Filed: 2/10/2026ACC: 0001062993-26-000745
📋 What this filing means
CERCANO MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 146 equity positions with a total reported market value of $2.64B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
146
Positions
$2.64B
Total AUM (reported)
39.43M
Total Shares
Allocation by class
COM$1.72B65.0%
COM NEW$222.80M8.4%
S&P500 EQL WGT$102.38M3.9%
CL A$101.60M3.8%
STATE STREET SPD$63.75M2.4%
ISHARES NEW$40.38M1.5%
TR UNIT$38.04M1.4%
Portfolio Concentration
Top 3$819.73M31.0%
4–10$779.02M29.5%
11–25$459.68M17.4%
Rest$584.15M22.1%
Top 3 weight
31.0%
Top 10 weight
60.5%
Voting Authority Distribution
Total shares with voting rights: 39.43M
Sole
Full voting authority
39.43M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole52
Shared0
Other94
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings146
Rows:
MICROSOFT CORP
OTRShares542.74K
TypeSH
Market value$294.64M
11.15%
Sole
542.74K
Shared
0.00
None
0.00
XPO INC
SOLEShares1.95M
TypeSH
Market value$264.48M
10.01%
Sole
1.95M
Shared
0.00
None
0.00
UNION PAC CORP
OTRShares1.13M
TypeSH
Market value$260.61M
9.86%
Sole
1.13M
Shared
0.00
None
0.00
QXO INC
SOLEShares10.82M
TypeSH
Market value$208.64M
7.90%
Sole
10.82M
Shared
0.00
None
0.00
ELI LILLY & CO
OTRShares142.45K
TypeSH
Market value$153.09M
5.79%
Sole
142.45K
Shared
0.00
None
0.00
NVIDIA CORPORATION
OTRShares626.16K
TypeSH
Market value$116.78M
4.42%
Sole
626.16K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
SOLEShares534.48K
TypeSH
Market value$102.38M
3.87%
Sole
534.48K
Shared
0.00
None
0.00
META PLATFORMS INC
OTRShares151.01K
TypeSH
Market value$99.68M
3.77%
Sole
151.01K
Shared
0.00
None
0.00
AMAZON COM INC
OTRShares251.54K
TypeSH
Market value$58.06M
2.20%
Sole
251.54K
Shared
0.00
None
0.00
ISHARES GOLD TR
SOLEShares497.52K
TypeSH
Market value$40.38M
1.53%
Sole
497.52K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
OTRShares390.22K
TypeSH
Market value$38.99M
1.48%
Sole
390.22K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares55.79K
TypeSH
Market value$38.04M
1.44%
Sole
55.79K
Shared
0.00
None
0.00
CONSTELLATION ENERGY CORP
SOLEShares100.92K
TypeSH
Market value$35.65M
1.35%
Sole
100.92K
Shared
0.00
None
0.00
PALO ALTO NETWORKS INC
OTRShares190.83K
TypeSH
Market value$35.15M
1.33%
Sole
190.83K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares1.39M
TypeSH
Market value$34.61M
1.31%
Sole
1.39M
Shared
0.00
None
0.00
SPDR INDEX SHS FDS
SOLEShares642.10K
TypeSH
Market value$30.06M
1.14%
Sole
642.10K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
OTRShares90.93K
TypeSH
Market value$30.02M
1.14%
Sole
90.93K
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares48.74K
TypeSH
Market value$29.94M
1.13%
Sole
48.74K
Shared
0.00
None
0.00
TIC SOLUTIONS INC
SOLEShares2.90M
TypeSH
Market value$29.34M
1.11%
Sole
2.90M
Shared
0.00
None
0.00
MOODYS CORP
OTRShares57.37K
TypeSH
Market value$29.31M
1.11%
Sole
57.37K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares89.84K
TypeSH
Market value$28.12M
1.06%
Sole
89.84K
Shared
0.00
None
0.00
S&P GLOBAL INC
OTRShares52.03K
TypeSH
Market value$27.19M
1.03%
Sole
52.03K
Shared
0.00
None
0.00
VISA INC
OTRShares77.04K
TypeSH
Market value$27.02M
1.02%
Sole
77.04K
Shared
0.00
None
0.00
BLACKSKY TECHNOLOGY INC
SOLEShares1.24M
TypeSH
Market value$23.32M
0.88%
Sole
1.24M
Shared
0.00
None
0.00
CAPITAL ONE FINL CORP
OTRShares94.57K
TypeSH
Market value$22.92M
0.87%
Sole
94.57K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPOTR | COM | 542.74K | SH | $294.64M 11.15% | 542.74K | 0.00 | 0.00 |
XPO INCSOLE | COM | 1.95M | SH | $264.48M 10.01% | 1.95M | 0.00 | 0.00 |
UNION PAC CORPOTR | COM | 1.13M | SH | $260.61M 9.86% | 1.13M | 0.00 | 0.00 |
QXO INCSOLE | COM NEW | 10.82M | SH | $208.64M 7.90% | 10.82M | 0.00 | 0.00 |
ELI LILLY & COOTR | COM | 142.45K | SH | $153.09M 5.79% | 142.45K | 0.00 | 0.00 |
NVIDIA CORPORATIONOTR | COM | 626.16K | SH | $116.78M 4.42% | 626.16K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 534.48K | SH | $102.38M 3.87% | 534.48K | 0.00 | 0.00 |
META PLATFORMS INCOTR | CL A | 151.01K | SH | $99.68M 3.77% | 151.01K | 0.00 | 0.00 |
AMAZON COM INCOTR | COM | 251.54K | SH | $58.06M 2.20% | 251.54K | 0.00 | 0.00 |
ISHARES GOLD TRSOLE | ISHARES NEW | 497.52K | SH | $40.38M 1.53% | 497.52K | 0.00 | 0.00 |
SCHWAB CHARLES CORPOTR | COM | 390.22K | SH | $38.99M 1.48% | 390.22K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 55.79K | SH | $38.04M 1.44% | 55.79K | 0.00 | 0.00 |
CONSTELLATION ENERGY CORPSOLE | COM | 100.92K | SH | $35.65M 1.35% | 100.92K | 0.00 | 0.00 |
PALO ALTO NETWORKS INCOTR | COM | 190.83K | SH | $35.15M 1.33% | 190.83K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 1.39M | SH | $34.61M 1.31% | 1.39M | 0.00 | 0.00 |
SPDR INDEX SHS FDSSOLE | PORTFOLIO EMG MK | 642.10K | SH | $30.06M 1.14% | 642.10K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCOTR | COM | 90.93K | SH | $30.02M 1.14% | 90.93K | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 48.74K | SH | $29.94M 1.13% | 48.74K | 0.00 | 0.00 |
TIC SOLUTIONS INCSOLE | COM | 2.90M | SH | $29.34M 1.11% | 2.90M | 0.00 | 0.00 |
MOODYS CORPOTR | COM | 57.37K | SH | $29.31M 1.11% | 57.37K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 89.84K | SH | $28.12M 1.06% | 89.84K | 0.00 | 0.00 |
S&P GLOBAL INCOTR | COM | 52.03K | SH | $27.19M 1.03% | 52.03K | 0.00 | 0.00 |
VISA INCOTR | COM CL A | 77.04K | SH | $27.02M 1.02% | 77.04K | 0.00 | 0.00 |
BLACKSKY TECHNOLOGY INCSOLE | CL A NEW | 1.24M | SH | $23.32M 0.88% | 1.24M | 0.00 | 0.00 |
CAPITAL ONE FINL CORPOTR | COM | 94.57K | SH | $22.92M 0.87% | 94.57K | 0.00 | 0.00 |
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