Alaska Permanent Capital Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), Alaska Permanent Capital Management, LLC reported 43 stock positions worth $1.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 20.8% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 11.0%) and Vanguard Total Bond Market (BND, 10.2%). Compared with Q2 2025, it opened 7 new positions, sold out of 2, added to 16 and reduced 11. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- ANCHORAGE, AK
- CIK
- 0001426771
- Portfolio Value
- $1.4B (Q3 2025)
- SEC Filing
- 0001398344-25-020109 ↗ filed Oct 31, 2025
Holdings Value
Holdings 43 stocks · $1.4B
| SPY SS SPDR S&P 500 ETF Trust-US | 20.80% | 424,424 | $282.8M | Reduce -8.9% |
| IJH iShares Core S&P Midcap ETF | 11.02% | 2,295,137 | $149.8M | Reduce -4.8% |
| BND Vanguard Total Bond Market | 10.18% | 1,860,743 | $138.3M | Add +2.9% |
| IEFA iShares Core MSCI Eafe ETF | 9.71% | 1,510,210 | $132.0M | Add +13.3% |
| IEMG iShares Core MSCI Emerging | 5.72% | 1,183,096 | $77.8M | Reduce -3.2% |
| NFRA NT GLBL BRD Infra ETF | 5.27% | 1,138,965 | $71.7M | Reduce -1.9% |
| IVV iShares Core S&P 500 ETF | 5.26% | 106,840 | $71.5M | Reduce -8.9% |
| BNDX Vanguard Total Intl Bond ETF | 4.96% | 1,366,807 | $67.5M | Add +3.2% |
| IJR iShares Core S&P Small-Cap E | 4.77% | 545,285 | $64.8M | Add +11.4% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 3.81% | 1,541,025 | $51.8M | Reduce -0.0% |
| BBRE JPM Betabldrs MSCI US REIT filed as J P MORGAN EXCHANGE TRADED F | 3.58% | 508,892 | $48.6M | Add +3.7% |
| BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 3.11% | 1,234,378 | $42.3M | Add +5.4% |
| ITOT iShares Core S&P Total U.S. | 2.46% | 229,445 | $33.4M | Reduce -4.9% |
| GVI iShares Intermediate Governm | 1.95% | 246,671 | $26.5M | Add +4.2% |
| VTIP Vanguard Short-Term Tips | 1.64% | 440,106 | $22.3M | Add +2.5% |
| SOXX iShares Semiconductor ETF | 1.25% | 62,472 | $16.9M | New |
| SPHY SS SPDR P High Yield ETF | 1.00% | 569,852 | $13.6M | Add +43005.3% |
| BSV Vanguard Short-Term Bond ETF | 0.97% | 167,536 | $13.2M | Add +2.1% |
| GRID First TRST Nasd Class Edg Sgiif | 0.57% | 51,688 | $7.8M | New |
| HELO JPMorgan Hedged Equity ETF | 0.56% | 116,653 | $7.6M | Add +0.4% |
| BUG Global X Cybersecurity ETF | 0.53% | 205,654 | $7.2M | New |
| DTCR Global X Data Center & Digit | 0.28% | 183,717 | $3.8M | New |
| SPIB SS SPDR P Int C Corp. ETF | 0.14% | 55,128 | $1.9M | Add +2.3% |
| BBCA JPMorgan Betabuilders Canada | 0.12% | 18,284 | $1.6M | Reduce -0.3% |
| SHM SS SPDR N Ice St Muni ETF | 0.10% | 27,260 | $1.3M | No change |
| EWJ iShares MSCI Japan ETF | 0.03% | 4,626 | $374K | Reduce -97.7% |
| NVDA Nvidia Corp. | 0.03% | 2,000 | $373K | No change |
| XSHQ Invesco S&P Smallcap Quality | 0.02% | 7,837 | $338K | Reduce -97.8% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.02% | 10,261 | $240K | Add +1.7% |
| HOLA JPM Intll HDG Eq LDDR Ovrly filed as J P MORGAN EXCHANGE TRADED F | 0.02% | 4,450 | $230K | New |
| BSJU Invesco Bulletshares 2030 HY | 0.02% | 8,229 | $215K | No change |
| BSJV Invesco Bulletshares 2031 HY | 0.01% | 7,504 | $200K | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.01% | 3,750 | $199K | No change |
| BALT Inn Defined Wealth Shield | 0.01% | 5,198 | $170K | No change |
| ZJUL Innovator Edp ETF 1 YR July | 0.01% | 5,915 | $170K | No change |
| IBHI iShares Ibonds 2029 TM HY Inc. | 0.01% | 6,622 | $157K | Add +1.7% |
| BSJS Invesco Bulletshares 2028 HY | 0.01% | 7,046 | $155K | Add +1.6% |
| RYLD Global X Russell 2000 Cov Class | 0.01% | 8,506 | $128K | New |
| BSJR Invesco Bulletshares 2027 HY | 0.01% | 5,269 | $120K | Add +1.5% |
| JEPI JPMorgan Equity Premium Inco | 0.01% | 1,967 | $112K | Reduce -8.1% |
| EMB iShares JP Morgan Usd Emergi | 0.00% | 625 | $59K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.00% | 56 | $8K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.00% | 55 | $8K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.9% | 20.80% | −1.53 |
| EWJ iShares MSCI Japan ETF | Reduce -97.7% | 0.03% | −1.16 |
| XSHQ Invesco S&P Smallcap Quality | Reduce -97.8% | 0.02% | −1.10 |
| IJH iShares Core S&P Midcap ETF | Reduce -4.8% | 11.02% | −0.58 |
| IVV iShares Core S&P 500 ETF | Reduce -8.9% | 5.26% | −0.38 |
| NFRA NT GLBL BRD Infra ETF | Reduce -1.9% | 5.27% | −0.28 |
| CMDY iShares Bloomberg Roll Selec | Sold out | 0.00% | −0.12 |
| ITOT iShares Core S&P Total U.S. | Reduce -4.9% | 2.46% | −0.07 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Reduce -0.0% | 3.81% | −0.05 |
| EUFN iShares MSCI Europe Financia | Sold out | 0.00% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -8.1% | 0.01% | −0.00 |
| BBCA JPMorgan Betabuilders Canada | Reduce -0.3% | 0.12% | +0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -3.2% | 5.72% | +0.06 |
Portfolio Buys Q2 2025 → Q3 2025
| SOXX iShares Semiconductor ETF | New | 1.25% | +1.25 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.3% | 9.71% | +1.10 |
| SPHY SS SPDR P High Yield ETF | Add +43005.3% | 1.00% | +1.00 |
| IJR iShares Core S&P Small-Cap E | Add +11.4% | 4.77% | +0.62 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.57% | +0.57 |
| BUG Global X Cybersecurity ETF | New | 0.53% | +0.53 |
| DTCR Global X Data Center & Digit | New | 0.28% | +0.28 |
| BCD Abrdn Bloomberg All Commodit | Add +5.4% | 3.11% | +0.11 |
| BBRE JPM Betabldrs MSCI US REIT | Add +3.7% | 3.58% | +0.07 |
| HOLA JPM Intll HDG Eq LDDR Ovrly | New | 0.02% | +0.02 |
| BSJV Invesco Bulletshares 2031 HY | New | 0.01% | +0.01 |
| RYLD Global X Russell 2000 Cov Class | New | 0.01% | +0.01 |
| BSJR Invesco Bulletshares 2027 HY | Add +1.5% | 0.01% | −0.00 |
| IBHI iShares Ibonds 2029 TM HY Inc. | Add +1.7% | 0.01% | −0.00 |
| BSJS Invesco Bulletshares 2028 HY | Add +1.6% | 0.01% | −0.00 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +1.7% | 0.02% | −0.00 |
| SPIB SS SPDR P Int C Corp. ETF | Add +2.3% | 0.14% | −0.00 |
| HELO JPMorgan Hedged Equity ETF | Add +0.4% | 0.56% | −0.01 |
| GVI iShares Intermediate Governm | Add +4.2% | 1.95% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Add +2.1% | 0.97% | −0.03 |
| VTIP Vanguard Short-Term Tips | Add +2.5% | 1.64% | −0.03 |
| BNDX Vanguard Total Intl Bond ETF | Add +3.2% | 4.96% | −0.10 |
| BND Vanguard Total Bond Market | Add +2.9% | 10.18% | −0.14 |
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 |