Marvin & Palmer Associates Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Marvin & Palmer Associates Inc. reported 28 stock positions worth $159.0 million. Its top holding was iShares Semiconductor ETF (SOXX) at 7.6% of the portfolio, followed by Nvidia (NVDA, 7.0%) and Citigroup (C, 6.9%). Compared with Q1 2026, it opened 16 new positions, sold out of 9, added to 6 and reduced 5. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale RTX (RTX, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- WILMINGTON, DE
- CIK
- 0000860645
- Portfolio Value
- $159.0M (Q2 2026)
- SEC Filing
- 0002080880-26-000019 ↗ filed Aug 7, 2026
Holdings Value
Holdings 28 stocks · $159.0M
| SOXX iShares Semiconductor ETF | 7.58% | 18,797 | $12.0M | New |
| NVDA Nvidia Corp. | 7.00% | 55,647 | $11.1M | Reduce -0.6% |
| C Citigroup Inc. | 6.94% | 78,786 | $11.0M | Add +136.7% |
| GS Goldman Sachs Group Inc. | 6.78% | 10,655 | $10.8M | Add +148.1% |
| MS Morgan Stanley | 6.28% | 47,734 | $10.0M | New |
| CAT Caterpillar Inc. | 6.27% | 9,362 | $10.0M | Add +77.7% |
| CSCO Cisco Systems Inc. | 5.48% | 74,113 | $8.7M | New |
| XBI SS SPDR S&P Biotech ETF | 5.40% | 54,286 | $8.6M | Add +80.1% |
| IBKR Interactive Brokers Gro Class A | 4.97% | 90,809 | $7.9M | New |
| PWR Quanta Services Inc. | 3.71% | 8,182 | $5.9M | Add +38.3% |
| DE Deere & Co. | 3.70% | 9,279 | $5.9M | Add +67.6% |
| KLAC KLA Corp. | 3.31% | 17,430 | $5.3M | New |
| TSM Taiwan Semiconductor-SP ADR | 3.20% | 10,636 | $5.1M | Reduce -5.3% |
| EWT iShares MSCI Taiwan ETF | 2.96% | 43,390 | $4.7M | New |
| EWJ iShares MSCI Japan ETF | 2.77% | 47,202 | $4.4M | New |
| MU Micron Technology Inc. | 2.62% | 3,613 | $4.2M | New |
| AME Ametek Inc. | 2.54% | 16,669 | $4.0M | Reduce -1.5% |
| EBAY eBay Inc. | 2.51% | 35,697 | $4.0M | New |
| SNDK Sandisk Corp. | 2.39% | 1,668 | $3.8M | New |
| LLY Eli Lilly & Co. | 2.31% | 3,065 | $3.7M | New |
| AAPL Apple Inc. | 2.26% | 12,408 | $3.6M | Reduce -1.5% |
| EWY iShares MSCI South Korea ETF | 2.09% | 16,480 | $3.3M | New |
| ADI Analog Devices Inc. | 2.05% | 8,223 | $3.3M | New |
| RTX RTX Corp. | 1.69% | 14,130 | $2.7M | Reduce -57.4% |
| NEM Newmont Corp. | 1.65% | 28,090 | $2.6M | No change |
| IWM iShares Russell 2000 ETF | 1.31% | 6,950 | $2.1M | New |
| EPOL iShares MSCI Poland ETF | 0.12% | 4,750 | $183K | New |
| EIS iShares MSCI Israel ETF | 0.11% | 1,500 | $181K | New |
Portfolio Sells Q1 2026 → Q2 2026
| RTX RTX Corp. | Reduce -57.4% | 1.69% | −5.98 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −4.79 |
| NVDA Nvidia Corp. | Reduce -0.6% | 7.00% | −4.68 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −4.50 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −4.46 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −4.41 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −4.22 |
| CCJ Cameco Corp. | Sold out | 0.00% | −4.20 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −4.09 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −4.08 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −3.99 |
| AME Ametek Inc. | Reduce -1.5% | 2.54% | −1.80 |
| AAPL Apple Inc. | Reduce -1.5% | 2.26% | −1.57 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -5.3% | 3.20% | −1.35 |
Portfolio Buys Q1 2026 → Q2 2026
| SOXX iShares Semiconductor ETF | New | 7.58% | +7.58 |
| MS Morgan Stanley | New | 6.28% | +6.28 |
| CSCO Cisco Systems Inc. | New | 5.48% | +5.48 |
| IBKR Interactive Brokers Gro Class A | New | 4.97% | +4.97 |
| KLAC KLA Corp. | New | 3.31% | +3.31 |
| EWT iShares MSCI Taiwan ETF | New | 2.96% | +2.96 |
| EWJ iShares MSCI Japan ETF | New | 2.77% | +2.77 |
| MU Micron Technology Inc. | New | 2.62% | +2.62 |
| EBAY eBay Inc. | New | 2.51% | +2.51 |
| GS Goldman Sachs Group Inc. | Add +148.1% | 6.78% | +2.43 |
| C Citigroup Inc. | Add +136.7% | 6.94% | +2.42 |
| SNDK Sandisk Corp. | New | 2.39% | +2.39 |
| LLY Eli Lilly & Co. | New | 2.31% | +2.31 |
| EWY iShares MSCI South Korea ETF | New | 2.09% | +2.09 |
| ADI Analog Devices Inc. | New | 2.05% | +2.05 |
| CAT Caterpillar Inc. | Add +77.7% | 6.27% | +1.80 |
| IWM iShares Russell 2000 ETF | New | 1.31% | +1.31 |
| XBI SS SPDR S&P Biotech ETF | Add +80.1% | 5.40% | +0.80 |
| EPOL iShares MSCI Poland ETF | New | 0.12% | +0.12 |
| EIS iShares MSCI Israel ETF | New | 0.11% | +0.11 |
| DE Deere & Co. | Add +67.6% | 3.70% | −0.03 |
| PWR Quanta Services Inc. | Add +38.3% | 3.71% | −0.18 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 28 | $159.0M | SOXX, NVDA, C, GS, MS |
| Q1 2026 | 21 | $83.5M | NVDA, RTX, VLO, XBI, TSM |
| Q4 2025 | 27 | $141.6M | NVDA, C, GS, AVGO, MS |
| Q3 2025 | 27 | $134.6M | AVGO, NVDA, GS, MS, IBKR |
| Q2 2025 | 32 | $116.6M | QQQ, ORCL, CSCO, NVDA, IBM |
| Q1 2025 | 23 | $67.0M | ORLY, CAH, CSCO, PH, TMUS |
| Q4 2024 | 27 | $130.9M | AMZN, GS, AMP, KKR, IBKR |
| Q3 2024 | 32 | $119.2M | KKR, XBI, GS, IBKR, SPY |
| Q2 2024 | 28 | $102.7M | ETN, NVDA, IBKR, PH, AMAT |
| Q1 2024 | 28 | $100.8M | ETN, NVDA, PH, MSFT, IR |