Cercano Management Llc Portfolio Stock Holdings

Cercano Management Llc disclosed 139 stock positions valued at approximately $2.3 billion in its latest SEC 13F filing. The largest holdings include UNION PAC CORP, MICROSOFT CORP, and XPO INC. The filing reflects positions held as of March 31, 2026 and was filed on May 13, 2026.

Report Period
March 31, 2026
No. of Stocks
139
Portfolio Value
$2.3B
Holdings by Sector
Cercano Management Llc Portfolio Holdings in Q1 2026

136 holdings in the latest reporting period.

Page 1 of 2
CompanySymbolSectorPortfolio %SharesChange (Shares)Change %Value
UNION PAC CORPUNPIndustrials11.01%1,050,823-75,785-6.73%$254,950,676
MICROSOFT CORPMSFTTechnology9.73%608,325+65,589+12.08%$225,183,665
XPO INCXPOIndustrials6.36%756,536-1,189,460-61.12%$147,184,079
INVESCO EXCHANGE TRADED FD TRSPOther6.15%741,425+206,947+38.72%$142,294,286
ELI LILLY & COLLYHealthcare5.46%137,377-5,077-3.56%$126,355,243
NVIDIA CORPORATIONNVDATechnology4.70%623,668-2,490-0.40%$108,767,700
QXO INCQXOTechnology4.04%4,813,158-6,002,674-55.50%$93,471,528
META PLATFORMS INCMETACommunication Services3.72%150,454-553-0.37%$86,079,247
AMAZON COM INCAMZNConsumer Cyclical2.59%288,193+36,654+14.57%$60,021,956
NETFLIX INC.NFLXCommunication Services2.57%618,427+608,097+5886.71%$59,461,757
SCHWAB CHARLES CORPSCHWFinancial Services1.58%390,217--$36,672,594
STATE STR SPDR S&P 500 ETF TSPYOther1.57%55,788--$36,281,168
SPDR SERIES TRUSTHYMBOther1.49%1,387,825--$34,418,060
BUILDERS FIRSTSOURCE INCBLDRIndustrials1.37%386,254+335,126+655.46%$31,800,292
CAPITAL ONE FINL CORPCOFFinancial Services1.37%173,628+79,058+83.60%$31,674,956
GE VERNOVA INCGEVUtilities1.25%33,199--$28,979,407
INVESCO QQQ TRQQQOther1.21%48,739--$28,131,176
NAUTILUS BIOTECHNOLOGY INCNAUTHealthcare1.20%7,172,985--$27,831,182
CONSTELLATION ENERGY CORPCEGUtilities1.12%93,085-7,830-7.76%$25,993,986
SPDR INDEX SHS FDSSPEMOther1.11%548,897-93,203-14.52%$25,748,758
ALPHABET INCGOOGLCommunication Services1.10%88,904-933-1.04%$25,565,234
ALPHABET INCGOOGCommunication Services1.09%87,753+25,015+39.87%$25,172,826
MOODYS CORPMCOFinancial Services1.08%57,368--$25,026,790
UNITEDHEALTH GROUP INCUNHHealthcare1.06%90,927--$24,603,937
VISA INCVFinancial Services1.01%77,438+399+0.52%$23,404,861
ISHARES GOLD TRIAUOther0.97%254,300-243,222-48.89%$22,419,088
S&P GLOBAL INCSPGIFinancial Services0.96%52,035--$22,132,567
SELECT SECTOR SPDR TRXLKOther0.93%162,055+63,607+64.61%$21,537,110
BOEING COBAIndustrials0.93%107,941+16,939+18.61%$21,483,497
SELECT SECTOR SPDR TRXLVOther0.89%140,876+89,357+173.44%$20,653,830
TIC SOLUTIONS INCTICOther0.82%2,902,230--$19,096,673
LINDE PLCLINOther0.78%36,423-485-1.31%$18,057,066
ISHARES INCEWWOther0.78%239,617--$18,026,387
QUANTA SVCS INCPWRIndustrials0.77%32,665-397-1.20%$17,933,738
ISHARES INCEWZOther0.72%434,521-56,459-11.50%$16,681,261
APOLLO GLOBAL MGMT INCAPOFinancial Services0.71%147,599--$16,445,481
ISHARES INCEWYOther0.71%132,765--$16,331,423
APPLE INCAAPLTechnology0.70%63,885-962-1.48%$16,213,374
SHERWIN WILLIAMS COSHWBasic Materials0.68%49,183-16,609-25.24%$15,765,611
LAM RESEARCH CORPLRCXOther0.66%71,531-829-1.15%$15,283,314
VANGUARD INDEX FDSVTVOther0.59%69,120--$13,561,344
DENALI THERAPEUTICS INCDNLIHealthcare0.52%625,000--$12,000,000
COSTCO WHOLESALE CORPORATIONCOSTConsumer Defensive0.46%10,628-6,511-37.99%$10,590,058
FRANKLIN TEMPLETON ETF TRFLKROther0.45%263,694--$10,513,480
SPDR SERIES TRUSTSPYDOther0.43%217,913--$9,919,400
SPDR SERIES TRUSTSHMOther0.43%206,569-107,633-34.26%$9,880,195
ISHARES TRAGGOther0.42%99,128-52,442-34.60%$9,840,437
VANGUARD INDEX FDSVNQOther0.41%106,191+106,191+100.00%$9,419,142
SELECT SECTOR SPDR TRXLEOther0.39%148,672--$9,107,647
JPMORGAN CHASE & COJPMFinancial Services0.36%28,385-20,969-42.49%$8,349,732
LOUISIANA PAC CORPLPXIndustrials0.36%113,924-1,486-1.29%$8,287,971
GLOBAL X FDSCOPXOther0.35%104,678-2,815-2.62%$7,992,165
HOME DEPOT INCHDConsumer Cyclical0.33%23,444-430-1.80%$7,710,497
WALMART INCWMTConsumer Defensive0.32%59,225-10,154-14.64%$7,360,483
BANK AMERICA CORPBACFinancial Services0.31%149,560-71,624-32.38%$7,291,050
MORGAN STANLEYMSFinancial Services0.31%43,762+40,950+1456.26%$7,201,913
ADVANCED DRAIN SYS INC DELWMSIndustrials0.30%50,016-50,208-50.10%$6,858,694
DANAHER CORP DELDHRHealthcare0.28%33,694-22,538-40.08%$6,388,382
GRAB HOLDINGS LIMITEDG4124C109Other0.25%1,600,000--$5,856,000
INTERNATIONAL SEAWAYS INCY41053102Other0.23%73,147-12,072-14.17%$5,330,953
FRANKLIN TEMPLETON ETF TRFLJPOther0.23%146,612-252,425-63.26%$5,304,422
UNITED RENTALS INCURIIndustrials0.23%7,279-179-2.40%$5,303,188
MARTIN MARIETTA MATLS INCMLMBasic Materials0.21%8,407-8,757-51.02%$4,949,033
MCDONALDS CORPMCDConsumer Cyclical0.20%14,658+13,731+1481.23%$4,555,559
ENTERPRISE PRODS PARTNERS LEPDEnergy0.20%120,021--$4,541,595
ISHARES BITCOIN TRUST ETFIBITOther0.19%117,140--$4,500,519
ISHARES TRIWMOther0.19%18,137--$4,497,976
CINCINNATI FINL CORPCINFFinancial Services0.18%26,827+26,827+100.00%$4,221,228
DELL TECHNOLOGIES INCDELLTechnology0.18%24,811-29,276-54.13%$4,072,229
BROADCOM INCAVGOTechnology0.16%12,325-552-4.29%$3,814,711
SPDR SERIES TRUSTSPLGOther0.15%45,151--$3,455,858
TPG RE FIN TR INCTRTXReal Estate0.14%401,607--$3,136,551
PIMCO ETF TRMUNIOther0.13%57,919--$3,022,793
VANGUARD INDEX FDSVOOOther0.10%3,941--$2,354,945
ISHARES TRINDAOther0.09%46,470--$2,176,655
HAFNIA LTDY2990R101Other0.09%264,379--$2,032,835
PHILLIPS 66PSXEnergy0.07%9,396-1,126-10.70%$1,711,763
WILLIAMS COS INCWMBEnergy0.07%21,491-2,372-9.94%$1,564,115
CATERPILLAR INCCATIndustrials0.07%2,180--$1,544,443
STARWOOD PPTY TR INCSTWDReal Estate0.06%79,029--$1,360,879
MASTERCARD INCORPORATEDMAFinancial Services0.06%2,574--$1,286,125
TESLA INCTSLAConsumer Cyclical0.05%3,048--$1,133,094
BERKSHIRE HATHAWAY INC DELBRK-BFinancial Services0.05%2,238+869+63.48%$1,072,450
SPDR SERIES TRUSTSPTIOther0.04%35,199--$1,008,803
APPLIED MATLS INCAMATTechnology0.04%2,896--$989,824
EATON CORP PLCETNOther0.04%2,550--$912,058
MERCK & CO INCMRKHealthcare0.04%7,156--$860,795
EXXON MOBIL CORPXOMEnergy0.04%4,783+2,503+109.78%$811,484
DIAMONDBACK ENERGY INCFANGEnergy0.03%3,566--$705,319
TEXAS INSTRS INCTXNTechnology0.03%3,563--$691,721
TRANE TECHNOLOGIES PLCTTOther0.03%1,517--$632,195
PROCTER & GAMBLE COPGConsumer Defensive0.03%4,272--$617,048
NEWMONT CORPNEMBasic Materials0.02%5,118--$554,024
SELECT SECTOR SPDR TRXLCOther0.02%4,267--$473,040
JOHNSON & JOHNSONJNJHealthcare0.02%1,925--$470,547
HCA HEALTHCARE INCHCAHealthcare0.02%970--$459,043
NEXTERA ENERGY INCNEEUtilities0.02%4,824--$448,053
ILLINOIS TOOL WKS INCITWIndustrials0.02%1,670--$434,684
HONEYWELL INTL INCHONIndustrials0.02%1,900--$429,457
EQT CORPEQTEnergy0.02%6,518--$414,806
Cercano Management Llc Options Holdings in Q1 2026

1 options positions in the latest reporting period.

Page 1 of 1
QuarterSymbolCompanyOptionContractsNotional Value
Q1 2026XLESPDR Select Sector Fund - EnergCALL691$167,913

Notional value represents the total exposure of the options position.