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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 4 of 4  ·  69 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 NEM NEWMONT CORP Basic Materials 3,342.0 $362K 0.08% -700.0 -17.3% $108.25 +3.1%
62 T AT&T INC Communication Services 9,807.0 $284K 0.06% -50.0 -0.5% $28.99 -13.7%
63 FCNCA FIRST CTZNS BANCSHARES INC D Financial Services 150.0 $283K 0.06% -145.0 -49.1% $1884.66 +6.0%
64 TMFC RBB FD INC 3,536.0 $233K 0.05% -315.0 -8.2% $65.97 +18.1%
65 HLMN HILLMAN SOLUTIONS CORP Industrials 26,200.0 $218K 0.05% -2K -6.9% $8.32 -10.5%
66 VOO VANGUARD INDEX FDS 336.0 $200K 0.04% -24.0 -6.7% $596.68 +15.6%
67 ONDS ONDAS INC Technology 12,375.0 $112K 0.03% -5K -29.8% $9.04 +8.1%
68 INVE IDENTIV INC Technology 15,500.0 $57K 0.01% -6K -26.2% $3.70 +6.2%
69 KOPN KOPIN CORP Technology 25,000.0 $56K 0.01% -5K -16.7% $2.25 +149.3%
Page 4 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%