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CIK: 0001936416
Total reported value
$749.9M
$749.9M
146 檔
157.5%
At the close of Q4 2025, Cercano Management LLC disclosed equity holdings valued at approximately $749.9M, spread across 146 reported holdings.
Cercano Management LLC executed strategic sector rebalancing during Q4 2025, establishing 19 new positions while fully exiting 24 holdings and trimming 14 positions.
In terms of portfolio concentration, the top 5 core holdings (including MSFT, XPO, UNP) accounted for 157.5% of total reported equity market value during Q4 2025.
Top New Position Initiated
LIN
市值: $15.7M
Top Position Liquidated / Trimmed
07WA
前期市值: $60.1M
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | Stock-Tech | 11.15% | -8.77% | -14.85% | |
| 2 | XPO | Xpo Inc | Stock-Industrials | 10.01% | -5.55% | — | |
| 3 | UNP | Union Pacific CORP | Stock-Industrials | 9.86% | +26.29% | +2.22% | |
| 4 | QXO | Qxo Inc | Stock-Industrials | 7.90% | -2.93% | +2.18% | |
| 5 | LLY | Eli Lilly & Co | Stock-Healthcare | 5.79% | -4.60% | -4.64% | |
| 6 | NVDA | Nvidia CORP | Stock-Tech | 4.42% | -2.36% | +22.04% | |
| 7 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 3.87% | +0.13% | -14.36% | |
| 8 | META | Meta Platforms Inc-class A | Stock-Comm Services | 3.77% | +2.23% | +14.15% | |
| 9 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 2.20% | -0.82% | — | |
| 10 | IAU | Ishares Gold Trust | ETF-Commodities | 1.53% | -0.97% | EXIT | |
| 11 | SCHW | Schwab (charles) CORP | Stock-Financials | 1.48% | -1.58% | EXIT | |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 1.44% | -0.60% | +6.90% | |
| 13 | CEG | Constellation Energy | Stock-Utilities | 1.35% | -0.90% | — | |
| 14 | PANW | Palo Alto Networks Inc | Stock-Tech | 1.33% | — | +98.60% | |
| 15 | HYMB | Ss Spdr N Ice Hy Muni ETF | ETF-Other | 1.31% | -1.49% | EXIT | |
| 16 | SPEM | State Street Sp Ptf Em ETF | ETF-Other | 1.14% | -1.11% | EXIT | |
| 17 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 1.14% | -0.94% | +18.68% | |
| 18 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 1.13% | -1.21% | EXIT | |
| 19 | TIC | Tic Solutions Inc | Stock-Other | 1.11% | -0.82% | EXIT | |
| 20 | MCO | Moody's CORP | Stock-Financials | 1.11% | -1.04% | — | |
| 21 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.06% | -0.19% | +1.47% | |
| 22 | SPGI | S&p Global Inc | Stock-Financials | 1.03% | -0.91% | — | |
| 23 | V | Visa Inc-class A Shares | Stock-Financials | 1.02% | -0.93% | — | |
| 24 | BKSY | Blacksky Technology Inc | Stock-Other | 0.88% | +2.12% | — | |
| 25 | COF | Capital One Financial CORP | Stock-Financials | 0.87% | -0.53% | +53.07% | |
| 26 | GEV | GE Vernova Inc | Stock-Industrials | 0.82% | -1.25% | EXIT | |
| 27 | APO | Apollo Global Management Inc | Stock-Financials | 0.81% | -0.67% | — | |
| 28 | SHW | Sherwin-williams Co/the | Stock-Materials | 0.81% | -0.68% | EXIT | |
| 29 | BA | Boeing Co/the | Stock-Industrials | 0.75% | -0.93% | EXIT | |
| 30 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.75% | -0.47% | — | |
| 31 | AAPL | Apple Inc | Stock-Tech | 0.67% | +0.50% | -20.38% | |
| 32 | EWW | Ishares Msci Mexico ETF | ETF-Other | 0.63% | -0.14% | — | |
| 33 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.60% | -0.01% | — | |
| 34 | LIN | Linde plc | Stock-Materials | 0.60% | -0.51% | — | |
| 35 | EWZ | Ishares Msci Brazil ETF | ETF-Other | 0.59% | -0.16% | — | |
| 36 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.57% | -0.42% | EXIT | |
| 37 | SHM | Ss Spdr N Ice St Muni ETF | ETF-Other | 0.57% | -0.43% | EXIT | |
| 38 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.56% | -0.15% | +2307.16% | |
| 39 | BSX | Boston Scientific CORP | Stock-Healthcare | 0.56% | +0.02% | +2690.12% | |
| 40 | WMS | Advanced Drainage Systems In | Stock-Industrials | 0.55% | -0.30% | EXIT | |
| 41 | XLK | Ss Technology Select Sector | ETF-Tech | 0.54% | +1.28% | +34.40% | |
| 42 | NAUT | Nautilus Biotechnology Inc | Stock-Other | 0.53% | +0.59% | — | |
| 43 | PWR | Quanta Services Inc | Stock-Industrials | 0.53% | -0.42% | — | |
| 44 | FLJP | Franklin Ftse Japan ETF | ETF-Other | 0.52% | -0.23% | EXIT | |
| 45 | VTV | Vanguard Value ETF | ETF-Other | 0.50% | +1.42% | — | |
| 46 | EWY | Ishares Msci South Korea ETF | ETF-Other | 0.49% | +0.45% | — | |
| 47 | DHR | Danaher CORP | Stock-Healthcare | 0.49% | -0.10% | — | |
| 48 | LRCX | Lam Research CORP | Stock-Tech | 0.47% | +0.21% | +745.33% | |
| 49 | BAC | Bank Of America CORP | Stock-Financials | 0.46% | +0.05% | — | |
| 50 | AON | Aon plc | Stock-Financials | 0.41% | — | — |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +1.4% | -4.64% | Trim |
| 2 | IAU | Ishares Gold Trust | +1.4% | +731.02% | Add |
| 3 | SPEM | State Street Sp Ptf Em ETF | +1.1% | +1889.47% | Add |
| 4 | NVDA | Nvidia CORP | +0.8% | +22.04% | Add |
| 5 | PANW | Palo Alto Networks Inc | +0.6% | +98.60% | Add |
| 6 | BSX | Boston Scientific CORP | +0.5% | +2690.12% | Add |
| 7 | COST | Costco Wholesale CORP | +0.5% | +2307.16% | Add |
| 8 | LRCX | Lam Research CORP | +0.4% | +745.33% | Add |
| 9 | XPO | Xpo Inc | +0.4% | — | Unchanged |
| 10 | COF | Capital One Financial CORP | +0.4% | +53.07% | Add |
| 11 | BA | Boeing Co/the | +0.3% | +75.04% | Add |
| 12 | NAUT | Nautilus Biotechnology Inc | +0.3% | — | Unchanged |
| 13 | HD | Home Depot Inc | +0.3% | +882.47% | Add |
| 14 | GOOGL | Alphabet Inc-cl A | +0.2% | +1.47% | Add |
| 15 | WMT | Walmart Inc | +0.2% | +408.83% | Add |
| 16 | URI | United Rentals Inc | +0.2% | +3451.43% | Add |
| 17 | QXO | Qxo Inc | +0.2% | +2.18% | Add |
| 18 | GOOG | Alphabet Inc-cl C | +0.2% | — | Unchanged |
| 19 | UNH | Unitedhealth Group Inc | +0.1% | +18.68% | Add |
| 20 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +6.90% | Add |
| 21 | AMZN | Amazon.com Inc | +0.1% | — | Unchanged |
| 22 | CEG | Constellation Energy | +0.1% | — | Unchanged |
| 23 | EWY | Ishares Msci South Korea ETF | +0.1% | — | Unchanged |
| 24 | MCO | Moody's CORP | +0.1% | — | Unchanged |
| 25 | SPGI | S&p Global Inc | +0.1% | — | Unchanged |
| 26 | APO | Apollo Global Management Inc | +0.1% | — | Unchanged |
| 27 | META | Meta Platforms Inc-class A | +0.1% | +14.15% | Add |
| 28 | SCHW | Schwab (charles) CORP | +0.1% | — | Unchanged |
| 29 | FLKR | Franklin Ftse South Korea | +0.1% | — | Unchanged |
| 30 | SHW | Sherwin-williams Co/the | 0% | +14.01% | Add |
| 31 | GEV | GE Vernova Inc | 0% | — | Unchanged |
| 32 | DNLI | Denali Therapeutics Inc | 0% | — | Unchanged |
| 33 | BAC | Bank Of America CORP | 0% | — | Unchanged |
| 34 | WMS | Advanced Drainage Systems In | 0% | — | Unchanged |
| 35 | V | Visa Inc-class A Shares | 0% | — | Unchanged |
| 36 | VTV | Vanguard Value ETF | 0% | — | Unchanged |
| 37 | PWR | Quanta Services Inc | 0% | — | Unchanged |
| 38 | CAT | Caterpillar Inc | 0% | — | Unchanged |
| 39 | AVGO | Broadcom Inc | 0% | — | Unchanged |
| 40 | MRK | Merck & Co. Inc. | 0% | — | Unchanged |
| 41 | AMAT | Applied Materials Inc | 0% | — | Unchanged |
| 42 | EPD | Enterprise Products Partners | 0% | — | Unchanged |
| 43 | INDA | Ishares Msci India ETF | 0% | — | Unchanged |
| 44 | JNJ | Johnson & Johnson | 0% | — | Unchanged |
| 45 | JPM | Jpmorgan Chase & Co | — | — | Unchanged |
| 46 | EWW | Ishares Msci Mexico ETF | — | — | Unchanged |
| 47 | IRWD | Ironwood Pharmaceuticals Inc | — | — | Unchanged |
| 48 | SPYM | Ste Str Spdr Pt S&p 500 ETF | — | — | Unchanged |
| 49 | NEM | Newmont CORP | — | — | Unchanged |
| 50 | IWM | Ishares Russell 2000 ETF | — | — | Unchanged |
According to official SEC Form 13F filings, Cercano Management LLC reported a total U.S. public equity portfolio value of $749.9M across 146 disclosed positions in Q4 2025.
During Q4 2025, Cercano Management LLC's top holdings by market value included MSFT (11.2%)、XPO (10.0%)、UNP (9.9%). The largest single position, MSFT, represented 11.2% of total portfolio value.
In Q4 2025, Cercano Management LLC made 79 total portfolio adjustments, initiating 19 new buys, adding to 22 positions, trimming 14 holdings, and fully liquidating 24 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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