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Portfolio (Quarterly) Guide ↗

MARSHALL INVESTMENT MANAGEMENT, LLC

· CIK 0002022427
13F Portfolio $208M AUM 274 positions Filed May 8, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 201 New 43 Added 18 Reduced 3 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 GLD SPDR GOLD TR Financial Services 47,049.0 $20.2M 9.71% -1K -2.8% $430.29 -5.1%
2 FFLG FIDELITY COVINGTON TRUST 208,552.0 $5.8M 2.78% -79K -27.5% $27.81 +23.9%
3 AIRR FIRST TR EXCHANGE TRADED FD 35,103.0 $3.9M 1.86% -973.0 -2.7% $110.78 +16.8%
4 XAR SPDR SERIES TRUST 10,009.0 $2.5M 1.22% -2K -13.3% $253.97 +9.8%
5 SOXQ INVESCO EXCH TRADED FD TR II 42,327.0 $2.5M 1.21% -4K -9.5% $59.70 +67.5%
6 LIT GLOBAL X FDS 31,353.0 $2.3M 1.12% -4K -11.4% $74.35 +15.0%
7 FTCS FIRST TR EXCHANGE-TRADED FD 24,185.0 $2.2M 1.08% -212.0 -0.9% $92.76 +1.0%
8 NLR VANECK ETF TRUST 15,630.0 $2.1M 1.00% -1K -8.1% $133.19 -0.5%
9 XSMO INVESCO EXCHANGE TRADED FD T 26,156.0 $2.0M 0.95% -1K -4.1% $76.02 +17.4%
10 SPY STATE STR SPDR S&P 500 ETF T Financial Services 2,709.0 $1.8M 0.84% -5K -64.8% $650.21 +15.4%
11 QQEW FIRST TR EXCHANGE-TRADED FD 12,893.0 $1.6M 0.79% -269.0 -2.0% $126.98 +18.5%
12 ARKW ARK ETF TR 13,048.0 $1.6M 0.76% -6K -31.6% $120.61 +21.2%
13 XLI SELECT SECTOR SPDR TR 9,711.0 $1.6M 0.75% -1K -10.3% $161.74 +7.8%
14 SCHG SCHWAB STRATEGIC TR 13,506.0 $393K 0.19% -153.0 -1.1% $29.13 +18.7%
15 META META PLATFORMS INC Communication Services 411.0 $235K 0.11% -5K -91.7% $572.13 +11.0%
16 FMDE FIDELITY COVINGTON TRUST 2,129.0 $77K 0.04% -238K -99.1% $35.95 +9.6%
17 XLU SELECT SECTOR SPDR TR 1,153.0 $53K 0.03% -26K -95.7% $45.90 -1.7%
18 CIBR FIRST TR EXCHANGE-TRADED FD 184.0 $12K 0.01% -25K -99.3% $62.63 +31.0%

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
Financial Services 31.5%
Technology 28.4%
Healthcare 10.4%
Communication Services 9.7%
Consumer Cyclical 7.9%
Consumer Defensive 4.9%
Utilities 4.6%
Energy 1.2%
Industrials 1.1%
Basic Materials 0.3%