SEC 13F Intelligence

Managers / Q4 2018 · view latest →

MARATHON CAPITAL MANAGEMENT

CIK 0001213206 · 4 NORTH PARK DRIVE, SUITE 106, HUNT VALLEY, MD, 21030-1806 · 410-329-1522

Reported Value
$201M
Q4 2018
Positions
110
Filings on Record
32
2019–present window
Filed
Feb 7, 2019
original filing

Summary

Marathon Capital Management reported $201M in U.S.-listed holdings across 110 positions for Q4 2018.

The portfolio is heavily concentrated: TROW alone accounts for 55.1% of reported value.

Portfolio Metrics

Top-10 Concentration
+67.0%
share of reported value
Largest Position
+55.1%
T Rowe Price

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $201MQ4 ’18Q1 ’19: $224MQ2 ’19: $245MQ3 ’19: $248MQ4 ’19: $294MQ4 ’19Q1 ’20: $218MQ2 ’20: $260MQ3 ’20: $275MQ4 ’20: $339MQ4 ’20Q1 ’21: $379MQ2 ’21: $432MQ3 ’21: $441MQ4 ’21: $427MQ4 ’21Q1 ’22: $348MQ2 ’22: $310MQ3 ’22: $350MQ4 ’22: $363MQ4 ’22Q1 ’23: $406MQ2 ’23: $405MQ3 ’23: $397MQ4 ’23: $398MQ4 ’23Q1 ’24: $419MQ2 ’24: $392MQ3 ’24: $412MQ4 ’24: $400MQ4 ’24Q1 ’25: $375MQ2 ’25: $393MQ3 ’25: $437MQ4 ’25: $465MQ4 ’25Q1 ’26: $445Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.3%Other: 8.9%ADR: 2.9%REIT: 0.7%PUBLIC: 0.4%Other: 0.8%
  • Common Stock · 86.3% · $174M
  • Other · 8.9% · $18M
  • ADR · 2.9% · $6M
  • REIT · 0.7% · $1M
  • PUBLIC · 0.4% · $803,000
  • Other · 0.8% · $2M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
TROWT Rowe Price Group IncNEW+1.20M1.20M+$111M$111M
MSFTMicrosoft CorpNEW+29.5K29.5K+$3M$3M
JNJJohnson & JohnsonNEW+22.8K22.8K+$3M$3M
QCOMQualcomm IncNEW+49.1K49.1K+$3M$3M
Glaxosmithkline Plc AdrfNEW+72.6K72.6K+$3M$3M
GLWCorning IncNEW+89.4K89.4K+$3M$3M
Dowdupont IncNEW+48.8K48.8K+$3M$3M
CRCMGBPCare Com IncNEW+127.0K127.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TROWT Rowe Price Group Inchistory →COM55.07%$111M1.20M
2MSFTMicrosoft Corphistory →COM1.49%$3M29.5K
3JNJJohnson & Johnsonhistory →COM1.46%$3M22.8K
4QCOMQualcomm Inchistory →COM1.39%$3M49.1K
5Glaxosmithkline Plc AdrfSPONSORED ADR1.38%$3M72.6K
6GLWCorning Inchistory →COM1.34%$3M89.4K
7Dowdupont IncCOM1.30%$3M48.8K
8CRCMGBPCare Com Inchistory →COM1.22%$2M127.0K
9Sprott Physical Gold & Silver Trust UnitCL A1.21%$2M194.5K
10MIC2USDMacquarie Infrastructurhistory →COM1.11%$2M61.1K
11CYEURCypress Semiconductrhistory →COM1.10%$2M175.0K
12ABJAABB Limitedhistory →SPONSORED ADR1.06%$2M112.8K
13BPBP Plc Adrhistory →SPONSORED ADR1.06%$2M56.4K
14ENPHEnphase Energy Inchistory →COM1.04%$2M442.7K
15ALAir LeaseCL A0.99%$2M66.1K
16METMetlife IncCOM0.96%$2M47.0K
17Quantenna CommunCOM0.94%$2M132.0K
18ORBCOrbcomm IncCOM0.93%$2M226.2K
19GLUUGlu Mobile IncCOM0.89%$2M222.8K
20KNKnowles CorporationCOM0.86%$2M130.7K
21IBMIntl Business MachinesCOM0.79%$2M14.1K
22DSKEUSDDaseke IncCOM0.72%$1M395.9K
23Kornit Digital Ltd.SHS0.72%$1M77.2K
24AAPLApple Computer IncCOM0.69%$1M8.9K
25CVA1EURCovanta Holding CorpCOM0.68%$1M102.8K
26VODVodafone Group Plc AdrSPONSORED ADR0.68%$1M70.8K
27Tower Semiconductor NewfSHS NEW0.68%$1M92.5K
28RLHRed Lion Hotels CorpCOM0.66%$1M161.8K
29HLITHarmonic IncCOM0.65%$1M278.6K
30PGProcter & Gamble CoCOM0.62%$1M13.5K
31CELGCelgene CorpCOM0.59%$1M18.5K
32LANDGladstone Land CorpCOM0.57%$1M99.8K
33MGYMagnolia Oil & Gas CorpCL A0.56%$1M100.0K
34USBU.S. BancorpCOM NEW0.55%$1M24.3K
35CUI Global Inc NewCOM NEW0.51%$1M835.1K
36FDXF D X CorporationCOM0.50%$998,0006.2K
37CALYCallaway GolfCOM0.48%$965,00063.1K
38Seagate TechnologySHS0.46%$930,00024.1K
39ENZBEnzo Biochem IncCOM0.46%$923,000332.0K
40Aegon Nv Ord Reg AmerNY REGISTRY SHS0.43%$868,000186.8K
41MRKMerck & Co IncCOM0.43%$867,00011.4K
42PSXPhillipsCOM0.43%$865,00010.0K
43TRGPTarga Resources CorpCOM0.42%$839,00023.3K
44Aquaventure Hldgs LdSHS0.40%$808,00042.8K
45Blackrock Resources &SHS0.36%$727,000103.0K
46AMZNAmazon Com IncCOM0.36%$723,000482
47HDSNHudson Technologies IncCOM0.33%$670,000753.0K
48BECNUSDBeacon Roofing SupplyCOM0.33%$665,00021.0K
49EFTTechtarget IncCOM0.32%$648,00053.1K
50GOOGAlphabet Inc. Class CCAP STK CL C0.31%$619,000598

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$445M171May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$465M171Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$437M163Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$393M166Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$375M158May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$400M155Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$412M154Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$392M145Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$419M154May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$398M153Feb 14, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$397M158Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$405M156Aug 15, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023$406M164May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$363M145Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$350M153Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$310M146Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$348M93May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$427M166Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$441M224Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$432M199Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$379M189May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$339M158Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$275M147Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$260M140Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$218M122May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$294M142Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$248M113Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$245M112Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$224M110May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$201M110Feb 7, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.