# Permanens Capital L.P.: Form 13F holdings

An institutional investment manager in NEW YORK, NY. SEC CIK 1599637.

- Quarter ended: 2026-06-30
- Filed: 2026-08-14
- Reported value: $972.4m
- Positions: 100 (100 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1599637/000149315226038314/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| SPDR SERIES TRUST | ST STR BLO 1 ETF | $162.9m | 16.8% | 1,777,681 |  | Added +789,899 |
| VANGUARD INDEX FDS | VALUE ETF | $158.8m | 16.3% | 728,513 |  | Added +129,286 |
| VANGUARD INDEX FDS | GROWTH ETF | $71.1m | 7.3% | 825,415 |  | Added +710,600 |
| [ISHARES GOLD TR (IAU)](/companies/iau.md) | ISHARES NEW | $64.8m | 6.7% | 858,088 |  | Reduced −1,027,378 |
| BLACKROCK ETF TRUST II | ISHA SECU IN ETF | $55.0m | 5.7% | 1,103,409 |  | Added +281,056 |
| INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | $42.2m | 4.3% | 198,353 |  | Added +164,353 |
| J P MORGAN EXCHANGE TRADED F | BETA EURO ET NE | $29.2m | 3.0% | 376,103 |  | Added +169,521 |
| LAZARD ACTIVE ETF TR | JAPANESE EQUITY | $25.4m | 2.6% | 695,196 |  | Added +98,945 |
| SCHWAB STRATEGIC TR | 5 10YR CORP BD | $24.9m | 2.6% | 1,099,967 |  | Reduced −249,975 |
| [PERSHING SQUARE USA LTD (PSUS)](/companies/psus.md) | COM SHS | $22.5m | 2.3% | 601,320 |  | New +601,320 |
| WISDOMTREE TR | JAPN HEDGE EQT | $21.8m | 2.2% | 125,863 |  | Added +101,949 |
| PRINCIPAL EXCHANGE TRADED FD | SPECTRUM PFD | $21.1m | 2.2% | 1,104,859 |  | Added +257,715 |
| [CAMECO CORP (CCJ)](/companies/ccj.md) | COM | $17.5m | 1.8% | 171,804 |  | Added +2,542 |
| EA SERIES TRUST | FREEDOM 100 EM | $16.0m | 1.6% | 219,058 |  | Added +210,414 |
| [MICROSOFT CORP (MSFT)](/companies/msft.md) | COM | $13.6m | 1.4% | 36,373 |  | Added +5,227 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL A | $12.2m | 1.3% | 34,113 |  | Added +28,003 |
| [HOWARD HUGHES HOLDINGS INC (HHH)](/companies/hhh.md) | COM | $12.1m | 1.2% | 169,075 |  | New +169,075 |
| [MITSUBISHI UFJ FINANCIAL GRO (MUFG)](/companies/mufg.md) | SPONSORED ADS | $11.5m | 1.2% | 574,236 |  | Reduced −1,408 |
| 2023 ETF SERIES TRUST | EAGL CAP SEL ETF | $11.5m | 1.2% | 356,498 |  | Added +57,361 |
| [JPMORGAN CHASE & CO (JPM)](/companies/jpm.md) | COM | $11.4m | 1.2% | 34,689 |  | Added +625 |
| ISHARES TR | RUS 1000 GRW ETF | $10.9m | 1.1% | 87,760 |  | Added +87,060 |
| ISHARES TR | CORE MSCI EAFE | $10.7m | 1.1% | 111,184 |  | Added +100,590 |
| [ISHARES GOLD TRUST MICRO (IAUM)](/companies/iaum.md) | SHS REPSTG UN TR | $10.6m | 1.1% | 265,651 |  | Unchanged |
| [WALMART INC (WMT)](/companies/wmt.md) | COM | $10.4m | 1.1% | 91,844 |  | Added +5,156 |
| [NOKIA CORP (NOK)](/companies/nok.md) | SPONSORED ADR | $10.0m | 1.0% | 753,841 |  | New +753,841 |
| [ULTA BEAUTY INC (ULTA)](/companies/ulta.md) | COM | $8.9m | 0.9% | 19,827 |  | Added +1,243 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | $8.8m | 0.9% | 432,210 |  | Added +48,841 |
| ISHARES TR | CORE S&P500 ETF | $7.4m | 0.8% | 9,880 |  | Added +9,241 |
| [AMAZON COM INC (AMZN)](/companies/amzn.md) | COM | $5.1m | 0.5% | 21,215 |  | Added +2,721 |
| ISHARES TR | RUS 1000 VAL ETF | $4.9m | 0.5% | 20,400 |  | Added +18,783 |
| [SPDR S&P 500 ETF (SPY)](/companies/spy.md) | ETF | $4.5m | 0.5% | 6,043 |  | Reduced −190 |
| [TAIWAN SEMICONDUCTOR MANUFAC (TSM)](/companies/tsm.md) | SPONSORED ADS | $4.4m | 0.4% | 9,114 |  | Added +3,840 |
| ISHARES TR | GLB INFRASTR ETF | $3.3m | 0.3% | 49,160 |  | New +49,160 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | $3.2m | 0.3% | 20,200 |  | New +20,200 |
| [APPLE INC (AAPL)](/companies/aapl.md) | COM | $3.1m | 0.3% | 10,603 |  | Added +4,800 |
| [MICROSOFT CORP (MA)](/companies/ma.md) | COM | $2.8m | 0.3% | 5,463 |  | Added +2,252 |
| [MERCADOLIBRE INC (MELI)](/companies/meli.md) | COM | $2.8m | 0.3% | 1,630 |  | Added +673 |
| [UNITEDHEALTH GROUP INC (UNH)](/companies/unh.md) | COM | $2.6m | 0.3% | 6,297 |  | Added +212 |
| [META PLATFORMS INC (META)](/companies/meta.md) | CL A | $2.5m | 0.3% | 4,522 |  | Added +672 |
| ISHARES TR | MSCI EAFE ETF | $2.4m | 0.2% | 23,150 |  | New +23,150 |
| [ALPHABET INC (GOOGL)](/companies/googl.md) | CAP STK CL C | $2.4m | 0.2% | 6,693 |  | Added +1,189 |
| STATE STR SPDR S&P 500 ETF T | TR UNIT | $2.3m | 0.2% | 34,000 |  | New +34,000 |
| ProShares Ultra QQQ ETF | ETF | $2.0m | 0.2% | 20,750 |  | Unchanged |
| [NETFLIX INC. (NFLX)](/companies/nflx.md) | COM | $2.0m | 0.2% | 28,088 |  | Reduced −3,692 |
| [CONOCOPHILLIPS (COP)](/companies/cop.md) | COM | $1.9m | 0.2% | 18,548 |  | Reduced −521 |
| [DANAHER CORP DEL (DHR)](/companies/dhr.md) | COM | $1.9m | 0.2% | 9,994 |  | Added +3,104 |
| [NVIDIA CORPORATION (NVDA)](/companies/nvda.md) | COM | $1.7m | 0.2% | 8,647 |  | Added +6,571 |
| [S&P GLOBAL INC (SPGI)](/companies/spgi.md) | COM | $1.7m | 0.2% | 4,190 |  | Added +2,939 |
| ASML HLDG NV | N Y REGISTRY SHS | $1.6m | 0.2% | 823 |  | Added +330 |
| [HUMANA INC (HUM)](/companies/hum.md) | COM | $1.5m | 0.2% | 3,884 |  | Added +1,071 |
| [SAP SE (SAP)](/companies/sap.md) | SPON ADR | $1.5m | 0.2% | 9,855 |  | Added +1,361 |
| [WORKDAY INC (WDAY)](/companies/wday.md) | CL A | $1.4m | 0.1% | 11,744 |  | Added +2,918 |
| [BROADCOM INC (AVGO)](/companies/avgo.md) | COM | $1.4m | 0.1% | 3,634 |  | New +3,634 |
| [CAPITAL ONE FINL CORP (COF)](/companies/cof.md) | COM | $1.3m | 0.1% | 6,708 |  | Added +161 |
| [SHOPIFY INC (SHOP)](/companies/shop.md) | CL A SUB VTG SHS | $1.3m | 0.1% | 11,748 |  | Added +1,718 |
| [GALLAGHER ARTHUR J & CO (AJG)](/companies/ajg.md) | COM | $1.2m | 0.1% | 5,056 |  | Added +2,151 |
| [STUBHUB HLDGS INC (STUB)](/companies/stub.md) | CL A | $1.0m | 0.1% | 80,562 |  | New +80,562 |
| NOMURA ETF TR | FOCU EM MKTS ETF | $1.0m | 0.1% | 14,086 |  | Added +3,851 |
| [LENNAR CORP (LEN)](/companies/len.md) | CL A | $998.9k | 0.1% | 11,039 |  | Added +50 |
| [MICRON TECHNOLOGY INC (MU)](/companies/mu.md) | COM | $923.4k | <0.1% | 800 |  | New +800 |
| VANGUARD INDEX FDS | TOTAL STK MKT | $902.5k | <0.1% | 2,439 |  | New +2,439 |
| INVESCO QQQ TR | UNIT SER 1 | $884.0k | <0.1% | 1,199 |  | Reduced −1,005 |
| [EQT CORP (EQT)](/companies/eqt.md) | COM | $867.7k | <0.1% | 16,320 |  | Added +12,381 |
| [INTUIT (INTU)](/companies/intu.md) | COM | $813.3k | <0.1% | 3,116 |  | Added +865 |
| ISHARES TR | CORE S&P SCP ETF | $741.5k | <0.1% | 5,000 |  | New +5,000 |
| [LAUDER ESTEE COS INC (EL)](/companies/el.md) | CL A | $733.1k | <0.1% | 9,285 |  | Added +639 |
| KRANESHARES TRUST | CSI CHI INTERNET | $680.1k | <0.1% | 27,792 |  | Unchanged |
| [ALCOA CORP (AA)](/companies/aa.md) | COM | $669.1k | <0.1% | 12,832 |  | Reduced −1,337 |
| [CATERPILLAR INC (CAT)](/companies/cat.md) | COM | $668.8k | <0.1% | 628 |  | New +628 |
| [BERKSHIRE HATHAWAY INC DEL (BRK-B)](/companies/brk-b.md) | CL B NEW | $617.0k | <0.1% | 1,233 |  | Reduced −18,587 |
| [ELEVANCE HEALTH INC FORMERLY (ELV)](/companies/elv.md) | COM | $604.1k | <0.1% | 1,562 |  | Added +83 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | $555.3k | <0.1% | 575 |  | New +575 |
| FLEXSHARES TR | MORNSTAR UPSTR | $551.9k | <0.1% | 11,200 |  | New +11,200 |
| [BP PLC (BP)](/companies/bp.md) | SPONSORED ADR | $522.5k | <0.1% | 14,140 |  | Added +1,874 |
| EATON CORP PLC | SHS | $455.5k | <0.1% | 1,069 |  | New +1,069 |
| [TESLA INC (TSLA)](/companies/tsla.md) | COM | $397.0k | <0.1% | 944 |  | New +944 |
| [ADVANCED MICRO DEVICES INC (AMD)](/companies/amd.md) | COM | $383.4k | <0.1% | 660 |  | New +660 |
| [PERSHING SQUARE INC (PS)](/companies/ps.md) | COMMON STOCK | $381.3k | <0.1% | 11,603 |  | New +11,603 |
| [ELI LILLY & CO (LLY)](/companies/lly.md) | COM | $379.0k | <0.1% | 316 |  | New +316 |
| Astrazeneca PLC | ORD | $341.7k | <0.1% | 1,802 |  | New +1,802 |
| [NOVARTIS AG (NVS)](/companies/nvs.md) | SPONSORED ADR | $333.0k | <0.1% | 2,125 |  | New +2,125 |
| [PHILIP MORRIS INTL INC (PM)](/companies/pm.md) | COM | $330.8k | <0.1% | 1,814 |  | New +1,814 |
| [LAM RESEARCH CORP (LRCX)](/companies/lrcx.md) | COM NEW | $306.1k | <0.1% | 706 |  | New +706 |
| [SEA LTD (SE)](/companies/se.md) | SPONSORED ADS | $270.8k | <0.1% | 2,826 |  | New +2,826 |
| UBS GGROUP AG | SHS | $267.6k | <0.1% | 5,399 |  | New +5,399 |
| LIBERTY BROADBAND CORP | COM SER C | $252.0k | <0.1% | 7,576 |  | Unchanged |
| [CHARTER COMMUNICATIONS INC (CHTR)](/companies/chtr.md) | CL A | $242.6k | <0.1% | 1,706 |  | New +1,706 |
| [HSBC HLDGS PLC (HSBC)](/companies/hsbc.md) | SPON ADR NEW | $240.2k | <0.1% | 2,526 |  | New +2,526 |
| [ROYAL BK CDA (RY)](/companies/ry.md) | COM | $225.0k | <0.1% | 1,087 |  | New +1,087 |
| [CANADIAN PACIFIC KANSAS CITY (CP)](/companies/cp.md) | COM | $221.1k | <0.1% | 2,546 |  | New +2,546 |
| ISHARES TR | RUSSELL 2000 ETF | $220.1k | <0.1% | 732 |  | Reduced −183 |
| [KLA CORP (KLAC)](/companies/klac.md) | COM NEW | $211.2k | <0.1% | 700 |  | New +700 |
| [AMERICAN EXPRESS CO (AXP)](/companies/axp.md) | COM | $205.7k | <0.1% | 608 |  | New +608 |
| [BRITISH AMERN TOB PLC (BTI)](/companies/bti.md) | SPONSORED ADR | $201.2k | <0.1% | 3,258 |  | New +3,258 |
| [LLOYDS BANKING GROUP PLC (LYG)](/companies/lyg.md) | SPONSORED ADR | $170.1k | <0.1% | 29,174 |  | New +29,174 |
| [BANCO SANTANDER SA (SAN)](/companies/san.md) | ADR | $158.0k | <0.1% | 11,448 |  | New +11,448 |
| NU HLDGS LTD | ORD SHS CL A | $148.1k | <0.1% | 11,089 |  | New +11,089 |
| [OPENDOOR TECHNOLOGIES INC (OPEN)](/companies/open.md) | COM | $46.2k | <0.1% | 10,000 |  | Unchanged |
| [PODCASTONE INC (PODC)](/companies/podc.md) | COM | $44.7k | <0.1% | 10,000 |  | Reduced −125,238 |
| CANGO INC | ORD CL A | $3.1k | <0.1% | 15,000 |  | Reduced −181,412 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [ABRDN INCOME CREDIT STRATEGI (ACP)](/companies/acp.md) | COM | $0 | 0.0% | 0 |  | Sold out −60,550 |
| AERCAP HOLDINGS NV | SHS | $0 | 0.0% | 0 |  | Sold out −7,002 |
| [ALTI GLOBAL INC (ALTI)](/companies/alti.md) | CL A | $0 | 0.0% | 0 |  | Sold out −82,581 |
| [ARES CAPITAL CORP (ARCC)](/companies/arcc.md) | COM | $0 | 0.0% | 0 |  | Sold out −65,544 |
| [BAKER HUGHES COMPANY (BKR)](/companies/bkr.md) | CL A | $0 | 0.0% | 0 |  | Sold out −174,553 |
| [BANK AMERICA CORP (BAC)](/companies/bac.md) | COM | $0 | 0.0% | 0 |  | Sold out −4,149 |
| [BGC GROUP INC (BGC)](/companies/bgc.md) | CL A | $0 | 0.0% | 0 |  | Sold out −170,000 |
| BLACKROCK ETF TRUST II | ISHARES HIGH YIE | $0 | 0.0% | 0 |  | Sold out −154,756 |
| [BLACKROCK TCP CAPITAL CORP (TCPC)](/companies/tcpc.md) | COM | $0 | 0.0% | 0 |  | Sold out −21,406 |
| [BLACKSTONE SECD LENDING FD (BXSL)](/companies/bxsl.md) | COMMON STOCK | $0 | 0.0% | 0 |  | Sold out −15,375 |
| [BRT APARTMENTS CORP (BRT)](/companies/brt.md) | COM | $0 | 0.0% | 0 |  | Sold out −201,265 |
| [COMCAST CORP NEW (CMCSA)](/companies/cmcsa.md) | CL A | $0 | 0.0% | 0 |  | Sold out −37,901 |
| [CRESCENT CAP BDC INC (CCAP)](/companies/ccap.md) | COM | $0 | 0.0% | 0 |  | Sold out −10,000 |
| [ELLINGTON FINANCIAL INC (EFC)](/companies/efc.md) | COM | $0 | 0.0% | 0 |  | Sold out −22,298 |
| [FS KKR CAP CORP (FSK)](/companies/fsk.md) | COM | $0 | 0.0% | 0 |  | Sold out −12,058 |
| ISHARES TR | 3 7 YR TREAS BD | $0 | 0.0% | 0 |  | Sold out −257,944 |
| [LIVEONE INC (LVO)](/companies/lvo.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −78,823 |
| [MIDCAP FINANCIAL INVSTMNT CO (MFIC)](/companies/mfic.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −11,029 |
| [PROSPECT CAP CORP (PSEC)](/companies/psec.md) | COM | $0 | 0.0% | 0 |  | Sold out −66,180 |
| [QXO INC (QXO)](/companies/qxo.md) | COM NEW | $0 | 0.0% | 0 |  | Sold out −50,000 |
| [READY CAPITAL CORP (RC)](/companies/rc.md) | COM | $0 | 0.0% | 0 |  | Sold out −65,000 |
| [SHELL PLC (SHEL)](/companies/shel.md) | SPON ADS | $0 | 0.0% | 0 |  | Sold out −6,013 |
| [SPDR GOLD TR (GLD)](/companies/gld.md) | GOLD SHS | $0 | 0.0% | 0 |  | Sold out −1,049 |
| [WOODWARD INC (WWD)](/companies/wwd.md) | COM | $0 | 0.0% | 0 |  | Sold out −2,457 |

Source: SEC EDGAR, Form 13F-HR, accession 0001493152-26-038314. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.