Filed: 2/17/2026ACC: 0001493152-26-007095
📋 What this filing means
PERMANENS CAPITAL L.P. filed this quarterly 13F‑HR report disclosing 80 equity positions with a total reported market value of $766.76M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
80
Positions
$766.76M
Total AUM (reported)
10.95M
Total Shares
Allocation by class
VALUE ETF$107.20M14.0%
COM$102.81M13.4%
ISHARES NEW$91.11M11.9%
GROWTH ETF$78.81M10.3%
STATE STREET SPD$60.69M7.9%
ISHARES$57.99M7.6%
JAPN HEDGE EQT$42.20M5.5%
Portfolio Concentration
Top 3$277.12M36.1%
4–10$296.97M38.7%
11–25$126.49M16.5%
Rest$66.18M8.6%
Top 3 weight
36.1%
Top 10 weight
74.9%
Voting Authority Distribution
Total shares with voting rights: 10.95M
Sole
Full voting authority
10.95M
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)
Sole80
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings80
Rows:
VANGUARD INDEX FDS
SOLEShares561.29K
TypeSH
Market value$107.20M
13.98%
Sole
561.29K
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares1.12M
TypeSH
Market value$91.11M
11.88%
Sole
1.12M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares161.55K
TypeSH
Market value$78.81M
10.28%
Sole
161.55K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares664.11K
TypeSH
Market value$60.69M
7.91%
Sole
664.11K
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares900.24K
TypeSH
Market value$57.99M
7.56%
Sole
900.24K
Shared
0.00
None
0.00
WISDOMTREE TR
SOLEShares292.75K
TypeSH
Market value$42.20M
5.50%
Sole
292.75K
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares560.28K
TypeSH
Market value$41.07M
5.36%
Sole
560.28K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares847.01K
TypeSH
Market value$36.31M
4.74%
Sole
847.01K
Shared
0.00
None
0.00
PRINCIPAL EXCHANGE TRADED FD
SOLEShares1.72M
TypeSH
Market value$32.72M
4.27%
Sole
1.72M
Shared
0.00
None
0.00
2023 ETF SERIES TRUST
SOLEShares800.67K
TypeSH
Market value$25.99M
3.39%
Sole
800.67K
Shared
0.00
None
0.00
LAZARD ACTIVE ETF TR
SOLEShares582.61K
TypeSH
Market value$18.64M
2.43%
Sole
582.61K
Shared
0.00
None
0.00
CAMECO CORP
SOLEShares174.18K
TypeSH
Market value$15.94M
2.08%
Sole
174.18K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares25.22K
TypeSH
Market value$12.20M
1.59%
Sole
25.22K
Shared
0.00
None
0.00
WALMART INC
SOLEShares86.40K
TypeSH
Market value$9.65M
1.26%
Sole
86.40K
Shared
0.00
None
0.00
UBS GROUP AG
SOLEShares207.41K
TypeSH
Market value$9.61M
1.25%
Sole
207.41K
Shared
0.00
None
0.00
ULTA BEAUTY INC
SOLEShares14.97K
TypeSH
Market value$9.05M
1.18%
Sole
14.97K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares27.44K
TypeSH
Market value$8.84M
1.15%
Sole
27.44K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares85.46K
TypeSH
Market value$8.54M
1.11%
Sole
85.46K
Shared
0.00
None
0.00
MITSUBISHI UFJ FINL GROUP IN
SOLEShares533.23K
TypeSH
Market value$8.46M
1.10%
Sole
533.23K
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares152.38K
TypeSH
Market value$6.55M
0.85%
Sole
152.38K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares26.86K
TypeSH
Market value$6.20M
0.81%
Sole
26.86K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
SOLEShares10.15K
TypeSH
Market value$3.35M
0.44%
Sole
10.15K
Shared
0.00
None
0.00
CONOCOPHILLIPS
SOLEShares34.63K
TypeSH
Market value$3.24M
0.42%
Sole
34.63K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares4.71K
TypeSH
Market value$3.22M
0.42%
Sole
4.71K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares4.55K
TypeSH
Market value$3.01M
0.39%
Sole
4.55K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | VALUE ETF | 561.29K | SH | $107.20M 13.98% | 561.29K | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | ISHARES NEW | 1.12M | SH | $91.11M 11.88% | 1.12M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 161.55K | SH | $78.81M 10.28% | 161.55K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 664.11K | SH | $60.69M 7.91% | 664.11K | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 900.24K | SH | $57.99M 7.56% | 900.24K | 0.00 | 0.00 |
WISDOMTREE TRSOLE | JAPN HEDGE EQT | 292.75K | SH | $42.20M 5.50% | 292.75K | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | BETABUILDERS EUR | 560.28K | SH | $41.07M 5.36% | 560.28K | 0.00 | 0.00 |
ISHARES TRSOLE | 0-5YR HI YL CP | 847.01K | SH | $36.31M 4.74% | 847.01K | 0.00 | 0.00 |
PRINCIPAL EXCHANGE TRADED FDSOLE | SPECTRUM PFD | 1.72M | SH | $32.72M 4.27% | 1.72M | 0.00 | 0.00 |
2023 ETF SERIES TRUSTSOLE | EAGLE CAPITAL SE | 800.67K | SH | $25.99M 3.39% | 800.67K | 0.00 | 0.00 |
LAZARD ACTIVE ETF TRSOLE | JAPANESE EQUITY | 582.61K | SH | $18.64M 2.43% | 582.61K | 0.00 | 0.00 |
CAMECO CORPSOLE | COM | 174.18K | SH | $15.94M 2.08% | 174.18K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 25.22K | SH | $12.20M 1.59% | 25.22K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 86.40K | SH | $9.65M 1.26% | 86.40K | 0.00 | 0.00 |
UBS GROUP AGSOLE | SHS | 207.41K | SH | $9.61M 1.25% | 207.41K | 0.00 | 0.00 |
ULTA BEAUTY INCSOLE | COM | 14.97K | SH | $9.05M 1.18% | 14.97K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 27.44K | SH | $8.84M 1.15% | 27.44K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 85.46K | SH | $8.54M 1.11% | 85.46K | 0.00 | 0.00 |
MITSUBISHI UFJ FINL GROUP INSOLE | SPONSORED ADS | 533.23K | SH | $8.46M 1.10% | 533.23K | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | SHARES REPRESENT | 152.38K | SH | $6.55M 0.85% | 152.38K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 26.86K | SH | $6.20M 0.81% | 26.86K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCSOLE | COM | 10.15K | SH | $3.35M 0.44% | 10.15K | 0.00 | 0.00 |
CONOCOPHILLIPSSOLE | COM | 34.63K | SH | $3.24M 0.42% | 34.63K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 4.71K | SH | $3.22M 0.42% | 4.71K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 4.55K | SH | $3.01M 0.39% | 4.55K | 0.00 | 0.00 |
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