Perennial Advisors, LLC

CIK

1697360

Location

NEW YORK, NY

Portfolio Value

Small $460,432,350

Diversification

Diversified

Filing Date

Global Rank

#2,743 / 8,605 ▲ 8 · as of Mar 2026

Top Industry

Credit Services 9.3%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed Apr 13, 2026 · 3mo

24 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+56.4%

SPY

+76.5%

Annualised alpha

-4.8%

Max drawdown

−17.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

92 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.8%

−0.9 pts

Top 5

26.5%

−3.0 pts

Top 10

43.0%

−4.1 pts

HHI

289

Diversified−36

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.4%	$130,787,547	19
Financial Services	17.1%	$78,593,919	14
Industrials	10.9%	$50,416,137	14
Consumer Cyclical	10.8%	$49,557,826	9
Healthcare	9.4%	$43,248,295	7
Unclassified	8.7%	$39,885,262	7
Communication Services	6.8%	$31,389,994	8
Consumer Defensive	4.1%	$18,809,158	4
Basic Materials	1.7%	$7,811,313	5
Utilities	1.5%	$6,984,819	1
Energy	0.6%	$2,948,080	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	+13,559	66,886	$6,431,088
LIN	Linde PLC	+8,357	10,788	$5,348,258
ARCC	Ares Capital Corp	+5,204	236,129	$4,255,044
MDLZ	Mondelez International, Inc.	+4,439	77,454	$4,464,448
SPY	Spdr S&P 500 ETF Trust	+4,123	16,412	$10,673,380
ZTS	Zoetis Inc.	+3,923	32,256	$3,812,981
QQQ	Invesco Qqq Trust, Series 1	+3,136	7,629	$4,403,306
AWK	American Water Works Company, Inc.	+2,198	51,325	$6,984,819
MDT	Medtronic plc	+2,140	63,972	$5,543,173
SBUX	Starbucks Corp	+1,802	59,077	$5,292,708
KKR	KKR & Co. Inc.	+1,596	116,084	$10,737,770
AMZN	Amazon Com Inc	+1,566	90,516	$18,851,767
USB	US Bancorp De	+1,370	112,457	$5,848,888
BAC	Bank Of America Corp /De/	+1,200	9,762	$475,897
LEA	Lear Corp	+986	33,035	$3,999,877
MSFT	Microsoft Corp	+957	75,275	$27,864,546
XYL	Xylem Inc.	+896	51,124	$6,109,318
DIS	Walt Disney Co	+858	66,579	$6,416,884
V	Visa Inc.	+683	38,569	$11,657,094
TJX	Tjx Companies Inc /De/	+602	33,337	$5,323,918
AAPL	Apple Inc.	+568	122,546	$31,100,949
HD	Home Depot, Inc.	+563	15,179	$4,992,221
GOOGL	Alphabet Inc.	+536	9,854	$2,833,616
MRK	Merck & Co., Inc.	+500	4,274	$514,119
PANW	Palo Alto Networks Inc	+480	1,980	$317,433
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CENX	Century Aluminum Co	−6,500	12,868	$755,222
NKE	NIKE, Inc.	−5,511	32,957	$1,740,788
APH	Amphenol Corp /De/	−5,388	168,622	$21,305,389
APD	Air Products & Chemicals, Inc.	−5,130	2,362	$686,137
VZ	Verizon Communications Inc	−3,827	99,167	$4,978,183
LRCX	Lam Research Corp	−2,305	13,230	$2,826,721
FISV	Fiserv Inc	−2,060	29,333	$1,636,781
JNJ	Johnson & Johnson	−1,799	48,792	$11,926,716
AMAT	Applied Materials Inc /De	−1,632	20,236	$6,916,462
HON	Honeywell International Inc	−1,494	43,870	$9,915,936
NVS	Novartis AG	−1,456	40,888	$6,245,642
IBIT	iShares Bitcoin Trust ETF	−1,260	8,155	$313,315
CMCSA	Comcast Corp	−1,175	7,604	$218,310
NVDA	Nvidia Corp	−1,124	131,825	$22,990,280
XOM	Exxon Mobil Corp	−1,041	9,153	$1,552,897
META	Meta Platforms, Inc.	−1,033	16,916	$9,678,151
CSCO	Cisco Systems, Inc.	−779	133,588	$10,365,092
WMB	Williams Companies, Inc.	−662	3,483	$253,492
WFC	Wells Fargo & Company/Mn	−646	9,480	$754,702
FDX	Fedex Corp	−554	26,839	$9,559,515
FAST	Fastenal Co	−490	77,135	$3,579,064
JPM	Jpmorgan Chase & Co	−399	56,156	$16,518,848
GD	General Dynamics Corp	−291	25,330	$8,693,762
AMGN	Amgen Inc	−237	19,719	$6,938,130
CRM	Salesforce, Inc.	−153	2,014	$375,953
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
IAU	Ishares Gold Trust	43,703	$3,852,856
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
CEG	Constellation Energy Corp	828	$292,507
ROP	Roper Technologies Inc	656	$292,005
WBD	Warner Bros. Discovery, Inc.	8,209	$236,583
EA	Electronic Arts Inc.	1,019	$208,212
GS	Goldman Sachs Group Inc	232	$203,928
STGW	Stagwell Inc	28,000	$136,920
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

92 positions · $460,432,350 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 92 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	122,546	+568	$31,100,949	−6.2%	6.75%
MSFT	Microsoft Corp Technology	Added	75,275	+957	$27,864,546	−22.5%	6.05%
NVDA	Nvidia Corp Technology	Reduced	131,825	-1,124	$22,990,280	−7.3%	4.99%
APH	Amphenol Corp /De/ Technology	Reduced	168,622	-5,388	$21,305,389	−9.4%	4.63%
AMZN	Amazon Com Inc Consumer Cyclical	Added	90,516	+1,566	$18,851,767	−8.2%	4.09%
GLD	Spdr Gold Trust	Reduced	43,388	-49	$18,669,422	+8.5%	4.05%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	56,156	-399	$16,518,848	−9.4%	3.59%
AXP	American Express Co Financial Services	Reduced	48,626	-98	$14,708,392	−18.4%	3.19%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	13,502	+123	$13,453,797	+16.6%	2.92%
MA	Mastercard Inc Financial Services	Added	25,160	+263	$12,571,445	−11.6%	2.73%
JNJ	Johnson & Johnson Healthcare	Reduced	48,792	-1,799	$11,926,716	+13.9%	2.59%
V	Visa Inc. Financial Services	Added	38,569	+683	$11,657,094	−12.3%	2.53%
KKR	KKR & Co. Inc. Financial Services	Added	116,084	+1,596	$10,737,770	−26.4%	2.33%
SPY	Spdr S&P 500 ETF Trust	Added	16,412	+4,123	$10,673,380	+27.4%	2.32%
CSCO	Cisco Systems, Inc. Technology	Reduced	133,588	-779	$10,365,092	+0.1%	2.25%
HON	Honeywell International Inc Industrials	Reduced	43,870	-1,494	$9,915,936	+6.8%	2.15%
META	Meta Platforms, Inc. Communication Services	Reduced	16,916	-1,033	$9,678,151	−18.3%	2.10%
FDX	Fedex Corp Industrials	Reduced	26,839	-554	$9,559,515	+49.9%	2.08%
UNP	Union Pacific Corp Industrials	Added	36,757	+243	$8,917,983	+5.6%	1.94%
MCD	Mcdonalds Corp Consumer Cyclical	Added	28,235	+455	$8,775,155	+3.4%	1.91%
GD	General Dynamics Corp Industrials	Reduced	25,330	-291	$8,693,762	+0.8%	1.89%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	16,820	+98	$8,267,534	−14.7%	1.80%
AWK	American Water Works Company, Inc. Utilities	Added	51,325	+2,198	$6,984,819	+8.9%	1.52%
AMGN	Amgen Inc Healthcare	Reduced	19,719	-237	$6,938,130	+6.2%	1.51%
AMAT	Applied Materials Inc /De Technology	Reduced	20,236	-1,632	$6,916,462	+23.1%	1.50%
NFLX	Netflix Inc Communication Services	Added	66,886	+13,559	$6,431,088	+28.6%	1.40%
DIS	Walt Disney Co Communication Services	Added	66,579	+858	$6,416,884	−14.2%	1.39%
NVS	Novartis AG Healthcare	Reduced	40,888	-1,456	$6,245,642	+7.0%	1.36%
XYL	Xylem Inc. Industrials	Added	51,124	+896	$6,109,318	−10.7%	1.33%
USB	US Bancorp De Financial Services	Added	112,457	+1,370	$5,848,888	−1.3%	1.27%
MDT	Medtronic plc Healthcare	Added	63,972	+2,140	$5,543,173	−6.7%	1.20%
LIN	Linde PLC Basic Materials	Added	10,788	+8,357	$5,348,258	+416.0%	1.16%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	33,337	+602	$5,323,918	+5.9%	1.16%
SBUX	Starbucks Corp Consumer Cyclical	Added	59,077	+1,802	$5,292,708	+9.7%	1.15%
HD	Home Depot, Inc. Consumer Cyclical	Added	15,179	+563	$4,992,221	−0.7%	1.08%
VZ	Verizon Communications Inc Communication Services	Reduced	99,167	-3,827	$4,978,183	+18.7%	1.08%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	77,454	+4,439	$4,464,448	+13.6%	0.97%
QQQ	Invesco Qqq Trust, Series 1	Added	7,629	+3,136	$4,403,306	+59.5%	0.96%
ARCC	Ares Capital Corp Financial Services	Added	236,129	+5,204	$4,255,044	−8.9%	0.92%
LEA	Lear Corp Consumer Cyclical	Added	33,035	+986	$3,999,877	+8.9%	0.87%
IAU	Ishares Gold Trust	NEW	43,703	NEW	$3,852,856	NEW	0.84%
ZTS	Zoetis Inc. Healthcare	Added	32,256	+3,923	$3,812,981	+7.0%	0.83%
FAST	Fastenal Co Industrials	Reduced	77,135	-490	$3,579,064	+14.9%	0.78%
ASML	Asml Holding NV Technology	Reduced	2,446	-30	$3,230,750	+22.0%	0.70%
GOOGL	Alphabet Inc. Communication Services	Added	9,854	+536	$2,833,616	−2.8%	0.62%
LRCX	Lam Research Corp Technology	Reduced	13,230	-2,305	$2,826,721	+6.3%	0.61%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	32,957	-5,511	$1,740,788	−29.0%	0.38%
FISV	Fiserv Inc	Reduced	29,333	-2,060	$1,636,781	−22.4%	0.36%
XOM	Exxon Mobil Corp Energy	Reduced	9,153	-1,041	$1,552,897	+26.6%	0.34%
KLAC	Kla Corp Technology	Reduced	933	-17	$1,373,758	+1090.1%	0.30%