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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 3 of 3  ·  46 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 GLW CORNING INC Technology 2,925.0 $256K 0.05% +24.0 +0.8% $87.56 +105.5%
42 NOC NORTHROP GRUMMAN CORP Industrials 446.0 $254K 0.05% +4.0 +0.9% $570.21 -3.5%
43 SHW SHERWIN WILLIAMS CO Basic Materials 691.0 $224K 0.04% +4.0 +0.6% $324.03 -5.9%
44 FORTINET INC 2,594.0 $206K 0.04% +18.0 +0.7% $79.41
45 MHD BLACKROCK MUNIHOLDINGS FD IN Financial Services 12,038.0 $141K 0.03% +145.0 +1.2% $11.74 -3.6%
46 MQY BLACKROCK MUNIYILD QULT FD I Financial Services 12,343.0 $139K 0.03% +451.0 +3.8% $11.30 -2.2%
Page 3 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%