Perpetual Ltd

Other Low signal CIK 1647273
League rank
#1639
in Other · #6828 overall
Long book
$6.52B
Q1 2026
Positions
424
Top-10 weight
31%
concentration
Last quarter
+6.5%
SPY +14.8%
Turnover
17%
of book per quarter

Strategy in plain words

auto-generated from filings

Perpetual Ltd is an institutional manager, running a $6.52B US long book across 424 positions.

The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SEMPRA, ATMOS ENERGY CORP, FLUTTER ENTERTAINMENT PLC-DI, INTERCONTINENTAL EXCHANGE IN, PHILIP MORRIS INTERNATIONAL.

Over the last 9 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-1.9%
Q2 2024
+9.0%
Q3 2024
-2.2%
Q4 2024
-0.6%
Q1 2025
+11.0%
Q2 2025
+4.6%
Q3 2025
+0.6%
Q4 2025
+0.1%
Q1 2026
+6.5%

Sector allocation

Industrials
17%
Technology
13%
Utilities
13%
Financials
11%
Other
10%
Materials
7%
Consumer staples
7%
Consumer discretionary
6%

Long book by quarter

$10.23B
Q1 2024
$9.20B
Q2 2024
$9.23B
Q3 2024
$8.52B
Q4 2024
$8.28B
Q1 2025
$8.52B
Q2 2025
$8.06B
Q3 2025
$6.91B
Q4 2025
$6.52B
Q1 2026

What does Perpetual Ltd own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
SRE SEMPRAUtilities3.0M$295.3M4.5%-5.3%
ATO ATMOS ENERGY CORPUtilities1.2M$229.1M3.5%-11.3%
PPB FLUTTER ENTERTAINMENT PLC-DI772.4K$224.6M3.4%-19.8%
ICE INTERCONTINENTAL EXCHANGE INFinancials1.3M$210.9M3.2%+0.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples1.2M$194.6M3.0%-18.6%
CSX CSX CORPIndustrials4.5M$186.2M2.9%-5.9%
MSFT MICROSOFT CORPTechnology480.6K$177.9M2.7%-2.2%
CRH CRH PLCIndustrials1.6M$172.5M2.6%-5.4%
UNP UNION PACIFIC CORPIndustrials690.0K$167.4M2.6%-4.0%
TMO THERMO FISHER SCIENTIFIC INCOther339.7K$167.0M2.6%+24.9%
TEL TE CONNECTIVITY PLCConsumer discretionary770.4K$161.0M2.5%New
CTVA CORTEVA INCConsumer staples1.9M$154.9M2.4%-29.3%
FCX FREEPORT-MCMORAN INCMaterials2.6M$150.3M2.3%+0.2%
TIGO MILLICOM INTL CELLULAR S.A.Communications1.8M$131.9M2.0%-14.1%
BKR BAKER HUGHES COIndustrials2.0M$120.0M1.8%New
NVDA NVIDIA CORPTechnology594.1K$103.6M1.6%-7.9%
EMR EMERSON ELECTRIC COIndustrials704.7K$92.3M1.4%-13.9%
PR PERMIAN RESOURCES CORP-CL AEnergy4.1M$86.6M1.3%+17.9%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials6.0M$86.4M1.3%+115.8%
GOOGL ALPHABET INC-CL ATechnology287.2K$82.6M1.3%-7.5%
B BARRICK MINING CORPMaterials1.9M$76.8M1.2%-20.8%
MRK MERCK & CO. INC.Healthcare594.4K$71.5M1.1%+5.5%
GEHC GE HEALTHCARE TECHNOLOGYHealthcare999.4K$71.1M1.1%+117.7%
CVX CHEVRON CORPEnergy343.3K$71.0M1.1%+17.8%
NWS NEWS CORP - CLASS BOther2.5M$70.9M1.1%+1193.7%
PNW PINNACLE WEST CAPITALUtilities588.3K$59.3M0.9%+17.9%
HPE HEWLETT PACKARD ENTERPRISETechnology2.4M$58.0M0.9%+71.2%
AMZN AMAZON.COM INCConsumer discretionary269.0K$56.0M0.9%-6.0%
AVGO BROADCOM INCTechnology180.5K$55.9M0.9%-4.5%
MELI MERCADOLIBRE INCServices media31.4K$54.2M0.8%-1.4%
HAL HALLIBURTON COEnergy1.3M$49.6M0.8%+16.2%
MCHP MICROCHIP TECHNOLOGY INCTechnology765.3K$49.4M0.8%+16.0%
NEM NEWMONT CORPMaterials451.1K$48.8M0.7%+9.3%
FERG FERGUSON ENTERPRISES INCConsumer discretionary207.8K$48.5M0.7%-54.0%
EG EVEREST GROUP LTDFinancials131.9K$43.1M0.7%+15.7%
APD AIR PRODUCTS & CHEMICALS INCMaterials140.7K$40.9M0.6%+17.3%
FTV FORTIVE CORPTechnology732.4K$40.5M0.6%+16.1%
ETR ENTERGY CORPUtilities352.3K$39.6M0.6%-32.2%
AXTA AXALTA COATING SYSTEMS LTDOther1.4M$38.7M0.6%+17.9%
PB PROSPERITY BANCSHARES INCFinancials574.1K$38.6M0.6%New
CCL CARNIVAL CORP LTDIndustrials1.4M$35.4M0.5%+16.9%
LPLA LPL FINANCIAL HOLDINGS INCFinancials117.6K$35.4M0.5%+15.9%
NFLX NETFLIX INCServices media366.2K$35.2M0.5%+34.9%
QCOM QUALCOMM INCTechnology272.2K$35.1M0.5%+17.6%
PCG P G & E CORPUtilities1.9M$32.6M0.5%+14.9%
GPRE GREEN PLAINS INCOther1.9M$32.0M0.5%New
LLY ELI LILLY & COHealthcare32.9K$30.3M0.5%-3.6%
AAPL APPLE INCTechnology113.4K$28.8M0.4%+6.0%
UBER UBER TECHNOLOGIES INCServices media399.9K$28.8M0.4%+33.6%
KDP KEURIG DR PEPPER INCConsumer staples1.1M$28.4M0.4%+17.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 14, 2026736$6.52B canonicalSEC ↗
Q4 202513F-HRJan 20, 2026741$6.91B canonicalSEC ↗
Q3 202513F-HROct 10, 2025660$8.06B canonicalSEC ↗
Q2 202513F-HRJul 11, 2025676$8.52B canonicalSEC ↗
Q1 202513F-HRApr 24, 2025674$8.28B canonicalSEC ↗
Q4 202413F-HRJan 17, 2025663$8.52B canonicalSEC ↗
Q3 202413F-HROct 9, 2024686$9.23B canonicalSEC ↗
Q2 202413F-HRJul 30, 2024717$9.20B canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTApr 16, 2024654$10.23B canonicalSEC ↗
Q1 202413F-HRApr 10, 2024652$10.23B SEC ↗