13F

Investor

Cercano Management LLC

CIK 0001936416 · filed 2026-05-13 · SEC filing

13F book

$2.32B

Positions

139

9 new · 15 sold

Largest name

11.0%

Union Pac Corp

Est. mark

−$93.2M

Price effect on 130 names still held. Flow −$233.3M.
NameTickerSharesValueWeightEst. markChange
Union Pac Corp1.05M$255M11.0%$11.9MCut−$5.66M
Microsoft CorpMSFT608.3K$225.2M9.7%−$93.7MAdded−$69.5M
XPO, Inc.XPO756.5K$147.2M6.4%$44.4MCut−$117.3M
Invesco Exchange Traded Fd T741.4K$142.3M6.1%$192.4KAdded$39.9M
Eli Lilly & CoLLY137.4K$126.4M5.5%−$21.3MCut−$26.7M
Nvidia CorpNVDA623.7K$108.8M4.7%−$7.55MCut−$8.01M
Qxo Inc4.81M$93.5M4.0%$625.7KCut−$115.2M
Meta Platforms, Inc.META150.5K$86.1M3.7%−$13.2MCut−$13.6M
Amazon Com IncAMZN288.2K$60M2.6%−$5.67MAdded$1.96M
Netflix IncNFLX618.4K$59.5M2.6%$24.7KAdded$58.5M
Schwab Charles Corp390.2K$36.7M1.6%−$2.31MHeld
Spdr S&P 500 Etf Tr55.8K$36.3M1.6%−$1.76MHeld
Spdr Series Trust1.39M$34.4M1.5%−$194.3KHeld
Builders FirstSource, Inc.BLDR386.3K$31.8M1.4%−$1.05MAdded$26.5M
Capital One Finl Corp173.6K$31.7M1.4%−$5.67MAdded$8.75M
Blacksky Technology Inc1.24M$31.3M1.4%$7.97MHeld
GE Vernova Inc.GEV33.2K$29M1.3%$7.28MHeld
Invesco Qqq Tr48.7K$28.1M1.2%−$1.81MHeld
Nautilus Biotechnology, Inc.NAUT7.17M$27.8M1.2%$13.8MHeld
Constellation Energy CorpCEG93.1K$26M1.1%−$6.89MCut−$9.66M
Spdr Index Shs Fds548.9K$25.7M1.1%$54.9KCut−$4.31M
Alphabet Inc88.9K$25.6M1.1%−$2.26MCut−$2.55M
Alphabet Inc87.8K$25.2M1.1%−$1.69MAdded$5.49M
Moodys Corp57.4K$25M1.1%−$4.28MHeld
Unitedhealth Group IncUNH90.9K$24.6M1.1%−$5.41MHeld
Visa Inc.V77.4K$23.4M1.0%−$3.73MAdded−$3.61M
Ishares Gold Tr254.3K$22.4M1.0%$1.78MCut−$18M
S&P Global Inc.SPGI52K$22.1M1.0%−$5.06MHeld
Select Sector Spdr Tr162.1K$21.5M0.9%−$1.09MAdded$7.36M
Boeing Co107.9K$21.5M0.9%−$1.65MAdded$1.73M
Select Sector Spdr Tr140.9K$20.7M0.9%−$421.9KAdded$12.7M
Tic Solutions Inc2.9M$19.1M0.8%−$10.2MHeld
Linde PlcLIN36.4K$18.1M0.8%$2.53MCut$2.32M
Ishares Inc239.6K$18M0.8%$1.41MHeld
Quanta Svcs Inc32.7K$17.9M0.8%$4.15MCut$3.98M
Ishares Inc434.5K$16.7M0.7%$2.88MCut$1.08M
Apollo Global Mgmt Inc147.6K$16.4M0.7%−$4.92MHeld
Ishares Inc132.8K$16.3M0.7%$3.42MHeld
Apple Inc.AAPL63.9K$16.2M0.7%−$1.15MCut−$1.42M
Sherwin Williams CoSHW49.2K$15.8M0.7%−$171.2KCut−$5.55M
Lam Research CorpLRCX71.5K$15.3M0.7%$3.04MCut$2.9M
Vanguard Index Fds69.1K$13.6M0.6%$360.1KHeld
Denali Therapeutics Inc.DNLI625K$12M0.5%$1.68MHeld
Costco Whsl Corp New10.6K$10.6M0.5%$1.43MCut−$4.19M
Franklin Templeton Etf Tr263.7K$10.5M0.5%$2.06MHeld
Spdr Series Trust217.9K$9.92M0.4%$494.7KHeld
Spdr Series Trust206.6K$9.88M0.4%−$33.1KCut−$5.2M
Ishares Tr99.1K$9.84M0.4%−$60.5KCut−$5.3M
Vanguard Index Fds106.2K$9.42M0.4%New
Select Sector Spdr Tr148.7K$9.11M0.4%$2.46MHeld
Jpmorgan Chase & Co.28.4K$8.35M0.4%−$796.5KCut−$7.55M
Louisiana Pac Corp113.9K$8.29M0.4%−$912.5KCut−$1.03M
Global X Fds104.7K$7.99M0.3%$477.3KCut$275.2K
Home Depot, Inc.HD23.4K$7.71M0.3%−$356.6KCut−$504.5K
Walmart Inc.WMT59.2K$7.36M0.3%$762.2KCut−$369K
Bank America Corp149.6K$7.29M0.3%−$934.8KCut−$4.87M
Morgan Stanley43.8K$7.2M0.3%−$36.4KAdded$6.7M
Advanced Drain Sys Inc Del50K$6.86M0.3%−$385.1KCut−$7.66M
Danaher Corporation33.7K$6.39M0.3%−$1.32MCut−$6.48M
Grab Holdings Limited1.6M$5.86M0.3%−$2.13MHeld
International Seaways, Inc.INSW73.1K$5.33M0.2%$1.78MCut$1.19M
Franklin Templeton Etf Tr146.6K$5.3M0.2%$253.6KCut−$8.44M
United Rentals, Inc.URI7.28K$5.3M0.2%−$587.9KCut−$732.7K
Martin Marietta Matls Inc8.41K$4.95M0.2%−$285.7KCut−$5.74M
Mcdonalds CorpMCD14.7K$4.56M0.2%$4.78KAdded$4.27M
Enterprise Prods Partners L120K$4.54M0.2%$693.7KHeld
Ishares Bitcoin Trust EtfIBIT117.1K$4.5M0.2%−$1.32MHeld
Ishares Tr18.1K$4.5M0.2%$33.4KHeld
Cincinnati Finl Corp26.8K$4.22M0.2%New
Dell Technologies Inc.DELL24.8K$4.07M0.2%$949KCut−$2.74M
Broadcom Inc.AVGO12.3K$3.81M0.2%−$451KCut−$642K
James Hardie Inds Plc190.7K$3.61M0.2%New
Spdr Series Trust45.2K$3.46M0.1%−$166.2KHeld
Tpg Re Fin Tr Inc401.6K$3.14M0.1%−$321.3KHeld
Pimco Etf Tr57.9K$3.02M0.1%−$12.7KHeld
Vanguard Index Fds3.94K$2.35M0.1%−$116.6KHeld
Ishares Tr46.5K$2.18M0.1%−$335KHeld
Hafnia LtdHAFN264.4K$2.03M0.1%$607.1KHeld
Phillips 66PSX9.4K$1.71M0.1%$499.3KCut$354K
Williams Cos Inc21.5K$1.56M0.1%$272.3KCut$129.7K
Caterpillar IncCAT2.18K$1.54M0.1%$295.6KHeld
Starwood Ppty Tr Inc79K$1.36M0.1%−$62.4KHeld
Mastercard IncMA2.57K$1.29M0.1%−$183.3KHeld
Tesla, Inc.TSLA3.05K$1.13M0.0%−$237.7KHeld
Capital Group International32.7K$1.08M0.0%$20KHeld
Berkshire Hathaway Inc Del2.24K$1.07M0.0%−$32.1KAdded$384.3K
Spdr Series Trust35.2K$1.01M0.0%−$6.34KHeld
Applied Matls Inc2.9K$989.8K0.0%$245.6KHeld
Eaton Corp PlcETN2.55K$912.1K0.0%$99.9KHeld
Merck & Co., Inc.MRK7.16K$860.8K0.0%$107.6KHeld
Exxon Mobil Corp4.78K$811.5K0.0%$112.4KAdded$537.1K
Diamondback Energy, Inc.FANG3.57K$705.3K0.0%$169.2KHeld
Texas Instrs Inc3.56K$691.7K0.0%$73.6KHeld
Trane Technologies PlcTT1.52K$632.2K0.0%$41.8KHeld
Procter And Gamble CoPG4.27K$617K0.0%$4.83KHeld
Newmont Corp5.12K$554K0.0%$43KHeld
Select Sector Spdr Tr4.27K$473K0.0%−$29.3KHeld
Johnson & JohnsonJNJ1.93K$470.5K0.0%$72.2KHeld
HCA Healthcare, Inc.HCA970$459K0.0%$6.19KHeld
Nextera Energy Inc4.82K$448.1K0.0%$60.8KHeld
Illinois Tool Wks Inc1.67K$434.7K0.0%$23.4KHeld
Honeywell Intl Inc1.9K$429.5K0.0%$58.8KHeld
Eqt CorpEQT6.52K$414.8K0.0%$65.4KHeld
AbbVie Inc.ABBV1.79K$389.1K0.0%−$19.7KHeld
Ventas, Inc.VTR4.61K$377K0.0%$20.3KHeld
Palantir Technologies Inc.PLTR2.54K$371.8K0.0%−$80KHeld
Ironwood Pharmaceuticals IncIRWD101.4K$355.8K0.0%$14.2KHeld
Vertex Pharmaceuticals Inc780$348.3K0.0%−$5.32KHeld
Boston Scientific CorpBSX5.52K$346.2K0.0%−$179.9KCut−$14.3M
Adobe Inc.ADBE1.41K$343.2K0.0%−$151KHeld
Welltower Inc.WELL1.74K$343.2K0.0%$21KHeld
Nrg Energy, Inc.NRG2.29K$335.4K0.0%−$30.1KHeld
Kkr & Co Inc3.56K$329.3K0.0%−$124.5KHeld
Halliburton CoHAL8.06K$314.4K0.0%$86.5KHeld
Chevron Corp NewCVX1.52K$314.1K0.0%New
Norfolk Southn Corp1.07K$306.8K0.0%−$1.84KHeld
Philip Morris Intl Inc1.85K$305.4K0.0%$9.12KHeld
Northrop Grumman Corp437$298.1K0.0%$49KHeld
Oreilly Automotive Inc3.19K$294.9K0.0%$3.51KCut−$8.41M
Disney Walt Co3.05K$294K0.0%New
Lockheed Martin CorpLMT486$293.7K0.0%$58.7KHeld
At&T Inc10K$290.8K0.0%$41.6KHeld
Toll Brothers, Inc.TOL2.11K$287.5K0.0%$2.63KHeld
Intuitive Surgical IncISRG621$286.3K0.0%−$65.4KHeld
Abbott LabsABT2.61K$267.7K0.0%−$59KHeld
Intuit Inc.INTU619$267.6K0.0%−$142.4KHeld
Oneok Inc /New/OKE2.96K$267.3K0.0%$49.9KHeld
Starbucks CorpSBUX2.98K$267K0.0%$16KHeld
Tjx Cos Inc New1.66K$265.1K0.0%$10.1KHeld
Thermo Fisher Scientific Inc.TMO531$261K0.0%−$46.7KHeld
Allstate Corp1.12K$231.8K0.0%−$906Held
Westlake CorpWLK1.98K$231.1K0.0%New
Ge Aerospace769$218.2K0.0%−$18.7KHeld
Amgen IncAMGN620$218.1K0.0%$15.2KHeld
Lowes Cos Inc910$215K0.0%−$4.44KHeld
Prudential Finl Inc2.2K$214.5K0.0%−$33.4KHeld
Cummins IncCMI382$205.5K0.0%New
Intel CorpINTC4.65K$205.1K0.0%New
Cme Group Inc.CME683$201.7K0.0%New

Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.