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Portfolio (Quarterly) Guide ↗

Marnell Management LLC

· CIK 0001852314
13F Portfolio $206M AUM Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 62 New
Page 2 of 4  ·  62 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 SHW SHERWIN WILLIAMS CO Basic Materials 8,864.0 $2.9M 1.39% NEW $324.03 -3.9%
22 GLD SPDR GOLD TR Financial Services 6,700.0 $2.7M 1.29% NEW $396.31 +4.5%
23 ALX ALEXANDERS INC Real Estate 12,040.0 $2.6M 1.27% NEW $217.94 +15.7%
24 FRO FRONTLINE PLC Energy 109,319.0 $2.4M 1.16% NEW $21.82 +67.6%
25 TLN TALEN ENERGY CORP Utilities 5,760.0 $2.2M 1.05% NEW $374.84 +3.8%
26 HAFN HAFNIA LTD Industrials 404,306.0 $2.2M 1.04% NEW $5.33 +56.7%
27 EXP EAGLE MATLS INC Basic Materials 9,050.0 $1.9M 0.91% NEW $206.68 -0.1%
28 DHT DHT HOLDINGS INC Energy 146,793.0 $1.8M 0.87% NEW $12.21 +42.5%
29 CMB.TECH NV 184,253.0 $1.8M 0.86% NEW $9.65
30 NLOP NET LEASE OFFICE PROPERTIES Real Estate 68,027.0 $1.8M 0.85% NEW $25.79 -53.4%
31 NUE PUT NUCOR CORP Basic Materials 10,000.0 $1.6M 0.79% NEW $163.11 +47.3%
32 STNG SCORPIO TANKERS INC Energy 28,044.0 $1.4M 0.69% NEW $50.83 +58.1%
33 TNK TEEKAY TANKERS LTD Energy 23,073.0 $1.2M 0.60% NEW $53.42 +41.4%
34 RIG TRANSOCEAN LTD Energy 289,877.0 $1.2M 0.58% NEW $4.13 +56.9%
35 KKR KKR & CO INC Financial Services 9,100.0 $1.2M 0.56% NEW $127.48 -25.5%
36 AMR ALPHA METALLURGICAL RESOUR I Energy 5,584.0 $1.1M 0.54% NEW $199.88 -3.5%
37 OLN OLIN CORP Basic Materials 45,700.0 $952K 0.46% NEW $20.83 +25.4%
38 VAL VALARIS LTD Energy 18,647.0 $940K 0.46% NEW $50.40 +91.1%
39 SATS ECHOSTAR CORP Technology 8,600.0 $935K 0.45% NEW $108.70 +13.3%
40 WLK WESTLAKE CORPORATION Basic Materials 11,700.0 $865K 0.42% NEW $73.94 +19.8%
Page 2 of 4  ·  62 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
Energy 32.2%
Industrials 20.2%
Real Estate 14.3%
Financial Services 12.3%
Basic Materials 11.7%
Consumer Cyclical 4.0%
Technology 3.5%
Utilities 1.8%