Cercano Management
BELLEVUE, WAfiles as Cercano Management LLC
$750m in 131 US stocks at the end of 30 June 2026. The top 10 are 65.3% of the money. It changed about 52.0% of the portfolio this quarter.
Value
$750m
Stocks
131
Top 10 share
65.3%
Turnover
52.0%
What changed this quarter
New
Bought for the first time this quarter.
- PIMCO Dynamic Income Opportunities FundPDO1.4% of the fund
- Micron TechnologyMU1.0% of the fund
- Vulcan MaterialsVMC0.7% of the fund
- DoorDashDASH0.6% of the fund
- Jazz PharmaceuticalsJAZZ0.6% of the fund
- State STR Spdr S&P Midcap 40MDY0.3% of the fund
- RedditRDDT0.2% of the fund
- ASML Holding NVASML0.2% of the fund
- Spdr Series TrustXBI0.2% of the fund
- Spdr Gold TRGLD0.2% of the fund
- Carlyle GroupCG0.2% of the fund
- RepligenRGEN0.1% of the fund
- Lumentum HoldingsLITE0.1% of the fund
- Advanced Micro DevicesAMD<0.1% of the fund
- Generac HoldingsGNRC<0.1% of the fund
- Super Micro ComputerSMCI<0.1% of the fund
- CVS HealthCVS<0.1% of the fund
- Agilent TechnologiesA<0.1% of the fund
- Cisco SystemsCSCO<0.1% of the fund
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- Altria GroupMO<0.1% of the fund
Added
Bought more of a stock they already held.
- James Hardie IndustriesJHX1.2% of the fund+78%
- Intuitive SurgicalISRG<0.1% of the fund+201%
Cut
Sold some of their stake.
- Union PacificUNP37.3% of the fund-2%
- Invesco Exchange Traded FD TRSP6.3% of the fund-70%
- Meta PlatformsMETA6.0% of the fund-47%
- BlackSky TechnologyBKSY3.5% of the fund-25%
- NvidiaNVDA2.3% of the fund-86%
- Select Sector Spdr TRXLK2.2% of the fund-46%
- Amazon.comAMZN1.8% of the fund-81%
- AppleAAPL1.2% of the fund-51%
- IsharesEWY1.2% of the fund-67%
- Spdr Series TrustSPYD1.1% of the fund-20%
- QXOQXO1.1% of the fund-90%
- State STR Spdr S&P 500 ETF TSPY1.0% of the fund-83%
- MicrosoftMSFT1.0% of the fund-97%
- AlphabetGOOGL0.9% of the fund-79%
- Lam ResearchLRCX0.9% of the fund-79%
- Eli LillyLLY0.9% of the fund-96%
- Capital One FinancialCOF0.8% of the fund-82%
- XPOXPO0.8% of the fund-96%
- IsharesEWW0.6% of the fund-73%
- AlphabetGOOG0.6% of the fund-85%
- Select Sector Spdr TRXLV0.6% of the fund-80%
- IsharesEWZ0.6% of the fund-72%
- Bank of AmericaBAC0.4% of the fund-68%
- Quanta ServicesPWR0.4% of the fund-89%
- JPMorgan ChaseJPM0.4% of the fund-72%
Sold out
Sold their entire stake.
- Charles SchwabSCHW-100%
- Spdr Series TrustHYMB-100%
- Builders FirstSourceBLDR-100%
- GE VernovaGEV-100%
- Invesco QQQ TRQQQ-100%
- Spdr Index SHS FDSSPEM-100%
- Ishares Gold TRIAU-100%
- BoeingBA-100%
- TIC SolutionsTIC-100%
- Sherwin-WilliamsSHW-100%
- Franklin Templeton ETF TRFLKR-100%
- Spdr Series TrustSHM-100%
- Ishares TRAGG-100%
- Vanguard Index FDSVNQ-100%
- Louisiana-PacificLPX-100%
- Global X FDSCOPX-100%
- Advanced Drainage SystemsWMS-100%
- Franklin Templeton ETF TRFLJP-100%
- Martin Marietta MaterialsMLM-100%
- Spdr Series TrustSPYM-100%
- Vanguard Index FDSVOO-100%
- Capital Group InternationalCGIC-100%
- Spdr Series TrustSPTI-100%
- Select Sector Spdr TRXLC-100%
- Honeywell InternationalHON-100%
Holdings
- Invesco Exchange Traded FD TRSP
- Share
- 6.3%
- Value
- $47m
- Shares
- 221,055
-70%
- Select Sector Spdr TRXLK
- Share
- 2.2%
- Value
- $17m
- Shares
- 86,935
-46%
- Vanguard Index FDSVTV
- Share
- 2.0%
- Value
- $15m
- Shares
- 69,120
Held
- PIMCO Dynamic Income Opportunities FundPDO
- Share
- 1.4%
- Value
- $10m
- Shares
- 783,312
New
- IsharesEWY
- Share
- 1.2%
- Value
- $9m
- Shares
- 43,201
-67%
- Spdr Series TrustSPYD
- Share
- 1.1%
- Value
- $8m
- Shares
- 174,939
-20%
- Select Sector Spdr TRXLE
- Share
- 1.1%
- Value
- $8m
- Shares
- 148,672
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- 1.0%
- Value
- $7m
- Shares
- 9,660
-83%
- Ishares TRIWM
- Share
- 0.7%
- Value
- $5m
- Shares
- 18,137
Held
- IsharesEWW
- Share
- 0.6%
- Value
- $5m
- Shares
- 63,900
-73%
- Select Sector Spdr TRXLV
- Share
- 0.6%
- Value
- $4m
- Shares
- 28,280
-80%
- IsharesEWZ
- Share
- 0.6%
- Value
- $4m
- Shares
- 121,776
-72%
- Ishares Bitcoin Trust ETFIBIT
- Share
- 0.5%
- Value
- $4m
- Shares
- 117,140
Held
- Pimco ETF TRMUNI
- Share
- 0.4%
- Value
- $3m
- Shares
- 57,919
Held
- State STR Spdr S&P Midcap 40MDY
- Share
- 0.3%
- Value
- $3m
- Shares
- 3,636
New
- Ishares TRINDA
- Share
- 0.3%
- Value
- $2m
- Shares
- 46,470
Held
- Spdr Series TrustXBI
- Share
- 0.2%
- Value
- $1m
- Shares
- 8,549
New
- Spdr Gold TRGLD
- Share
- 0.2%
- Value
- $1m
- Shares
- 3,341
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Union PacificUNP | 37.3% | $280m | 1,028,382 | -2% |
| Invesco Exchange Traded FD TRSP | 6.3% | $47m | 221,055 | -70% |
| Meta PlatformsMETA | 6.0% | $45m | 79,237 | -47% |
| BlackSky TechnologyBKSY | 3.5% | $26m | 932,982 | -25% |
| NvidiaNVDA | 2.3% | $18m | 87,813 | -86% |
| Select Sector Spdr TRXLK | 2.2% | $17m | 86,935 | -46% |
| Denali TherapeuticsDNLI | 2.1% | $16m | 625,000 | Held |
| Vanguard Index FDSVTV | 2.0% | $15m | 69,120 | Held |
| Nautilus BiotechnologyNAUT | 1.8% | $13m | 7,172,985 | Held |
| Amazon.comAMZN | 1.8% | $13m | 55,622 | -81% |
| PIMCO Dynamic Income Opportunities FundPDO | 1.4% | $10m | 783,312 | New |
| AppleAAPL | 1.2% | $9m | 31,112 | -51% |
| James Hardie IndustriesJHX | 1.2% | $9m | 338,568 | +78% |
| IsharesEWY | 1.2% | $9m | 43,201 | -67% |
| Spdr Series TrustSPYD | 1.1% | $8m | 174,939 | -20% |
| QXOQXO | 1.1% | $8m | 482,875 | -90% |
| Select Sector Spdr TRXLE | 1.1% | $8m | 148,672 | Held |
| Micron TechnologyMU | 1.0% | $8m | 6,704 | New |
| State STR Spdr S&P 500 ETF TSPY | 1.0% | $7m | 9,660 | -83% |
| MicrosoftMSFT | 1.0% | $7m | 19,163 | -97% |
| AlphabetGOOGL | 0.9% | $7m | 18,993 | -79% |
| Lam ResearchLRCX | 0.9% | $7m | 15,110 | -79% |
| Eli LillyLLY | 0.9% | $6m | 5,353 | -96% |
| Capital One FinancialCOF | 0.8% | $6m | 31,409 | -82% |
| Grab HoldingsGRAB | 0.8% | $6m | 1,600,000 | Held |
| XPOXPO | 0.8% | $6m | 29,081 | -96% |
| Vulcan MaterialsVMC | 0.7% | $6m | 18,998 | New |
| International SeawaysINSW | 0.7% | $6m | 73,147 | Held |
| Ishares TRIWM | 0.7% | $5m | 18,137 | Held |
| IsharesEWW | 0.6% | $5m | 63,900 | -73% |
| BroadcomAVGO | 0.6% | $5m | 12,325 | Held |
| AlphabetGOOG | 0.6% | $5m | 13,160 | -85% |
| Select Sector Spdr TRXLV | 0.6% | $4m | 28,280 | -80% |
| DoorDashDASH | 0.6% | $4m | 23,927 | New |
| Enterprise Products Partners L.P.EPD | 0.6% | $4m | 120,021 | Held |
| IsharesEWZ | 0.6% | $4m | 121,776 | -72% |
| Jazz PharmaceuticalsJAZZ | 0.6% | $4m | 17,331 | New |
| Ishares Bitcoin Trust ETFIBIT | 0.5% | $4m | 117,140 | Held |
| TPG RE Finance TrustTRTX | 0.4% | $3m | 401,607 | Held |
| Pimco ETF TRMUNI | 0.4% | $3m | 57,919 | Held |
| Bank of AmericaBAC | 0.4% | $3m | 47,170 | -68% |
| Quanta ServicesPWR | 0.4% | $3m | 3,690 | -89% |
| JPMorgan ChaseJPM | 0.4% | $3m | 8,022 | -72% |
| State STR Spdr S&P Midcap 40MDY | 0.3% | $3m | 3,636 | New |
| Costco WholesaleCOST | 0.3% | $2m | 2,490 | -77% |
| CaterpillarCAT | 0.3% | $2m | 2,180 | Held |
| Ishares TRINDA | 0.3% | $2m | 46,470 | Held |
| WalmartWMT | 0.3% | $2m | 20,219 | -66% |
| Applied MaterialsAMAT | 0.3% | $2m | 2,896 | Held |
| Home DepotHD | 0.3% | $2m | 5,826 | -75% |
| LindeLIN | 0.3% | $2m | 3,834 | -89% |
| Morgan StanleyMS | 0.3% | $2m | 9,147 | -79% |
| United RentalsURI | 0.3% | $2m | 1,659 | -77% |
| RedditRDDT | 0.2% | $2m | 10,270 | New |
| HafniaHAFN | 0.2% | $2m | 264,379 | Held |
| Constellation EnergyCEG | 0.2% | $2m | 6,702 | -93% |
| Williams CompaniesWMB | 0.2% | $2m | 21,491 | Held |
| Phillips 66PSX | 0.2% | $2m | 9,396 | Held |
| ASML Holding NVASML | 0.2% | $1m | 710 | New |
| Spdr Series TrustXBI | 0.2% | $1m | 8,549 | New |
| MastercardMA | 0.2% | $1m | 2,574 | Held |
| DanaherDHR | 0.2% | $1m | 6,890 | -80% |
| Starwood Property TrustSTWD | 0.2% | $1m | 79,029 | Held |
| TeslaTSLA | 0.2% | $1m | 3,048 | Held |
| Spdr Gold TRGLD | 0.2% | $1m | 3,341 | New |
| Carlyle GroupCG | 0.2% | $1m | 27,589 | New |
| EatonETN | 0.1% | $1m | 2,550 | Held |
| RepligenRGEN | 0.1% | $1m | 7,856 | New |
| Texas InstrumentsTXN | 0.1% | $1m | 3,563 | Held |
| MerckMRK | 0.1% | $919,546 | 7,156 | Held |
| UnitedHealth GroupUNH | 0.1% | $918,958 | 2,211 | -98% |
| Cincinnati FinancialCINF | 0.1% | $906,445 | 4,896 | -82% |
| Lumentum HoldingsLITE | 0.1% | $837,467 | 976 | New |
| Trane TechnologiesTT | <0.1% | $745,090 | 1,517 | Held |
| Intuitive SurgicalISRG | <0.1% | $743,661 | 1,870 | +201% |
| NetflixNFLX | <0.1% | $737,562 | 10,330 | -98% |
| Berkshire HathawayBRK-B | <0.1% | $685,034 | 1,369 | -39% |
| IntelINTC | <0.1% | $649,000 | 4,648 | Held |
| Diamondback EnergyFANG | <0.1% | $626,831 | 3,566 | Held |
| Procter & GamblePG | <0.1% | $626,446 | 4,272 | Held |
| VisaV | <0.1% | $613,102 | 1,787 | -98% |
| Advanced Micro DevicesAMD | <0.1% | $550,703 | 948 | New |
| Johnson & JohnsonJNJ | <0.1% | $488,892 | 1,925 | Held |
| NewmontNEM | <0.1% | $478,021 | 5,118 | Held |
| Illinois Tool WorksITW | <0.1% | $451,685 | 1,670 | Held |
| AbbVieABBV | <0.1% | $450,184 | 1,789 | Held |
| Ironwood PharmaceuticalsIRWD | <0.1% | $426,801 | 101,378 | Held |
| NextEra EnergyNEE | <0.1% | $423,402 | 4,824 | Held |
| VentasVTR | <0.1% | $409,368 | 4,610 | Held |
| WelltowerWELL | <0.1% | $394,020 | 1,736 | Held |
| Vertex PharmaceuticalsVRTX | <0.1% | $387,449 | 780 | Held |
| HCA HealthcareHCA | <0.1% | $378,193 | 970 | Held |
| S&P GlobalSPGI | <0.1% | $358,389 | 880 | -98% |
| Dell TechnologiesDELL | <0.1% | $348,620 | 808 | -97% |
| Toll BrothersTOL | <0.1% | $347,128 | 2,107 | Held |
| EQTEQT | <0.1% | $346,562 | 6,518 | Held |
| Norfolk SouthernNSC | <0.1% | $336,297 | 1,069 | Held |
| NRG EnergyNRG | <0.1% | $335,208 | 2,295 | Held |
| Philip Morris InternationalPM | <0.1% | $334,141 | 1,847 | Held |
| KKRKKR | <0.1% | $326,737 | 3,560 | Held |
Showing the largest 100 of 131.
Options (1)
- State STR Spdr S&P 500 ETF TSPY
- Type
- Call
- Value
- $68,292
- Contracts
- 63
| Company | Type | Value | Contracts |
|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | Call | $68,292 | 63 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 78.6% since 30 June 2025.
Where the money is
Industrials41.9%
Technology12.2%
Media & telecom7.8%
Health care6.5%
Retail & consumer3.0%
Financial services2.8%
Materials2.3%
Utilities0.9%
Everyday goods0.8%
Energy0.7%
Real estate0.6%
Other20.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.