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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 3 of 4  ·  69 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 HDSN HUDSON TECHNOLOGIES INC Basic Materials 174,325.0 $1.0M 0.23% -1K -0.6% $5.88 -12.3%
42 RTX RTX CORPORATION Industrials 4,911.0 $947K 0.21% -46.0 -0.9% $192.92 -7.7%
43 AMGN AMGEN INC Healthcare 2,533.0 $891K 0.20% -59.0 -2.3% $351.90 -4.4%
44 ALL ALLSTATE CORP Financial Services 3,823.0 $793K 0.18% -100.0 -2.5% $207.34 +2.8%
45 LOW LOWES COS INC Consumer Cyclical 3,194.0 $755K 0.17% -55.0 -1.7% $236.28 -10.4%
46 YOU CLEAR SECURE INC Technology 15,000.0 $726K 0.16% -1K -6.2% $48.41 +29.0%
47 PLD PROLOGIS INC. Real Estate 5,100.0 $674K 0.15% -150.0 -2.9% $132.18 +11.6%
48 PNC PNC FINL SVCS GROUP INC Financial Services 3,027.0 $630K 0.14% -50.0 -1.6% $208.09 +6.0%
49 SO SOUTHERN CO Utilities 6,050.0 $584K 0.13% -550.0 -8.3% $96.52 -2.2%
50 GE GE AEROSPACE Industrials 2,045.0 $580K 0.13% -900.0 -30.6% $283.77 +10.0%
51 EXPAND ENERGY CORPORATION 5,251.0 $576K 0.13% -7K -55.9% $109.78
52 DUK DUKE ENERGY CORP NEW Utilities 4,110.0 $538K 0.12% -31.0 -0.8% $130.94 -4.0%
53 TMO THERMO FISHER SCIENTIFIC INC Healthcare 1,052.0 $517K 0.12% -75.0 -6.7% $491.53 -8.8%
54 BMY BRISTOL-MYERS SQUIBB CO Healthcare 8,324.0 $505K 0.11% -240.0 -2.8% $60.65 -4.0%
55 MYCF SSGA ACTIVE TR 19,587.0 $491K 0.11% -708.0 -3.5% $25.05 +0.1%
56 CYRX CRYOPORT INC Industrials 57,225.0 $474K 0.11% -30K -34.4% $8.28 +69.7%
57 SLV ISHARES SILVER TR Financial Services 6,872.0 $468K 0.10% -6K -45.1% $68.14 +0.8%
58 PFE PFIZER INC Healthcare 16,345.0 $459K 0.10% -638.0 -3.8% $28.08 -8.4%
59 RIO RIO TINTO PLC Basic Materials 4,657.0 $434K 0.10% -1K -20.1% $93.29 +14.2%
60 OKE ONEOK INC NEW Energy 4,200.0 $380K 0.09% -100.0 -2.3% $90.39 +1.2%
Page 3 of 4  ·  69 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%