MM
Marnell Management LLC
Momentum followerQuality / disciplined sizingHigh-turnover trader
Total reported value
$287.5M
Reporting period: 2026-03-31 · Number of holdings: 72
Marnell Management LLC disclosed 72 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $287.5M and a quarterly turnover rate of 57.6%.
Personality snowflake
- Concentration
- 41.88
- Portfolio Stability
- 57.59
- Momentum/Contrarian
- 100
- Sector conviction
- 49.94
- Diversification
- 100
- Sizing Uniformity
- 75.08
Recent moves
Trim SPY
+30.0% $16.4M
Trim INSW
-80.1% -$4.2M
Trim SBLK
-26.3% -$1.3M
Trim GNK
-69.9% -$3.3M
Add TRMD
+76.2% $7.3M
Trim HUT
-77.4% -$2.7M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 68 holdings (of 72 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 29.40% | -3.68% | +30.00% | |
| 2 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-High Yield | 6.92% | +6.92% | NEW | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 6.02% | +6.02% | NEW | |
| 4 | TRMD | TORM plc | Stock-Other | 4.20% | +1.86% | +76.15% | |
| 5 | WULF | Terawulf INC | Stock-Financials | 3.45% | +0.30% | +21.35% | |
| 6 | SBLK | Star Bulk Carriers Corp. | Stock-Other | 3.44% | -2.01% | -26.33% | |
| 7 | CNR | Core Natural Resources INC | Stock-Energy | 2.69% | -0.24% | +8.57% | |
| 8 | JBGS | Jbg Smith Properties | Stock-Other | 2.30% | — | +17.23% | |
| 9 | DHT | DHT Holdings, Inc. | Stock-Other | 2.20% | +1.32% | +135.32% | |
| 10 | HCC | Warrior Met Coal INC | Stock-Materials | 1.81% | -1.36% | -24.63% | |
| 11 | FCNCA | First Citizens Bcshs -cl A | Stock-Financials | 1.64% | — | +18.72% | |
| 12 | TDW | Tidewater INC | Stock-Energy | 1.60% | — | -38.45% | |
| 13 | ASC | Ardmore Shipping Corporation | Stock-Other | 1.59% | -0.29% | -18.24% | |
| 14 | TLN | Talen Energy CORP | Stock-Utilities | 1.47% | +0.42% | +130.28% | |
| 15 | DEI | Douglas Emmett INC | Stock-Other | 1.43% | +1.43% | NEW | |
| 16 | NMM | Navios Maritime Partners L.P. | Stock-Other | 1.35% | -1.09% | -39.84% | |
| 17 | ALX | Alexander's INC | Stock-Other | 1.30% | +0.03% | +31.57% | |
| 18 | VNO | Vornado Realty Trust | Stock-Real Estate | 1.29% | +1.09% | +1040.74% | |
| 19 | HAFN | Hafnia Limited | Stock-Other | 1.23% | +0.18% | +15.05% | |
| 20 | NXRT | Nexpoint Residential | Stock-Other | 1.18% | -1.35% | -21.81% | |
| 21 | GTX | Garrett Motion INC | Stock-Consumer Disc | 1.15% | -0.76% | -19.52% | |
| 22 | ✓ | Cmb Tech NV | Stock-Other | 1.12% | +0.02% | +8.38% | |
| 23 | SHW | Sherwin-williams Co/the | Stock-Materials | 1.04% | — | +5.32% | |
| 24 | ECO | Okeanis Eco Tankers Corp. | Stock-Other | 0.94% | +0.81% | +560.95% | |
| 25 | CENX | Century Aluminum Company | Stock-Materials | 0.92% | -1.11% | -57.69% | |
| 26 | CIFR | Cipher Digital INC | Stock-Tech | 0.92% | +0.92% | NEW | |
| 27 | CORZ | Core Scientific INC | Stock-Tech | 0.89% | -0.68% | -23.16% | |
| 28 | ✓ | Nebius Group NV | Stock-Other | 0.84% | -0.96% | -47.24% | |
| 29 | EXP | Eagle Materials INC | Stock-Materials | 0.79% | — | +31.92% | |
| 30 | RIG | Transocean Ltd. | Stock-Energy | 0.78% | +0.20% | +17.03% | |
| 31 | ✓ | Himalaya Shipping LTD | Stock-Other | 0.76% | +0.76% | NEW | |
| 32 | CLSK | Cleanspark INC | Stock-Financials | 0.75% | +0.75% | NEW | |
| 33 | FRO | Frontline plc | Stock-Other | 0.72% | — | -45.77% | |
| 34 | COMP | Compass INC - Class A | Stock-Real Estate | 0.69% | +0.69% | NEW | |
| 35 | STNG | Scorpio Tankers Inc. | Stock-Other | 0.68% | -0.01% | -6.10% | |
| 36 | GNK | Genco Shipping & Trading Limited | Stock-Other | 0.67% | -1.88% | -69.87% | |
| 37 | FBIN | Fortune Brands Innovations I | Stock-Industrials | 0.65% | +0.65% | NEW | |
| 38 | METC | Ramaco Resources Inc-a | Stock-Other | 0.63% | +0.63% | NEW | |
| 39 | INSW | International Seaways, Inc. | Stock-Other | 0.62% | -2.30% | -80.14% | |
| 40 | GLD | Spdr Gold Shares | ETF-Commodities | 0.62% | -0.67% | -38.49% | |
| 41 | TNK | Teekay Tankers Ltd. | Stock-Other | 0.60% | — | +2.14% | |
| 42 | VAL | Valaris Limited | Stock-Energy | 0.58% | +0.12% | -8.43% | |
| 43 | LEN | Lennar Corp-a | Stock-Consumer Disc | 0.57% | +0.57% | NEW | |
| 44 | BLDR | Builders Firstsource INC | Stock-Industrials | 0.57% | +0.57% | NEW | |
| 45 | BWA | Borgwarner INC | Stock-Consumer Disc | 0.52% | +0.52% | NEW | |
| 46 | NVGS | Navigator Holdings Ltd. | Stock-Other | 0.34% | +0.34% | NEW | |
| 47 | KKR | Kkr & Co INC | Stock-Financials | 0.33% | — | +12.30% | |
| 48 | MLM | Martin Marietta Materials | Stock-Materials | 0.31% | — | +15.14% | |
| 49 | HUT | Hut 8 CORP | Stock-Financials | 0.28% | -1.41% | -77.43% | |
| 50 | QXO | Qxo INC | Stock-Industrials | 0.26% | +0.26% | NEW |
1–50 of 68
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
Marnell Management LLC's most significant position changes for 2026-03-31: New buy: Ishr Ibx Usd Hiyld Cb Etf-ui (HYG); New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: Douglas Emmett INC (DEI); New buy: Cipher Digital INC (CIFR); New buy: Himalaya Shipping LTD.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | TRMD | TORM plc | +1.9% | +76.15% | Add |
| 2 | DHT | DHT Holdings, Inc. | +1.3% | +135.32% | Add |
| 3 | VNO | Vornado Realty Trust | +1.1% | +1040.74% | Add |
| 4 | ECO | Okeanis Eco Tankers Corp. | +0.8% | +560.95% | Add |
| 5 | TLN | Talen Energy CORP | +0.4% | +130.28% | Add |
| 6 | WULF | Terawulf INC | +0.3% | +21.35% | Add |
| 7 | RIG | Transocean Ltd. | +0.2% | +17.03% | Add |
| 8 | HAFN | Hafnia Limited | +0.2% | +15.05% | Add |
| 9 | VAL | Valaris Limited | +0.1% | -8.43% | Trim |
| 10 | ALX | Alexander's INC | 0% | +31.57% | Add |
| 11 | ✓ | Cmb Tech NV | 0% | +8.38% | Add |
| 12 | STNG | Scorpio Tankers Inc. | 0% | -6.10% | Trim |
| 13 | CNR | Core Natural Resources INC | -0.2% | +8.57% | Add |
| 14 | ASC | Ardmore Shipping Corporation | -0.3% | -18.24% | Trim |
| 15 | TEN | Tsakos Energy Navigation Limited | -0.3% | -83.26% | Trim |
| 16 | GLD | Spdr Gold Shares | -0.7% | -38.49% | Trim |
| 17 | CORZ | Core Scientific INC | -0.7% | -23.16% | Trim |
| 18 | GTX | Garrett Motion INC | -0.8% | -19.52% | Trim |
| 19 | ✓ | Nebius Group NV | -1% | -47.24% | Trim |
| 20 | NMM | Navios Maritime Partners L.P. | -1.1% | -39.84% | Trim |
| 21 | CENX | Century Aluminum Company | -1.1% | -57.69% | Trim |
| 22 | NXRT | Nexpoint Residential | -1.4% | -21.81% | Trim |
| 23 | HCC | Warrior Met Coal INC | -1.4% | -24.63% | Trim |
| 24 | HUT | Hut 8 CORP | -1.4% | -77.43% | Trim |
| 25 | GNK | Genco Shipping & Trading Limited | -1.9% | -69.87% | Trim |
| 26 | SBLK | Star Bulk Carriers Corp. | -2% | -26.33% | Trim |
| 27 | INSW | International Seaways, Inc. | -2.3% | -80.14% | Trim |
| 28 | SPY | Ss Spdr S&p 500 ETF Trust-us | -3.7% | +30.00% | Add |
| 29 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | — | NEW | New buy |
| 30 | QQQ | Invesco Qqq Trust Series 1 | — | NEW | New buy |
| 31 | DEI | Douglas Emmett INC | — | NEW | New buy |
| 32 | CIFR | Cipher Digital INC | — | NEW | New buy |
| 33 | ✓ | Himalaya Shipping LTD | — | NEW | New buy |
| 34 | CLSK | Cleanspark INC | — | NEW | New buy |
| 35 | COMP | Compass INC - Class A | — | NEW | New buy |
| 36 | FBIN | Fortune Brands Innovations I | — | NEW | New buy |
| 37 | METC | Ramaco Resources Inc-a | — | NEW | New buy |
| 38 | NLOP | Net Lease Office Property | — | EXIT | Sold out |
| 39 | LEN | Lennar Corp-a | — | NEW | New buy |
| 40 | NUE | Nucor CORP | — | EXIT | Sold out |
| 41 | BLDR | Builders Firstsource INC | — | NEW | New buy |
| 42 | BWA | Borgwarner INC | — | NEW | New buy |
| 43 | NVGS | Navigator Holdings Ltd. | — | NEW | New buy |
| 44 | QXO | Qxo INC | — | NEW | New buy |
| 45 | HPP | Hudson Pacific Properties In | — | NEW | New buy |
| 46 | DAC | Danaos Corporation | — | EXIT | Sold out |
| 47 | CE | Celanese CORP | — | NEW | New buy |
| 48 | AL | Air Lease CORP | — | EXIT | Sold out |
| 49 | ✓ | Seanergy Maritime Hldgs CORP | — | NEW | New buy |
| 50 | FNV | Franco-nevada CORP | — | EXIT | Sold out |
FAQ
What is Marnell Management LLC and what type of investor is it?
Marnell Management LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $287.5M, spread across 72 disclosed positions.
What are Marnell Management LLC's largest equity positions?
Based on the latest 13F filing, Marnell Management LLC's top holdings by market value are:
1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $84.5M (29.4%)
2. Ishr Ibx Usd Hiyld Cb Etf-ui (HYG) — $19.9M (6.9%)
3. Invesco Qqq Trust Series 1 (QQQ) — $17.3M (6.0%)
4. TORM plc (TRMD) — $12.1M (4.2%)
5. Terawulf INC (WULF) — $9.9M (3.5%)
What changes did Marnell Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Marnell Management LLC made 50 notable position adjustments: 17 new positions were initiated, 12 existing holdings were added to, 16 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: Ishr Ibx Usd Hiyld Cb Etf-ui (HYG); New buy: Invesco Qqq Trust Series 1 (QQQ); New buy: Douglas Emmett INC (DEI); New buy: Cipher Digital INC (CIFR); New buy: Himalaya Shipping LTD
What sectors does Marnell Management LLC focus on?
Marnell Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 23.9%
• Energy: 21.2%
• Materials: 20.1%
• Consumer Discretionary: 9.1%
• Real Estate: 7.2%
• Information Technology: 6.6%