SEC 13F Intelligence

Managers / Q2 2019 · view latest →

MARATHON CAPITAL MANAGEMENT

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

Reported Value
$245M
Q2 2019
Positions
112
Filings on Record
32
2019–present window
Filed
Jul 25, 2019
original filing

Summary

Marathon Capital Management reported $245M in U.S.-listed holdings across 112 positions for Q2 2019.

The portfolio is heavily concentrated: TROW alone accounts for 53.4% of reported value.

Compared with Q1 2019, the fund opened 12 new positions and exited 10.

Portfolio Metrics

Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+67.3%
share of reported value
Largest Position
+53.4%
T Rowe Price
New / Exited
12 / 10
positions this quarter

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: 88.9%Other: 6.3%ADR: 3.2%REIT: 0.7%PUBLIC: 0.4%Other: 0.6%
  • Common Stock · 88.9% · $218M
  • Other · 6.3% · $15M
  • ADR · 3.2% · $8M
  • REIT · 0.7% · $2M
  • PUBLIC · 0.4% · $861,000
  • Other · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CVSC V S Corp DelNEW+40.8K40.8K+$2M$2M
MYGNMyriad Genetics IncNEW+79.5K79.5K+$2M$2M
ROKURoku Inc Cl ANEW+14.4K14.4K+$1M$1M
ZYMEUSDZymeworks IncNEW+52.2K52.2K+$1M$1M
GX6T P I Composites IncNEW+38.3K38.3K+$946,000$946,000
CTVACorteva IncNEW+18.8K18.8K+$555,000$555,000
FSLRFirst Solar IncNEW+3.8K3.8K+$246,000$246,000
VVisa Inc.NEW+1.3K1.3K+$217,000$217,000

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

Holdings — Q2 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TROWT Rowe Price Group Inchistory →COM53.40%$131M1.19M
2ENPHEnphase Energy Inchistory →COM3.07%$8M413.0K
3AAPLApple Computer Inchistory →COM1.70%$4M21.0K
4CYEURCypress Semiconductrhistory →COM1.47%$4M162.5K
5QCOMQualcomm Inchistory →COM1.47%$4M47.5K
6MSFTMicrosoft Corphistory →COM1.46%$4M26.7K
7JNJJohnson & Johnsonhistory →COM1.29%$3M22.7K
8GLWCorning Inchistory →COM1.18%$3M87.2K
9Glaxosmithkline Plc AdrfSPONSORED ADR1.16%$3M70.9K
10ALAir Leasehistory →CL A1.11%$3M65.8K
11Sprott Physical Gold & Silver Trust UnitCL A1.02%$3M189.2K
12TRGPTarga Resources CorpCOM0.99%$2M62.0K
13ABJAABB LimitedSPONSORED ADR0.97%$2M118.7K
14Kornit Digital Ltd.SHS0.96%$2M74.6K
15BPBP Plc AdrSPONSORED ADR0.95%$2M55.9K
16METMetlife IncCOM0.94%$2M46.5K
17CVSC V S Corp DelCOM0.91%$2M40.8K
18KNKnowles CorporationCOM0.91%$2M121.4K
19MYGNMyriad Genetics IncCOM0.90%$2M79.5K
20MIC2USDMacquarie InfrastructurCOM0.89%$2M53.7K
21NOKNokia Corp Spon AdrSPONSORED ADR0.85%$2M415.1K
22DSKEUSDDaseke IncCOM0.83%$2M564.1K
23MDC1USDM D C Holding IncCOM0.82%$2M61.5K
24IBMIntl Business MachinesCOM0.79%$2M14.0K
25CVA1EURCovanta Holding CorpCOM0.69%$2M93.8K
26CELGCelgene CorpCOM0.67%$2M17.7K
27WYWeyerhaeuser CoCOM0.65%$2M60.5K
28PGProcter & Gamble CoCOM0.59%$1M13.1K
29USBU.S. BancorpCOM NEW0.54%$1M25.4K
30Tower Semiconductor NewfSHS NEW0.54%$1M83.8K
31ROKURoku Inc Cl ACOM CL A0.53%$1M14.4K
32GLUUGlu Mobile IncCOM0.49%$1M168.7K
33Aquaventure Hldgs LdSHS0.49%$1M60.0K
34MGYMagnolia Oil & Gas CorpCL A0.47%$1M100.6K
35ZYMEUSDZymeworks IncCOM0.47%$1M52.2K
36PSXPhillipsCOM0.46%$1M12.2K
37Seagate TechnologySHS0.45%$1M23.3K
38EFTTechtarget IncCOM0.44%$1M50.8K
39VODVodafone Group Plc AdrSPONSORED ADR0.41%$1M61.7K
40RLHRed Lion Hotels CorpCOM0.41%$1M141.6K
41GX6T P I Composites IncCOM0.39%$946,00038.3K
42BMYBristol-Myers Squibb CoCOM0.37%$913,00020.1K
43AMZNAmazon Com IncCOM0.37%$901,000476
44MRKMerck & Co IncCOM0.36%$894,00010.7K
45Aegon Nv Ord Reg AmerNY REGISTRY SHS0.36%$872,000176.2K
46ENZBEnzo Biochem IncCOM0.34%$832,000247.1K
47BECNUSDBeacon Roofing SupplyCOM0.33%$805,00021.9K
48Blackrock Resources &SHS0.33%$802,00098.2K
49Spartan Motors IncCOM0.32%$783,00071.5K
50ORBCOrbcomm IncCOM0.30%$741,000102.3K

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 ↗.