Latest Cercano Management LLC Stock Portfolio

$3.76Billion– No. of Holdings #98

Cercano Management LLC Performance:

2024 Q2: -0.39%YTD: 8.61%2023: 27.24%

Performance for 2024 Q2 is -0.39%, and YTD is 8.61%, and 2023 is 27.24%.

About Cercano Management LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, CERCANO MANAGEMENT LLC reported an equity portfolio of $3.8 Billions as of 30 Jun, 2024.

The top stock holdings of CERCANO MANAGEMENT LLC are MSFT, XPO, UNP. The fund has invested 15.8% of it's portfolio in MICROSOFT CORP and 8.9% of portfolio in XPO INC.

The fund managers got completely rid off WILLSCOT MOBIL MINI HLDNG CO (WSC), WEST PHARMACEUTICAL SVSC INC (WST) and META PLATFORMS INC (META) stocks. They significantly reduced their stock positions in DYNATRACE INC (DT), EAST WEST BANCORP INC (EWBC) and SHERWIN WILLIAMS CO (SHW). CERCANO MANAGEMENT LLC opened new stock positions in HILTON WORLDWIDE HLDGS INC (HLT), SELECT SECTOR SPDR TR (XLB) and MONOLITHIC PWR SYS INC (MPWR). The fund showed a lot of confidence in some stocks as they added substantially to PLAINS ALL AMERN PIPELINE L (PAA), DATADOG INC (DDOG) and SPDR S&P 500 ETF TR (SPY).

Cercano Management LLC Equity Portfolio Value

Last Reported on: 13 Aug, 2024

Cercano Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cercano Management LLC made a return of -0.39% in the last quarter. In trailing 12 months, it's portfolio return was 21.17%.

New Buys

Ticker	$ Bought
hilton worldwide hldgs inc	38,174,700
select sector spdr tr	36,894,900
monolithic pwr sys inc	25,783,500
builders firstsource inc	14,798,900
triumph financial inc	10,968,900
lionsgate studios corp	7,929,160
samsara inc	6,972,020
spdr ser tr	4,175,100

New stocks bought by Cercano Management LLC

Additions

Ticker	% Inc.
plains all amern pipeline l	1,296
datadog inc	774
spdr s&p 500 etf tr	762
spdr s&p midcap 400 etf tr	691
starwood ppty tr inc	589
blackrock tcp capital corp	583
advanced drain sys inc del	93.32
international seaways inc	91.25

Additions to existing portfolio by Cercano Management LLC

Reductions

Ticker	% Reduced
dynatrace inc	-76.61
east west bancorp inc	-45.89
sherwin williams co	-42.05
canadian pacific kansas city	-31.39
ishares tr	-26.94
workday inc	-25.79
onemain hldgs inc	-18.72
schwab charles corp	-4.88

Cercano Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
willscot mobil mini hldng co	-54,391,200
p10 inc	-6,251,110
laureate education inc	-8,830,410
lamb weston hldgs inc	-14,387,300
west pharmaceutical svsc inc	-36,562,800
alexandria real estate eq in	-9,946,310
prologis inc.	-9,823,540
perficient inc	-4,245,730

Cercano Management LLC got rid off the above stocks

Sector Distribution

Cercano Management LLC has about 29.9% of it's holdings in Technology sector.

Sector	%
Technology	29.9
Industrials	20.8
Financial Services	14.2
Others	12
Healthcare	9.8
Consumer Cyclical	5.8
Communication Services	3.3
Basic Materials	1.5
Consumer Defensive	1.1

Market Cap. Distribution

Cercano Management LLC has about 75.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	44.1
MEGA-CAP	31
UNALLOCATED	12.1
MID-CAP	7.6
SMALL-CAP	4.9

Stocks belong to which Index?

About 67.8% of the stocks held by Cercano Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	58.5
Others	32.1
RUSSELL 2000	9.3

Top 5 Winners (%)		%
NVDA	nvidia corporation	30.0 %
GOOG	alphabet inc	20.5 %
GOOG	alphabet inc	18.6 %
AAPL	apple inc	18.0 %
KLAC	kla corp	15.8 %

Top 5 Winners ($)		$
MSFT	microsoft corp	34.8 M
NVDA	nvidia corporation	19.1 M
GOOG	alphabet inc	15.2 M
AAPL	apple inc	13.4 M
AMZN	amazon com inc	8.2 M

Top 5 Losers (%)		%
RELY	remitly global inc	-41.6 %
PGNY	progyny inc	-24.9 %
RXRX	recursion pharmaceuticals in	-24.8 %
BKSY	blacksky technology inc	-21.3 %
VEEV	veeva sys inc	-20.4 %

Top 5 Losers ($)		$
XPO	xpo inc	-49.9 M
UNP	union pac corp	-21.2 M
FROG	jfrog ltd	-9.4 M
PGNY	progyny inc	-7.5 M
RELY	remitly global inc	-6.6 M

Cercano Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Cercano Management LLC

Cercano Management LLC has 98 stocks in it's portfolio. About 49.4% of the portfolio is in top 10 stocks. XPO proved to be the most loss making stock for the portfolio. MSFT was the most profitable stock for Cercano Management LLC last quarter.

Last Reported on: 13 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.33	414,808	87,366,900	added	84.58

ACGL	arch cap group ltd	0.80	298,380	30,103,600	added	2.91

ACSG	dbx etf tr	1.45	1,537,170	54,508,100	unchanged	0.00

ACWV	ishares inc	0.14	138,000	5,112,900	unchanged	0.00

AIG	american intl group inc	0.81	411,122	30,521,700	added	0.6

AMZN	amazon com inc	3.42	665,357	128,580,000	added	14.86

ARE	alexandria real estate eq in	0.00	0.00	0.00	sold off	-100

BATRA	atlanta braves hldgs inc	0.42	395,678	15,605,500	unchanged	0.00

BIL	spdr ser tr	0.14	110,000	5,190,900	unchanged	0.00

BIL	spdr ser tr	0.14	200,000	5,088,000	unchanged	0.00

BIL	spdr ser tr	0.11	90,000	4,175,100	new

BKSY	blacksky technology inc	0.28	9,951,810	10,648,400	unchanged	0.00

BLDR	builders firstsource inc	0.39	106,921	14,798,900	new

BOND	pimco etf tr	0.80	576,296	30,002,000	added	49.69

CDNS	cadence design system inc	1.20	146,636	45,127,200	added	0.54

COOP	mr cooper group inc	1.15	532,314	43,239,900	added	5.91

CP	canadian pacific kansas city	0.34	161,892	12,745,800	reduced	-31.39

CSD	invesco exchange traded fd t	1.71	390,945	64,224,400	unchanged	0.00

CVX	chevron corp new	0.00	0.00	0.00	sold off	-100

DDOG	datadog inc	0.38	109,789	14,238,500	added	774