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Portfolio (Quarterly) Guide ↗

Marnell Management LLC

· CIK 0001852314
13F Portfolio $288M AUM 72 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 21 New 21 Added 29 Reduced 11 Exited
Page 4 of 4  ·  72 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 SEANERGY MARITIME HLDGS CORP 39,559.0 $511K 0.18% NEW $12.91
62 OLN OLIN CORP Basic Materials 16,309.0 $485K 0.17% -29K -64.3% $29.73 -11.6%
63 BTU PEABODY ENGR CORP Energy 14,312.0 $472K 0.16% -8K -37.1% $32.95 -21.0%
64 WLK WESTLAKE CORPORATION Basic Materials 3,802.0 $444K 0.15% -8K -67.5% $116.82 -23.7%
65 OC OWENS CORNING NEW Industrials 3,590.0 $389K 0.14% NEW $108.22 +10.5%
66 WH WYNDHAM HOTELS & RESORTS INC Consumer Cyclical 4,647.0 $377K 0.13% +600.0 +14.8% $81.23 -0.8%
67 BERKSHIRE HATHAWAY INC DEL 710.0 $340K 0.12% -80.0 -10.1% $479.20
68 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 39,613.0 $335K 0.12% +11K +38.9% $8.45 +39.2%
69 CZR CAESARS ENTERTAINMENT INC NE Consumer Cyclical 12,653.0 $334K 0.12% -9K -42.3% $26.43 +6.8%
70 LENNAR CORP 3,717.0 $313K 0.11% +517.0 +16.2% $84.12
71 WFG WEST FRASER TIMBER LTD Basic Materials 4,676.0 $305K 0.11% -3K -40.8% $65.29 -2.0%
72 TSAKOS ENERGY NAVIGATION LTD 5,691.0 $225K 0.08% -28K -83.3% $39.46
Page 4 of 4  ·  72 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 28.8%
Industrials 19.2%
Real Estate 16.3%
Financial Services 14.6%
Basic Materials 8.5%
Technology 5.3%
Consumer Cyclical 4.1%
Utilities 3.1%