Cercano Management LLC
- SEC CIK
- 0001936416
- Latest filing
- Aug 13, 2026
Holdings in Q1 2026
Holdings as of Mar 31, 2026, filed May 13, 2026. Long positions only; changes compare share counts with Q4 2025.
- Positions
- 139
- −6 vs. Q4 2025
- Portfolio value
- $2.32B
- −$326.5M (−12.4%) vs. Q4 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| UNPUnion Pacific Corp | Stock | 1,050,823 | $255.0M | 11.0% | −75,785−6.7% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 608,325 | $225.2M | 9.7% | +65,589+12.1% | Added | History |
| XPOXPO, Inc. | COM | 756,536 | $147.2M | 6.4% | −1,189,460−61.1% | Reduced | History |
| Invesco Exchange Traded FD T46137V357 | S&P500 EQL WGT | 741,425 | $142.3M | 6.1% | +206,947+38.7% | Added | – |
| LLYEli Lilly & Co | Stock | 137,377 | $126.4M | 5.5% | −5,077−3.6% | Reduced | History |
| NVDANVIDIA Corp | Stock | 623,668 | $108.8M | 4.7% | −2,490−0.4% | Reduced | History |
| QXOQXO, Inc. | COM NEW | 4,813,158 | $93.5M | 4.0% | −6,002,674−55.5% | Reduced | History |
| METAMeta Platforms, Inc. | Stock | 150,454 | $86.1M | 3.7% | −553−0.4% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 288,193 | $60.0M | 2.6% | +36,654+14.6% | Added | History |
| NFLXNetflix Inc | Stock | 618,427 | $59.5M | 2.6% | +608,097+5,886.7% | Added | History |
| SCHWSchwab Charles Corp | Stock | 390,217 | $36.7M | 1.6% | 00.0% | Unchanged | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 55,788 | $36.3M | 1.6% | 00.0% | Unchanged | History |
| SPDR Series Trust78464A284 | ST NUVE HIGH ETF | 1,387,825 | $34.4M | 1.5% | 00.0% | Unchanged | – |
| BLDRBuilders FirstSource, Inc. | Stock | 386,254 | $31.8M | 1.4% | +335,126+655.5% | Added | History |
| COFCapital One Financial Corp | Stock | 173,628 | $31.7M | 1.4% | +79,058+83.6% | Added | History |
| BKSYBlackSky Technology Inc. | CL A NEW | 1,243,976 | $31.3M | 1.4% | 00.0% | Unchanged | History |
| GEVGE Vernova Inc. | Stock | 33,199 | $29.0M | 1.3% | 00.0% | Unchanged | History |
| Invesco QQQ Trust Series I46090E103 | ETF | 48,739 | $28.1M | 1.2% | 00.0% | Unchanged | – |
| NAUTNautilus Biotechnology, Inc. | COM | 7,172,985 | $27.8M | 1.2% | 00.0% | Unchanged | History |
| CEGConstellation Energy Corp | Stock | 93,085 | $26.0M | 1.1% | −7,830−7.8% | Reduced | History |
| SPDR Index Shs FDS78463X509 | ST PORT MARK ETF | 548,897 | $25.7M | 1.1% | −93,203−14.5% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 88,904 | $25.6M | 1.1% | −933−1.0% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 87,753 | $25.2M | 1.1% | +25,015+39.9% | Added | History |
| MCOMoodys Corp | Stock | 57,368 | $25.0M | 1.1% | 00.0% | Unchanged | History |
| UNHUnitedHealth Group Inc | Stock | 90,927 | $24.6M | 1.1% | 00.0% | Unchanged | History |
| VVisa Inc. | Stock | 77,438 | $23.4M | 1.0% | +399+0.5% | Added | History |
| IAUiShares Gold Trust | ETF | 254,300 | $22.4M | 1.0% | −243,222−48.9% | Reduced | History |
| SPGIS&P Global Inc. | Stock | 52,035 | $22.1M | 1.0% | 00.0% | Unchanged | History |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 162,055 | $21.5M | 0.9% | +63,607+64.6% | Added | – |
| BABoeing Co | Stock | 107,941 | $21.5M | 0.9% | +16,939+18.6% | Added | History |
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 140,876 | $20.7M | 0.9% | +89,357+173.4% | Added | – |
| TICTIC Solutions, Inc. | COM | 2,902,230 | $19.1M | 0.8% | 00.0% | Unchanged | History |
| LINLinde PLC | Stock | 36,423 | $18.1M | 0.8% | −485−1.3% | Reduced | History |
| iShares Inc464286822 | MSCI MEXICO ETF | 239,617 | $18.0M | 0.8% | 00.0% | Unchanged | – |
| PWRQuanta Services, Inc. | COM | 32,665 | $17.9M | 0.8% | −397−1.2% | Reduced | History |
| iShares Inc464286400 | MSCI BRAZIL ETF | 434,521 | $16.7M | 0.7% | −56,459−11.5% | Reduced | – |
| APOApollo Global Management, Inc. | COM | 147,599 | $16.4M | 0.7% | 00.0% | Unchanged | History |
| iShares Inc464286772 | MSCI STH KOR ETF | 132,765 | $16.3M | 0.7% | 00.0% | Unchanged | – |
| AAPLApple Inc. | Stock | 63,885 | $16.2M | 0.7% | −962−1.5% | Reduced | History |
| SHWSherwin Williams Co | COM | 49,183 | $15.8M | 0.7% | −16,609−25.2% | Reduced | History |
| LRCXLam Research Corp | Stock | 71,531 | $15.3M | 0.7% | −829−1.1% | Reduced | History |
| Vanguard Morningstar Value ETF922908744 | ETF | 69,120 | $13.6M | 0.6% | 00.0% | Unchanged | – |
| DNLIDenali Therapeutics Inc. | COM | 625,000 | $12.0M | 0.5% | 00.0% | Unchanged | History |
| COSTCostco Wholesale Corp | Stock | 10,628 | $10.6M | 0.5% | −6,511−38.0% | Reduced | History |
| Franklin Templeton ETF Tr35473P710 | FTSE SOUTH KOREA | 263,694 | $10.5M | 0.5% | 00.0% | Unchanged | – |
| State Street SPDR Portfolio S&P 500 High Dividend ETF78468R788 | ETF | 217,913 | $9.92M | 0.4% | 00.0% | Unchanged | – |
| SPDR Series Trust78468R739 | ST NUVE TERM ETF | 206,569 | $9.88M | 0.4% | −107,633−34.3% | Reduced | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 99,128 | $9.84M | 0.4% | −52,442−34.6% | Reduced | – |
| Vanguard Real Estate ETF922908553 | ETF | 106,191 | $9.42M | 0.4% | +106,191 | New | – |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 148,672 | $9.11M | 0.4% | 00.0% | Unchanged | – |
| JPMJPMorgan Chase & Co | Stock | 28,385 | $8.35M | 0.4% | −20,969−42.5% | Reduced | History |
| LPXLouisiana-Pacific Corp | COM | 113,924 | $8.29M | 0.4% | −1,486−1.3% | Reduced | History |
| Global X FDS37954Y830 | GLOBAL X COPPER | 104,678 | $7.99M | 0.3% | −2,815−2.6% | Reduced | – |
| HDHome Depot, Inc. | Stock | 23,444 | $7.71M | 0.3% | −430−1.8% | Reduced | History |
| WMTWalmart Inc. | Stock | 59,225 | $7.36M | 0.3% | −10,154−14.6% | Reduced | History |
| BACBank of America Corp | Stock | 149,560 | $7.29M | 0.3% | −71,624−32.4% | Reduced | History |
| MSMorgan Stanley | Stock | 43,762 | $7.20M | 0.3% | +40,950+1,456.3% | Added | History |
| WMSAdvanced Drainage Systems, Inc. | COM | 50,016 | $6.86M | 0.3% | −50,208−50.1% | Reduced | History |
| DHRDanaher Corp | Stock | 33,694 | $6.39M | 0.3% | −22,538−40.1% | Reduced | History |
| GRABGrab Holdings Ltd | CLASS A ORD | 1,600,000 | $5.86M | 0.3% | 00.0% | Unchanged | History |
| INSWInternational Seaways, Inc. | COM | 73,147 | $5.33M | 0.2% | −12,072−14.2% | Reduced | History |
| Franklin Templeton ETF Tr35473P744 | FTSE JAPAN ETF | 146,612 | $5.30M | 0.2% | −252,425−63.3% | Reduced | – |
| URIUnited Rentals, Inc. | COM | 7,279 | $5.30M | 0.2% | −179−2.4% | Reduced | History |
| MLMMartin Marietta Materials Inc | COM | 8,407 | $4.95M | 0.2% | −8,757−51.0% | Reduced | History |
| MCDMcDonalds Corp | Stock | 14,658 | $4.56M | 0.2% | +13,731+1,481.2% | Added | History |
| EPDEnterprise Products Partners L.P. | Stock | 120,021 | $4.54M | 0.2% | 00.0% | Unchanged | History |
| IBITiShares Bitcoin Trust ETF | ETF | 117,140 | $4.50M | 0.2% | 00.0% | Unchanged | History |
| iShares Russell 2000 ETF464287655 | ETF | 18,137 | $4.50M | 0.2% | 00.0% | Unchanged | – |
| CINFCincinnati Financial Corp | COM | 26,827 | $4.22M | 0.2% | +26,827 | New | History |
| DELLDell Technologies Inc. | Stock | 24,811 | $4.07M | 0.2% | −29,276−54.1% | Reduced | History |
| AVGOBroadcom Inc. | Stock | 12,325 | $3.81M | 0.2% | −552−4.3% | Reduced | History |
| JHXJames Hardie Industries plc | Stock | 190,661 | $3.61M | 0.2% | +190,661 | New | History |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 45,151 | $3.46M | 0.1% | 00.0% | Unchanged | – |
| TRTXTPG RE Finance Trust, Inc. | COM | 401,607 | $3.14M | 0.1% | 00.0% | Unchanged | History |
| PIMCO ETF Tr72201R866 | INTER MUN BD ACT | 57,919 | $3.02M | 0.1% | 00.0% | Unchanged | – |
| Vanguard S&P 500 ETF922908363 | ETF | 3,941 | $2.35M | 0.1% | 00.0% | Unchanged | – |
| iShares MSCI India ETF46429B598 | ETF | 46,470 | $2.18M | 0.1% | 00.0% | Unchanged | – |
| HAFNHafnia Ltd | COMMON STOCK | 264,379 | $2.03M | 0.1% | 00.0% | Unchanged | History |
| PSXPhillips 66 | Stock | 9,396 | $1.71M | 0.1% | −1,126−10.7% | Reduced | History |
| WMBWilliams Companies, Inc. | COM | 21,491 | $1.56M | 0.1% | −2,372−9.9% | Reduced | History |
| CATCaterpillar Inc | Stock | 2,180 | $1.54M | 0.1% | 00.0% | Unchanged | History |
| STWDStarwood Property Trust, Inc. | COM | 79,029 | $1.36M | 0.1% | 00.0% | Unchanged | History |
| MAMastercard Inc | Stock | 2,574 | $1.29M | 0.1% | 00.0% | Unchanged | History |
| TSLATesla, Inc. | Stock | 3,048 | $1.13M | <0.1% | 00.0% | Unchanged | History |
| Capital Group International14021T102 | SHS | 32,733 | $1.08M | <0.1% | 00.0% | Unchanged | – |
| BRK.BBerkshire Hathaway Inc | Stock | 2,238 | $1.07M | <0.1% | +869+63.5% | Added | History |
| SPDR Series Trust78464A672 | ST INTER ETF | 35,199 | $1.01M | <0.1% | 00.0% | Unchanged | – |
| AMATApplied Materials Inc | Stock | 2,896 | $989.8K | <0.1% | 00.0% | Unchanged | History |
| ETNEaton Corp plc | Stock | 2,550 | $912.1K | <0.1% | 00.0% | Unchanged | History |
| MRKMerck & Co., Inc. | Stock | 7,156 | $860.8K | <0.1% | 00.0% | Unchanged | History |
| XOMExxonMobil Holdings Corp | COM | 4,783 | $811.5K | <0.1% | +2,503+109.8% | Added | History |
| FANGDiamondback Energy, Inc. | Stock | 3,566 | $705.3K | <0.1% | 00.0% | Unchanged | History |
| TXNTexas Instruments Inc | Stock | 3,563 | $691.7K | <0.1% | 00.0% | Unchanged | History |
| TTTrane Technologies plc | SHS | 1,517 | $632.2K | <0.1% | 00.0% | Unchanged | History |
| PGProcter & Gamble Co | Stock | 4,272 | $617.0K | <0.1% | 00.0% | Unchanged | History |
| NEMNEWMONT Corp | Stock | 5,118 | $554.0K | <0.1% | 00.0% | Unchanged | History |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | ETF | 4,267 | $473.0K | <0.1% | 00.0% | Unchanged | – |
| JNJJohnson & Johnson | Stock | 1,925 | $470.5K | <0.1% | 00.0% | Unchanged | History |
| HCAHCA Healthcare, Inc. | COM | 970 | $459.0K | <0.1% | 00.0% | Unchanged | History |
| NEENextera Energy Inc | Stock | 4,824 | $448.1K | <0.1% | 00.0% | Unchanged | History |
Options (3)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| Vulcan Matls Co929160909 | CALL | – | $429.0K |
| Amazon Com Inc023135906 | CALL | – | $216.1K |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | – | $167.9K |
Sold out since Q4 2025 (15)
Positions held at the end of Q4 2025 that are gone from this filing.
| Security | Class | Shares in Q4 2025 | Value in Q4 2025 | % of portfolio in Q4 2025 | History |
|---|---|---|---|---|---|
| PANWPalo Alto Networks Inc | Stock | 190,830 | $35.2M | 1.3% | History |
| AONAon plc | CL A | 30,352 | $10.7M | 0.4% | History |
| GPORGulfport Energy Corp | COMMON SHARES | 2,819 | $586.3K | <0.1% | History |
| MELIMercadolibre Inc | COM | 199 | $400.8K | <0.1% | History |
| EXPEExpedia Group, Inc. | Stock | 1,154 | $326.9K | <0.1% | History |
| FISVFiserv Inc | Stock | 4,367 | $293.3K | <0.1% | History |
| CVSCVS Health Corp | Stock | 3,119 | $247.5K | <0.1% | History |
| CSGPCostar Group, Inc. | COM | 3,637 | $244.6K | <0.1% | History |
| FOXAFox Corp | CL A COM | 3,218 | $235.1K | <0.1% | History |
| ACNAccenture plc | Stock | 871 | $233.7K | <0.1% | History |
| AAgilent Technologies, Inc. | COM | 1,666 | $226.7K | <0.1% | History |
| JLLJones Lang Lasalle Inc | COM | 630 | $212.0K | <0.1% | History |
| SYKStryker Corp | Stock | 598 | $210.2K | <0.1% | History |
| LPLALPL Financial Holdings Inc. | COM | 570 | $203.6K | <0.1% | History |
| AMDAdvanced Micro Devices Inc | Stock | 948 | $203.0K | <0.1% | History |