Perennial Investment Advisors, LLC

Q4 2025 13F-HR Holdings

Location
Los Angeles, CA
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
511
Total value ($000)
$1,268,174
Net value change ($000)
+55,184 (4.5%)
New positions
37
Sold out positions
22
Turnover %
2.0%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
QUS 6,770 15.0%
EMBX 5,517 NEW
IWY 5,426 16.4%
SPYV 4,076 9.2%
BAI 4,072 55.0%
RDVY 2,921 10.4%
AAPL 2,708 6.5%
GOOGL 2,145 32.5%
GOOGL 1,898 33.3%
SLV 1,892 52.3%
Top Reduces (Value $000, Stocks/ETFs)
TSLA -8,810 -16.4%
IYW -3,389 -14.4%
TLT -2,967 -26.7%
NEAR -2,586 -80.3%
SPGP -1,811 -17.6%
NVDA -1,669 -2.6%
NFLX -1,214 -21.0%
CLIP -1,179 -10.8%
CVX -897 -28.9%
MSTR -879 -52.1%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 3,337 (0.3% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type