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Portfolio (Quarterly) Guide ↗

Permanent Capital Management, LP

· CIK 0002054108
13F Portfolio $535M AUM Filed Oct 17, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 151 New
Page 3 of 8  ·  151 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 C CITIGROUP INC Financial Services 12,201.0 $1.2M 0.23% NEW $101.50 +18.8%
42 BP BP PLC Energy 35,490.0 $1.2M 0.23% NEW $34.46 +32.8%
43 JBS N.V. 81,797.0 $1.2M 0.23% NEW $14.93
44 AXS AXIS CAP HLDGS LTD Financial Services 12,355.0 $1.2M 0.22% NEW $96.24 +4.0%
45 UL UNILEVER PLC Consumer Defensive 19,841.0 $1.2M 0.22% NEW $59.28 -3.2%
46 JPM JPMORGAN CHASE & CO. Financial Services 3,710.0 $1.2M 0.22% NEW $315.43 -4.8%
47 BWXT BWX TECHNOLOGIES INC Industrials 6,300.0 $1.2M 0.22% NEW $184.37 +7.9%
48 IWM ISHARES TR 4,744.0 $1.1M 0.21% NEW $241.96 +12.5%
49 AVGO BROADCOM INC Technology 3,443.0 $1.1M 0.21% NEW $329.91 +24.9%
50 WMT WALMART INC Consumer Defensive 10,700.0 $1.1M 0.21% NEW $103.06 +28.8%
51 GM GENERAL MTRS CO Consumer Cyclical 18,067.0 $1.1M 0.21% NEW $60.97 +17.0%
52 MTN VAIL RESORTS INC Consumer Cyclical 7,296.0 $1.1M 0.20% NEW $149.57 -18.0%
53 JNJ JOHNSON & JOHNSON Healthcare 5,796.0 $1.1M 0.20% NEW $185.42 +23.5%
54 HZO MARINEMAX INC Consumer Cyclical 42,302.0 $1.1M 0.20% NEW $25.33 +24.9%
55 ARMK ARAMARK Industrials 27,651.0 $1.1M 0.20% NEW $38.40 +35.7%
56 AIG AMERICAN INTL GROUP INC Financial Services 12,826.0 $1.0M 0.19% NEW $78.54 -0.7%
57 XOM EXXON MOBIL CORP Energy 8,160.0 $920K 0.17% NEW $112.75 +41.7%
58 AURA AURA BIOSCIENCES INC Healthcare 147,769.0 $913K 0.17% NEW $6.18 +17.3%
59 CNNE CANNAE HLDGS INC Consumer Cyclical 49,000.0 $897K 0.17% NEW $18.31 -27.9%
60 V VISA INC Financial Services 2,568.0 $877K 0.16% NEW $341.38 -2.5%
Page 3 of 8  ·  151 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 42.6%
Financial Services 20.3%
Consumer Cyclical 8.3%
Industrials 7.3%
Communication Services 5.6%
Healthcare 4.0%
Energy 3.8%
Utilities 3.4%
Consumer Defensive 3.1%
Basic Materials 1.3%