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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 4 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 COPX GLOBAL X FDS 107,493.0 $7.7M 0.29% NEW $71.79 +10.6%
62 DELL DELL TECHNOLOGIES INC Technology 54,087.0 $6.8M 0.26% $125.88 +89.1%
63 XLE SELECT SECTOR SPDR TR 148,672.0 $6.6M 0.25% +74K +100.0% $44.71 +37.0%
64 URI UNITED RENTALS INC Industrials 7,458.0 $6.0M 0.23% +7K +3451.4% $809.32 +16.7%
65 IBIT ISHARES BITCOIN TRUST ETF Financial Services 117,140.0 $5.8M 0.22% $49.65 -12.4%
66 BLDR BUILDERS FIRSTSOURCE INC Industrials 51,128.0 $5.3M 0.20% -9K -15.2% $102.89 -35.5%
67 IWM ISHARES TR 18,137.0 $4.5M 0.17% $246.16 +10.9%
68 AVGO BROADCOM INC Technology 12,877.0 $4.5M 0.17% $346.10 +18.8%
69 INSW INTERNATIONAL SEAWAYS INC Energy 85,219.0 $4.1M 0.16% NEW $48.55 +75.7%
70 EPD ENTERPRISE PRODS PARTNERS L Energy 120,021.0 $3.8M 0.15% $32.06 +23.1%
71 SPYM SPDR SERIES TRUST 45,151.0 $3.6M 0.14% $80.22 +7.6%
72 TRTX TPG RE FIN TR INC Real Estate 401,607.0 $3.5M 0.13% $8.61 -4.4%
73 MUNI PIMCO ETF TR 57,919.0 $3.0M 0.12% $52.41 -1.0%
74 INDA ISHARES TR 46,470.0 $2.5M 0.10% $54.05 -12.5%
75 VOO VANGUARD INDEX FDS 3,941.0 $2.5M 0.09% $627.13 +7.6%
76 MA MASTERCARD INCORPORATED Financial Services 2,574.0 $1.5M 0.06% $570.88 -11.4%
77 WMB WILLIAMS COS INC Energy 23,863.0 $1.4M 0.05% NEW $60.11 +29.2%
78 HAFN HAFNIA LTD Industrials 264,379.0 $1.4M 0.05% NEW $5.39 +64.5%
79 STWD STARWOOD PPTY TR INC Real Estate 79,029.0 $1.4M 0.05% $18.01 -5.6%
80 TSLA TESLA INC Consumer Cyclical 3,048.0 $1.4M 0.05% $449.72 -8.8%
Page 4 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%