Alaska Permanent Capital Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Alaska Permanent Capital Management, LLC reported 38 stock positions worth $1.3 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 22.3% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 11.6%) and Vanguard Total Bond Market (BND, 10.3%). Compared with Q1 2025, it opened 7 new positions, sold out of 3, added to 17 and reduced 9. The biggest buy was a new position in Abrdn Bloomberg All Commodit (BCD) and the biggest sale iShares Bloomberg Roll Selec (CMDY, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- ANCHORAGE, AK
- CIK
- 0001426771
- Portfolio Value
- $1.3B (Q2 2025)
- SEC Filing
- 0001398344-25-014063 ↗ filed Jul 29, 2025
Holdings Value
Holdings 38 stocks · $1.3B
| SPY SS SPDR S&P 500 ETF Trust-US | 22.33% | 466,120 | $288.1M | Add +4.9% |
| IJH iShares Core S&P Midcap ETF | 11.60% | 2,411,984 | $149.6M | Add +7.8% |
| BND Vanguard Total Bond Market | 10.32% | 1,808,815 | $133.1M | Reduce -0.0% |
| IEFA iShares Core MSCI Eafe ETF | 8.62% | 1,332,968 | $111.2M | Add +7.0% |
| IEMG iShares Core MSCI Emerging | 5.66% | 1,221,841 | $73.0M | Reduce -5.7% |
| IVV iShares Core S&P 500 ETF | 5.65% | 117,291 | $72.8M | Add +6.0% |
| NFRA NT GLBL BRD Infra ETF | 5.55% | 1,161,554 | $71.6M | Reduce -7.7% |
| BNDX Vanguard Total Intl Bond ETF | 5.07% | 1,323,899 | $65.4M | Add +3.1% |
| IJR iShares Core S&P Small-Cap E | 4.15% | 489,524 | $53.5M | Add +11.8% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 3.86% | 1,541,694 | $49.9M | Add +3.6% |
| BBRE JPM Betabldrs MSCI US REIT filed as J P MORGAN EXCHANGE TRADED F | 3.50% | 490,933 | $45.2M | Add +3.1% |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 3.01% | 1,171,098 | $38.8M | New |
| ITOT iShares Core S&P Total U.S. | 2.53% | 241,266 | $32.6M | Add +0.4% |
| GVI iShares Intermediate Governm | 1.96% | 236,852 | $25.3M | Add +18.2% |
| VTIP Vanguard Short-Term Tips | 1.67% | 429,236 | $21.6M | Add +2.8% |
| EWJ iShares MSCI Japan ETF | 1.19% | 203,971 | $15.3M | Reduce -5.0% |
| XSHQ Invesco S&P Smallcap Quality | 1.13% | 357,731 | $14.5M | Add +9.5% |
| BSV Vanguard Short-Term Bond ETF | 1.00% | 164,105 | $12.9M | Add +6.8% |
| HELO JPMorgan Hedged Equity ETF | 0.56% | 116,202 | $7.3M | New |
| SPIB SS SPDR P Int C Corp. ETF | 0.14% | 53,905 | $1.8M | Add +4.4% |
| CMDY iShares Bloomberg Roll Selec | 0.12% | 31,000 | $1.6M | Reduce -95.3% |
| BBCA JPMorgan Betabuilders Canada | 0.11% | 18,336 | $1.5M | Reduce -0.9% |
| SHM SS SPDR N Ice St Muni ETF | 0.10% | 27,260 | $1.3M | Reduce -41.8% |
| EUFN iShares MSCI Europe Financia | 0.03% | 11,551 | $366K | Reduce -98.1% |
| NVDA Nvidia Corp. | 0.02% | 2,000 | $316K | No change |
| IBHF iShares Ibond 2026 HY & Inc. | 0.02% | 10,089 | $234K | Add +0.6% |
| BSJU Invesco Bulletshares 2030 HY | 0.02% | 8,229 | $214K | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.02% | 3,750 | $198K | No change |
| ZJUL Innovator Edp ETF 1 YR July | 0.01% | 5,915 | $167K | New |
| BALT Inn Defined Wealth Shield | 0.01% | 5,198 | $167K | New |
| IBHI iShares Ibonds 2029 TM HY Inc. | 0.01% | 6,510 | $153K | Add +163.2% |
| BSJS Invesco Bulletshares 2028 HY | 0.01% | 6,933 | $152K | New |
| JEPI JPMorgan Equity Premium Inco | 0.01% | 2,141 | $122K | Reduce -20.4% |
| BSJR Invesco Bulletshares 2027 HY | 0.01% | 5,191 | $118K | New |
| EMB iShares JP Morgan Usd Emergi | 0.00% | 625 | $58K | No change |
| SPHY SS SPDR P High Yield ETF | 0.00% | 1,322 | $31K | Add +10916.7% |
| IWP iShares Russell Mid-Cap Grow | 0.00% | 56 | $8K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.00% | 55 | $7K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| CMDY iShares Bloomberg Roll Selec | Reduce -95.3% | 0.12% | −2.75 |
| EUFN iShares MSCI Europe Financia | Reduce -98.1% | 0.03% | −1.43 |
| BND Vanguard Total Bond Market | Reduce -0.0% | 10.32% | −0.88 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.62 |
| NFRA NT GLBL BRD Infra ETF | Reduce -7.7% | 5.55% | −0.56 |
| IEMG iShares Core MSCI Emerging | Reduce -5.7% | 5.66% | −0.23 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -41.8% | 0.10% | −0.09 |
| EWJ iShares MSCI Japan ETF | Reduce -5.0% | 1.19% | −0.05 |
| IVVW iShares S&P 500 Buywrite ETF | Sold out | 0.00% | −0.01 |
| IWMW iShares Russell 2000 Buywrit | Sold out | 0.00% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -20.4% | 0.01% | −0.00 |
| BBCA JPMorgan Betabuilders Canada | Reduce -0.9% | 0.11% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| BCD Abrdn Bloomberg All Commodit | New | 3.01% | +3.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.9% | 22.33% | +1.40 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.0% | 8.62% | +0.67 |
| IJH iShares Core S&P Midcap ETF | Add +7.8% | 11.60% | +0.59 |
| HELO JPMorgan Hedged Equity ETF | New | 0.56% | +0.56 |
| IVV iShares Core S&P 500 ETF | Add +6.0% | 5.65% | +0.41 |
| IJR iShares Core S&P Small-Cap E | Add +11.8% | 4.15% | +0.28 |
| GVI iShares Intermediate Governm | Add +18.2% | 1.96% | +0.17 |
| ITOT iShares Core S&P Total U.S. | Add +0.4% | 2.53% | +0.05 |
| XSHQ Invesco S&P Smallcap Quality | Add +9.5% | 1.13% | +0.04 |
| BSJU Invesco Bulletshares 2030 HY | New | 0.02% | +0.02 |
| ZJUL Innovator Edp ETF 1 YR July | New | 0.01% | +0.01 |
| BALT Inn Defined Wealth Shield | New | 0.01% | +0.01 |
| BSJS Invesco Bulletshares 2028 HY | New | 0.01% | +0.01 |
| BSJR Invesco Bulletshares 2027 HY | New | 0.01% | +0.01 |
| IBHI iShares Ibonds 2029 TM HY Inc. | Add +163.2% | 0.01% | +0.01 |
| SPHY SS SPDR P High Yield ETF | Add +10916.7% | 0.00% | +0.00 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +0.6% | 0.02% | −0.00 |
| SPIB SS SPDR P Int C Corp. ETF | Add +4.4% | 0.14% | −0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +6.8% | 1.00% | −0.01 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Add +3.6% | 3.86% | −0.07 |
| VTIP Vanguard Short-Term Tips | Add +2.8% | 1.67% | −0.08 |
| BNDX Vanguard Total Intl Bond ETF | Add +3.1% | 5.07% | −0.21 |
| BBRE JPM Betabldrs MSCI US REIT | Add +3.1% | 3.50% | −0.27 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 41 | $1.5B | SPY, IJH, BND, IEFA, IEMG |
| Q1 2026 | 39 | $1.4B | SPY, BND, IJH, IEFA, IEMG |
| Q4 2025 | 41 | $1.3B | SPY, IJH, BND, IEFA, IEMG |
| Q3 2025 | 43 | $1.4B | SPY, IJH, BND, IEFA, IEMG |
| Q2 2025 | 38 | $1.3B | SPY, IJH, BND, IEFA, IEMG |
| Q1 2025 | 34 | $1.2B | SPY, BND, IJH, IEFA, NFRA |
| Q4 2024 | 41 | $1.2B | SPY, IJH, BND, IEFA, IVV |
| Q3 2024 | 41 | $1.3B | SPY, IJH, BND, IEFA, IEMG |
| Q2 2024 | 34 | $1.2B | SPY, BND, IJH, IEFA, BNDX |
| Q1 2024 | 42 | $1.3B | SPY, BND, IJH, IEFA, BNDX |