Filed: 11/14/2025ACC: 0001493152-25-023436
📋 What this filing means
PERMANENS CAPITAL L.P. filed this quarterly 13F‑HR report disclosing 62 equity positions with a total reported market value of $670.51M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
62
Positions
$670.51M
Total AUM (reported)
9.97M
Total Shares
Allocation by class
VALUE ETF$123.02M18.3%
GROWTH ETF$121.84M18.2%
COM$71.00M10.6%
ISHARES NEW$64.78M9.7%
BLOOMBERG 1-3 MO$40.52M6.0%
ISHARES$39.49M5.9%
XTRACK MSCI EURP$37.94M5.7%
Portfolio Concentration
Top 3$309.65M46.2%
4–10$241.32M36.0%
11–25$96.99M14.5%
Rest$22.55M3.4%
Top 3 weight
46.2%
Top 10 weight
82.2%
Voting Authority Distribution
Total shares with voting rights: 9.97M
Sole
Full voting authority
9.97M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole62
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings62
Rows:
VANGUARD INDEX FDS
SOLEShares656.36K
TypeSH
Market value$123.02M
18.35%
Sole
656.36K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares253.78K
TypeSH
Market value$121.84M
18.17%
Sole
253.78K
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares890.25K
TypeSH
Market value$64.78M
9.66%
Sole
890.25K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares441.64K
TypeSH
Market value$40.52M
6.04%
Sole
441.64K
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares931.98K
TypeSH
Market value$39.49M
5.89%
Sole
931.98K
Shared
0.00
None
0.00
DBX ETF TR
SOLEShares823.84K
TypeSH
Market value$37.94M
5.66%
Sole
823.84K
Shared
0.00
None
0.00
WISDOMTREE TR
SOLEShares291.73K
TypeSH
Market value$37.35M
5.57%
Sole
291.73K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares786.07K
TypeSH
Market value$34.04M
5.08%
Sole
786.07K
Shared
0.00
None
0.00
PRINCIPAL EXCHANGE TRADED FD
SOLEShares1.47M
TypeSH
Market value$28.11M
4.19%
Sole
1.47M
Shared
0.00
None
0.00
2023 ETF SERIES TRUST
SOLEShares764.02K
TypeSH
Market value$23.88M
3.56%
Sole
764.02K
Shared
0.00
None
0.00
LAZARD ACTIVE ETF TR
SOLEShares555.60K
TypeSH
Market value$17.44M
2.60%
Sole
555.60K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares166.65K
TypeSH
Market value$13.98M
2.08%
Sole
166.65K
Shared
0.00
None
0.00
WALMART INC
SOLEShares66.59K
TypeSH
Market value$6.86M
1.02%
Sole
66.59K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares19.78K
TypeSH
Market value$6.83M
1.02%
Sole
19.78K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares13.14K
TypeSH
Market value$6.81M
1.02%
Sole
13.14K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares21.12K
TypeSH
Market value$6.66M
0.99%
Sole
21.12K
Shared
0.00
None
0.00
MITSUBISHI UFJ FINL GROUP IN
SOLEShares395.27K
TypeSH
Market value$6.30M
0.94%
Sole
395.27K
Shared
0.00
None
0.00
UBS GROUP AG SHS
SOLEShares151.92K
TypeSH
Market value$6.23M
0.93%
Sole
151.92K
Shared
0.00
None
0.00
ULTA BEAUTY INC
SOLEShares11.24K
TypeSH
Market value$6.14M
0.92%
Sole
11.24K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares62.59K
TypeSH
Market value$5.98M
0.89%
Sole
62.59K
Shared
0.00
None
0.00
ISHARES BITCOIN TRUST ETF
SOLEShares53.88K
TypeSH
Market value$3.50M
0.52%
Sole
53.88K
Shared
0.00
None
0.00
BRT APARTMENTS CORP
SOLEShares201.26K
TypeSH
Market value$3.19M
0.48%
Sole
201.26K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares4.32K
TypeSH
Market value$2.88M
0.43%
Sole
4.32K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares1.94K
TypeSH
Market value$2.32M
0.35%
Sole
1.94K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares15.60K
TypeSH
Market value$1.86M
0.28%
Sole
15.60K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | VALUE ETF | 656.36K | SH | $123.02M 18.35% | 656.36K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 253.78K | SH | $121.84M 18.17% | 253.78K | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | ISHARES NEW | 890.25K | SH | $64.78M 9.66% | 890.25K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | BLOOMBERG 1-3 MO | 441.64K | SH | $40.52M 6.04% | 441.64K | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 931.98K | SH | $39.49M 5.89% | 931.98K | 0.00 | 0.00 |
DBX ETF TRSOLE | XTRACK MSCI EURP | 823.84K | SH | $37.94M 5.66% | 823.84K | 0.00 | 0.00 |
WISDOMTREE TRSOLE | JAPN HEDGE EQT | 291.73K | SH | $37.35M 5.57% | 291.73K | 0.00 | 0.00 |
ISHARES TRSOLE | 0-5YR HI YL CP | 786.07K | SH | $34.04M 5.08% | 786.07K | 0.00 | 0.00 |
PRINCIPAL EXCHANGE TRADED FDSOLE | SPECTRUM PFD | 1.47M | SH | $28.11M 4.19% | 1.47M | 0.00 | 0.00 |
2023 ETF SERIES TRUSTSOLE | EAGLE GAPITAL SE | 764.02K | SH | $23.88M 3.56% | 764.02K | 0.00 | 0.00 |
LAZARD ACTIVE ETF TRSOLE | JAPANESE EQUITY | 555.60K | SH | $17.44M 2.60% | 555.60K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 166.65K | SH | $13.98M 2.08% | 166.65K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 66.59K | SH | $6.86M 1.02% | 66.59K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 19.78K | SH | $6.83M 1.02% | 19.78K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 13.14K | SH | $6.81M 1.02% | 13.14K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 21.12K | SH | $6.66M 0.99% | 21.12K | 0.00 | 0.00 |
MITSUBISHI UFJ FINL GROUP INSOLE | SPONSORED ADS | 395.27K | SH | $6.30M 0.94% | 395.27K | 0.00 | 0.00 |
UBS GROUP AG SHSSOLE | COM | 151.92K | SH | $6.23M 0.93% | 151.92K | 0.00 | 0.00 |
ULTA BEAUTY INCSOLE | COM | 11.24K | SH | $6.14M 0.92% | 11.24K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 62.59K | SH | $5.98M 0.89% | 62.59K | 0.00 | 0.00 |
ISHARES BITCOIN TRUST ETFSOLE | SHS BEN INT | 53.88K | SH | $3.50M 0.52% | 53.88K | 0.00 | 0.00 |
BRT APARTMENTS CORPSOLE | COM | 201.26K | SH | $3.19M 0.48% | 201.26K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 4.32K | SH | $2.88M 0.43% | 4.32K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 1.94K | SH | $2.32M 0.35% | 1.94K | 0.00 | 0.00 |
ISHARES TRSOLE | 3 7 YR TREAS BD | 15.60K | SH | $1.86M 0.28% | 15.60K | 0.00 | 0.00 |
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