Permanens Capital L.P.
•CIK: 1599637•Filing: Q4 2025
**Permanens Capital L.P.** manages $767M across a diversified portfolio of 80 positions. The fund exhibits significant allocations to core equity and commodity exposure, notably holding VTV at $107.2M and IAU* at $91.1M. Further concentration is evident in growth and fixed-income strategies, with VUG at $78.8M and BIL at $60.7M. This positioning suggests a tactical approach balancing broad market exposure with specific sector and asset class hedges.
Total AUM
$766.8M
QoQ Performance
+14.3%
Positions
72
Top 10 Concentration
74.9%
Latest Filing
Q4 2025
Top Holdings Allocation
VTV
IAU*
VUG
BIL
SLV
DXJ
BBEU
VTV14.0%
IAU*11.9%
VUG10.3%
BIL7.9%
SLV7.6%
DXJ5.5%
BBEU5.4%
SHYG4.7%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other89.2%
Financial3.0%
Technology3.0%
Consumer2.4%
Healthcare0.9%
Communication0.6%
ETF0.5%
Energy0.4%
🚪 Exited Positionssold since Q3 2025
+4 more exited positions
Changes from Q3 2025
NEW27 new positions
↑35 increased
↓8 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023