Perennial Advisors, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 13, 2026), Perennial Advisors, LLC reported 136 stock positions worth $643.2 million. Its top holding was Apple (AAPL) at 5.5% of the portfolio, followed by Alphabet Class C (GOOG, 4.9%) and Microsoft (MSFT, 4.4%). Compared with Q1 2026, it opened 21 new positions, sold out of 9, added to 36 and reduced 60. The biggest buy was a new position in Eaton Vance Floating-Rate (EVLN) and the biggest sale an exit from Honeywell International (HON).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001697360
Portfolio Value
$643.2M (Q2 2026)
SEC Filing
0001697360-26-000003 ↗ filed Jul 13, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $429.7M Q1 2024 Q2 2024: $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 $643.2M Q2 2026

Holdings 136 stocks · $643.2M
AAPL Apple Inc. 5.47% 121,530 $35.2M Reduce -0.8%
GOOG Alphabet Inc. Class C 4.89% 88,966 $31.4M Reduce -1.2%
MSFT Microsoft Corp. 4.37% 75,347 $28.1M Add +0.1%
APH Amphenol Corp. Class A 4.29% 156,471 $27.6M Reduce -7.2%
NVDA Nvidia Corp. 4.01% 129,063 $25.8M Reduce -2.1%
BRK.A Berkshire Hathaway Inc. Class A 3.84% 33 $24.7M No change
AMZN Amazon.com Inc. 3.37% 90,903 $21.7M Add +0.4%
JPM JPMorgan Chase & Co. 2.77% 54,419 $17.8M Reduce -3.1%
GLD SPDR Gold Shares 2.67% 46,582 $17.2M Add +7.4%
AXP American Express Co. 2.53% 48,090 $16.3M Reduce -1.1%
CSCO Cisco Systems Inc. 2.41% 131,942 $15.5M Reduce -1.2%
AMAT Applied Materials Inc. 2.23% 19,852 $14.4M Reduce -1.9%
V Visa Inc. Class A 2.02% 37,842 $13.0M Reduce -1.9%
MA Mastercard Inc. Class A 1.99% 24,883 $12.8M Reduce -1.1%
COST Costco Wholesale Corp. 1.93% 13,269 $12.4M Reduce -1.7%
JNJ Johnson & Johnson 1.92% 48,537 $12.3M Reduce -0.5%
SPYM Ste STR SPDR PT S&P 500 ETF 1.92% 140,225 $12.3M Add +47.5%
JPST JPMorgan Ultra-Short Income 1.69% 214,996 $10.9M Reduce -0.9%
KKR KKR & Co. Inc. 1.61% 112,929 $10.4M Reduce -2.7%
UNP Union Pacific Corp. 1.54% 36,314 $9.9M Reduce -1.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.52% 13,072 $9.8M Add +9.7%
FLOT iShares Floating Rate Bond E 1.45% 182,241 $9.3M Add +1.9%
META Meta Platforms Inc. Class A 1.44% 16,394 $9.2M Reduce -3.1%
GD General Dynamics Corp. 1.35% 24,554 $8.7M Reduce -3.1%
TMO Thermo Fisher Scientific Inc. 1.30% 16,718 $8.4M Reduce -0.6%
FDX FedEx Corp. 1.25% 25,707 $8.0M Reduce -4.2%
MCD McDonald's Corp. 1.18% 28,095 $7.6M Reduce -0.5%
VTI VG Morningstar TS MKT ETF-US 1.15% 20,034 $7.4M Add +18.5%
AWK American Water Works Co. Inc. 1.04% 50,706 $6.7M Reduce -1.2%
USB US Bancorp 1.02% 108,381 $6.5M Reduce -3.6%
AMGN Amgen Inc. 0.99% 17,507 $6.3M Reduce -11.2%
VCSH Vanguard S/T Corp. Bond ETF 0.97% 78,880 $6.2M Reduce -1.5%
XYL Xylem Inc. 0.95% 51,725 $6.1M Add +1.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.93% 62,110 $6.0M Reduce -6.7%
LIN Linde PLC 0.93% 11,490 $6.0M Add +6.5%
SBUX Starbucks Corp. 0.91% 57,241 $5.8M Reduce -3.1%
LRCX Lam Research Corp. 0.85% 12,640 $5.5M Reduce -4.5%
HD Home Depot Inc. 0.82% 14,904 $5.3M Reduce -1.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.78% 33,102 $5.0M Reduce -0.7%
NFLX Netflix Inc. 0.78% 70,074 $5.0M Add +4.8%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.76% 2,456 $4.9M Add +0.4%
VEA Vanguard Ftse Developed ETF 0.76% 68,254 $4.9M Add +13.8%
EVLN Eaton Vance Floating-Rate 0.74% 98,238 $4.8M New
HONA Honeywell Aerospace Inc. 0.72% 21,088 $4.7M Reduce -3.9%
MDT Medtronic PLC 0.68% 56,098 $4.4M Reduce -12.3%
VCIT Vanguard Int-Term Corporate 0.66% 51,398 $4.2M Add +1.2%
LEA Lear Corp. 0.66% 31,582 $4.2M Reduce -4.4%
ARCC Ares Capital Corp. 0.65% 224,244 $4.2M Reduce -5.0%
PFF iShares Preferred & Income S 0.64% 135,297 $4.1M Add +1.3%
VZ Verizon Communications Inc. 0.63% 95,219 $4.0M Reduce -4.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.63% 78,894 $4.0M Reduce -2.8%
SHY iShares 1-3 Year Treasury Bo 0.59% 46,088 $3.8M Add +3.0%
FAST Fastenal Co. 0.57% 76,940 $3.7M Reduce -0.3%
RSP Invesco S&P 500 Equal Weight 0.56% 16,794 $3.6M Add +74.2%
QQQ Invesco QQQ Trust Series 1 0.54% 4,673 $3.4M Add +0.9%
GOOGL Alphabet Inc. Class A 0.53% 9,493 $3.4M Reduce -3.7%
SMH Vaneck Semiconductor ETF 0.53% 5,171 $3.4M New
IAU iShares Gold Trust 0.51% 43,353 $3.3M Reduce -0.8%
NVS Novartis AG-Sponsored ADR 0.48% 19,702 $3.1M Reduce -51.8%
KLAC KLA Corp. 0.42% 8,980 $2.7M Reduce -3.8%
AVGO Broadcom Inc. 0.41% 7,029 $2.7M Add +365.8%
MDLZ Mondelez International Inc. Class A 0.41% 45,866 $2.7M Reduce -40.8%
BKLN Invesco Senior Loan ETF 0.36% 112,300 $2.3M Reduce -11.8%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 0.35% 44,290 $2.2M Add +19.4%
GEV GE Vernova Inc. 0.31% 1,687 $2.0M New
IVE iShares S&P 500 Value ETF 0.30% 8,473 $1.9M Add +143.1%
FDXF FedEx Freight Holding Co. 0.30% 12,657 $1.9M Reduce -5.7%
AIPO Defiance AI & Power Infr ETF 0.29% 56,114 $1.9M New
SHV iShares 0-1 Year Treasury Bo 0.29% 16,876 $1.9M Add +2.2%
VHT Vanguard Health Care ETF 0.28% 6,086 $1.8M Add +335.3%
NYF iShares New York Muni Bond E 0.28% 33,450 $1.8M Add +11.6%
SHLD Global X Defense Tech ETF 0.23% 24,295 $1.5M New
FISV Fiserv Inc. 0.21% 28,128 $1.4M Reduce -4.1%
XOM Exxon Mobil Corp. 0.19% 9,160 $1.3M Add +0.1%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.18% 2,213 $1.2M New
VTEB Vanguard Tax-Exempt Bond ETF 0.18% 22,597 $1.1M Reduce -1.7%
EXP Eagle Materials Inc. 0.18% 5,043 $1.1M No change
VOO Vanguard S&P 500 ETF 0.17% 1,594 $1.1M Add +27.8%
VXF Vanguard Extended Market ETF 0.16% 4,244 $1.0M Reduce -1.2%
GATX Gatx Corp. 0.16% 5,853 $1.0M No change
XLF SS Financial Select Sector 0.16% 19,271 $1.0M Reduce -0.7%
JMUB JPMorgan Municipal ETF 0.15% 19,675 $997K Add +4.4%
NBIS Nebius Group NV 0.13% 3,085 $852K Reduce -40.8%
SCHB Schwab US Broad Market ETF 0.12% 27,350 $792K Add +1.4%
WFC Wells Fargo & Co. 0.12% 9,484 $784K Add +0.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 2,465 $693K Add +73.0%
PANW Palo Alto Networks Inc. 0.10% 1,920 $655K Reduce -3.0%
ETN Eaton Corp. PLC 0.10% 1,514 $645K No change
BWXT BWX Technologies Inc. 0.10% 3,194 $622K Add +5.6%
APD Air Products & Chemicals Inc. 0.09% 2,078 $609K Reduce -12.0%
CVX Chevron Corp. 0.09% 3,562 $590K Reduce -9.3%
PEP Pepsico Inc. 0.09% 4,278 $579K Add +0.1%
FELG Fidelity Enh LRG Cap GWTH 0.09% 12,675 $555K No change
VT Vanguard Tot World STK ETF 0.08% 3,405 $534K No change
TDG Transdigm Group Inc. 0.08% 392 $522K Add +0.5%
BAC Bank of America Corp. 0.08% 9,162 $522K Reduce -6.2%
CENX Century Aluminum Company 0.08% 10,868 $500K Reduce -15.5%
HPE Hewlett Packard Enterprise 0.08% 11,030 $498K No change
MRK Merck & Co. Inc. 0.07% 3,724 $479K Reduce -12.9%
IWF iShares Russell 1000 Growth 0.07% 3,784 $470K No change
SPGM State Street SPDR Portfolio 0.07% 5,355 $459K No change
TSLA Tesla Inc. 0.07% 995 $418K Add +2.0%
TSM Taiwan Semiconductor-SP ADR 0.06% 800 $382K No change
VYMI Vanguard Int High DVD YLD Inc. 0.06% 3,879 $381K New
SMHI Seacor Marine Holdings Inc. 0.05% 46,038 $352K No change
STT State Street Corp. 0.05% 1,873 $318K Reduce -2.6%
MU Micron Technology Inc. 0.05% 275 $317K New
ITA iShares U.S. Aerospace & Def 0.05% 1,247 $302K New
VYM Vanguard High DVD Yield ETF 0.05% 1,881 $297K New
HPQ HP Inc. 0.05% 13,500 $296K No change
VTOL Bristow Group Inc. 0.05% 7,025 $290K No change
TXN Texas Instruments Inc. 0.04% 937 $279K New
INTC Intel Corp. 0.04% 2,000 $279K New
ADP Automatic Data Processing 0.04% 1,225 $274K No change
SLV iShares Silver Trust 0.04% 4,933 $264K Reduce -0.0%
BLK BlackRock Inc. 0.04% 271 $261K Reduce -3.6%
IBIT iShares Bitcoin Trust ETF 0.04% 7,815 $260K Reduce -4.2%
WMB Williams Cos Inc. 0.04% 3,483 $259K No change
DFAX Dimensional World Ex US Core 0.04% 6,931 $255K New
CEG Constellation Energy 0.04% 997 $248K New
EFA iShares MSCI Eafe ETF 0.04% 2,380 $247K Add +1.1%
QQQM Invesco Nasdaq 100 ETF 0.04% 805 $244K New
LMT Lockheed Martin Corp. 0.04% 465 $237K Add +1.5%
MMM 3M Co. 0.04% 1,451 $235K No change
BKNG Booking Holdings Inc. 0.04% 1,300 $232K No change
BA The Boeing Co. 0.04% 1,066 $231K No change
BX Blackstone Inc. 0.04% 1,917 $226K Reduce -21.0%
DFUS Dimensional US Eq MKT ETF 0.03% 2,678 $219K New
STM Stmicroelectronics NV-NY SHS 0.03% 2,910 $218K New
ABBV Abbvie Inc. 0.03% 859 $216K New
UBER Uber Technologies Inc. 0.03% 2,900 $209K New
IVW iShares S&P 500 Growth ETF 0.03% 1,476 $203K New
PG The Procter & Gamble Co. 0.03% 1,383 $203K Reduce -12.1%
VGK Vanguard Ftse Europe ETF 0.03% 2,267 $201K New
BRW Saba Capital Income & Opport 0.01% 11,198 $74K Add +3.8%
DAVA Endava PLC- Spon ADR 0.00% 10,000 $28K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $6.0M (not counted above)
SecurityClassShares / PrincipalValueChange
SPY SS SPDR S&P 500 ETF Trust-US TR UNIT · principal 5,000$3.7MAdd +11.1%
QQQ Invesco QQQ Trust Series 1 UNIT SER 1 · principal 3,100$2.3MAdd +3.3%

Total filed on the 13F, all lines: $649.2M.

Portfolio Sells Q1 2026 → Q2 2026
HON Honeywell International Inc. Sold out 0.00% −1.70
ZTS Zoetis Inc. Sold out 0.00% −0.65
NVS Novartis AG-Sponsored ADR Reduce -51.8% 0.48% −0.59
FDX FedEx Corp. Reduce -4.2% 1.25% −0.39
COST Costco Wholesale Corp. Reduce -1.7% 1.93% −0.38
MDLZ Mondelez International Inc. Class A Reduce -40.8% 0.41% −0.35
MCD McDonald's Corp. Reduce -0.5% 1.18% −0.33
NKE Nike Inc. Class B Sold out 0.00% −0.30
MDT Medtronic PLC Reduce -12.3% 0.68% −0.27
KKR KKR & Co. Inc. Reduce -2.7% 1.61% −0.23
VZ Verizon Communications Inc. Reduce -4.0% 0.63% −0.23
META Meta Platforms Inc. Class A Reduce -3.1% 1.44% −0.23
AMGN Amgen Inc. Reduce -11.2% 0.99% −0.21
JPST JPMorgan Ultra-Short Income Reduce -0.9% 1.69% −0.20
DIS The Walt Disney Co. Reduce -6.7% 0.93% −0.17
MA Mastercard Inc. Class A Reduce -1.1% 1.99% −0.17
AWK American Water Works Co. Inc. Reduce -1.2% 1.04% −0.16
IAU iShares Gold Trust Reduce -0.8% 0.51% −0.15
GD General Dynamics Corp. Reduce -3.1% 1.35% −0.14
TJX TJX Companies Inc. Reduce -0.7% 0.78% −0.13
JNJ Johnson & Johnson Reduce -0.5% 1.92% −0.13
VCSH Vanguard S/T Corp. Bond ETF Reduce -1.5% 0.97% −0.12
TMO Thermo Fisher Scientific Inc. Reduce -0.6% 1.30% −0.12
HONA Honeywell Aerospace Inc. Reduce -3.9% 0.72% −0.11
BKLN Invesco Senior Loan ETF Reduce -11.8% 0.36% −0.09
JMST JPM Ultra-Short Muni Income Reduce -2.8% 0.63% −0.08
ARCC Ares Capital Corp. Reduce -5.0% 0.65% −0.08
FISV Fiserv Inc. Reduce -4.1% 0.21% −0.07
JPM JPMorgan Chase & Co. Reduce -3.1% 2.77% −0.07
CRM Salesforce Inc. Sold out 0.00% −0.06
CENX Century Aluminum Company Reduce -15.5% 0.08% −0.05
FDXF FedEx Freight Holding Co. Reduce -5.7% 0.30% −0.05
T AT&T Inc. Sold out 0.00% −0.05
CVX Chevron Corp. Reduce -9.3% 0.09% −0.05
FAST Fastenal Co. Reduce -0.3% 0.57% −0.04
HD Home Depot Inc. Reduce -1.8% 0.82% −0.04
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.04
CMCSA Comcast Corp. Class A Sold out 0.00% −0.04
APO Apollo Global Management Inc. Sold out 0.00% −0.03
LEA Lear Corp. Reduce -4.4% 0.66% −0.03
APD Air Products & Chemicals Inc. Reduce -12.0% 0.09% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Reduce -1.7% 0.18% −0.02
SLV iShares Silver Trust Reduce -0.0% 0.04% −0.02
MRK Merck & Co. Inc. Reduce -12.9% 0.07% −0.01
IBIT iShares Bitcoin Trust ETF Reduce -4.2% 0.04% −0.01
BX Blackstone Inc. Reduce -21.0% 0.04% −0.01
ASPI Asp Isotopes Inc. Sold out 0.00% −0.01
PG The Procter & Gamble Co. Reduce -12.1% 0.03% −0.01
BLK BlackRock Inc. Reduce -3.6% 0.04% −0.01
XLF SS Financial Select Sector Reduce -0.7% 0.16% −0.00

Portfolio Buys Q1 2026 → Q2 2026
EVLN Eaton Vance Floating-Rate New 0.74% +0.74
SPYM Ste STR SPDR PT S&P 500 ETF Add +47.5% 1.92% +0.67
SMH Vaneck Semiconductor ETF New 0.53% +0.53
AVGO Broadcom Inc. Add +365.8% 0.41% +0.33
GEV GE Vernova Inc. New 0.31% +0.31
AIPO Defiance AI & Power Infr ETF New 0.29% +0.29
RSP Invesco S&P 500 Equal Weight Add +74.2% 0.56% +0.24
SHLD Global X Defense Tech ETF New 0.23% +0.23
VTI VG Morningstar TS MKT ETF-US Add +18.5% 1.15% +0.22
VHT Vanguard Health Care ETF Add +335.3% 0.28% +0.22
ASML ASML Holding NV-NY Reg SHS Add +0.4% 0.76% +0.21
SPY SS SPDR S&P 500 ETF Trust-US Add +9.7% 1.52% +0.19
DIA SS SPDR Dow Jones Indus Avg New 0.18% +0.18
IVE iShares S&P 500 Value ETF Add +143.1% 0.30% +0.17
AMZN Amazon.com Inc. Add +0.4% 3.37% +0.13
VEA Vanguard Ftse Developed ETF Add +13.8% 0.76% +0.10
QQQ Invesco QQQ Trust Series 1 Add +0.9% 0.54% +0.08
VYMI Vanguard Int High DVD YLD Inc. New 0.06% +0.06
MU Micron Technology Inc. New 0.05% +0.05
IBM Intl Business Machines Corp. Add +73.0% 0.11% +0.05
ITA iShares U.S. Aerospace & Def New 0.05% +0.05
VYM Vanguard High DVD Yield ETF New 0.05% +0.05
INTC Intel Corp. New 0.04% +0.04
TXN Texas Instruments Inc. New 0.04% +0.04
VOO Vanguard S&P 500 ETF Add +27.8% 0.17% +0.04
DFAX Dimensional World Ex US Core New 0.04% +0.04
CEG Constellation Energy New 0.04% +0.04
QQQM Invesco Nasdaq 100 ETF New 0.04% +0.04
DFUS Dimensional US Eq MKT ETF New 0.03% +0.03
STM Stmicroelectronics NV-NY SHS New 0.03% +0.03
ABBV Abbvie Inc. New 0.03% +0.03
UBER Uber Technologies Inc. New 0.03% +0.03
IVW iShares S&P 500 Growth ETF New 0.03% +0.03
VGK Vanguard Ftse Europe ETF New 0.03% +0.03
JMTG Mortgage-Backed Securities Add +19.4% 0.35% +0.02
LIN Linde PLC Add +6.5% 0.93% +0.01
NYF iShares New York Muni Bond E Add +11.6% 0.28% +0.01
SCHB Schwab US Broad Market ETF Add +1.4% 0.12% +0.01
TDG Transdigm Group Inc. Add +0.5% 0.08% +0.00
TSLA Tesla Inc. Add +2.0% 0.07% +0.00
EFA iShares MSCI Eafe ETF Add +1.1% 0.04% −0.00
BRW Saba Capital Income & Opport Add +3.8% 0.01% −0.00
JMUB JPMorgan Municipal ETF Add +4.4% 0.15% −0.01
WFC Wells Fargo & Co. Add +0.0% 0.12% −0.01
BWXT BWX Technologies Inc. Add +5.6% 0.10% −0.01
LMT Lockheed Martin Corp. Add +1.5% 0.04% −0.01
SHV iShares 0-1 Year Treasury Bo Add +2.2% 0.29% −0.02
PEP Pepsico Inc. Add +0.1% 0.09% −0.02
SHY iShares 1-3 Year Treasury Bo Add +3.0% 0.59% −0.05
PFF iShares Preferred & Income S Add +1.3% 0.64% −0.05

Notes & Other Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US TR UNIT · principal Add +11.1% 5,000 $3.7M
QQQ Invesco QQQ Trust Series 1 UNIT SER 1 · principal Add +3.3% 3,100 $2.3M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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