Alaska Permanent Capital Management, LLC

Alaska Permanent Capital Management's $1.43B Q1 2026 13F is a passive core portfolio built from 38 ETFs with a notable tilt toward infrastructure, dividend, and bond-income strategies. SPY and IVV anchor the equity side at 25%, IJH adds mid-cap exposure at 11.2%, and NFRA (FlexShares Infrastructure) and PAVE (Global X Infrastructure) together account for 6.2% of the book. The manager increased bond exposure across the board — BND up 16.7%, BNDX up 15.1%, VTIP up 16% — while adding fresh satellite positions in First Trust Nasdaq (FTXL) and PAVE infrastructure. IEFA was the largest reduction, cut 16% in shares. The whaleScore of 74.75 measures the scale of a systematic core allocation, not individual stock selection.