Filed: 2/9/2026ACC: 0001420506-26-000223
📋 What this filing means
MARSHALL INVESTMENT MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 76 equity positions with a total reported market value of $199.09M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
76
Positions
$199.09M
Total AUM (reported)
2.49M
Total Shares
Allocation by class
COM$47.41M23.8%
GOLD SHS$19.19M9.6%
CL B NEW$9.25M4.6%
ENHANCED MID$8.73M4.4%
RAFI DYN ML US$8.70M4.4%
SHS CREATION UNI$8.66M4.4%
FIDELITY FUND LR$8.61M4.3%
Portfolio Concentration
Top 3$37.42M18.8%
4–10$51.96M26.1%
11–25$55.83M28.0%
Rest$53.88M27.1%
Top 3 weight
18.8%
Top 10 weight
44.9%
Voting Authority Distribution
Total shares with voting rights: 2.49M
Sole
Full voting authority
16.83K
shares
% of voting shares0.7%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
2.47M
shares
% of voting shares99.3%
Investment Discretion (by position count)
Sole76
Shared0
Other0
Dominant voting typeNone · 99.3% of voting shares
Institutional Holdings76
Rows:
SPDR GOLD TR
SOLEShares48.41K
TypeSH
Market value$19.19M
9.64%
Sole
31.00
Shared
0.00
None
48.38K
BERKSHIRE HATHAWAY INC DEL
SOLEShares18.40K
TypeSH
Market value$9.25M
4.65%
Sole
0.00
Shared
0.00
None
18.40K
MICROSOFT CORP
SOLEShares18.57K
TypeSH
Market value$8.98M
4.51%
Sole
68.00
Shared
0.00
None
18.50K
FIDELITY COVINGTON TRUST
SOLEShares240.06K
TypeSH
Market value$8.73M
4.39%
Sole
3.54K
Shared
0.00
None
236.53K
PIMCO EQUITY SER
SOLEShares153.63K
TypeSH
Market value$8.70M
4.37%
Sole
2.26K
Shared
0.00
None
151.38K
CAPITAL GROUP GROWTH ETF
SOLEShares194.85K
TypeSH
Market value$8.66M
4.35%
Sole
2.89K
Shared
0.00
None
191.96K
FIDELITY COVINGTON TRUST
SOLEShares287.60K
TypeSH
Market value$8.61M
4.33%
Sole
4.26K
Shared
0.00
None
283.34K
AMAZON COM INC
SOLEShares29.68K
TypeSH
Market value$6.85M
3.44%
Sole
88.00
Shared
0.00
None
29.59K
SPDR S&P 500 ETF TR
SOLEShares7.70K
TypeSH
Market value$5.25M
2.64%
Sole
0.00
Shared
0.00
None
7.70K
APPLE INC
SOLEShares18.93K
TypeSH
Market value$5.15M
2.59%
Sole
90.00
Shared
0.00
None
18.84K
ALPHABET INC
SOLEShares16.36K
TypeSH
Market value$5.14M
2.58%
Sole
96.00
Shared
0.00
None
16.27K
JPMORGAN CHASE & CO.
SOLEShares15.45K
TypeSH
Market value$4.98M
2.50%
Sole
0.00
Shared
0.00
None
15.45K
NVIDIA CORPORATION
SOLEShares25.89K
TypeSH
Market value$4.83M
2.43%
Sole
200.00
Shared
0.00
None
25.69K
FIRST TR EXCHANGE TRADED FD
SOLEShares66.97K
TypeSH
Market value$4.65M
2.34%
Sole
0.00
Shared
0.00
None
66.97K
MFS ACTIVE EXCHANGE TRADED F
SOLEShares175.37K
TypeSH
Market value$4.42M
2.22%
Sole
421.00
Shared
0.00
None
174.95K
ELI LILLY & CO
SOLEShares3.78K
TypeSH
Market value$4.07M
2.04%
Sole
33.00
Shared
0.00
None
3.75K
FIRST TR EXCHANGE TRADED FD
SOLEShares36.08K
TypeSH
Market value$3.55M
1.78%
Sole
235.00
Shared
0.00
None
35.84K
CROWDSTRIKE HLDGS INC
SOLEShares7.56K
TypeSH
Market value$3.54M
1.78%
Sole
26.00
Shared
0.00
None
7.53K
META PLATFORMS INC
SOLEShares4.97K
TypeSH
Market value$3.28M
1.65%
Sole
17.00
Shared
0.00
None
4.96K
WALMART INC
SOLEShares29.30K
TypeSH
Market value$3.26M
1.64%
Sole
0.00
Shared
0.00
None
29.30K
DUKE ENERGY CORP NEW
SOLEShares24.59K
TypeSH
Market value$2.88M
1.45%
Sole
0.00
Shared
0.00
None
24.59K
FIRST TR EXCHANGE TRADED FD
SOLEShares44.96K
TypeSH
Market value$2.83M
1.42%
Sole
0.00
Shared
0.00
None
44.96K
ARK ETF TR
SOLEShares19.09K
TypeSH
Market value$2.82M
1.42%
Sole
0.00
Shared
0.00
None
19.09K
FIRST TR EXCH TRADED FD III
SOLEShares143.91K
TypeSH
Market value$2.79M
1.40%
Sole
0.00
Shared
0.00
None
143.91K
SPDR SERIES TRUST
SOLEShares11.55K
TypeSH
Market value$2.79M
1.40%
Sole
162.00
Shared
0.00
None
11.39K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR GOLD TRSOLE | GOLD SHS | 48.41K | SH | $19.19M 9.64% | 31.00 | 0.00 | 48.38K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 18.40K | SH | $9.25M 4.65% | 0.00 | 0.00 | 18.40K |
MICROSOFT CORPSOLE | COM | 18.57K | SH | $8.98M 4.51% | 68.00 | 0.00 | 18.50K |
FIDELITY COVINGTON TRUSTSOLE | ENHANCED MID | 240.06K | SH | $8.73M 4.39% | 3.54K | 0.00 | 236.53K |
PIMCO EQUITY SERSOLE | RAFI DYN ML US | 153.63K | SH | $8.70M 4.37% | 2.26K | 0.00 | 151.38K |
CAPITAL GROUP GROWTH ETFSOLE | SHS CREATION UNI | 194.85K | SH | $8.66M 4.35% | 2.89K | 0.00 | 191.96K |
FIDELITY COVINGTON TRUSTSOLE | FIDELITY FUND LR | 287.60K | SH | $8.61M 4.33% | 4.26K | 0.00 | 283.34K |
AMAZON COM INCSOLE | COM | 29.68K | SH | $6.85M 3.44% | 88.00 | 0.00 | 29.59K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 7.70K | SH | $5.25M 2.64% | 0.00 | 0.00 | 7.70K |
APPLE INCSOLE | COM | 18.93K | SH | $5.15M 2.59% | 90.00 | 0.00 | 18.84K |
ALPHABET INCSOLE | CAP STK CL C | 16.36K | SH | $5.14M 2.58% | 96.00 | 0.00 | 16.27K |
JPMORGAN CHASE & CO.SOLE | COM | 15.45K | SH | $4.98M 2.50% | 0.00 | 0.00 | 15.45K |
NVIDIA CORPORATIONSOLE | COM | 25.89K | SH | $4.83M 2.43% | 200.00 | 0.00 | 25.69K |
FIRST TR EXCHANGE TRADED FDSOLE | RISNG DIVD ACHIV | 66.97K | SH | $4.65M 2.34% | 0.00 | 0.00 | 66.97K |
MFS ACTIVE EXCHANGE TRADED FSOLE | CORE PLUS BD ETF | 175.37K | SH | $4.42M 2.22% | 421.00 | 0.00 | 174.95K |
ELI LILLY & COSOLE | COM | 3.78K | SH | $4.07M 2.04% | 33.00 | 0.00 | 3.75K |
FIRST TR EXCHANGE TRADED FDSOLE | RBA INDL ETF | 36.08K | SH | $3.55M 1.78% | 235.00 | 0.00 | 35.84K |
CROWDSTRIKE HLDGS INCSOLE | CL A | 7.56K | SH | $3.54M 1.78% | 26.00 | 0.00 | 7.53K |
META PLATFORMS INCSOLE | CL A | 4.97K | SH | $3.28M 1.65% | 17.00 | 0.00 | 4.96K |
WALMART INCSOLE | COM | 29.30K | SH | $3.26M 1.64% | 0.00 | 0.00 | 29.30K |
DUKE ENERGY CORP NEWSOLE | COM NEW | 24.59K | SH | $2.88M 1.45% | 0.00 | 0.00 | 24.59K |
FIRST TR EXCHANGE TRADED FDSOLE | DORSEY WRT 5 ETF | 44.96K | SH | $2.83M 1.42% | 0.00 | 0.00 | 44.96K |
ARK ETF TRSOLE | NEXT GNRTN INTER | 19.09K | SH | $2.82M 1.42% | 0.00 | 0.00 | 19.09K |
FIRST TR EXCH TRADED FD IIISOLE | INSTL PFD SECS | 143.91K | SH | $2.79M 1.40% | 0.00 | 0.00 | 143.91K |
SPDR SERIES TRUSTSOLE | STATE STREET SPD | 11.55K | SH | $2.79M 1.40% | 162.00 | 0.00 | 11.39K |
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