MARSHALL INVESTMENT MANAGEMENT, LLC Q4 2025 Filing
Filed February 9, 2026
Portfolio Value
$199.1M
Holdings
76
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (76 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | GQ9SPDR GOLD TR | 48,412 | $19.2M | 9.64% | |
| 2 | BRK/BBERKSHIRE HATHAWAY INC DEL | 18,403 | $9.3M | 4.65% | |
| 3 | MSFTMICROSOFT CORP | 18,568 | $9.0M | 4.51% | |
| 4 | FMDEFIDELITY COVINGTON TRUST | 240,065 | $8.7M | 4.39% | |
| 5 | MFUSPIMCO EQUITY SER | 153,634 | $8.7M | 4.37% | |
| 6 | CGGRCAPITAL GROUP GROWTH ETF | 194,848 | $8.7M | 4.35% | |
| 7 | FFLGFIDELITY COVINGTON TRUST | 287,597 | $8.6M | 4.32% | |
| 8 | AMZNAMAZON COM INC | 29,679 | $6.8M | 3.44% | |
| 9 | SPYSPDR S&P 500 ETF TR | 7,703 | $5.3M | 2.64% | |
| 10 | AAPLAPPLE INC | 18,932 | $5.1M | 2.58% | |
| 11 | GOOGALPHABET INC | 16,365 | $5.1M | 2.58% | |
| 12 | JPMJPMORGAN CHASE & CO. | 15,452 | $5.0M | 2.50% | |
| 13 | NVDANVIDIA CORPORATION | 25,891 | $4.8M | 2.43% | |
| 14 | RDVYFIRST TR EXCHANGE TRADED FD | 66,969 | $4.7M | 2.34% | |
| 15 | MFSBMFS ACTIVE EXCHANGE TRADED F | 175,374 | $4.4M | 2.22% | |
| 16 | LLYELI LILLY & CO | 3,783 | $4.1M | 2.04% | |
| 17 | AIRRFIRST TR EXCHANGE TRADED FD | 36,076 | $3.5M | 1.78% | |
| 18 | CRWDCROWDSTRIKE HLDGS INC | 7,558 | $3.5M | 1.78% | |
| 19 | METAMETA PLATFORMS INC | 4,975 | $3.3M | 1.65% | |
| 20 | WMTWALMART INC | 29,303 | $3.3M | 1.64% | |
| 21 | DUKDUKE ENERGY CORP NEW | 24,595 | $2.9M | 1.45% | |
| 22 | FAIFIRST TR EXCHANGE TRADED FD | 44,964 | $2.8M | 1.42% | |
| 23 | ARKTARK ETF TR | 19,091 | $2.8M | 1.42% | |
| 24 | FPEIFIRST TR EXCH TRADED FD III | 143,914 | $2.8M | 1.40% | |
| 25 | XARSPDR SERIES TRUST | 11,551 | $2.8M | 1.40% | |
| 26 | BACVERIZON COMMUNICATIONS INC | 66,228 | $2.7M | 1.35% | |
| 27 | FVDFIRST TR EXCHANGE-TRADED FD | 56,735 | $2.6M | 1.31% | |
| 28 | SOXQINVESCO EXCH TRADED FD TR II | 46,781 | $2.6M | 1.31% | |
| 29 | AMGNAMGEN INC | 7,434 | $2.4M | 1.22% | |
| 30 | LITGLOBAL X FDS | 35,378 | $2.3M | 1.15% | |
| 31 | FTCSFIRST TR EXCHANGE-TRADED FD | 24,397 | $2.3M | 1.13% | |
| 32 | NLRVANECK ETF TRUST | 17,008 | $2.1M | 1.06% | |
| 33 | JNJJOHNSON & JOHNSON | 9,836 | $2.0M | 1.02% | |
| 34 | FDLFIRST TR EXCHANGE-TRADED FD | 45,846 | $2.0M | 1.02% | |
| 35 | BCCCGLOBAL X FDS | 41,383 | $2.0M | 0.99% | |
| 36 | XSMOINVESCO EXCHANGE TRADED FD T | 27,266 | $2.0M | 0.99% | |
| 37 | QQEWFIRST TR EXCHANGE-TRADED FD | 13,162 | $1.9M | 0.94% | |
| 38 | TDIVFIRST TR EXCHANGE TRADED FD | 19,087 | $1.8M | 0.93% | |
| 39 | CIBRFIRST TR EXCHANGE TRADED FD | 25,354 | $1.8M | 0.91% | |
| 40 | XLISELECT SECTOR SPDR TR | 10,831 | $1.7M | 0.84% | |
| 41 | SDVYFIRST TR EXCHANGE-TRADED FD | 40,112 | $1.5M | 0.77% | |
| 42 | VOOVANGUARD INDEX FDS | 2,289 | $1.4M | 0.72% | |
| 43 | FTXHFIRST TR EXCHANGE TRADED FD | 41,809 | $1.4M | 0.69% | |
| 44 | GRIDFIRST TR EXCHANGE TRADED FD | 8,818 | $1.3M | 0.68% | |
| 45 | EIPXFIRST TR EXCHANGE-TRADED FD | 47,651 | $1.3M | 0.63% | |
| 46 | XLUSELECT SECTOR SPDR TR | 26,762 | $1.1M | 0.57% | |
| 47 | ARKXARK ETF TR | 34,671 | $1.0M | 0.50% | |
| 48 | ROBTFIRST TR EXCHANGE TRADED FD | 18,856 | $977K | 0.49% | |
| 49 | JHMMJOHN HANCOCK EXCHANGE TRADED | 13,823 | $905K | 0.45% | |
| 50 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 2,573 | $781K | 0.39% | |
| 51 | XMESPDR SERIES TRUST | 6,695 | $693K | 0.35% | |
| 52 | FIWFIRST TR EXCHANGE-TRADED FD | 6,223 | $676K | 0.34% | |
| 53 | RDVIFIRST TR EXCHANGE-TRADED FD | 22,820 | $598K | 0.30% | |
| 54 | MPLXMPLX LP | 10,528 | $561K | 0.28% | |
| 55 | JGROJ P MORGAN EXCHANGE TRADED F | 5,507 | $511K | 0.26% | |
| 56 | FUTYFIDELITY COVINGTON TRUST | 8,612 | $475K | 0.24% | |
| 57 | WECWEC ENERGY GROUP INC | 4,444 | $468K | 0.24% | |
| 58 | FTQIFIRST TR EXCHANGE TRADED FD | 21,945 | $456K | 0.23% | |
| 59 | VUGVANGUARD INDEX FDS | 925 | $451K | 0.23% | |
| 60 | SCHGSCHWAB STRATEGIC TR | 13,659 | $445K | 0.22% | |
| 61 | FTHIFIRST TR EXCHANGE TRADED FD | 18,447 | $435K | 0.22% | |
| 62 | VOOVVANGUARD ADMIRAL FDS INC | 2,033 | $416K | 0.21% | |
| 63 | LMTLOCKHEED MARTIN CORP | 836 | $404K | 0.20% | |
| 64 | BIVVANGUARD BD INDEX FDS | 3,931 | $306K | 0.15% | |
| 65 | VVISA INC | 871 | $305K | 0.15% | |
| 66 | CVSCVS HEALTH CORP | 3,705 | $294K | 0.15% | |
| 67 | AVGOBROADCOM INC | 834 | $288K | 0.14% | |
| 68 | HYXFISHARES TR | 5,545 | $262K | 0.13% | |
| 69 | EMLPFIRST TR EXCHANGE-TRADED FD | 6,780 | $256K | 0.13% | |
| 70 | PPAINVESCO EXCHANGE TRADED FD T | 1,610 | $252K | 0.13% | |
| 71 | RTXRTX CORPORATION | 1,344 | $246K | 0.12% | |
| 72 | NUDMNUSHARES ETF TR | 6,170 | $223K | 0.11% | |
| 73 | GSGOLDMAN SACHS GROUP INC | 254 | $223K | 0.11% | |
| 74 | ARKKARK ETF TR | 2,744 | $211K | 0.11% | |
| 75 | VEAVANGUARD TAX-MANAGED FDS | 3,338 | $208K | 0.10% | |
| 76 | VMCVULCAN MATLS CO | 702 | $200K | 0.10% |