Filed: 11/14/2025ACC: 0001420506-25-003216
📋 What this filing means
MARSHALL INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 75 equity positions with a total reported market value of $188.92M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
75
Positions
$188.92M
Total AUM (reported)
2.31M
Total Shares
Allocation by class
COM$42.33M22.4%
GOLD SHS$17.23M9.1%
FIDELITY FUND LR$9.02M4.8%
SHS CREATION UNI$8.93M4.7%
RAFI DYN ML US$8.92M4.7%
ENHANCED MID$8.79M4.7%
CL B NEW$8.73M4.6%
Portfolio Concentration
Top 3$35.25M18.7%
4–10$53.19M28.2%
11–25$51.61M27.3%
Rest$48.88M25.9%
Top 3 weight
18.7%
Top 10 weight
46.8%
Voting Authority Distribution
Total shares with voting rights: 2.31M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.31M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole75
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings75
Rows:
SPDR GOLD TR
SOLEShares48.48K
TypeSH
Market value$17.23M
9.12%
Sole
0.00
Shared
0.00
None
48.48K
FIDELITY COVINGTON TRUST
SOLEShares306.14K
TypeSH
Market value$9.02M
4.78%
Sole
0.00
Shared
0.00
None
306.14K
MICROSOFT CORP
SOLEShares17.36K
TypeSH
Market value$8.99M
4.76%
Sole
0.00
Shared
0.00
None
17.36K
CAPITAL GROUP GROWTH ETF
SOLEShares203.24K
TypeSH
Market value$8.93M
4.72%
Sole
0.00
Shared
0.00
None
203.24K
PIMCO EQUITY SER
SOLEShares158.57K
TypeSH
Market value$8.92M
4.72%
Sole
0.00
Shared
0.00
None
158.57K
FIDELITY COVINGTON TRUST
SOLEShares243.28K
TypeSH
Market value$8.79M
4.66%
Sole
0.00
Shared
0.00
None
243.28K
BERKSHIRE HATHAWAY INC DEL
SOLEShares17.37K
TypeSH
Market value$8.73M
4.62%
Sole
0.00
Shared
0.00
None
17.37K
SPDR S&P 500 ETF TR
SOLEShares10.58K
TypeSH
Market value$7.05M
3.73%
Sole
0.00
Shared
0.00
None
10.58K
AMAZON COM INC
SOLEShares26.97K
TypeSH
Market value$5.92M
3.13%
Sole
0.00
Shared
0.00
None
26.97K
NVIDIA CORPORATION
SOLEShares25.97K
TypeSH
Market value$4.85M
2.57%
Sole
0.00
Shared
0.00
None
25.97K
FIRST TR EXCHANGE TRADED FD
SOLEShares69.63K
TypeSH
Market value$4.68M
2.48%
Sole
0.00
Shared
0.00
None
69.63K
APPLE INC
SOLEShares18.10K
TypeSH
Market value$4.61M
2.44%
Sole
0.00
Shared
0.00
None
18.10K
JPMORGAN CHASE & CO.
SOLEShares14.37K
TypeSH
Market value$4.53M
2.40%
Sole
0.00
Shared
0.00
None
14.37K
ALPHABET INC
SOLEShares16.50K
TypeSH
Market value$4.02M
2.13%
Sole
0.00
Shared
0.00
None
16.50K
FIRST TR EXCHANGE TRADED FD
SOLEShares37.53K
TypeSH
Market value$3.63M
1.92%
Sole
0.00
Shared
0.00
None
37.53K
ARK ETF TR
SOLEShares20.12K
TypeSH
Market value$3.51M
1.86%
Sole
0.00
Shared
0.00
None
20.12K
CROWDSTRIKE HLDGS INC
SOLEShares7.13K
TypeSH
Market value$3.50M
1.85%
Sole
0.00
Shared
0.00
None
7.13K
FIRST TR EXCHANGE TRADED FD
SOLEShares52.78K
TypeSH
Market value$3.27M
1.73%
Sole
0.00
Shared
0.00
None
52.78K
META PLATFORMS INC
SOLEShares4.37K
TypeSH
Market value$3.21M
1.70%
Sole
0.00
Shared
0.00
None
4.37K
INVESCO EXCH TRADED FD TR II
SOLEShares56.98K
TypeSH
Market value$2.86M
1.51%
Sole
0.00
Shared
0.00
None
56.98K
FIRST TR EXCHANGE-TRADED FD
SOLEShares61.72K
TypeSH
Market value$2.85M
1.51%
Sole
0.00
Shared
0.00
None
61.72K
SPDR SERIES TRUST
SOLEShares11.99K
TypeSH
Market value$2.82M
1.49%
Sole
0.00
Shared
0.00
None
11.99K
WALMART INC
SOLEShares26.49K
TypeSH
Market value$2.73M
1.45%
Sole
0.00
Shared
0.00
None
26.49K
FIRST TR EXCH TRADED FD III
SOLEShares139.95K
TypeSH
Market value$2.71M
1.43%
Sole
0.00
Shared
0.00
None
139.95K
DUKE ENERGY CORP NEW
SOLEShares21.70K
TypeSH
Market value$2.69M
1.42%
Sole
0.00
Shared
0.00
None
21.70K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TRSOLE | GOLD SHS | 48.48K | SH | $17.23M 9.12% | 0.00 | 0.00 | 48.48K |
FIDELITY COVINGTON TRUSTSOLE | FIDELITY FUND LR | 306.14K | SH | $9.02M 4.78% | 0.00 | 0.00 | 306.14K |
MICROSOFT CORPSOLE | COM | 17.36K | SH | $8.99M 4.76% | 0.00 | 0.00 | 17.36K |
CAPITAL GROUP GROWTH ETFSOLE | SHS CREATION UNI | 203.24K | SH | $8.93M 4.72% | 0.00 | 0.00 | 203.24K |
PIMCO EQUITY SERSOLE | RAFI DYN ML US | 158.57K | SH | $8.92M 4.72% | 0.00 | 0.00 | 158.57K |
FIDELITY COVINGTON TRUSTSOLE | ENHANCED MID | 243.28K | SH | $8.79M 4.66% | 0.00 | 0.00 | 243.28K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 17.37K | SH | $8.73M 4.62% | 0.00 | 0.00 | 17.37K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 10.58K | SH | $7.05M 3.73% | 0.00 | 0.00 | 10.58K |
AMAZON COM INCSOLE | COM | 26.97K | SH | $5.92M 3.13% | 0.00 | 0.00 | 26.97K |
NVIDIA CORPORATIONSOLE | COM | 25.97K | SH | $4.85M 2.57% | 0.00 | 0.00 | 25.97K |
FIRST TR EXCHANGE TRADED FDSOLE | RISNG DIVD ACHIV | 69.63K | SH | $4.68M 2.48% | 0.00 | 0.00 | 69.63K |
APPLE INCSOLE | COM | 18.10K | SH | $4.61M 2.44% | 0.00 | 0.00 | 18.10K |
JPMORGAN CHASE & CO.SOLE | COM | 14.37K | SH | $4.53M 2.40% | 0.00 | 0.00 | 14.37K |
ALPHABET INCSOLE | CAP STK CL C | 16.50K | SH | $4.02M 2.13% | 0.00 | 0.00 | 16.50K |
FIRST TR EXCHANGE TRADED FDSOLE | RBA INDL ETF | 37.53K | SH | $3.63M 1.92% | 0.00 | 0.00 | 37.53K |
ARK ETF TRSOLE | NEXT GNRTN INTER | 20.12K | SH | $3.51M 1.86% | 0.00 | 0.00 | 20.12K |
CROWDSTRIKE HLDGS INCSOLE | CL A | 7.13K | SH | $3.50M 1.85% | 0.00 | 0.00 | 7.13K |
FIRST TR EXCHANGE TRADED FDSOLE | DORSEY WRT 5 ETF | 52.78K | SH | $3.27M 1.73% | 0.00 | 0.00 | 52.78K |
META PLATFORMS INCSOLE | CL A | 4.37K | SH | $3.21M 1.70% | 0.00 | 0.00 | 4.37K |
INVESCO EXCH TRADED FD TR IISOLE | INVESCO PHLX SM | 56.98K | SH | $2.86M 1.51% | 0.00 | 0.00 | 56.98K |
FIRST TR EXCHANGE-TRADED FDSOLE | SHS | 61.72K | SH | $2.85M 1.51% | 0.00 | 0.00 | 61.72K |
SPDR SERIES TRUSTSOLE | AEROSPACE DEF | 11.99K | SH | $2.82M 1.49% | 0.00 | 0.00 | 11.99K |
WALMART INCSOLE | COM | 26.49K | SH | $2.73M 1.45% | 0.00 | 0.00 | 26.49K |
FIRST TR EXCH TRADED FD IIISOLE | INSTL PFD SECS | 139.95K | SH | $2.71M 1.43% | 0.00 | 0.00 | 139.95K |
DUKE ENERGY CORP NEWSOLE | COM NEW | 21.70K | SH | $2.69M 1.42% | 0.00 | 0.00 | 21.70K |
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