Permanens Capital L.P. — Q4 2017 13F Holdings

Name: Permanens Capital L.P. — 13F Holdings, Q4 2017
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	17.42%	-3.82%	-15.04%
2	QUAL	Ishares Msci USA Quality Fac	ETF-Other	13.69%	—	-0.08%
3	VLUE	Ishares Msci USA Value Facto	ETF-Other	12.72%	—	-15.76%
4	VTV	Vanguard Value ETF	ETF-Other	12.62%	+1.17%	-13.56%
5	MTUM	Ishares Msci USA Momentum Fa	ETF-Other	9.47%	—	-0.33%
6	HEZU	Ishares Currency Hedged Msci	ETF-Other	8.92%	—	+4.53%
7	HEDJ	Wisdomtree Europe Hedged Equ	ETF-Other	8.88%	—	+4.59%
8	DXJ	Wisdomtree Japan Hedged Eq	ETF-Other	7.80%	-5.01%	-0.54%
9	VYM	Vanguard High Dvd Yield ETF	ETF-Other	7.43%	—	-17.91%
10	AMLPUSD	Alerian Mlp ETF	ETF-Other	0.62%	—	—
11	UBS	UBS Group AG	Stock-Financials	0.27%	—	-70.60%
12	IAUUSD	Ishares Gold Trust	ETF-Commodities	0.17%	—	-54.57%

Position changes disclosed by Permanens Capital L.P. for the quarter ending Q4 2017, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	QUAL	Ishares Msci USA Quality Fac	+1.3%	-0.08%	Trim
2	MTUM	Ishares Msci USA Momentum Fa	+0.9%	-0.33%	Trim
3	DXJ	Wisdomtree Japan Hedged Eq	+0.8%	-0.54%	Trim
4	HEZU	Ishares Currency Hedged Msci	+0.6%	+4.53%	Add
5	HEDJ	Wisdomtree Europe Hedged Equ	+0.5%	+4.59%	Add
6	IAUUSD	Ishares Gold Trust	-0.2%	-54.57%	Trim
7	UBS	UBS Group AG	-0.7%	-70.60%	Trim
8	VTV	Vanguard Value ETF	-0.7%	-13.56%	Trim
9	VLUE	Ishares Msci USA Value Facto	-0.8%	-15.76%	Trim
10	VYM	Vanguard High Dvd Yield ETF	-0.9%	-17.91%	Trim
11	VUG	Vanguard Growth ETF	-1.4%	-15.04%	Trim
12	AMLPUSD	Alerian Mlp ETF	—	NEW	New buy