We are live on
!
Find out more
CM
Cercano Management Portfolio holdings
AUM
$2.32B
1-Year Est. Return
30.12%
This Fund
S&P 500
This Quarter
Est. Return
+15.98%
1 Year Est. Return
+30.12%
3 Year Est. Return
+102.51%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$3.03B
AUM Growth
+$214M
(+7.6%)
Cap. Flow
-$170M
Cap. Flow
% of AUM
-5.61%
Top 10 Holdings %
Top 10 Hldgs %
54.42%
Holding
116
New
12
Increased
6
Reduced
11
Closed
23
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$38.4M |
| 2 |
Dynatrace
DT
|
+$29.6M |
| 3 |
Lockheed Martin
LMT
|
+$28.8M |
| 4 |
COOP
Mr. Cooper
COOP
|
+$21.4M |
| 5 |
Rambus
RMBS
|
+$19.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$64.5M |
| 2 |
Apple
AAPL
|
+$37.2M |
| 3 |
Datadog
DDOG
|
+$30.6M |
| 4 |
Elevance Health
ELV
|
+$26.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$25.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 28.79% |
| 2 | Industrials | 28.58% |
| 3 | Financials | 15.03% |
| 4 | Healthcare | 9.1% |
| 5 | Communication Services | 4.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
101
Elevance Health
ELV
$81.5B
| – | – |
-61,043
| Closed | -$26.6M |
|
102
Highwoods Properties
HIW
$3.65B
| – | – |
-281,136
| Closed | -$5.79M |
|
|
KW
103
DELISTED
Kennedy-Wilson Holdings
KW
| – | – |
-224,114
| Closed | -$3.3M |
|
104
Medtronic
MDT
$109B
| – | – |
-23,800
| Closed | -$1.86M |
|
|
ONT
105
Onterris Inc
ONT
$759M
| – | – |
-235,254
| Closed | -$6.88M |
|
|
106
Meta Platforms (Facebook)
META
$1.42T
| – | – |
-84,788
| Closed | -$25.5M |
|
107
M&T Bank
MTB
$35.7B
| – | – |
-127,256
| Closed | -$16.1M |
|
108
O'Reilly Automotive
ORLY
$72.9B
| – | – |
-51,765
| Closed | -$3.14M |
|
109
Phillips 66
PSX
$84.9B
| – | – |
-18,500
| Closed | -$2.22M |
|
110
SentinelOne
S
$6.53B
| – | – |
-736,058
| Closed | -$12.4M |
|
111
Shoals Technologies Group
SHLS
$1.47B
| – | – |
-627,868
| Closed | -$11.5M |
|
112
Snowflake
SNOW
$102B
| – | – |
-8,436
| Closed | -$1.29M |
|
113
Vanguard Real Estate ETF
VNQ
$39.2B
| – | – |
-34,642
| Closed | -$2.62M |
|
114
Wolfspeed
WOLF
$1.23B
| – | – |
-270,592
| Closed | -$10.3M |
|
|
GTM
115
ZoomInfo Technologies
GTM
$973M
| – | – |
-842,870
| Closed | -$13.8M |
|
|
SGEN
116
DELISTED
Seagen Inc. Common Stock
SGEN
| – | – |
-304,040
| Closed | -$64.5M |
|
Similar funds
BWFA
FBIL
NDSIB
ABI
MFAM
NSAM
LFM
BAM
Cercano Management's Q4 2023 Portfolio in Review
As of Q4 2023, Cercano Management held 116 positions worth $3.03B, up 7.6% from $2.81B the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Cercano Management withdrew a net $170M in Q4 2023, closing 23 positions and reducing 11 holdings. Its most notable exit was Seagen Inc. Common Stock, an estimated $64.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 29% of assets, up from 28% a quarter earlier, followed by Industrials and Financials.
Against the trend, Cercano Management opened a new position in Dynatrace worth $32M.
- Cercano Management's largest Q4 2023 buy was Dynatrace: 585,515 shares worth $32M.
- Cercano Management added most to Amazon in Q4 2023, an estimated $38.4M increase.
- Cercano Management's biggest Q4 2023 reduction was Apple, cutting an estimated $37.2M.
- Cercano Management fully exited Seagen Inc. Common Stock in Q4 2023, selling an estimated $64.5M.
- Cercano Management's ten largest holdings make up 54% of its $3.03B portfolio in Q4 2023.
- Cercano Management opened 12 new positions and closed 23 in Q4 2023.
- Cercano Management's portfolio value rose 7.6% quarter-over-quarter to $3.03B.
Based on Cercano Management's 13F filing for Q4 2023, filed 2 Feb 2024.