Perennial Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 23, 2024), Perennial Advisors, LLC reported 111 stock positions worth $445.9 million. Its top holding was Microsoft (MSFT) at 7.6% of the portfolio, followed by Apple (AAPL, 6.0%) and Nvidia (NVDA, 4.1%). Compared with Q1 2024, it opened 4 new positions, sold out of 3, added to 51 and reduced 36. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Fiserv (FISV, shares −1%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001697360
Portfolio Value
$445.9M (Q2 2024)
SEC Filing
0001697360-24-000003 ↗ filed Jul 23, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $429.7M Q1 2024 Q2 2024: $445.9M $445.9M Q2 2024 Q4 2024: $459.4M Q4 2024 Q1 2025: $500.9M Q1 2025 Q2 2025: $537.8M Q2 2025 Q3 2025: $576.9M Q3 2025 Q4 2025: $596.4M Q4 2025 Q1 2026: $582.6M Q1 2026 Q2 2026: $643.2M Q2 2026

Holdings 111 stocks · $445.9M
MSFT Microsoft Corp. 7.56% 75,409 $33.7M Reduce -0.6%
AAPL Apple Inc. 6.03% 127,724 $26.9M Reduce -1.8%
NVDA Nvidia Corp. 4.10% 147,838 $18.3M Add +1.1%
GOOG Alphabet Inc. Class C 3.88% 94,251 $17.3M Reduce -0.5%
AMZN Amazon.com Inc. 3.63% 83,779 $16.2M Reduce -0.3%
KKR KKR & Co. Inc. 2.77% 117,478 $12.4M Reduce -1.4%
APH Amphenol Corp. Class A 2.77% 183,023 $12.3M Reduce -1.6%
AXP American Express Co. 2.62% 50,419 $11.7M Reduce -0.5%
COST Costco Wholesale Corp. 2.62% 13,729 $11.7M Reduce -1.6%
JPM JPMorgan Chase & Co. 2.62% 57,657 $11.7M Reduce -1.3%
MA Mastercard Inc. Class A 2.55% 25,737 $11.4M Add +0.6%
FISV Fiserv Inc. 2.51% 75,123 $11.2M Reduce -0.6%
V Visa Inc. Class A 2.26% 38,377 $10.1M Add +1.6%
GLD SPDR Gold Shares 2.07% 42,943 $9.2M Add +0.7%
HON Honeywell International Inc. 1.96% 40,885 $8.7M Add +2.2%
TMO Thermo Fisher Scientific Inc. 1.86% 14,996 $8.3M Add +2.6%
JPST JPMorgan Ultra-Short Income 1.85% 163,778 $8.3M Reduce -3.6%
FDX FedEx Corp. 1.73% 25,714 $7.7M Add +0.7%
UNP Union Pacific Corp. 1.68% 33,188 $7.5M Add +1.1%
JNJ Johnson & Johnson 1.68% 51,282 $7.5M Reduce -1.8%
FLOT iShares Floating Rate Bond E 1.66% 144,709 $7.4M Add +0.1%
MCD McDonald's Corp. 1.50% 26,210 $6.7M Add +1.1%
APD Air Products & Chemicals Inc. 1.49% 25,694 $6.6M Add +0.2%
GD General Dynamics Corp. 1.49% 22,852 $6.6M Add +0.3%
XYL Xylem Inc. 1.41% 46,297 $6.3M Reduce -1.6%
CSCO Cisco Systems Inc. 1.39% 130,281 $6.2M Add +2.3%
VCSH Vanguard S/T Corp. Bond ETF 1.33% 76,665 $5.9M Reduce -2.2%
AMGN Amgen Inc. 1.28% 18,323 $5.7M Add +0.9%
ADBE Adobe Inc. 1.23% 9,892 $5.5M Add +2.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.20% 9,853 $5.4M Add +4.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.18% 52,821 $5.2M Add +5.4%
AWK American Water Works Co. Inc. 1.13% 39,072 $5.0M Add +2.2%
HD Home Depot Inc. 1.10% 14,272 $4.9M Add +4.9%
MDT Medtronic PLC 1.06% 60,283 $4.7M Add +3.0%
VZ Verizon Communications Inc. 1.04% 112,540 $4.6M Add +4.3%
SBUX Starbucks Corp. 0.96% 54,814 $4.3M Add +0.7%
AMAT Applied Materials Inc. 0.94% 17,851 $4.2M Reduce -4.3%
VTI VG Morningstar TS MKT ETF-US 0.93% 15,431 $4.1M Add +1.9%
NVS Novartis AG-Sponsored ADR 0.90% 37,743 $4.0M Add +5.8%
ARCC Ares Capital Corp. 0.86% 184,564 $3.8M Reduce -0.1%
PFF iShares Preferred & Income S 0.85% 120,795 $3.8M Reduce -0.3%
LEA Lear Corp. 0.84% 32,912 $3.8M Add +9.1%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.81% 71,463 $3.6M Add +3.3%
MDLZ Mondelez International Inc. Class A 0.80% 54,175 $3.5M Add +2.8%
USB US Bancorp 0.79% 88,514 $3.5M Add +2.7%
ZTS Zoetis Inc. 0.79% 20,200 $3.5M Add +3.9%
LRCX Lam Research Corp. 0.77% 3,204 $3.4M Reduce -0.8%
VCIT Vanguard Int-Term Corporate 0.70% 39,028 $3.1M Add +1.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.57% 23,198 $2.6M Add +13.3%
FAST Fastenal Co. 0.57% 40,250 $2.5M Reduce -3.1%
DEO Diageo PLC-Sponsored ADR 0.55% 19,335 $2.4M Add +9.5%
BKLN Invesco Senior Loan ETF 0.52% 111,024 $2.3M Reduce -0.1%
QQQ Invesco QQQ Trust Series 1 0.44% 4,129 $2.0M Reduce -0.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.42% 17,531 $1.9M Add +23.3%
GOOGL Alphabet Inc. Class A 0.40% 9,884 $1.8M Add +2.6%
SHY iShares 1-3 Year Treasury Bo 0.40% 21,718 $1.8M Add +4.4%
VEA Vanguard Ftse Developed ETF 0.39% 34,771 $1.7M Add +2.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.35% 31,372 $1.6M Add +2.6%
NKE Nike Inc. Class B 0.34% 20,384 $1.5M Add +16.4%
META Meta Platforms Inc. Class A 0.33% 2,883 $1.5M Add +10.3%
EXP Eagle Materials Inc. 0.30% 6,181 $1.3M Reduce -0.8%
STGW Stagwell Inc. 0.27% 179,006 $1.2M Reduce -12.5%
KLAC KLA Corp. 0.27% 1,477 $1.2M Reduce -1.3%
XOM Exxon Mobil Corp. 0.26% 10,184 $1.2M Add +18.1%
CENX Century Aluminum Company 0.26% 68,293 $1.1M No change
GATX Gatx Corp. 0.21% 6,937 $918K Reduce -1.4%
WFC Wells Fargo & Co. 0.20% 14,948 $888K Reduce -8.8%
VGSH Vanguard Short-Term Treasury 0.20% 15,014 $871K Reduce -8.8%
CVX Chevron Corp. 0.19% 5,379 $841K Add +4.8%
PEP Pepsico Inc. 0.17% 4,678 $772K Reduce -14.2%
HPQ HP Inc. 0.17% 21,398 $749K No change
JMUB JPMorgan Municipal ETF 0.16% 14,100 $710K Add +1.1%
VXF Vanguard Extended Market ETF 0.14% 3,752 $633K Add +2.5%
SCHB Schwab US Broad Market ETF 0.14% 10,043 $631K Add +0.3%
SMHI Seacor Marine Holdings Inc. 0.14% 46,038 $621K Reduce -4.2%
CMCSA Comcast Corp. Class A 0.14% 15,806 $619K Reduce -5.4%
VOO Vanguard S&P 500 ETF 0.13% 1,134 $567K Add +2.7%
TDG Transdigm Group Inc. 0.11% 390 $498K Add +23.8%
ETN Eaton Corp. PLC 0.11% 1,514 $475K No change
INTC Intel Corp. 0.11% 15,150 $469K Reduce -1.9%
CRM Salesforce Inc. 0.10% 1,815 $467K No change
MRK Merck & Co. Inc. 0.10% 3,624 $449K Add +10.7%
FELG Fidelity Enh LRG Cap GWTH 0.09% 12,675 $409K No change
FCX Freeport-McMoran Inc. 0.09% 8,358 $406K New
IWF iShares Russell 1000 Growth 0.09% 1,059 $386K No change
ROP Roper Technologies Inc. 0.08% 669 $377K Add +21.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 9,265 $368K Add +19.3%
ADP Automatic Data Processing 0.08% 1,440 $344K Reduce -4.3%
PG The Procter & Gamble Co. 0.08% 2,065 $341K Add +0.1%
NFLX Netflix Inc. 0.08% 502 $339K Add +4.2%
BKNG Booking Holdings Inc. 0.08% 85 $337K No change
XLF SS Financial Select Sector 0.07% 7,398 $304K No change
HPE Hewlett Packard Enterprise 0.07% 13,877 $294K No change
BX Blackstone Inc. 0.06% 2,186 $271K Reduce -38.3%
AGGY Wisdomtree Yield Enhanced US 0.06% 6,005 $258K No change
LMT Lockheed Martin Corp. 0.06% 533 $249K No change
PGX Invesco Preferred ETF 0.06% 21,352 $247K No change
SHV iShares 0-1 Year Treasury Bo 0.05% 2,188 $242K New
KMB Kimberly-Clark Corp. 0.05% 1,735 $240K Reduce -1.4%
VTOL Bristow Group Inc. 0.05% 7,022 $235K New

Show all 111 holdings

Options reported separately and not counted above: MSFT puts ($268K).

Portfolio Sells Q1 2024 → Q2 2024
FISV Fiserv Inc. Reduce -0.6% 2.51% −0.30
JNJ Johnson & Johnson Reduce -1.8% 1.68% −0.24
FAST Fastenal Co. Reduce -3.1% 0.57% −0.18
JPST JPMorgan Ultra-Short Income Reduce -3.6% 1.85% −0.14
JPM JPMorgan Chase & Co. Reduce -1.3% 2.62% −0.11
UNH Unitedhealth Group Inc. Sold out 0.00% −0.10
EXP Eagle Materials Inc. Reduce -0.8% 0.30% −0.09
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.2% 1.33% −0.08
AXP American Express Co. Reduce -0.5% 2.62% −0.07
ACN Accenture PLC Class A Sold out 0.00% −0.06
PFF iShares Preferred & Income S Reduce -0.3% 0.85% −0.05
INTC Intel Corp. Reduce -1.9% 0.11% −0.05
PEP Pepsico Inc. Reduce -14.2% 0.17% −0.05
BX Blackstone Inc. Reduce -38.3% 0.06% −0.05
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.03
ARCC Ares Capital Corp. Reduce -0.1% 0.86% −0.03
CMCSA Comcast Corp. Class A Reduce -5.4% 0.14% −0.03
VGSH Vanguard Short-Term Treasury Reduce -8.8% 0.20% −0.03
BKLN Invesco Senior Loan ETF Reduce -0.1% 0.52% −0.02
STGW Stagwell Inc. Reduce -12.5% 0.27% −0.02
WFC Wells Fargo & Co. Reduce -8.8% 0.20% −0.02
KKR KKR & Co. Inc. Reduce -1.4% 2.77% −0.02
SMHI Seacor Marine Holdings Inc. Reduce -4.2% 0.14% −0.02
GATX Gatx Corp. Reduce -1.4% 0.21% −0.01
ADP Automatic Data Processing Reduce -4.3% 0.08% −0.01
XYL Xylem Inc. Reduce -1.6% 1.41% −0.01
BA The Boeing Co. Reduce -0.5% 0.05% −0.00
KMB Kimberly-Clark Corp. Reduce -1.4% 0.05% +0.00
AVGO Broadcom Inc. Reduce -5.8% 0.05% +0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.4% 0.44% +0.02
KLAC KLA Corp. Reduce -1.3% 0.27% +0.03
LRCX Lam Research Corp. Reduce -0.8% 0.77% +0.04
AMAT Applied Materials Inc. Reduce -4.3% 0.94% +0.05
AMZN Amazon.com Inc. Reduce -0.3% 3.63% +0.10
MSFT Microsoft Corp. Reduce -0.6% 7.56% +0.13
COST Costco Wholesale Corp. Reduce -1.6% 2.62% +0.24
APH Amphenol Corp. Class A Reduce -1.6% 2.77% +0.27
GOOG Alphabet Inc. Class C Reduce -0.5% 3.88% +0.52
AAPL Apple Inc. Reduce -1.8% 6.03% +0.85

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +1.1% 4.10% +1.02
NVS Novartis AG-Sponsored ADR Add +5.8% 0.90% +0.10
ADBE Adobe Inc. Add +2.0% 1.23% +0.09
FCX Freeport-McMoran Inc. New 0.09% +0.09
TJX TJX Companies Inc. Add +13.3% 0.57% +0.09
AMGN Amgen Inc. Add +0.9% 1.28% +0.08
GOOGL Alphabet Inc. Class A Add +2.6% 0.40% +0.07
SHV iShares 0-1 Year Treasury Bo New 0.05% +0.05
VTOL Bristow Group Inc. New 0.05% +0.05
PANW Palo Alto Networks Inc. New 0.05% +0.05
SPY SS SPDR S&P 500 ETF Trust-US Add +4.2% 1.20% +0.05
HON Honeywell International Inc. Add +2.2% 1.96% +0.05
AWK American Water Works Co. Inc. Add +2.2% 1.13% +0.04
APD Air Products & Chemicals Inc. Add +0.2% 1.49% +0.04
META Meta Platforms Inc. Class A Add +10.3% 0.33% +0.03
XOM Exxon Mobil Corp. Add +18.1% 0.26% +0.03
GLD SPDR Gold Shares Add +0.7% 2.07% +0.03
TDG Transdigm Group Inc. Add +23.8% 0.11% +0.02
ZTS Zoetis Inc. Add +3.9% 0.79% +0.02
BAC Bank of America Corp. Add +19.3% 0.08% +0.01
ROP Roper Technologies Inc. Add +21.2% 0.08% +0.01
VTI VG Morningstar TS MKT ETF-US Add +1.9% 0.93% +0.01
NFLX Netflix Inc. Add +4.2% 0.08% +0.01
FDX FedEx Corp. Add +0.7% 1.73% +0.01
VOO Vanguard S&P 500 ETF Add +2.7% 0.13% +0.00
SHY iShares 1-3 Year Treasury Bo Add +4.4% 0.40% +0.00
CVX Chevron Corp. Add +4.8% 0.19% +0.00
MRK Merck & Co. Inc. Add +10.7% 0.10% +0.00
SCHB Schwab US Broad Market ETF Add +0.3% 0.14% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.08% −0.00
JMST JPM Ultra-Short Muni Income Add +3.3% 0.81% −0.00
JMUB JPMorgan Municipal ETF Add +1.1% 0.16% −0.01
VXF Vanguard Extended Market ETF Add +2.5% 0.14% −0.01
VTEB Vanguard Tax-Exempt Bond ETF Add +2.6% 0.35% −0.01
VEA Vanguard Ftse Developed ETF Add +2.9% 0.39% −0.01
GD General Dynamics Corp. Add +0.3% 1.49% −0.01
VZ Verizon Communications Inc. Add +4.3% 1.04% −0.01
VCIT Vanguard Int-Term Corporate Add +1.6% 0.70% −0.02
NKE Nike Inc. Class B Add +16.4% 0.34% −0.04
FLOT iShares Floating Rate Bond E Add +0.1% 1.66% −0.06
MDLZ Mondelez International Inc. Class A Add +2.8% 0.80% −0.06
DEO Diageo PLC-Sponsored ADR Add +9.5% 0.55% −0.06
CSCO Cisco Systems Inc. Add +2.3% 1.39% −0.09
EL Estee Lauder Companies Class A Add +23.3% 0.42% −0.09
USB US Bancorp Add +2.7% 0.79% −0.11
HD Home Depot Inc. Add +4.9% 1.10% −0.11
TMO Thermo Fisher Scientific Inc. Add +2.6% 1.86% −0.12
MDT Medtronic PLC Add +3.0% 1.06% −0.12
LEA Lear Corp. Add +9.1% 0.84% −0.17
UNP Union Pacific Corp. Add +1.1% 1.68% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 136$643.2MAAPL, GOOG, MSFT, APH, NVDA
Q1 2026 122$582.6MAAPL, MSFT, GOOG, BRK.A, NVDA
Q4 2025 127$596.4MMSFT, AAPL, GOOG, BRK.A, NVDA
Q3 2025 126$576.9MMSFT, AAPL, NVDA, BRK.A, GOOG
Q2 2025 122$537.8MMSFT, AAPL, BRK.A, NVDA, AMZN
Q1 2025 112$500.9MMSFT, AAPL, BRK.A, AMZN, FISV
Q4 2024 76$459.4MMSFT, AAPL, NVDA, AMZN, GOOG
Q2 2024 111$445.9MMSFT, AAPL, NVDA, GOOG, AMZN
Q1 2024 110$429.7MMSFT, AAPL, AMZN, GOOG, NVDA