MARSHALL INVESTMENT MANAGEMENT, LLC
Long book
$208.5M
Q1 2026
Positions
274
Top-10 weight
42%
concentration
Last quarter
+11.1%
SPY +14.8%
Turnover
74%
of book per quarter
Strategy in plain words
auto-generated from filingsMARSHALL INVESTMENT MANAGEMENT, LLC is a wealth-management firm allocating client money, running a $208.5M US long book across 274 positions.
The portfolio is moderately concentrated (top 10 ≈ 42% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: SPDR GOLD SHARES, PIMCO RAFI DYNAMIC MULTI-FAC, INVESCO S&P 500 PURE VALUE E, BERKSHIRE HATHAWAY INC-CL B, MICROSOFT CORP.
Over the last 6 quarters its long book ran on average 0pp per quarter behind the S&P 500, beating the index in 3 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-2.2%
Q1 2025
+9.2%
Q2 2025
+7.8%
Q3 2025
+3.1%
Q4 2025
-1.4%
Q1 2026
+11.1%
Sector allocation
Technology 37%
Financials 21%
Consumer discretionary 15%
Healthcare 13%
Utilities 6%
Communications 5%
Industrials 1%
Energy 1%
Long book by quarter
What does MARSHALL INVESTMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 20.0K | $9.6M | 4.6% | +8.8% |
| MSFT MICROSOFT CORP | Technology | 20.2K | $7.5M | 3.6% | +8.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 32.2K | $6.7M | 3.2% | +8.5% |
| AAPL APPLE INC | Technology | 19.5K | $4.9M | 2.4% | +2.8% |
| JPM JPMORGAN CHASE & CO | Financials | 16.4K | $4.8M | 2.3% | +6.1% |
| GOOG ALPHABET INC-CL C | Technology | 16.3K | $4.7M | 2.2% | -0.5% |
| NVDA NVIDIA CORP | Technology | 26.7K | $4.7M | 2.2% | +3.3% |
| WMT WALMART INC | Consumer discretionary | 30.1K | $3.7M | 1.8% | +2.9% |
| LLY ELI LILLY & CO | Healthcare | 3.9K | $3.6M | 1.7% | +4.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 70.4K | $3.5M | 1.7% | +6.2% |
| DUK DUKE ENERGY CORP | Utilities | 26.4K | $3.5M | 1.7% | +7.5% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 8.3K | $3.2M | 1.6% | +9.5% |
| AMGN AMGEN INC | Healthcare | 7.8K | $2.7M | 1.3% | +4.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 9.9K | $2.4M | 1.2% | +1.1% |
| MPLX MPLX LP | Energy | 10.7K | $612K | 0.3% | +1.9% |
| WEC WEC ENERGY GROUP INC | Utilities | 4.5K | $519K | 0.2% | +0.8% |
| LMT LOCKHEED MARTIN CORP | Industrials | 842 | $509K | 0.2% | +0.7% |
| AVGO BROADCOM INC | Technology | 922 | $285K | 0.1% | +10.6% |
| V VISA INC-CLASS A SHARES | Services media | 936 | $283K | 0.1% | +7.5% |
| CVS CVS HEALTH CORP | Healthcare | 3.7K | $266K | 0.1% | Held |
| RTX RTX CORP | Industrials | 1.4K | $263K | 0.1% | +1.5% |
| META META PLATFORMS INC-CLASS A | Technology | 411 | $235K | 0.1% | -91.7% |
| XOM EXXON MOBIL CORP | Energy | 1.4K | $230K | 0.1% | New |
| GS GOLDMAN SACHS GROUP INC | Financials | 253 | $214K | 0.1% | -0.4% |
| MU MICRON TECHNOLOGY INC | Technology | 627 | $212K | 0.1% | New |
| VMC VULCAN MATERIALS CO | Materials | 704 | $192K | 0.1% | +0.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 975 | $161K | 0.1% | New |
| KO COCA-COLA CO/THE | Consumer staples | 2.0K | $153K | 0.1% | New |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 2.3K | $150K | 0.1% | New |
| CSCO CISCO SYSTEMS INC | Technology | 1.8K | $143K | 0.1% | New |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 963 | $141K | 0.1% | New |
| USB US BANCORP | Financials | 2.5K | $131K | 0.1% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 100 | $100K | 0.0% | New |
| NDAQ NASDAQ INC | Financials | 984 | $84K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 8, 2026 | 274 | $208.5M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 76 | $199.1M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 75 | $188.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 59 | $21.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 252 | $161.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 135 | $169.7M | canonical | SEC ↗ |