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Portfolio (Quarterly) Guide ↗

Permanent Capital Management, LP

· CIK 0002054108
13F Portfolio $513M AUM 157 positions Filed Jan 7, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 23 New 46 Added 49 Reduced 17 Exited
Page 2 of 3  ·  46 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 VGSH VANGUARD SCOTTSDALE FDS 11,691.0 $687K 0.13% +149.0 +1.3% $58.73 -1.0%
22 NEE NEXTERA ENERGY INC Utilities 7,708.0 $619K 0.12% +596.0 +8.4% $80.28 +12.7%
23 RDDT REDDIT INC Communication Services 2,390.0 $549K 0.11% +140.0 +6.2% $229.87 -36.0%
24 OWL BLUE OWL CAPITAL INC Financial Services 35,518.0 $531K 0.10% +10K +41.2% $14.94 -37.2%
25 MCD MCDONALDS CORP Consumer Cyclical 1,504.0 $460K 0.09% +120.0 +8.7% $305.69 -9.1%
26 BSX BOSTON SCIENTIFIC CORP Healthcare 4,608.0 $439K 0.09% +1K +34.3% $95.35 -41.9%
27 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 2,594.0 $420K 0.08% +16.0 +0.6% $161.96 -5.8%
28 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 1,596.0 $409K 0.08% +577.0 +56.6% $256.03 -8.4%
29 SPOT SPOTIFY TECHNOLOGY S A Communication Services 649.0 $377K 0.07% +75.0 +13.1% $580.71 -25.2%
30 ISRG INTUITIVE SURGICAL INC Healthcare 623.0 $353K 0.07% +9.0 +1.5% $566.36 -23.1%
31 CRH PLC 2,725.0 $340K 0.07% +467.0 +20.7% $124.80
32 BN BROOKFIELD CORP Financial Services 7,377.0 $339K 0.07% +2K +50.0% $45.89 -3.7%
33 TRU TRANSUNION Industrials 3,946.0 $338K 0.07% +254.0 +6.9% $85.75 -23.8%
34 TSLA TESLA INC Consumer Cyclical 747.0 $336K 0.07% +73.0 +10.8% $449.72 -9.0%
35 IVE ISHARES TR 1,568.0 $333K 0.07% +27.0 +1.8% $212.07 +5.7%
36 UNH UNITEDHEALTH GROUP INC Healthcare 989.0 $326K 0.06% +258.0 +35.3% $330.11 +17.9%
37 AEE AMEREN CORP Utilities 2,919.0 $291K 0.06% +16.0 +0.6% $99.86 +9.6%
38 COP CONOCOPHILLIPS Energy 3,072.0 $288K 0.06% +36.0 +1.2% $93.61 +34.1%
39 IBIT ISHARES BITCOIN TRUST ETF Financial Services 5,767.0 $286K 0.06% +274.0 +5.0% $49.65 -12.0%
40 NOW SERVICENOW INC Technology 1,755.0 $269K 0.05% +1K +407.2% $153.19 -36.3%
Page 2 of 3  ·  46 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 37.2%
Financial Services 23.1%
Industrials 8.5%
Consumer Cyclical 7.5%
Communication Services 6.4%
Healthcare 4.7%
Utilities 4.0%
Energy 3.5%
Consumer Defensive 2.7%
Basic Materials 1.6%