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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 6 of 8  ·  157 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 CRH PLC 2,725.0 $340K 0.07% +467.0 +20.7% $124.80
102 BN BROOKFIELD CORP Financial Services 7,377.0 $339K 0.07% +2K +50.0% $45.89 -1.2%
103 TRU TRANSUNION Industrials 3,946.0 $338K 0.07% +254.0 +6.9% $85.75 -22.9%
104 TSLA TESLA INC Consumer Cyclical 747.0 $336K 0.07% +73.0 +10.8% $449.72 -10.1%
105 IVE ISHARES TR 1,568.0 $333K 0.07% +27.0 +1.8% $212.07 +6.5%
106 UNH UNITEDHEALTH GROUP INC Healthcare 989.0 $326K 0.06% +258.0 +35.3% $330.11 +17.9%
107 MCK MCKESSON CORP Healthcare 397.0 $326K 0.06% -164.0 -29.2% $821.33 -7.2%
108 HWM HOWMET AEROSPACE INC Industrials 1,477.0 $303K 0.06% -147.0 -9.1% $205.02 +23.5%
109 AEE AMEREN CORP Utilities 2,919.0 $291K 0.06% +16.0 +0.6% $99.86 +8.8%
110 COP CONOCOPHILLIPS Energy 3,072.0 $288K 0.06% +36.0 +1.2% $93.61 +33.0%
111 IBIT ISHARES BITCOIN TRUST ETF Financial Services 5,767.0 $286K 0.06% +274.0 +5.0% $49.65 -11.4%
112 GDXJ VANECK ETF TRUST 2,509.0 $285K 0.06% NEW $113.78 -0.4%
113 TMO THERMO FISHER SCIENTIFIC INC Healthcare 482.0 $280K 0.05% -162.0 -25.2% $579.88 -22.8%
114 CENCORA INC 818.0 $276K 0.05% -369.0 -31.1% $337.75
115 QUAL ISHARES TR 1,371.0 $272K 0.05% -35.0 -2.5% $198.62 +6.9%
116 NOW SERVICENOW INC Technology 1,755.0 $269K 0.05% +1K +407.2% $153.19 -33.5%
117 DHR DANAHER CORPORATION Healthcare 1,149.0 $263K 0.05% -206.0 -15.2% $229.24 -27.1%
118 KCCA KRANESHARES TRUST 15,540.0 $261K 0.05% -164K -91.3% $16.81 -7.0%
119 CNX CNX RES CORP Energy 7,077.0 $260K 0.05% -5K -40.0% $36.77 +1.6%
120 HLT HILTON WORLDWIDE HLDGS INC Consumer Cyclical 893.0 $257K 0.05% $287.25 +9.8%
Page 6 of 8  ·  157 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%