Cercano Management LLC — 13F Holdings & Portfolio

CIK 1936416 · latest 13F-HR filed 2026-08-14

Cercano Management LLC manages $749.9M in 13F-reported U.S. long-equity assets across 155 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are UNP (37.21%), RSP (6.27%), META (5.95%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 13 new positions, exited 15, added to 2, and trimmed 9.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
1110 112TH AVENUE NE
SUITE 202
BELLEVUE, WA 98004
Phone
(425) 371-7500
Filing Manager
Cercano Management LLC
BELLEVUE, WA
Signatory
Malinda Khauv
Chief Compliance Officer
Loading holdings…
AUM

$749.9M

Long-equity book

Holdings

155

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+13 / −15 / ↑2 / ↓9

vs 2026-06-30

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • TEXAS INSTRS INC$795.8K +298.9%
  • TESLA INC$220.0K +20.7%
Show all 2

Top Trims

  • VENTAS INC-$14.7M -97.3%
  • SELECT SECTOR SPDR TR-$8.7M -52.3%
  • STATE STR SPDR S&P MIDCAP 40-$5.8M -69.4%
  • VISA INC-$5.0M -89.1%
  • SELECT SECTOR SPDR TR-$3.4M -43.2%
Show all 9

New Positions

  • SELECT SECTOR SPDR TR$16.6M
  • VANGUARD INDEX FDS$15.1M
  • SPDR SERIES TRUST$8.3M
  • QXO INC$8.3M
  • TPG RE FIN TR INC$3.4M
Show all 13

Exited Positions

  • US BANCORP$279.7M
  • SHERWIN WILLIAMS CO$8.3M
  • SCHWAB CHARLES CORP$4.5M
  • T-MOBILE US INC$3.4M
  • WEC ENERGY GROUP INC$2.3M
Show all 15
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 UNION PAC CORP UNP 907818108 $279.0M 37.21% 1,025,903 SH
2 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $47.0M 6.27% 221,055 SH
3 META PLATFORMS INC META 30303M102 $44.6M 5.95% 79,237 SH
4 BLACKSKY TECHNOLOGY INC BKSY 09263B207 $26.0M 3.47% 932,982 SH
5 SELECT SECTOR SPDR TR XLK 81369Y803 $16.6M 2.21% 86,935 SH
6 DENALI THERAPEUTICS INC DNLI 24823R105 $16.1M 2.14% 625,000 SH
7 VANGUARD INDEX FDS VTV 922908744 $15.1M 2.01% 69,120 SH
8 NAUTILUS BIOTECHNOLOGY INC NAUT 63909J108 $13.4M 1.79% 7,172,985 SH
9 NVIDIA CORPORATION NVDA 67066G104 $10.8M 1.45% 54,224 SH
10 PIMCO DYNAMIC INCOME OPRNTS PDO 69355M107 $10.4M 1.38% 783,312 SH
11 AMAZON COM INC AMZN 023135106 $9.7M 1.29% 40,502 SH
12 JAMES HARDIE INDS PLC JHX G4253H101 $8.9M 1.18% 338,568 SH
13 ISHARES INC EWY 464286772 $8.7M 1.16% 43,201 SH
14 SPDR SERIES TRUST SPYD 78468R788 $8.3M 1.11% 174,939 SH
15 QXO INC QXO 82846H405 $8.3M 1.11% 482,875 SH
16 SELECT SECTOR SPDR TR XLE 81369Y506 $7.9M 1.05% 148,672 SH
17 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $7.2M 0.96% 9,660 SH
18 MICRON TECHNOLOGY INC MU 595112103 $6.8M 0.91% 5,895 SH
19 APPLE INC AAPL 037833100 $6.8M 0.91% 23,508 SH
20 NVIDIA CORPORATION NVDA 67066G104 $6.7M 0.90% 33,589 SH
21 GRAB HOLDINGS LIMITED GRAB G4124C109 $6.0M 0.80% 1,600,000 SH
22 XPO INC XPO 983793100 $6.0M 0.80% 29,081 SH
23 CAPITAL ONE FINL CORP COF 14040H105 $5.8M 0.77% 28,692 SH
24 INTERNATIONAL SEAWAYS INC INSW Y41053102 $5.6M 0.75% 73,147 SH
25 VULCAN MATLS CO VMC 929160109 $5.5M 0.73% 18,658 SH
26 ISHARES TR IWM 464287655 $5.4M 0.73% 18,137 SH
27 ELI LILLY & CO LLY 532457108 $5.1M 0.68% 4,248 SH
28 ISHARES INC EWW 464286822 $4.8M 0.64% 63,900 SH
29 BROADCOM INC AVGO 11135F101 $4.7M 0.62% 12,325 SH
30 ALPHABET INC GOOG 02079K107 $4.6M 0.62% 13,160 SH
31 SELECT SECTOR SPDR TR XLV 81369Y209 $4.5M 0.60% 28,280 SH
32 MICROSOFT CORP MSFT 594918104 $4.4M 0.59% 11,901 SH
33 ENTERPRISE PRODS PARTNERS L EPD 293792107 $4.4M 0.59% 120,021 SH
34 DOORDASH INC DASH 25809K105 $4.4M 0.58% 23,640 SH
35 ISHARES INC EWZ 464286400 $4.2M 0.56% 121,776 SH
36 JAZZ PHARMACEUTICALS PLC JAZZ G50871105 $4.2M 0.56% 17,331 SH
37 ALPHABET INC GOOGL 02079K305 $4.2M 0.55% 11,620 SH
38 ISHARES BITCOIN TRUST ETF IBIT 46438F101 $3.9M 0.52% 117,140 SH
39 LAM RESEARCH CORP LRCX 512807306 $3.7M 0.49% 8,560 SH
40 AMAZON COM INC AMZN 023135106 $3.6M 0.48% 15,120 SH
41 TPG RE FIN TR INC TRTX 87266M107 $3.4M 0.45% 401,607 SH
42 PIMCO ETF TR MUNI 72201R866 $3.0M 0.41% 57,919 SH
43 LAM RESEARCH CORP LRCX 512807306 $2.8M 0.38% 6,550 SH
44 MICROSOFT CORP MSFT 594918104 $2.7M 0.36% 7,262 SH
45 ALPHABET INC GOOGL 02079K305 $2.6M 0.35% 7,373 SH
46 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $2.6M 0.34% 3,636 SH
47 CATERPILLAR INC CAT 149123101 $2.3M 0.31% 2,180 SH
48 ISHARES TR INDA 46429B598 $2.3M 0.31% 46,470 SH
49 QUANTA SVCS INC PWR 74762E102 $2.3M 0.30% 3,130 SH
50 APPLE INC AAPL 037833100 $2.2M 0.29% 7,604 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $1.04B 159 0001062993-26-004240
2026-06-30 2026-08-14 $749.9M 155 0001062993-26-004352
2026-03-31 2026-05-13 $2.32B 167 0001062993-26-002563
2025-12-31 2026-02-10 $2.64B 171 0001062993-26-000745
2025-09-30 2025-11-07 $2.61B 173 0001062993-25-016553