Marnell Management LLC
13F Reported Value
ⓘ$260.4M
incl. option notional
Equity Holdings
ⓘ$196.6M
Option Notional
ⓘ$63.7M
$58.9M puts / $4.8M calls
Holdings
69
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Marnell Management LLC disclosed 69 positions worth $260.4M in its Form 13F-HR for Q2 2026 — $196.6M in common stock plus $63.7M of put/call option positions (reported at underlying notional value, not premium at risk), led by $QQQ (INVESCO QQQ TRUST, SERIES 1) puts, followed by $SBLK and $CNR. During the quarter the fund opened 7 new positions and exited 10 — including a new stake in $BORR and a full exit from $SPY. The portfolio is most concentrated in Industrials (41.5% of disclosed assets). All figures are sourced directly from Marnell Management LLC’s Form 13F-HR filing with the SEC under CIK 1852314.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- $58.9M80,000 sh
- —
Quality
$12.9M515,698 sh - 61.5#775
Quality
$10.3M128,778 sh - —
Quality
$9.0M541,871 sh - 33.8
Quality
$8.0M324,991 sh - —
Quality
$6.9M262,876 sh - 64.3
Quality
$6.6M98,490 sh - 52.5
Quality
$6.5M79,511 sh - 50.1
Quality
$6.1M156,292 sh - 56.8
Quality
$5.9M163,713 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 INVESCO QQQ TRUST, SERIES 1$QQQPUT | — | $58.9M | 80,000 |
 Star Bulk Carriers Corp.$SBLK | — | $12.9M | 515,698 |
 Core Natural Resources, Inc.$CNR | 61.5#775 | $10.3M | 128,778 |
 DHT Holdings, Inc.$DHT | — | $9.0M | 541,871 |
 TERAWULF INC.$WULF | 33.8 | $8.0M | 324,991 |
 TORM plc$TRMD | — | $6.9M | 262,876 |
 TIDEWATER INC$TDW | 64.3 | $6.6M | 98,490 |
 WARRIOR MET COAL, INC.$HCC | 52.5 | $6.5M | 79,511 |
 VORNADO REALTY TRUST$VNO | 50.1 | $6.1M | 156,292 |
 Garrett Motion Inc.$GTX | 56.8 | $5.9M | 163,713 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Marnell Management LLC's 69 positions.
Showing top 10 of 69 holdings.
Sector Allocation
Industrials
$81.6M
Real Estate
$34.3M
Energy
$29.7M
Financials
$22.9M
Materials
$10.4M
Utilities
$6.9M
Consumer Discretionary
$6.8M
Communication Services
$3.6M
Full Holdings — Marnell Management LLC (Q2 2026)
All 69 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 | $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $58.9M | — | +167% | — |
| 2 | $SBLK | Star Bulk Carriers Corp. | $12.9M | 6.5% | +20% | — |
| 3 | $CNR | Core Natural Resources, Inc. | $10.3M | 5.2% | +74% | 61.5 |
| 4 | $DHT | DHT Holdings, Inc. | $9.0M | 4.5% | +618% | — |
| 5 | $WULF | TERAWULF INC. | $8.0M | 4.1% | -53% | 33.8 |
| 6 | $TRMD | TORM plc | $6.9M | 3.5% | +6% | — |
| 7 | $TDW | TIDEWATER INC | $6.6M | 3.3% | +79% | 64.3 |
| 8 | $HCC | WARRIOR MET COAL, INC. | $6.5M | 3.3% | +42% | 52.5 |
| 9 | $VNO | VORNADO REALTY TRUST | $6.1M | 3.1% | +10% | 50.1 |
| 10 | $GTX | Garrett Motion Inc. | $5.9M | 3.0% | -10% | 56.8 |
| 11 |  $FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $5.9M | 3.0% | +13% | 52.9 |
| 12 |  $DEI | Douglas Emmett Inc | $5.9M | 3.0% | +14% | 49.9 |
| 13 |  $JBGS | JBG SMITH Properties | $5.6M | 2.9% | -16% | 29.7 |
| 14 |  $TLN | Talen Energy Corp | $5.6M | 2.8% | +10% | 57.2 |
| 15 |  $COMP | Compass, Inc. | $5.2M | 2.6% | +56% | 61.2 |
| 16 |  $ECO | Okeanis Eco Tankers Corp. | $4.8M | 2.5% | +81% | — |
| 17 |  $NMM | Navios Maritime Partners L.P. | $4.7M | 2.4% | +17% | 36 |
| 18 |  $ALX | ALEXANDERS INC | $4.7M | 2.4% | +7% | 55.3 |
| 19 |  $CMBT | CMB.TECH NV | $4.4M | 2.2% | +121% | — |
| 20 |  $SHW | SHERWIN WILLIAMS CO | $4.3M | 2.2% | +35% | 61.3 |
| 21 |  $BORR | Borr Drilling Ltd | $3.8M | 1.9% | NEW | — |
| 22 |  $NXRT | NexPoint Residential Trust, Inc. | $3.7M | 1.9% | -3% | 38.9 |
| 23 |  $RIG | Transocean Ltd. | $3.6M | 1.8% | +118% | — |
| 24 |  $ECHO | EchoStar CORP | $3.6M | 1.8% | +615% | 32.8 |
| 25 |  $EXP | EAGLE MATERIALS INC | $3.4M | 1.7% | +26% | 57 |
| 26 |  $ASC | Ardmore Shipping Corp | $3.3M | 1.7% | -21% | 46.9 |
| 27 |  $CENX | CENTURY ALUMINUM CO | $3.3M | 1.7% | +58% | 63.3 |
| 28 |  $HSHP | Himalaya Shipping Ltd. | $2.9M | 1.5% | +32% | — |
| 29 |  $TNK | TEEKAY TANKERS LTD. | $2.9M | 1.5% | +88% | — |
| 30 |  $FRO | Frontline plc | $2.8M | 1.4% | +37% | — |
| 31 |  $LEN | LENNAR CORP /NEW/ | $2.5M | 1.3% | +43% | 47.2 |
| 32 |  $INSW | International Seaways, Inc. | $2.4M | 1.2% | +30% | 71.8 |
| 33 |  $FBIN | Fortune Brands Innovations, Inc. | $2.4M | 1.2% | -7% | 49.2 |
| 34 |  $NVGS | Navigator Holdings Ltd. | $1.9M | 0.9% | +99% | — |
| 35 |  $BWACALL | BORGWARNER INC | $1.8M | — | +0% | 56 |
| 36 |  $STNG | Scorpio Tankers Inc. | $1.7M | 0.9% | -6% | — |
| 37 |  $METC | Ramaco Resources, Inc. | $1.6M | 0.8% | +4% | 20.2 |
| 38 |  $HPP | Hudson Pacific Properties, Inc. | $1.6M | 0.8% | -14% | 28.2 |
| 39 |  $MLM | MARTIN MARIETTA MATERIALS INC | $1.5M | 0.8% | +78% | 62.9 |
| 40 | $ECHOCALL | EchoStar CORP | $1.5M | — | NEW | 32.8 |
| 41 |  $GLD | SPDR GOLD TRUST | $1.5M | 0.8% | +0% | — |
| 42 |  $HUT | Hut 8 Corp. | $1.5M | 0.8% | -24% | 37.4 |
| 43 |  $CORZ | Core Scientific, Inc./tx | $1.5M | 0.8% | -65% | 14.1 |
| 44 |  $GLXY | Galaxy Digital Inc. | $1.5M | 0.8% | NEW | 62.7 |
| 45 |  $HAFNCALL | Hafnia Ltd | $1.4M | — | -29% | — |
| 46 |  $VAL | Valaris Ltd | $1.4M | 0.7% | +12% | — |
| 47 |  $VST | Vistra Corp. | $1.4M | 0.7% | NEW | 71.9 |
| 48 |  $AMR | Alpha Metallurgical Resources, Inc. | $1.3M | 0.7% | +154% | 37.8 |
| 49 |  $BTU | PEABODY ENERGY CORP | $1.2M | 0.6% | +272% | 36 |
| 50 |  $KKR | KKR & Co. Inc. | $1.2M | 0.6% | +27% | 54.3 |
| 51 |  $CIFR | Cipher Digital Inc. | $1.2M | 0.6% | -77% | 30.6 |
| 52 |  $NVR | NVR INC | $1.1M | 0.6% | NEW | 56.3 |
| 53 |  $SHIP | Seanergy Maritime Holdings Corp. | $1.1M | 0.5% | +99% | — |
| 54 |  $GNK | GENCO SHIPPING & TRADING LTD | $946,918 | 0.5% | -56% | — |
| 55 |  $BLDR | Builders FirstSource, Inc. | $928,087 | 0.5% | -48% | 45.9 |
| 56 |  $QXO | QXO, Inc. | $917,430 | 0.5% | +37% | 49 |
| 57 |  $OPI | OFFICE PROPERTIES INCOME TRUST | $865,164 | 0.4% | NEW | — |
| 58 |  $MT | ArcelorMittal | $733,961 | 0.4% | -5% | — |
| 59 |  $FRMI | Fermi Inc. | $659,199 | 0.3% | NEW | — |
| 60 |  $OC | Owens Corning | $570,666 | 0.3% | +0% | 49.2 |
| 61 |  $WLK | WESTLAKE CORP | $540,346 | 0.3% | +95% | 32.3 |
| 62 |  $NBIS | Nebius Group N.V. | $406,246 | 0.2% | -94% | — |
| 63 |  $WH | WYNDHAM HOTELS & RESORTS, INC. | $391,324 | 0.2% | +0% | 51.3 |
| 64 |  $CLF | CLEVELAND-CLIFFS INC. | $371,966 | 0.2% | +0% | 38.3 |
| 65 |  $BRK.B | BERKSHIRE HATHAWAY INC | $355,277 | 0.2% | +0% | 73.8 |
| 66 |  $LEN.B | LENNAR CORP /NEW/ | $329,735 | 0.2% | +0% | 47.2 |
| 67 | $HAFN | Hafnia Ltd | $257,366 | 0.1% | -77% | — |
| 68 |  $TEN | TSAKOS ENERGY NAVIGATION LTD | $253,178 | 0.1% | +26% | — |
| 69 |  $CLSK | CLEANSPARK, INC. | $237,834 | 0.1% | -94% | 37.4 |
New Positions (7)
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