MARSHALL INVESTMENT MANAGEMENT, LLC Q3 2025 Filing
Filed November 14, 2025
Portfolio Value
$188.9B
Holdings
75
Report Date
Q3 2025
Filing Type
13F-HR
All Holdings (75 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | GQ9SPDR GOLD TR | 48,477 | $17.2B | 9.12% | |
| 2 | FFLGFIDELITY COVINGTON TRUST | 306,139 | $9.0B | 4.78% | |
| 3 | MSFTMICROSOFT CORP | 17,361 | $9.0B | 4.76% | |
| 4 | CGGRCAPITAL GROUP GROWTH ETF | 203,241 | $8.9B | 4.72% | |
| 5 | MFUSPIMCO EQUITY SER | 158,569 | $8.9B | 4.72% | |
| 6 | FMDEFIDELITY COVINGTON TRUST | 243,279 | $8.8B | 4.66% | |
| 7 | BRK/BBERKSHIRE HATHAWAY INC DEL | 17,366 | $8.7B | 4.62% | |
| 8 | SPYSPDR S&P 500 ETF TR | 10,583 | $7.0B | 3.73% | |
| 9 | AMZNAMAZON COM INC | 26,969 | $5.9B | 3.13% | |
| 10 | NVDANVIDIA CORPORATION | 25,973 | $4.8B | 2.57% | |
| 11 | RDVYFIRST TR EXCHANGE TRADED FD | 69,625 | $4.7B | 2.48% | |
| 12 | AAPLAPPLE INC | 18,096 | $4.6B | 2.44% | |
| 13 | JPMJPMORGAN CHASE & CO. | 14,366 | $4.5B | 2.40% | |
| 14 | GOOGALPHABET INC | 16,505 | $4.0B | 2.13% | |
| 15 | AIRRFIRST TR EXCHANGE TRADED FD | 37,531 | $3.6B | 1.92% | |
| 16 | ARKTARK ETF TR | 20,120 | $3.5B | 1.86% | |
| 17 | CRWDCROWDSTRIKE HLDGS INC | 7,133 | $3.5B | 1.85% | |
| 18 | FAIFIRST TR EXCHANGE TRADED FD | 52,785 | $3.3B | 1.73% | |
| 19 | METAMETA PLATFORMS INC | 4,366 | $3.2B | 1.70% | |
| 20 | SOXQINVESCO EXCH TRADED FD TR II | 56,979 | $2.9B | 1.51% | |
| 21 | FVDFIRST TR EXCHANGE-TRADED FD | 61,720 | $2.9B | 1.51% | |
| 22 | XARSPDR SERIES TRUST | 11,993 | $2.8B | 1.49% | |
| 23 | WMTWALMART INC | 26,491 | $2.7B | 1.45% | |
| 24 | FPEIFIRST TR EXCH TRADED FD III | 139,951 | $2.7B | 1.43% | |
| 25 | DUKDUKE ENERGY CORP NEW | 21,703 | $2.7B | 1.42% | |
| 26 | LLYELI LILLY & CO | 3,376 | $2.6B | 1.36% | |
| 27 | LITGLOBAL X FDS | 44,844 | $2.5B | 1.35% | |
| 28 | NLRVANECK ETF TRUST | 18,510 | $2.5B | 1.33% | |
| 29 | BACVERIZON COMMUNICATIONS INC | 56,669 | $2.5B | 1.32% | |
| 30 | FTCSFIRST TR EXCHANGE-TRADED FD | 25,533 | $2.4B | 1.27% | |
| 31 | QQEWFIRST TR EXCHANGE-TRADED FD | 16,204 | $2.3B | 1.21% | |
| 32 | XSMOINVESCO EXCHANGE TRADED FD T | 28,625 | $2.1B | 1.11% | |
| 33 | XLFSELECT SECTOR SPDR TR | 38,811 | $2.1B | 1.11% | |
| 34 | FDLFIRST TR EXCHANGE-TRADED FD | 46,160 | $2.0B | 1.06% | |
| 35 | BCCCGLOBAL X FDS | 40,492 | $1.9B | 1.02% | |
| 36 | TDIVFIRST TR EXCHANGE TRADED FD | 19,100 | $1.9B | 1.00% | |
| 37 | AMGNAMGEN INC | 6,457 | $1.8B | 0.96% | |
| 38 | JNJJOHNSON & JOHNSON | 9,150 | $1.7B | 0.90% | |
| 39 | XLISELECT SECTOR SPDR TR | 10,745 | $1.7B | 0.88% | |
| 40 | SDVYFIRST TR EXCHANGE-TRADED FD | 42,097 | $1.6B | 0.85% | |
| 41 | VOOVANGUARD INDEX FDS | 2,341 | $1.4B | 0.76% | |
| 42 | EIPXFIRST TR EXCHANGE-TRADED FD | 46,793 | $1.2B | 0.65% | |
| 43 | XLUSELECT SECTOR SPDR TR | 13,476 | $1.2B | 0.62% | |
| 44 | ARKXARK ETF TR | 33,730 | $963.0M | 0.51% | |
| 45 | CIBRFIRST TR EXCHANGE TRADED FD | 11,812 | $897.8M | 0.48% | |
| 46 | JHMMJOHN HANCOCK EXCHANGE TRADED | 13,832 | $894.8M | 0.47% | |
| 47 | FIWFIRST TR EXCHANGE-TRADED FD | 7,542 | $847.3M | 0.45% | |
| 48 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 2,325 | $649.3M | 0.34% | |
| 49 | MPLXMPLX LP | 10,528 | $525.9M | 0.28% | |
| 50 | RDVIFIRST TR EXCHANGE-TRADED FD | 20,090 | $519.3M | 0.27% | |
| 51 | WECWEC ENERGY GROUP INC | 4,409 | $505.2M | 0.27% | |
| 52 | JGROJ P MORGAN EXCHANGE TRADED F | 5,167 | $484.4M | 0.26% | |
| 53 | VOOVVANGUARD ADMIRAL FDS INC | 2,415 | $481.7M | 0.25% | |
| 54 | KIESPDR SERIES TRUST | 7,940 | $471.0M | 0.25% | |
| 55 | VUGVANGUARD INDEX FDS | 940 | $450.8M | 0.24% | |
| 56 | SCHGSCHWAB STRATEGIC TR | 13,797 | $440.3M | 0.23% | |
| 57 | FUTYFIDELITY COVINGTON TRUST | 7,545 | $426.1M | 0.23% | |
| 58 | LMTLOCKHEED MARTIN CORP | 836 | $417.1M | 0.22% | |
| 59 | FTHIFIRST TR EXCHANGE TRADED FD | 16,716 | $396.3M | 0.21% | |
| 60 | FTQIFIRST TR EXCHANGE TRADED FD | 18,445 | $380.0M | 0.20% | |
| 61 | EMLPFIRST TR EXCHANGE-TRADED FD | 8,735 | $334.5M | 0.18% | |
| 62 | PPAINVESCO EXCHANGE TRADED FD T | 1,932 | $300.3M | 0.16% | |
| 63 | FMBFIRST TR EXCH TRADED FD III | 5,536 | $280.7M | 0.15% | |
| 64 | CVSCVS HEALTH CORP | 3,705 | $279.3M | 0.15% | |
| 65 | VVISA INC | 758 | $258.8M | 0.14% | |
| 66 | AVGOBROADCOM INC | 744 | $245.5M | 0.13% | |
| 67 | HYXFISHARES TR | 5,156 | $244.8M | 0.13% | |
| 68 | ARKKARK ETF TR | 2,732 | $235.8M | 0.12% | |
| 69 | GSGOLDMAN SACHS GROUP INC | 285 | $226.8M | 0.12% | |
| 70 | RTXRTX CORPORATION | 1,334 | $223.2M | 0.12% | |
| 71 | PLTRPALANTIR TECHNOLOGIES INC | 1,221 | $222.7M | 0.12% | |
| 72 | NUDMNUSHARES ETF TR | 5,807 | $218.5M | 0.12% | |
| 73 | VMCVULCAN MATLS CO | 701 | $215.7M | 0.11% | |
| 74 | FNXFIRST TR EXCHANGE-TRADED ALP | 1,660 | $208.1M | 0.11% | |
| 75 | VEAVANGUARD TAX-MANAGED FDS | 3,444 | $206.4M | 0.11% |