SEC 13F Intelligence

Managers / Q1 2026

MARSHALL INVESTMENT MANAGEMENT, LLC

CIK 0002022427 · 10822 WEST TOLLER DRIVE, SUITE 195, LITTLETON, CO, 80127 · 3039916415

Reported Value
$208M
Q1 2026
Positions
274
Filings on Record
6
2019–present window
Filed
May 8, 2026
original filing

Summary

Marshall Investment Management, LLC reported $208M in U.S.-listed holdings across 274 positions for Q1 2026.

Its largest position, GQ9, represents 9.7% of the portfolio.

Compared with Q4 2025, the fund opened 201 new positions and exited 3.

Portfolio Metrics

Turnover
+18.0%
vs prior filed quarter
Top-10 Concentration
+41.9%
share of reported value
Largest Position
+9.7%
Spdr Gold Tr
New / Exited
201 / 3
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 ’24: $170MQ4 ’24Q1 ’25: $161MQ1 ’25Q2 ’25: $21MQ2 ’25Q3 ’25: $189MQ3 ’25Q4 ’25: $199MQ4 ’25Q1 ’26: $208MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 63.7%Common Stock: 34.1%ADR: 1.8%MLP: 0.3%Closed-End Fund: 0.0%Other: 0.0%
  • ETP · 63.7% · $133M
  • Common Stock · 34.1% · $71M
  • ADR · 1.8% · $4M
  • MLP · 0.3% · $628,916
  • Closed-End Fund · 0.0% · $81,516
  • Other · 0.0% · $60,576

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INVESCO EXCHANGE TRADED FD TNEW+96.2K96.2K+$10M$10M
FIDELITY COVINGTON TRUSTNEW+168.5K168.5K+$6M$6M
FIRST TR EXCHANGE-TRADED FDNEW+108.1K108.1K+$4M$4M
TCW ETF TRUSTNEW+101.5K101.5K+$4M$4M
FIRST TR EXCHANGE-TRADED FDNEW+22.9K22.9K+$1M$1M
EXMOCEXXON MOBIL CORPNEW+1.4K1.4K+$229,815$229,815
MUMICRON TECHNOLOGY INCNEW+627627+$211,779$211,779
VANGUARD INDEX FDSNEW+828828+$179,884$179,884

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

Holdings — Q1 2026

32 positions
#IssuerClass% PortfolioValueShares
1RDVYFIRST TR EXCHANGE TRADED FDhistory →RISNG DIVD ACHIV · EMERGING MARKETS · RBA INDL ETF · SHS · DORSEY WRT 5 ETF · CAP STRENGTH ETF · NASD TECH DIV · SMID RISNG ETF · NASDAQ-100 SEL · ENERGY INM PARTN · NASDQ CLN EDGE · NASDQ PHRMTCLS · INDXX AEROSPACE16.68%$35M609.2K
2GQ9SPDR GOLD TRhistory →GOLD SHS9.71%$20M47.0K
3INVESCO EXCHANGE TRADED FD TS&P500 PUR VAL · S&P SMLCP MOMENT5.91%$12M122.4K
4FIDELITY COVINGTON TRUSTENHANCED LARGE · FIDELITY FUND LR5.60%$12M377.0K
5PIMCO EQUITY SERRAFI DYN ML US5.45%$11M194.5K
6BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW4.60%$10M20.0K
7MSFTMICROSOFT CORPhistory →COM3.59%$7M20.2K
8AMZNAMAZON COM INChistory →COM3.22%$7M32.2K
9AAPLAPPLE INChistory →COM2.37%$5M19.5K
10JPMJPMORGAN CHASE & COhistory →COM2.31%$5M16.4K
11GOOGALPHABET INChistory →CAP STK CL C2.24%$5M16.3K
12NVDANVIDIA CORPORATIONhistory →COM2.24%$5M26.7K
13GLOBAL X FDSLITHIUM BTRY ETF · US INFR DEV ETF2.20%$5M75.6K
14MFS ACTIVE EXCHANGE TRADED FCORE PLUS BD ETF2.16%$5M181.1K
15TCW ETF TRUSTFLEXIBLE INCOME1.91%$4M101.5K
16TSMTAIWAN SEMICONDUCTOR MANUFAChistory →SPONSORED ADS1.81%$4M11.1K
17WMTWALMART INChistory →COM1.80%$4M30.1K
18LLYELI LILLY & COhistory →COM1.74%$4M3.9K
19BACVERIZON COMMUNICATIONS INChistory →COM1.69%$4M70.4K
20SPDR SERIES TRUSTSTATE STREET SPD1.68%$4M18.9K
21DUKDUKE ENERGY CORP NEWhistory →COM NEW1.66%$3M26.4K
22CRWDCROWDSTRIKE HLDGS INChistory →CL A1.55%$3M8.3K
23FIRST TR EXCH TRADED FD IIIINSTL PFD SECS1.44%$3M158.4K
24AMGNAMGEN INChistory →COM1.31%$3M7.8K
25ARK ETF TRNEXT GNRTN INTER · SPACE & DEFENSE1.29%$3M50.9K
26INVESCO EXCH TRADED FD TR IIINVESCO PHLX SM1.21%$3M42.3K
27JNJJOHNSON & JOHNSONhistory →COM1.17%$2M9.9K
28VANECK ETF TRUSTURANIUM AND NUCL1.00%$2M15.6K
29STATE STR SPDR S&P 500 ETF TTR UNIT0.84%$2M2.7K
30SELECT SECTOR SPDR TRSTATE STREET IND0.75%$2M9.7K
31VANGUARD INDEX FDSS&P 500 ETF SHS0.68%$1M2.4K
32JOHN HANCOCK EXCHANGE TRADEDMULTIFACTOR MI0.45%$927,82913.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$208M274May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$199M76Feb 9, 202613F-HRchanges · EDGAR ↗
Q3 2025$189M75Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$21M59Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$161M252May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$170M135Feb 4, 202513F-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 ↗.