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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 4 of 8  ·  157 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 BWXT BWX TECHNOLOGIES INC Industrials 4,838.0 $836K 0.16% -1K -23.2% $172.84 +17.2%
62 NTRS NORTHERN TR CORP Financial Services 5,998.0 $824K 0.16% $137.39 +21.6%
63 ABBV ABBVIE INC Healthcare 3,551.0 $811K 0.16% +442.0 +14.2% $228.49 -6.1%
64 MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 21,288.0 $777K 0.15% $36.49 +3.2%
65 COST COSTCO WHSL CORP NEW Consumer Defensive 879.0 $758K 0.15% -65.0 -6.9% $862.34 +21.8%
66 KBWB INVESCO EXCH TRADED FD TR II 8,670.0 $731K 0.14% -279.0 -3.1% $84.29 +2.1%
67 NWSA NEWS CORP NEW Communication Services 26,361.0 $689K 0.13% $26.12 +0.5%
68 VGSH VANGUARD SCOTTSDALE FDS 11,691.0 $687K 0.13% +149.0 +1.3% $58.73 -0.9%
69 DE DEERE & CO Industrials 1,467.0 $685K 0.13% $467.19 +13.7%
70 BC BRUNSWICK CORP Consumer Cyclical 9,230.0 $685K 0.13% -2K -17.8% $74.24 +6.1%
71 SEM SELECT MED HLDGS CORP Healthcare 45,000.0 $668K 0.13% NEW $14.85 +11.2%
72 BAC BANK AMERICA CORP Financial Services 11,645.0 $640K 0.12% -930.0 -7.4% $55.00 -6.4%
73 SLG SL GREEN RLTY CORP Real Estate 13,628.0 $625K 0.12% NEW $45.87 -9.6%
74 ALK ALASKA AIR GROUP INC Industrials 12,394.0 $623K 0.12% $50.30 -18.3%
75 NEE NEXTERA ENERGY INC Utilities 7,708.0 $619K 0.12% +596.0 +8.4% $80.28 +11.7%
76 VZ VERIZON COMMUNICATIONS INC Communication Services 15,164.0 $618K 0.12% -551.0 -3.5% $40.73 +17.4%
77 SPRY ARS PHARMACEUTICALS INC Healthcare 52,306.0 $609K 0.12% -1K -1.9% $11.65 -33.0%
78 MRSH MARSH & MCLENNAN COS INC Financial Services 3,236.0 $600K 0.12% $185.52 -11.0%
79 IBM INTERNATIONAL BUSINESS MACHS Technology 2,015.0 $597K 0.12% -146.0 -6.8% $296.21 -14.6%
80 MYFW FIRST WESTN FINL INC Financial Services 21,000.0 $563K 0.11% NEW $26.81 +5.7%
Page 4 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%