Marathon Capital Management as of Sept. 30, 2025
Portfolio Holdings for Marathon Capital Management
Marathon Capital Management holds 163 positions in its portfolio as reported in the September 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| T. Rowe Price (TROW) | 16.1 | $70M | 685k | 102.64 | |
| Corning Incorporated (GLW) | 3.6 | $16M | 194k | 82.03 | |
| Apple (AAPL) | 3.0 | $13M | 51k | 254.63 | |
| Astrazeneca Sponsored Adr (AZN) | 2.8 | $12M | 161k | 76.72 | |
| Microsoft Corporation (MSFT) | 2.8 | $12M | 24k | 517.94 | |
| Spdr Series Trust Bloomberg 1-3 Mo (BIL) | 2.6 | $11M | 123k | 91.75 | |
| Alphabet Cap Stk Cl C (GOOG) | 2.5 | $11M | 44k | 243.55 | |
| Qualcomm (QCOM) | 2.3 | $10M | 60k | 166.36 | |
| Chevron Corporation (CVX) | 2.1 | $9.3M | 60k | 155.29 | |
| International Business Machines (IBM) | 2.0 | $8.9M | 32k | 282.16 | |
| Diamondback Energy (FANG) | 2.0 | $8.8M | 62k | 143.10 | |
| MetLife (MET) | 2.0 | $8.6M | 105k | 82.37 | |
| Vanguard Whitehall Fds Intl High Etf (VYMI) | 2.0 | $8.6M | 102k | 84.68 | |
| Copa Holdings Sa Cl A (CPA) | 1.9 | $8.5M | 71k | 118.82 | |
| TETRA Technologies (TTI) | 1.7 | $7.3M | 1.3M | 5.75 | |
| Builders FirstSource (BLDR) | 1.6 | $7.0M | 58k | 121.25 | |
| Realty Income (O) | 1.6 | $7.0M | 114k | 60.79 | |
| Adma Biologics (ADMA) | 1.6 | $6.8M | 467k | 14.66 | |
| JPMorgan Chase & Co. (JPM) | 1.5 | $6.7M | 21k | 315.42 | |
| Amazon (AMZN) | 1.5 | $6.6M | 30k | 219.57 | |
| Allison Transmission Hldngs I (ALSN) | 1.5 | $6.4M | 75k | 84.88 | |
| Biosante Pharmaceuticals (ANIP) | 1.5 | $6.4M | 70k | 91.60 | |
| Fidelity National Information Services (FIS) | 1.4 | $6.0M | 91k | 65.94 | |
| Willis Towers Watson SHS (WTW) | 1.3 | $5.8M | 17k | 345.45 | |
| Berkshire Hathaway Inc Del Cl B New (BRK.B) | 1.3 | $5.7M | 11k | 502.74 | |
| Johnson & Johnson (JNJ) | 1.2 | $5.3M | 29k | 185.42 | |
| CECO Environmental (CECO) | 1.2 | $5.2M | 102k | 51.20 | |
| Peak (DOC) | 1.1 | $5.0M | 260k | 19.15 | |
| Calix (CALX) | 1.1 | $4.9M | 80k | 61.37 | |
| Danaher Corporation (DHR) | 1.1 | $4.6M | 23k | 198.26 | |
| Schlumberger Com Stk (SLB) | 1.1 | $4.6M | 135k | 34.37 | |
| Sprott Asset Management Physical Gold An (CEF) | 1.1 | $4.6M | 126k | 36.69 | |
| Barrick Mng Corp Com Shs (B) | 1.0 | $4.4M | 136k | 32.77 | |
| Arcosa (ACA) | 1.0 | $4.4M | 47k | 93.71 | |
| Adobe Systems Incorporated (ADBE) | 1.0 | $4.4M | 13k | 352.75 | |
| Npk International Com Shs (NPKI) | 1.0 | $4.4M | 388k | 11.31 | |
| Zeta Global Holdings Corp Cl A (ZETA) | 1.0 | $4.3M | 219k | 19.87 | |
| Spdr Gold Tr Gold Shs (GLD) | 0.9 | $4.0M | 11k | 355.47 | |
| Chubb (CB) | 0.8 | $3.6M | 13k | 282.25 | |
| Ares Capital Corporation (ARCC) | 0.7 | $3.2M | 158k | 20.41 | |
| Novo-nordisk A S Adr (NVO) | 0.7 | $3.2M | 58k | 55.49 | |
| Alphatec Hldgs Com New (ATEC) | 0.7 | $2.9M | 201k | 14.54 | |
| Merck & Co (MRK) | 0.7 | $2.9M | 34k | 83.93 | |
| PAR Technology Corporation (PAR) | 0.6 | $2.7M | 68k | 39.58 | |
| Procter & Gamble Company (PG) | 0.6 | $2.6M | 17k | 153.65 | |
| Symbotic Class A Com (SYM) | 0.5 | $2.1M | 40k | 53.90 | |
| 4068594 Enphase Energy (ENPH) | 0.5 | $2.1M | 58k | 35.39 | |
| Eli Lilly & Co. (LLY) | 0.5 | $2.0M | 2.6k | 763.00 | |
| Targa Res Corp (TRGP) | 0.5 | $2.0M | 12k | 167.54 | |
| Hudson Technologies (HDSN) | 0.4 | $1.9M | 195k | 9.93 | |
| Alphabet Cap Stk Cl A (GOOGL) | 0.4 | $1.8M | 7.3k | 243.10 | |
| Darling International (DAR) | 0.4 | $1.7M | 55k | 30.87 | |
| Weyerhaeuser Co Mtn Be Com New (WY) | 0.4 | $1.7M | 68k | 24.79 | |
| Micron Technology (MU) | 0.4 | $1.6M | 9.7k | 167.32 | |
| Vaneck Etf Trust Gold Miners Etf (GDX) | 0.4 | $1.5M | 20k | 76.40 | |
| Almonty Inds Com New | 0.3 | $1.5M | 250k | 6.03 | |
| Global Self Storage (SELF) | 0.3 | $1.5M | 296k | 5.03 | |
| Bank America Corp 7.25%CNV PFD L (BAC.PL) | 0.3 | $1.5M | 1.1k | 1280.00 | |
| Abbvie (ABBV) | 0.3 | $1.5M | 6.3k | 231.54 | |
| Wells Fargo Perp Pfd Cnv A (WFC.PL) | 0.3 | $1.3M | 1.0k | 1234.29 | |
| Verizon Communications (VZ) | 0.3 | $1.3M | 29k | 43.95 | |
| Kornit Digital SHS (KRNT) | 0.3 | $1.2M | 92k | 13.50 | |
| Chesapeake Energy Corp (EXE) | 0.3 | $1.2M | 12k | 106.24 | |
| Honeywell International (HON) | 0.3 | $1.2M | 5.7k | 210.50 | |
| Cincinnati Financial Corporation (CINF) | 0.3 | $1.2M | 7.5k | 158.09 | |
| Coca-Cola Company (KO) | 0.3 | $1.2M | 17k | 66.32 | |
| NVIDIA Corporation (NVDA) | 0.3 | $1.1M | 6.1k | 186.58 | |
| Exxon Mobil Corporation (XOM) | 0.3 | $1.1M | 10k | 112.75 | |
| Gladstone Ld (LAND) | 0.3 | $1.1M | 120k | 9.16 | |
| Cryoport Com Par $0.001 (CYRX) | 0.2 | $1.0M | 110k | 9.48 | |
| Antero Res (AR) | 0.2 | $1.0M | 30k | 33.56 | |
| Spdr S&p 500 Etf Tr Tr Unit (SPY) | 0.2 | $956k | 1.4k | 666.18 | |
| Ge Healthcare Technologies I Common Stock (GEHC) | 0.2 | $905k | 12k | 75.10 | |
| Pepsi (PEP) | 0.2 | $895k | 6.4k | 140.44 | |
| Enbridge (ENB) | 0.2 | $887k | 18k | 50.46 | |
| Ge Aerospace Com New (GE) | 0.2 | $886k | 2.9k | 300.82 | |
| Hillman Solutions Corp (HLMN) | 0.2 | $857k | 93k | 9.18 | |
| Allstate Corporation (ALL) | 0.2 | $847k | 3.9k | 214.65 | |
| Advanced Micro Devices (AMD) | 0.2 | $833k | 5.1k | 161.79 | |
| Raytheon Technologies Corp (RTX) | 0.2 | $829k | 5.0k | 167.31 | |
| Lowe's Companies (LOW) | 0.2 | $823k | 3.3k | 251.31 | |
| Royal Gold (RGLD) | 0.2 | $821k | 4.1k | 200.58 | |
| Home Depot (HD) | 0.2 | $761k | 1.9k | 405.19 | |
| Lattice Semiconductor (LSCC) | 0.2 | $741k | 10k | 73.32 | |
| Brown Forman Corp CL B (BF.B) | 0.2 | $732k | 27k | 27.08 | |
| Recursion Pharmaceuticals In Cl A (RXRX) | 0.2 | $683k | 140k | 4.88 | |
| McDonald's Corporation (MCD) | 0.1 | $653k | 2.2k | 303.89 | |
| Abbott Laboratories (ABT) | 0.1 | $637k | 4.8k | 133.94 | |
| Eaton Corp SHS (ETN) | 0.1 | $634k | 1.7k | 374.25 | |
| PNC Financial Services (PNC) | 0.1 | $618k | 3.1k | 200.93 | |
| Ssga Active Tr Spdr Ssga My2027 (MYCG) | 0.1 | $608k | 24k | 25.10 | |
| Prologis (PLD) | 0.1 | $601k | 5.3k | 114.52 | |
| Sanmina (SANM) | 0.1 | $576k | 5.0k | 115.11 | |
| Clear Secure Com Cl A (YOU) | 0.1 | $568k | 17k | 33.38 | |
| Thermo Fisher Scientific (TMO) | 0.1 | $547k | 1.1k | 485.02 | |
| Ishares Silver Tr Ishares (SLV) | 0.1 | $538k | 13k | 42.37 | |
| First Ctzns Bancshares Inc D Cl A (FCNCA) | 0.1 | $528k | 295.00 | 1789.16 | |
| Ssga Active Tr Spdr Ssga My2026 (MYCF) | 0.1 | $512k | 20k | 25.13 | |
| Cisco Systems (CSCO) | 0.1 | $497k | 7.3k | 68.42 | |
| Potlatch Corporation (PCH) | 0.1 | $490k | 12k | 40.75 | |
| CSX Corporation (CSX) | 0.1 | $481k | 14k | 35.51 | |
| Broadcom (AVGO) | 0.1 | $480k | 1.5k | 329.91 | |
| Taylor Morrison Hom (TMHC) | 0.1 | $462k | 7.0k | 66.01 | |
| Getty Realty (GTY) | 0.1 | $438k | 16k | 26.83 | |
| Rio Tinto Sponsored Adr (RIO) | 0.1 | $437k | 6.6k | 66.01 | |
| Pfizer (PFE) | 0.1 | $434k | 17k | 25.48 | |
| Corebridge Finl (CRBG) | 0.1 | $429k | 13k | 32.05 | |
| Starbucks Corporation (SBUX) | 0.1 | $418k | 4.9k | 84.60 | |
| Ishares Tr Ishares Biotech (IBB) | 0.1 | $406k | 2.8k | 144.37 | |
| Stryker Corporation (SYK) | 0.1 | $400k | 1.1k | 369.67 | |
| Duke Energy Corp Com New (DUK) | 0.1 | $391k | 3.2k | 123.75 | |
| Bristol Myers Squibb (BMY) | 0.1 | $386k | 8.6k | 45.10 | |
| MaxLinear (MXL) | 0.1 | $362k | 23k | 16.08 | |
| Newmont Mining Corporation (NEM) | 0.1 | $358k | 4.2k | 84.31 | |
| Civitas Resources Com New (CIVI) | 0.1 | $328k | 10k | 32.50 | |
| Marathon Petroleum Corp (MPC) | 0.1 | $328k | 1.7k | 192.74 | |
| Dentsply Sirona (XRAY) | 0.1 | $325k | 26k | 12.69 | |
| Cnx Resources Corporation (CNX) | 0.1 | $321k | 10k | 32.12 | |
| Amgen (AMGN) | 0.1 | $321k | 1.1k | 282.20 | |
| Oneok (OKE) | 0.1 | $314k | 4.3k | 72.97 | |
| Walt Disney Company (DIS) | 0.1 | $312k | 2.7k | 114.50 | |
| Anthem (ELV) | 0.1 | $307k | 949.00 | 323.12 | |
| Nabors Industries SHS (NBR) | 0.1 | $307k | 7.5k | 40.87 | |
| Capital One Financial (COF) | 0.1 | $300k | 1.4k | 212.58 | |
| Ea Series Trust Bushido Cap U S (SMRI) | 0.1 | $295k | 8.5k | 34.63 | |
| F.N.B. Corporation (FNB) | 0.1 | $290k | 18k | 16.11 | |
| RBB Motley Fol Etf (TMFC) | 0.1 | $282k | 4.0k | 70.53 | |
| Emerson Electric (EMR) | 0.1 | $271k | 2.1k | 131.18 | |
| Keysight Technologies (KEYS) | 0.1 | $268k | 1.5k | 174.92 | |
| Toll Brothers (TOL) | 0.1 | $259k | 1.9k | 138.14 | |
| T Rowe Price Etf Cap Appreciation (TCAF) | 0.1 | $257k | 6.8k | 37.70 | |
| Royalty Pharma Shs Class A (RPRX) | 0.1 | $256k | 7.3k | 35.28 | |
| Vanguard Specialized Funds Div App Etf (VIG) | 0.1 | $252k | 1.2k | 215.79 | |
| Northrop Grumman Corporation (NOC) | 0.1 | $248k | 407.00 | 609.32 | |
| Lockheed Martin Corporation (LMT) | 0.1 | $241k | 482.00 | 499.21 | |
| Invesco Qqq Tr Unit Ser 1 (QQQ) | 0.1 | $240k | 400.00 | 600.37 | |
| Magnolia Oil & Gas Corp Cl A (MGY) | 0.1 | $239k | 10k | 23.87 | |
| Nextera Energy (NEE) | 0.1 | $239k | 3.2k | 75.49 | |
| Cigna Corp (CI) | 0.1 | $237k | 822.00 | 288.25 | |
| Vanguard Index Fds S&p 500 Etf Shs (VOO) | 0.1 | $224k | 365.00 | 612.38 | |
| Canadian Pacific Kansas City (CP) | 0.1 | $222k | 3.0k | 74.49 | |
| 3M Company (MMM) | 0.0 | $218k | 1.4k | 155.18 | |
| EOG Resources (EOG) | 0.0 | $218k | 1.9k | 112.12 | |
| Ameriprise Financial (AMP) | 0.0 | $214k | 435.00 | 491.25 | |
| Ondas Hldgs Com New (ONDS) | 0.0 | $212k | 28k | 7.72 | |
| Ishares Tr Ibonds Dec25 Etf (IBDQ) | 0.0 | $212k | 8.4k | 25.19 | |
| Invesco Exchange Traded Fd T S&p500 Eql Wgt (RSP) | 0.0 | $209k | 1.1k | 189.70 | |
| Old Dominion Freight Line (ODFL) | 0.0 | $207k | 1.5k | 140.78 | |
| Vaneck Etf Trust Junior Gold Mine (GDXJ) | 0.0 | $207k | 2.1k | 99.03 | |
| Corpay Com Shs (CPAY) | 0.0 | $204k | 707.00 | 288.06 | |
| Ge Vernova (GEV) | 0.0 | $203k | 330.00 | 614.90 | |
| Cleveland-cliffs (CLF) | 0.0 | $183k | 15k | 12.20 | |
| Accuray Incorporated (ARAY) | 0.0 | $167k | 100k | 1.67 | |
| Txo Partners Com Unit (TXO) | 0.0 | $141k | 10k | 14.05 | |
| Lightpath Technologies Com Cl A (LPTH) | 0.0 | $119k | 15k | 7.93 | |
| Marchex CL B (MCHX) | 0.0 | $110k | 62k | 1.79 | |
| Kopin Corporation (KOPN) | 0.0 | $79k | 33k | 2.43 | |
| Identiv Com New (INVE) | 0.0 | $73k | 21k | 3.45 | |
| Comstock Com Shs (LODE) | 0.0 | $68k | 20k | 3.42 | |
| Barfresh Food Group Com New (BRFH) | 0.0 | $54k | 15k | 3.48 | |
| Airgain (AIRG) | 0.0 | $48k | 11k | 4.34 | |
| Dyadic International (DYAI) | 0.0 | $41k | 35k | 1.18 | |
| Nano Dimension Sponsord Ads New (NNDM) | 0.0 | $31k | 20k | 1.57 |
