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Portfolio (Quarterly) Guide ↗

MARATHON CAPITAL MANAGEMENT

· CIK 0001213206
13F Portfolio $494M AUM 187 positions Filed Jul 22, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 28 New 42 Added 59 Reduced 12 Exited
Page 2 of 10  ·  187 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BLDR BUILDERS FIRSTSOURCE INC Industrials 74,278.0 $6.6M 1.35% +15K +25.9% $89.48 -21.5%
22 ACA ARCOSA INC Industrials 45,166.0 $6.6M 1.33% $145.29 -0.0%
23 FIS FIDELITY NATL INFORMATION SV Technology 166,622.0 $6.5M 1.31% +11K +6.9% $38.88 +6.5%
24 WAY WAYSTAR HLDG CORP Technology 315,265.0 $6.5M 1.31% NEW $20.53 +23.5%
25 JNJ JOHNSON & JOHNSON Healthcare 25,121.0 $6.4M 1.29% -167.0 -0.7% $253.98 +7.5%
26 ZTS ZOETIS INC Healthcare 83,571.0 $6.0M 1.22% +48K +133.2% $71.86 +7.4%
27 ANIP ANI PHARMACEUTICALS INC Healthcare 71,990.0 $6.0M 1.21% -600.0 -0.8% $82.78 -10.4%
28 NPK INTERNATIONAL INC 343,930.0 $5.5M 1.11% -2K -0.6% $15.91
29 QCOM QUALCOMM INC Technology 28,075.0 $5.2M 1.05% -32K -53.4% $184.79 -14.2%
30 DHR DANAHER CORP DEL Healthcare 26,510.0 $5.0M 1.02% +3K +13.8% $190.48 +12.9%
31 CEF SPROTT ASSET MANAGEMENT LP Financial Services 120,075.0 $4.8M 0.98% $40.23 +17.4%
32 B BARRICK MNG CORP Basic Materials 130,434.0 $4.8M 0.97% +4K +3.5% $36.73 +31.1%
33 BERKSHIRE HATHAWAY INC DEL 9,473.0 $4.7M 0.96% -2K -16.0% $500.39
34 ZETA ZETA GLOBAL HOLDINGS CORP Technology 239,765.0 $4.7M 0.95% +8K +3.4% $19.68 +44.7%
35 SGOV ISHARES TR 45,615.0 $4.6M 0.93% NEW $100.67 -0.0%
36 DOC HEALTHPEAK PROPERTIES INC Real Estate 208,688.0 $4.5M 0.90% -37K -15.1% $21.40 +1.1%
37 ADMA ADMA BIOLOGICS INC Healthcare 532,353.0 $4.5M 0.90% -95K -15.2% $8.37 +14.1%
38 WTW WILLIS TOWERS WATSON PLC LTD Financial Services 16,415.0 $4.3M 0.87% -127.0 -0.8% $261.37 +34.2%
39 CB CHUBB LIMITED Financial Services 12,035.0 $4.1M 0.83% -350.0 -2.8% $340.75 +1.5%
40 GLD SPDR GOLD TR Financial Services 10,954.0 $4.0M 0.82% +291.0 +2.7% $368.38 +15.8%
Page 2 of 10  ·  187 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
Technology 26.0%
Financial Services 25.7%
Healthcare 14.6%
Energy 9.5%
Industrials 9.1%
Consumer Cyclical 6.2%
Real Estate 3.9%
Basic Materials 1.7%
Consumer Defensive 1.5%
Communication Services 1.4%