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Portfolio (Quarterly) Guide ↗

Cercano Management LLC

· CIK 0001936416
13F Portfolio $750M AUM 155 positions Filed Aug 14, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 24 New 2 Added 45 Reduced 38 Exited
Page 5 of 7  ·  132 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 V VISA INC Financial Services 1,787.0 $613K 0.08% -75K -97.7% $343.09 +8.1%
82 AMD ADVANCED MICRO DEVICES INC Technology 948.0 $551K 0.07% $580.91 -18.5%
83 JNJ JOHNSON & JOHNSON Healthcare 1,925.0 $489K 0.07% $253.97 +6.4%
84 NEM NEWMONT CORP Basic Materials 5,118.0 $478K 0.06% $93.40 +40.9%
85 ITW ILLINOIS TOOL WKS INC Industrials 1,670.0 $452K 0.06% $270.47 +4.4%
86 ABBV ABBVIE INC Healthcare 1,789.0 $450K 0.06% $251.64 +5.3%
87 IRWD IRONWOOD PHARMACEUTICALS INC Healthcare 101,378.0 $427K 0.06% $4.21 +1.9%
88 NEE NEXTERA ENERGY INC Utilities 4,824.0 $423K 0.06% $87.77 -4.7%
89 VTR VENTAS INC Real Estate 4,610.0 $409K 0.06% $88.80 +4.8%
90 WELL WELLTOWER INC Real Estate 1,736.0 $394K 0.05% $226.97 +5.4%
91 VRTX VERTEX PHARMACEUTICALS INC Healthcare 780.0 $387K 0.05% $496.73 +10.3%
92 HCA HCA HEALTHCARE INC Healthcare 970.0 $378K 0.05% $389.89 +10.1%
93 SPGI S&P GLOBAL INC Financial Services 880.0 $358K 0.05% -51K -98.3% $407.26 +5.9%
94 DELL DELL TECHNOLOGIES INC Technology 808.0 $349K 0.05% -53K -98.5% $431.46 +2.4%
95 TOL TOLL BROTHERS INC Consumer Cyclical 2,107.0 $347K 0.05% $164.75 -10.7%
96 EQT EQT CORP Energy 6,518.0 $347K 0.05% $53.17 +1.0%
97 NSC NORFOLK SOUTHN CORP Industrials 1,069.0 $336K 0.04% $314.59 +11.5%
98 NRG NRG ENERGY INC Utilities 2,295.0 $335K 0.04% $146.06 -22.6%
99 PM PHILIP MORRIS INTL INC Consumer Defensive 1,847.0 $334K 0.04% $180.91 +4.0%
100 KKR KKR & CO INC 3,560.0 $327K 0.04% $91.78
Page 5 of 7  ·  132 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 51.0%
Technology 15.4%
Communication Services 9.7%
Healthcare 8.1%
Financial Services 7.3%
Consumer Cyclical 3.0%
Energy 1.8%
Basic Materials 1.3%
Consumer Defensive 1.0%
Real Estate 0.9%