Permanent Capital Management, LP
13F Reported Value
ⓘ$643.0M
Holdings
155
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
Permanent Capital Management, LP disclosed 155 positions worth $643.0M in its Form 13F-HR for Q1 2026, followed by $DOV. During the quarter the fund opened 25 new positions and exited 27 — including a new stake in $PLD and a full exit from $SEM. The portfolio is most concentrated in Other (57.1% of disclosed assets). All figures are sourced directly from Permanent Capital Management, LP’s Form 13F-HR filing with the SEC under CIK 2054108.
AI Fund Analysis
Concentrating
$MSFT
$NVDA
$AMZN
$AAPLSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
VANGUARD INDEX FDS
—Quality
$162.9M246,616 sh- 63.1#695
Quality
$97.3M643,393 sh ISHARES TR
—Quality
$64.2M647,425 shVANGUARD TAX-MANAGED FDS
—Quality
$46.0M668,654 shVANGUARD SCOTTSDALE FDS
—Quality
$35.3M595,838 sh- 83.7
Quality
$29.6M72,667 sh - —
Quality
$22.9M112,478 sh VANGUARD INTL EQUITY INDEX F
—Quality
$17.2M292,320 sh- 62.9
Quality
$13.8M274,856 sh ISHARES TR
—Quality
$8.3M54,862 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| VANGUARD INDEX FDS | — | $162.9M | 246,616 |
 DOVER Corp$DOV | 63.1#695 | $97.3M | 643,393 |
| ISHARES TR | — | $64.2M | 647,425 |
| VANGUARD TAX-MANAGED FDS | — | $46.0M | 668,654 |
| VANGUARD SCOTTSDALE FDS | — | $35.3M | 595,838 |
| MICROSOFT CORP$MSFT | 83.7 | $29.6M | 72,667 |
 Invesco Ltd.$IVZ | — | $22.9M | 112,478 |
| VANGUARD INTL EQUITY INDEX F | — | $17.2M | 292,320 |
 WisdomTree, Inc.$WT | 62.9 | $13.8M | 274,856 |
| ISHARES TR | — | $8.3M | 54,862 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Permanent Capital Management, LP's 155 positions.
Showing top 10 of 155 holdings.
Sector Allocation
Other
$367.2M
Industrials
$113.2M
Financials
$60.4M
Technology
$60.3M
Consumer Discretionary
$11.2M
Materials
$6.6M
Healthcare
$5.7M
Energy
$5.2M
Full Holdings — Permanent Capital Management, LP (Q1 2026)
All 155 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | — | VANGUARD INDEX FDS | $162.9M | 25.3% | +0% | — |
| 2 | $DOV | DOVER Corp | $97.3M | 15.1% | +4385% | 63.1 |
| 3 | — | ISHARES TR | $64.2M | 10.0% | +367% | — |
| 4 | — | VANGUARD TAX-MANAGED FDS | $46.0M | 7.2% | +0% | — |
| 5 | — | VANGUARD SCOTTSDALE FDS | $35.3M | 5.5% | +1% | — |
| 6 | $MSFT | MICROSOFT CORP | $29.6M | 4.6% | +1% | 83.7 |
| 7 | $IVZ | Invesco Ltd. | $22.9M | 3.6% | -48% | — |
| 8 | — | VANGUARD INTL EQUITY INDEX F | $17.2M | 2.7% | -0% | — |
| 9 | $WT | WisdomTree, Inc. | $13.8M | 2.1% | -21% | 62.9 |
| 10 | — | ISHARES TR | $8.3M | 1.3% | +0% | — |
| 11 |  $AUR | Aurora Innovation, Inc. | $7.9M | 1.2% | +0% | 9.8 |
| 12 | — | VANGUARD INDEX FDS | $7.7M | 1.2% | -9% | — |
| 13 | — | SPDR SERIES TRUST | $7.3M | 1.1% | +1% | — |
| 14 |  $CAT | CATERPILLAR INC | $5.0M | 0.8% | +1% | 67.8 |
| 15 | $NVDA | NVIDIA CORP | $4.6M | 0.7% | +1% | 90.2 |
| 16 | $AMZN | AMAZON COM INC | $4.4M | 0.7% | +20% | 74.6 |
| 17 | — | ISHARES TR | $4.2M | 0.7% | +300% | — |
| 18 | — | VANGUARD INDEX FDS | $4.0M | 0.6% | -47% | — |
| 19 | $AAPL | Apple Inc. | $3.9M | 0.6% | +3% | 76.1 |
| 20 |  $GOOG | Alphabet Inc. | $3.9M | 0.6% | +2% | 80.2 |
| 21 |  $GLD | SPDR GOLD TRUST | $3.5M | 0.5% | -17% | — |
| 22 |  $SPY | SPDR S&P 500 ETF TRUST | $3.0M | 0.5% | +0% | — |
| 23 |  $UBS | UBS Group AG | $2.8M | 0.4% | -4% | — |
| 24 |  $__PARK_1390777 | Bank of New York Mellon Corp | $2.8M | 0.4% | +0% | 36.7 |
| 25 |  $KMB | KIMBERLY CLARK CORP | $2.4M | 0.4% | +197% | 61.7 |
| 26 |  $GOOGL | Alphabet Inc. | $2.3M | 0.4% | +0% | 80.2 |
| 27 |  $EXE | EXPAND ENERGY Corp | $2.3M | 0.4% | -6% | 83.9 |
| 28 |  $UNP | UNION PACIFIC CORP | $2.1M | 0.3% | -25% | 74 |
| 29 |  $CDZI | CADIZ INC | $2.1M | 0.3% | -5% | 28.9 |
| 30 |  $L | LOEWS CORP | $1.7M | 0.3% | +0% | 75.2 |
| 31 |  $AVGO | Broadcom Inc. | $1.6M | 0.3% | +12% | 86.4 |
| 32 |  $GLNG | GOLAR LNG LTD | $1.6M | 0.2% | -51% | — |
| 33 |  $META | Meta Platforms, Inc. | $1.4M | 0.2% | +7% | 80.9 |
| 34 |  $WMT | Walmart Inc. | $1.4M | 0.2% | -4% | 63.2 |
| 35 |  $JNJ | JOHNSON & JOHNSON | $1.3M | 0.2% | +2% | 72.8 |
| 36 |  $COF | CAPITAL ONE FINANCIAL CORP | $1.3M | 0.2% | -50% | 71 |
| 37 |  $TECK | TECK RESOURCES LTD | $1.3M | 0.2% | -33% | — |
| 38 |  $MGM | MGM Resorts International | $1.2M | 0.2% | +51% | 48 |
| 39 | — | ISHARES TR | $1.2M | 0.2% | -21% | — |
| 40 |  $PCG | PG&E Corp | $1.1M | 0.2% | -33% | 59.3 |
| 41 |  $UL | UNILEVER PLC | $1.0M | 0.2% | +0% | — |
| 42 |  $AXS | AXIS CAPITAL HOLDINGS LTD | $1.0M | 0.2% | -19% | — |
| 43 |  $NTRS | NORTHERN TRUST CORP | $999,870 | 0.2% | +0% | 71.8 |
| 44 |  $JPM | JPMORGAN CHASE & CO | $989,097 | 0.1% | -5% | 35.6 |
| 45 |  $GM | General Motors Co | $972,658 | 0.1% | -16% | 58.7 |
| 46 |  $KO | COCA COLA CO | $965,834 | 0.1% | +2% | 74 |
| 47 |  $AIG | AMERICAN INTERNATIONAL GROUP, INC. | $962,676 | 0.1% | +0% | 59.5 |
| 48 |  $QQQ | INVESCO QQQ TRUST, SERIES 1 | $950,194 | 0.1% | -35% | — |
| 49 |  $BA | BOEING CO | $920,701 | 0.1% | -44% | 51.8 |
| 50 |  $COST | COSTCO WHOLESALE CORP /NEW | $920,179 | 0.1% | +3% | 67 |
| 51 |  $HZO | MARINEMAX INC | $916,145 | 0.1% | -25% | 36.5 |
| 52 |  $NOW | ServiceNow, Inc. | $898,996 | 0.1% | +480% | 76 |
| 53 |  $DE | DEERE & CO | $875,391 | 0.1% | +1% | 57.4 |
| 54 |  $BP | BP PLC | $873,015 | 0.1% | -34% | — |
| 55 |  $BC | BRUNSWICK CORP | $852,499 | 0.1% | +16% | 39.4 |
| 56 |  $BWXT | BWX Technologies, Inc. | $852,144 | 0.1% | -19% | 68 |
| 57 |  $PLD | Prologis, Inc. | $836,782 | 0.1% | NEW | 67.5 |
| 58 |  $XOM | EXXON MOBIL CORP | $800,510 | 0.1% | -37% | 61.8 |
| 59 |  $C | CITIGROUP INC | $788,357 | 0.1% | -39% | 54.8 |
| 60 |  $ABBV | AbbVie Inc. | $771,509 | 0.1% | +2% | 59.3 |
| 61 |  $DGX | QUEST DIAGNOSTICS INC | $766,313 | 0.1% | NEW | 69.1 |
| 62 |  $NEE | NEXTERA ENERGY INC | $764,443 | 0.1% | +1% | 71.7 |
| 63 | $IVZ | Invesco Ltd. | $762,216 | 0.1% | +1% | — |
| 64 |  $V | VISA INC. | $757,313 | 0.1% | -7% | 83.5 |
| 65 |  $VZ | VERIZON COMMUNICATIONS INC | $736,351 | 0.1% | +1% | 71.6 |
| 66 |  $OI | O-I Glass, Inc. /DE/ | $723,452 | 0.1% | -44% | 38.4 |
| 67 |  $BDX | BECTON DICKINSON & CO | $699,743 | 0.1% | +0% | 50.7 |
| 68 |  $ALK | ALASKA AIR GROUP, INC. | $697,527 | 0.1% | +44% | 56.3 |
| 69 |  $NWSA | NEWS CORP | $693,822 | 0.1% | +0% | 62.4 |
| 70 | — | ISHARES TR | $680,223 | 0.1% | +50% | — |
| 71 | — | VANGUARD STAR FDS | $665,477 | 0.1% | NEW | — |
| 72 |  $SLG | SL GREEN REALTY CORP | $662,953 | 0.1% | +15% | 41.5 |
| 73 |  $BAC | BANK OF AMERICA CORP /DE/ | $637,724 | 0.1% | +2% | 68.4 |
| 74 |  $PRMB | Primo Brands Corp | $625,156 | 0.1% | NEW | 46.5 |
| 75 |  $LIF | Life360, Inc. | $617,394 | 0.1% | +0% | 61.9 |
| 76 |  $PGR | PROGRESSIVE CORP/OH/ | $581,297 | 0.1% | -39% | 83.6 |
| 77 |  $BRK.B | BERKSHIRE HATHAWAY INC | $569,267 | 0.1% | +184% | 64.5 |
| 78 |  $MRSH | MARSH & MCLENNAN COMPANIES, INC. | $548,320 | 0.1% | +0% | 71.5 |
| 79 |  $LLY | ELI LILLY & Co | $507,488 | 0.1% | NEW | 89.3 |
| 80 |  $AMAT | APPLIED MATERIALS INC /DE | $486,406 | 0.1% | -31% | 74.8 |
| 81 |  $JBS | JBS N.V. | $481,800 | 0.1% | -63% | — |
| 82 |  $SPGI | S&P Global Inc. | $466,591 | 0.1% | -35% | 79.4 |
| 83 |  $MCD | MCDONALDS CORP | $449,070 | 0.1% | +2% | 73.9 |
| 84 |  $AURA | Aura Biosciences, Inc. | $439,701 | 0.1% | -18% | — |
| 85 | — | ISHARES TR | $437,010 | 0.1% | +0% | — |
| 86 |  $IBM | INTERNATIONAL BUSINESS MACHINES CORP | $424,772 | 0.1% | -9% | 66.7 |
| 87 |  $STZ | CONSTELLATION BRANDS, INC. | $423,971 | 0.1% | NEW | 65 |
| 88 |  $WAT | WATERS CORP /DE/ | $423,645 | 0.1% | NEW | 69.9 |
| 89 | — | FIDELITY COVINGTON TRUST | $419,220 | 0.1% | +0% | — |
| 90 |  $CAH | CARDINAL HEALTH INC | $419,128 | 0.1% | +104% | 58.6 |
| 91 |  $PSLV | Sprott Physical Silver Trust | $398,844 | 0.1% | -24% | — |
| 92 |  $COP | CONOCOPHILLIPS | $394,698 | 0.1% | +2% | 74.8 |
| 93 |  $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $382,594 | 0.1% | +17% | — |
| 94 | — | IAC INC | $376,309 | 0.1% | -80% | — |
| 95 |  $CCK | CROWN HOLDINGS, INC. | $374,266 | 0.1% | +0% | 61.9 |
| 96 |  $DLR | DIGITAL REALTY TRUST, INC. | $368,926 | 0.1% | +25% | 70.2 |
| 97 |  $HWM | Howmet Aerospace Inc. | $368,206 | 0.1% | +3% | 79.1 |
| 98 |  $SPH | SUBURBAN PROPANE PARTNERS LP | $364,091 | 0.1% | +44% | 74.7 |
| 99 |  $MTN | VAIL RESORTS INC | $363,989 | 0.1% | NEW | 65 |
| 100 | — | FIDELITY MERRIMACK STR TR | $361,838 | 0.1% | +0% | — |
| 101 |  $BFLY | Butterfly Network, Inc. | $359,250 | 0.1% | NEW | 29.5 |
| 102 |  $RDDT | Reddit, Inc. | $356,886 | 0.1% | +1% | 79.3 |
| 103 |  $XPO | XPO, Inc. | $351,327 | 0.1% | NEW | 55.3 |
| 104 | — | ISHARES TR | $346,912 | 0.1% | -1% | — |
| 105 |  $ICE | Intercontinental Exchange, Inc. | $344,162 | 0.1% | -16% | 73.8 |
| 106 |  $INTC | INTEL CORP | $343,340 | 0.1% | NEW | 41.5 |
| 107 |  $TTWO | TAKE TWO INTERACTIVE SOFTWARE INC | $343,299 | 0.1% | +1% | 47.2 |
| 108 |  $TSLA | Tesla, Inc. | $336,979 | 0.1% | +18% | 50.1 |
| 109 |  $AEE | AMEREN CORP | $334,472 | 0.1% | +1% | 63.5 |
| 110 |  $IBKR | Interactive Brokers Group, Inc. | $328,176 | 0.1% | NEW | 75.5 |
| 111 |  $CRH | CRH PUBLIC LTD CO | $327,431 | 0.1% | +1% | — |
| 112 |  $CNNE | Cannae Holdings, Inc. | $324,240 | 0.1% | +9% | 17.4 |
| 113 |  $RRX | REGAL REXNORD CORP | $320,395 | 0.1% | NEW | 53.8 |
| 114 |  $BGC | BGC Group, Inc. | $318,685 | 0.1% | +0% | 69.9 |
| 115 |  $IBIT | iShares Bitcoin Trust ETF | $309,391 | 0.1% | +24% | — |
| 116 |  $FRMI | Fermi Inc. | $307,800 | 0.1% | NEW | — |
| 117 |  $ARMK | Aramark | $303,884 | 0.1% | -0% | 53 |
| 118 |  $RSG | REPUBLIC SERVICES, INC. | $298,348 | 0.1% | +49% | 72 |
| 119 | — | ISHARES TR | $297,999 | 0.1% | +41% | — |
| 120 |  $HLT | Hilton Worldwide Holdings Inc. | $296,524 | 0.1% | +2% | 73.1 |
| 121 |  $ISRG | INTUITIVE SURGICAL INC | $293,328 | 0.1% | +3% | 81.4 |
| 122 | — | VANECK ETF TRUST | $291,897 | 0.1% | +0% | — |
| 123 |  $SPRY | ARS Pharmaceuticals, Inc. | $290,050 | 0.1% | -33% | 29.7 |
| 124 |  $GLW | CORNING INC /NY | $289,227 | 0.0% | -40% | 72.7 |
| 125 | — | ISHARES TR | $283,725 | 0.0% | -0% | — |
| 126 |  $TRGP | Targa Resources Corp. | $277,271 | 0.0% | NEW | 70 |
| 127 |  $CNX | CNX Resources Corp | $275,366 | 0.0% | +0% | 62 |
| 128 |  $HPE | Hewlett Packard Enterprise Co | $270,208 | 0.0% | NEW | 52.5 |
| 129 |  $LRCX | LAM RESEARCH CORP | $265,596 | 0.0% | NEW | 82.4 |
| 130 |  $BATRA | Atlanta Braves Holdings, Inc. | $264,600 | 0.0% | +0% | 30.8 |
| 131 |  $BKR | Baker Hughes Co | $264,398 | 0.0% | NEW | 63.4 |
| 132 |  $BN | BROOKFIELD Corp /ON/ | $262,734 | 0.0% | -21% | — |
| 133 |  $NOC | NORTHROP GRUMMAN CORP /DE/ | $261,925 | 0.0% | +1% | 60.5 |
| 134 |  $UNH | UNITEDHEALTH GROUP INC | $257,113 | 0.0% | -30% | 66.8 |
| 135 |  $MSCI | MSCI Inc. | $255,489 | 0.0% | +1% | 77.6 |
| 136 |  $LYV | Live Nation Entertainment, Inc. | $251,914 | 0.0% | NEW | 55 |
| 137 |  $TMO | THERMO FISHER SCIENTIFIC INC. | $244,749 | 0.0% | +6% | 63.7 |
| 138 |  $SPOT | Spotify Technology S.A. | $239,351 | 0.0% | -17% | — |
| 139 | — | ISHARES TR | $234,251 | 0.0% | +21% | — |
| 140 | — | VANGUARD INDEX FDS | $232,628 | 0.0% | +0% | — |
| 141 |  $TT | Trane Technologies plc | $230,016 | 0.0% | NEW | — |
| 142 |  $GEV | GE Vernova Inc. | $223,193 | 0.0% | NEW | 70.1 |
| 143 | — | DIMENSIONAL ETF TRUST | $222,652 | 0.0% | +0% | — |
| 144 |  $FTNT | Fortinet, Inc. | $222,410 | 0.0% | +2% | 78.1 |
| 145 |  $MSGS | Madison Square Garden Sports Corp. | $221,914 | 0.0% | NEW | 46.5 |
| 146 |  $NUE | NUCOR CORP | $209,582 | 0.0% | -30% | 58.9 |
| 147 |  $CPER | United States Commodity Index Funds Trust | $203,837 | 0.0% | NEW | — |
| 148 |  $DKS | DICK'S SPORTING GOODS, INC. | $201,959 | 0.0% | NEW | 67.9 |
| 149 |  $HNRG | HALLADOR ENERGY CO | $182,897 | 0.0% | +0% | 50.4 |
| 150 |  $AES | AES CORP | $169,282 | 0.0% | -8% | 50.9 |
| 151 |  $GBDC | GOLUB CAPITAL BDC, Inc. | $160,674 | 0.0% | +14% | — |
| 152 |  $ACTG | ACACIA RESEARCH CORP | $152,400 | 0.0% | -93% | 48.6 |
| 153 |  $APLE | Apple Hospitality REIT, Inc. | $139,972 | 0.0% | NEW | 59.5 |
| 154 |  $AGNC | AGNC Investment Corp. | $124,545 | 0.0% | +4% | — |
| 155 |  $RPC | Ridgepost Capital, Inc. | $107,990 | 0.0% | +0% | 53.3 |
New Positions (25)
$PLD Prologis, Inc.$836,782$DGX QUEST DIAGNOSTICS INC$766,313$PRMB Primo Brands Corp$625,156$LLY ELI LILLY & Co$507,488$STZ CONSTELLATION BRANDS, INC.$423,971$WAT WATERS CORP /DE/$423,645$MTN VAIL RESORTS INC$363,989$BFLY Butterfly Network, Inc.$359,250$XPO XPO, Inc.$351,327$INTC INTEL CORP$343,340$IBKR Interactive Brokers Group, Inc.$328,176$RRX REGAL REXNORD CORP$320,395$FRMI Fermi Inc.$307,800$TRGP Targa Resources Corp.$277,271Exited Positions (27)
$SEM SELECT MEDICAL HOLDINGS CORP
$MYFW First Western Financial Inc
$HUT Hut 8 Corp.
$OBDC Blue Owl Capital Corp
$BSX BOSTON SCIENTIFIC CORP
$APO Apollo Global Management, Inc.
$B BARRICK MINING CORP
$TRU TransUnion
$MCK MCKESSON CORP
$COR Cencora, Inc.
$DHR DANAHER CORP /DE/
$IT GARTNER INC
$SHW SHERWIN WILLIAMS CO
$ALIT Alight, Inc. / DelawareBrowse Top Institutional Investors
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