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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 7 of 8  ·  146 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 PM PHILIP MORRIS INTL INC Consumer Defensive 1,847.0 $296K 0.01% -577.0 -23.8% $160.40 +19.4%
122 FISV FISERV INC Technology 4,367.0 $293K 0.01% NEW $67.17 -15.6%
123 TOL TOLL BROTHERS INC Consumer Cyclical 2,107.0 $285K 0.01% $135.22 -6.1%
124 MCD MCDONALDS CORP Consumer Cyclical 927.0 $283K 0.01% $305.63 -7.6%
125 XOM EXXON MOBIL CORP Energy 2,280.0 $274K 0.01% $120.34 +33.4%
126 TJX TJX COS INC NEW Consumer Cyclical 1,660.0 $255K 0.01% $153.61 -2.2%
127 SBUX STARBUCKS CORP Consumer Cyclical 2,980.0 $251K 0.01% $84.21 +26.6%
128 T AT&T INC Communication Services 10,032.0 $249K 0.01% $24.84 -1.7%
129 NOC NORTHROP GRUMMAN CORP Industrials 437.0 $249K 0.01% -10K -95.9% $570.21 -3.5%
130 PRU PRUDENTIAL FINL INC Financial Services 2,196.0 $248K 0.01% $112.88 -8.8%
131 CVS CVS HEALTH CORP Healthcare 3,119.0 $248K 0.01% -263.0 -7.8% $79.36 +21.0%
132 CSGP COSTAR GROUP INC Real Estate 3,637.0 $245K 0.01% NEW $67.24 -50.6%
133 GE GE AEROSPACE Industrials 769.0 $237K 0.01% $308.03 -7.2%
134 FOXA FOX CORP Communication Services 3,218.0 $235K 0.01% $73.07 -9.9%
135 LMT LOCKHEED MARTIN CORP Industrials 486.0 $235K 0.01% $483.67 +9.2%
136 ACN ACCENTURE PLC IRELAND Technology 871.0 $234K 0.01% $268.30 -34.1%
137 ALL ALLSTATE CORP Financial Services 1,118.0 $233K 0.01% $208.15 +7.9%
138 HAL HALLIBURTON CO Energy 8,064.0 $228K 0.01% NEW $28.26 +51.4%
139 A AGILENT TECHNOLOGIES INC Healthcare 1,666.0 $227K 0.01% $136.07 -18.7%
140 LOW LOWES COS INC Consumer Cyclical 910.0 $219K 0.01% $241.16 -9.6%
Page 7 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%