13F HOLDINGS REPORT
Cercano Management LLC
Quarter ended Q4 2025 · Filed February 10, 2026 · Accession 0001062993-26-000745
Total Value
$2.64B
Positions
171
Other Managers
2
Confidential Omitted
No
Holdings (171)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | XPO INC | XPO | 1,945,996 | $264.5M | 10.01% |
| 2 | MICROSOFT CORP | MSFT | 542,736 | $262.5M | 9.93% |
| 3 | UNION PAC CORP | UNP | 1,124,129 | $260.0M | 9.84% |
| 4 | QXO INC | QXO-PB | 10,815,832 | $208.6M | 7.90% |
| 5 | ELI LILLY & CO | LLY | 141,349 | $151.9M | 5.75% |
| 6 | NVIDIA CORPORATION | NVDA | 592,856 | $110.6M | 4.18% |
| 7 | INVESCO EXCHANGE TRADED FD T | IVZ | 534,478 | $102.4M | 3.87% |
| 8 | META PLATFORMS INC | META | 107,821 | $71.2M | 2.69% |
| 9 | AMAZON COM INC | AMZN | 184,391 | $42.6M | 1.61% |
| 10 | ISHARES GOLD TR | IAU | 497,522 | $40.4M | 1.53% |
| 11 | SCHWAB CHARLES CORP | SCHW-PJ | 390,217 | $39.0M | 1.48% |
| 12 | SPDR S&P 500 ETF TR | SPY | 55,788 | $38.0M | 1.44% |
| 13 | CONSTELLATION ENERGY CORP | CEG | 100,915 | $35.7M | 1.35% |
| 14 | PALO ALTO NETWORKS INC | PANW | 190,610 | $35.1M | 1.33% |
| 15 | SPDR SERIES TRUST | 78464A284 | 1,387,825 | $34.6M | 1.31% |
| 16 | MICROSOFT CORP | MSFT | 0 | $32.2M | 1.22% |
| 17 | SPDR INDEX SHS FDS | 78463X509 | 642,100 | $30.1M | 1.14% |
| 18 | UNITEDHEALTH GROUP INC | UNH | 90,927 | $30.0M | 1.14% |
| 19 | INVESCO QQQ TR | IVZ | 48,739 | $29.9M | 1.13% |
| 20 | TIC SOLUTIONS INC | TICAW | 2,902,230 | $29.3M | 1.11% |
| 21 | MOODYS CORP | MCO | 57,368 | $29.3M | 1.11% |
| 22 | META PLATFORMS INC | META | 43,186 | $28.5M | 1.08% |
| 23 | S&P GLOBAL INC | SPGI | 52,035 | $27.2M | 1.03% |
| 24 | VISA INC | V | 77,039 | $27.0M | 1.02% |
| 25 | ALPHABET INC | GOOG | 78,217 | $24.5M | 0.93% |
| 26 | BLACKSKY TECHNOLOGY INC | BKSY-WT | 1,243,976 | $23.3M | 0.88% |
| 27 | CAPITAL ONE FINL CORP | 14040H105 | 91,853 | $22.3M | 0.84% |
| 28 | GE VERNOVA INC | GEV | 33,199 | $21.7M | 0.82% |
| 29 | APOLLO GLOBAL MGMT INC | 03769M106 | 147,599 | $21.4M | 0.81% |
| 30 | SHERWIN WILLIAMS CO | SHW | 65,558 | $21.2M | 0.80% |
| 31 | BOEING CO | BA-PA | 91,002 | $19.8M | 0.75% |
| 32 | ALPHABET INC | GOOG | 62,738 | $19.7M | 0.75% |
| 33 | ISHARES INC | 464286822 | 239,617 | $16.6M | 0.63% |
| 34 | LINDE PLC | LIN | 36,908 | $15.7M | 0.60% |
| 35 | ISHARES INC | 464286400 | 490,980 | $15.6M | 0.59% |
| 36 | AMAZON COM INC | AMZN | 67,148 | $15.5M | 0.59% |
| 37 | ISHARES TR | 464287226 | 151,570 | $15.1M | 0.57% |
| 38 | SPDR SERIES TRUST | 78468R739 | 314,202 | $15.1M | 0.57% |
| 39 | JPMORGAN CHASE & CO. | VYLD | 46,683 | $15.0M | 0.57% |
| 40 | ADVANCED DRAIN SYS INC DEL | 00790R104 | 100,224 | $14.5M | 0.55% |
| 41 | SELECT SECTOR SPDR TR | 81369Y803 | 98,448 | $14.2M | 0.54% |
| 42 | COSTCO WHSL CORP NEW | 22160K105 | 16,427 | $14.2M | 0.54% |
| 43 | BOSTON SCIENTIFIC CORP | BSX | 148,414 | $14.2M | 0.54% |
| 44 | NAUTILUS BIOTECHNOLOGY INC | NAUT | 7,172,985 | $14.0M | 0.53% |
| 45 | FRANKLIN TEMPLETON ETF TR | FGDL | 399,037 | $13.7M | 0.52% |
| 46 | QUANTA SVCS INC | 74762E102 | 32,502 | $13.7M | 0.52% |
| 47 | VANGUARD INDEX FDS | 922908744 | 69,120 | $13.2M | 0.50% |
| 48 | ISHARES INC | 464286772 | 132,765 | $12.9M | 0.49% |
| 49 | DANAHER CORPORATION | 235851102 | 56,232 | $12.9M | 0.49% |
| 50 | APPLE INC | AAPL | 41,339 | $11.2M | 0.43% |
| 51 | BANK AMERICA CORP | 060505104 | 199,434 | $11.0M | 0.42% |
| 52 | LAM RESEARCH CORP | LRCX | 63,800 | $10.9M | 0.41% |
| 53 | AON PLC | AON | 29,994 | $10.6M | 0.40% |
| 54 | MARTIN MARIETTA MATLS INC | 573284106 | 16,904 | $10.5M | 0.40% |
| 55 | DENALI THERAPEUTICS INC | DNLI | 625,000 | $10.3M | 0.39% |
| 56 | SPDR SERIES TRUST | 78468R788 | 217,913 | $9.4M | 0.36% |
| 57 | LOUISIANA PAC CORP | LPX | 115,410 | $9.3M | 0.35% |
| 58 | FRANKLIN TEMPLETON ETF TR | FGDL | 263,694 | $8.5M | 0.32% |
| 59 | OREILLY AUTOMOTIVE INC | 67103H107 | 92,240 | $8.4M | 0.32% |
| 60 | GRAB HOLDINGS LIMITED | GRABW | 1,600,000 | $8.0M | 0.30% |
| 61 | SELECT SECTOR SPDR TR | 81369Y209 | 51,519 | $8.0M | 0.30% |
| 62 | GLOBAL X FDS | 37954Y830 | 107,493 | $7.7M | 0.29% |
| 63 | HOME DEPOT INC | HD | 21,444 | $7.4M | 0.28% |
| 64 | DELL TECHNOLOGIES INC | DELL | 54,087 | $6.8M | 0.26% |
| 65 | SELECT SECTOR SPDR TR | 81369Y506 | 148,672 | $6.6M | 0.25% |
| 66 | APPLE INC | AAPL | 23,508 | $6.4M | 0.24% |
| 67 | NVIDIA CORPORATION | NVDA | 33,302 | $6.2M | 0.24% |
| 68 | WALMART INC | WMT | 55,744 | $6.2M | 0.24% |
| 69 | UNITED RENTALS INC | URI | 7,212 | $5.8M | 0.22% |
| 70 | ISHARES BITCOIN TRUST ETF | IBIT | 117,140 | $5.8M | 0.22% |
| 71 | BUILDERS FIRSTSOURCE INC | BLDR | 51,128 | $5.3M | 0.20% |
| 72 | ISHARES TR | 464287655 | 18,137 | $4.5M | 0.17% |
| 73 | BROADCOM INC | AVGO | 12,877 | $4.5M | 0.17% |
| 74 | INTERNATIONAL SEAWAYS INC | INSW | 85,219 | $4.1M | 0.16% |
| 75 | ENTERPRISE PRODS PARTNERS L | 293792107 | 120,021 | $3.8M | 0.15% |
| 76 | ALPHABET INC | GOOG | 11,620 | $3.6M | 0.14% |
| 77 | SPDR SERIES TRUST | 78464A854 | 45,151 | $3.6M | 0.14% |
| 78 | TPG RE FIN TR INC | TPGXL | 401,607 | $3.5M | 0.13% |
| 79 | PIMCO ETF TR | 72201R866 | 57,919 | $3.0M | 0.11% |
| 80 | ISHARES TR | 46429B598 | 46,470 | $2.5M | 0.10% |
| 81 | VANGUARD INDEX FDS | 922908363 | 3,941 | $2.5M | 0.09% |
| 82 | WALMART INC | WMT | 13,635 | $1.5M | 0.06% |
| 83 | MASTERCARD INCORPORATED | MA | 2,574 | $1.5M | 0.06% |
| 84 | LAM RESEARCH CORP | LRCX | 8,560 | $1.5M | 0.06% |
| 85 | HAFNIA LTD | HAFN | 264,379 | $1.4M | 0.05% |
| 86 | STARWOOD PPTY TR INC | STHO | 79,029 | $1.4M | 0.05% |
| 87 | TESLA INC | TSLA | 3,048 | $1.4M | 0.05% |
| 88 | PHILLIPS 66 | PSX | 10,026 | $1.3M | 0.05% |
| 89 | WILLIAMS COS INC | 969457100 | 21,132 | $1.3M | 0.05% |
| 90 | CATERPILLAR INC | CAT | 2,180 | $1.2M | 0.05% |
| 91 | BANK AMERICA CORP | 060505104 | 21,750 | $1.2M | 0.05% |
| 92 | ELI LILLY & CO | LLY | 1,105 | $1.2M | 0.04% |
| 93 | CAPITAL GROUP INTERNATIONAL | 14021T102 | 32,733 | $1.1M | 0.04% |
| 94 | SPDR SERIES TRUST | 78464A672 | 35,199 | $1.0M | 0.04% |
| 95 | NETFLIX INC | NFLX | 10,330 | $968,541 | 0.04% |
| 96 | JPMORGAN CHASE & CO. | VYLD | 2,671 | $860,650 | 0.03% |
| 97 | HOME DEPOT INC | HD | 2,430 | $836,163 | 0.03% |
| 98 | EATON CORP PLC | ETN | 2,550 | $812,200 | 0.03% |
| 99 | MERCK & CO INC | MRK | 7,156 | $753,241 | 0.03% |
| 100 | APPLIED MATLS INC | 038222105 | 2,896 | $744,243 | 0.03% |
| 101 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 1,369 | $688,128 | 0.03% |
| 102 | CAPITAL ONE FINL CORP | 14040H105 | 2,717 | $658,492 | 0.02% |
| 103 | TEXAS INSTRS INC | 882508104 | 3,563 | $618,145 | 0.02% |
| 104 | COSTCO WHSL CORP NEW | 22160K105 | 712 | $613,986 | 0.02% |
| 105 | PROCTER AND GAMBLE CO | 742718109 | 4,272 | $612,220 | 0.02% |
| 106 | TRANE TECHNOLOGIES PLC | TT | 1,517 | $590,416 | 0.02% |
| 107 | GULFPORT ENERGY CORP | GPOR | 2,819 | $586,324 | 0.02% |
| 108 | LINDE PLC | LIN | 256 | $586,240 | 0.02% |
| 109 | UNION PAC CORP | UNP | 2,479 | $573,442 | 0.02% |
| 110 | DIAMONDBACK ENERGY INC | FANG | 3,566 | $536,077 | 0.02% |
| 111 | BOSTON SCIENTIFIC CORP | BSX | 5,517 | $526,046 | 0.02% |
| 112 | NEWMONT CORP | NEMCL | 5,118 | $511,032 | 0.02% |
| 113 | SELECT SECTOR SPDR TR | 81369Y852 | 4,267 | $502,311 | 0.02% |
| 114 | MORGAN STANLEY | MS-PQ | 2,812 | $499,214 | 0.02% |
| 115 | ADOBE INC | ADBE | 1,412 | $494,186 | 0.02% |
| 116 | KKR & CO INC | KKRT | 3,560 | $453,829 | 0.02% |
| 117 | HCA HEALTHCARE INC | HCA | 970 | $452,854 | 0.02% |
| 118 | PALANTIR TECHNOLOGIES INC | PLTR | 2,542 | $451,840 | 0.02% |
| 119 | ILLINOIS TOOL WKS INC | 452308109 | 1,670 | $411,321 | 0.02% |
| 120 | INTUIT | INTU | 619 | $410,038 | 0.02% |
| 121 | ABBVIE INC | ABBV | 1,789 | $408,769 | 0.02% |
| 122 | MERCADOLIBRE INC | MELI | 199 | $400,838 | 0.02% |
| 123 | JOHNSON & JOHNSON | JNJ | 1,925 | $398,379 | 0.02% |
| 124 | NEXTERA ENERGY INC | NEE-PW | 4,824 | $387,271 | 0.01% |
| 125 | HONEYWELL INTL INC | 438516106 | 1,900 | $370,671 | 0.01% |
| 126 | NRG ENERGY INC | NRG | 2,295 | $365,456 | 0.01% |
| 127 | VENTAS INC | VTR | 4,610 | $356,722 | 0.01% |
| 128 | VERTEX PHARMACEUTICALS INC | VRTX | 780 | $353,621 | 0.01% |
| 129 | INTUITIVE SURGICAL INC | ISRG | 621 | $351,710 | 0.01% |
| 130 | EQT CORP | EQT | 6,518 | $349,365 | 0.01% |
| 131 | IRONWOOD PHARMACEUTICALS INC | IRWD | 101,378 | $341,644 | 0.01% |
| 132 | EXPEDIA GROUP INC | EXPE | 1,154 | $326,940 | 0.01% |
| 133 | ABBOTT LABS | ABLZF | 2,607 | $326,631 | 0.01% |
| 134 | WELLTOWER INC | WELL | 1,736 | $322,219 | 0.01% |
| 135 | NORFOLK SOUTHN CORP | 655844108 | 1,069 | $308,642 | 0.01% |
| 136 | THERMO FISHER SCIENTIFIC INC | TMO | 531 | $307,688 | 0.01% |
| 137 | PHILIP MORRIS INTL INC | 718172109 | 1,847 | $296,259 | 0.01% |
| 138 | FISERV INC | FISV | 4,367 | $293,331 | 0.01% |
| 139 | OREILLY AUTOMOTIVE INC | 67103H107 | 3,195 | $291,416 | 0.01% |
| 140 | TOLL BROTHERS INC | TOL | 2,107 | $284,909 | 0.01% |
| 141 | MCDONALDS CORP | MCD | 927 | $283,319 | 0.01% |
| 142 | EXXON MOBIL CORP | XOM | 2,280 | $274,375 | 0.01% |
| 143 | TJX COS INC NEW | 872540109 | 1,660 | $254,993 | 0.01% |
| 144 | STARBUCKS CORP | SBUX | 2,980 | $250,946 | 0.01% |
| 145 | AT&T INC | T-PC | 10,032 | $249,195 | 0.01% |
| 146 | NORTHROP GRUMMAN CORP | NOC | 437 | $249,182 | 0.01% |
| 147 | PRUDENTIAL FINL INC | PUKPF | 2,196 | $247,884 | 0.01% |
| 148 | CVS HEALTH CORP | CVS | 3,119 | $247,524 | 0.01% |
| 149 | COSTAR GROUP INC | CSGP | 3,637 | $244,552 | 0.01% |
| 150 | GE AEROSPACE | 369604301 | 769 | $236,875 | 0.01% |
| 151 | QUANTA SVCS INC | 74762E102 | 560 | $236,354 | 0.01% |
| 152 | FOX CORP | FOX | 3,218 | $235,139 | 0.01% |
| 153 | LOCKHEED MARTIN CORP | LMT | 486 | $235,064 | 0.01% |
| 154 | ACCENTURE PLC IRELAND | ACN | 871 | $233,689 | 0.01% |
| 155 | ALLSTATE CORP | ALL-PJ | 1,118 | $232,712 | 0.01% |
| 156 | HALLIBURTON CO | HAL | 8,064 | $227,889 | 0.01% |
| 157 | AGILENT TECHNOLOGIES INC | A | 1,666 | $226,693 | 0.01% |
| 158 | LOWES COS INC | 548661107 | 910 | $219,456 | 0.01% |
| 159 | ONEOK INC NEW | OKE | 2,957 | $217,340 | 0.01% |
| 160 | JONES LANG LASALLE INC | JLL | 630 | $211,976 | 0.01% |
| 161 | STRYKER CORPORATION | SYK | 598 | $210,179 | 0.01% |
| 162 | LPL FINL HLDGS INC | 50212V100 | 570 | $203,587 | 0.01% |
| 163 | ADVANCED MICRO DEVICES INC | AMD | 948 | $203,024 | 0.01% |
| 164 | AMGEN INC | AMGN | 620 | $202,932 | 0.01% |
| 165 | UNITED RENTALS INC | URI | 246 | $199,093 | 0.01% |
| 166 | WILLIAMS COS INC | 969457100 | 2,731 | $164,160 | 0.01% |
| 167 | MARTIN MARIETTA MATLS INC | 573284106 | 260 | $161,892 | 0.01% |
| 168 | AON PLC | AON | 358 | $126,331 | 0.00% |
| 169 | SHERWIN WILLIAMS CO | SHW | 234 | $75,823 | 0.00% |
| 170 | PHILLIPS 66 | PSX | 496 | $64,004 | 0.00% |
| 171 | PALO ALTO NETWORKS INC | PANW | 220 | $40,524 | 0.00% |