MARATHON CAPITAL MANAGEMENT

CIK

1213206

Location

Hunt Valley, MD

Portfolio Value

Small $436,435,660

Diversification

Diversified

Filing Date

Global Rank

#3,077 / 8,700 ▲ 675

Top Industry

Asset Management 16.7%

Period ended 2 months ago

Filed Jul 22, 2026 · 53d

26 quarters · since Mar 2020

Portfolio Concentration

165 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

15.1%

+2.2 pts

Top 5

29.3%

+3.0 pts

Top 10

40.0%

+1.6 pts

HHI

367

Diversified+61

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Financial Services	24.1%	$105,316,156	18
Technology	24.0%	$104,940,752	37
Healthcare	15.3%	$66,874,903	28
Industrials	10.3%	$44,759,361	24
Energy	8.6%	$37,512,505	17
Consumer Cyclical	5.9%	$25,884,952	10
Real Estate	3.7%	$16,074,787	7
Basic Materials	3.6%	$15,663,161	6
Unclassified	1.5%	$6,414,030	4
Consumer Defensive	1.4%	$6,079,442	4
Communication Services	1.3%	$5,544,811	7
Utilities	0.3%	$1,370,800	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ZTS	Zoetis Inc.	+47,735	83,571	$6,005,412
SYM	Symbotic Inc.	+30,910	69,780	$3,136,611
ATEC	Alphatec Holdings, Inc.	+17,675	279,270	$2,415,685
BLDR	Builders FirstSource, Inc.	+15,282	74,278	$6,646,395
WY	Weyerhaeuser Co	+12,537	67,572	$1,617,673
FIS	Fidelity National Information Services, Inc.	+10,740	166,622	$6,478,263
CYRX	Cryoport, Inc.	+10,000	67,225	$1,055,432
MDT	Medtronic plc	+8,543	11,357	$888,458
ZETA	Zeta Global Holdings Corp.	+7,940	239,765	$4,718,575
NVDA	Nvidia Corp	+5,455	11,415	$2,284,027
LODE	Comstock Inc.	+5,000	25,000	$104,000
B	Barrick Mining Corp	+4,360	130,434	$4,790,840
DHR	Danaher Corp /De/	+3,211	26,510	$5,049,624
GEHC	GE HealthCare Technologies Inc.	+2,525	14,604	$934,802
CNDT	CONDUENT Inc	+2,500	12,500	$18,250
MCHX	Marchex Inc	+2,500	64,000	$103,040
ACM	Aecom	+2,257	4,917	$343,206
CALX	Calix, Inc	+1,800	83,555	$3,118,272
CRBG	Corebridge Financial, Inc.	+1,376	14,712	$421,204
MSFT	Microsoft Corp	+1,167	23,877	$8,906,598
SELF	Global Self Storage, Inc.	+1,157	260,784	$1,366,508
TOL	Toll Brothers, Inc.	+1,151	3,686	$607,268
SMR	NUSCALE POWER Corp	+1,000	51,500	$516,545
AMZN	Amazon Com Inc	+929	56,653	$13,502,676
FDS	Factset Research Systems Inc	+812	2,096	$482,247
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ARCC	Ares Capital Corp	−134,222	30,981	$574,077
RXRX	Recursion Pharmaceuticals, Inc.	−129,600	21,695	$79,620
ADMA	Adma Biologics, Inc.	−95,035	532,353	$4,455,794
TROW	Price T Rowe Group Inc	−58,200	580,325	$65,977,149
GOOGL	Alphabet Inc.	−41,098	8,337	$2,979,393
DOC	Healthpeak Properties, Inc.	−36,967	208,688	$4,465,923
QCOM	Qualcomm Inc/De	−32,105	28,075	$5,187,979
PAR	Par Technology Corp	−20,895	80,025	$1,394,035
SLB	Slb Limited/Nv	−17,325	42,805	$1,990,004
TTI	Tetra Technologies Inc	−16,840	962,171	$10,901,397
KOPN	Kopin Corp	−15,000	10,000	$44,800
GLW	Corning Inc /Ny	−12,226	92,961	$23,745,028
CVX	Chevron Corp	−7,545	41,759	$6,921,971
ALM	Almonty Industries Inc.	−7,000	522,155	$8,646,886
YOU	Clear Secure, Inc.	−7,000	8,000	$445,840
AAPL	Apple Inc.	−6,337	42,655	$12,342,650
CPA	Copa Holdings, S.A.	−4,305	23,483	$3,653,250
FANG	Diamondback Energy, Inc.	−3,779	44,172	$7,764,554
NVO	Novo Nordisk A S	−3,430	78,134	$3,745,743
CECO	Ceco Environmental Corp	−2,900	95,430	$8,659,318
HON	Honeywell International Inc	−2,864	2,647	$592,663
MXL	Maxlinear, Inc	−2,500	20,000	$2,560,600
MU	Micron Technology Inc	−2,230	2,695	$3,110,811
NPKI	NPK International Inc.	−2,180	343,930	$5,471,926
BRK-B	Berkshire Hathaway Inc	−1,808	9,473	$4,740,194
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
WAY	Waystar Holding Corp.	315,265	$6,472,390
HONA	Honeywell Aerospace Inc.	2,644	$583,795
ACN	Accenture plc	4,210	$523,892
V	Visa Inc.	1,512	$518,752
META	Meta Platforms, Inc.	812	$457,391
AMAT	Applied Materials Inc /De	523	$378,129
ULTA	Ulta Beauty, Inc.	798	$359,882
TXN	Texas Instruments Inc	1,185	$353,212
PANW	Palo Alto Networks Inc	976	$332,835
TSLA	Tesla, Inc.	767	$322,600
DVN	Devon Energy Corp/De	7,340	$303,288
NFLX	Netflix Inc	4,101	$292,811
ASML	Asml Holding NV	137	$272,553
TSM	Taiwan Semiconductor Manufacturing Co Ltd	462	$220,637
GWW	W.W. Grainger, Inc.	156	$212,222
QQQ	Invesco Qqq Trust, Series 1	285	$209,874
ATOM	Atomera Inc	10,000	$87,100
SMWB	Similarweb Ltd.	10,000	$61,300
KLTR	Kaltura Inc	15,000	$19,500
ELUT	Elutia Inc.	10,000	$9,800
No positions match the current search.

Sold Out

Positions the filer fully exited

22 positions

Ticker	Company	Shares	Value
—		195,446	$17,910,671
VIGI	Vanguard International Dividend Appreciation ETF	104,295	$9,828,760
ADBE	Adobe Inc.	13,090	$3,181,917
BF-B	Brown Forman Corp	64,816	$1,713,734
AFK	VanEck Africa Index ETF	18,181	$1,668,470
ALLW	SSGA Active Trust State Street Bridgewater All Weather ETF	50,624	$1,266,677
AMPL	Amplitude, Inc.	171,560	$1,170,039
BKF	iShares MSCI BIC ETF	12,820	$492,159
—		2,650	$447,452
RIO	Rio Tinto PLC	4,657	$434,451
RYN	Rayonier Inc	20,028	$412,977
AAAA	Amplius Aggressive Asset Allocation ETF	8,635	$305,549
KRMN	Karman Holdings Inc.	3,595	$287,779
VIG	Vanguard Dividend Appreciation ETF	1,144	$246,028
TACN	T. Rowe Price Active Core International Equity ETF	6,825	$242,901
AGNG	Global X Funds Global X Aging Population ETF	3,139	$239,662
DYTA	SGI Dynamic Tactical ETF	3,536	$233,269
HLMN	Hillman Solutions Corp.	26,200	$217,984
VB	Vanguard Morningstar Small-Cap ETF	336	$200,776
INVE	Identiv, Inc.	15,500	$57,350
BRFH	Barfresh Food Group Inc.	15,384	$43,229
NNDM	Nano Dimension Ltd.	20,000	$34,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

165 tracked positions · $436,435,660 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 165 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TROW	Price T Rowe Group Inc Financial Services	Reduced	580,325	-58,200	$65,977,149	+14.6%	15.12%
GLW	Corning Inc /Ny Technology	Reduced	92,961	-12,226	$23,745,028	+66.0%	5.44%
AMZN	Amazon Com Inc Consumer Cyclical	Added	56,653	+929	$13,502,676	+16.3%	3.09%
AAPL	Apple Inc. Technology	Reduced	42,655	-6,337	$12,342,650	−0.7%	2.83%
AZN	Astrazeneca PLC Healthcare	Reduced	64,777	-398	$12,283,014	−4.4%	2.81%
TTI	Tetra Technologies Inc Energy	Reduced	962,171	-16,840	$10,901,397	+30.7%	2.50%
ZS	Zscaler, Inc. Technology	Reduced	66,172	-173	$9,340,177	+0.4%	2.14%
MSFT	Microsoft Corp Technology	Added	23,877	+1,167	$8,906,598	+5.9%	2.04%
IBM	International Business Machines Corp Technology	Added	31,148	+200	$8,759,129	+16.8%	2.01%
MET	Metlife Inc Financial Services	Reduced	102,398	-513	$8,663,894	+19.0%	1.99%
CECO	Ceco Environmental Corp Industrials	Reduced	95,430	-2,900	$8,659,318	+47.8%	1.98%
ALM	Almonty Industries Inc. Basic Materials	Reduced	522,155	-7,000	$8,646,886	+12.9%	1.98%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Added	72,287	+52	$8,149,636	−3.6%	1.87%
FANG	Diamondback Energy, Inc. Energy	Reduced	44,172	-3,779	$7,764,554	−18.1%	1.78%
JPM	Jpmorgan Chase & Co Financial Services	Added	21,166	+54	$6,928,266	+11.6%	1.59%
CVX	Chevron Corp Energy	Reduced	41,759	-7,545	$6,921,971	−32.1%	1.59%
O	Realty Income Corp Real Estate	Reduced	111,531	-818	$6,910,460	+0.5%	1.58%
BLDR	Builders FirstSource, Inc. Industrials	Added	74,278	+15,282	$6,646,395	+36.8%	1.52%
ACA	Arcosa, Inc. Industrials	Reduced	45,166	-124	$6,562,168	+36.5%	1.50%
FIS	Fidelity National Information Services, Inc. Technology	Added	166,622	+10,740	$6,478,263	−11.4%	1.48%
WAY	Waystar Holding Corp. Healthcare	NEW	315,265	NEW	$6,472,390	NEW	1.48%
JNJ	Johnson & Johnson Healthcare	Reduced	25,121	-167	$6,379,980	+3.2%	1.46%
ZTS	Zoetis Inc. Healthcare	Added	83,571	+47,735	$6,005,412	+41.8%	1.38%
ANIP	Ani Pharmaceuticals Inc Healthcare	Reduced	71,990	-600	$5,959,332	+6.8%	1.37%
NPKI	NPK International Inc. Industrials	Reduced	343,930	-2,180	$5,471,926	+9.1%	1.25%
QCOM	Qualcomm Inc/De Technology	Reduced	28,075	-32,105	$5,187,979	−33.1%	1.19%
DHR	Danaher Corp /De/ Healthcare	Added	26,510	+3,211	$5,049,624	+14.3%	1.16%
CEF	Sprott Physical Gold & Silver Trust Financial Services	Reduced	120,075	-300	$4,830,617	−15.9%	1.11%
B	Barrick Mining Corp Basic Materials	Added	130,434	+4,360	$4,790,840	−6.8%	1.10%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	9,473	-1,808	$4,740,194	−12.3%	1.09%
ZETA	Zeta Global Holdings Corp. Technology	Added	239,765	+7,940	$4,718,575	+27.9%	1.08%
DOC	Healthpeak Properties, Inc. Real Estate	Reduced	208,688	-36,967	$4,465,923	+10.6%	1.02%
ADMA	Adma Biologics, Inc. Healthcare	Reduced	532,353	-95,035	$4,455,794	−21.2%	1.02%
WTW	Willis Towers Watson PLC Financial Services	Reduced	16,415	-127	$4,290,388	−10.8%	0.98%
CB	Chubb Ltd Financial Services	Reduced	12,035	-350	$4,100,805	+1.6%	0.94%
GLD	Spdr Gold Trust	Added	10,954	+291	$4,035,234	−12.1%	0.92%
NVO	Novo Nordisk A S Healthcare	Reduced	78,134	-3,430	$3,745,743	+25.0%	0.86%
CPA	Copa Holdings, S.A. Industrials	Reduced	23,483	-4,305	$3,653,250	+15.7%	0.84%
SYM	Symbotic Inc. Industrials	Added	69,780	+30,910	$3,136,611	+51.7%	0.72%
CALX	Calix, Inc Technology	Added	83,555	+1,800	$3,118,272	−22.1%	0.71%
MU	Micron Technology Inc Technology	Reduced	2,695	-2,230	$3,110,811	+87.0%	0.71%
MRK	Merck & Co., Inc. Healthcare	Reduced	23,351	-334	$3,000,603	+5.3%	0.69%
LLY	ELI LILLY & Co Healthcare	Reduced	2,492	-53	$2,988,979	+27.7%	0.68%
GOOGL	Alphabet Inc. Communication Services	Reduced	8,337	-41,098	$2,979,393	−79.0%	0.68%
ENPH	Enphase Energy, Inc. Technology	Reduced	57,128	-240	$2,812,982	+29.7%	0.64%
MXL	Maxlinear, Inc Technology	Reduced	20,000	-2,500	$2,560,600	+554.4%	0.59%
ATEC	Alphatec Holdings, Inc. Healthcare	Added	279,270	+17,675	$2,415,685	−15.1%	0.55%
AMD	Advanced Micro Devices Inc Technology	Reduced	4,124	-1,025	$2,395,672	+128.7%	0.55%
TRGP	Targa Resources Corp. Energy	Reduced	8,925	-1,000	$2,393,149	−3.8%	0.55%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	16,246	+19	$2,382,313	+1.6%	0.55%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.