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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  ·  49 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 QUAL ISHARES TR 1,371.0 $272K 0.05% -35.0 -2.5% $198.62 +5.6%
42 DHR DANAHER CORPORATION Healthcare 1,149.0 $263K 0.05% -206.0 -15.2% $229.24 -28.2%
43 KCCA KRANESHARES TRUST 15,540.0 $261K 0.05% -164K -91.3% $16.81 -7.8%
44 CNX CNX RES CORP Energy 7,077.0 $260K 0.05% -5K -40.0% $36.77 +1.8%
45 MSCI MSCI INC Financial Services 429.0 $246K 0.05% -207.0 -32.5% $573.73 -0.4%
46 ARMK ARAMARK Industrials 6,655.0 $245K 0.05% -21K -75.9% $36.86 +41.2%
47 ALIT ALIGHT INC Technology 110,000.0 $214K 0.04% -150K -57.7% $1.95 -59.3%
48 DEO DIAGEO PLC Consumer Defensive 2,436.0 $210K 0.04% -380.0 -13.5% $86.27 -2.6%
49 PML PIMCO MUN INCOME FD II Financial Services 18,185.0 $138K 0.03% -3K -12.4% $7.58 -3.6%
Page 3 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%