Marnell Management LLC

CIK

1852314

Location

FARMINGTON HILLS, MI

Portfolio Value

Small $260,352,657

Diversification

Diversified

Filing Date

Global Rank

#4,019 / 8,700 ▲ 869

Top Industry

Marine Shipping 16.2%

3Y Alpha vs SPY

+17.6%

Period ended 2 months ago

Filed Aug 13, 2026 · 30d

3 quarters · since Dec 2025

Clone Performance

Feb 2026–Sep 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+19.8%

SPY

+12.1%

Annualised alpha

+15.0%

Max drawdown

−8.9%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Returns are unavailable when a held security or benchmark crosses a captured split without a certified price basis; the requested window is not shortened to hide it. It tracks 64% of reported value on average across 3 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

22.6%

−6.8 pts

Top 5

38.1%

−11.9 pts

Top 10

50.3%

−12.1 pts

HHI

671

Diversified−376

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	23.2%	$60,430,093	2
Energy	22.7%	$59,040,834	15
Industrials	14.3%	$37,190,296	12
Real Estate	13.2%	$34,253,569	9
Basic Materials	9.0%	$23,544,040	10
Financial Services	7.2%	$18,698,016	7
Consumer Cyclical	4.6%	$12,054,348	5
Utilities	2.7%	$6,946,384	2
Communication Services	2.1%	$5,517,684	2
Technology	1.0%	$2,677,393	2

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
RIG	Transocean Ltd.	+401,017	740,270	$3,619,920
DHT	DHT Holdings, Inc.	+196,437	541,871	$8,957,127
COMP	Compass, Inc.	+151,523	423,302	$5,219,313
SBLK	Star Bulk Carriers Corp.	+85,416	515,698	$12,876,979
DEI	Douglas Emmett Inc	+60,843	497,133	$5,866,169
CMBT	Cmb.Tech NV	+55,915	311,109	$4,352,414
CNR	Core Natural Resources, Inc.	+54,794	128,778	$10,304,815
HSHP	Himalaya Shipping Ltd.	+53,130	217,162	$2,901,284
QQQ	Invesco Qqq Trust, Series 1	+50,000	80,000	$58,912,000
NVGS	Navigator Holdings Ltd.	+49,545	99,545	$1,854,523
ECHO	EchoStar CORP	+45,413	50,359	$5,111,438
TDW	Tidewater Inc	+43,370	98,490	$6,562,388
ECO	Okeanis Eco Tankers Corp.	+43,041	96,294	$4,826,255
SHIP	Seanergy Maritime Holdings Corp.	+39,046	78,605	$1,055,665
BTU	Peabody Energy Corp	+38,900	53,212	$1,230,261
CENX	Century Aluminum Co	+26,218	71,516	$3,290,451
HCC	Warrior Met Coal, Inc.	+23,598	79,511	$6,453,112
FRO	Frontline plc	+21,794	81,081	$2,820,807
TNK	Teekay Tankers Ltd.	+20,824	44,391	$2,879,644
QXO	QXO, Inc.	+14,392	53,092	$917,429
VNO	Vornado Realty Trust	+13,700	156,292	$6,142,275
NMM	Navios Maritime Partners L.P.	+9,911	67,593	$4,736,241
LEN	Lennar Corp /New/	+8,100	30,817	$2,782,014
INSW	International Seaways, Inc.	+7,342	31,939	$2,446,208
AMR	Alpha Metallurgical Resources, Inc.	+4,740	7,817	$1,289,335
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
WULF	Terawulf Inc.	−361,771	324,991	$8,027,277
CLSK	Cleanspark, Inc.	−238,030	16,346	$237,834
HAFN	Hafnia Ltd	−212,185	252,960	$1,679,654
TRMD	TORM plc	−170,286	262,876	$6,850,548
CIFR	Cipher Digital Inc.	−158,185	47,715	$1,169,017
CORZ	Core Scientific, Inc./tx	−111,532	58,944	$1,508,376
JBGS	JBG SMITH Properties	−70,254	381,619	$5,598,350
ASC	Ardmore Shipping Corp	−63,235	236,122	$3,308,069
GNK	Genco Shipping & Trading Ltd	−47,810	38,213	$946,918
NBIS	Nebius Group N.V.	−21,887	1,471	$406,246
GTX	Garrett Motion Inc.	−18,150	163,713	$5,931,321
HPP	Hudson Pacific Properties, Inc.	−16,739	102,186	$1,552,205
BLDR	Builders FirstSource, Inc.	−9,400	10,372	$928,086
NXRT	NexPoint Residential Trust, Inc.	−4,200	131,406	$3,668,855
HUT	Hut 8 Corp.	−4,059	13,084	$1,510,482
FBIN	Fortune Brands Innovations, Inc.	−3,600	44,500	$2,443,050
STNG	Scorpio Tankers Inc.	−1,607	24,726	$1,712,522
MT	ArcelorMittal	−700	12,188	$733,961
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
BORR	Borr Drilling Ltd	922,914	$3,811,634
GLXY	Galaxy Digital Inc.	54,342	$1,485,710
VST	Vistra Corp.	8,542	$1,355,017
NVR	Nvr Inc	162	$1,103,770
OPI	Office Properties Income Trust	50,892	$865,164
FRMI	Fermi Inc.	71,965	$659,199
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	130,000	$84,544,200
AAXJ	iShares MSCI All Country Asia ex Japan ETF	250,000	$19,890,000
SEG	Seaport Entertainment Group Inc.	32,300	$693,804
CE	Celanese Corp	9,300	$611,661
OLN	OLIN Corp	16,309	$484,866
CZR	Caesars Entertainment, Inc.	12,653	$334,418
WFG	West Fraser Timber Co., Ltd	4,676	$305,296
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 tracked positions · $260,352,657 total · filing declares 69 positions · $260,352,689 · as of Jun 30, 2026

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

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1 PUT	Added	80,000	+50,000	$58,912,000	+240.2%	22.63%
SBLK	Star Bulk Carriers Corp. Industrials	Added	515,698	+85,416	$12,876,979	+30.3%	4.95%
CNR	Core Natural Resources, Inc. Energy	Added	128,778	+54,794	$10,304,815	+33.0%	3.96%
DHT	DHT Holdings, Inc. Energy	Added	541,871	+196,437	$8,957,127	+41.9%	3.44%
WULF	Terawulf Inc. Financial Services	Reduced	324,991	-361,771	$8,027,277	−19.0%	3.08%
TRMD	TORM plc Energy	Reduced	262,876	-170,286	$6,850,548	−43.3%	2.63%
TDW	Tidewater Inc Energy	Added	98,490	+43,370	$6,562,388	+42.5%	2.52%
HCC	Warrior Met Coal, Inc. Basic Materials	Added	79,511	+23,598	$6,453,112	+23.9%	2.48%
VNO	Vornado Realty Trust Real Estate	Added	156,292	+13,700	$6,142,275	+65.7%	2.36%
GTX	Garrett Motion Inc. Consumer Cyclical	Reduced	163,713	-18,150	$5,931,321	+79.5%	2.28%
FCNCA	First Citizens Bancshares Inc /De/ Financial Services	Added	2,829	+330	$5,886,554	+25.0%	2.26%
DEI	Douglas Emmett Inc Real Estate	Added	497,133	+60,843	$5,866,169	+42.7%	2.25%
JBGS	JBG SMITH Properties Real Estate	Reduced	381,619	-70,254	$5,598,350	−15.2%	2.15%
TLN	Talen Energy Corp Utilities	Added	14,551	+1,287	$5,591,367	+32.1%	2.15%
COMP	Compass, Inc. Real Estate	Added	423,302	+151,523	$5,219,313	+162.7%	2.00%
ECHO	EchoStar CORP CALL + SHARES Communication Services	Added	50,359	+45,413	$5,111,438	+782.8%	1.96%
ECO	Okeanis Eco Tankers Corp. Industrials	Added	96,294	+43,041	$4,826,255	+79.1%	1.85%
NMM	Navios Maritime Partners L.P. Industrials	Added	67,593	+9,911	$4,736,241	+21.7%	1.82%
ALX	Alexanders Inc Real Estate	Added	16,991	+1,150	$4,682,039	+25.1%	1.80%
CMBT	Cmb.Tech NV Energy	Added	311,109	+55,915	$4,352,414	+34.8%	1.67%
SHW	Sherwin Williams Co Basic Materials	Added	12,593	+3,257	$4,336,021	+44.9%	1.67%
BORR	Borr Drilling Ltd Energy	NEW	922,914	NEW	$3,811,634	NEW	1.46%
NXRT	NexPoint Residential Trust, Inc. Real Estate	Reduced	131,406	-4,200	$3,668,855	+8.2%	1.41%
RIG	Transocean Ltd. Energy	Added	740,270	+401,017	$3,619,920	+60.9%	1.39%
EXP	Eagle Materials Inc Basic Materials	Added	15,039	+3,100	$3,383,775	+49.6%	1.30%
ASC	Ardmore Shipping Corp Industrials	Reduced	236,122	-63,235	$3,308,069	−27.5%	1.27%
CENX	Century Aluminum Co Basic Materials	Added	71,516	+26,218	$3,290,451	+23.8%	1.26%
HSHP	Himalaya Shipping Ltd. Industrials	Added	217,162	+53,130	$2,901,284	+33.0%	1.11%
TNK	Teekay Tankers Ltd. Energy	Added	44,391	+20,824	$2,879,644	+66.7%	1.11%
FRO	Frontline plc Energy	Added	81,081	+21,794	$2,820,807	+36.5%	1.08%
LEN	Lennar Corp /New/ Consumer Cyclical	Added	30,817	+8,100	$2,782,014	+41.7%	1.07%
INSW	International Seaways, Inc. Energy	Added	31,939	+7,342	$2,446,208	+36.5%	0.94%
FBIN	Fortune Brands Innovations, Inc. Industrials	Reduced	44,500	-3,600	$2,443,050	+30.3%	0.94%
NVGS	Navigator Holdings Ltd. Energy	Added	99,545	+49,545	$1,854,523	+91.9%	0.71%
BWA	Borgwarner Inc CALL Consumer Cyclical	Held	27,800	0	$1,845,920	+22.4%	0.71%
STNG	Scorpio Tankers Inc. Energy	Reduced	24,726	-1,607	$1,712,522	−12.9%	0.66%
HAFN	Hafnia Ltd CALL + SHARES Industrials	Reduced	252,960	-212,185	$1,679,654	−52.5%	0.65%
METC	Ramaco Resources, Inc. Basic Materials	Added	122,165	+4,500	$1,616,242	−11.2%	0.62%
HPP	Hudson Pacific Properties, Inc. Real Estate	Reduced	102,186	-16,739	$1,552,205	+120.8%	0.60%
MLM	Martin Marietta Materials Inc Basic Materials	Added	2,651	+1,160	$1,528,831	+74.2%	0.59%
GLD	Spdr Gold Trust	Held	4,121	0	$1,518,093	−14.4%	0.58%
HUT	Hut 8 Corp. Financial Services	Reduced	13,084	-4,059	$1,510,482	+87.8%	0.58%
CORZ	Core Scientific, Inc./tx Technology	Reduced	58,944	-111,532	$1,508,376	−40.9%	0.58%
GLXY	Galaxy Digital Inc. Financial Services	NEW	54,342	NEW	$1,485,710	NEW	0.57%
VAL	Valaris Ltd Energy	Added	19,075	+2,000	$1,384,845	−17.3%	0.53%
VST	Vistra Corp. Utilities	NEW	8,542	NEW	$1,355,017	NEW	0.52%
AMR	Alpha Metallurgical Resources, Inc. Basic Materials	Added	7,817	+4,740	$1,289,335	+104.1%	0.50%
BTU	Peabody Energy Corp Energy	Added	53,212	+38,900	$1,230,261	+160.9%	0.47%
KKR	KKR & Co. Inc. Financial Services	Added	13,019	+2,800	$1,194,883	+26.4%	0.46%
CIFR	Cipher Digital Inc. Technology	Reduced	47,715	-158,185	$1,169,017	−55.9%	0.45%

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.