Cercano Management is based out of Bellevue. Cercano Management is a hedge fund with 29 clients and discretionary assets under management (AUM) of $8,000,289,154 (Form ADV from 2024-01-31). Their last reported 13F filing for Q4 2023 included $3,027,465,518 in managed 13F securities
and a top 10 holdings concentration of 54.42%. Cercano Management's largest holding is Microsoft Corp. with shares held of 1,398,773. Whalewisdom has at least 5 13F filings, and 3 13G filings
2023-12-31
Top Buys (13F)
Name | % Change |
---|---|
MSFT Microsoft Corp. | 1.78% |
AMZN Amazon.com Inc. | 1.53% |
DT Dynatrace Inc | 1.06% |
LMT Lockheed Martin Corp | 0.97% |
ELF e.l.f. Beauty Inc | 0.79% |
2023-12-31
Top Sells (13F)
Name | % Change |
---|---|
SGEN Seagen Inc | 2.29% |
AAPL Apple Inc | 1.18% |
DDOG Datadog Inc | 0.95% |
ELV Elevance Health Inc | 0.94% |
META Meta Platforms Inc | 0.9% |
2023-12-31
13F Holdings Summary
Name | $ Change |
---|---|
MSFT Microsoft Corp. | 17.37% |
UNP Union Pacific Corp. | 9.67% |
XPO XPO Logistics Inc | 9.31% |
NVEE Nv5 Global Inc | 4.55% |
AMZN Amazon.com Inc. | 2.94% |
2023-12-31
13F Activity
Market Value | $3.03b, Prior: $2.81b |
New Purchases | 12 stocks |
Added To | 6 stocks |
Sold out of | 23 stocks |
Reduced holdings in | 11 stocks |
Top 10 Holdings % | 54.42% |
Turnover %[1] | 37.63% |
Turnover Alt %[2] | 9.76% |
Time Held Top 20 | 2.8 quarters |
Time Held Top 10 | 2.5 quarters |
Time Held All | 3 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-12-31
13F Sector Allocation Over Time
2023-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-12-31