Marshall & Sullivan Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), Marshall & Sullivan Inc. reported 40 stock positions worth $208.2 million. Its top holding was iShares Russell 2000 ETF (IWM) at 12.1% of the portfolio, followed by Microsoft (MSFT, 7.6%) and Linde (LIN, 3.7%). Compared with Q2 2024, it sold out of 1, added to 3 and reduced 28. The biggest buy was PayPal (PYPL, shares +3%) and the biggest sale Lam Research (LRCX, shares −4%).
- Most Recent 13F
- Q3 2025
- Location
- SEATTLE, WA
- CIK
- 0000820123
- Portfolio Value
- $208.2M (Q3 2024)
- SEC Filing
- 0001420506-24-002085 ↗ filed Oct 9, 2024
Holdings Value
Holdings 40 stocks · $208.2M
| IWM iShares Russell 2000 ETF | 12.08% | 113,900 | $25.2M | Reduce -1.4% |
| MSFT Microsoft Corp. | 7.56% | 36,568 | $15.7M | Reduce -1.6% |
| LIN Linde PLC | 3.65% | 15,955 | $7.6M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 3.65% | 158,744 | $7.6M | Reduce -0.5% |
| FISV Fiserv Inc. | 3.64% | 42,142 | $7.6M | Reduce -2.2% |
| GOOGL Alphabet Inc. Class A | 3.57% | 44,876 | $7.4M | Reduce -2.4% |
| HD Home Depot Inc. | 3.44% | 17,696 | $7.2M | Reduce -1.4% |
| SYK Stryker Corp. | 3.43% | 19,790 | $7.1M | Reduce -2.1% |
| LLY Eli Lilly & Co. | 3.41% | 8,006 | $7.1M | No change |
| MA Mastercard Inc. Class A | 3.41% | 14,361 | $7.1M | Reduce -2.1% |
| UNH Unitedhealth Group Inc. | 3.36% | 11,982 | $7.0M | Reduce -1.8% |
| BKNG Booking Holdings Inc. | 3.09% | 1,529 | $6.4M | Reduce -2.4% |
| AAPL Apple Inc. | 3.06% | 27,360 | $6.4M | Add +0.0% |
| DHR Danaher Corp. | 3.05% | 22,870 | $6.4M | Reduce -1.4% |
| AMZN Amazon.com Inc. | 2.92% | 32,595 | $6.1M | Reduce -2.0% |
| ADBE Adobe Inc. | 2.83% | 11,392 | $5.9M | Reduce -2.1% |
| CCK Crown Holdings Inc. | 2.63% | 57,113 | $5.5M | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 2.60% | 8,746 | $5.4M | Reduce -2.4% |
| LRCX Lam Research Corp. | 2.59% | 6,603 | $5.4M | Reduce -4.0% |
| META Meta Platforms Inc. Class A | 2.52% | 9,162 | $5.2M | Reduce -1.9% |
| PEP Pepsico Inc. | 2.48% | 30,358 | $5.2M | Reduce -0.3% |
| SCHW Schwab (charles) Corp. | 2.37% | 75,994 | $4.9M | Reduce -1.4% |
| JNJ Johnson & Johnson | 2.31% | 29,681 | $4.8M | Reduce -0.9% |
| RTX RTX Corp. | 2.26% | 38,893 | $4.7M | Reduce -0.5% |
| FTV Fortive Corp. | 2.25% | 59,392 | $4.7M | Reduce -0.7% |
| EEM iShares MSCI Emerging Market | 2.19% | 99,548 | $4.6M | Add +0.1% |
| MNST Monster Beverage Corp. | 2.18% | 87,048 | $4.5M | Reduce -0.9% |
| BDX Becton Dickinson and Co. | 2.17% | 18,763 | $4.5M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.27% | 4,619 | $2.7M | No change |
| PYPL PayPal Holdings Inc. | 1.11% | 29,565 | $2.3M | Add +3.4% |
| GBCI Glacier Bancorp Inc. | 0.58% | 26,542 | $1.2M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 0.57% | 1,343 | $1.2M | No change |
| NKE Nike Inc. Class B | 0.49% | 11,494 | $1.0M | No change |
| SBUX Starbucks Corp. | 0.48% | 10,329 | $1.0M | Reduce -2.8% |
| NEE Nextera Energy Inc. | 0.16% | 3,932 | $332K | No change |
| GOOG Alphabet Inc. Class C | 0.15% | 1,878 | $314K | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.13% | 2,450 | $278K | No change |
| ROK Rockwell Automation Inc. | 0.12% | 950 | $255K | No change |
| GLD SPDR Gold Shares | 0.12% | 1,000 | $243K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.10% | 4,040 | $204K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| LRCX Lam Research Corp. | Reduce -4.0% | 2.59% | −1.07 |
| MSFT Microsoft Corp. | Reduce -1.6% | 7.56% | −0.74 |
| GOOGL Alphabet Inc. Class A | Reduce -2.4% | 3.57% | −0.61 |
| SCHW Schwab (charles) Corp. | Reduce -1.4% | 2.37% | −0.47 |
| ADBE Adobe Inc. | Reduce -2.1% | 2.83% | −0.40 |
| AMZN Amazon.com Inc. | Reduce -2.0% | 2.92% | −0.29 |
| VLTO Veralto Corp. | Sold out | 0.00% | −0.10 |
| PEP Pepsico Inc. | Reduce -0.3% | 2.48% | −0.03 |
| BDX Becton Dickinson and Co. | Reduce -0.5% | 2.17% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 0.15% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -0.9% | 2.18% | −0.01 |
| BKNG Booking Holdings Inc. | Reduce -2.4% | 3.09% | −0.01 |
| SYK Stryker Corp. | Reduce -2.1% | 3.43% | −0.00 |
| FTV Fortive Corp. | Reduce -0.7% | 2.25% | +0.04 |
| SBUX Starbucks Corp. | Reduce -2.8% | 0.48% | +0.07 |
| GBCI Glacier Bancorp Inc. | Reduce -0.9% | 0.58% | +0.08 |
| LIN Linde PLC | Reduce -1.8% | 3.65% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 2.60% | +0.12 |
| JNJ Johnson & Johnson | Reduce -0.9% | 2.31% | +0.12 |
| DHR Danaher Corp. | Reduce -1.4% | 3.05% | +0.16 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.5% | 3.65% | +0.16 |
| META Meta Platforms Inc. Class A | Reduce -1.9% | 2.52% | +0.17 |
| MA Mastercard Inc. Class A | Reduce -2.1% | 3.41% | +0.17 |
| UNH Unitedhealth Group Inc. | Reduce -1.8% | 3.36% | +0.26 |
| RTX RTX Corp. | Reduce -0.5% | 2.26% | +0.30 |
| HD Home Depot Inc. | Reduce -1.4% | 3.44% | +0.36 |
| IWM iShares Russell 2000 ETF | Reduce -1.4% | 12.08% | +0.38 |
| FISV Fiserv Inc. | Reduce -2.2% | 3.64% | +0.43 |
| CCK Crown Holdings Inc. | Reduce -1.2% | 2.63% | +0.48 |
Portfolio Buys Q2 2024 → Q3 2024
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 43 | $215.7M | IWM, MSFT, GOOGL, VWO, LRCX |
| Q2 2025 | 118 | $208.1M | IWM, MSFT, VWO, BKNG, MA |
| Q1 2025 | 42 | $197.0M | IWM, MSFT, FISV, MA, LIN |
| Q4 2024 | 41 | $204.6M | IWM, MSFT, GOOGL, FISV, MA |
| Q3 2024 | 40 | $208.2M | IWM, MSFT, LIN, VWO, FISV |
| Q2 2024 | 41 | $200.2M | IWM, MSFT, GOOGL, LRCX, LLY |
| Q1 2024 | 41 | $202.1M | IWM, MSFT, LIN, GOOGL, SYK |