Arkolith/Funds/Marathon Capital Management

Marathon Capital Management

CIK 1213206
Holdings as of Jun 30, 2026·disclosed Jul 22, 2026·~22-day 13F lag·13F-HR
Active Filer

Marathon Capital Management holds a diversified book of 187 reported positions worth $493.9M as of Q2 2026 (disclosed Jul 22, 2026, a ~22-day 13F lag). This quarter Honeywell Aerospace Inc first appears in 13F filings, a listing rather than a purchase; they opened Waystar Holding Corp and trimmed T Rowe Price Group Inc. Their largest long position is T Rowe Price Group Inc at 13% of the reported non-option book. Cloning the disclosed picks since 2024 would be +28% (+14.3%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
27
bought for the first time
+24 more · largest first
1 newly reportable · first quarter we see the security in 13F filings, a listing not a purchase
Sold out
11
exited the position entirely
+8 more · largest first, by prior value

Growth of $10,000: cloning the disclosed book

If you'd copied them
+27.8%
+14.3%/yr · since Nov '24
Their reported book
+23.5%
held from quarter-end
S&P 500
+31.1%
same window
$8K$9K$11K$12K$13KNov '24Mar '25Aug '25Dec '25May '26Sep '26
Marathon Capital Management (copied at disclosure) S&P 500

Following at the filing date actually beat the quarter-end book by 4.3 points over this window.

Growth of $10,000 cloning Marathon Capital Management's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~22 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

How much sits in the biggest positions

Top-heavy: diversified book

Top 5 holdings
28%
Top 10 holdings
39%
Top 20 holdings
55%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Where the money is, by sector

91% mapped to company sectors

Financials
23%
Information Technology
18%
Health Care
12%
ETFs / funds
8%
Industrials
8%
Materials
8%
Energy
7%
Consumer Discretionary
6%

+5 sectors below the cut, 8% together

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis

Bought
Trimmed / exited
Newly reportable· first quarter we see the security in 13F filings · position value, not a trade

Funds with the most overlap

Other tracked managers holding the same core names as Marathon Capital Management

Manager / fundShared namesTheir $ in those
Evelyn Partners Group Ltd45 / 80$44.0B
Marest Capital, LLC10 / 80$174.0M
Independent Investors Inc20 / 80$417.9M
Ardent Capital Management, Inc.13 / 80$177.8M
Trust Asset Management LLC28 / 80$1.2B
Summa Corp.20 / 80$232.7M
AdviceOne Advisory Services, LLC15 / 80$128.2M
Outlook Capital Management, LLC11 / 80$222.8M

Ranked by the share of each fund's own book sitting in the names it shares with Marathon Capital Management: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each position's share of the portfolio. Click a row for its position history.

187 positions
#SecurityValueShares% PortLast moveHistory
1Price T Rowe Group Inc
COM
$66.0M580.3K
13.4%
−9.1%
Reduced · −58K sh
2Corning Inc
COM
$23.7M93.0K
4.8%
−12%
Reduced · −12K sh
3SPDR Series Trust
ST STR BLO 1 ETF
$19.3M210.8K
3.9%
+7.8%
Added · +15K sh
4Alphabet Inc
CAP STK CL C
$14.6M41.4K
3.0%
−2.0%
Reduced · −848 sh
5Amazon Com Inc
COM
$13.5M56.7K
2.7%
+1.7%
Added · +929 sh
6Apple Inc
COM
$12.3M42.7K
2.5%
−13%
Reduced · −6K sh
7AstraZeneca PLC
ORD
$12.3M64.8K
2.5%
−0.6%
Reduced · −398 sh
8Tetra Technologies Inc Del
COM
$10.9M962.2K
2.2%
−1.7%
Reduced · −17K sh
9Vanguard Whitehall FDS
INTL HIGH ETF
$10.3M104.8K
2.1%
+0.4%
Added · +457 sh
10Zscaler Inc
COM
$9.3M66.2K
1.9%
−0.3%
Reduced · −173 sh
11Microsoft Corp
COM
$8.9M23.9K
1.8%
+5.1%
Added · +1K sh
12International Business Machs
COM
$8.8M31.1K
1.8%
+0.6%
Added · +200 sh
13Metlife Inc
COM
$8.7M102.4K
1.8%
−0.5%
Reduced · −513 sh
14Ceco Environmental Corp
COM
$8.7M95.4K
1.8%
−2.9%
Reduced · −3K sh
15Almonty Inds Inc
COM NEW
$8.6M522.2K
1.8%
−1.3%
Reduced · −7K sh
16Allison Transmission Hldgs I
COM
$8.1M72.3K
1.6%
+0.1%
Added · +52 sh
17Diamondback Energy Inc
COM
$7.8M44.2K
1.6%
−7.9%
Reduced · −4K sh
18JPMorgan Chase & Co
COM
$6.9M21.2K
1.4%
+0.3%
Added · +54 sh
19Chevron Corporation
COM
$6.9M41.8K
1.4%
−15%
Reduced · −8K sh
20Realty Income Corp
COM
$6.9M111.5K
1.4%
−0.7%
Reduced · −818 sh
21Builders Firstsource Inc
COM
$6.6M74.3K
1.3%
+26%
Added · +15K sh
22Arcosa Inc
COM
$6.6M45.2K
1.3%
−0.3%
Reduced · −124 sh
23Fidelity Natl Information SV
COM
$6.5M166.6K
1.3%
+6.9%
Added · +11K sh
24Waystar Hldg Corp
COM
$6.5M315.3K
1.3%
New
New position
25Johnson & Johnson
COM
$6.4M25.1K
1.3%
−0.7%
Reduced · −167 sh
26Zoetis Inc
CL A
$6.0M83.6K
1.2%
+133%
Added · +48K sh
27Ani Pharmaceuticals Inc
COM
$6.0M72.0K
1.2%
−0.8%
Reduced · −600 sh
28NPK International Inc
COM SHS
$5.5M343.9K
1.1%
−0.6%
Reduced · −2K sh
29Qualcomm Inc
COM
$5.2M28.1K
1.1%
−53%
Reduced · −32K sh
30Danaher Corp Del
COM
$5.0M26.5K
1.0%
+14%
Added · +3K sh
31Sprott Asset Management LP
PHYSICAL GOLD AN
$4.8M120.1K
1.0%
−0.2%
Reduced · −300 sh
32Barrick MNG Corp
COM SHS
$4.8M130.4K
1.0%
+3.5%
Added · +4K sh
33Berkshire Hathaway Inc Del
CL B NEW
$4.7M9.5K
1.0%
−16%
Reduced · −2K sh
34Zeta Global Holdings Corp
CL A
$4.7M239.8K
1.0%
+3.4%
Added · +8K sh
35Ishares TR
0-3 MTH TREASURY
$4.6M45.6K
0.9%
New
New position
36Healthpeak Properties Inc
COM
$4.5M208.7K
0.9%
−15%
Reduced · −37K sh
37Adma Biologics Inc
COM
$4.5M532.4K
0.9%
−15%
Reduced · −95K sh
38Willis Towers Watson PLC Ltd
SHS
$4.3M16.4K
0.9%
−0.8%
Reduced · −127 sh
39Chubb Limited
COM
$4.1M12.0K
0.8%
−2.8%
Reduced · −350 sh
40SPDR Gold TR
GOLD SHS
$4.0M11.0K
0.8%
+2.7%
Added · +291 sh
41Novo-Nordisk A S
ADR
$3.7M78.1K
0.8%
−4.2%
Reduced · −3K sh
42Copa Holdings Sa
CL A
$3.7M23.5K
0.7%
−15%
Reduced · −4K sh
43Symbotic Inc
CLASS A COM
$3.1M69.8K
0.6%
+80%
Added · +31K sh
44Calix Inc
COM
$3.1M83.6K
0.6%
+2.2%
Added · +2K sh
45Micron Technology Inc
COM
$3.1M2.7K
0.6%
−45%
Reduced · −2K sh
46Merck & Co Inc
COM
$3.0M23.4K
0.6%
−1.4%
Reduced · −334 sh
47Eli Lilly & Co
COM
$3.0M2.5K
0.6%
−2.1%
Reduced · −53 sh
48Alphabet Inc
CAP STK CL A
$3.0M8.3K
0.6%
+15%
Added · +1K sh
49Enphase Energy Inc
COM
$2.8M57.1K
0.6%
−0.4%
Reduced · −240 sh
50Maxlinear Inc
COM
$2.6M20.0K
0.5%
−11%
Reduced · −3K sh
Showing 50 of 187 positions
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Filing history

As-of date vs the date the SEC received each filing

$493.9M · Q2 2026Q3 2024 · $412.5MQ2 2026 · $493.9M

Reported 13F total per quarter. Raw filing totals can include option notional.

QuarterAs ofFiledLagPositionsValueForm
Q2 2026Jun 30, 2026Jul 22, 202622d187$493.9M13F-HR
Q1 2026Mar 31, 2026May 14, 202644d171$445.2M13F-HR
Q4 2025Dec 31, 2025Jan 29, 202629d171$464.7M13F-HR
Q3 2025Sep 30, 2025Nov 14, 202545d163$437.0M13F-HR
Q2 2025Jun 30, 2025Aug 14, 202545d166$392.6M13F-HR
Q1 2025Mar 31, 2025May 15, 202545d158$375.5M13F-HR
Q4 2024Dec 31, 2024Feb 14, 202545d155$400.4M13F-HR
Q3 2024Sep 30, 2024Nov 14, 202445d154$412.5M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.