Marathon Strategic Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Marathon Strategic Advisors, LLC reported 40 stock positions worth $107.6 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 10.4% of the portfolio, followed by SS SPDR P S&P 400 Midcap ETF (SPMD, 9.8%) and Ste STR SPDR PT DW Eu ETF (SPDW, 9.6%). Compared with Q1 2025, it opened 4 new positions, sold out of 1, added to 18 and reduced 5. The biggest buy was a new position in VG Morningstar TS MKT ETF-US (VTI) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- PITTSBURGH, PA
- CIK
- 0002021711
- Portfolio Value
- $107.6M (Q2 2025)
- SEC Filing
- 0002021711-25-000003 ↗ filed Jul 29, 2025
Holdings Value
Holdings 40 stocks · $107.6M
| SPYM Ste STR SPDR PT S&P 500 ETF | 10.43% | 154,363 | $11.2M | Add +1.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 9.78% | 193,545 | $10.5M | Add +20.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 9.62% | 255,803 | $10.4M | Add +1.4% |
| SPEM State Street SP PTF Em ETF | 9.59% | 241,408 | $10.3M | Add +3.4% |
| IVV iShares Core S&P 500 ETF | 9.16% | 15,885 | $9.9M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 5.34% | 100,794 | $5.7M | Add +0.1% |
| VNQI Vanguard GLBL Ex-US Real Est | 5.19% | 121,030 | $5.6M | Add +4.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.40% | 16,909 | $4.7M | No change |
| VWO Vanguard Ftse Emerging Marke | 4.23% | 92,133 | $4.6M | Add +5.0% |
| VNQ Vanguard Real Estate ETF | 3.90% | 47,082 | $4.2M | Add +6.4% |
| XFRAX BlackRock Fltng RT Inc. Strat | 3.42% | 280,236 | $3.7M | Add +9.0% |
| GDXJ Vaneck Junior Gold Miners | 3.33% | 53,079 | $3.6M | Reduce -7.3% |
| CHI Calamos Convert Opport & Inc. | 2.17% | 222,018 | $2.3M | Add +8.1% |
| DES Wisdomtree US Smallcap Divid | 1.82% | 61,793 | $2.0M | Add +4.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 1.80% | 45,428 | $1.9M | Add +15.7% |
| DLS Wisdomtree Intl S/C DVD Fund | 1.67% | 23,953 | $1.8M | Add +1.9% |
| DGS Wisdomtree Em Small Cap | 1.61% | 31,405 | $1.7M | Add +2.6% |
| INTC Intel Corp. | 1.34% | 64,268 | $1.4M | No change |
| VTIP Vanguard Short-Term Tips | 1.23% | 26,367 | $1.3M | Reduce -2.3% |
| CRDO Credo Technology Group Holdi | 1.15% | 13,333 | $1.2M | Add +77.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.96% | 3,404 | $1.0M | New |
| DON Wisdomtree US Midcap Dividen | 0.71% | 15,280 | $766K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.66% | 2,992 | $709K | No change |
| MSFT Microsoft Corp. | 0.65% | 1,401 | $697K | Add +4.9% |
| IJH iShares Core S&P Midcap ETF | 0.63% | 11,009 | $683K | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.52% | 8,872 | $560K | Add +1.6% |
| SYK Stryker Corp. | 0.48% | 1,316 | $521K | New |
| ROK Rockwell Automation Inc. | 0.46% | 1,500 | $498K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.40% | 8,135 | $429K | Reduce -2.9% |
| SCHF Schwab Intl Equity ETF | 0.40% | 19,335 | $427K | New |
| MCK McKesson Corp. | 0.40% | 583 | $427K | No change |
| AMZN Amazon.com Inc. | 0.39% | 1,907 | $418K | No change |
| AEP American Electric Power | 0.39% | 4,022 | $417K | No change |
| AAPL Apple Inc. | 0.33% | 1,713 | $351K | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 616 | $299K | No change |
| TT Trane Technologies PLC | 0.27% | 671 | $294K | No change |
| STPZ PIMCO 1-5 Year US Tips Index | 0.25% | 5,067 | $273K | Reduce -6.9% |
| PEP Pepsico Inc. | 0.23% | 1,906 | $252K | No change |
| EFA iShares MSCI Eafe ETF | 0.21% | 2,583 | $231K | No change |
| IWM iShares Russell 2000 ETF | 0.19% | 970 | $209K | New |
Portfolio Sells Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | Reduce -1.3% | 9.16% | −0.56 |
| ACGL Arch Capital Group Ltd. | Sold out | 0.00% | −0.22 |
| VTIP Vanguard Short-Term Tips | Reduce -2.3% | 1.23% | −0.22 |
| GDXJ Vaneck Junior Gold Miners | Reduce -7.3% | 3.33% | −0.19 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -2.9% | 0.40% | −0.07 |
| STPZ PIMCO 1-5 Year US Tips Index | Reduce -6.9% | 0.25% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| VTI VG Morningstar TS MKT ETF-US | New | 0.96% | +0.96 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +20.2% | 9.78% | +0.92 |
| CRDO Credo Technology Group Holdi | Add +77.8% | 1.15% | +0.82 |
| SYK Stryker Corp. | New | 0.48% | +0.48 |
| SCHF Schwab Intl Equity ETF | New | 0.40% | +0.40 |
| IWM iShares Russell 2000 ETF | New | 0.19% | +0.19 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +4.0% | 5.19% | +0.13 |
| MSFT Microsoft Corp. | Add +4.9% | 0.65% | +0.11 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +15.7% | 1.80% | +0.08 |
| CHI Calamos Convert Opport & Inc. | Add +8.1% | 2.17% | +0.05 |
| DGS Wisdomtree Em Small Cap | Add +2.6% | 1.61% | +0.02 |
| DLS Wisdomtree Intl S/C DVD Fund | Add +1.9% | 1.67% | +0.00 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +1.6% | 0.52% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +5.0% | 4.23% | −0.03 |
| AAPL Apple Inc. | Add +1.6% | 0.33% | −0.08 |
| XFRAX BlackRock Fltng RT Inc. Strat | Add +9.0% | 3.42% | −0.15 |
| VEA Vanguard Ftse Developed ETF | Add +0.1% | 5.34% | −0.16 |
| DES Wisdomtree US Smallcap Divid | Add +4.0% | 1.82% | −0.22 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.4% | 9.62% | −0.25 |
| SPEM State Street SP PTF Em ETF | Add +3.4% | 9.59% | −0.30 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +1.7% | 10.43% | −0.31 |
| VNQ Vanguard Real Estate ETF | Add +6.4% | 3.90% | −0.41 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 50 | $177.1M | INTC, SPMD, SPYM, SPEM, SPDW |
| Q1 2026 | 52 | $139.0M | SPMD, SPYM, SPEM, SPDW, IVV |
| Q4 2025 | 50 | $131.0M | SPMD, SPYM, SPEM, SPDW, IVV |
| Q3 2025 | 50 | $124.9M | SPMD, SPYM, SPEM, IVV, SPDW |
| Q2 2025 | 40 | $107.6M | SPYM, SPMD, SPDW, SPEM, IVV |
| Q1 2025 | 37 | $93.0M | SPYM, SPEM, SPDW, IVV, SPMD |
| Q4 2024 | 36 | $92.4M | SPYM, IVV, SPEM, SPDW, SPMD |
| Q3 2024 | 37 | $94.6M | SPYM, IVV, SPEM, SPDW, SPMD |
| Q2 2024 | 45 | $85.6M | SPYM, IVV, SPEM, SPDW, SPMD |
| Q1 2024 | 24 | $82.1M | Vanguard Global ex-US Real Est, iShares Short-Term Corporate B, SPYM, Vanguard REIT Index, SPEM |