SEC 13F Intelligence

Managers / Q2 2020 · view latest →

MARATHON CAPITAL MANAGEMENT

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

Reported Value
$260M
Q2 2020
Positions
140
Filings on Record
32
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Marathon Capital Management reported $260M in U.S.-listed holdings across 140 positions for Q2 2020.

The portfolio is heavily concentrated: TROW alone accounts for 46.8% of reported value.

Compared with Q1 2020, the fund opened 29 new positions and exited 11.

Portfolio Metrics

Turnover
+2.9%
vs prior filed quarter
Top-10 Concentration
+61.5%
share of reported value
Largest Position
+46.8%
T Rowe Price
New / Exited
29 / 11
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: 88.3%Other: 5.3%ADR: 3.0%REIT: 1.7%PUBLIC: 0.8%Other: 1.0%
  • Common Stock · 88.3% · $230M
  • Other · 5.3% · $14M
  • ADR · 3.0% · $8M
  • REIT · 1.7% · $4M
  • PUBLIC · 0.8% · $2M
  • Other · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DOCUSDPhysicians Realty TrNEW+93.5K93.5K+$2M$2M
SPARUSDShyft Group IncNEW+88.8K88.8K+$1M$1M
QTRXQuanterix CorpNEW+38.1K38.1K+$1M$1M
Ishares Tr Nasdaq BiotechNEW+4.9K4.9K+$672,000$672,000
MAXRUSDMaxar Technologies IncNEW+36.6K36.6K+$539,000$539,000
BBBYEURBed Bath & BeyondNEW+60.0K60.0K+$501,000$501,000
GMEGamestop Corp Cl A NewNEW+95.5K95.5K+$312,000$312,000
TEVATeva Pharm Inds Ltd AdrfNEW+25.8K25.8K+$277,000$277,000

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

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TROWT Rowe Price Group Inchistory →COM46.83%$122M987.1K
2ENPHEnphase Energy Inchistory →COM2.19%$6M120.1K
3Glaxosmithkline Plc AdrfSPONSORED ADR1.84%$5M117.7K
4MSFTMicrosoft Corphistory →COM1.61%$4M20.5K
5METMetlife Inchistory →COM1.61%$4M114.5K
6GLWCorning Inchistory →COM1.58%$4M158.6K
7AAPLApple Computer Inchistory →COM1.51%$4M10.7K
8JNJJohnson & Johnsonhistory →COM1.50%$4M27.8K
9BMYBristol-Myers Squibb Cohistory →COM1.47%$4M65.2K
10QCOMQualcomm Inchistory →COM1.32%$3M37.6K
11CVSC V S Corp Delhistory →COM1.26%$3M50.6K
12IBMIntl Business Machineshistory →COM1.17%$3M25.2K
13NOKNokia Corp Spon Adrhistory →SPONSORED ADR1.16%$3M686.7K
14ACAArcosa Inchistory →COM1.14%$3M70.2K
15ABJAABB Limitedhistory →SPONSORED ADR1.13%$3M130.5K
16MDC1USDM D C Holding Inchistory →COM1.12%$3M81.6K
17TPCTutor Perini Corphistory →COM1.09%$3M233.7K
18Limelight NetworksCOM1.07%$3M379.7K
19ABBVAbbvie Inchistory →COM1.07%$3M28.3K
20ARCCAres Capital CorpCOM0.91%$2M163.6K
21GX6T P I Composites IncCOM0.90%$2M100.1K
22PSXPhillipsCOM0.89%$2M32.2K
23BRK/BBerkshire Hathaway Cl BCL B NEW0.79%$2M11.5K
24Kornit Digital Ltd.SHS0.72%$2M35.3K
25USBU.S. BancorpCOM NEW0.71%$2M50.5K
26ZYMEUSDZymeworks IncCOM0.66%$2M47.7K
27AMZNAmazon Com IncCOM0.66%$2M623
28DOCUSDPhysicians Realty TrCOM0.63%$2M93.5K
29CYRXCryoport IncCOM PAR $0.0010.61%$2M52.8K
30PGProcter & Gamble CoCOM0.61%$2M13.3K
31SPARUSDShyft Group IncCOM0.57%$1M88.8K
32WYWeyerhaeuser CoCOM NEW0.57%$1M66.2K
33KNKnowles CorporationCOM0.54%$1M92.6K
34CHVChevrontexaco CorpCOM0.53%$1M15.5K
35HONGBPHoneywell InternationalCOM0.53%$1M9.5K
36Bank Of America7.25%CNV PFD L0.50%$1M979
37Aegon Nv Ord Reg AmerNY REGISTRY SHS0.49%$1M431.5K
38TRGPTarga Resources CorpCOM0.48%$1M62.8K
39CVA1EURCovanta Holding CorpCOM0.48%$1M130.0K
40BPBP Plc AdrSPONSORED ADR0.47%$1M52.6K
41MPCMarathon Pete CorpCOM0.45%$1M31.6K
42ROKURoku Inc Cl ACOM CL A0.44%$1M9.9K
43QTRXQuanterix CorpCOM0.40%$1M38.1K
44HDSNHudson Technologies IncCOM0.40%$1M1.02M
45MRKMerck & Co IncCOM0.38%$979,00012.7K
46Seagate TechnologySHS0.37%$974,00020.1K
47PGNYProgyny IncCOM0.36%$933,00036.1K
48Euronav NvSHS0.36%$928,000113.9K
49PEPPepsico IncorporatedCOM0.31%$805,0006.1K
50Wells Fargo LPERP PFD CNV A0.30%$789,000608

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 ↗.