Q1 2026 · 13F-HR
MARATHON CAPITAL MANAGEMENTholdings as filed
Filed 2026-05-14 · accession 0001172661-26-001839
$445.2M
Reported value
171
Positions
2026-03-31
Period end
The Brief · MARATHON CAPITAL MANAGEMENT · Q1 2026
AI · grounded in 13F
Marathon Capital Management closed its position in AZNN with a decrease of $14.5M. The fund established new positions in AZN for $12.85M and ZS for $9.3M. Additionally, the manager increased share counts in AMZN by 84.17% and FIS by 75.41%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 74144T108 | TROW | PRICE T ROWE GROUP INC | $57.6M | 12.9% | 638,525 | Common | NONE |
| 78468R663 | BIL | SPDR SERIES TRUST | $17.9M | 4.02% | 195,446 | Common | NONE |
| 219350105 | GLW | CORNING INC | $14.3M | 3.21% | 105,187 | Common | NONE |
| G0593M107 | AZN | ASTRAZENECA PLC | $12.9M | 2.89% | 65,175 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $12.4M | 2.79% | 48,992 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $12.1M | 2.72% | 42,205 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $11.6M | 2.61% | 55,724 | Common | NONE |
| 166764100 | CVX | CHEVRON CORPORATION | $10.2M | 2.29% | 49,304 | Common | NONE |
| 921946794 | VYMI | VANGUARD WHITEHALL FDS | $9.8M | 2.21% | 104,295 | Common | NONE |
| 25278X109 | FANG | DIAMONDBACK ENERGY INC | $9.5M | 2.13% | 47,951 | Common | NONE |
| 98980G102 | ZS | ZSCALER INC | $9.3M | 2.09% | 66,345 | Common | NONE |
| 01973R101 | ALSN | ALLISON TRANSMISSION HLDGS I | $8.5M | 1.90% | 72,235 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $8.4M | 1.89% | 22,710 | Common | NONE |
| 88162F105 | TTI | TETRA TECHNOLOGIES INC DEL | $8.3M | 1.87% | 979,011 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $7.8M | 1.74% | 60,180 | Common | NONE |
| 020398707 | ALM | ALMONTY INDS INC | $7.7M | 1.72% | 529,155 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $7.5M | 1.68% | 30,948 | Common | NONE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION SV | $7.3M | 1.64% | 155,882 | Common | NONE |
| 59156R108 | MET | METLIFE INC | $7.3M | 1.63% | 102,911 | Common | NONE |
| 756109104 | O | REALTY INCOME CORP | $6.9M | 1.54% | 112,349 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO | $6.2M | 1.39% | 21,112 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $6.2M | 1.39% | 25,288 | Common | NONE |
| 125141101 | CECO | CECO ENVIRONMENTAL CORP | $5.9M | 1.32% | 98,330 | Common | NONE |
| 85208R101 | CEF | SPROTT ASSET MANAGEMENT LP | $5.7M | 1.29% | 120,375 | Common | NONE |
| 000899104 | ADMA | ADMA BIOLOGICS INC | $5.7M | 1.27% | 627,388 | Common | NONE |
| 00182C103 | ANIP | ANI PHARMACEUTICALS INC | $5.6M | 1.25% | 72,590 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $5.4M | 1.21% | 11,281 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $5.1M | 1.15% | 126,074 | Common | NONE |
| 651718504 | NPKI | NPK INTERNATIONAL INC | $5.0M | 1.13% | 346,110 | Common | NONE |
| 12008R107 | BLDR | BUILDERS FIRSTSOURCE INC | $4.9M | 1.09% | 58,996 | Common | NONE |
| G96629103 | WTW | WILLIS TOWERS WATSON PLC LTD | $4.8M | 1.08% | 16,542 | Common | NONE |
| 039653100 | ACA | ARCOSA INC | $4.8M | 1.08% | 45,290 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $4.6M | 1.03% | 10,663 | Common | NONE |
| 235851102 | DHR | DANAHER CORP DEL | $4.4M | 0.99% | 23,299 | Common | NONE |
| 98978V103 | ZTS | ZOETIS INC | $4.2M | 0.95% | 35,836 | Common | NONE |
| H1467J104 | CB | CHUBB LTD SWITZ | $4.0M | 0.91% | 12,385 | Common | NONE |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $4.0M | 0.91% | 245,655 | Common | NONE |
| 13100M509 | CALX | CALIX INC | $4.0M | 0.90% | 81,755 | Common | NONE |
| 98956A105 | ZETA | ZETA GLOBAL HOLDINGS CORP | $3.7M | 0.83% | 231,825 | Common | NONE |
| 00724F101 | ADBE | ADOBE INC | $3.2M | 0.71% | 13,090 | Common | NONE |
| P31076105 | CPA | COPA HOLDINGS SA | $3.2M | 0.71% | 27,788 | Common | NONE |
| 806857108 | SLB | SLB LIMITED | $3.1M | 0.69% | 60,130 | Common | NONE |
| 670100205 | NVO | NOVO-NORDISK A S | $3.0M | 0.67% | 81,564 | Common | NONE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $3.0M | 0.67% | 165,203 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $2.8M | 0.64% | 23,685 | Common | NONE |
| 02081G201 | ATEC | ALPHATEC HLDGS INC | $2.8M | 0.64% | 261,595 | Common | NONE |
| 87612G101 | TRGP | TARGA RES CORP | $2.5M | 0.56% | 9,925 | Common | NONE |
| 742718109 | PG | PROCTER & GAMBLE CO | $2.3M | 0.53% | 16,227 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $2.3M | 0.53% | 2,545 | Common | SOLE |
| 29355A107 | ENPH | ENPHASE ENERGY INC | $2.2M | 0.49% | 57,368 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $2.1M | 0.47% | 7,230 | Common | NONE |
| 87151X101 | SYM | SYMBOTIC INC | $2.1M | 0.46% | 38,870 | Common | NONE |
| 78462F103 | SPY | STATE STR SPDR S&P 500 ETF T | $1.8M | 0.39% | 2,696 | Common | NONE |
| 237266101 | DAR | DARLING INGREDIENTS INC | $1.7M | 0.39% | 28,250 | Common | NONE |
| 92189F106 | GDX | VANECK ETF TRUST | $1.7M | 0.37% | 18,181 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $1.7M | 0.37% | 4,925 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.7M | 0.37% | 9,758 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $1.5M | 0.33% | 6,832 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $1.5M | 0.33% | 29,531 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $1.4M | 0.32% | 2,339 | Common | NONE |
| 698884103 | PAR | PAR TECHNOLOGY CORP | $1.3M | 0.30% | 100,920 | Common | NONE |
| 962166104 | WY | WEYERHAEUSER CO | $1.3M | 0.30% | 55,035 | Common | NONE |
| 37955N106 | SELF | GLOBAL SELF STORAGE INC | $1.3M | 0.30% | 259,627 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.3M | 0.29% | 17,177 | Common | NONE |
| 03674X106 | AR | ANTERO RESOURCES CORP | $1.3M | 0.29% | 30,000 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $1.2M | 0.28% | 5,511 | Common | NONE |
| 172062101 | CINF | CINCINNATI FINL CORP | $1.2M | 0.26% | 7,485 | Common | SOLE |
| 949746804 | WFC 7.5 PERP L | WELLS FARGO & CO | $1.2M | 0.26% | 1,014 | Common | NONE |
| 03213A104 | AMPL | AMPLITUDE INC | $1.2M | 0.26% | 171,560 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $1.0M | 0.24% | 5,149 | Common | NONE |
| M6372Q113 | KRNT | KORNIT DIGITAL LTD | $1.0M | 0.23% | 70,955 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $1.0M | 0.23% | 5,960 | Common | NONE |
| 780287108 | RGLD | ROYAL GOLD INC | $1.0M | 0.23% | 4,080 | Common | NONE |
| 444144109 | HDSN | HUDSON TECHNOLOGIES INC | $1.0M | 0.23% | 174,325 | Common | NONE |
| 29250N105 | ENB | ENBRIDGE INC | $1.0M | 0.23% | 18,525 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $989,353 | 0.22% | 6,371 | Common | NONE |
| 26875P101 | EOG | EOG RES INC | $954,885 | 0.21% | 6,605 | Common | NONE |
| 75513E101 | RTX | RTX CORPORATION | $947,411 | 0.21% | 4,911 | Common | NONE |
| 518415104 | LSCC | LATTICE SEMICONDUCTOR CORP | $936,876 | 0.21% | 10,100 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $891,362 | 0.20% | 2,533 | Common | NONE |
| 36266G107 | GEHC | GE HEALTHCARE TECHNOLOGIES I | $859,783 | 0.19% | 12,079 | Common | NONE |
| 115637209 | BF/B | BROWN FORMAN CORP | $856,868 | 0.19% | 32,408 | Common | NONE |
| 020002101 | ALL | ALLSTATE CORP | $792,661 | 0.18% | 3,823 | Common | NONE |
| 78470P812 | MYCG | SSGA ACTIVE TR | $775,921 | 0.17% | 31,037 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $754,678 | 0.17% | 3,194 | Common | NONE |
| 18467V109 | YOU | CLEAR SECURE INC | $726,150 | 0.16% | 15,000 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $683,762 | 0.15% | 2,079 | Common | NONE |
| 74340W103 | PLD | PROLOGIS INC. | $674,118 | 0.15% | 5,100 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $668,205 | 0.15% | 2,150 | Common | NONE |
| G6359F137 | NBR | NABORS INDUSTRIES LTD | $645,450 | 0.14% | 7,500 | Common | NONE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $629,888 | 0.14% | 3,027 | Common | NONE |
| 87313P103 | TXO | TXO PARTNERS LP | $629,000 | 0.14% | 50,000 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $603,747 | 0.14% | 1,688 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $583,946 | 0.13% | 6,050 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $580,310 | 0.13% | 2,045 | Common | NONE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $576,455 | 0.13% | 5,251 | Common | NONE |
| 126408103 | CSX | CSX CORP | $553,806 | 0.12% | 13,491 | Common | SOLE |
| 67079K100 | SMR | NUSCALE PWR CORP | $547,420 | 0.12% | 50,500 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $538,144 | 0.12% | 4,110 | Common | NONE |
| 374297109 | GTY | GETTY RLTY CORP NEW | $518,817 | 0.12% | 16,315 | Common | NONE |
| 883556102 | TMO | THERMO FISHER SCIENTIFIC INC | $517,090 | 0.12% | 1,052 | Common | SOLE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $504,835 | 0.11% | 8,324 | Common | NONE |
| 464286400 | EWZ | ISHARES INC | $492,160 | 0.11% | 12,820 | Common | NONE |
| 78470P820 | MYCF | SSGA ACTIVE TR | $490,752 | 0.11% | 19,587 | Common | NONE |
| 002824100 | ABT | ABBOTT LABORATORIES | $483,088 | 0.11% | 4,705 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $480,051 | 0.11% | 6,187 | Common | NONE |
| 229050307 | CYRX | CRYOPORT INC | $473,823 | 0.11% | 57,225 | Common | NONE |
| 46428Q109 | SLV | ISHARES SILVER TR | $468,258 | 0.11% | 6,872 | Common | SOLE |
| 060505682 | BAC 7.25 PERP L | BANK AMERICA CORP | $464,708 | 0.10% | 390 | Common | NONE |
| 75629V104 | RXRX | RECURSION PHARMACEUTICALS IN | $464,476 | 0.10% | 151,295 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $458,966 | 0.10% | 16,345 | Common | NONE |
| 464287556 | IBB | ISHARES TR | $447,453 | 0.10% | 2,650 | Common | NONE |
| 767204100 | RIO | RIO TINTO PLC | $434,452 | 0.10% | 4,657 | Common | NONE |
| 855244109 | SBUX | STARBUCKS CORP | $433,616 | 0.10% | 4,840 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $431,744 | 0.10% | 1,529 | Common | NONE |
| G7709Q104 | RPRX | ROYALTY PHARMA PLC | $430,644 | 0.10% | 8,977 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $427,124 | 0.10% | 1,380 | Common | NONE |
| 56585A102 | MPC | MARATHON PETE CORP | $415,106 | 0.09% | 1,700 | Common | NONE |
| 754907103 | RYN | RAYONIER INC | $412,976 | 0.09% | 20,028 | Common | NONE |
| 87724P106 | TMHC | TAYLOR MORRISON HOME CORP | $407,680 | 0.09% | 7,000 | Common | NONE |
| 219948106 | CPAY | CORPAY INC | $394,873 | 0.09% | 1,357 | Common | NONE |
| 57776J100 | MXL | MAXLINEAR INC | $391,275 | 0.09% | 22,500 | Common | NONE |
| 863667101 | SYK | STRYKER CORPORATION | $389,708 | 0.09% | 1,186 | Common | SOLE |
| 12653C108 | CNX | CNX RES CORP | $385,500 | 0.09% | 10,000 | Common | NONE |
| 682680103 | OKE | ONEOK INC NEW | $379,638 | 0.09% | 4,200 | Common | NONE |
| 679580100 | ODFL | OLD DOMINION FREIGHT LINE IN | $377,116 | 0.08% | 1,930 | Common | NONE |
| 101121101 | BXP | BXP INC | $373,680 | 0.08% | 7,200 | Common | NONE |
| 651639106 | NEM | NEWMONT CORP | $361,772 | 0.08% | 3,342 | Common | NONE |
| 036752103 | ELV | ELEVANCE HEALTH INC FORMERLY | $348,435 | 0.08% | 1,190 | Common | NONE |
| 889478103 | TOL | TOLL BROTHERS INC | $345,951 | 0.08% | 2,535 | Common | NONE |
| 21871X109 | CRBG | COREBRIDGE FINL INC | $318,200 | 0.07% | 13,336 | Common | NONE |
| 559663109 | MGY | MAGNOLIA OIL & GAS CORP | $315,700 | 0.07% | 10,000 | Common | NONE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $305,723 | 0.07% | 3,803 | Common | NONE |
| 02072L425 | SMRI | EA SERIES TRUST | $305,546 | 0.07% | 8,635 | Common | NONE |
| 302520101 | FNB | F N B CORP | $300,960 | 0.07% | 18,000 | Common | NONE |
| 65339F101 | NEE | NEXTERA ENERGY INC | $293,414 | 0.07% | 3,159 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $288,057 | 0.06% | 330 | Common | NONE |
| 485924104 | KRMN | KARMAN HLDGS INC | $287,780 | 0.06% | 3,595 | Common | NONE |
| 00206R102 | T | AT&T INC | $284,300 | 0.06% | 9,807 | Common | NONE |
| 31946M103 | FCNCA | FIRST CTZNS BANCSHARES INC D | $282,699 | 0.06% | 150 | Common | NONE |
| 303075105 | FDS | FACTSET RESH SYS INC | $278,526 | 0.06% | 1,284 | Common | NONE |
| 666807102 | NOC | NORTHROP GRUMMAN CORP | $277,672 | 0.06% | 407 | Common | SOLE |
| 40434L105 | HPQ | HP INC | $275,375 | 0.06% | 14,335 | Common | NONE |
| 291011104 | EMR | EMERSON ELEC CO | $270,818 | 0.06% | 2,067 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $262,925 | 0.06% | 2,728 | Common | NONE |
| 053015103 | ADP | AUTOMATIC DATA PROCESSING IN | $255,397 | 0.06% | 1,257 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $246,029 | 0.06% | 1,144 | Common | NONE |
| G5960L103 | MDT | MEDTRONIC PLC | $243,833 | 0.05% | 2,814 | Common | NONE |
| 87283Q867 | TCAF | T ROWE PRICE ETF INC | $242,902 | 0.05% | 6,825 | Common | SOLE |
| 37954Y830 | COPX | GLOBAL X FDS | $239,663 | 0.05% | 3,139 | Common | NONE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $236,977 | 0.05% | 1,299 | Common | NONE |
| 74933W601 | TMFC | RBB FD INC | $233,253 | 0.05% | 3,536 | Common | NONE |
| 00766T100 | ACM | AECOM | $225,621 | 0.05% | 2,660 | Common | NONE |
| 125523100 | CI | THE CIGNA GROUP | $219,269 | 0.05% | 822 | Common | SOLE |
| 431636109 | HLMN | HILLMAN SOLUTIONS CORP | $217,984 | 0.05% | 26,200 | Common | NONE |
| 94106L109 | WM | WASTE MGMT INC DEL | $209,109 | 0.05% | 910 | Common | NONE |
| 88579Y101 | MMM | 3M CO | $204,193 | 0.05% | 1,406 | Common | SOLE |
| 922908363 | VOO | VANGUARD INDEX FDS | $200,483 | 0.05% | 336 | Common | NONE |
| 68236H204 | ONDS | ONDAS INC | $111,870 | 0.03% | 12,375 | Common | NONE |
| 56624R108 | MCHX | MARCHEX INC | $95,325 | 0.02% | 61,500 | Common | NONE |
| 26745T101 | DYAI | DYADIC INTL INC DEL | $90,200 | 0.02% | 110,000 | Common | NONE |
| 205750409 | LODE | COMSTOCK INC | $61,000 | 0.01% | 20,000 | Common | NONE |
| 00938A104 | AIRG | AIRGAIN INC | $60,500 | 0.01% | 11,000 | Common | NONE |
| 45170X205 | INVE | IDENTIV INC | $57,350 | 0.01% | 15,500 | Common | NONE |
| 500600101 | KOPN | KOPIN CORP | $56,250 | 0.01% | 25,000 | Common | NONE |
| 067532200 | BRFH | BARFRESH FOOD GROUP INC | $43,229 | 0.01% | 15,384 | Common | NONE |
| 63008G203 | NNDM | NANO DIMENSION LTD | $34,000 | 0.01% | 20,000 | Common | NONE |
| G1144A105 | BTBT | BIT DIGITAL INC | $19,650 | 0.00% | 15,000 | Common | NONE |
| 206787103 | CNDT | CONDUENT INC | $12,800 | 0.00% | 10,000 | Common | NONE |
| 58471K202 | MDCX | MEDICUS PHARMA LTD | $7,115 | 0.00% | 15,500 | Common | NONE |
| 23283X206 | CTSO | CYTOSORBENTS CORP | $5,663 | 0.00% | 10,000 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.