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
+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
FOXA icon
151
Fox Class A
FOXA
$24.2B
– –
-3,218
Closed -$235K
GPOR icon
152
Gulfport Energy Corp
GPOR
$2.75B
– –
-2,819
Closed -$586K
JLL icon
153
Jones Lang LaSalle
JLL
$15.3B
– –
-630
Closed -$212K
LIN icon
154
CALL
Linde
LIN
$237B
– –
-256
Closed -$586K
LPLA icon
155
LPL Financial
LPLA
$26B
– –
-570
Closed -$204K
MELI icon
156
Mercado Libre
MELI
$92B
– –
-199
Closed -$401K
PANW icon
157
Palo Alto Networks
PANW
$292B
– –
-190,830
Closed -$35.2M
SYK icon
158
Stryker
SYK
$123B
– –
-598
Closed -$210K
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.