MARSHALL INVESTMENT MANAGEMENT, LLC

CIK

2022427

Location

LITTLETON, CO

Portfolio Value

Small $118,093,575

Diversification

Diversified

Filing Date

Global Rank

#5,580 / 8,517 ▲ 493

Top Industry

Software - Infrastructure 16.1%

3Y Alpha vs SPY

+10.9%

Period ended 46 days ago

Filed Aug 14, 2026 · 1d

7 quarters · since Dec 2024

Clone Performance

Feb 2025–Aug 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

+45.4%

SPY

+27.3%

Annualised alpha

+10.9%

Max drawdown

−16.3%

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; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 7 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

14.9%

−5.6 pts

Top 5

43.1%

−6.6 pts

Top 10

68.1%

−3.6 pts

HHI

629

Diversified−183

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	29.0%	$34,212,934	55
Unclassified	21.2%	$25,081,866	10
Financial Services	14.6%	$17,208,866	70
Healthcare	9.7%	$11,476,452	33
Communication Services	8.1%	$9,580,804	18
Consumer Cyclical	7.2%	$8,522,080	34
Consumer Defensive	4.2%	$4,962,909	22
Utilities	3.7%	$4,316,470	17
Industrials	1.0%	$1,196,667	56
Energy	0.9%	$1,023,672	23
Basic Materials	0.3%	$395,299	21
Real Estate	0.1%	$115,556	24

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
KO	Coca Cola Co	+7,470	9,483	$770,683
VZ	Verizon Communications Inc	+4,569	74,924	$3,172,282
AAPL	Apple Inc.	+4,240	23,705	$6,859,278
WMT	Walmart Inc.	+2,667	32,814	$3,716,513
DUK	Duke Energy CORP	+1,967	28,395	$3,594,239
AMZN	Amazon Com Inc	+1,915	34,118	$8,131,684
MSFT	Microsoft Corp	+1,732	21,931	$8,180,701
JPM	Jpmorgan Chase & Co	+1,277	17,670	$5,783,921
NVDA	Nvidia Corp	+1,103	27,849	$5,572,306
GLD	Spdr Gold Trust	+700	47,749	$17,589,776
AMGN	Amgen Inc	+602	8,386	$3,036,738
GOOGL	Alphabet Inc.	+558	17,091	$6,040,628
JNJ	Johnson & Johnson	+534	10,479	$2,661,351
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+518	11,665	$5,570,854
CRWD	CrowdStrike Holdings, Inc.	+342	8,621	$6,579,029
CSCO	Cisco Systems, Inc.	+341	2,182	$256,297
WEC	Wec Energy Group, Inc.	+303	4,784	$558,627
JOBY	Joby Aviation, Inc.	+277	377	$3,362
LLY	ELI LILLY & Co	+276	4,220	$5,061,595
AVGO	Broadcom Inc.	+209	1,131	$427,235
BRK-B	Berkshire Hathaway Inc	+199	20,218	$10,116,885
DIS	Walt Disney Co	+181	231	$22,233
NFLX	Netflix Inc	+170	180	$12,852
SBUX	Starbucks Corp	+149	355	$36,277
PTY	Pimco Corporate & Income Opportunity Fund	+148	4,881	$58,718
No positions match the current search.

Trimmed

Positions the filer reduced

14 positions

Ticker	Company	Δ Shares	Shares	Value
VEA	Vanguard FTSE Developed Markets ETF	−1,139	3,135	$223,368
MU	Micron Technology Inc	−530	97	$111,966
SPY	Spdr S&P 500 ETF Trust	−425	2,284	$1,705,622
PM	Philip Morris International Inc.	−327	648	$117,229
BIV	Vanguard Intermediate-Term Bond ETF	−318	3,953	$303,195
KHC	Kraft Heinz Co	−227	143	$3,377
PLTR	Palantir Technologies Inc.	−146	817	$95,319
VB	Vanguard Morningstar Small-Cap ETF	−119	190	$57,592
BP	Bp PLC	−99	37	$1,367
QQQ	Invesco Qqq Trust, Series 1	−66	7	$5,154
MRK	Merck & Co., Inc.	−43	500	$64,250
RTX	RTX Corp	−5	1,359	$257,843
ADBE	Adobe Inc.	−4	6	$1,230
ELF	e.l.f. Beauty, Inc.	−1	7	$518
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AIRR	First Trust RBA American Industrial Renaissance ETF	38,381	$5,114,268
BSX	Boston Scientific Corp	1,741	$74,305
ADI	Analog Devices Inc	147	$58,383
PHYS	Sprott Physical Gold Trust	1,785	$53,853
PWR	Quanta Services, Inc.	56	$40,322
GE	General Electric Co	96	$35,878
HBM	Hudbay Minerals Inc.	1,437	$33,927
CVX	Chevron Corp	197	$32,654
CMI	Cummins Inc	44	$31,381
BLK	BlackRock, Inc.	29	$27,885
B	Barrick Mining Corp	743	$27,290
PH	Parker-Hannifin Corp	27	$26,409
PLD	Prologis, Inc.	185	$25,061
ITW	Illinois Tool Works Inc	87	$23,530
KGC	Kinross Gold Corp	946	$22,344
CEG	Constellation Energy Corp	85	$21,111
TJX	Tjx Companies Inc /De/	135	$20,452
PNC	Pnc Financial Services Group, Inc.	79	$19,451
TXN	Texas Instruments Inc	64	$19,076
PSX	Phillips 66	112	$18,933
FAST	Fastenal Co	391	$18,779
WPM	Wheaton Precious Metals Corp.	162	$18,195
MSI	Motorola Solutions, Inc.	40	$16,611
WELL	Welltower Inc.	68	$15,433
SYK	Stryker Corp	49	$15,427
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
DIA	Spdr Dow Jones Industrial Average ETF Trust	79	$36,592
BNDX	Vanguard Total International Bond ETF	357	$17,153
DELL	Dell Technologies Inc.	22	$3,610
UBER	Uber Technologies, Inc	15	$1,078
LAC	Lithium Americas Corp.	25	$98
OUNZ	VanEck Merk Gold ETF	1	$45
SMR	NUSCALE POWER Corp	3	$32
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

383 tracked positions · $118,093,575 total · filing declares 497 positions · $240,752,576 · 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 383 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLD	Spdr Gold Trust	Added	47,749	+700	$17,589,776	−13.1%	14.89%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	20,218	+199	$10,116,885	+5.5%	8.57%
MSFT	Microsoft Corp Technology	Added	21,931	+1,732	$8,180,701	+9.4%	6.93%
AMZN	Amazon Com Inc Consumer Cyclical	Added	34,118	+1,915	$8,131,684	+21.2%	6.89%
AAPL	Apple Inc. Technology	Added	23,705	+4,240	$6,859,278	+38.9%	5.81%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	8,621	+342	$6,579,029	+103.5%	5.57%
GOOGL	Alphabet Inc. Communication Services	Added	17,091	+558	$6,040,628	+27.4%	5.12%
JPM	Jpmorgan Chase & Co Financial Services	Added	17,670	+1,277	$5,783,921	+19.9%	4.90%
NVDA	Nvidia Corp Technology	Added	27,849	+1,103	$5,572,306	+19.5%	4.72%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	11,665	+518	$5,570,854	+47.9%	4.72%
AIRR	First Trust RBA American Industrial Renaissance ETF	NEW	38,381	NEW	$5,114,268	NEW	4.33%
LLY	ELI LILLY & Co Healthcare	Added	4,220	+276	$5,061,595	+39.5%	4.29%
WMT	Walmart Inc. Consumer Defensive	Added	32,814	+2,667	$3,716,513	−0.8%	3.15%
DUK	Duke Energy CORP Utilities	Added	28,395	+1,967	$3,594,239	+3.9%	3.04%
VZ	Verizon Communications Inc Communication Services	Added	74,924	+4,569	$3,172,282	−10.2%	2.69%
AMGN	Amgen Inc Healthcare	Added	8,386	+602	$3,036,738	+10.9%	2.57%
JNJ	Johnson & Johnson Healthcare	Added	10,479	+534	$2,661,351	+9.5%	2.25%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,284	-425	$1,705,622	−3.2%	1.44%
KO	Coca Cola Co Consumer Defensive	Added	9,483	+7,470	$770,683	+403.4%	0.65%
MPLX	Mplx LP Energy	Added	10,736	+4	$604,758	−1.3%	0.51%
WEC	Wec Energy Group, Inc. Utilities	Added	4,784	+303	$558,627	+7.7%	0.47%
LMT	Lockheed Martin Corp Industrials	Held	842	0	$428,965	−15.7%	0.36%
AVGO	Broadcom Inc. Technology	Added	1,131	+209	$427,235	+49.7%	0.36%
CVS	CVS HEALTH Corp Healthcare	Held	3,705	0	$383,282	+44.0%	0.32%
V	Visa Inc. Financial Services	Added	1,054	+118	$361,616	+27.8%	0.31%
BIV	Vanguard Intermediate-Term Bond ETF	Reduced	3,953	-318	$303,195	−8.0%	0.26%
META	Meta Platforms, Inc. Communication Services	Added	484	+73	$272,632	+15.9%	0.23%
RTX	RTX Corp Industrials	Reduced	1,359	-5	$257,843	−2.0%	0.22%
GS	Goldman Sachs Group Inc Financial Services	Added	254	+1	$256,887	+20.0%	0.22%
CSCO	Cisco Systems, Inc. Technology	Added	2,182	+341	$256,297	+79.4%	0.22%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	3,135	-1,139	$223,368	−18.4%	0.19%
VMC	Vulcan Materials CO Basic Materials	Added	714	+10	$210,637	+9.9%	0.18%
XOM	ExxonMobil Holdings Corp Energy	Held	1,355	0	$185,255	−19.4%	0.16%
USB	US Bancorp De Financial Services	Held	2,514	0	$151,845	+16.1%	0.13%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	126	+26	$117,869	+18.3%	0.10%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	648	-327	$117,229	−27.3%	0.10%
OXY	Occidental Petroleum Corp /De/ Energy	Held	2,309	0	$112,148	−25.3%	0.09%
MU	Micron Technology Inc Technology	Reduced	97	-530	$111,966	−47.1%	0.09%
SYY	Sysco Corp Consumer Defensive	Added	1,196	+26	$99,961	+19.8%	0.08%
PLTR	Palantir Technologies Inc. Technology	Reduced	817	-146	$95,319	−32.3%	0.08%
UPS	United Parcel Service Inc Industrials	Held	840	0	$90,300	+9.3%	0.08%
NDAQ	Nasdaq, Inc. Financial Services	Added	1,010	+26	$79,608	−4.7%	0.07%
AMD	Advanced Micro Devices Inc Technology	Added	134	+8	$77,841	+203.7%	0.07%
BSX	Boston Scientific Corp Healthcare	NEW	1,741	NEW	$74,305	NEW	0.06%
ORCL	Oracle Corp Technology	Added	493	+65	$72,249	+14.7%	0.06%
GH	Guardant Health, Inc. Healthcare	Held	480	0	$72,014	+62.4%	0.06%
BKH	Black Hills Corp /Sd/ Utilities	Added	948	+9	$70,531	+8.2%	0.06%
MRK	Merck & Co., Inc. Healthcare	Reduced	500	-43	$64,250	−1.6%	0.05%
PTY	Pimco Corporate & Income Opportunity Fund Financial Services	Added	4,881	+148	$58,718	+2.9%	0.05%
ADI	Analog Devices Inc Technology	NEW	147	NEW	$58,383	NEW	0.05%

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.