Filed: 7/15/2025ACC: 0001951757-25-000843
📋 What this filing means
PERMANENT CAPITAL MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 158 equity positions with a total reported market value of $478.74M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
158
Positions
$478.74M
Total AUM (reported)
8.47M
Total Shares
Allocation by class
S&P 500 ETF SHS$103.68M21.7%
COM$95.65M20.0%
INTER TERM TREAS$49.42M10.3%
VAN FTSE DEV MKT$39.78M8.3%
S&P500 EQL WGT$39.35M8.2%
FLOATNG RAT TREA$25.03M5.2%
FTSE EMR MKT ETF$16.52M3.5%
Portfolio Concentration
Top 3$192.88M40.3%
4–10$159.08M33.2%
11–25$50.77M10.6%
Rest$76.01M15.9%
Top 3 weight
40.3%
Top 10 weight
73.5%
Voting Authority Distribution
Total shares with voting rights: 8.47M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
8.47M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole158
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings158
Rows:
VANGUARD INDEX FDS
SOLEShares181.97K
TypeSH
Market value$103.68M
21.66%
Sole
0.00
Shared
0.00
None
181.97K
VANGUARD SCOTTSDALE FDS
SOLEShares826.34K
TypeSH
Market value$49.42M
10.32%
Sole
0.00
Shared
0.00
None
826.34K
VANGUARD TAX-MANAGED FDS
SOLEShares697.74K
TypeSH
Market value$39.78M
8.31%
Sole
0.00
Shared
0.00
None
697.74K
INVESCO EXCHANGE TRADED FD T
SOLEShares216.50K
TypeSH
Market value$39.35M
8.22%
Sole
0.00
Shared
0.00
None
216.50K
MICROSOFT CORP
SOLEShares72.53K
TypeSH
Market value$36.08M
7.54%
Sole
0.00
Shared
0.00
None
72.53K
WISDOMTREE TR
SOLEShares497.52K
TypeSH
Market value$25.03M
5.23%
Sole
0.00
Shared
0.00
None
497.52K
VANGUARD INTL EQUITY INDEX F
SOLEShares334.04K
TypeSH
Market value$16.52M
3.45%
Sole
0.00
Shared
0.00
None
334.04K
VANGUARD INDEX FDS
SOLEShares65.37K
TypeSH
Market value$15.54M
3.25%
Sole
0.00
Shared
0.00
None
65.37K
ISHARES TR
SOLEShares135.96K
TypeSH
Market value$13.49M
2.82%
Sole
0.00
Shared
0.00
None
135.96K
AURORA INNOVATION INC
SOLEShares2.49M
TypeSH
Market value$13.07M
2.73%
Sole
0.00
Shared
0.00
None
2.49M
VANGUARD INDEX FDS
SOLEShares25.01K
TypeSH
Market value$7.62M
1.59%
Sole
0.00
Shared
0.00
None
25.01K
SPDR SERIES TRUST
SOLEShares266.86K
TypeSH
Market value$7.09M
1.48%
Sole
0.00
Shared
0.00
None
266.86K
ISHARES TR
SOLEShares8.75K
TypeSH
Market value$3.72M
0.78%
Sole
0.00
Shared
0.00
None
8.75K
SPDR S&P 500 ETF TR
SOLEShares5.48K
TypeSH
Market value$3.40M
0.71%
Sole
0.00
Shared
0.00
None
5.48K
NVIDIA CORPORATION
SOLEShares20.34K
TypeSH
Market value$3.21M
0.67%
Sole
0.00
Shared
0.00
None
20.34K
SPDR GOLD TR
SOLEShares9.71K
TypeSH
Market value$2.96M
0.62%
Sole
0.00
Shared
0.00
None
9.71K
AMAZON COM INC
SOLEShares13.44K
TypeSH
Market value$2.95M
0.62%
Sole
0.00
Shared
0.00
None
13.44K
APPLE INC
SOLEShares13.92K
TypeSH
Market value$2.86M
0.60%
Sole
0.00
Shared
0.00
None
13.92K
KRANESHARES TRUST
SOLEShares179.24K
TypeSH
Market value$2.78M
0.58%
Sole
0.00
Shared
0.00
None
179.24K
CAPITAL ONE FINL CORP
SOLEShares12.96K
TypeSH
Market value$2.76M
0.58%
Sole
0.00
Shared
0.00
None
12.96K
O-I GLASS INC
SOLEShares180.41K
TypeSH
Market value$2.66M
0.56%
Sole
0.00
Shared
0.00
None
180.41K
UBS GROUP AG
SOLEShares69.33K
TypeSH
Market value$2.34M
0.49%
Sole
0.00
Shared
0.00
None
69.33K
GOLAR LNG LTD
SOLEShares54.87K
TypeSH
Market value$2.26M
0.47%
Sole
0.00
Shared
0.00
None
54.87K
CATERPILLAR INC
SOLEShares5.37K
TypeSH
Market value$2.08M
0.44%
Sole
0.00
Shared
0.00
None
5.37K
TECK RESOURCES LTD
SOLEShares51.25K
TypeSH
Market value$2.07M
0.43%
Sole
0.00
Shared
0.00
None
51.25K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 181.97K | SH | $103.68M 21.66% | 0.00 | 0.00 | 181.97K |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 826.34K | SH | $49.42M 10.32% | 0.00 | 0.00 | 826.34K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 697.74K | SH | $39.78M 8.31% | 0.00 | 0.00 | 697.74K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 216.50K | SH | $39.35M 8.22% | 0.00 | 0.00 | 216.50K |
MICROSOFT CORPSOLE | COM | 72.53K | SH | $36.08M 7.54% | 0.00 | 0.00 | 72.53K |
WISDOMTREE TRSOLE | FLOATNG RAT TREA | 497.52K | SH | $25.03M 5.23% | 0.00 | 0.00 | 497.52K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 334.04K | SH | $16.52M 3.45% | 0.00 | 0.00 | 334.04K |
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 65.37K | SH | $15.54M 3.25% | 0.00 | 0.00 | 65.37K |
ISHARES TRSOLE | CORE US AGGBD ET | 135.96K | SH | $13.49M 2.82% | 0.00 | 0.00 | 135.96K |
AURORA INNOVATION INCSOLE | CLASS A COM | 2.49M | SH | $13.07M 2.73% | 0.00 | 0.00 | 2.49M |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 25.01K | SH | $7.62M 1.59% | 0.00 | 0.00 | 25.01K |
SPDR SERIES TRUSTSOLE | PORTFOLIO LN TSR | 266.86K | SH | $7.09M 1.48% | 0.00 | 0.00 | 266.86K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 8.75K | SH | $3.72M 0.78% | 0.00 | 0.00 | 8.75K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 5.48K | SH | $3.40M 0.71% | 0.00 | 0.00 | 5.48K |
NVIDIA CORPORATIONSOLE | COM | 20.34K | SH | $3.21M 0.67% | 0.00 | 0.00 | 20.34K |
SPDR GOLD TRSOLE | GOLD SHS | 9.71K | SH | $2.96M 0.62% | 0.00 | 0.00 | 9.71K |
AMAZON COM INCSOLE | COM | 13.44K | SH | $2.95M 0.62% | 0.00 | 0.00 | 13.44K |
APPLE INCSOLE | COM | 13.92K | SH | $2.86M 0.60% | 0.00 | 0.00 | 13.92K |
KRANESHARES TRUSTSOLE | CALIFORNIA CARB | 179.24K | SH | $2.78M 0.58% | 0.00 | 0.00 | 179.24K |
CAPITAL ONE FINL CORPSOLE | COM | 12.96K | SH | $2.76M 0.58% | 0.00 | 0.00 | 12.96K |
O-I GLASS INCSOLE | COM | 180.41K | SH | $2.66M 0.56% | 0.00 | 0.00 | 180.41K |
UBS GROUP AGSOLE | SHS | 69.33K | SH | $2.34M 0.49% | 0.00 | 0.00 | 69.33K |
GOLAR LNG LTDSOLE | SHS | 54.87K | SH | $2.26M 0.47% | 0.00 | 0.00 | 54.87K |
CATERPILLAR INCSOLE | COM | 5.37K | SH | $2.08M 0.44% | 0.00 | 0.00 | 5.37K |
TECK RESOURCES LTDSOLE | CL B | 51.25K | SH | $2.07M 0.43% | 0.00 | 0.00 | 51.25K |
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