SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Perennial Investment Advisors, LLC

CIK 0001801523 · 11620 WILSHIRE BOULEVARD, SUITE 400, LOS ANGELES, CA, 90025 · 310-445-2504

Reported Value
$538M
Q1 2023
Positions
370
Filings on Record
26
2019–present window
Filed
May 12, 2023
original filing

Summary

Perennial Investment Advisors, LLC reported $538M in U.S.-listed holdings across 370 positions for Q1 2023.

Its largest position, Spdr, represents 6.5% of the portfolio.

Compared with Q4 2022, the fund opened 120 new positions and exited 8.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+34.3%
share of reported value
Largest Position
+6.5%
Spdr
New / Exited
120 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $127MQ4 ’19Q1 ’20: $112MQ2 ’20: $148MQ3 ’20: $199MQ4 ’20: $234MQ4 ’20Q1 ’21: $253MQ2 ’21: $274MQ3 ’21: $283MQ4 ’21: $320MQ4 ’21Q1 ’22: $316MQ2 ’22: $256MQ3 ’22: $220MQ4 ’22: $246MQ4 ’22Q1 ’23: $538MQ2 ’23: $568MQ3 ’23: $554MQ4 ’23: $604MQ4 ’23Q1 ’24: $659MQ2 ’24: $701MQ3 ’24: $772MQ4 ’24: $849MQ4 ’24Q1 ’25: $889MQ2 ’25: $1.0BQ3 ’25: $1.2BQ4 ’25: $1.3BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
ETP: 73.0%Common Stock: 24.0%Closed-End Fund: 1.4%Other: 0.7%REIT: 0.4%Other: 0.5%
  • ETP · 73.0% · $393M
  • Common Stock · 24.0% · $129M
  • Closed-End Fund · 1.4% · $7M
  • Other · 0.7% · $4M
  • REIT · 0.4% · $2M
  • Other · 0.5% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR SER TRNEW+469.7K469.7K+$26M$26M
SPDR SER TRNEW+194.9K194.9K+$15M$15M
SPDR SER TRNEW+189.6K189.6K+$10M$10M
SPDR SER TRNEW+100.2K100.2K+$7M$7M
LSATTWO RDS SHARED TRNEW+180.2K180.2K+$6M$6M
SPDR SER TRNEW+80.4K80.4K+$6M$6M
SPDR SER TRNEW+78.3K78.3K+$5M$5M
WISDOMTREE TRNEW+142.8K142.8K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2023

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SER TRPRTFLO S&P500 VL · PRTFLO S&P500 GW · S&P 600 SMCP VAL · PORTFOLI S&P1500 · S&P 600 SMCP GRW · S&P 400 MDCP GRW · S&P 400 MDCP VAL · S&P DIVID ETF · PORTFOLIO CRPORT · PORTFOLIO S&P600 · PORTFLI INTRMDIT21.54%$116M2.28M
2AAPLAPPLE INChistory →COM5.25%$28M171.2K
3ISHARES TRCORE S&P500 ETF · RUS 1000 GRW ETF · ESG AWR MSCI USA · U.S. TECH ETF · CORE DIV GRWTH · CORE S&P MCP ETF3.72%$20M162.6K
4FIRST TR VALUE LINE DIVID INSHS3.58%$19M480.2K
5LSATTWO RDS SHARED TRLEASERSHS ALPHAF · LDRSHS ALPFACT · LEADERSHARES DY · LEADERSHARES EQT3.42%$18M651.3K
6VUGVANGUARD INDEX FDSTOTAL STK MKT · GROWTH ETF · VALUE ETF3.35%$18M93.7K
7FIRST TR EXCHANGE-TRADED FDCAP STRENGTH ETF3.21%$17M236.8K
8INVESCO EXCHANGE TRADED FD TS&P 500 GARP ETF · S&P500 EQL WGT · S&P MDCP QUALITY3.02%$16M176.1K
9INVESCO EXCH TRD SLF IDX FDRUSL 1000 DYNM2.73%$15M316.4K
10MSFTMICROSOFT CORPhistory →COM1.49%$8M27.8K
11XLESELECT SECTOR SPDR TRhistory →ENERGY1.39%$7M90.4K
12AMZNAMAZON COM INChistory →COM1.31%$7M68.3K
13SPDR S&P 500 ETF TRTR UNIT1.09%$6M14.3K
14NVDANVIDIA CORPORATIONCOM0.97%$5M18.8K
15WISDOMTREE TRUS EFFICIENT COR0.93%$5M142.8K
16VANGUARD WORLD FDSINF TECH ETF0.92%$5M12.8K
17SPDR INDEX SHS FDSPORTFOLIO EMG MK0.89%$5M140.8K
18BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.84%$5M14.7K
19OBDCOWL ROCK CAPITAL CORPORATIONCOM0.79%$4M338.5K
20PACER FDS TRUS CASH COWS 1000.79%$4M90.0K
21PIMCO ETF TRENHAN SHRT MA AC0.70%$4M38.0K
22TSLATESLA INCCOM0.69%$4M17.9K
23NDQINVESCO QQQ TRUNIT SER 10.68%$4M11.4K
24INVESCO EXCH TRADED FD TR IIS&P 500 REVENUE0.62%$3M43.9K
25KOCOCA COLA COCOM0.51%$3M44.3K
26CLMCORNERSTONE STRATEGIC VALUECOM0.51%$3M352.5K
27CRFCORNERSTONE TOTAL RETURN FDCOM0.50%$3M360.8K
28GLOBAL X FDSUS INFR DEV ETF0.48%$3M90.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B511May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B511Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B482Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.0B475Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$889M434May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$849M407Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$772M401Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$701M371Aug 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$659M358May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$604M340Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$554M354Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$568M360Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$538M370May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$246M221Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$220M204Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$256M201Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$316M217May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$320M226Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$283M219Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$274M214Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$253M202Apr 29, 202113F-HRchanges · EDGAR ↗
Q4 2020$234M177Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$199M152Oct 26, 202013F-HRchanges · EDGAR ↗
Q2 2020$148M130Jul 16, 202013F-HRchanges · EDGAR ↗
Q1 2020$112M118Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$127M129Feb 7, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.