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Livermore
Livermore
ZHEN

Cercano Management LLC

SEC CIK
0001936416
Latest filing
Aug 13, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 2, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
111
−3 vs. Q1 2023
Portfolio value
$2.88B
+$374.8M (+15.0%) vs. Q1 2023
Filed
Aug 2, 2023
SEC
Holdings of Cercano Management LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
MSFTMicrosoft CorpStock1,389,670$473.2M16.4%−106,862−7.1%ReducedHistory
UNPUnion Pacific CorpStock1,488,489$304.6M10.6%−115,646−7.2%ReducedHistory
XPOXPO, Inc.COM3,614,053$213.2M7.4%+1,070,915+42.1%AddedHistory
NVEENV5 Global, Inc.COM1,239,832$137.3M4.8%00.0%UnchangedHistory
SCHWSchwab Charles CorpStock1,637,925$92.8M3.2%+711,705+76.8%AddedHistory
GOOGAlphabet Inc.Stock563,793$68.2M2.4%00.0%UnchangedHistory
SGENSeagen Inc.COM319,038$61.4M2.1%+319,038NewHistory
AMZNAmazon Com IncStock455,916$59.4M2.1%+144,535+46.4%AddedHistory
MCOMoodys CorpStock169,948$59.1M2.1%00.0%UnchangedHistory
DBX ETF Tr233051432XTRACK USD HIGH1,537,172$53.0M1.8%00.0%Unchanged–
VVisa Inc.Stock214,014$50.8M1.8%00.0%UnchangedHistory
UNHUnitedHealth Group IncStock104,185$50.1M1.7%00.0%UnchangedHistory
SPGIS&P Global Inc.Stock121,034$48.5M1.7%00.0%UnchangedHistory
ADIAnalog Devices IncStock231,598$45.1M1.6%00.0%UnchangedHistory
CPCanadian Pacific Kansas City LtdCOM551,160$44.5M1.5%+158,905+40.5%AddedHistory
Invesco QQQ Trust Series I46090E103ETF118,286$43.7M1.5%+118,286New–
CHTRCharter Communications, Inc.CL A100,194$36.8M1.3%+5,768+6.1%AddedHistory
FTNTFortinet, Inc.Stock438,759$33.2M1.2%+76,282+21.0%AddedHistory
SHWSherwin Williams CoCOM122,581$32.5M1.1%+36,501+42.4%AddedHistory
NOCNorthrop Grumman CorpStock71,109$32.4M1.1%−5,193−6.8%ReducedHistory
METAMeta Platforms, Inc.Stock112,012$32.1M1.1%−66,881−37.4%ReducedHistory
AMATApplied Materials IncStock202,557$29.3M1.0%+62,466+44.6%AddedHistory
IBKRInteractive Brokers Group, Inc.Stock351,758$29.2M1.0%+351,758NewHistory
ATVIActivision Blizzard, Inc.COM342,147$28.8M1.0%+80,070+30.6%AddedHistory
PGNYProgyny, Inc.COM709,356$27.9M1.0%+709,356NewHistory
NAUTNautilus Biotechnology, Inc.COM7,172,985$27.8M1.0%00.0%UnchangedHistory
GTMZoomInfo Technologies Inc.Stock1,086,954$27.6M1.0%+1,086,954NewHistory
ELVElevance Health, Inc.Stock61,043$27.1M0.9%+41,746+216.3%AddedHistory
WSTWest Pharmaceutical Services IncCOM69,451$26.6M0.9%+31,334+82.2%AddedHistory
iShares Russell 2000 ETF464287655ETF137,700$25.8M0.9%+137,700New–
VRTXVertex Pharmaceuticals IncStock70,222$24.7M0.9%+5,101+7.8%AddedHistory
LAURLaureate Education, Inc.COMMON STOCK1,917,147$23.2M0.8%00.0%UnchangedHistory
BKSYBlackSky Technology Inc.COM CL A9,951,809$22.1M0.8%00.0%UnchangedHistory
DDOGDatadog, Inc.CL A COM220,541$21.7M0.8%+51,055+30.1%AddedHistory
OMFOneMain Holdings, Inc.COM487,246$21.3M0.7%+159,699+48.8%AddedHistory
MCKMcKesson CorpStock46,855$20.0M0.7%+46,855NewHistory
EWBCEast West Bancorp IncCOM374,478$19.8M0.7%+374,478NewHistory
DLTRDollar Tree, Inc.COM129,381$18.6M0.6%00.0%UnchangedHistory
DNLIDenali Therapeutics Inc.COM625,000$18.4M0.6%00.0%UnchangedHistory
PWRQuanta Services, Inc.COM93,437$18.4M0.6%−63,270−40.4%ReducedHistory
MAMastercard IncStock46,601$18.3M0.6%00.0%UnchangedHistory
GRABGrab Holdings LtdCLASS A ORD5,286,833$18.1M0.6%00.0%UnchangedHistory
PLDPrologis, Inc.REIT133,684$16.4M0.6%00.0%UnchangedHistory
CDNSCadence Design Systems IncStock68,457$16.1M0.6%+68,457NewHistory
SHLSShoals Technologies Group, Inc.CL A627,868$16.0M0.6%+231,646+58.5%AddedHistory
BATRKAtlanta Braves Holdings, Inc.COM C BRAVES GRP395,678$15.7M0.5%00.0%UnchangedHistory
DELLDell Technologies Inc.Stock283,618$15.3M0.5%+283,618NewHistory
WOLFWolfspeed, Inc.Stock270,592$15.0M0.5%+141,290+109.3%AddedHistory
Ssga Active ETF Tr78467V608ST STR BL LN ETF352,776$14.8M0.5%00.0%Unchanged–
INVHInvitation Homes Inc.COM419,847$14.4M0.5%00.0%UnchangedHistory
RELYRemitly Global, Inc.COM760,175$14.3M0.5%00.0%UnchangedHistory
CTASCintas CorpStock28,429$14.1M0.5%−19,787−41.0%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR138,300$14.0M0.5%+138,300NewHistory
LAMRLamar Advertising CoREIT138,533$13.7M0.5%00.0%UnchangedHistory
GBCIGlacier Bancorp, Inc.COM415,157$12.9M0.4%−50,253−10.8%ReducedHistory
UDRUDR, Inc.COM294,331$12.6M0.4%00.0%UnchangedHistory
FROGJFrog LtdStock439,706$12.2M0.4%00.0%UnchangedHistory
RGENRepligen CorpCOM82,161$11.6M0.4%+19,152+30.4%AddedHistory
SOVOSovos Brands, Inc.COM579,957$11.3M0.4%+390,157+205.6%AddedHistory
SSentinelOne, Inc.CL A736,058$11.1M0.4%00.0%UnchangedHistory
ORLYO Reilly Automotive IncStock11,617$11.1M0.4%00.0%UnchangedHistory
WELLWelltower Inc.REIT133,289$10.8M0.4%00.0%UnchangedHistory
ONTOnterris, Inc.COM235,254$9.91M0.3%00.0%UnchangedHistory
NVDANVIDIA CorpStock23,256$9.84M0.3%+23,256NewHistory
WYWeyerhaeuser CoCOM NEW275,331$9.23M0.3%00.0%UnchangedHistory
LOWLowes Companies IncStock40,264$9.09M0.3%00.0%UnchangedHistory
RPCRidgepost Capital, Inc.CL A COM742,412$8.39M0.3%00.0%UnchangedHistory
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF81,922$7.52M0.3%+81,922New–
CUZCousins Properties IncCOM NEW324,150$7.39M0.3%00.0%UnchangedHistory
RXRXRecursion Pharmaceuticals, Inc.CL A978,051$7.31M0.3%00.0%UnchangedHistory
AREAlexandria Real Estate Equities, Inc.COM60,321$6.85M0.2%00.0%UnchangedHistory
HIWHighwoods Properties, Inc.COM281,136$6.72M0.2%00.0%UnchangedHistory
COLDAmericold Realty TrustCOM153,187$4.95M0.2%00.0%UnchangedHistory
AVBAvalonbay Communities IncCOM25,995$4.92M0.2%00.0%UnchangedHistory
CPTCamden Property TrustREIT44,980$4.90M0.2%00.0%UnchangedHistory
iShares Inc464286103MSCI AUST ETF213,129$4.81M0.2%00.0%Unchanged–
PAYOPayoneer Global Inc.COM800,000$3.85M0.1%00.0%UnchangedHistory
KWKennedy-Wilson Holdings, Inc.COM224,114$3.66M0.1%00.0%UnchangedHistory
AAPLApple Inc.Stock16,431$3.19M0.1%00.0%UnchangedHistory
EXRExtra Space Storage Inc.COM21,106$3.14M0.1%−52,765−71.4%ReducedHistory
ETEnergy Transfer LPCOM UT LTD PTN246,125$3.13M0.1%+200+0.1%AddedHistory
iShares Tr46436E7180-3 MTH TREASURY26,434$2.66M0.1%+26,434New–
MDTMedtronic plcStock23,800$2.10M0.1%00.0%UnchangedHistory
PSXPhillips 66Stock18,500$1.76M0.1%+18,500NewHistory
SNOWSnowflake Inc.Stock8,436$1.48M0.1%00.0%UnchangedHistory
NEENextera Energy IncStock19,907$1.48M0.1%+6,707+50.8%AddedHistory
TEAMAtlassian CorpCL A8,345$1.40M<0.1%+8,345NewHistory
WFCWells Fargo & CompanyStock23,474$1.00M<0.1%+23,474NewHistory
RTXRTX CorpStock10,000$979.6K<0.1%+10,000NewHistory
WALWestern Alliance BancorporationCOM26,350$961.0K<0.1%+26,350NewHistory
CVXChevron CorpStock4,407$693.4K<0.1%00.0%UnchangedHistory
GOOGLAlphabet Inc.Stock5,000$598.5K<0.1%00.0%UnchangedHistory
PSAPublic StorageCOM1,983$578.8K<0.1%00.0%UnchangedHistory
CAGConagra Brands Inc.Stock17,000$573.2K<0.1%00.0%UnchangedHistory
EPDEnterprise Products Partners L.P.Stock16,447$433.4K<0.1%00.0%UnchangedHistory
MOAltria Group, Inc.Stock9,256$419.3K<0.1%00.0%UnchangedHistory
iShares Tr464287234MSCI EMG MKT ETF9,500$375.8K<0.1%00.0%Unchanged–
TAT&T Inc.Stock21,000$334.9K<0.1%00.0%UnchangedHistory
BTIBritish American Tobacco p.l.c.SPONSORED ADR7,400$245.7K<0.1%00.0%UnchangedHistory
iShares Tr464288687PFD AND INCM SEC7,933$245.4K<0.1%−1,999−20.1%Reduced–

Sold out since Q1 2023 (22)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of Cercano Management LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
SPDR Series Trust78468R622ST BLOO HIGH ETF1,848,940$171.6M6.9%–
PIMCO ETF Tr72201R7830-5 HIGH YIELD730,818$66.7M2.7%–
PGNYProgyny, Inc.COM570,285$18.3M0.7%History
EWEdwards Lifesciences CorpStock212,030$17.5M0.7%History
CMCSAComcast CorpStock442,441$16.8M0.7%History
INTUIntuit Inc.Stock27,392$12.2M0.5%History
MUMicron Technology IncStock158,529$9.57M0.4%History
MCDMcDonalds CorpStock32,201$9.00M0.4%History
LADLithia Motors IncCOM38,728$8.87M0.4%History
APLSApellis Pharmaceuticals, Inc.COM99,912$6.59M0.3%History
iShares Core S&P Small Cap ETF464287804ETF48,845$4.72M0.2%–
EQIXEquinix IncCOM3,694$2.66M0.1%History
TTCToro CoCOM10,255$1.14M<0.1%History
SGTXSigilon Therapeutics, Inc.COM884,920$823.1K<0.1%History
BMYBristol Myers Squibb CoStock9,000$623.8K<0.1%History
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD6,000$457.4K<0.1%–
XOMExxonMobil Holdings CorpCOM4,000$438.6K<0.1%History
MMM3M CoStock3,600$378.4K<0.1%History
HPEHewlett Packard Enterprise CoCOM19,000$302.7K<0.1%History
BNBROOKFIELD CorpCL A LTD VT SH4,287$139.7K<0.1%History
BAMBrookfield Asset Management Ltd.CL A LMT VTG SHS1,071$35.0K<0.1%History
OZKBank OZKCOM45$1.54K<0.1%History