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Asset Manager ← All Institutions

Perennial Advisors, LLC

1350 AVENUE OF THE AMERICAS SUITE 1920, NEW YORK, NY 10019 • 212-652-3900

Q4 2025 · Filed 2026-01-12
Market Value
$596M
+3.3%
Holdings
131
-1
New Purchases
5
Added To
68
Closed
4
Reduced
24
Top 10 Concentration
41.0%
Turnover
6.9%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOG 4.77% 3.81% +0.96% $28M
NFLX 0.84% 0.11% +0.73% $5M
SPLG 1.36% 0.81% +0.55% $8M
TMO 1.62% 1.35% +0.27% $10M
GLD 2.89% 2.64% +0.25% $17M
AXP 3.02% 2.79% +0.24% $18M
FDX 1.33% 1.10% +0.23% $8M
AAPL 5.56% 5.36% +0.20% $33M
CSCO 1.74% 1.56% +0.18% $10M
APH 3.94% 3.77% +0.17% $24M
LIN 0.17% 0.00% +0.17% $1M
AMZN 3.44% 3.28% +0.16% $21M
JNJ 1.76% 1.60% +0.16% $10M
AMGN 1.10% 0.95% +0.15% $7M
AMAT 0.94% 0.80% +0.14% $6M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
FI 0.35% 1.67% -1.31% $2M
APD 0.31% 1.38% -1.07% $2M
ADBE 0.00% 0.59% -0.59% $0
MSFT 6.03% 6.61% -0.58% $36M
NVDA 4.16% 4.43% -0.27% $25M
COST 1.93% 2.12% -0.19% $12M
SPTS 0.00% 0.15% -0.15% $0
HD 0.84% 0.99% -0.15% $5M
ZTS 0.60% 0.74% -0.14% $4M
FAST 0.52% 0.66% -0.14% $3M
BRK-A 4.18% 4.31% -0.13% $25M
MDLZ 0.66% 0.79% -0.13% $4M
XYL 1.15% 1.26% -0.12% $7M
META 1.99% 2.08% -0.09% $12M
VZ 0.70% 0.78% -0.08% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 37.1%
Technology 22.5%
Communication Services 9.7%
Industrials 8.6%
Consumer Cyclical 8.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 43 $348M 58.4%
Large Cap 68 $221M 37.1%
Mid Cap 11 $24M 4.0%
Small Cap 6 $2M 0.4%
Micro Cap 3 $413K 0.1%

Portfolio Analytics

Avg Market Cap
$404.5B
Median Market Cap
$98.9B
Avg P/E
35.0
Median P/E
27.2
Avg Dividend Yield
0.02%
Avg Beta
1.01
# Stocks
96
# ETFs / Funds
35

Top Holdings (131 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 6.03% 74,318 $36M $483.62 -$2M +636 +0.9%
2 AAPL 5.56% 121,978 $33M $271.86 $2M +535 +0.4%
3 GOOG 4.77% 90,684 $28M $313.80 $6M +434 +0.5%
4 BRK-A 4.18% 33 $25M $754,800.00 $20K
5 NVDA 4.16% 132,949 $25M $186.50 -$795K -4,205 -3.1%
6 APH 3.94% 174,010 $24M $135.14 $2M -1,831 -1.0%
7 AMZN 3.44% 88,950 $21M $230.82 $2M +2,605 +3.0%
8 JPM 3.06% 56,555 $18M $322.22 $578K +615 +1.1%
9 AXP 3.02% 48,724 $18M $369.95 $2M +310 +0.6%
10 GLD 2.89% 43,437 $17M $396.31 $2M +635 +1.5%
11 KKR 2.45% 114,488 $15M $127.48 $13K +2,278 +2.0%
12 MA 2.38% 24,897 $14M $570.88 $321K +473 +1.9%
13 V 2.23% 37,886 $13M $350.71 $656K +885 +2.4%
14 META 1.99% 17,949 $12M $660.09 -$168K +1,587 +9.7%
15 COST 1.93% 13,379 $12M $862.31 -$729K +128 +1.0%
16 JNJ 1.76% 50,591 $10M $206.95 $1M +861 +1.7%
17 CSCO 1.74% 134,367 $10M $77.03 $1M +2,765 +2.1%
18 JPST 1.70% 200,875 $10M $50.59 $737K +15,081 +8.1%
19 TMO 1.62% 16,722 $10M $579.45 $2M +611 +3.8%
20 HON 1.48% 45,364 $9M $195.09 -$167K +2,527 +5.9%
21 FLOT 1.46% 171,191 $9M $50.86 $367K +7,930 +4.9%
22 GD 1.45% 25,621 $9M $336.66 $201K +914 +3.7%
23 MCD 1.42% 27,780 $8M $305.63 $413K +1,199 +4.5%
24 UNP 1.42% 36,514 $8M $231.32 $85K +1,138 +3.2%
25 SPY 1.41% 12,289 $8M $681.95 $425K +347 +2.9%
26 SPLG 1.36% 100,781 $8M $80.22 $3M +41,423 +69.8%
27 FDX 1.33% 27,393 $8M $288.88 $2M +551 +2.0%
28 DIS 1.25% 65,721 $7M $113.78 $362K +3,580 +5.8%
29 XYL 1.15% 50,228 $7M $136.18 -$447K +823 +1.7%
30 VCSH 1.10% 82,642 $7M $79.73 $108K +1,562 +1.9%
31 AMGN 1.10% 19,956 $7M $327.31 $1M +579 +3.0%
32 AWK 1.07% 49,127 $6M $130.50 $64K +3,525 +7.7%
33 VTI 1.01% 18,024 $6M $335.27 $327K +608 +3.5%
34 MDT 1.00% 61,832 $6M $96.07 $323K +2,861 +4.8%
35 USB 0.99% 111,087 $6M $53.36 $910K +7,275 +7.0%
36 NVS 0.98% 42,344 $6M $137.87 $460K +407 +1.0%
37 AMAT 0.94% 21,868 $6M $256.99 $1M -616 -2.7%
38 HD 0.84% 14,616 $5M $344.09 -$696K +487 +3.5%
39 TJX 0.84% 32,735 $5M $153.61 $519K +1,534 +4.9%
40 NFLX 0.84% 53,327 $5M $93.76 $4M +52,790 +9830.5%
41 SBUX 0.81% 57,275 $5M $84.21 $186K +2,466 +4.5%
42 ARCC 0.78% 230,925 $5M $20.23 $271K +15,293 +7.1%
43 VZ 0.70% 102,994 $4M $40.73 -$333K -36 -0.0%
44 VCIT 0.69% 49,039 $4M $83.75 $104K +1,441 +3.0%
45 PFF 0.67% 129,731 $4M $30.96 $138K +7,063 +5.8%
46 JMST 0.67% 78,171 $4M $50.94 $126K +2,618 +3.5%
47 MDLZ 0.66% 73,015 $4M $53.84 -$626K +75 +0.1%
48 LEA 0.62% 32,049 $4M $114.60 $308K -1,393 -4.2%
49 ZTS 0.60% 28,333 $4M $125.82 -$693K -768 -2.6%
50 SHY 0.59% 42,466 $4M $82.82 $381K +4,661 +12.3%
51 VEA 0.58% 55,069 $3M $62.47 $708K +9,480 +20.8%
52 FAST 0.52% 77,625 $3M $40.13 -$695K -75 -0.1%
53 GOOGL 0.49% 9,318 $3M $313.01 $673K +87 +0.9%
54 QQQ 0.46% 4,493 $3M $614.37 -$144K -345 -7.1%
55 BKLN 0.45% 127,309 $3M $21.00 $252K +11,603 +10.0%
56 LRCX 0.45% 15,535 $3M $171.18 $18K -4,190 -21.2%
57 ASML 0.44% 2,476 $3M $1,069.86 $463K +218 +9.7%
58 NKE 0.41% 38,468 $2M $63.71 $125K +5,113 +15.3%
59 FI 0.35% 31,393 $2M $67.17 -$8M -43,202 -57.9%
60 APD 0.31% 7,492 $2M $247.01 -$6M -21,830 -74.5%
61 SHV 0.27% 14,431 $2M $110.15 $246K +2,273 +18.7%
62 NYF 0.24% 26,870 $1M $53.51 $98K +1,765 +7.0%
63 XOM 0.21% 10,194 $1M $120.34 $77K
64 KLAC 0.19% 950 $1M $1,215.08 $88K -39 -3.9%
65 VTEB 0.19% 22,637 $1M $50.29 $223 -95 -0.4%
66 EXP 0.18% 5,093 $1M $206.68 -$134K
67 LIN 0.17% 2,431 $1M $426.39 +2,431 NEW
68 GATX 0.17% 5,978 $1M $169.60 -$31K
69 WFC 0.16% 10,126 $944K $93.20 $95K +4 +0.0%
70 JMUB 0.15% 17,760 $897K $50.50 $262K +5,185 +41.2%
71 VBIL 0.14% 11,452 $864K $75.43 +11,452 NEW
72 VXF 0.14% 4,116 $861K $209.12 $46K +222 +5.7%
73 VOO 0.13% 1,242 $779K $627.13 -$366K -627 -33.5%
74 CENX 0.13% 19,368 $759K $39.18 $190K
75 SCHB 0.12% 27,006 $708K $26.23 $8K -238 -0.9%
76 PEP 0.10% 4,269 $613K $143.51 $55K +300 +7.6%
77 CVX 0.10% 3,927 $599K $152.42 -$52K -262 -6.2%
78 CRM 0.10% 2,167 $574K $264.91 $67K +26 +1.2%
79 SGOV 0.09% 5,471 $549K $100.38 $17K +183 +3.5%
80 FELG 0.09% 12,675 $529K $41.70 $7K
81 BWXT 0.09% 3,024 $523K $172.84 $4K +210 +7.5%
82 TDG 0.09% 390 $519K $1,329.85 $5K
83 AVGO 0.09% 1,490 $516K $346.10 $28K +11 +0.7%
84 ETN 0.08% 1,514 $482K $318.51 -$84K
85 VT 0.08% 3,355 $473K $141.06 $11K
86 BAC 0.08% 8,562 $471K $55.00 $29K
87 IBIT 0.08% 9,415 $467K $49.65 -$107K +570 +6.4%
88 IWF 0.08% 946 $448K $473.30 $5K
89 TSLA 0.07% 975 $438K $449.72 $5K
90 YNDX 0.07% 5,215 $437K $83.71 -$142K +60 +1.2%
91 IBM 0.07% 1,425 $422K $296.21 $12K -30 -2.1%
92 SPGM 0.07% 5,355 $411K $76.71 $29K +255 +5.0%
93 XLF 0.07% 7,298 $400K $54.77 $7K
94 MRK 0.07% 3,774 $397K $105.26 $80K
95 BKNG 0.06% 62 $332K $5,355.34 -$3K
96 ADP 0.05% 1,240 $319K $257.23 -$71K -90 -6.8%
97 SLV 0.05% 4,934 $318K $64.42 $109K
98 BX 0.05% 2,017 $311K $154.16 -$17K +100 +5.2%
99 HPQ 0.05% 13,500 $301K $22.28 -$67K
100 CEG 0.05% 828 $293K $353.27 +828 NEW

New Positions

SymbolValue% Port
LIN $1M 0.17%
VBIL $864K 0.14%
CEG $293K 0.05%
GS $204K 0.03%
DAVA $63K 0.01%

Sold Out Positions

SymbolValue% Port
CMG —%
ADBE —%
SPTS —%
CCCX —%
View SEC EDGAR Filings for Perennial Advisors, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms