SEC 13F Intelligence

Managers / Q1 2026

Perennial Investment Advisors, LLC

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

Reported Value
$1.3B
Q1 2026
Positions
511
Filings on Record
26
2019–present window
Filed
May 15, 2026
original filing

Summary

Perennial Investment Advisors, LLC reported $1.3B in U.S.-listed holdings across 511 positions for Q1 2026.

Its largest position, NVDA, represents 4.4% of the portfolio.

Compared with Q4 2025, the fund opened 43 new positions and exited 36.

Portfolio Metrics

Turnover
+6.8%
vs prior filed quarter
Top-10 Concentration
+34.6%
share of reported value
Largest Position
+4.4%
Nvidia Corporation
New / Exited
43 / 36
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: 71.0%Common Stock: 26.7%Closed-End Fund: 0.9%Other: 0.6%ADR: 0.5%Other: 0.3%
  • ETP · 71.0% · $891M
  • Common Stock · 26.7% · $336M
  • Closed-End Fund · 0.9% · $11M
  • Other · 0.6% · $8M
  • ADR · 0.5% · $6M
  • Other · 0.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AIM ETF PRODUCTS TRUSTNEW+40.8K40.8K+$1M$1M
TEMA ETF TRUSTNEW+23.8K23.8K+$813,371$813,371
BRK/ABERKSHIRE HATHAWAY INC DELNEW+11+$718,140$718,140
SNDKSANDISK CORPNEW+1.1K1.1K+$701,629$701,629
VANGUARD SCOTTSDALE FDSNEW+6.4K6.4K+$600,676$600,676
INVESCO EXCHANGE TRADED FD TNEW+8.7K8.7K+$596,921$596,921
SPROTT ASSET MANAGEMENT LPNEW+24.5K24.5K+$596,700$596,700
LITELUMENTUM HLDGS INCNEW+779779+$547,450$547,450

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

Holdings — Q1 2026

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SERIES TRUSTSTATE STREET SPD13.77%$173M1.90M
2ISHARES TRRUS TP200 GR ETF · U.S. TECH ETF · CORE S&P500 ETF · MSCI USA QLT FCT · 20 YR TR BD ETF · MSCI USA MMENTM · CORE INTL AGGR8.52%$107M581.4K
3INVESCO EXCHANGE TRADED FD TS&P500 QUALITY · S&P 500 GARP ETF · S&P MDCP QUALITY5.11%$64M807.5K
4NVDANVIDIA CORPORATIONhistory →COM4.43%$56M318.5K
5AAPLAPPLE INChistory →COM3.39%$43M167.5K
6BLACKROCK ETF TRUSTISHARES US EQUIT · ISHARES A I INNO · ISHARES US THEMA3.00%$38M878.3K
7TSLATESLA INChistory →COM2.85%$36M96.3K
8RDVYFIRST TR EXCHANGE TRADED FDhistory →RISNG DIVD ACHIV2.82%$35M519.0K
9VUGVANGUARD INDEX FDSTOTAL STK MKT · GROWTH ETF · VALUE ETF2.65%$33M114.1K
10STATE STR SPDR S&P 500 ETF TTR UNIT1.56%$20M30.2K
11AMZNAMAZON COM INChistory →COM1.28%$16M76.9K
12GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.23%$15M53.8K
13GLOBAL X FDS1-3 MONTH T-BILL · DEFENSE TECH ETF1.17%$15M170.4K
14MSFTMICROSOFT CORPhistory →COM1.00%$13M34.0K
15NDQINVESCO QQQ TRhistory →UNIT SER 10.93%$12M20.3K
16ISHARES INCCORE MSCI EMKT0.92%$12M166.4K
17PACER FDS TRUS CASH COWS 1000.91%$11M182.5K
18BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.79%$10M20.6K
19VANGUARD WORLD FDINF TECH ETF0.78%$10M14.0K
20WISDOMTREE TRUS EFFICIENT COR0.67%$8M160.6K
21OUNZVANECK MERK GOLD ETFGOLD SHS0.66%$8M182.6K
22INNOVATOR ETFS TRUSTQUITY MANAGD FLR0.57%$7M202.0K
23VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT0.54%$7M105.5K
24METAMETA PLATFORMS INCCL A0.52%$7M11.5K
25CGDVUSDCAPITAL GROUP DIVIDEND VALUESHS CREATION UNI0.52%$6M152.1K
26SELECT SECTOR SPDR TRSTATE STREET TEC0.50%$6M46.8K
27AVGOBROADCOM INCCOM0.49%$6M19.8K
28PLTRPALANTIR TECHNOLOGIES INCCL A0.48%$6M41.3K
29J P MORGAN EXCHANGE TRADED FACTIVE VALUE ETF0.47%$6M83.0K
30CGGRUSDCAPITAL GROUP GROWTH ETFSHS CREATION UNI0.47%$6M147.3K
31CGGOUSDCAPITAL GROUP GBL GROWTH EQTSHS CREATION UNI0.44%$5M164.2K
32VANECK FDSEMERGING MARKETS0.44%$5M109.3K

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 ↗.