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Portfolio (Quarterly) Guide ↗

Cercano Management LLC

· CIK 0001936416
13F Portfolio $2.6B AUM 171 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 19 New 22 Added 14 Reduced 24 Exited
Page 2 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GOOGL ALPHABET INC Communication Services 89,837.0 $28.1M 1.06% +1K +1.5% $313.00 +24.6%
22 SPGI S&P GLOBAL INC Financial Services 52,035.0 $27.2M 1.03% $522.59 -20.9%
23 V VISA INC Financial Services 77,039.0 $27.0M 1.02% $350.71 -5.8%
24 BKSY BLACKSKY TECHNOLOGY INC Technology 1,243,976.0 $23.3M 0.88% $18.75 +137.0%
25 COF CAPITAL ONE FINL CORP Financial Services 94,570.0 $22.9M 0.87% +33K +53.1% $242.36 -24.5%
26 GEV GE VERNOVA INC Utilities 33,199.0 $21.7M 0.82% $653.57 +54.7%
27 APOS APOLLO GLOBAL MGMT INC Financial Services 147,599.0 $21.4M 0.81% $144.76 -82.2%
28 SHW SHERWIN WILLIAMS CO Basic Materials 65,792.0 $21.3M 0.81% +8K +14.0% $324.03 -7.5%
29 BA BOEING CO Industrials 91,002.0 $19.8M 0.75% +39K +75.0% $217.12 +0.9%
30 GOOG ALPHABET INC Communication Services 62,738.0 $19.7M 0.74% $313.80 +23.2%
31 AAPL APPLE INC Technology 64,847.0 $17.6M 0.67% -17K -20.4% $271.86 +9.8%
32 EWW ISHARES INC 239,617.0 $16.6M 0.63% $69.33 +12.1%
33 JPM JPMORGAN CHASE & CO. Financial Services 49,354.0 $15.9M 0.60% $322.22 -7.4%
34 LIN LINDE PLC Basic Materials 36,908.0 $15.7M 0.60% NEW $426.39 +19.1%
35 EWZ ISHARES INC 490,980.0 $15.6M 0.59% NEW $31.77 +13.8%
36 AGG ISHARES TR 151,570.0 $15.1M 0.57% $99.88 -2.2%
37 SHM SPDR SERIES TRUST 314,202.0 $15.1M 0.57% $47.99 -0.7%
38 COST COSTCO WHSL CORP NEW Consumer Defensive 17,139.0 $14.8M 0.56% +16K +2307.2% $862.34 +26.8%
39 BSX BOSTON SCIENTIFIC CORP Healthcare 153,931.0 $14.7M 0.56% +148K +2690.1% $95.35 -40.9%
40 WMS ADVANCED DRAIN SYS INC DEL Industrials 100,224.0 $14.5M 0.55% $144.83 -8.7%
Page 2 of 8  ·  146 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Industrials 36.0%
Technology 22.7%
Financial Services 14.0%
Healthcare 10.4%
Communication Services 6.5%
Consumer Cyclical 3.4%
Utilities 2.5%
Basic Materials 2.5%
Consumer Defensive 1.0%
Energy 0.6%