Ownership history in Cercano Management LLC Β· 6 quarters on record
This page tracks every 13F SEC filing in which Cercano Management LLC reported a position in QXO INC (QXO). 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.
π Cercano Management LLC outperformed the S&P 500 by +12.0% annually on this QXO position. Timing score: 33% (1/3 decisions correct). Average cost basis: $18.24. Maximum drawdown during holding period: β14.8%.
π₯ Exceptional β beat the S&P 500 by 12.0% per year on this position.
5 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
1 of 3 add/trim decisions correct
Best entry: $15.77 (2024 Q3) Β· Worst: $21.54 (2025 Q2)
π No drawdown exceeding 20% during the holding period β exceptionally stable.
3 adds Β· 1 trim. Bought during 0 of 2 down-price quarters. π Consistently bullish β fund kept accumulating this position.
π Cercano Management LLC has been actively increasing its QXO allocation β a bullish signal from insiders.
Currently 7.9% of portfolio
β 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.
As of 2025 Q4 β sorted by position size