Permanens Capital L.P.

CIK 0001599637 · Q2 2026

13F Equity AUM

$972.4M

+25.3% QoQ

Positions

100

-88 QoQ

AUM Rank

#3,447

Top 28%

Skill Alpha (FF)

-1.8%/yr^ns

No Clear Edge

Rank #4,904 · Top 60%

vs S&P -2.0%/yr (unadj.)

Quarters Tracked

~12 years

Portfolio Concentration

Top 5: 52.7%Top 10: 67.5%Top 20: 82.8%

BIL16.8%

VTV16.3%

VUG7.3%

IAU*6.7%

BLACKROCK ETF TRUST II5.7%

RSP4.3%

BBEU3.0%

JPY2.6%

SCHI2.6%

PERSHING SQUARE USA LTD2.3%

Others (90)32.5%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

No sector data available.

Position Sizing

Positions: 100Median: 0.16%Avg: 1.00%

0–0.5%

70(8.1%)

0.5–1%

5(3.6%)

1–3%

18(28.2%)

3–5%

2(7.3%)

5%+

5(52.7%)

Count of positions per weight bucket — (%) = combined portfolio weight

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Portfolio Overlap

Shared: 0Unique: 100vs 20 funds

0%Low

100

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

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Position Changes This Quarter

New0Increased0Decreased0Exited0

No position changes this quarter.

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

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Holdings

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