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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 3  ·  49 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 VGIT VANGUARD SCOTTSDALE FDS 590,480.0 $35.4M 6.89% -110K -15.8% $59.93 -2.4%
2 USFR WISDOMTREE TR 348,134.0 $17.5M 3.41% -70K -16.8% $50.32 +0.2%
3 VTI VANGUARD INDEX FDS 23,727.0 $8.0M 1.55% -1K -5.1% $335.27 +7.6%
4 VB VANGUARD INDEX FDS 26,423.0 $6.8M 1.33% -39K -59.5% $257.95 +8.1%
5 AUR AURORA INNOVATION INC Technology 1,340,223.0 $5.1M 1.00% -1.2M -46.3% $3.84 +78.0%
6 GLD SPDR GOLD TR Financial Services 9,803.0 $3.9M 0.76% -229.0 -2.3% $396.31 +4.0%
7 UBS UBS GROUP AG Financial Services 67,470.0 $3.1M 0.61% -2K -2.7% $46.31 -0.5%
8 SPY SPDR S&P 500 ETF TR Financial Services 4,185.0 $2.9M 0.56% -1K -23.7% $683.91 +7.5%
9 EXPAND ENERGY CORPORATION 23,845.0 $2.6M 0.51% -339.0 -1.4% $110.36
10 OI O-I GLASS INC Consumer Cyclical 141,546.0 $2.1M 0.41% -26K -15.4% $14.76 -39.0%
11 GOOG ALPHABET INC Communication Services 6,010.0 $1.9M 0.37% -387.0 -6.0% $313.80 +24.2%
12 IAC IAC INC Technology 42,322.0 $1.7M 0.32% -9K -16.7% $39.10 +2.7%
13 META META PLATFORMS INC Communication Services 2,169.0 $1.4M 0.28% -60.0 -2.7% $660.09 -9.0%
14 GM GENERAL MTRS CO Consumer Cyclical 15,091.0 $1.2M 0.24% -3K -16.5% $81.32 -9.6%
15 C CITIGROUP INC Financial Services 10,148.0 $1.2M 0.23% -2K -16.8% $116.69 +3.0%
16 JNJ JOHNSON & JOHNSON Healthcare 5,664.0 $1.2M 0.23% -132.0 -2.3% $206.95 +11.9%
17 JPM JPMORGAN CHASE & CO. Financial Services 3,327.0 $1.1M 0.21% -383.0 -10.3% $322.22 -8.8%
18 BP BP PLC Energy 27,993.0 $972K 0.19% -7K -21.1% $34.73 +32.8%
19 LIFE360 INC 14,328.0 $919K 0.18% -7K -33.5% $64.14
20 SPGI S&P GLOBAL INC Financial Services 1,667.0 $871K 0.17% -31.0 -1.8% $522.59 -22.5%
Page 1 of 3  ·  49 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%