Permanent Capital Management, LP reported 167 positions worth $155.18M for the quarter ended Jun 30, 2026, up 11.9% on the prior quarter. It opened 48 new positions, added to 39, trimmed 30 and exited 6. Its largest holding is Microsoft Corp at 17.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| DGX Quest Diagnostics Inc | +6,760 | +171.3% | $1.43M | 1.46% |
| OI O-I Glass, Inc. | +107.4K | +135.2% | $1.03M | 1.16% |
| HHH Howard Hughes Holdings Inc. | +12.0K | – | $857.88K | 0.553% |
| QXO QXO, Inc. | +49.5K | – | $855.81K | 0.551% |
| ALK Alaska Air Group, Inc. | +15.3K | +85.6% | $796.78K | 1.11% |
| HON Honeywell International Inc | +3,445 | – | $771.31K | 0.497% |
| HONA Honeywell Aerospace Inc. | +3,445 | – | $761.60K | 0.491% |
| IMRX Immuneering Corp | +150.0K | – | $748.50K | 0.482% |
| IBM International Business Machines Corp | +2,459 | +133.7% | $691.50K | 0.779% |
| MU Micron Technology Inc | +542 | – | $626.06K | 0.403% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AUR Aurora Innovation, Inc. | -737.0K | -55.0% | $5.03M | 2.65% |
| NOW ServiceNow, Inc. | -5,859 | -57.6% | $581.68K | 0.276% |
| SLG Sl Green Realty Corp | -11.1K | -71.2% | $576.20K | 0.15% |
| KMB Kimberly Clark Corp | -3,758 | -15.5% | $417.27K | 1.47% |
| MTN Vail Resorts Inc | -2,862 | -100.0% | $363.99K | Exited |
| PCG PG&E Corp | -21.4K | -32.0% | $361.27K | 0.495% |
| CRH Crh Public Ltd Co | -2,765 | -100.0% | $327.43K | Exited |
| ISRG Intuitive Surgical Inc | -641 | -100.0% | $293.33K | Exited |
| BN BROOKFIELD Corp | -5,823 | -100.0% | $262.73K | Exited |
| TMO Thermo Fisher Scientific Inc. | -511 | -100.0% | $244.75K | Exited |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| HHH Howard Hughes Holdings Inc. | +12.0K | $857.88K | 0.553% |
| QXO QXO, Inc. | +49.5K | $855.81K | 0.551% |
| HON Honeywell International Inc | +3,445 | $771.31K | 0.497% |
| HONA Honeywell Aerospace Inc. | +3,445 | $761.60K | 0.491% |
| IMRX Immuneering Corp | +150.0K | $748.50K | 0.482% |
| MU Micron Technology Inc | +542 | $626.06K | 0.403% |
| SW Smurfit Westrock plc | +12.1K | $557.94K | 0.36% |
| AMD Advanced Micro Devices Inc | +846 | $491.45K | 0.317% |
| TKR Timken Co | +2,870 | $417.07K | 0.269% |
| CALM Cal-Maine Foods Inc | +4,860 | $391.52K | 0.252% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| MTN Vail Resorts Inc | -2,862 | $363.99K | 0.262% |
| CRH Crh Public Ltd Co | -2,765 | $327.43K | 0.236% |
| ISRG Intuitive Surgical Inc | -641 | $293.33K | 0.211% |
| BN BROOKFIELD Corp | -5,823 | $262.73K | 0.189% |
| TMO Thermo Fisher Scientific Inc. | -511 | $244.75K | 0.176% |
| GBDC GOLUB CAPITAL BDC, Inc. | -11.7K | $160.67K | 0.116% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MSFT Microsoft Corp | Technology | 73.0K | $27.23M | 17.55% | +341 | +0.5% | Added | 0% |
| 2 | CAT Caterpillar Inc | Industrials | 5,465 | $5.82M | 3.75% | -152 | -2.7% | Reduced | 0% |
| 3 | NVDA Nvidia Corp | Technology | 23.1K | $4.62M | 2.97% | +36 | +0.2% | Added | 0% |
| 4 | AAPL Apple Inc. | Technology | 14.5K | $4.21M | 2.71% | +67 | +0.5% | Added | 0% |
| 5 | AUR Aurora Innovation, Inc. | Technology | 603.2K | $4.11M | 2.65% | -737.0K | -55.0% | Reduced | 0.03% |
| 6 | AMZN Amazon Com Inc | Consumer Discretionary | 16.7K | $3.97M | 2.56% | -20 | -0.1% | Reduced | 0% |
| 7 | GOOGL Alphabet Inc. | Technology | 10.0K | $3.58M | 2.31% | -125 | -1.2% | Reduced | 0% |
| 8 | BNY Bank of New York Mellon Corp | Financial Services | 20.8K | $3.01M | 1.94% | 0 | 0.0% | Unchanged | 0% |
| 9 | GLD Spdr Gold Trust | Financial Services | 8,157 | $3.00M | 1.94% | 0 | 0.0% | Unchanged | 0% |
| 10 | EXE EXPAND ENERGY Corp | Energy | 26.6K | $2.43M | 1.57% | +4,239 | +18.9% | Added | 0.01% |
| 11 | KMB Kimberly Clark Corp | Consumer Staples | 20.5K | $2.28M | 1.47% | -3,758 | -15.5% | Reduced | 0.01% |
| 12 | DGX Quest Diagnostics Inc | Healthcare | 10.7K | $2.27M | 1.46% | +6,760 | +171.3% | Added | 0.01% |
| 13 | CDZI Cadiz Inc | Industrials | 537.7K | $2.25M | 1.45% | +63.7K | +13.4% | Added | 0.64% |
| 14 | UNP Union Pacific Corp | Industrials | 7,913 | $2.15M | 1.39% | 0 | 0.0% | Unchanged | 0% |
| 15 | GOOG Alphabet Inc. | Technology | 5,939 | $2.10M | 1.35% | -71 | -1.2% | Reduced | 0% |
Tip. Select a row to see that position’s full history at Permanent Capital Management.
As of its Q2 2026 13F filing, Permanent Capital Management, LP’s five largest positions were Microsoft Corp (MSFT) at 17.5%, Caterpillar Inc (CAT) at 3.8%, Nvidia Corp (NVDA) at 3.0%, Apple Inc. (AAPL) at 2.7%, Aurora Innovation, Inc. (AUR) at 2.7% of the reported portfolio.
Permanent Capital Management, LP reported a 13F portfolio worth $155.18M across 167 positions for Q2 2026. That is up 11.9% from the previous quarter.
Its largest purchases by value were Quest Diagnostics Inc ($1.43M), O-I Glass, Inc. ($1.03M), Howard Hughes Holdings Inc. ($857.88K). It opened 48 new positions.
Its largest sales by value were Aurora Innovation, Inc. ($5.03M), ServiceNow, Inc. ($581.68K), Sl Green Realty Corp ($576.20K). It exited 6 positions entirely.
From the Form 13F-HR reports Permanent Capital Management, LP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.