MARATHON CAPITAL MANAGEMENT Q4 2025 Filing

Filed January 29, 2026

Portfolio Value

$464.7M

Holdings

171

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (171 positions)

#StockSharesValue% PortfolioType
1
TROWPRICE T ROWE GROUP INC
653,125$66.9M14.39%
2
GLWCORNING INC
185,415$16.2M3.49%
3
BILSPDR SERIES TRUST
161,415$14.8M3.17%
4
AZNASTRAZENECA PLC
157,747$14.5M3.12%
5
GOOGALPHABET INC
43,155$13.5M2.91%
6
AAPLAPPLE INC
48,820$13.3M2.86%
7
TTITETRA TECHNOLOGIES INC DEL
1,191,195$11.2M2.40%
8
MSFTMICROSOFT CORP
22,942$11.1M2.39%
9
QCOMQUALCOMM INC
60,104$10.3M2.21%
10
FANGDIAMONDBACK ENERGY INC
62,678$9.4M2.03%
11
IBMINTERNATIONAL BUSINESS MACHS
31,648$9.4M2.02%
12
VYMIVANGUARD WHITEHALL FDS
104,027$9.4M2.01%
13
CVXCHEVRON CORP NEW
58,759$9.0M1.93%
14
ADMAADMA BIOLOGICS INC
465,315$8.5M1.83%
15
METMETLIFE INC
103,653$8.2M1.76%
16
ALSNALLISON TRANSMISSION HLDGS I
74,458$7.3M1.57%
17
AMZNAMAZON COM INC
30,257$7.0M1.50%
18
JPMJPMORGAN CHASE & CO.
21,199$6.8M1.47%
19
OREALTY INCOME CORP
113,208$6.4M1.37%
20
CPACOPA HOLDINGS SA
51,553$6.2M1.34%
21
BLDRBUILDERS FIRSTSOURCE INC
59,153$6.1M1.31%
22
CECOCECO ENVIRONMENTAL CORP
101,685$6.1M1.31%
23
FISFIDELITY NATL INFORMATION SV
88,868$5.9M1.27%
24
CEF/USPROTT ASSET MANAGEMENT LP
125,100$5.7M1.23%
25
BRK/BBERKSHIRE HATHAWAY INC DEL
11,319$5.7M1.22%
26
BBARRICK MNG CORP
129,825$5.7M1.22%
27
BSFAANI PHARMACEUTICALS INC
69,665$5.5M1.18%
28
WTWWILLIS TOWERS WATSON PLC LTD
16,580$5.4M1.17%
29
JNJJOHNSON & JOHNSON
26,186$5.4M1.17%
30
DHRDANAHER CORPORATION
23,039$5.3M1.13%
31
AIIALMONTY INDS INC
593,515$5.2M1.13%
32
ACAARCOSA INC
47,525$5.1M1.09%
33
ADBEADOBE INC
13,081$4.6M0.99%
34
ZETAZETA GLOBAL HOLDINGS CORP
221,905$4.5M0.97%
35
ZTSZOETIS INC
35,150$4.4M0.95%
36
GQ9SPDR GOLD TR
10,988$4.4M0.94%
37
CALXCALIX INC
80,585$4.3M0.92%
38
NPKINPK INTERNATIONAL INC
357,390$4.3M0.92%
39
NVONOVO-NORDISK A S
82,705$4.2M0.91%
40
ATECALPHATEC HLDGS INC
198,900$4.2M0.90%
41
DOCHEALTHPEAK PROPERTIES INC
247,542$4.0M0.86%
42
CBCHUBB LIMITED
12,740$4.0M0.86%
43
MRKMERCK & CO INC
33,665$3.5M0.76%
44
ARCCARES CAPITAL CORP
164,845$3.3M0.72%
45
PARPAR TECHNOLOGY CORP
76,835$2.8M0.60%
46
LLYELI LILLY & CO
2,548$2.7M0.59%
47
GOOGLALPHABET INC
7,835$2.5M0.53%
48
MUMICRON TECHNOLOGY INC
8,295$2.4M0.51%
49
SYMSYMBOTIC INC
39,570$2.4M0.51%
50
PGPROCTER AND GAMBLE CO
16,293$2.3M0.50%
51
SLBSLB LIMITED
58,735$2.3M0.49%
52
TRGPTARGA RES CORP
11,750$2.2M0.47%
53
DARDARLING INGREDIENTS INC
55,775$2.0M0.43%
54
SPYSPDR S&P 500 ETF TR
2,851$1.9M0.42%
55
ENPHENPHASE ENERGY INC
57,188$1.8M0.39%
56
GDXVANECK ETF TRUST
18,861$1.6M0.35%
57
ABBVABBVIE INC
6,957$1.6M0.34%
58
LMTLOCKHEED MARTIN CORP
2,885$1.4M0.30%
59
SELFGLOBAL SELF STORAGE INC
261,151$1.3M0.29%
60
EXEEXPAND ENERGY CORPORATION
11,911$1.3M0.28%
61
WFC 7.5 PERP LWELLS FARGO CO NEW
1,034$1.3M0.27%
62
CINFCINCINNATI FINL CORP
7,513$1.2M0.26%
63
BACVERIZON COMMUNICATIONS INC
29,929$1.2M0.26%
64
KOCOCA COLA CO
17,327$1.2M0.26%
65
HDSNHUDSON TECHNOLOGIES INC
175,325$1.2M0.26%
66
XOMEXXON MOBIL CORP
9,808$1.2M0.25%
67
WYWEYERHAEUSER CO MTN BE
49,548$1.2M0.25%
68
NVDANVIDIA CORPORATION
5,960$1.1M0.24%
69
AMDADVANCED MICRO DEVICES INC
5,149$1.1M0.24%
70
HONHONEYWELL INTL INC
5,610$1.1M0.24%
71
KRNTKORNIT DIGITAL LTD
72,405$1.0M0.22%
72
ARANTERO RESOURCES CORP
30,000$1.0M0.22%
73
AMPLAMPLITUDE INC
88,600$1.0M0.22%
74
GEHCGE HEALTHCARE TECHNOLOGIES I
12,055$988K0.21%
75
PEPPEPSICO INC
6,371$914K0.20%
76
RTXRTX CORPORATION
4,957$909K0.20%
77
GEGE AEROSPACE
2,945$907K0.20%
78
RGLDROYAL GOLD INC
4,080$906K0.19%
79
ENBENBRIDGE INC
18,575$888K0.19%
80
LANDGLADSTONE LD CORP
95,628$875K0.19%
81
AMGNAMGEN INC
2,592$848K0.18%
82
CYRXCRYOPORT INC
87,225$837K0.18%
83
ALSALLSTATE CORP
3,923$816K0.18%
84
SLVISHARES SILVER TR
12,525$806K0.17%
85
LOWLOWES COS INC
3,249$783K0.17%
86
SANMSANMINA CORPORATION
5,000$750K0.16%
87
LSCCLATTICE SEMICONDUCTOR CORP
10,100$743K0.16%
88
BF/BBROWN FORMAN CORP
28,006$729K0.16%
89
HDHOME DEPOT INC
2,079$715K0.15%
90
SMRNUSCALE PWR CORP
50,000$708K0.15%
91
PLDPROLOGIS INC.
5,250$670K0.14%
92
MCDMCDONALDS CORP
2,150$657K0.14%
93
TMOTHERMO FISHER SCIENTIFIC INC
1,127$653K0.14%
94
PNCPNC FINL SVCS GROUP INC
3,077$642K0.14%
95
FCNCAFIRST CTZNS BANCSHARES INC D
295$633K0.14%
96
EOGEOG RES INC
5,791$608K0.13%
97
RXRXRECURSION PHARMACEUTICALS IN
144,595$591K0.13%
98
MYCGSSGA ACTIVE TR
23,595$590K0.13%
99
ABTABBOTT LABS
4,705$589K0.13%
100
SOSOUTHERN CO
6,600$575K0.12%
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