IYK β€” ISHARES TR

Ownership history in Cercano Management LLC  Β·  3 quarters on record

This page tracks every 13F SEC filing in which Cercano Management LLC reported a position in ISHARES TR (IYK). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.07% (2025 Q1)
πŸ“Š Avg. % of fund
0.07%
πŸ“… First filed
2025 Q1
πŸ“… Last filed
2025 Q3
⏱ Quarters held
3

Position Intelligence

Cercano Management LLC Γ— IYK AI Analytics

πŸ“‰ Cercano Management LLC underperformed the S&P 500 by –44.4% annually on this IYK position. Average cost basis: $69.65. Maximum drawdown during holding period: –3.3%.

πŸ“ˆ Position Alpha vs SPY
-44.4%
annualised excess return

❌ Significantly underperformed the S&P 500 by 44.4% ann.
2 quarters analyzed

πŸ’° Entry Quality
$69.65
-3.3% vs current ($67.38)

Best entry: $69.65 (2025 Q1)  Β·  Worst: $69.65 (2025 Q1)

πŸ›‘οΈ Drawdown Resilience
–3.3%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
33%
buy-side decisions

1 add Β· 2 trims. Bought during 0 of 2 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.07% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    IYK price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 3 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 25,446 -4,521 -15.1% 0.07% $1.7M $67.38
2025 Q2 REDUCED 29,967 -5,698 -16.0% 0.06% $2.1M $68.99
2025 Q1 INITIATED 35,665 β€” β€” 0.07% $2.6M $69.65

🏒 Other funds also holding IYK

As of 2025 Q4 β€” sorted by position size

LITTLEJOHN FINANCIAL SERVICES, INC. 2.0% SFI Advisors, LLC 3Y 1.96% Aspen Wealth Strategies, LLC 1.77% NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 3Y 7Y 1.64% Wall Street Financial Group, Inc. 1.54% First Citizens Financial Corp 3Y 1.28% PENOBSCOT WEALTH MANAGEMENT 3Y 0.8% Comprehensive Wealth Management, LLC 0.72% WealthCare Investment Partners, LLC 3Y 0.66% Targeted Financial Services LLC 0.48%
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