Q2 2025 · 13F-HR
Permanens Capital L.P.holdings as filed
Filed 2025-08-14 · accession 0001641172-25-023975
$733.3M
Reported value
68
Positions
2025-06-30
Period end
The Brief · Permanens Capital L.P. · Q2 2025
AI · grounded in 13F
Permanens Capital L.P. established a new position in VTV valued at $141.6M. The fund also initiated new stakes in VUG for $132.5M and DBEU for $62.4M. Additional new positions include IAU at $56.7M and DXJ at $53.7M. Total assets under management stand at $733.3M across 68 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908744 | VTV | VANGUARD INDEX FDS | $141.6M | 19.3% | 797,030 | Common | SOLE |
| 922908736 | VUG | VANGUARD INDEX FDS | $132.5M | 18.1% | 301,987 | Common | SOLE |
| 233051853 | DBEU | DBX ETF TR | $62.4M | 8.51% | 1,414,972 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $56.7M | 7.73% | 909,546 | Common | SOLE |
| 97717W851 | DXJ | WISDOMTREE TR | $53.7M | 7.32% | 469,995 | Common | SOLE |
| 46434V407 | SHYG | ISHARES TR | $38.0M | 5.19% | 881,749 | Common | SOLE |
| 74255Y888 | PREF | PRINCIPAL EXCHANGE TRADED FD | $28.8M | 3.93% | 1,520,729 | Common | SOLE |
| 46434G764 | EMXC | ISHARES INC | $25.4M | 3.46% | 401,493 | Common | SOLE |
| 88339Y102 | EAGL | 2023 ETF SERIES TRUST | $22.9M | 3.13% | 760,077 | Common | SOLE |
| 46641Q217 | BBJP | J P MORGAN EXCHANGE TRADED F | $22.9M | 3.12% | 370,860 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $20.3M | 2.77% | 618,578 | Common | SOLE |
| 464287457 | SHY | ISHARES TR | $13.7M | 1.87% | 165,623 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $13.7M | 1.87% | 184,304 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $8.8M | 1.20% | 17,652 | Common | SOLE |
| 90384S303 | ULTA | ULTA BEAUTY INC | $6.1M | 0.83% | 12,946 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $5.6M | 0.76% | 61,341 | Common | SOLE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $5.5M | 0.75% | 18,876 | Common | SOLE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $5.3M | 0.72% | 10,920 | Common | SOLE |
| H42097107 | UBS | UBS GROUP AG | $5.1M | 0.70% | 151,596 | Common | SOLE |
| 931142103 | WMT | WALMART INC | $5.0M | 0.68% | 50,851 | Common | SOLE |
| 571903202 | MAR | MARRIOTT INTL INC NEW | $4.8M | 0.65% | 17,453 | Common | SOLE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $3.5M | 0.47% | 19,069 | Common | SOLE |
| 464288802 | SUSA | ISHARES TR | $3.1M | 0.42% | 24,577 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $3.1M | 0.42% | 14,147 | Common | SOLE |
| 78468R663 | BIL | SPDR SERIES TRUST | $2.8M | 0.39% | 31,005 | Common | SOLE |
| 055645303 | BRT | BRT APARTMENTS CORP | $2.6M | 0.36% | 165,848 | Common | SOLE |
| 20825C104 | COP | CONOCOPHILLIPS | $2.1M | 0.29% | 23,438 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $2.0M | 0.28% | 6,537 | Common | SOLE |
| 20030N101 | CMCSA | COMCAST CORP NEW | $1.8M | 0.25% | 50,622 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $1.8M | 0.25% | 15,416 | Common | SOLE |
| 088929104 | BGC | BGC GROUP INC | $1.7M | 0.24% | 170,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $1.7M | 0.23% | 8,034 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.7M | 0.23% | 2,244 | Common | SOLE |
| 98138H101 | WDAY | WORKDAY INC | $1.6M | 0.22% | 6,856 | Common | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $1.6M | 0.22% | 8,894 | Common | SOLE |
| 78462F103 | SPY | 78462F103 | $1.5M | 0.20% | 2,407 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $1.5M | 0.20% | 6,472 | Common | SOLE |
| 780259305 | SHEL | SHELL PLC | $1.5M | 0.20% | 20,704 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $1.4M | 0.20% | 65,128 | Common | SOLE |
| 980745103 | WWD | WOODWARD INC | $1.4M | 0.19% | 5,706 | Common | SOLE |
| N07059210 | ASML | ASML HOLDING N V | $1.3M | 0.17% | 1,601 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $1.2M | 0.16% | 10,862 | Common | SOLE |
| 803054204 | SAP | SAP SE | $1.2M | 0.16% | 3,832 | Common | SOLE |
| 444859102 | HUM | HUMANA INC | $1.1M | 0.16% | 4,645 | Common | SOLE |
| G0403H108 | AON | AON PLC | $985,728 | 0.13% | 2,763 | Common | SOLE |
| 518439104 | EL | LAUDER ESTEE COS INC | $926,049 | 0.13% | 11,461 | Common | SOLE |
| 530307305 | LBRDK | LIBERTY BROADBAND CORP | $855,414 | 0.12% | 8,695 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $734,889 | 0.10% | 3,715 | Common | SOLE |
| 82846H405 | QXO | QXO INC | $732,360 | 0.10% | 34,000 | Common | SOLE |
| 036752103 | ELV | ELEVANCE HEALTH INC | $705,573 | 0.10% | 1,814 | Common | SOLE |
| 013872106 | AA | ALCOA CORP | $578,426 | 0.08% | 19,601 | Common | SOLE |
| 43300A203 | HLT | HILTON WORLDWIDE HLDGS INC | $575,827 | 0.08% | 2,162 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $525,908 | 0.07% | 6,564 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $524,620 | 0.07% | 950 | Common | SOLE |
| 69370C100 | PTC | PTC INC | $521,673 | 0.07% | 3,027 | Common | SOLE |
| 53814X102 | LIVXEUR | LIVEONE INC | $518,824 | 0.07% | 687,275 | Common | SOLE |
| 461202103 | INTU | INTUIT | $512,747 | 0.07% | 651 | Common | SOLE |
| 464287200 | IVV | ISHARES TR | $368,815 | 0.05% | 594 | Common | SOLE |
| 464287614 | IWF | ISHARES TR | $340,430 | 0.05% | 802 | Common | SOLE |
| 02157E106 | ALTI | ALTI GLOBAL INC | $322,941 | 0.04% | 77,817 | Common | SOLE |
| 464287598 | IWD | ISHARES TR | $280,155 | 0.04% | 1,442 | Common | SOLE |
| 22275C105 | PODC | PODCASTONE INC | $256,506 | 0.03% | 105,876 | Common | SOLE |
| 573284106 | MLM | MARTIN MARIETTA MATLS INC | $238,249 | 0.03% | 434 | Common | SOLE |
| 929160109 | VMC | VULCAN MATLS CO | $225,088 | 0.03% | 863 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $215,038 | 0.03% | 1,361 | Common | SOLE |
| 003057106 | ACP | ABRDN INCOME CREDIT STRATEGI | $162,250 | 0.02% | 27,500 | Common | SOLE |
| 63008G203 | NNDM | NANO DIMENSION LTD | $81,000 | 0.01% | 50,000 | Common | SOLE |
| 03945R110 | ACHR/WS | ARCHER AVIATION INC | $50,010 | 0.01% | 15,483 | 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.