Marnell Management LLC

CIK

1852314

Location

FARMINGTON HILLS, MI

Portfolio Value

Micro $5,200,253

Diversification

Diversified

Filing Date

Global Rank

#3,621 / 8,586 ▲ 641

Top Industry

Oil & Gas Midstream 18.6%

3Y Alpha vs SPY

+52.1%

Period ended 3 months ago

Filed May 14, 2026 · 33d

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+23.8%

SPY

+11.2%

Annualised alpha

+52.1%

Max drawdown

−7.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

66 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

31.6%

−1.5 pts

Top 5

50.0%

+1.9 pts

Top 10

61.5%

−0.0 pts

HHI

1,156

Diversified−89

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	38.8%	$103,632,825	3
Energy	17.6%	$47,117,374	14
Industrials	12.7%	$33,844,820	12
Real Estate	9.3%	$24,932,829	8
Basic Materials	7.2%	$19,300,386	13
Financial Services	7.1%	$18,874,146	6
Consumer Cyclical	2.7%	$7,174,731	5
Technology	1.9%	$5,200,253	2
Utilities	1.6%	$4,234,266	1
Communication Services	1.1%	$3,002,654	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
DHT	DHT Holdings, Inc.	+198,641	345,434	$6,311,079
TRMD	TORM plc	+187,260	433,162	$12,085,219
VNO	Vornado Realty Trust	+130,092	142,592	$3,705,966
WULF	Terawulf Inc.	+120,834	686,762	$9,909,975
JBGS	JBG SMITH Properties	+66,410	451,873	$6,601,864
HAFN	Hafnia Ltd	+60,839	465,145	$3,535,102
RIG	Transocean Ltd.	+49,376	339,253	$2,249,247
ECO	Okeanis Eco Tankers Corp.	+45,196	53,253	$2,694,069
SPY	Spdr S&P 500 ETF Trust	+30,000	130,000	$84,544,200
CMBT	Cmb.Tech NV	+19,741	255,194	$3,228,204
CLF	Cleveland-Cliffs Inc.	+11,100	39,613	$334,729
TLN	Talen Energy Corp	+7,504	13,264	$4,234,266
CNR	Core Natural Resources, Inc.	+5,841	73,984	$7,748,344
ALX	Alexanders Inc	+3,801	15,841	$3,741,644
EXP	Eagle Materials Inc	+2,889	11,939	$2,261,843
KKR	KKR & Co. Inc.	+1,119	10,219	$945,257
WH	Wyndham Hotels & Resorts, Inc.	+600	4,647	$377,475
TNK	Teekay Tankers Ltd.	+494	23,567	$1,727,932
SHW	Sherwin Williams Co	+472	9,336	$2,992,654
FCNCA	First Citizens Bancshares Inc /De/	+394	2,499	$4,709,765
MLM	Martin Marietta Materials Inc	+196	1,491	$877,721
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GNK	Genco Shipping & Trading Ltd	−199,523	86,023	$1,939,818
SBLK	Star Bulk Carriers Corp.	−153,809	430,282	$9,883,577
INSW	International Seaways, Inc.	−99,230	24,597	$1,792,629
ASC	Ardmore Shipping Corp	−66,784	299,357	$4,565,194
CENX	Century Aluminum Co	−61,758	45,298	$2,658,539
HUT	Hut 8 Corp.	−58,799	17,143	$804,178
CORZ	Core Scientific, Inc./tx	−51,396	170,476	$2,550,320
FRO	Frontline plc	−50,032	59,287	$2,066,744
GTX	Garrett Motion Inc.	−44,108	181,863	$3,304,450
NMM	Navios Maritime Partners L.P.	−38,202	57,682	$3,892,381
NXRT	NexPoint Residential Trust, Inc.	−37,832	135,606	$3,390,150
TDW	Tidewater Inc	−34,426	55,120	$4,605,276
OLN	OLIN Corp	−29,391	16,309	$484,866
TEN	Tsakos Energy Navigation Ltd	−28,300	5,691	$224,566
NBIS	Nebius Group N.V.	−20,918	23,358	$2,423,626
HCC	Warrior Met Coal, Inc.	−18,271	55,913	$5,208,295
CZR	Caesars Entertainment, Inc.	−9,292	12,653	$334,418
BTU	Peabody Energy Corp	−8,445	14,312	$471,580
WLK	Westlake Corp	−7,898	3,802	$444,149
SATS	EchoStar CORP	−3,654	4,946	$579,028
WFG	West Fraser Timber Co., Ltd	−3,224	4,676	$305,296
GLD	Spdr Gold Trust	−2,579	4,121	$1,773,225
AMR	Alpha Metallurgical Resources, Inc.	−2,507	3,077	$631,615
MT	ArcelorMittal	−2,000	12,888	$669,918
STNG	Scorpio Tankers Inc.	−1,711	26,333	$1,966,021
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	30,000	$17,315,400
DEI	Douglas Emmett Inc	436,290	$4,109,851
CIFR	Cipher Digital Inc.	205,900	$2,649,933
HSHP	Himalaya Shipping Ltd.	164,032	$2,181,625
CLSK	Cleanspark, Inc.	254,376	$2,164,739
COMP	Compass, Inc.	271,779	$1,986,704
FBIN	Fortune Brands Innovations, Inc.	48,100	$1,874,457
METC	Ramaco Resources, Inc.	117,665	$1,819,100
LEN	Lennar Corp /New/	19,000	$1,649,960
BLDR	Builders FirstSource, Inc.	19,772	$1,627,828
BWA	Borgwarner Inc	27,800	$1,508,428
NVGS	Navigator Holdings Ltd.	50,000	$966,500
QXO	QXO, Inc.	38,700	$751,554
HPP	Hudson Pacific Properties, Inc.	118,925	$702,846
CE	Celanese Corp	9,300	$611,661
SHIP	Seanergy Maritime Holdings Corp.	39,559	$510,706
OC	Owens Corning	3,590	$388,509
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
NLOP	Net Lease Office Properties	68,027	$1,754,416
NUE	Nucor Corp	10,000	$1,631,100
DAC	Danaos Corp	7,119	$670,467
AL	SUMISHO AIR LEASE CORP	9,078	$583,079
FNV	FRANCO NEVADA Corp	2,400	$497,472
VALE	Vale S.A.	25,800	$336,174
CDRE	Cadre Holdings, Inc.	6,076	$248,143
GSL	Global Ship Lease, Inc.	6,515	$228,285
TROX	Tronox Holdings plc	19,830	$82,691
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2 positions · $5,200,253 total · Technology only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio	History
CORZ	Core Scientific, Inc./tx Technology	Reduced	170,476	-51,396	$2,550,320	−21.1%	49.04%
CIFR	Cipher Digital Inc. Technology	NEW	205,900	NEW	$2,649,933	NEW	50.96%