Filed: 1/7/2026ACC: 0001951757-26-000033
📋 What this filing means
PERMANENT CAPITAL MANAGEMENT, LP filed this quarterly 13F‑HR report disclosing 157 equity positions with a total reported market value of $513.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
157
Positions
$513.29M
Total AUM (reported)
7.13M
Total Shares
Allocation by class
S&P 500 ETF SHS$153.97M30.0%
COM$104.52M20.4%
S&P500 EQL WGT$41.78M8.1%
VAN FTSE DEV MKT$41.72M8.1%
INTER TERM TREAS$35.39M6.9%
FLOATNG RAT TREA$17.52M3.4%
FTSE EMR MKT ETF$15.72M3.1%
Portfolio Concentration
Top 3$237.47M46.3%
4–10$133.10M25.9%
11–25$59.72M11.6%
Rest$83.00M16.2%
Top 3 weight
46.3%
Top 10 weight
72.2%
Voting Authority Distribution
Total shares with voting rights: 7.13M
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
7.13M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole157
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings157
Rows:
VANGUARD INDEX FDS
SOLEShares245.52K
TypeSH
Market value$153.97M
30.00%
Sole
0.00
Shared
0.00
None
245.52K
INVESCO EXCHANGE TRADED FD T
SOLEShares218.09K
TypeSH
Market value$41.78M
8.14%
Sole
0.00
Shared
0.00
None
218.09K
VANGUARD TAX-MANAGED FDS
SOLEShares667.85K
TypeSH
Market value$41.72M
8.13%
Sole
0.00
Shared
0.00
None
667.85K
VANGUARD SCOTTSDALE FDS
SOLEShares590.48K
TypeSH
Market value$35.39M
6.89%
Sole
0.00
Shared
0.00
None
590.48K
MICROSOFT CORP
SOLEShares72.19K
TypeSH
Market value$34.91M
6.80%
Sole
0.00
Shared
0.00
None
72.19K
WISDOMTREE TR
SOLEShares348.13K
TypeSH
Market value$17.52M
3.41%
Sole
0.00
Shared
0.00
None
348.13K
VANGUARD INTL EQUITY INDEX F
SOLEShares292.44K
TypeSH
Market value$15.72M
3.06%
Sole
0.00
Shared
0.00
None
292.44K
ISHARES TR
SOLEShares138.58K
TypeSH
Market value$13.84M
2.70%
Sole
0.00
Shared
0.00
None
138.58K
VANGUARD INDEX FDS
SOLEShares23.73K
TypeSH
Market value$7.95M
1.55%
Sole
0.00
Shared
0.00
None
23.73K
ISHARES TR
SOLEShares54.86K
TypeSH
Market value$7.76M
1.51%
Sole
0.00
Shared
0.00
None
54.86K
SPDR SERIES TRUST
SOLEShares279.20K
TypeSH
Market value$7.39M
1.44%
Sole
0.00
Shared
0.00
None
279.20K
VANGUARD INDEX FDS
SOLEShares26.42K
TypeSH
Market value$6.82M
1.33%
Sole
0.00
Shared
0.00
None
26.42K
AURORA INNOVATION INC
SOLEShares1.34M
TypeSH
Market value$5.15M
1.00%
Sole
0.00
Shared
0.00
None
1.34M
NVIDIA CORPORATION
SOLEShares22.79K
TypeSH
Market value$4.25M
0.83%
Sole
0.00
Shared
0.00
None
22.79K
ISHARES TR
SOLEShares8.76K
TypeSH
Market value$4.15M
0.81%
Sole
0.00
Shared
0.00
None
8.76K
SPDR GOLD TR
SOLEShares9.80K
TypeSH
Market value$3.89M
0.76%
Sole
0.00
Shared
0.00
None
9.80K
APPLE INC
SOLEShares14.08K
TypeSH
Market value$3.83M
0.75%
Sole
0.00
Shared
0.00
None
14.08K
CAPITAL ONE FINL CORP
SOLEShares13.72K
TypeSH
Market value$3.32M
0.65%
Sole
0.00
Shared
0.00
None
13.72K
AMAZON COM INC
SOLEShares13.94K
TypeSH
Market value$3.22M
0.63%
Sole
0.00
Shared
0.00
None
13.94K
CATERPILLAR INC
SOLEShares5.59K
TypeSH
Market value$3.20M
0.62%
Sole
0.00
Shared
0.00
None
5.59K
UBS GROUP AG
SOLEShares67.47K
TypeSH
Market value$3.12M
0.61%
Sole
0.00
Shared
0.00
None
67.47K
ALPHABET INC
SOLEShares9.93K
TypeSH
Market value$3.11M
0.61%
Sole
0.00
Shared
0.00
None
9.93K
SPDR S&P 500 ETF TR
SOLEShares4.18K
TypeSH
Market value$2.86M
0.56%
Sole
0.00
Shared
0.00
None
4.18K
CADIZ INC
SOLEShares496.52K
TypeSH
Market value$2.79M
0.54%
Sole
0.00
Shared
0.00
None
496.52K
EXPAND ENERGY CORPORATION
SOLEShares23.84K
TypeSH
Market value$2.63M
0.51%
Sole
0.00
Shared
0.00
None
23.84K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 245.52K | SH | $153.97M 30.00% | 0.00 | 0.00 | 245.52K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 218.09K | SH | $41.78M 8.14% | 0.00 | 0.00 | 218.09K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 667.85K | SH | $41.72M 8.13% | 0.00 | 0.00 | 667.85K |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 590.48K | SH | $35.39M 6.89% | 0.00 | 0.00 | 590.48K |
MICROSOFT CORPSOLE | COM | 72.19K | SH | $34.91M 6.80% | 0.00 | 0.00 | 72.19K |
WISDOMTREE TRSOLE | FLOATNG RAT TREA | 348.13K | SH | $17.52M 3.41% | 0.00 | 0.00 | 348.13K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 292.44K | SH | $15.72M 3.06% | 0.00 | 0.00 | 292.44K |
ISHARES TRSOLE | CORE US AGGBD ET | 138.58K | SH | $13.84M 2.70% | 0.00 | 0.00 | 138.58K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 23.73K | SH | $7.95M 1.55% | 0.00 | 0.00 | 23.73K |
ISHARES TRSOLE | MSCI ACWI ETF | 54.86K | SH | $7.76M 1.51% | 0.00 | 0.00 | 54.86K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 279.20K | SH | $7.39M 1.44% | 0.00 | 0.00 | 279.20K |
VANGUARD INDEX FDSSOLE | SMALL CP ETF | 26.42K | SH | $6.82M 1.33% | 0.00 | 0.00 | 26.42K |
AURORA INNOVATION INCSOLE | CLASS A COM | 1.34M | SH | $5.15M 1.00% | 0.00 | 0.00 | 1.34M |
NVIDIA CORPORATIONSOLE | COM | 22.79K | SH | $4.25M 0.83% | 0.00 | 0.00 | 22.79K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 8.76K | SH | $4.15M 0.81% | 0.00 | 0.00 | 8.76K |
SPDR GOLD TRSOLE | GOLD SHS | 9.80K | SH | $3.89M 0.76% | 0.00 | 0.00 | 9.80K |
APPLE INCSOLE | COM | 14.08K | SH | $3.83M 0.75% | 0.00 | 0.00 | 14.08K |
CAPITAL ONE FINL CORPSOLE | COM | 13.72K | SH | $3.32M 0.65% | 0.00 | 0.00 | 13.72K |
AMAZON COM INCSOLE | COM | 13.94K | SH | $3.22M 0.63% | 0.00 | 0.00 | 13.94K |
CATERPILLAR INCSOLE | COM | 5.59K | SH | $3.20M 0.62% | 0.00 | 0.00 | 5.59K |
UBS GROUP AGSOLE | SHS | 67.47K | SH | $3.12M 0.61% | 0.00 | 0.00 | 67.47K |
ALPHABET INCSOLE | CAP STK CL A | 9.93K | SH | $3.11M 0.61% | 0.00 | 0.00 | 9.93K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 4.18K | SH | $2.86M 0.56% | 0.00 | 0.00 | 4.18K |
CADIZ INCSOLE | COM NEW | 496.52K | SH | $2.79M 0.54% | 0.00 | 0.00 | 496.52K |
EXPAND ENERGY CORPORATIONSOLE | COM | 23.84K | SH | $2.63M 0.51% | 0.00 | 0.00 | 23.84K |
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