MARSHALL INVESTMENT MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 2022427 · latest 13F-HR filed 2026-05-08
MARSHALL INVESTMENT MANAGEMENT, LLC manages $208.5M in 13F-reported U.S. long-equity assets across 274 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are GLD (9.71%), MFDX (5.45%), RPV (4.96%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 201 new positions, exited 3, added to 31, and trimmed 19.
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.
$208.5M
Long-equity book
274
Distinct positions
2026-03-31
Filed 2026-05-08
+201 / −3 / ↑31 / ↓19
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- TAIWAN SEMICONDUCTOR MANUFAC$3.0M +381.8%
- PIMCO EQUITY SER$2.7M +30.6%
- FIRST TR EXCHANGE-TRADED FD$1.1M +55.4%
- SPDR GOLD TR$1.1M +5.5%
- VERIZON COMMUNICATIONS INC$834.4K +30.9%
Top Trims
- FIDELITY COVINGTON TRUST-$8.7M -99.1%
- STATE STR SPDR S&P 500 ETF T-$3.5M -66.5%
- META PLATFORMS INC-$3.0M -92.8%
- FIDELITY COVINGTON TRUST-$2.8M -32.6%
- FIRST TR EXCHANGE-TRADED FD-$1.8M -99.4%
New Positions
- INVESCO EXCHANGE TRADED FD T$10.3M
- FIDELITY COVINGTON TRUST$5.9M
- FIRST TR EXCHANGE-TRADED FD$4.0M
- TCW ETF TRUST$4.0M
- FIRST TR EXCHANGE-TRADED FD$1.0M
Exited Positions
- CAPITAL GROUP GROWTH ETF$8.7M
- FIRST TR EXCHANGE TRADED FD$978.0K
- FIDELITY COVINGTON TRUST$475.5K
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 | SPDR GOLD TR | GLD | 78463V107 | $20.2M | 9.71% | 47,049 | SH |
| 2 | PIMCO EQUITY SER | MFDX | 72202L363 | $11.4M | 5.45% | 194,540 | SH |
| 3 | INVESCO EXCHANGE TRADED FD T | RPV | 46137V258 | $10.3M | 4.96% | 96,219 | SH |
| 4 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $9.6M | 4.60% | 20,019 | SH |
| 5 | MICROSOFT CORP | MSFT | 594918104 | $7.5M | 3.59% | 20,199 | SH |
| 6 | AMAZON COM INC | AMZN | 023135106 | $6.7M | 3.22% | 32,203 | SH |
| 7 | FIDELITY COVINGTON TRUST | FELV | 31609A107 | $5.9M | 2.82% | 168,479 | SH |
| 8 | FIDELITY COVINGTON TRUST | FFLG | 316092337 | $5.8M | 2.78% | 208,552 | SH |
| 9 | FIRST TR EXCHANGE TRADED FD | RDVY | 33738R506 | $5.0M | 2.39% | 73,100 | SH |
| 10 | APPLE INC | AAPL | 037833100 | $4.9M | 2.37% | 19,465 | SH |
| 11 | JPMORGAN CHASE & CO | JPM | 46625H100 | $4.8M | 2.31% | 16,393 | SH |
| 12 | ALPHABET INC | GOOG | 02079K107 | $4.7M | 2.24% | 16,287 | SH |
| 13 | NVIDIA CORPORATION | NVDA | 67066G104 | $4.7M | 2.24% | 26,746 | SH |
| 14 | MFS ACTIVE EXCHANGE TRADED F | MFSB | 55286W108 | $4.5M | 2.16% | 181,099 | SH |
| 15 | FIRST TR EXCHANGE-TRADED FD | FTHF | 33734X747 | $4.0M | 1.94% | 108,130 | SH |
| 16 | TCW ETF TRUST | FLXR | 29287L700 | $4.0M | 1.91% | 101,528 | SH |
| 17 | FIRST TR EXCHANGE TRADED FD | AIRR | 33738R704 | $3.9M | 1.87% | 35,103 | SH |
| 18 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $3.8M | 1.81% | 11,147 | SH |
| 19 | WALMART INC | WMT | 931142103 | $3.7M | 1.80% | 30,147 | SH |
| 20 | ELI LILLY & CO | LLY | 532457108 | $3.6M | 1.74% | 3,944 | SH |
| 21 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $3.5M | 1.69% | 70,355 | SH |
| 22 | DUKE ENERGY CORP NEW | DUK | 26441C204 | $3.5M | 1.66% | 26,428 | SH |
| 23 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | $3.2M | 1.55% | 8,279 | SH |
| 24 | FIRST TR EXCHANGE-TRADED FD | FDL | 336917109 | $3.2M | 1.51% | 62,170 | SH |
| 25 | FIRST TR EXCH TRADED FD III | FPEI | 33739P855 | $3.0M | 1.44% | 158,410 | SH |
| 26 | AMGEN INC | AMGN | 031162100 | $2.7M | 1.31% | 7,784 | SH |
| 27 | FIRST TR EXCHANGE TRADED FD | FV | 33738R605 | $2.7M | 1.30% | 44,949 | SH |
| 28 | FIRST TR EXCHANGE-TRADED FD | FVD | 33734H106 | $2.7M | 1.27% | 56,466 | SH |
| 29 | SPDR SERIES TRUST | XAR | 78464A631 | $2.5M | 1.22% | 10,009 | SH |
| 30 | INVESCO EXCH TRADED FD TR II | SOXQ | 46138G615 | $2.5M | 1.21% | 42,327 | SH |
| 31 | JOHNSON & JOHNSON | JNJ | 478160104 | $2.4M | 1.17% | 9,945 | SH |
| 32 | GLOBAL X FDS | LIT | 37954Y855 | $2.3M | 1.12% | 31,353 | SH |
| 33 | GLOBAL X FDS | PAVE | 37954Y673 | $2.2M | 1.08% | 44,201 | SH |
| 34 | FIRST TR EXCHANGE-TRADED FD | FTCS | 33733E104 | $2.2M | 1.08% | 24,185 | SH |
| 35 | VANECK ETF TRUST | NLR | 92189F601 | $2.1M | 1.00% | 15,630 | SH |
| 36 | INVESCO EXCHANGE TRADED FD T | XSMO | 46137V498 | $2.0M | 0.95% | 26,156 | SH |
| 37 | FIRST TR EXCHANGE TRADED FD | TDIV | 33738R118 | $2.0M | 0.94% | 21,004 | SH |
| 38 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $1.8M | 0.84% | 2,709 | SH |
| 39 | FIRST TR EXCHANGE TRADED FD | SDVY | 33741X102 | $1.7M | 0.81% | 42,777 | SH |
| 40 | FIRST TR EXCHANGE-TRADED FD | QQEW | 337344105 | $1.6M | 0.79% | 12,893 | SH |
| 41 | FIRST TR EXCHANGE-TRADED FD | EIPX | 33739Q804 | $1.6M | 0.78% | 50,583 | SH |
| 42 | FIRST TR EXCHANGE-TRADED FD | GRID | 33737A108 | $1.6M | 0.76% | 9,686 | SH |
| 43 | ARK ETF TR | ARKW | 00214Q401 | $1.6M | 0.75% | 13,048 | SH |
| 44 | SELECT SECTOR SPDR TR | XLI | 81369Y704 | $1.6M | 0.75% | 9,711 | SH |
| 45 | FIRST TR EXCHANGE TRADED FD | FTXH | 33738R837 | $1.6M | 0.75% | 45,232 | SH |
| 46 | VANGUARD INDEX FDS | VOO | 922908363 | $1.4M | 0.68% | 2,388 | SH |
| 47 | ARK ETF TR | ARKX | 00214Q807 | $1.1M | 0.53% | 37,816 | SH |
| 48 | FIRST TR EXCHANGE-TRADED FD | MISL | 33733E831 | $1.0M | 0.49% | 22,898 | SH |
| 49 | SPDR SERIES TRUST | XME | 78464A755 | $963.6K | 0.46% | 8,921 | SH |
| 50 | JOHN HANCOCK EXCHANGE TRADED | JHMM | 47804J206 | $927.8K | 0.45% | 13,823 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-08 | $208.5M | 274 | 0001420506-26-000857 |
| 2025-12-31 | 2026-02-09 | $199.1M | 76 | 0001420506-26-000223 |