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Cercano Management Portfolio holdings

AUM $2.32B
1-Year Est. Return 30.12%
This Fund
S&P 500
This Quarter Est. Return
+0.15%
1 Year Est. Return
+30.12%
3 Year Est. Return
+102.51%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.32B
AUM Growth
-$326M
Cap. Flow
-$296M
Cap. Flow %
-12.78%
Top 10 Hldgs %
56.29%
Holding
158
New
12
Increased
15
Reduced
37
Closed
16

Top Buys

Rank Stock Value
1
NFLX icon
Netflix
NFLX
+$53.6M
2
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$41M
3
BLDR icon
Builders FirstSource
BLDR
+$35.8M
4
MSFT icon
Microsoft
MSFT
+$27.4M
5
COF icon
Capital One
COF
+$16.5M

Top Sells

Rank Stock Value
1
XPO icon
XPO
XPO
+$213M
2
QXO
QXO Inc
QXO
+$137M
3
PANW icon
Palo Alto Networks
PANW
+$35.2M
4
IAU icon
iShares Gold Trust
IAU
+$22.3M
5
UNP icon
Union Pacific
UNP
+$18.6M

Sector Composition

Rank Sector Weight
1 Industrials 29.1%
2 Technology 16.49%
3 Healthcare 8.7%
4 Communication Services 8.5%
5 Financials 8.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ITW icon
101
Illinois Tool Works
ITW
$79.4B
$435K 0.02%
1,670
– –
HON icon
102
Honeywell
HON
$71.3B
$429K 0.02%
1,900
– –
VMC icon
103
CALL
Vulcan Materials
VMC
$37.4B
$429K 0.02%
+378
New +$111K
EQT icon
104
EQT Corp
EQT
$31B
$415K 0.02%
6,518
– –
ABBV icon
105
AbbVie
ABBV
$450B
$389K 0.02%
1,789
– –
VTR icon
106
Ventas
VTR
$46.7B
$377K 0.02%
4,610
– –
PLTR icon
107
Palantir
PLTR
$317B
$372K 0.02%
2,542
– –
IRWD icon
108
Ironwood Pharmaceuticals
IRWD
$635M
$356K 0.02%
101,378
– –
VRTX icon
109
Vertex Pharmaceuticals
VRTX
$123B
$348K 0.02%
780
– –
BSX icon
110
Boston Scientific
BSX
$65.4B
$346K 0.01%
5,517
-148,414
-96% -$11.9M
ADBE icon
111
Adobe
ADBE
$94.3B
$343K 0.01%
1,412
– –
WELL icon
112
Welltower
WELL
$172B
$343K 0.01%
1,736
– –
NRG icon
113
NRG Energy
NRG
$27.2B
$335K 0.01%
2,295
– –
KKR icon
114
KKR & Co
KKR
$90.6B
$329K 0.01%
3,560
– –
HAL icon
115
Halliburton
HAL
$29.4B
$314K 0.01%
8,064
– –
CVX icon
116
Chevron
CVX
$373B
$314K 0.01%
+1,518
New +$277K
NSC icon
117
Norfolk Southern
NSC
$76.4B
$307K 0.01%
1,069
– –
PM icon
118
Philip Morris
PM
$301B
$305K 0.01%
1,847
– –
NOC icon
119
Northrop Grumman
NOC
$74.1B
$298K 0.01%
437
– –
ORLY icon
120
O'Reilly Automotive
ORLY
$71.3B
$295K 0.01%
3,195
-92,240
-97% -$8.65M
DIS icon
121
Walt Disney
DIS
$170B
$294K 0.01%
+3,050
New +$322K
LMT icon
122
Lockheed Martin
LMT
$117B
$294K 0.01%
486
– –
T icon
123
AT&T
T
$152B
$291K 0.01%
10,032
– –
TOL icon
124
Toll Brothers
TOL
$14.1B
$288K 0.01%
2,107
– –
ISRG icon
125
Intuitive Surgical
ISRG
$122B
$286K 0.01%
621
– –
3 4
5
6 7

Similar funds

BWFA
Baltimore-Washington Financial Advisors Columbia, Maryland $2.32B AUM 16.8% 1-Year Est. Return
DIA
Davidson Investment Advisors Great Falls, Montana $2.32B AUM 21.07% 1-Year Est. Return
FBIL
First Beijing Investment Ltd Hong Kong $2.32B AUM 8.06% 1-Year Est. Return
NDSIB
North Dakota State Investment Board Bismarck, North Dakota $2.31B AUM
ABI
Abrams Bison Investments Bethesda, Maryland $2.31B AUM 40.26% 1-Year Est. Return
EPM
Elm Partners Management Philadelphia, Pennsylvania $2.31B AUM 16.02% 1-Year Est. Return
MFAM
Motley Fool Asset Management Alexandria, Virginia $2.33B AUM 21.93% 1-Year Est. Return
ST
Sageworth Trust Lancaster, Pennsylvania $2.33B AUM 20.04% 1-Year Est. Return

Cercano Management's Q1 2026 Portfolio in Review

As of Q1 2026, Cercano Management held 158 positions worth $2.32B, down 12% from $2.64B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Cercano Management withdrew a net $296M in Q1 2026, closing 16 positions and reducing 37 holdings. Its most notable exit was Palo Alto Networks, an estimated $35.2M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 29% of assets, down from 33% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Cercano Management opened a new position in Vanguard Real Estate ETF worth $9.42M.

  • Cercano Management's largest Q1 2026 buy was Vanguard Real Estate ETF: 106,191 shares worth $9.42M.
  • Cercano Management added most to Netflix in Q1 2026, an estimated $53.6M increase.
  • Cercano Management's biggest Q1 2026 reduction was XPO, cutting an estimated $213M.
  • Cercano Management fully exited Palo Alto Networks in Q1 2026, selling an estimated $35.2M.
  • Cercano Management's ten largest holdings make up 56% of its $2.32B portfolio in Q1 2026.
  • Cercano Management opened 12 new positions and closed 16 in Q1 2026.
  • Cercano Management's portfolio value fell 12% quarter-over-quarter to $2.32B.

Based on Cercano Management's 13F filing for Q1 2026, filed 13 May 2026.