Cercano Management’s Western Alliance Bancorporation WAL Stock Holding History

Cercano Management’s Portfolio WAL Stock Details WAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-90,774	Closed	-$7.87M	–	165
2025 Q3	$7.87M	Sell	90,774 -132,555	-59%	-$11.2M	0.3%	55
2025 Q2	$17.4M	Buy	+223,329	New	+$16M	0.5%	47
2025 Q1	–	Sell	-212,027	Closed	-$17.7M	–	190
2024 Q4	$17.7M	Hold	212,027	–	–	0.45%	44
2024 Q3	$18.3M	Sell	212,027 -586,960	-73%	-$45.2M	0.44%	54
2024 Q2	$50.2M	Buy	798,987 +169,205	+27%	+$10.2M	1.34%	21
2024 Q1	$40.4M	Buy	629,782 +16,259	+3%	+$998K	1.12%	21
2023 Q4	$40.4M	Hold	613,523	–	–	1.33%	16
2023 Q3	$28.2M	Buy	613,523 +587,173	+2,228%	+$27.7M	1%	23
2023 Q2	$961K	Buy	+26,350	New	+$914K	0.03%	90

Other funds holding WAL

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $33B AUM 40.62% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

DAM

Davis Asset Management Sausalito, California $3.95B AUM 11.79% 1-Year Est. Return

Cercano Management's WAL Position: Q4 2025 in Review

Cercano Management sold out of Western Alliance Bancorporation (WAL) in Q4 2025, closing a stake of 90,774 shares — an estimated $7.87M sold.

Cercano Management first reported a position in WAL in Q2 2023 and held it in 9 quarters. The position peaked at $50.2M in Q2 2024. 442 funds tracked by Wall St. Rank hold WAL as of Q4 2025.

Cercano Management reported no remaining Western Alliance Bancorporation position as of Q4 2025 after selling out during the quarter.
Cercano Management sold 90,774 Western Alliance Bancorporation shares in Q4 2025, an estimated $7.87M.
Cercano Management first reported a position in Western Alliance Bancorporation in Q2 2023 and held it in 9 quarters.
Cercano Management's Western Alliance Bancorporation position peaked at $50.2M in Q2 2024.
442 funds tracked by Wall St. Rank held Western Alliance Bancorporation as of Q4 2025.

Based on Cercano Management's 13F filing for Q4 2025, filed 10 Feb 2026.