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Portfolio (Quarterly) Guide ↗

MARATHON CAPITAL MANAGEMENT

· CIK 0001213206
13F Portfolio $445M AUM 171 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 13 New 32 Added 69 Reduced 13 Exited
Page 1 of 2  ·  32 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 BIL SPDR SERIES TRUST 195,446.0 $17.9M 4.02% +34K +21.1% $91.64 -0.0%
2 AMZN AMAZON COM INC Consumer Cyclical 55,724.0 $11.6M 2.61% +25K +84.2% $208.27 +26.9%
3 FIS FIDELITY NATL INFORMATION SV Technology 155,882.0 $7.3M 1.64% +67K +75.4% $46.91 -9.5%
4 ADMA ADMA BIOLOGICS INC Healthcare 627,388.0 $5.7M 1.27% +162K +34.8% $9.01 -8.2%
5 ANIP ANI PHARMACEUTICALS INC Healthcare 72,590.0 $5.6M 1.25% +3K +4.2% $76.90 +7.2%
6 DHR DANAHER CORP DEL Healthcare 23,299.0 $4.4M 0.99% +260.0 +1.1% $189.60 -9.2%
7 ZTS ZOETIS INC Healthcare 35,836.0 $4.2M 0.95% +686.0 +1.9% $118.21 -31.8%
8 CALX CALIX INC Technology 81,755.0 $4.0M 0.90% +1K +1.4% $48.99 -19.0%
9 ZETA ZETA GLOBAL HOLDINGS CORP Technology 231,825.0 $3.7M 0.83% +10K +4.5% $15.92 +21.8%
10 SLB SLB LIMITED Energy 60,130.0 $3.1M 0.69% +1K +2.4% $51.39 +13.3%
11 ATEC ALPHATEC HLDGS INC Healthcare 261,595.0 $2.8M 0.64% +63K +31.5% $10.88 -25.1%
12 PAR PAR TECHNOLOGY CORP Technology 100,920.0 $1.3M 0.30% +24K +31.4% $13.33 +10.6%
13 WY WEYERHAEUSER CO Real Estate 55,035.0 $1.3M 0.30% +5K +11.1% $24.43 -2.1%
14 AMPL AMPLITUDE INC Technology 171,560.0 $1.2M 0.26% +83K +93.6% $6.82 +1.4%
15 EOG EOG RES INC Energy 6,605.0 $955K 0.21% +814.0 +14.1% $144.57 -3.7%
16 BROWN FORMAN CORP 32,408.0 $857K 0.19% +4K +15.7% $26.44
17 MYCG SSGA ACTIVE TR 31,037.0 $776K 0.17% +7K +31.5% $25.00 -0.0%
18 SMR NUSCALE PWR CORP Utilities 50,500.0 $547K 0.12% +500.0 +1.0% $10.84 +15.3%
19 CSCO CISCO SYS INC Technology 6,187.0 $480K 0.11% +165.0 +2.7% $77.59 +51.5%
20 RXRX RECURSION PHARMACEUTICALS IN Healthcare 151,295.0 $464K 0.10% +7K +4.6% $3.07 +0.5%
Page 1 of 2  ·  32 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 25.5%
Technology 22.7%
Healthcare 14.7%
Energy 11.0%
Industrials 7.7%
Consumer Cyclical 6.0%
Communication Services 4.2%
Real Estate 4.0%
Basic Materials 2.1%
Consumer Defensive 1.6%