Q3 2025 · 13F-HR
Permanens Capital L.P.holdings as filed
Filed 2025-11-14 · accession 0001493152-25-023436
$670.5M
Reported value
62
Positions
2025-09-30
Period end
The Brief · Permanens Capital L.P. · Q3 2025
AI · grounded in 13F
Permanens Capital L.P. established a new position in VTV valued at $123.02M. The fund also initiated new stakes in VUG for $121.84M and IAU for $64.78M. Additional new positions include BIL at $40.52M and SLV at $39.49M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908744 | VTV | VANGUARD INDEX FDS | $123.0M | 18.3% | 656,355 | Common | SOLE |
| 922908736 | VUG | VANGUARD INDEX FDS | $121.8M | 18.2% | 253,775 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $64.8M | 9.66% | 890,255 | Common | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $40.5M | 6.04% | 441,640 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $39.5M | 5.89% | 931,983 | Common | SOLE |
| 233051853 | DBEU | DBX ETF TR | $37.9M | 5.66% | 823,835 | Common | SOLE |
| 97717W851 | DXJ | WISDOMTREE TR | $37.4M | 5.57% | 291,733 | Common | SOLE |
| 46434V407 | SHYG | ISHARES TR | $34.0M | 5.08% | 786,065 | Common | SOLE |
| 74255Y888 | PREF | PRINCIPAL EXCHANGE TRADED FD | $28.1M | 4.19% | 1,468,514 | Common | SOLE |
| 88339Y102 | EAGL | 2023 ETF SERIES TRUST | $23.9M | 3.56% | 764,024 | Common | SOLE |
| 52110K103 | JPY | LAZARD ACTIVE ETF TR | $17.4M | 2.60% | 555,599 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $14.0M | 2.08% | 166,648 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $6.9M | 1.02% | 66,589 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $6.8M | 1.02% | 19,784 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $6.8M | 1.02% | 13,142 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $6.7M | 0.99% | 21,121 | Common | SOLE |
| 606822104 | MUFG | MITSUBISHI UFJ FINL GROUP IN | $6.3M | 0.94% | 395,273 | Common | SOLE |
| H42097107 | UBS | UBS GROUP AG SHS | $6.2M | 0.93% | 151,917 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $6.1M | 0.92% | 11,236 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $6.0M | 0.89% | 62,587 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $3.5M | 0.52% | 53,878 | Common | SOLE |
| 055645303 | BRT | BRT APARTMENTS CORP | $3.2M | 0.48% | 201,263 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $2.9M | 0.43% | 4,318 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $2.3M | 0.35% | 1,936 | Common | SOLE |
| 464288661 | IEI | ISHARES TR | $1.9M | 0.28% | 15,596 | Common | SOLE |
| 464288646 | IGSB | ISHARES TR | $1.9M | 0.28% | 35,143 | Common | SOLE |
| 088929104 | BGC | BGC GROUP INC | $1.6M | 0.24% | 170,000 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $1.3M | 0.20% | 65,544 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $1.3M | 0.19% | 5,075 | Common | SOLE |
| 46438R105 | ETHA | ISHARES ETHEREUM TR | $1.2M | 0.18% | 38,220 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.2M | 0.18% | 1,635 | Common | SOLE |
| 74347R206 | QLD | PROSHARES TR II | $1.2M | 0.18% | 8,605 | Common | SOLE |
| 82509L107 | SHOP | SHOPIFY INC | $1.2M | 0.18% | 7,927 | Common | SOLE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $1.1M | 0.17% | 1,967 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.1M | 0.16% | 4,369 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $1.1M | 0.16% | 4,814 | Common | SOLE |
| 500767306 | KWEB | KRANESHARES TRUST | $854,315 | 0.13% | 20,336 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $838,640 | 0.13% | 44,000 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $695,875 | 0.10% | 1,158 | Common | SOLE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $576,579 | 0.09% | 4,067 | Common | SOLE |
| 88080T104 | WULF | TERAWULF INC | $513,900 | 0.08% | 45,000 | Common | SOLE |
| 46641Q191 | BBEU | J P MORGAN EXCHANGE TRADED F | $400,954 | 0.06% | 5,760 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $397,564 | 0.06% | 594 | Common | SOLE |
| 464287614 | IWF | ISHARES TR | $375,921 | 0.06% | 803 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $354,143 | 0.05% | 1,898 | Common | SOLE |
| 53814X300 | LVO | LIVEONE INC | $345,788 | 0.05% | 83,726 | Common | SOLE |
| 055622104 | BP | BP PLC | $326,405 | 0.05% | 9,472 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $306,857 | 0.05% | 5,948 | Common | SOLE |
| 464287598 | IWD | ISHARES TR | $294,961 | 0.04% | 1,449 | Common | SOLE |
| 02157E106 | ALTI | ALTI GLOBAL INC | $277,029 | 0.04% | 77,817 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $275,759 | 0.04% | 118 | Common | SOLE |
| 74347Y755 | — | PROSHARES TR II | $261,000 | 0.04% | 25,000 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $221,708 | 0.03% | 441 | Common | SOLE |
| 302635206 | FSK | FS KKR CAP CORP | $188,460 | 0.03% | 12,058 | Common | SOLE |
| 22275C105 | PODC | PODCASTONE INC | $177,872 | 0.03% | 105,876 | Common | SOLE |
| 003057106 | ACP | ABRDN INCOME CREDIT STRATEGI | $159,500 | 0.02% | 27,500 | Common | SOLE |
| 225655109 | CCAP | CRESCENT CAP BDC INC | $146,800 | 0.02% | 10,000 | Common | SOLE |
| 09259E108 | TCPC | BLACKROCK TCP CAPITAL CORP | $132,716 | 0.02% | 21,406 | Common | SOLE |
| 03761U502 | MFIC | MIDCAP FINANCIAL INVSTMNT CO | $132,234 | 0.02% | 11,029 | Common | SOLE |
| 63008G203 | NNDM | NANO DIMENSION LTD | $78,500 | 0.01% | 50,000 | Common | SOLE |
| 75574U101 | RC | READY CAPITAL CORP | $59,925 | 0.01% | 15,000 | Common | SOLE |
| 72201R783 | HYS | PIMCO ETF TR | $49,084 | 0.01% | 513 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.