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Permanens Capital Portfolio holdings
AUM
$972M
1-Year Est. Return
27.73%
This Fund
S&P 500
This Quarter
Est. Return
+6.95%
1 Year Est. Return
+27.73%
3 Year Est. Return
+76.92%
5 Year Est. Return
+81.54%
10 Year Est. Return
+277.71%
AUM
$972M
AUM Growth
+$196M
(+25%)
Cap. Flow
+$174M
Cap. Flow
% of AUM
17.87%
Top 10 Holdings %
Top 10 Hldgs %
67.55%
Holding
124
New
36
Increased
47
Reduced
12
Closed
24
Avg Time Held
4.4
quarters
Top 10 Avg Time Held
11.3
quarters
Top 20 Avg Time Held
7.6
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$72.3M |
| 2 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$33.6M |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$27M |
| 4 |
Pershing Square USA
PSUS
|
+$24M |
| 5 |
WisdomTree Japan Hedged Equity Fund
DXJ
|
+$17.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Gold Trust
IAU
|
+$87.2M |
| 2 |
iShares 3-7 Year Treasury Bond ETF
IEI
|
+$30.6M |
| 3 |
Baker Hughes
BKR
|
+$10.7M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$8.94M |
| 5 |
BlackRock ETF Trust II iShares High Yield Active ETF
BRHY
|
+$7.81M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 82.62% |
| 2 | Technology | 4.45% |
| 3 | Financials | 3.32% |
| 4 | Energy | 2.14% |
| 5 | Communication Services | 2.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Tesla
TSLA
$1.49T
| $397K | 0.04% |
+944
| New | +$375K |
2026 Q2
0 quarters
|
|
77
Advanced Micro Devices
AMD
$970B
| $383K | 0.04% |
+660
| New | +$271K |
2026 Q2
0 quarters
|
|
78
Pershing Square
PS
$21.7B
| $381K | 0.04% |
+11,603
| New | +$422K |
2026 Q2
0 quarters
|
|
79
Eli Lilly
LLY
$1.05T
| $379K | 0.04% |
+316
| New | +$323K |
2026 Q2
0 quarters
|
|
80
AstraZeneca
AZN
$246B
| $342K | 0.04% |
+1,802
| New | +$339K |
2026 Q2
0 quarters
|
|
81
Novartis
NVS
$273B
| $333K | 0.03% |
+2,125
| New | +$319K |
2026 Q2
0 quarters
|
|
82
Philip Morris
PM
$315B
| $331K | 0.03% |
+1,814
| New | +$315K |
2026 Q2
0 quarters
|
|
83
Lam Research
LRCX
$387B
| $306K | 0.03% |
+706
| New | +$214K |
2026 Q2
0 quarters
|
|
84
Sea Limited
SE
$58.7B
| $271K | 0.03% |
+2,826
| New | +$248K |
2026 Q2
0 quarters
|
|
85
UBS Group
UBS
$146B
| $268K | 0.03% |
+5,399
| New | +$246K |
2026 Q2
0 quarters
|
|
86
DELISTED
Liberty Broadband Class C
LBRDK
| $252K | 0.03% |
7,576
| – | – |
2025 Q4
2 quarters
|
|
87
Charter Communications
CHTR
$11.7B
| $243K | 0.03% |
+1,706
| New | +$285K |
2026 Q2
0 quarters
|
|
88
HSBC
HSBC
$323B
| $240K | 0.02% |
+2,526
| New | +$231K |
2026 Q2
0 quarters
|
|
89
Royal Bank of Canada
RY
$267B
| $225K | 0.02% |
+1,087
| New | +$202K |
2026 Q2
0 quarters
|
|
90
Canadian Pacific Kansas City
CP
$75.2B
| $221K | 0.02% |
+2,546
| New | +$218K |
2026 Q2
0 quarters
|
|
91
iShares Russell 2000 ETF
IWM
$78.3B
| $220K | 0.02% |
732
-183
| -20% | -$51.4K |
2026 Q1
1 quarter
|
|
92
KLA
KLAC
$248B
| $211K | 0.02% |
+700
| New | +$139K |
2026 Q2
0 quarters
|
|
93
American Express
AXP
$210B
| $206K | 0.02% |
+608
| New | +$195K |
2026 Q2
0 quarters
|
|
94
British American Tobacco
BTI
$120B
| $201K | 0.02% |
+3,258
| New | +$197K |
2026 Q2
0 quarters
|
|
95
Lloyds Banking Group
LYG
$78.3B
| $170K | 0.02% |
+29,174
| New | +$158K |
2026 Q2
0 quarters
|
|
96
Banco Santander
SAN
$195B
| $158K | 0.02% |
+11,448
| New | +$142K |
2026 Q2
0 quarters
|
|
97
Nu Holdings
NU
$77.3B
| $148K | 0.02% |
+11,089
| New | +$149K |
2026 Q2
0 quarters
|
|
98
Opendoor
OPEN
$2.03B
| $46.2K | ﹤0.01% |
10,000
| – | – |
2025 Q4
2 quarters
|
|
99
PodcastOne
PODC
$63.2M
| $44.7K | ﹤0.01% |
10,000
-125,238
| -93% | -$448K |
2025 Q2
4 quarters
|
|
|
CANG
100
Cango Inc
CANG
$124M
| $3.07K | ﹤0.01% |
1,500
-18,141
| -92% | -$74.9K |
2026 Q1
1 quarter
|
|
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Permanens Capital's Q2 2026 Portfolio in Review
As of Q2 2026, Permanens Capital held 124 positions worth $972M, up 25% from $776M the previous quarter. Its ten largest holdings account for 68% of the portfolio.
Permanens Capital deployed $174M of net new capital in Q2 2026, opening 36 new positions and adding to 47 existing holdings. Its largest new stake was Pershing Square USA: 601,320 shares worth $22.5M.
By sector, the portfolio is most concentrated in Miscellaneous at 83% of assets, up from 82% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares Gold Trust, an estimated $87.2M trimmed.
- Permanens Capital's largest Q2 2026 buy was Pershing Square USA: 601,320 shares worth $22.5M.
- Permanens Capital added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q2 2026, an estimated $72.3M increase.
- Permanens Capital's biggest Q2 2026 reduction was iShares Gold Trust, cutting an estimated $87.2M.
- Permanens Capital fully exited iShares 3-7 Year Treasury Bond ETF in Q2 2026, selling an estimated $30.6M.
- Permanens Capital's ten largest holdings make up 68% of its $972M portfolio in Q2 2026.
- Permanens Capital opened 36 new positions and closed 24 in Q2 2026.
- Permanens Capital's portfolio value rose 25% quarter-over-quarter to $972M.
Based on Permanens Capital's 13F filing for Q2 2026, filed 14 Aug 2026.