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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 3 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 XLK SELECT SECTOR SPDR TR 98,448.0 $14.2M 0.54% +25K +34.4% $143.97 +20.3%
42 NAUT NAUTILUS BIOTECHNOLOGY INC Healthcare 7,172,985.0 $14.0M 0.53% $1.95 +21.0%
43 PWR QUANTA SVCS INC Industrials 33,062.0 $14.0M 0.53% $422.06 +71.3%
44 FLJP FRANKLIN TEMPLETON ETF TR 399,037.0 $13.7M 0.52% $34.45 +12.3%
45 VTV VANGUARD INDEX FDS 69,120.0 $13.2M 0.50% $190.99 +8.4%
46 EWY ISHARES INC 132,765.0 $12.9M 0.49% $97.22 +79.0%
47 DHR DANAHER CORPORATION Healthcare 56,232.0 $12.9M 0.49% NEW $228.92 -28.4%
48 LRCX LAM RESEARCH CORP Technology 72,360.0 $12.4M 0.47% +64K +745.3% $171.18 +62.4%
49 BAC BANK AMERICA CORP Financial Services 221,184.0 $12.2M 0.46% $55.00 -7.8%
50 AON AON PLC Financial Services 30,352.0 $10.7M 0.41% NEW $352.88 -8.3%
51 MLM MARTIN MARIETTA MATLS INC Basic Materials 17,164.0 $10.7M 0.40% $622.66 -10.7%
52 DNLI DENALI THERAPEUTICS INC Healthcare 625,000.0 $10.3M 0.39% $16.51 +11.4%
53 SPYD SPDR SERIES TRUST 217,913.0 $9.4M 0.36% $43.25 +8.4%
54 LPX LOUISIANA PAC CORP Basic Materials 115,410.0 $9.3M 0.35% $80.76 -12.8%
55 ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 95,435.0 $8.7M 0.33% $91.21 +0.6%
56 FLKR FRANKLIN TEMPLETON ETF TR 263,694.0 $8.5M 0.32% $32.05 +75.6%
57 HD HOME DEPOT INC Consumer Cyclical 23,874.0 $8.2M 0.31% +21K +882.5% $344.10 -12.9%
58 GRAB GRAB HOLDINGS LIMITED Technology 1,600,000.0 $8.0M 0.30% NEW $4.99 -29.1%
59 XLV SELECT SECTOR SPDR TR 51,519.0 $8.0M 0.30% -7K -12.4% $154.80 -4.8%
60 WMT WALMART INC Consumer Defensive 69,379.0 $7.7M 0.29% +56K +408.8% $111.41 +19.7%
Page 3 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%