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Cercano Management Portfolio holdings

AUM $750M
1-Year Est. Return 25.77%
This Fund
S&P 500
This Quarter Est. Return
+14.95%
1 Year Est. Return
+25.77%
3 Year Est. Return
+100.68%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$750M
AUM Growth
-$1.57B
Cap. Flow
-$1.76B
Cap. Flow %
-234.31%
Top 10 Hldgs %
65.26%
Holding
164
New
22
Increased
2
Reduced
45
Closed
32

Top Buys

Rank Stock Value
1
PDO
PIMCO Dynamic Income Opportunities Fund
PDO
+$10.3M
2
VMC icon
Vulcan Materials
VMC
+$5.45M
3
MU icon
Micron Technology
MU
+$5.03M
4
DASH icon
DoorDash
DASH
+$3.95M
5
JAZZ icon
Jazz Pharmaceuticals
JAZZ
+$3.8M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$238M
2
XPO icon
XPO
XPO
+$154M
3
LLY icon
Eli Lilly
LLY
+$135M
4
NVDA icon
NVIDIA
NVDA
+$110M
5
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$106M

Sector Composition

Rank Sector Weight
1 Industrials 44.41%
2 Miscellaneous 20.61%
3 Technology 8.89%
4 Communication Services 7.84%
5 Healthcare 6.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFLX icon
76
Netflix
NFLX
$331B
$738K 0.1%
10,330
-608,097
-98% -$53.6M
BRK.B icon
77
Berkshire Hathaway Class B
BRK.B
$1.08T
$685K 0.09%
1,369
-869
-39% -$418K
INTC icon
78
Intel
INTC
$502B
$649K 0.09%
4,648
– –
FANG icon
79
Diamondback Energy
FANG
$55.9B
$627K 0.08%
3,566
– –
PG icon
80
Procter & Gamble
PG
$341B
$626K 0.08%
4,272
– –
V icon
81
Visa
V
$698B
$613K 0.08%
1,787
-75,651
-98% -$24.3M
AMD icon
82
Advanced Micro Devices
AMD
$766B
$551K 0.07%
+948
New +$389K
JNJ icon
83
Johnson & Johnson
JNJ
$666B
$489K 0.07%
1,925
– –
NEM icon
84
Newmont
NEM
$136B
$478K 0.06%
5,118
– –
ITW icon
85
Illinois Tool Works
ITW
$77.4B
$452K 0.06%
1,670
– –
ABBV icon
86
AbbVie
ABBV
$455B
$450K 0.06%
1,789
– –
IRWD icon
87
Ironwood Pharmaceuticals
IRWD
$702M
$427K 0.06%
101,378
– –
NEE icon
88
NextEra Energy
NEE
$175B
$423K 0.06%
4,824
– –
VTR icon
89
Ventas
VTR
$47.1B
$409K 0.05%
4,610
– –
WELL icon
90
Welltower
WELL
$173B
$394K 0.05%
1,736
– –
VRTX icon
91
Vertex Pharmaceuticals
VRTX
$140B
$387K 0.05%
780
– –
HCA icon
92
HCA Healthcare
HCA
$87.3B
$378K 0.05%
970
– –
SPGI icon
93
S&P Global
SPGI
$131B
$358K 0.05%
880
-51,155
-98% -$21.6M
DELL icon
94
Dell
DELL
$334B
$349K 0.05%
808
-24,003
-97% -$6.94M
TOL icon
95
Toll Brothers
TOL
$13B
$347K 0.05%
2,107
– –
EQT icon
96
EQT Corp
EQT
$34.4B
$347K 0.05%
6,518
– –
NSC icon
97
Norfolk Southern
NSC
$74.2B
$336K 0.04%
1,069
– –
NRG icon
98
NRG Energy
NRG
$24.4B
$335K 0.04%
2,295
– –
PM icon
99
Philip Morris
PM
$288B
$334K 0.04%
1,847
– –
KKR icon
100
KKR & Co
KKR
$97.4B
$327K 0.04%
3,560
– –
2 3
4
5 6

Similar funds

BCM
Bienville Capital Management New York $750M AUM 2.59% 1-Year Est. Return
QI
Qtron Investments Boston, Massachusetts $750M AUM 44.01% 1-Year Est. Return
FIS
FCPM III Services Naarden, Netherlands $750M AUM 127.27% 1-Year Est. Return
VCM
Virtue Capital Management Brentwood, Tennessee $749M AUM 40.13% 1-Year Est. Return
TWM
TRB Wealth Management Houston, Texas $751M AUM
PFA
Perryman Financial Advisory Dallas, Texas $751M AUM
JA
JLB & Associates Plymouth, Michigan $748M AUM 27.21% 1-Year Est. Return
NFA
Northwest Financial Advisors Herndon, Virginia $752M AUM 16.97% 1-Year Est. Return

Cercano Management's Q2 2026 Portfolio in Review

As of Q2 2026, Cercano Management held 164 positions worth $750M, down 68% from $2.32B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Cercano Management withdrew a net $1.76B in Q2 2026, closing 32 positions and reducing 45 holdings. Its most notable exit was Charles Schwab, an estimated $36.7M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 44% of assets, up from 29% a quarter earlier, followed by Miscellaneous and Technology.

Against the trend, Cercano Management opened a new position in PIMCO Dynamic Income Opportunities Fund worth $10.4M.

  • Cercano Management's largest Q2 2026 buy was PIMCO Dynamic Income Opportunities Fund: 783,312 shares worth $10.4M.
  • Cercano Management added most to James Hardie Industries in Q2 2026, an estimated $3.25M increase.
  • Cercano Management's biggest Q2 2026 reduction was Microsoft, cutting an estimated $238M.
  • Cercano Management fully exited Charles Schwab in Q2 2026, selling an estimated $36.7M.
  • Cercano Management's ten largest holdings make up 65% of its $750M portfolio in Q2 2026.
  • Cercano Management opened 22 new positions and closed 32 in Q2 2026.
  • Cercano Management's portfolio value fell 68% quarter-over-quarter to $750M.

Based on Cercano Management's 13F filing for Q2 2026, filed 13 Aug 2026.