Filed: 2/13/2026ACC: 0001852314-26-000002
📋 What this filing means
MARNELL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 59 equity positions with a total reported market value of $206.14M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
59
Positions
$206.14M
Total AUM (reported)
5.56M
Total Shares
Allocation by class
COM$76.43M37.1%
TR UNIT$68.19M33.1%
SHS$12.90M6.3%
SHS PAR$11.23M5.4%
CL A$8.21M4.0%
COM SHS$6.03M2.9%
COM UNIT LPI$5.03M2.4%
Portfolio Concentration
Top 3$85.97M41.7%
4–10$40.60M19.7%
11–25$51.26M24.9%
Rest$28.30M13.7%
Top 3 weight
41.7%
Top 10 weight
61.4%
Voting Authority Distribution
Total shares with voting rights: 5.56M
Sole
Full voting authority
5.56M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole59
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings59
Rows:
SPDR S&P 500 ETF TR
SOLEShares100K
TypeSH
Market value$68.19M
33.08%
Sole
100K
Shared
0.00
None
0.00
STAR BULK CARRIERS CORP.
SOLEShares584.09K
TypeSH
Market value$11.23M
5.45%
Sole
584.09K
Shared
0.00
None
0.00
JBG SMITH PPTYS
SOLEShares385.46K
TypeSH
Market value$6.56M
3.18%
Sole
385.46K
Shared
0.00
None
0.00
WARRIOR MET COAL INC
SOLEShares74.18K
TypeSH
Market value$6.54M
3.17%
Sole
74.18K
Shared
0.00
None
0.00
TERAWULF INC
SOLEShares565.93K
TypeSH
Market value$6.50M
3.15%
Sole
565.93K
Shared
0.00
None
0.00
CORE NATURAL RESOURCES INC
SOLEShares68.14K
TypeSH
Market value$6.03M
2.93%
Sole
68.14K
Shared
0.00
None
0.00
INTERNATIONAL SEAWAYS INC
SOLEShares123.83K
TypeSH
Market value$6.01M
2.92%
Sole
123.83K
Shared
0.00
None
0.00
GENCO SHIPPING & TRADING LTD
SOLEShares285.55K
TypeSH
Market value$5.26M
2.55%
Sole
285.55K
Shared
0.00
None
0.00
NEXPOINT RESIDENTIAL TR INC
SOLEShares173.44K
TypeSH
Market value$5.22M
2.53%
Sole
173.44K
Shared
0.00
None
0.00
NAVIOS MARITIME PARTNERS L P
SOLEShares95.88K
TypeSH
Market value$5.03M
2.44%
Sole
95.88K
Shared
0.00
None
0.00
TORM PLC
SOLEShares245.90K
TypeSH
Market value$4.81M
2.34%
Sole
245.90K
Shared
0.00
None
0.00
TIDEWATER INC NEW
SOLEShares89.55K
TypeSH
Market value$4.52M
2.19%
Sole
89.55K
Shared
0.00
None
0.00
FIRST CTZNS BANCSHARES INC D
SOLEShares2.10K
TypeSH
Market value$4.52M
2.19%
Sole
2.10K
Shared
0.00
None
0.00
CENTURY ALUM CO
SOLEShares107.06K
TypeSH
Market value$4.19M
2.03%
Sole
107.06K
Shared
0.00
None
0.00
GARRETT MOTION INC
SOLEShares225.97K
TypeSH
Market value$3.94M
1.91%
Sole
225.97K
Shared
0.00
None
0.00
ARDMORE SHIPPING CORP
SOLEShares366.14K
TypeSH
Market value$3.88M
1.88%
Sole
366.14K
Shared
0.00
None
0.00
NEBIUS GROUP N.V.
SOLEShares44.28K
TypeSH
Market value$3.71M
1.80%
Sole
44.28K
Shared
0.00
None
0.00
HUT 8 CORP
SOLEShares75.94K
TypeSH
Market value$3.49M
1.69%
Sole
75.94K
Shared
0.00
None
0.00
CORE SCIENTIFIC INC NEW
SOLEShares221.87K
TypeSH
Market value$3.23M
1.57%
Sole
221.87K
Shared
0.00
None
0.00
SHERWIN WILLIAMS CO
SOLEShares8.86K
TypeSH
Market value$2.87M
1.39%
Sole
8.86K
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares6.70K
TypeSH
Market value$2.66M
1.29%
Sole
6.70K
Shared
0.00
None
0.00
ALEXANDERS INC
SOLEShares12.04K
TypeSH
Market value$2.62M
1.27%
Sole
12.04K
Shared
0.00
None
0.00
FRONTLINE PLC
SOLEShares109.32K
TypeSH
Market value$2.39M
1.16%
Sole
109.32K
Shared
0.00
None
0.00
CMB.TECH NV
SOLEShares235.45K
TypeSH
Market value$2.27M
1.10%
Sole
235.45K
Shared
0.00
None
0.00
TALEN ENERGY CORP
SOLEShares5.76K
TypeSH
Market value$2.16M
1.05%
Sole
5.76K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 100K | SH | $68.19M 33.08% | 100K | 0.00 | 0.00 |
STAR BULK CARRIERS CORP.SOLE | SHS PAR | 584.09K | SH | $11.23M 5.45% | 584.09K | 0.00 | 0.00 |
JBG SMITH PPTYSSOLE | COM | 385.46K | SH | $6.56M 3.18% | 385.46K | 0.00 | 0.00 |
WARRIOR MET COAL INCSOLE | COM | 74.18K | SH | $6.54M 3.17% | 74.18K | 0.00 | 0.00 |
TERAWULF INCSOLE | COM | 565.93K | SH | $6.50M 3.15% | 565.93K | 0.00 | 0.00 |
CORE NATURAL RESOURCES INCSOLE | COM SHS | 68.14K | SH | $6.03M 2.93% | 68.14K | 0.00 | 0.00 |
INTERNATIONAL SEAWAYS INCSOLE | COM | 123.83K | SH | $6.01M 2.92% | 123.83K | 0.00 | 0.00 |
GENCO SHIPPING & TRADING LTDSOLE | SHS | 285.55K | SH | $5.26M 2.55% | 285.55K | 0.00 | 0.00 |
NEXPOINT RESIDENTIAL TR INCSOLE | COM | 173.44K | SH | $5.22M 2.53% | 173.44K | 0.00 | 0.00 |
NAVIOS MARITIME PARTNERS L PSOLE | COM UNIT LPI | 95.88K | SH | $5.03M 2.44% | 95.88K | 0.00 | 0.00 |
TORM PLCSOLE | SHS CL A | 245.90K | SH | $4.81M 2.34% | 245.90K | 0.00 | 0.00 |
TIDEWATER INC NEWSOLE | COM | 89.55K | SH | $4.52M 2.19% | 89.55K | 0.00 | 0.00 |
FIRST CTZNS BANCSHARES INC DSOLE | CL A | 2.10K | SH | $4.52M 2.19% | 2.10K | 0.00 | 0.00 |
CENTURY ALUM COSOLE | COM | 107.06K | SH | $4.19M 2.03% | 107.06K | 0.00 | 0.00 |
GARRETT MOTION INCSOLE | COM | 225.97K | SH | $3.94M 1.91% | 225.97K | 0.00 | 0.00 |
ARDMORE SHIPPING CORPSOLE | COM | 366.14K | SH | $3.88M 1.88% | 366.14K | 0.00 | 0.00 |
NEBIUS GROUP N.V.SOLE | SHS CLASS A | 44.28K | SH | $3.71M 1.80% | 44.28K | 0.00 | 0.00 |
HUT 8 CORPSOLE | COM | 75.94K | SH | $3.49M 1.69% | 75.94K | 0.00 | 0.00 |
CORE SCIENTIFIC INC NEWSOLE | COM | 221.87K | SH | $3.23M 1.57% | 221.87K | 0.00 | 0.00 |
SHERWIN WILLIAMS COSOLE | COM | 8.86K | SH | $2.87M 1.39% | 8.86K | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 6.70K | SH | $2.66M 1.29% | 6.70K | 0.00 | 0.00 |
ALEXANDERS INCSOLE | COM | 12.04K | SH | $2.62M 1.27% | 12.04K | 0.00 | 0.00 |
FRONTLINE PLCSOLE | COM | 109.32K | SH | $2.39M 1.16% | 109.32K | 0.00 | 0.00 |
CMB.TECH NVSOLE | SHS | 235.45K | SH | $2.27M 1.10% | 235.45K | 0.00 | 0.00 |
TALEN ENERGY CORPSOLE | COM | 5.76K | SH | $2.16M 1.05% | 5.76K | 0.00 | 0.00 |
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