Marnell Management LLC — 13F Holdings & Portfolio

CIK 1852314 · latest 13F-HR filed 2026-08-13

Marnell Management LLC manages $260.4M in 13F-reported U.S. long-equity assets across 69 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QQQ (22.63%), SBLK (4.95%), CNR (3.96%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 5, added to 42, and trimmed 14.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
30445 NORTHWESTERN HIGHWAY
SUITE 235
FARMINGTON HILLS, MI 48334
Phone
(248) 579-4531
Filing Manager
Marnell Management LLC
FARMINGTON HILLS, MI
Signatory
Ann Crilly Kvasnicka
Chief Compliance Officer
Loading holdings…
AUM

$260.4M

Long-equity book

Holdings

69

Distinct positions

Period

2026-06-30

Filed 2026-08-13

Q/Q Activity

+6 / −5 / ↑42 / ↓14

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DHT HOLDINGS INC$7.6M +549.9%
  • COMPASS INC$3.2M +162.7%
  • ECHOSTAR CORP$3.0M +519.8%
  • STAR BULK CARRIERS CORP.$3.0M +30.3%
  • GARRETT MOTION INC$2.6M +79.5%
Show all 42

Top Trims

  • NEBIUS GROUP N.V.-$2.0M -83.2%
  • CLEANSPARK INC-$1.9M -89.0%
  • TERAWULF INC-$1.9M -19.0%
  • CIPHER DIGITAL INC-$1.5M -55.9%
  • ARDMORE SHIPPING CORP-$1.3M -27.5%
Show all 14

New Positions

  • BORR DRILLING LTD$3.8M
  • GALAXY DIGITAL INC.$1.5M
  • VISTRA CORP$1.4M
  • NVR INC$1.1M
  • OFFICE PPTYS INCOME TR$865.2K
Show all 6

Exited Positions

  • SEAPORT ENTMT GROUP INC$693.8K
  • CELANESE CORP DEL$611.7K
  • OLIN CORP$484.9K
  • CAESARS ENTERTAINMENT INC NE$334.4K
  • WEST FRASER TIMBER LTD$305.3K
Show all 5
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 INVESCO QQQ TR Put QQQ 46090E103 $58.9M 22.63% 80,000 SH
2 STAR BULK CARRIERS CORP. SBLK Y8162K204 $12.9M 4.95% 515,698 SH
3 CORE NATURAL RESOURCES INC CNR 218937100 $10.3M 3.96% 128,778 SH
4 DHT HOLDINGS INC DHT Y2065G121 $9.0M 3.44% 541,871 SH
5 TERAWULF INC WULF 88080T104 $8.0M 3.08% 324,991 SH
6 TORM PLC TRMD G89479102 $6.9M 2.63% 262,876 SH
7 TIDEWATER INC NEW TDW 88642R109 $6.6M 2.52% 98,490 SH
8 WARRIOR MET COAL INC HCC 93627C101 $6.5M 2.48% 79,511 SH
9 VORNADO RLTY TR VNO 929042109 $6.1M 2.36% 156,292 SH
10 GARRETT MOTION INC GTX 366505105 $5.9M 2.28% 163,713 SH
11 FIRST CTZNS BANCSHARES INC D FCNCA 31946M103 $5.9M 2.26% 2,829 SH
12 DOUGLAS EMMETT INC DEI 25960P109 $5.9M 2.25% 497,133 SH
13 JBG SMITH PPTYS JBGS 46590V100 $5.6M 2.15% 381,619 SH
14 TALEN ENERGY CORP TLN 87422Q109 $5.6M 2.15% 14,551 SH
15 COMPASS INC COMP 20464U100 $5.2M 2.00% 423,302 SH
16 OKEANIS ECO TANKERS COR ECO Y64177101 $4.8M 1.85% 96,294 SH
17 NAVIOS MARITIME PARTNERS LP NMM Y62267409 $4.7M 1.82% 67,593 SH
18 ALEXANDERS INC ALX 014752109 $4.7M 1.80% 16,991 SH
19 CMB.TECH NV CMBT B38564108 $4.4M 1.67% 311,109 SH
20 SHERWIN WILLIAMS CO SHW 824348106 $4.3M 1.67% 12,593 SH
21 BORR DRILLING LTD BORR G1466R173 $3.8M 1.46% 922,914 SH
22 NEXPOINT RESIDENTIAL TR INC NXRT 65341D102 $3.7M 1.41% 131,406 SH
23 TRANSOCEAN LTD RIG H8817H100 $3.6M 1.39% 740,270 SH
24 ECHOSTAR CORP ECHO 278768106 $3.6M 1.38% 35,359 SH
25 EAGLE MATLS INC EXP 26969P108 $3.4M 1.30% 15,039 SH
26 ARDMORE SHIPPING CORP ASC Y0207T100 $3.3M 1.27% 236,122 SH
27 CENTURY ALUM CO CENX 156431108 $3.3M 1.26% 71,516 SH
28 HIMALAYA SHIPPING LTD HSHP G4660A103 $2.9M 1.11% 217,162 SH
29 TEEKAY TANKERS LTD TNK G8726X106 $2.9M 1.11% 44,391 SH
30 FRONTLINE PLC FRO M46528101 $2.8M 1.08% 81,081 SH
31 LENNAR CORP LEN 526057104 $2.5M 0.94% 27,100 SH
32 INTERNATIONAL SEAWAYS INC INSW Y41053102 $2.4M 0.94% 31,939 SH
33 FORTUNE BRANDS INNOVATIONS I FBIN 34964C106 $2.4M 0.94% 44,500 SH
34 NAVIGATOR HLDGS LTD NVGS Y62132108 $1.9M 0.71% 99,545 SH
35 BORGWARNER INC Call BWA 099724106 $1.8M 0.71% 27,800 SH
36 SCORPIO TANKERS INC STNG Y7542C130 $1.7M 0.66% 24,726 SH
37 RAMACO RES INC METC 75134P600 $1.6M 0.62% 122,165 SH
38 HUDSON PACIFIC PROPERTIES IN HPP 444097406 $1.6M 0.60% 102,186 SH
39 MARTIN MARIETTA MATLS INC MLM 573284106 $1.5M 0.59% 2,651 SH
40 ECHOSTAR CORP Call ECHO 278768106 $1.5M 0.58% 15,000 SH
41 SPDR GOLD TR GLD 78463V107 $1.5M 0.58% 4,121 SH
42 HUT 8 CORP HUT 44812J104 $1.5M 0.58% 13,084 SH
43 CORE SCIENTIFIC INC NEW CORZ 21874A106 $1.5M 0.58% 58,944 SH
44 GALAXY DIGITAL INC. GLXY 36317J209 $1.5M 0.57% 54,342 SH
45 HAFNIA LTD Call HAFN Y2990R101 $1.4M 0.55% 214,200 SH
46 VALARIS LTD VAL G9460G101 $1.4M 0.53% 19,075 SH
47 VISTRA CORP VST 92840M102 $1.4M 0.52% 8,542 SH
48 ALPHA METALLURGICAL RESOUR I AMR 020764106 $1.3M 0.50% 7,817 SH
49 PEABODY ENGR CORP BTU 704551100 $1.2M 0.47% 53,212 SH
50 KKR & CO INC KKR 48251W104 $1.2M 0.46% 13,019 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $260.4M 69 0001852314-26-000004
2026-03-31 2026-05-14 $287.5M 72 0001852314-26-000003
2025-12-31 2026-02-13 $206.1M 62 0001852314-26-000002