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Portfolio (Quarterly) Guide ↗

Permanent Capital Management, LP

· CIK 0002054108
13F Portfolio $747M AUM 211 positions Filed Aug 12, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 90 New 56 Added 45 Reduced 36 Exited
Page 2 of 3  ·  45 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 C CITIGROUP INC Financial Services 6,160.0 $862K 0.12% -4K -39.3% $139.96 -6.3%
22 PCG PG&E CORP Utilities 45,577.0 $768K 0.10% -54K -54.4% $16.85 +8.7%
23 GLW CORNING INC Technology 2,896.0 $740K 0.10% -29.0 -1.0% $255.46 -40.8%
24 BWXT BWX TECHNOLOGIES INC Industrials 3,789.0 $738K 0.10% -1K -21.7% $194.65 -19.9%
25 XOM EXXON MOBIL CORP Energy 5,177.0 $708K 0.10% -3K -37.4% $136.72 +22.4%
26 BP BP PLC Energy 18,429.0 $681K 0.09% -10K -34.2% $36.95 +22.5%
27 V VISA INC Financial Services 1,913.0 $656K 0.09% -566.0 -22.8% $343.09 +6.9%
28 BDX BECTON DICKINSON & CO Healthcare 4,277.0 $647K 0.09% -407.0 -8.7% $151.33 +24.8%
29 PGR PROGRESSIVE CORP Financial Services 2,888.0 $631K 0.08% -2K -39.0% $218.45 +1.2%
30 AURA AURA BIOSCIENCES INC Healthcare 62,369.0 $443K 0.06% -13K -17.8% $7.10 +7.2%
31 SPGI S&P GLOBAL INC Financial Services 1,035.0 $422K 0.06% -632.0 -37.9% $407.26 +5.0%
32 RDDT REDDIT INC Communication Services 2,296.0 $399K 0.05% -94.0 -3.9% $173.58 -15.8%
33 IAC PEOPLE INC Technology 8,445.0 $390K 0.05% -34K -80.0% $46.16 -0.0%
34 SPRY ARS PHARMACEUTICALS INC Healthcare 43,383.0 $347K 0.05% -9K -17.1% $8.01 -29.3%
35 HWM HOWMET AEROSPACE INC Industrials 1,239.0 $333K 0.04% -238.0 -16.1% $268.86 +2.2%
36 ISHG ISHARES TR 4,379.0 $325K 0.04% -1K -23.8% $74.25 +2.5%
37 PSLV SPROTT ASSET MANAGEMENT LP Financial Services 15,723.0 $297K 0.04% -6K -28.3% $18.87 +18.1%
38 UNH UNITEDHEALTH GROUP INC Healthcare 694.0 $288K 0.04% -295.0 -29.8% $415.63 -7.2%
39 FORTINET INC 1,556.0 $239K 0.03% -1K -40.0% $153.62
40 SPOT SPOTIFY TECHNOLOGY S A Communication Services 515.0 $236K 0.03% -134.0 -20.6% $459.13 +16.4%
Page 2 of 3  ·  45 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 32.5%
Financial Services 18.7%
Industrials 11.2%
Consumer Cyclical 8.9%
Healthcare 6.6%
Communication Services 6.6%
Consumer Defensive 4.4%
Utilities 4.2%
Energy 3.4%
Real Estate 2.3%