Latest Cercano Management LLC Stock Portfolio

$2.32Billion– No. of Holdings #139

Cercano Management LLC Performance:

2026 Q1: -2.53%YTD: -2.53%2025: 14.35%

Performance for 2026 Q1 is -2.53%, and YTD is -2.53%, and 2025 is 14.35%.

About Cercano Management LLC and 13F Hedge Fund Stock Holdings

On 2026-05-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Cercano Management LLC reported an equity portfolio of $2.3 Billions as of 31 Mar, 2026.

The top stock holdings of Cercano Management LLC are UNP, MSFT, XPO. The fund has invested 11% of it's portfolio in UNION PAC CORP and 9.7% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off PALO ALTO NETWORKS INC (PANW), AON PLC (AON) and GULFPORT ENERGY CORP (GPOR) stocks. They significantly reduced their stock positions in OREILLY AUTOMOTIVE INC (ORLY), BOSTON SCIENTIFIC CORP (BSX) and FRANKLIN TEMPLETON ETF TR (BUYZ). Cercano Management LLC opened new stock positions in VANGUARD INDEX FDS (VB), CINCINNATI FINL CORP (CINF) and JAMES HARDIE INDS PLC. The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC. (NFLX), MCDONALDS CORP (MCD) and MORGAN STANLEY (MS).

Cercano Management LLC Equity Portfolio Value

Last Reported on: 13 May, 2026

Cercano Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Cercano Management LLC made a return of -2.53% in the last quarter. In trailing 12 months, it's portfolio return was 15.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
vanguard index fds	9,419,140
cincinnati finl corp	4,221,230
james hardie inds plc	3,611,120
chevron corporation	314,074
disney walt co	293,959
westlake corporation	231,070
cummins inc	205,524
intel corp	205,116

New stocks bought by Cercano Management LLC

Additions

Ticker	% Inc.
netflix inc.	5,886
mcdonalds corp	1,481
morgan stanley	1,456
builders firstsource inc	655
select sector spdr tr	173
exxon mobil corp	109
capital one finl corp	83.6
select sector spdr tr	64.61

Additions to existing portfolio by Cercano Management LLC

Reductions

Ticker	% Reduced
oreilly automotive inc	-96.65
boston scientific corp	-96.42
franklin templeton etf tr	-63.26
xpo inc	-61.12
qxo inc	-55.5
dell technologies inc	-54.13
martin marietta matls inc	-51.02
advanced drain sys inc del	-50.1

Cercano Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
palo alto networks inc	-35,150,900
aon plc	-10,710,600
fiserv inc	-293,331
costar group inc	-244,552
fox corp	-235,139
cvs health corp	-247,524
gulfport energy corp	-586,324
agilent technologies inc	-226,693

Cercano Management LLC got rid off the above stocks

Sector Distribution

Cercano Management LLC has about 24.4% of it's holdings in Others sector.

Others
Technology
Industrials
Healthcare
Communication Services
Financial Services
Consumer Cyclical
Basic Materials
Utilities

Sector	%
Others	24.4
Technology	21.6
Industrials	21.6
Healthcare	8.7
Communication Services	8.5
Financial Services	7.3
Consumer Cyclical	3.2
Basic Materials	1.7
Utilities	1.3

Market Cap. Distribution

Cercano Management LLC has about 71.6% of it's portfolio invested in the large-cap and mega-cap stocks.

MEGA-CAP
LARGE-CAP
UNALLOCATED
SMALL-CAP
MID-CAP
MICRO-CAP

Category	%
MEGA-CAP	38.1
LARGE-CAP	33.5
UNALLOCATED	24.4
SMALL-CAP	1.5
MID-CAP	1.3
MICRO-CAP	1.2

Stocks belong to which Index?

About 62.6% of the stocks held by Cercano Management LLC either belong to S&P 500 or RUSSELL 2000 index.

S&P 500
Others
RUSSELL 2000

Index	%
S&P 500	59.1
Others	37.3
RUSSELL 2000	3.5

Top 5 Winners (%)		%
NAUT	nautilus biotechnology inc	99.0 %
INSW	international seaways inc	46.6 %
	hafnia ltd	42.6 %
PSX	phillips 66	39.0 %
HAL	halliburton co	38.0 %

Top 5 Winners ($)		$
XPO	xpo inc	79.2 M
NAUT	nautilus biotechnology inc	13.8 M
UNP	union pac corp	12.3 M
BKSY	blacksky technology inc	8.0 M
	ge vernova inc	7.3 M

Top 5 Losers (%)		%
	tic solutions inc	-34.9 %
INTU	intuit	-34.7 %
MSFT	microsoft corp	-30.6 %
ADBE	adobe inc	-30.6 %
KKR	kkr & co inc	-27.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-99.4 M
LLY	eli lilly & co	-21.7 M
META	meta platforms inc	-13.3 M
	tic solutions inc	-10.2 M
COF	capital one finl corp	-8.0 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 139 stocks in it's portfolio. About 56.3% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. XPO was the most profitable stock for Cercano Management LLC last quarter.

Last Reported on: 13 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.00	0.00	0.00	sold off	-100

AAPL	apple inc	0.70	63,885	16,213,400	reduced	-1.48

ABBV	abbvie inc	0.02	1,789	389,090	unchanged	0.00

ABT	abbott laboratories	0.01	2,607	267,661	unchanged	0.00

ACN	accenture plc ireland	0.00	0.00	0.00	sold off	-100

ACWV	ishares inc	0.78	239,617	18,026,400	unchanged	0.00

ACWV	ishares inc	0.72	434,521	16,681,300	reduced	-11.5

ACWV	ishares inc	0.70	132,765	16,331,400	unchanged	0.00

ADBE	adobe inc	0.01	1,412	343,229	unchanged	0.00

AGNG	global x fds	0.34	104,678	7,992,160	reduced	-2.62

ALL	allstate corp	0.01	1,118	231,806	unchanged	0.00

AMAT	applied matls inc	0.04	2,896	989,824	unchanged	0.00

AMD	advanced micro devices inc	0.00	0.00	0.00	sold off	-100

AMGN	amgen inc	0.01	620	218,147	unchanged	0.00

AMPS	ishares tr	0.09	46,470	2,176,660	unchanged	0.00

AMZN	amazon com inc	2.59	288,193	60,022,000	added	14.57

AON	aon plc	0.00	0.00	0.00	sold off	-100

AVGO	broadcom inc	0.16	12,325	3,814,710	reduced	-4.29

BA	boeing co	0.93	107,941	21,483,500	added	18.61

BAC	bank america corp	0.32	149,560	7,291,050	reduced	-32.38