
| 31 | O-I GLASS INC | OI | 67098H104 | $1.8M | 0.24% | 186,778 | SH |
| 32 | LOEWS CORP | L | 540424108 | $1.7M | 0.23% | 15,454 | SH |
| 33 | ALASKA AIR GROUP INC | ALK | 011659109 | $1.7M | 0.23% | 33,099 | SH |
| 34 | BROADCOM INC | AVGO | 11135F101 | $1.5M | 0.21% | 4,072 | SH |
| 35 | JOHNSON & JOHNSON | JNJ | 478160104 | $1.5M | 0.21% | 6,055 | SH |
| 36 | GOLAR LNG LTD | GLNG | G9456A100 | $1.4M | 0.19% | 28,796 | SH |
| 37 | VANGUARD INDEX FDS | VTV | 922908744 | $1.4M | 0.19% | 6,480 | SH |
| 38 | CAPITAL ONE FINL CORP | COF | 14040H105 | $1.4M | 0.18% | 6,859 | SH |
| 39 | MGM RESORTS INTERNATIONAL | MGM | 552953101 | $1.4M | 0.18% | 28,463 | SH |
| 40 | META PLATFORMS INC | META | 30303M102 | $1.4M | 0.18% | 2,410 | SH |
| 41 | TECK RESOURCES LTD | TECK | 878742204 | $1.3M | 0.17% | 21,526 | SH |
| 42 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $1.2M | 0.16% | 4,298 | SH |
| 43 | ISHARES TR | IWM | 464287655 | $1.2M | 0.16% | 4,007 | SH |
| 44 | VANGUARD STAR FDS | VXUS | 921909768 | $1.2M | 0.16% | 13,986 | SH |
| 45 | WALMART INC | WMT | 931142103 | $1.2M | 0.16% | 10,383 | SH |
| 46 | MARINEMAX INC | HZO | 567908108 | $1.2M | 0.15% | 31,474 | SH |
| 47 | ISHARES TR | OEF | 464287101 | $1.2M | 0.15% | 3,149 | SH |
| 48 | AXIS CAP HLDGS LTD | AXS | G0692U109 | $1.1M | 0.15% | 10,053 | SH |
| 49 | UNILEVER PLC | UL | 904767803 | $1.1M | 0.14% | 17,648 | SH |
| 50 | NORTHERN TR CORP | NTRS | 665859104 | $1.0M | 0.14% | 6,011 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-12 | $746.7M | 211 | 0001951757-26-001242 |
| 2026-03-31 | 2026-05-14 | $643.0M | 155 | 0001951757-26-000858 |
| 2025-12-31 | 2026-01-07 | $513.3M | 157 | 0001951757-26-000033 |
| 2025-09-30 | 2025-10-17 | $534.9M | 151 | 0001951757-25-001167 |