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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 1 of 2  ·  23 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 BA BOEING CO Industrials 7,152.0 $1.6M 0.30% NEW $217.12 +0.4%
2 UNILEVER PLC 17,621.0 $1.2M 0.23% NEW $65.40
3 PGR PROGRESSIVE CORP Financial Services 4,737.0 $1.1M 0.21% NEW $227.72 -11.5%
4 BDX BECTON DICKINSON & CO Healthcare 4,684.0 $909K 0.18% NEW $194.07 -25.4%
5 SEM SELECT MED HLDGS CORP Healthcare 45,000.0 $668K 0.13% NEW $14.85 +11.2%
6 SLG SL GREEN RLTY CORP Real Estate 13,628.0 $625K 0.12% NEW $45.87 -11.5%
7 MYFW FIRST WESTN FINL INC Financial Services 21,000.0 $563K 0.11% NEW $26.81 +4.2%
8 HUT 8 CORP 12,000.0 $551K 0.11% NEW $45.94
9 PSLV SPROTT ASSET MANAGEMENT LP Financial Services 21,920.0 $518K 0.10% NEW $23.65 +2.3%
10 GDXJ VANECK ETF TRUST 2,509.0 $285K 0.06% NEW $113.78 -2.8%
11 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 825.0 $251K 0.05% NEW $304.69 +30.7%
12 CAH CARDINAL HEALTH INC Healthcare 1,065.0 $219K 0.04% NEW $205.50 -3.2%
13 NUE NUCOR CORP Basic Materials 1,321.0 $216K 0.04% NEW $163.67 +36.2%
14 BERKSHIRE HATHAWAY INC DEL 423.0 $213K 0.04% NEW $502.65
15 INDA ISHARES TR 3,915.0 $212K 0.04% NEW $54.05 -12.2%
16 RSG REPUBLIC SVCS INC Industrials 956.0 $203K 0.04% NEW $211.93 +0.2%
17 MMU WESTERN ASSET MANAGED MUNS F Financial Services 13,513.0 $141K 0.03% NEW $10.44 -3.9%
18 MUC BLACKROCK MUNIHLDNGS CALI QL Financial Services 13,206.0 $140K 0.03% NEW $10.60 -0.5%
19 GBDC GOLUB CAP BDC INC Financial Services 10,300.0 $140K 0.03% NEW $13.57 -5.6%
20 MUJ BLACKROCK MUNIHLDGS NJ QLTY Financial Services 11,741.0 $140K 0.03% NEW $11.90 +1.1%
Page 1 of 2  ·  23 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%