Permanens Capital L.P. — Q4 2016 13F Holdings

Name: Permanens Capital L.P. — 13F Holdings, Q4 2016
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001599637

Total reported value

$776.3M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VUG	Vanguard Growth ETF	ETF-Other	23.23%	-3.82%	-13.34%
2	VYM	Vanguard High Dvd Yield ETF	ETF-Other	15.41%	—	-28.70%
3	VTV	Vanguard Value ETF	ETF-Other	15.09%	+1.17%	-30.01%
4	VLUE	Ishares Msci USA Value Facto	ETF-Other	11.65%	—	—
5	DXJ	Wisdomtree Japan Hedged Eq	ETF-Other	9.86%	-5.01%	-2.05%
6	QUAL	Ishares Msci USA Quality Fac	ETF-Other	9.08%	—	—
7	HEDJ	Wisdomtree Europe Hedged Equ	ETF-Other	5.63%	—	+48.15%
8	HEZU	Ishares Currency Hedged Msci	ETF-Other	5.54%	—	+37.85%
9	MTUM	Ishares Msci USA Momentum Fa	ETF-Other	3.47%	—	—
10	UBS	UBS Group AG	Stock-Financials	0.77%	—	—
11	IAUUSD	Ishares Gold Trust	ETF-Commodities	0.26%	—	—

Position changes disclosed by Permanens Capital L.P. for the quarter ending Q4 2016, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	HEDJ	Wisdomtree Europe Hedged Equ	+1.5%	+48.15%	Add
2	HEZU	Ishares Currency Hedged Msci	+1.2%	+37.85%	Add
3	IAUUSD	Ishares Gold Trust	-0.1%	—	Unchanged
4	DXJ	Wisdomtree Japan Hedged Eq	-0.2%	-2.05%	Trim
5	VUG	Vanguard Growth ETF	-8%	-13.34%	Trim
6	VTV	Vanguard Value ETF	-8.2%	-30.01%	Trim
7	VYM	Vanguard High Dvd Yield ETF	-8.3%	-28.70%	Trim
8	VLUE	Ishares Msci USA Value Facto	—	NEW	New buy
9	QUAL	Ishares Msci USA Quality Fac	—	NEW	New buy
10	MTUM	Ishares Msci USA Momentum Fa	—	NEW	New buy
11	PPSIX	Princip Spec Pref & Cap-inst	—	EXIT	Sold out
12	UBS	UBS Group AG	—	NEW	New buy
13	SHY	Ishares 1-3 Year Treasury Bo	—	EXIT	Sold out
14	✓	Leucadia Natl CORP	—	EXIT	Sold out
15	ALGN	Align Technology INC	—	EXIT	Sold out
16	SNY	Sanofi	—	EXIT	Sold out