Permanens Capital L.P. 13F annual report
Permanens Capital L.P. is an investment fund managing more than $461 billion ran by Michael Mccaffery. There are currently 28 companies in Mr. Mccaffery’s portfolio. The largest investments include Vanguard Index Fds and Ishares Gold Tr, together worth $319 billion.
$461 billion Assets Under Management (AUM)
As of 8th May 2023, Permanens Capital L.P.’s top holding is 2,021,806 shares of Vanguard Index Fds currently worth over $296 billion and making up 64.2% of the portfolio value.
In addition, the fund holds 604,836 shares of Ishares Gold Tr worth $22.6 billion.
The third-largest holding is Ishares Inc worth $37.8 billion and the next is Wisdomtree Tr worth $35.2 billion, with 465,761 shares owned.
Currently, Permanens Capital L.P.'s portfolio is worth at least $461 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Permanens Capital L.P.
The Permanens Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Michael Mccaffery serves as the Chief Operating Officer/Chief Compliance Officer at Permanens Capital L.P..
Recent trades
In the most recent 13F filing, Permanens Capital L.P. revealed that it had opened a new position in
Ishares Inc and bought 702,163 shares worth $37.8 billion.
The investment fund also strengthened its position in Ishares Tr by buying
220,899 additional shares.
This makes their stake in Ishares Tr total 610,223 shares worth $26.8 billion.
On the other hand, there are companies that Permanens Capital L.P. is getting rid of from its portfolio.
Permanens Capital L.P. closed its position in Ishares Tr on 15th May 2023.
It sold the previously owned 8,768 shares for $999 million.
Michael Mccaffery also disclosed a decreased stake in Vanguard Index Fds by approximately 0.1%.
This leaves the value of the investment at $296 billion and 2,021,806 shares.
One of the average hedge funds
The two most similar investment funds to Permanens Capital L.P. are Madison Wealth Management and Well Done. They manage $461 billion and $461 billion respectively.
Michael Mccaffery investment strategy
Permanens Capital L.P.’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Materials — making up 1.5% of
the total portfolio value.
The fund focuses on investments in the United States as
39.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
39% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $406 billion.
The complete list of Permanens Capital L.P. trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vanguard Index Fds |
0.74%
2,021,806
|
$296,121,946,000 | 64.22% |
| Ishares Gold Tr |
7.18%
604,836
|
$22,602,721,000 | 4.90% |
| Ishares Inc |
Opened
702,163
|
$37,765,878,000 | 8.19% |
| Wisdomtree Tr |
24.13%
465,761
|
$35,181,535,000 | 7.63% |
| Ishares Tr |
56.74%
610,223
|
$26,838,863,000 | 5.82% |
| Ishares Tr |
Opened
142,838
|
$4,956,030,000 | 1.07% |
| JPMorgan Chase & Co. |
36.96%
33,350
|
$4,345,838,000 | 0.94% |
| Freeport-McMoRan Inc |
1.95%
103,854
|
$4,248,667,000 | 0.92% |
| Microsoft Corporation |
No change
12,735
|
$3,671,500,000 | 0.80% |
| Caterpillar Inc. |
0.90%
15,460
|
$3,537,866,000 | 0.77% |
| Schwab Charles Corp |
46.38%
59,965
|
$3,140,967,000 | 0.68% |
| Marriott Intl Inc New |
No change
17,868
|
$2,966,803,000 | 0.64% |
| Canadian Pac Ry Ltd |
No change
37,960
|
$2,920,642,000 | 0.63% |
| Cameco Corp. |
No change
110,350
|
$2,887,859,000 | 0.63% |
| Danaher Corp. |
No change
10,115
|
$2,549,385,000 | 0.55% |
| Spdr S&p 500 Etf Tr |
26.39%
5,451
|
$2,231,585,000 | 0.48% |
| Ishares Tr |
Closed
8,768
|
$999,201,000 | |
| Spdr Ser Tr |
21.44%
17,355
|
$706,696,000 | 0.15% |
| Select Sector Spdr Tr |
Opened
7,000
|
$579,810,000 | 0.13% |
| Idexx Labs Inc |
8.33%
1,100
|
$550,088,000 | 0.12% |
| Mettler-Toledo International, Inc. |
16.67%
350
|
$535,573,000 | 0.12% |
| Visa Inc |
10.00%
2,200
|
$496,012,000 | 0.11% |
| Automatic Data Processing In |
No change
2,000
|
$445,260,000 | 0.10% |
| CME Group Inc |
No change
2,200
|
$421,344,000 | 0.09% |
| Alphabet Inc |
No change
4,000
|
$416,000,000 | 0.09% |
| Costco Whsl Corp New |
No change
800
|
$397,496,000 | 0.09% |
| Qualcomm, Inc. |
Opened
2,400
|
$306,192,000 | 0.07% |
| Home Depot, Inc. |
No change
800
|
$236,096,000 | 0.05% |
| Spdr Ser Tr |
Closed
2,698
|
$136,708,000 | |
| Archer Aviation Inc |
No change
25,994
|
$74,343,000 | 0.02% |
| No transactions found | |||
| Showing first 500 out of 30 holdings | |||
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