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
+15.99%
1 Year Est. Return
+30.12%
3 Year Est. Return
+102.51%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.88B
AUM Growth
+$375M
Cap. Flow
+$64.9M
Cap. Flow %
2.25%
Top 10 Hldgs %
52.88%
Holding
133
New
19
Increased
20
Reduced
10
Closed
22

Top Buys

Rank Stock Value
1
SGEN
Seagen Inc. Common Stock
SGEN
+$63.4M
2
XPO icon
XPO
XPO
+$48.5M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$39.8M
4
SCHW
Charles Schwab
SCHW
+$37.3M
5
IBKR icon
Interactive Brokers
IBKR
+$27.8M

Top Sells

Rank Stock Value
1
JNK icon
State Street SPDR Bloomberg High Yield Bond ETF
JNK
+$172M
2
HYS icon
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
+$66.7M
3
MSFT icon
Microsoft
MSFT
+$33.5M
4
UNP icon
Union Pacific
UNP
+$23M
5
EW icon
Edwards Lifesciences
EW
+$17.5M

Sector Composition

Rank Sector Weight
1 Technology 28.16%
2 Industrials 27.7%
3 Financials 12.61%
4 Healthcare 10.6%
5 Communication Services 5.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MSFT icon
1
Microsoft
MSFT
$3.44T
$473M 16.44%
1,389,670
-106,862
-7% -$33.5M
UNP icon
2
Union Pacific
UNP
$174B
$305M 10.58%
1,488,489
-115,646
-7% -$23M
XPO icon
3
XPO
XPO
$23.8B
$213M 7.41%
3,614,053
+1,070,915
+42% +$48.5M
NVEE
4
DELISTED
NV5 Global
NVEE
$137M 4.77%
4,959,328
– –
SCHW
5
Charles Schwab
SCHW
$183B
$92.8M 3.22%
1,637,925
+711,705
+77% +$37.3M
GOOG icon
6
Alphabet (Google) Class C
GOOG
$4.37T
$68.2M 2.37%
563,793
– –
SGEN
7
DELISTED
Seagen Inc. Common Stock
SGEN
$61.4M 2.13%
+319,038
New +$63.4M
AMZN icon
8
Amazon
AMZN
$2.92T
$59.4M 2.06%
455,916
+144,535
+46% +$16.5M
MCO icon
9
Moody's
MCO
$83.1B
$59.1M 2.05%
169,948
– –
HYLB icon
10
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
$53M 1.84%
1,537,172
– –
V icon
11
Visa
V
$684B
$50.8M 1.77%
214,014
– –
UNH icon
12
UnitedHealth
UNH
$378B
$50.1M 1.74%
104,185
– –
SPGI icon
13
S&P Global
SPGI
$122B
$48.5M 1.69%
121,034
– –
ADI icon
14
Analog Devices
ADI
$180B
$45.1M 1.57%
231,598
– –
CP icon
15
Canadian Pacific Kansas City
CP
$78.3B
$44.5M 1.55%
551,160
+158,905
+41% +$12.5M
QQQ icon
16
Invesco QQQ Trust
QQQ
$454B
$43.7M 1.52%
+118,286
New +$39.8M
CHTR icon
17
Charter Communications
CHTR
$17.4B
$36.8M 1.28%
100,194
+5,768
+6% +$1.97M
FTNT icon
18
Fortinet
FTNT
$118B
$33.2M 1.15%
438,759
+76,282
+21% +$5.19M
SHW icon
19
Sherwin-Williams
SHW
$82.7B
$32.5M 1.13%
122,581
+36,501
+42% +$8.59M
NOC icon
20
Northrop Grumman
NOC
$77.3B
$32.4M 1.13%
71,109
-5,193
-7% -$2.36M
META icon
21
Meta Platforms (Facebook)
META
$1.41T
$32.1M 1.12%
112,012
-66,881
-37% -$16.5M
AMAT icon
22
Applied Materials
AMAT
$408B
$29.3M 1.02%
202,557
+62,466
+45% +$7.82M
IBKR icon
23
Interactive Brokers
IBKR
$39.5B
$29.2M 1.01%
+1,407,032
New +$27.8M
ATVI
24
DELISTED
Activision Blizzard
ATVI
$28.8M 1%
342,147
+80,070
+31% +$6.48M
PGNY icon
25
Progyny
PGNY
$2.43B
$27.9M 0.97%
+709,356
New +$25.6M
1
2 3 4 5

Similar funds

BWFA
Baltimore-Washington Financial Advisors Columbia, Maryland $2.32B AUM 16.8% 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
MFAM
Motley Fool Asset Management Alexandria, Virginia $2.33B AUM 21.93% 1-Year Est. Return
NSAM
North Star Asset Management Neenah, Wisconsin $2.31B AUM 10.09% 1-Year Est. Return
LFM
LGT Fund Management Vaduz, Liechtenstein $2.3B AUM 22.66% 1-Year Est. Return
BAM
Berkshire Asset Management Wilkes Barre, Pennsylvania $2.33B AUM 19.33% 1-Year Est. Return

Cercano Management's Q2 2023 Portfolio in Review

As of Q2 2023, Cercano Management held 133 positions worth $2.88B, up 15% from $2.5B the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Cercano Management's Q2 2023 filing shows 19 new, 20 increased, 10 reduced and 22 closed positions. Its largest new stake was Seagen Inc. Common Stock: 319,038 shares worth $61.4M. The largest sale was State Street SPDR Bloomberg High Yield Bond ETF, an estimated $172M.

By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 26% a quarter earlier, followed by Industrials and Financials.

  • Cercano Management's largest Q2 2023 buy was Seagen Inc. Common Stock: 319,038 shares worth $61.4M.
  • Cercano Management added most to XPO in Q2 2023, an estimated $48.5M increase.
  • Cercano Management's biggest Q2 2023 reduction was Microsoft, cutting an estimated $33.5M.
  • Cercano Management fully exited State Street SPDR Bloomberg High Yield Bond ETF in Q2 2023, selling an estimated $172M.
  • Cercano Management's ten largest holdings make up 53% of its $2.88B portfolio in Q2 2023.
  • Cercano Management opened 19 new positions and closed 22 in Q2 2023.
  • Cercano Management's portfolio value rose 15% quarter-over-quarter to $2.88B.

Based on Cercano Management's 13F filing for Q2 2023, filed 2 Aug 2023.