Marble Bar Asset Management LLP

Portfolio Overview

Marble Bar Asset Management LLP disclosed 30 positions worth $101.8M in its Form 13F-HR for Q1 2026, led by $NSC (NORFOLK SOUTHERN CORP) at 52.1% of the equity portfolio, followed by $VISN and $WBD. During the quarter the fund opened 21 new positions and exited 3 — including a new stake in $NSC and a full exit from $HNI. The portfolio is most concentrated in Industrials (54.8% of disclosed assets). All figures are sourced directly from Marble Bar Asset Management LLP’s Form 13F-HR filing with the SEC under CIK 1346570.

• 

  NORFOLK SOUTHERN CORP

  $NSC

  70.8#289

  Quality

  $53.1M185,000 sh
• 

  Vistance Networks, Inc.

  $VISN

  43.9#1,797

  Quality

  $6.2M338,019 sh
• 

  Warner Bros. Discovery, Inc.

  $WBD

  42.1#1,870

  Quality

  $4.4M159,445 sh
• 

  NEWS CORP

  $NWS

  62.4

  Quality

  $4.3M150,768 sh
• 

  EchoStar CORP

  $ECHO

  29.5

  Quality

  $4.2M35,880 sh
• 

  Liberty Media Corp

  $FWONA

  51.0

  Quality

  $3.9M43,046 sh
• 

  Brightstar Lottery PLC

  $BRSL

  —

  Quality

  $2.5M198,208 sh
• 

  Anterix Inc.

  $ATEX

  45.2

  Quality

  $2.0M53,509 sh
• 

  Avidity Biosciences, Inc.

  $RNA

  22.3

  Quality

  $2.0M147,000 sh
• 

  HOLOGIC INC

  $HOLX

  62.3

  Quality

  $1.8M24,183 sh

Company	Quality	Value	Shares
NORFOLK SOUTHERN CORP$NSC	70.8#289	$53.1M	185,000
Vistance Networks, Inc.$VISN	43.9#1,797	$6.2M	338,019
Warner Bros. Discovery, Inc.$WBD	42.1#1,870	$4.4M	159,445
NEWS CORP$NWS	62.4	$4.3M	150,768
EchoStar CORP$ECHO	29.5	$4.2M	35,880
Liberty Media Corp$FWONA	51.0	$3.9M	43,046
Brightstar Lottery PLC$BRSL	—	$2.5M	198,208
Anterix Inc.$ATEX	45.2	$2.0M	53,509
Avidity Biosciences, Inc.$RNA	22.3	$2.0M	147,000
HOLOGIC INC$HOLX	62.3	$1.8M	24,183

Showing top 10 of 30 holdings.

Full Holdings — Marble Bar Asset Management LLP (Q1 2026)

All 30 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$NSC	NORFOLK SOUTHERN CORP	$53.1M	52.1%	NEW	70.8
2	$VISN	Vistance Networks, Inc.	$6.2M	6.0%	NEW	43.9
3	$WBD	Warner Bros. Discovery, Inc.	$4.4M	4.3%	+1328%	42.1
4	$NWS	NEWS CORP	$4.3M	4.2%	NEW	62.4
5	$ECHO	EchoStar CORP	$4.2M	4.1%	NEW	29.5
6	$FWONA	Liberty Media Corp	$3.9M	3.9%	NEW	51
7	$BRSL	Brightstar Lottery PLC	$2.5M	2.5%	NEW	—
8	$ATEX	Anterix Inc.	$2.0M	2.0%	+303%	45.2
9	$RNA	Avidity Biosciences, Inc.	$2.0M	1.9%	+2445%	22.3
10	$HOLX	HOLOGIC INC	$1.8M	1.8%	NEW	62.3
11	$ELME	Elme Communities	$1.8M	1.7%	+1540%	34.6
12	$LE	LANDS' END, INC.	$1.5M	1.5%	NEW	57.5
13	$PRTH	Priority Technology Holdings, Inc.	$1.4M	1.4%	NEW	59.2
14	$TBPH	Theravance Biopharma, Inc.	$1.4M	1.4%	NEW	68.9
15	$EA	ELECTRONIC ARTS INC.	$1.3M	1.3%	+209%	71.1
16	$VG	Venture Global, Inc.	$1.2M	1.2%	NEW	69
17	$KVUE	Kenvue Inc.	$1.1M	1.1%	+72%	60.2
18	$GRND	Grindr Inc.	$1.1M	1.0%	+222%	72.8
19	$OCUL	OCULAR THERAPEUTIX, INC	$1.0M	1.0%	NEW	12.8
20	$BCRX	BIOCRYST PHARMACEUTICALS INC	$898,574	0.9%	NEW	37.2
21	$GLNG	GOLAR LNG LTD	$799,421	0.8%	NEW	—
22	$RSVR	Reservoir Media, Inc.	$574,164	0.6%	NEW	54.6
23	$NOW	ServiceNow, Inc.	$552,024	0.5%	NEW	76
24	$CHTR	CHARTER COMMUNICATIONS, INC. /MO/	$549,415	0.5%	NEW	57.7
25	$LNG	Cheniere Energy, Inc.	$538,009	0.5%	NEW	48.4
26	$FLNG	Flex LNG Ltd.	$521,411	0.5%	NEW	—
27	$KHC	Kraft Heinz Co	$400,569	0.4%	NEW	42.5
28	$PZZA	PAPA JOHNS INTERNATIONAL INC	$301,219	0.3%	NEW	44.3
29	$LION	Lionsgate Studios Corp.	$269,652	0.3%	+0%	46.5
30	$SGRY	Surgery Partners, Inc.	$188,670	0.2%	+50%	48