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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 7 of 7  ·  132 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 SMCI SUPER MICRO COMPUTER INC Technology 7,960.0 $233K 0.03% NEW $29.33 +27.0%
122 AMGN AMGEN INC Healthcare 620.0 $225K 0.03% $362.12 +21.3%
123 CVS CVS HEALTH CORP Healthcare 2,155.0 $223K 0.03% -964.0 -30.9% $103.45 -10.1%
124 NOC NORTHROP GRUMMAN CORP Industrials 437.0 $223K 0.03% $509.31 +8.2%
125 A AGILENT TECHNOLOGIES INC Healthcare 1,666.0 $221K 0.03% $132.83 +19.6%
126 CSCO CISCO SYS INC Technology 1,840.0 $216K 0.03% NEW $117.46 -5.5%
127 HONEYWELL INTL INC 950.0 $213K 0.03% NEW $223.90
128 HONEYWELL AEROSPACE INC 950.0 $210K 0.03% NEW $221.08
129 T AT&T INC Communication Services 10,032.0 $208K 0.03% $20.70 +22.3%
130 MO ALTRIA GROUP INC Consumer Defensive 2,886.0 $208K 0.03% NEW $71.95 -8.1%
131 LOW LOWES COS INC Consumer Cyclical 910.0 $201K 0.03% $220.49 -2.0%
132 SPY CALL STATE STR SPDR S&P 500 ETF T Financial Services 63.0 $68K 0.01% NEW $1084.00 -29.4%
Page 7 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%