Cercano Management LLC
- SEC CIK
- 0001936416
- Latest filing
- Aug 13, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 13, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 148
- −26 vs. Q4 2024
- Portfolio value
- $3.40B
- −$521.5M (−13.3%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| MSFTMicrosoft Corp | Stock | 954,335 | $358.2M | 10.5% | −142,881−13.0% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 1,069,783 | $252.7M | 7.4% | 00.0% | Unchanged | History |
| XPOXPO, Inc. | COM | 2,159,973 | $232.4M | 6.8% | −141,514−6.1% | Reduced | History |
| Invesco Exchange Traded FD T46137V357 | S&P500 EQL WGT | 800,864 | $138.7M | 4.1% | −666,040−45.4% | Reduced | – |
| METAMeta Platforms, Inc. | Stock | 229,413 | $132.2M | 3.9% | +627+0.3% | Added | History |
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 892,458 | $130.3M | 3.8% | +307,702+52.6% | Added | – |
| COOPMaverick Merger Sub 2, LLC | COM | 855,308 | $102.3M | 3.0% | +64,555+8.2% | Added | History |
| NVDANVIDIA Corp | Stock | 899,052 | $97.4M | 2.9% | +231,657+34.7% | Added | History |
| VVisa Inc. | Stock | 259,580 | $91.0M | 2.7% | 00.0% | Unchanged | History |
| AMZNAmazon Com Inc | Stock | 476,494 | $90.7M | 2.7% | −228,635−32.4% | Reduced | History |
| SCHWSchwab Charles Corp | Stock | 1,135,480 | $88.9M | 2.6% | 00.0% | Unchanged | History |
| QXOQXO, Inc. | COM NEW | 6,564,550 | $88.9M | 2.6% | 00.0% | Unchanged | History |
| MCOMoodys Corp | Stock | 170,169 | $79.2M | 2.3% | −26,577−13.5% | Reduced | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 141,074 | $78.9M | 2.3% | −7,627−5.1% | Reduced | History |
| UNHUnitedHealth Group Inc | Stock | 149,044 | $78.1M | 2.3% | +9,207+6.6% | Added | History |
| NVEENV5 Global, Inc. | COM | 3,925,599 | $75.6M | 2.2% | 00.0% | Unchanged | History |
| SPGIS&P Global Inc. | Stock | 127,294 | $64.7M | 1.9% | 00.0% | Unchanged | History |
| UBERUber Technologies, Inc | Stock | 859,813 | $62.6M | 1.8% | +2,105+0.2% | Added | History |
| AAPLApple Inc. | Stock | 275,799 | $61.3M | 1.8% | +78,404+39.7% | Added | History |
| GOOGAlphabet Inc. | Stock | 350,272 | $54.7M | 1.6% | −55,286−13.6% | Reduced | History |
| APDAir Products & Chemicals, Inc. | Stock | 185,296 | $54.6M | 1.6% | +185,296 | New | History |
| GOOGLAlphabet Inc. | Stock | 296,063 | $45.8M | 1.3% | +32,178+12.2% | Added | History |
| SBUXStarbucks Corp | Stock | 425,653 | $41.8M | 1.2% | +128,445+43.2% | Added | History |
| APOApollo Global Management, Inc. | COM | 297,985 | $40.8M | 1.2% | 00.0% | Unchanged | History |
| TDGTransDigm Group INC | COM | 29,419 | $40.7M | 1.2% | −1,370−4.4% | Reduced | History |
| NOCNorthrop Grumman Corp | Stock | 77,395 | $39.6M | 1.2% | +76,958+17,610.5% | Added | History |
| PANWPalo Alto Networks Inc | Stock | 213,579 | $36.4M | 1.1% | +194,375+1,012.2% | Added | History |
| PWRQuanta Services, Inc. | COM | 140,119 | $35.6M | 1.0% | +140,119 | New | History |
| SPDR Series Trust78464A284 | ST NUVE HIGH ETF | 1,387,825 | $35.0M | 1.0% | +973,525+235.0% | Added | – |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 393,388 | $32.1M | 0.9% | +393,388 | New | – |
| MLMMartin Marietta Materials Inc | COM | 63,669 | $30.4M | 0.9% | 00.0% | Unchanged | History |
| GLDSPDR Gold Trust | ETF | 102,005 | $29.4M | 0.9% | −26,862−20.8% | Reduced | History |
| State Street Utilities Select Sector SPDR ETF81369Y886 | ETF | 342,407 | $27.0M | 0.8% | 00.0% | Unchanged | – |
| WMSAdvanced Drainage Systems, Inc. | COM | 248,372 | $27.0M | 0.8% | −9,758−3.8% | Reduced | History |
| DBX ETF Tr233051432 | XTRACK USD HIGH | 706,147 | $25.5M | 0.7% | −831,025−54.1% | Reduced | – |
| MRSHMarsh & McLennan Companies, Inc. | Stock | 99,304 | $24.2M | 0.7% | +99,304 | New | History |
| GRABGrab Holdings Ltd | CLASS A ORD | 5,286,833 | $23.9M | 0.7% | 00.0% | Unchanged | History |
| PGRProgressive Corp | Stock | 76,175 | $21.6M | 0.6% | −58,218−43.3% | Reduced | History |
| FROGJFrog Ltd | Stock | 669,682 | $21.4M | 0.6% | −139,433−17.2% | Reduced | History |
| KRKroger Co | Stock | 307,616 | $20.8M | 0.6% | +307,616 | New | History |
| NKENIKE, Inc. | Stock | 327,194 | $20.8M | 0.6% | +327,194 | New | History |
| FCNFti Consulting, Inc | COM | 119,739 | $19.6M | 0.6% | +119,739 | New | History |
| PDOPIMCO Dynamic Income Opportunities Fund | COM BEN SHS | 1,370,793 | $19.0M | 0.6% | +883,339+181.2% | Added | History |
| DDOGDatadog, Inc. | CL A COM | 188,470 | $18.7M | 0.5% | +3,881+2.1% | Added | History |
| OWLBlue Owl Capital Inc. | COM CL A | 883,285 | $17.7M | 0.5% | +883,285 | New | History |
| ISRGIntuitive Surgical Inc | COM NEW | 31,463 | $15.6M | 0.5% | +30,842+4,966.5% | Added | History |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 151,570 | $15.0M | 0.4% | 00.0% | Unchanged | – |
| SPDR Series Trust78468R739 | ST NUVE TERM ETF | 314,202 | $15.0M | 0.4% | +314,202 | New | – |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 159,810 | $14.9M | 0.4% | 00.0% | Unchanged | – |
| ARQTArcutis Biotherapeutics, Inc. | COM | 928,701 | $14.5M | 0.4% | −326,664−26.0% | Reduced | History |
| IBKRInteractive Brokers Group, Inc. | Stock | 87,193 | $14.4M | 0.4% | 00.0% | Unchanged | History |
| ROSTRoss Stores, Inc. | COM | 110,593 | $14.1M | 0.4% | 00.0% | Unchanged | History |
| SLViShares Silver Trust | ETF | 388,503 | $12.0M | 0.4% | −356,820−47.9% | Reduced | History |
| Vanguard Morningstar Value ETF922908744 | ETF | 69,120 | $11.9M | 0.4% | 00.0% | Unchanged | – |
| TKOTKO Group Holdings, Inc. | CL A | 75,095 | $11.5M | 0.3% | 00.0% | Unchanged | History |
| JAZZJazz Pharmaceuticals plc | SHS USD | 88,389 | $11.0M | 0.3% | −23,981−21.3% | Reduced | History |
| State Street SPDR Portfolio S&P 500 High Dividend ETF78468R788 | ETF | 217,913 | $9.64M | 0.3% | 00.0% | Unchanged | – |
| BKSYBlackSky Technology Inc. | CL A NEW | 1,243,976 | $9.62M | 0.3% | 00.0% | Unchanged | History |
| DNLIDenali Therapeutics Inc. | COM | 625,000 | $8.50M | 0.2% | 00.0% | Unchanged | History |
| RELYRemitly Global, Inc. | COM | 380,087 | $7.91M | 0.2% | 00.0% | Unchanged | History |
| LIONLionsgate Studios Corp. | COM | 983,767 | $7.35M | 0.2% | 00.0% | Unchanged | History |
| iShares Russell 2000 ETF464287655 | ETF | 31,284 | $6.24M | 0.2% | 00.0% | Unchanged | – |
| NAUTNautilus Biotechnology, Inc. | COM | 7,172,985 | $6.18M | 0.2% | 00.0% | Unchanged | History |
| ALNYAlnylam Pharmaceuticals, Inc. | COM | 20,772 | $5.61M | 0.2% | +20,772 | New | History |
| IBITiShares Bitcoin Trust ETF | ETF | 117,140 | $5.48M | 0.2% | 00.0% | Unchanged | History |
| MCKMcKesson Corp | Stock | 6,717 | $4.52M | 0.1% | −17,045−71.7% | Reduced | History |
| EPDEnterprise Products Partners L.P. | Stock | 120,021 | $4.10M | 0.1% | 00.0% | Unchanged | History |
| Vanguard S&P 500 ETF922908363 | ETF | 7,883 | $4.05M | 0.1% | 00.0% | Unchanged | – |
| ETEnergy Transfer LP | COM UT LTD PTN | 209,295 | $3.89M | 0.1% | 00.0% | Unchanged | History |
| IAUiShares Gold Trust | ETF | 59,869 | $3.53M | 0.1% | 00.0% | Unchanged | History |
| TRTXTPG RE Finance Trust, Inc. | COM | 401,607 | $3.27M | 0.1% | 00.0% | Unchanged | History |
| INSWInternational Seaways, Inc. | COM | 96,624 | $3.21M | 0.1% | −22,461−18.9% | Reduced | History |
| PIMCO ETF Tr72201R866 | INTER MUN BD ACT | 57,483 | $2.96M | 0.1% | 00.0% | Unchanged | – |
| iShares Tr464287812 | US CONSM STAPLES | 35,665 | $2.55M | 0.1% | +35,665 | New | – |
| Sandstorm Gold Ltd Com New80013R206 | Stock | 317,098 | $2.39M | 0.1% | −178,932−36.1% | Reduced | – |
| AVGOBroadcom Inc. | Stock | 12,959 | $2.17M | 0.1% | −481−3.6% | Reduced | History |
| GPORGulfport Energy Corp | COMMON SHARES | 11,391 | $2.10M | 0.1% | −6,427−36.1% | Reduced | History |
| PSXPhillips 66 | Stock | 16,290 | $2.01M | 0.1% | −22,669−58.2% | Reduced | History |
| COSTCostco Wholesale Corp | Stock | 1,985 | $1.88M | 0.1% | +1,273+178.8% | Added | History |
| HLMNHillman Solutions Corp. | COM | 197,945 | $1.74M | 0.1% | 00.0% | Unchanged | History |
| PAAPlains All American Pipeline LP | UNIT LTD PARTN | 85,192 | $1.70M | 0.1% | 00.0% | Unchanged | History |
| WUWestern Union CO | Stock | 149,869 | $1.59M | <0.1% | 00.0% | Unchanged | History |
| STWDStarwood Property Trust, Inc. | COM | 79,029 | $1.56M | <0.1% | 00.0% | Unchanged | History |
| MAMastercard Inc | Stock | 2,574 | $1.41M | <0.1% | 00.0% | Unchanged | History |
| NFLXNetflix Inc | Stock | 1,332 | $1.24M | <0.1% | 00.0% | Unchanged | History |
| WMTWalmart Inc. | Stock | 13,635 | $1.20M | <0.1% | 00.0% | Unchanged | History |
| BRK.BBerkshire Hathaway Inc | Stock | 2,230 | $1.19M | <0.1% | +861+62.9% | Added | History |
| SPDR Series Trust78464A672 | ST INTER ETF | 35,199 | $1.01M | <0.1% | +35,199 | New | – |
| LLYEli Lilly & Co | Stock | 1,105 | $912.6K | <0.1% | 00.0% | Unchanged | History |
| BACBank of America Corp | Stock | 21,750 | $907.6K | <0.1% | 00.0% | Unchanged | History |
| HDHome Depot, Inc. | Stock | 2,430 | $890.6K | <0.1% | 00.0% | Unchanged | History |
| TSLATesla, Inc. | Stock | 3,048 | $789.9K | <0.1% | −449−12.8% | Reduced | History |
| SPOTSpotify Technology S.A. | Stock | 1,347 | $740.9K | <0.1% | 00.0% | Unchanged | History |
| PGProcter & Gamble Co | Stock | 4,272 | $728.0K | <0.1% | 00.0% | Unchanged | History |
| CATCaterpillar Inc | Stock | 2,180 | $719.0K | <0.1% | 00.0% | Unchanged | History |
| MRKMerck & Co., Inc. | Stock | 7,730 | $693.8K | <0.1% | 00.0% | Unchanged | History |
| ETNEaton Corp plc | Stock | 2,550 | $693.2K | <0.1% | 00.0% | Unchanged | History |
| TXNTexas Instruments Inc | Stock | 3,563 | $640.3K | <0.1% | 00.0% | Unchanged | History |
| LRCXLam Research Corp | Stock | 8,560 | $622.3K | <0.1% | 00.0% | Unchanged | History |
| FANGDiamondback Energy, Inc. | Stock | 3,566 | $570.1K | <0.1% | 00.0% | Unchanged | History |
Sold out since Q4 2024 (42)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| LENLennar Corp | CL A | 395,605 | $53.9M | 1.4% | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 220,931 | $43.6M | 1.1% | History |
| DELLDell Technologies Inc. | Stock | 307,210 | $35.4M | 0.9% | History |
| JPMJPMorgan Chase & Co | Stock | 124,024 | $29.7M | 0.8% | History |
| OMFOneMain Holdings, Inc. | COM | 552,320 | $28.8M | 0.7% | History |
| STRLSterling Infrastructure, Inc. | COM | 144,965 | $24.4M | 0.6% | History |
| MDYSPDR S&P Midcap 400 ETF Trust | ETF | 41,196 | $23.5M | 0.6% | History |
| iShares Inc464286285 | JP MRGN EM HI BD | 521,404 | $19.8M | 0.5% | – |
| CHEFChefs' Warehouse, Inc. | COM | 374,708 | $18.5M | 0.5% | History |
| WALWestern Alliance Bancorporation | COM | 212,027 | $17.7M | 0.5% | History |
| DORMDorman Products, Inc. | COM | 126,036 | $16.3M | 0.4% | History |
| HLTHilton Worldwide Holdings Inc. | COM | 66,039 | $16.3M | 0.4% | History |
| State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853 | ETF | 349,954 | $15.7M | 0.4% | – |
| ZETAZeta Global Holdings Corp. | CL A | 860,202 | $15.5M | 0.4% | History |
| KLACKLA Corp | COM NEW | 24,121 | $15.2M | 0.4% | History |
| iShares Inc464286509 | MSCI CDA ETF | 291,900 | $11.8M | 0.3% | – |
| EMDWestern Asset Emerging Markets Debt Fund Inc. | COM | 1,181,316 | $11.4M | 0.3% | History |
| TMUST-Mobile US, Inc. | Stock | 47,003 | $10.4M | 0.3% | History |
| SPDR Ser Tr78464A532 | S&P TRANSN ETF | 85,434 | $7.41M | 0.2% | – |
| DXCMDexcom Inc | COM | 95,136 | $7.40M | 0.2% | History |
| ProShares Tr74347B201 | PSHS ULTSH 20YRS | 135,916 | $4.98M | 0.1% | – |
| KGCKinross Gold Corp | COM | 529,101 | $4.90M | 0.1% | History |
| CSXCSX Corp | Stock | 150,870 | $4.87M | 0.1% | History |
| State Street SPDR S&P Regional Banking ETF78464A698 | ETF | 75,718 | $4.57M | 0.1% | – |
| DTDynatrace, Inc. | Stock | 74,101 | $4.03M | 0.1% | History |
| State Street SPDR S&P Bank ETF78464A797 | ETF | 65,601 | $3.64M | 0.1% | – |
| NBIXNeurocrine Biosciences Inc | Stock | 24,000 | $3.28M | 0.1% | History |
| ORCLOracle Corp | Stock | 19,133 | $3.19M | 0.1% | History |
| MTDRMatador Resources Co | COM | 56,578 | $3.18M | 0.1% | History |
| Ssga Active ETF Tr78467V608 | ST STR BL LN ETF | 71,523 | $2.98M | 0.1% | – |
| OCSLOaktree Specialty Lending Corp | COM | 180,413 | $2.76M | 0.1% | History |
| DALDelta Air Lines, Inc. | COM NEW | 44,965 | $2.72M | 0.1% | History |
| ACGLArch Capital Group Ltd. | Stock | 22,500 | $2.08M | 0.1% | History |
| TCPCBlackRock TCP Capital Corp. | COM | 148,400 | $1.29M | <0.1% | History |
| CRMSalesforce, Inc. | Stock | 844 | $282.2K | <0.1% | History |
| GISGeneral Mills Inc | Stock | 3,658 | $233.3K | <0.1% | History |
| PYPLPayPal Holdings, Inc. | Stock | 2,665 | $227.5K | <0.1% | History |
| WLKWestlake Corp | COM | 1,978 | $226.8K | <0.1% | History |
| AAgilent Technologies, Inc. | COM | 1,666 | $223.8K | <0.1% | History |
| EXPEExpedia Group, Inc. | Stock | 1,158 | $215.8K | <0.1% | History |
| LVSLas Vegas Sands Corp | COM | 4,065 | $208.8K | <0.1% | History |
| LYBLyondellBasell Industries N.V. | SHS - A - | 2,809 | $208.6K | <0.1% | History |