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Portfolio (Quarterly) Guide ↗

Cercano Management LLC

· CIK 0001936416
13F Portfolio $2.6B AUM Filed Nov 7, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 151 New
Page 3 of 8  ·  151 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 UBER UBER TECHNOLOGIES INC Technology 133,997.0 $13.1M 0.50% NEW $97.97 -23.4%
42 VTV VANGUARD INDEX FDS 69,120.0 $12.9M 0.49% NEW $186.49 +11.0%
43 MELI MERCADOLIBRE INC Consumer Cyclical 5,262.0 $12.3M 0.47% NEW $2336.94 -32.1%
44 SLV ISHARES SILVER TR Financial Services 270,859.0 $11.5M 0.44% NEW $42.37 +57.9%
45 BAC BANK AMERICA CORP Financial Services 221,184.0 $11.4M 0.44% NEW $51.59 -1.7%
46 ANET ARISTA NETWORKS INC Technology 77,364.0 $11.3M 0.43% NEW $145.71 -2.8%
47 BA BOEING CO Industrials 51,990.0 $11.2M 0.43% NEW $215.83 -0.4%
48 MLM MARTIN MARIETTA MATLS INC Basic Materials 17,164.0 $10.8M 0.41% NEW $630.28 -11.8%
49 EWY ISHARES INC 132,765.0 $10.6M 0.41% NEW $80.10 +117.3%
50 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 95,435.0 $10.3M 0.39% NEW $107.81 -14.9%
51 LPX LOUISIANA PAC CORP Basic Materials 115,410.0 $10.3M 0.39% NEW $88.84 -20.7%
52 SPYD SPDR SERIES TRUST 217,913.0 $9.6M 0.37% NEW $44.00 +6.6%
53 DNLI DENALI THERAPEUTICS INC Healthcare 625,000.0 $9.1M 0.35% NEW $14.52 +26.7%
54 XLV SELECT SECTOR SPDR TR 58,840.0 $8.2M 0.31% NEW $139.17 +5.9%
55 WAL WESTERN ALLIANCE BANCORP Financial Services 90,774.0 $7.9M 0.30% NEW $86.72 -11.7%
56 DELL DELL TECHNOLOGIES INC Technology 54,087.0 $7.7M 0.29% NEW $141.77 +67.9%
57 IBIT ISHARES BITCOIN TRUST ETF Financial Services 117,140.0 $7.6M 0.29% NEW $65.00 -33.1%
58 DAL DELTA AIR LINES INC DEL Industrials 129,666.0 $7.4M 0.28% NEW $56.75 +23.8%
59 BLDR BUILDERS FIRSTSOURCE INC Industrials 60,300.0 $7.3M 0.28% NEW $121.25 -45.2%
60 FLKR FRANKLIN TEMPLETON ETF TR 263,694.0 $7.1M 0.27% NEW $26.99 +108.5%
Page 3 of 8  ·  151 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 37.0%
Technology 24.8%
Financial Services 15.5%
Healthcare 7.4%
Communication Services 6.5%
Consumer Cyclical 3.7%
Utilities 2.5%
Basic Materials 1.9%
Energy 0.3%
Real Estate 0.3%