Markin Asset Management, LP

Registered adviser

CIK

2110806

Location

RYE, NY

Portfolio Value

Small $116,851,194

Diversification

Moderately concentrated

Filing Date

Global Rank

#7,992 / 8,814 ▲ 476

Top Industry

Asset Management 28.5%

3Y Alpha vs SPY

-1.0%

Period ended 4 months ago

Filed Jul 14, 2026 · 3mo

3 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 311719

Roster of Oct 1, 2026

Regulatory AUM

$152,511,384

Main clients

Individuals and high net worth (79% of AUM)

Private funds

2 funds · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$39,627,035 gross assets

Private funds on Schedule D 7.B.(1)

As filed Mar 26, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$16,942,989 gross assets in 1 fund Hedge funds $16,942,989 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$152,511,384	Individuals and high net worth (79%)
Apr 2025 to Mar 2026	$120,341,630	Individuals and high net worth (94%)
Apr 2024 to Mar 2025	$96,234,728	Individuals and high net worth (82%)
May 2023 to Mar 2024	$80,287,979	Individuals and high net worth (91%)
Apr 2023	$80,287,979	Individuals and high net worth (91%)
Apr 2022 to Mar 2023	$57,906,696	Individuals and high net worth (78%)

2 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 88.6% of the book (60%+)

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 2.9 quarters (under 4)

Closest benchmark: every 13F filer's combined book, active share 85.5%; sector active share 75.5% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

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

Top Position

34.3%

−11.6 pts

Top 5

77.3%

−5.0 pts

Top 10

88.6%

−4.4 pts

HHI

2,044

Moderately concentrated−753

Portfolio Trend

3 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	84.9%	$99,231,060	28
Technology	6.1%	$7,110,930	10
Financial Services	5.0%	$5,793,320	2
Communication Services	2.1%	$2,441,261	2
Consumer Cyclical	1.1%	$1,309,187	2
Industrials	0.4%	$490,462	2
Healthcare	0.4%	$474,974	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

13 positions

Ticker	Company	Δ Shares	Shares	Value
VEU	Vanguard International Equity Index Funds	+34,441	38,124	$3,192,885
XLF	State Street Corp	+17,681	93,802	$5,028,725
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	+8,230	33,833	$3,624,529
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	+7,777	31,064	$3,643,185
—		+7,379	23,687	$1,967,679
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	+6,332	24,041	$3,814,345
SPY	Spdr S&P 500 ETF Trust	+5,137	11,738	$8,765,586
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	+4,748	75,236	$14,333,962
XLRE	State Street(R) Real Estate Select Sector SPDR(R) ETF	+4,048	20,443	$900,105
—		+3,924	14,876	$756,147
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	+3,813	19,707	$3,650,327
GOOG	Alphabet Inc.	+2,943	5,733	$2,025,640
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	+2,691	21,470	$973,449
No positions match the current search.

Trimmed

Positions the filer reduced

18 positions

Ticker	Company	Δ Shares	Shares	Value
TFLO	iShares Treasury Floating Rate Bond ETF	−13,867	138,285	$7,001,369
IEI	iShares 3-7 Year Treasury Bond ETF	−5,146	19,531	$2,293,915
AGG	iShares Core U.S. Aggregate Bond ETF	−3,487	290,898	$28,793,084
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	−2,223	16,556	$879,289
SHY	iShares 1-3 Year Treasury Bond ETF	−1,052	13,289	$1,091,159
IEF	iShares 7-10 Year Treasury Bond ETF	−934	4,578	$432,941
IAGG	iShares Core International Aggregate Bond ETF	−403	4,236	$214,341
CBOJ		−282	15,022	$353,482
MSFT	Microsoft Corp	−272	4,639	$1,730,439
GOOGL	Alphabet Inc.	−242	1,163	$415,621
GLD	Spdr Gold Trust	−239	5,476	$2,017,248
NVDA	Nvidia Corp	−167	5,370	$1,074,483
BRK-B	Berkshire Hathaway Inc	−152	1,528	$764,595
VOO	VANGUARD 500 INDEX FUND	−138	3,146	$2,160,704
QQQ	Invesco Qqq Trust, Series 1	−119	3,276	$2,412,446
AAPL	Apple Inc.	−110	7,395	$2,139,817
FBTC	Fidelity Wise Origin Bitcoin Fund	−109	4,166	$212,674
AMZN	Amazon Com Inc	−101	3,490	$831,806
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
RSP	Victory Portfolios II	21,703	$4,617,747
MU	Micron Technology Inc	466	$537,899
LRCX	Lam Research Corp	873	$378,297
WDC	Western Digital Corp	434	$277,204
AMAT	Applied Materials Inc	352	$254,496
KLAC	Kla Corp	830	$250,419
AMD	Advanced Micro Devices Inc	428	$248,629
VRT	Vertiv Holdings Co	735	$246,092
GEV	GE Vernova Inc.	208	$244,370
MRVL	Marvell Technology, Inc.	736	$219,247
IWR	iShares Russell Mid-Cap ETF	1,952	$215,344
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
AVGO	Broadcom Inc.	670	$207,371
PLTR	Palantir Technologies Inc.	1,370	$200,403
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 tracked positions · $116,851,194 total · filing declares 47 positions · $116,851,637 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AGG	iShares Core U.S. Aggregate Bond ETF	Reduced	290,898	-3,487	$28,793,084	−1.5%	3	before history	24.64%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	75,236	+4,748	$14,333,962	+53.0%	3	before history	12.27%
SPY	Spdr S&P 500 ETF Trust	Added	11,738	+5,137	$8,765,586	+104.2%	3	before history	7.50%
TFLO	iShares Treasury Floating Rate Bond ETF	Reduced	138,285	-13,867	$7,001,369	−9.1%	3	before history	5.99%
XLF	State Street Corp Financial Services	Added	93,802	+17,681	$5,028,725	+33.8%	3	before history	4.30%
RSP	Victory Portfolios II	NEW	21,703	NEW	$4,617,747	NEW	1	$204.64	3.95%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Added	24,041	+6,332	$3,814,345	+46.9%	3	before history	3.26%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	19,707	+3,813	$3,650,327	+42.0%	3	before history	3.12%
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	Added	31,064	+7,777	$3,643,185	+43.6%	3	before history	3.12%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Added	33,833	+8,230	$3,624,529	+27.7%	3	before history	3.10%
VEU	Vanguard International Equity Index Funds	Added	38,124	+34,441	$3,192,885	+1054.4%	3	before history	2.73%
QQQ	Invesco Qqq Trust, Series 1	Reduced	3,276	-119	$2,412,446	+23.1%	3	before history	2.06%
IEI	iShares 3-7 Year Treasury Bond ETF	Reduced	19,531	-5,146	$2,293,915	−21.6%	3	before history	1.96%
VOO	VANGUARD 500 INDEX FUND	Reduced	3,146	-138	$2,160,704	+10.1%	3	before history	1.85%
AAPL	Apple Inc. Technology	Reduced	7,395	-110	$2,139,817	+12.3%	3	before history	1.83%
GOOG	Alphabet Inc. Communication Services	Added	5,733	+2,943	$2,025,640	+153.1%	3	before history	1.73%
GLD	Spdr Gold Trust	Reduced	5,476	-239	$2,017,248	−18.0%	3	before history	1.73%
		Added	23,687	+7,379	$1,967,679	+47.2%	3	before history	1.68%
MSFT	Microsoft Corp Technology	Reduced	4,639	-272	$1,730,439	−4.8%	3	before history	1.48%
SHY	iShares 1-3 Year Treasury Bond ETF	Reduced	13,289	-1,052	$1,091,159	−7.9%	3	before history	0.93%
NVDA	Nvidia Corp Technology	Reduced	5,370	-167	$1,074,483	+11.3%	3	before history	0.92%
XLU	State Street(R) Utilities Select Sector SPDR(R) ETF	Added	21,470	+2,691	$973,449	+13.0%	3	before history	0.83%
XLRE	State Street(R) Real Estate Select Sector SPDR(R) ETF	Added	20,443	+4,048	$900,105	+34.5%	3	before history	0.77%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	Reduced	16,556	-2,223	$879,289	−23.6%	3	before history	0.75%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	3,490	-101	$831,806	+11.2%	3	before history	0.71%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	1,528	-152	$764,595	−5.0%	3	before history	0.65%
		Added	14,876	+3,924	$756,147	+38.2%	3	before history	0.65%
MU	Micron Technology Inc Technology	NEW	466	NEW	$537,899	NEW	1	$749.89	0.46%
TSLA	Tesla, Inc. Consumer Cyclical	Held	1,135	0	$477,381	+13.1%	3	before history	0.41%
LLY	ELI LILLY & Co Healthcare	Held	396	0	$474,974	+30.4%	3	before history	0.41%
IEF	iShares 7-10 Year Treasury Bond ETF	Reduced	4,578	-934	$432,941	−17.7%	3	before history	0.37%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,163	-242	$415,621	+2.9%	3	before history	0.36%
LRCX	Lam Research Corp Technology	NEW	873	NEW	$378,297	NEW	1	$303.56	0.32%
CBOY		Held	14,651	0	$358,802	+0.6%	3	before history	0.31%
CBOJ		Reduced	15,022	-282	$353,482	−2.7%	3	before history	0.30%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	875	0	$323,785	+15.3%	3	before history	0.28%
WDC	Western Digital Corp Technology	NEW	434	NEW	$277,204	NEW	1	$486.23	0.24%
AMAT	Applied Materials Inc Technology	NEW	352	NEW	$254,496	NEW	1	$461.39	0.22%
KLAC	Kla Corp Technology	NEW	830	NEW	$250,419	NEW	1	unpriced	0.21%
AMD	Advanced Micro Devices Inc Technology	NEW	428	NEW	$248,629	NEW	1	$409.99	0.21%
VRT	Vertiv Holdings Co Industrials	NEW	735	NEW	$246,092	NEW	1	$317.15	0.21%
GEV	GE Vernova Inc. Industrials	NEW	208	NEW	$244,370	NEW	1	$1,020.67	0.21%
		Held	2,362	0	$230,531	+10.3%	3	before history	0.20%
MRVL	Marvell Technology, Inc. Technology	NEW	736	NEW	$219,247	NEW	1	$200.51	0.19%
IWR	iShares Russell Mid-Cap ETF	NEW	1,952	NEW	$215,344	NEW	1	unpriced	0.18%
IAGG	iShares Core International Aggregate Bond ETF	Reduced	4,236	-403	$214,341	−7.7%	3	before history	0.18%
FBTC	Fidelity Wise Origin Bitcoin Fund	Reduced	4,166	-109	$212,674	−15.7%	3	before history	0.18%

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.