Cercano Management LLC
CIK: 0001936416Latest portfolio: $2.6B · Q4 2025
Holdings
146
Total Value
$2.6B
New Positions
18
Closed Positions
20
Top Holdings
View All 146 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | MSFTMICROSOFT CORP | 542,736 | $294.6M | 11.15% | -94,667 | |
| 2 | XPOXPO INC | 1,945,996 | $264.5M | 10.01% | — | |
| 3 | UNPUNION PAC CORP | 1,126,608 | $260.6M | 9.86% | +24K | |
| 4 | QXOQXO INC | 10,815,832 | $208.6M | 7.90% | +231K | |
| 5 | LLYELI LILLY & CO | 142,454 | $153.1M | 5.79% | -6,933 | |
| 6 | NVDANVIDIA CORPORATION | 626,158 | $116.8M | 4.42% | +113K | |
| 7 | RSPINVESCO EXCHANGE TRADED FD T | 534,478 | $102.4M | 3.87% | -89,603 | |
| 8 | METAMETA PLATFORMS INC | 151,007 | $99.7M | 3.77% | +19K | |
| 9 | AMZNAMAZON COM INC | 251,539 | $58.1M | 2.20% | — | |
| 10 | IAU*ISHARES GOLD TR | 497,522 | $40.4M | 1.53% | +438K | |
| 11 | SCHWSCHWAB CHARLES CORP | 390,217 | $39.0M | 1.48% | — | |
| 12 | SPYSPDR S&P 500 ETF TR | 55,788 | $38.0M | 1.44% | +4K | |
| 13 | CEGCONSTELLATION ENERGY CORP | 100,915 | $35.6M | 1.35% | — | |
| 14 | PANWPALO ALTO NETWORKS INC | 190,830 | $35.1M | 1.33% | +95K | |
| 15 | HYMBSPDR SERIES TRUST | 1,387,825 | $34.6M | 1.31% | — | |
| 16 | SPEMSPDR INDEX SHS FDS | 642,100 | $30.1M | 1.14% | +610K | |
| 17 | UNHUNITEDHEALTH GROUP INC | 90,927 | $30.0M | 1.14% | +14K | |
| 18 | NDQINVESCO QQQ TR | 48,739 | $29.9M | 1.13% | -8,212 | |
| 19 | TICTIC SOLUTIONS INC | 2,902,230 | $29.3M | 1.11% | — | |
| 20 | MCOMOODYS CORP | 57,368 | $29.3M | 1.11% | — | |
| 21 | GOOGLALPHABET INC | 89,837 | $28.1M | 1.06% | +1K | |
| 22 | SPGIS&P GLOBAL INC | 52,035 | $27.2M | 1.03% | — | |
| 23 | VVISA INC | 77,039 | $27.0M | 1.02% | — | |
| 24 | BKSYBLACKSKY TECHNOLOGY INC | 1,243,976 | $23.3M | 0.88% | — | |
| 25 | COFCAPITAL ONE FINL CORP | 94,570 | $22.9M | 0.87% | +33K |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Financial Services0.0% ($1.0238438986380424e+164T)
Industrials0.0% ($2.644802606062086e+68T)
Technology0.0% ($2.9464111677735153e+58T)
Healthcare0.0% ($1.5309130015146772e+57T)
Consumer Cyclical0.0% ($5.806087048214137e+25T)
Energy0.0% ($4.1373847143413573e+24T)
Unknown0.0% ($4.0383299406884995e+24T)
Basic Materials0.0% ($2131715737106869.3T)
Communication Services0.0% ($996772811819687.9T)
Real Estate0.0% ($34571423.3T)
Utilities0.0% ($3565.0T)
Consumer Defensive0.0% ($147.8T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 10, 2026 | $2.6B | 171 |
| Q3 2025 | Nov 7, 2025 | $2.6T | 173 |
| Q2 2025 | Aug 8, 2025 | $3.5T | 174 |
| Q1 2025 | May 13, 2025 | $3.4T | 158 |
| Q4 2024 | Feb 14, 2025 | $3.9T | 189 |
| Q3 2024 | Nov 14, 2024 | $4182.2T | 167 |
| Q2 2024 | Aug 13, 2024 | $3755.6T | 101 |
| Q1 2024 | May 10, 2024 | $3595.2T | 105 |
| Q4 2023 | Feb 2, 2024 | $3027.5T | 96 |
| Q3 2023 | Nov 3, 2023 | $2813.7T | 106 |
| Q2 2023 | Aug 2, 2023 | $2879.2T | 114 |
| Q1 2023 | May 12, 2023 | $2504.5T | 116 |
| Q4 2022 | Feb 14, 2023 | $2459.7T | 121 |
Fund Information
Cercano Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $2.6B across 146 holdings. The largest position is MICROSOFT CORP (MSFT), representing 11.1% of the portfolio. Compared to the previous quarter, the fund opened 19 new positions and closed 24 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.