Marnell Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Marnell Management LLC reported 57 stock positions worth $131.5 million. Its top holding was Star Bulk Carriers (SBLK) at 5.3% of the portfolio, followed by JBG Smith Properties (JBGS, 5.0%) and Warrior Met Coal (HCC, 5.0%).
- Most Recent 13F
- Q2 2026
- Location
- FARMINGTON HILLS, MI
- CIK
- 0001852314
- Portfolio Value
- $131.5M (Q4 2025)
- SEC Filing
- 0001852314-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 57 stocks · $131.5M
| SBLK Star Bulk Carriers Corp. | 5.28% | 361,191 | $6.9M | — |
| JBGS JBG Smith Properties | 4.99% | 385,463 | $6.6M | — |
| HCC Warrior Met Coal Inc. | 4.98% | 74,184 | $6.5M | — |
| WULF Terawulf Inc. | 4.95% | 565,928 | $6.5M | — |
| CNR Core Natural Resources Inc. | 4.59% | 68,143 | $6.0M | — |
| INSW International Seaways Inc. | 4.57% | 123,827 | $6.0M | — |
| NXRT Nexpoint Residential | 3.97% | 173,438 | $5.2M | — |
| GNK Genco Shipping & Trading Ltd. | 3.94% | 281,246 | $5.2M | — |
| NMM Navios Maritime Partners LP | 3.82% | 95,884 | $5.0M | — |
| TRMD Torm PLC-A | 3.66% | 245,902 | $4.8M | — |
| TDW Tidewater Inc. | 3.44% | 89,546 | $4.5M | — |
| FCNCA First Citizens Bcshs Class A | 3.44% | 2,105 | $4.5M | — |
| CENX Century Aluminum Company | 3.19% | 107,056 | $4.2M | — |
| GTX Garrett Motion Inc. | 3.00% | 225,971 | $3.9M | — |
| ASC Ardmore Shipping Corp. | 2.95% | 366,141 | $3.9M | — |
| NBIS Nebius Group NV | 2.82% | 44,276 | $3.7M | — |
| HUT Hut 8 Corp. | 2.65% | 75,942 | $3.5M | — |
| CORZ Core Scientific Inc. | 2.46% | 221,872 | $3.2M | — |
| SHW The Sherwin-Williams Co. | 2.18% | 8,864 | $2.9M | — |
| GLD SPDR Gold Shares | 2.02% | 6,700 | $2.7M | — |
| ALX Alexander's Inc. | 2.00% | 12,040 | $2.6M | — |
| FRO Frontline PLC | 1.81% | 109,319 | $2.4M | — |
| TLN Talen Energy Corp. | 1.64% | 5,760 | $2.2M | — |
| HAFN Hafnia Ltd. | 1.64% | 404,306 | $2.2M | — |
| EXP Eagle Materials Inc. | 1.42% | 9,050 | $1.9M | — |
| DHT DHT Holdings Inc. | 1.36% | 146,793 | $1.8M | — |
| CMBT CMB Tech NV | 1.35% | 184,253 | $1.8M | — |
| NLOP Net Lease Office Property | 1.33% | 68,027 | $1.8M | — |
| STNG Scorpio Tankers Inc. | 1.08% | 28,044 | $1.4M | — |
| TNK Teekay Tankers Ltd. Class A | 0.94% | 23,073 | $1.2M | — |
| RIG Transocean Ltd. | 0.91% | 289,877 | $1.2M | — |
| KKR KKR & Co. Inc. | 0.88% | 9,100 | $1.2M | — |
| AMR Alpha Metallurgical Resource | 0.85% | 5,584 | $1.1M | — |
| OLN Olin Corp. | 0.72% | 45,700 | $952K | — |
| VAL Valaris Ltd. | 0.71% | 18,647 | $940K | — |
| ECHO Echostar Corp. Class A | 0.71% | 8,600 | $935K | — |
| WLK Westlake Corp. | 0.66% | 11,700 | $865K | — |
| MLM Martin Marietta Materials | 0.61% | 1,295 | $806K | — |
| TEN Tsakos Energy Navigation Ltd. | 0.58% | 33,991 | $762K | — |
| MT Arcelormittal-NY Registered | 0.52% | 14,888 | $678K | — |
| BTU Peabody Energy Corp. | 0.51% | 22,757 | $676K | — |
| DAC Danaos Corp. | 0.51% | 7,119 | $670K | — |
| SEG Seaport Entertainment Group | 0.49% | 32,300 | $639K | — |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.44% | 9,078 | $583K | — |
| CZR Caesars Entertainment Inc. | 0.39% | 21,945 | $513K | — |
| FNV Franco-Nevada Corp. | 0.38% | 2,400 | $497K | — |
| WFG West Fraser Timber Co. Ltd. | 0.37% | 7,900 | $483K | — |
| VNO Vornado Realty Trust | 0.32% | 12,500 | $416K | — |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 790 | $397K | — |
| CLF Cleveland-Cliffs Inc. | 0.29% | 28,513 | $379K | — |
| VALE Vale SA-SP ADR | 0.26% | 25,800 | $336K | — |
| WH Wyndham Hotels & Resorts Inc. | 0.23% | 4,047 | $306K | — |
| LEN.B Lennar Corp. Class B | 0.23% | 3,200 | $304K | — |
| ECO Okeanis Eco Tankers Corp. | 0.21% | 8,057 | $273K | — |
| CDRE Cadre Holdings Inc. | 0.19% | 6,076 | $248K | — |
| GSL Global Ship Lease Inc. Class A | 0.17% | 6,515 | $228K | — |
| TROX Tronox Holdings PLC | 0.06% | 19,830 | $83K | — |
Options reported separately and not counted above: SPY puts ($68.2M), SBLK calls ($4.3M), NUE puts ($1.6M), CMBT calls ($494K), GNK calls ($79K).
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.