Institutional Manager · CIK 0001801523
Perennial Investment Advisors, LLC
Los Angeles, CA · File #028-19784
Latest AUM
$1.27B
Positions
511
Top-10 Concentration
54.8%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | TESLA INC | TSLA | -120,569 | -$54.2M | +$604,352 |
| REDUCE | BROADCOM INC | AVGO | -19,411 | -$6.7M | +$322,306 |
| REDUCE | ALPHABET INC | GOOG | -21,382 | -$6.7M | +$1.6M |
| ADD | SPDR SERIES TRUST | 78468R812 | +34,342 | +$6.0M | +$787,647 |
| NEW | VANECK FDS | 92107P772 | +108,926 | +$5.5M | $0 |
| ADD | ISHARES TR | 464289438 | +18,153 | +$5.0M | +$396,468 |
| ADD | BLACKROCK ETF TRUST | BLK | +127,872 | +$4.3M | -$186,730 |
| ADD | NETFLIX INC | NFLX | +43,825 | +$4.1M | -$5.3M |
| REDUCE | ISHARES TR | 464287721 | -19,271 | -$3.9M | +$461,268 |
| ADD | SELECT SECTOR SPDR TR | 81369Y803 | +25,320 | +$3.6M | -$2.7M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025511 pos · $1.27B
- 13F HOLDINGS REPORTQ/E Sep 2025482 pos · $1.21B
- 13F HOLDINGS REPORTQ/E Jun 2025475 pos · $1.04B
- 13F HOLDINGS REPORTQ/E Mar 2025434 pos · $889.3M
- 13F HOLDINGS REPORTQ/E Dec 2024407 pos · $849.0M
- 13F HOLDINGS REPORTQ/E Sep 2024401 pos · $771.9M
- 13F HOLDINGS REPORTQ/E Jun 2024371 pos · $700.8M
- 13F HOLDINGS REPORTQ/E Mar 2024358 pos · $658.9M
- 13F HOLDINGS REPORTQ/E Dec 2023354 pos · $553.7M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 334,772 | $62.4M | 7.58% |
| 2 | SPDR SERIES TRUST | 78464A409 | 499,979 | $53.3M | 6.47% |
| 3 | INVESCO EXCHANGE TRADED FD T | IVZ | 706,373 | $53.0M | 6.43% |
| 4 | SPDR SERIES TRUST | 78468R812 | 298,342 | $52.0M | 6.31% |
| 5 | SPDR SERIES TRUST | 78464A508 | 852,199 | $48.4M | 5.88% |
| 6 | TESLA INC | TSLA | 99,937 | $44.9M | 5.45% |
| 7 | APPLE INC | AAPL | 163,791 | $44.5M | 5.40% |
| 8 | ISHARES TR | 464289438 | 139,155 | $38.6M | 4.68% |
| 9 | FIRST TR EXCHANGE TRADED FD | 33738R506 | 445,635 | $31.0M | 3.76% |
| 10 | BLACKROCK ETF TRUST | BLK | 383,524 | $23.3M | 2.83% |
| 11 | SPDR S&P 500 ETF TR | SPY | 29,636 | $20.2M | 2.45% |
| 12 | ISHARES TR | 464287721 | 100,538 | $20.1M | 2.44% |
| 13 | AMAZON COM INC | AMZN | 73,305 | $16.9M | 2.05% |
| 14 | MICROSOFT CORP | MSFT | 34,178 | $16.5M | 2.01% |
| 15 | VANGUARD INDEX FDS | 922908769 | 38,683 | $13.0M | 1.57% |
| 16 | INVESCO QQQ TR | IVZ | 20,289 | $12.5M | 1.51% |
| 17 | SPDR SERIES TRUST | 78464A854 | 145,781 | $11.7M | 1.42% |
| 18 | BLACKROCK ETF TRUST | BLK | 344,594 | $11.5M | 1.39% |
| 19 | VANGUARD INDEX FDS | 922908736 | 23,218 | $11.3M | 1.37% |
| 20 | PACER FDS TR | 69374H881 | 179,657 | $10.8M | 1.31% |