AI Portfolio Summary
In 2026 Q1, Marnell Management LLC maintained a portfolio of 83 distinct positions. The most significant new addition to the portfolio was ISHARES TR, which now represents 6.92% of the total fund value. They heavily accumulated shares in STATE STR SPDR S&P 5, increasing their position by 30.0%. The fund also reduced its exposure to INTERNATIONAL SEAWAY by 80.1%.
Total Positions
83
Quarter
2026 Q1
Top Holding
SPY (29.4%)
Top 10 Concentration
60.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 83
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
SPY
PUT
STATE STR SPDR ...
|
PUT Option | 29.40% | 33.08% |
#1
Prev: #1
|
8.5 | 30,000 | 30.0% |
P
S
|
130,000 | $84,544,200 |
$673.20
-2.6%
|
2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | ||
|
HYG
PUT
ISHARES TR
|
PUT Option | 6.92% | — |
#2
Prev: #—
|
7.8 | 250,000 | no change |
NEW
|
250,000 | $19,890,000 |
$78.76
+0.5%
|
2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | ||
|
QQQ
PUT
INVESCO QQQ TR
|
PUT Option | 6.02% | — |
#3
Prev: #—
|
6.9 | 30,000 | no change |
NEW
|
30,000 | $17,315,400 |
$577.18
+1.4%
|
2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | ||
|
WULF
TERAWULF INC
|
Financial Services | 3.45% | 3.15% |
#4
1
Prev: #5
|
4.4 | 120,834 | 21.4% |
P
S
|
686,762 | $9,909,976 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
SBLK
STAR BULK CARRI...
|
Industrials | 3.44% | 3.37% |
#5
3
Prev: #2
|
3.9 | 69,091 | 19.1% |
P
S
|
430,282 | $9,883,578 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CNR
CORE NATURAL RE...
|
Energy | 2.69% | 2.93% |
#6
Prev: #6
|
3.1 | 5,841 | 8.6% |
P
S
|
73,984 | $7,748,344 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
TRMD
TORM PLC
|
Energy | 2.40% | 2.34% |
#7
4
Prev: #11
|
1.5 | 1,860 | 0.8% |
P
S
|
247,762 | $6,912,560 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
JBGS
JBG SMITH PPTYS
|
Real Estate | 2.30% | 3.18% |
#8
5
Prev: #3
|
2.9 | 66,410 | 17.2% |
P
S
|
451,873 | $6,601,865 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
HCC
WARRIOR MET COA...
|
Basic Materials | 1.81% | 3.17% |
#9
5
Prev: #4
|
0.7 | -18,271 | -24.6% |
P
S
|
55,913 | $5,208,296 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
TRMD
CALL
TORM PLC
|
CALL Option | 1.80% | — |
#10
Prev: #—
|
4.2 | 185,400 | no change |
NEW
|
185,400 | $5,172,660 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
DHT
CALL
DHT HOLDINGS IN...
|
CALL Option | 1.72% | — |
#11
Prev: #—
|
4.2 | 270,000 | no change |
NEW
|
270,000 | $4,932,900 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
FCNCA
FIRST CTZNS BAN...
|
Financial Services | 1.64% | 2.19% |
#12
1
Prev: #13
|
2.7 | 394 | 18.7% |
P
S
|
2,499 | $4,709,765 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
TDW
TIDEWATER INC N...
|
Energy | 1.60% | 2.19% |
#13
1
Prev: #12
|
0.6 | -34,426 | -38.4% |
P
S
|
55,120 | $4,605,276 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
ASC
ARDMORE SHIPPIN...
|
Industrials | 1.59% | 1.88% |
#14
3
Prev: #17
|
1.1 | -66,784 | -18.2% |
P
S
|
299,357 | $4,565,194 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
TLN
TALEN ENERGY CO...
|
Utilities | 1.47% | 1.05% |
#15
10
Prev: #25
|
3.6 | 7,504 | 130.3% |
P
S
|
13,264 | $4,234,267 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
DEI
DOUGLAS EMMETT ...
|
Real Estate | 1.43% | — |
#16
Prev: #—
|
4.1 | 436,290 | no change |
NEW
|
436,290 | $4,109,852 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
NMM
NAVIOS MARITIME...
|
Industrials | 1.35% | 2.44% |
#17
7
Prev: #10
|
0.5 | -38,202 | -39.8% |
P
S
|
57,682 | $3,892,381 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
ALX
ALEXANDERS INC
|
Real Estate | 1.30% | 1.27% |
#18
5
Prev: #23
|
3.0 | 3,801 | 31.6% |
P
S
|
15,841 | $3,741,644 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
VNO
VORNADO RLTY TR
|
Bond/Debt | 1.29% | 0.20% |
#19
33
Prev: #52
|
3.5 | 130,092 | 1040.7% |
P
S
|
142,592 | $3,705,966 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
NXRT
NEXPOINT RESIDE...
|
Real Estate | 1.18% | 2.53% |
#20
12
Prev: #8
|
0.5 | -37,832 | -21.8% |
P
S
|
135,606 | $3,390,150 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
GTX
GARRETT MOTION ...
|
Consumer Cyclical | 1.15% | 1.91% |
#21
5
Prev: #16
|
1.0 | -44,108 | -19.5% |
P
S
|
181,863 | $3,304,451 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
SHW
SHERWIN WILLIAM...
|
Basic Materials | 1.04% | 1.39% |
#22
1
Prev: #21
|
2.4 | 472 | 5.3% |
P
S
|
9,336 | $2,992,655 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
ECO
OKEANIS ECO TAN...
|
Industrials | 0.94% | 0.13% |
#23
35
Prev: #58
|
3.4 | 45,196 | 561.0% |
P
S
|
53,253 | $2,694,069 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CENX
CENTURY ALUM CO
|
Basic Materials | 0.92% | 2.03% |
#24
9
Prev: #15
|
0.4 | -61,758 | -57.7% |
P
S
|
45,298 | $2,658,540 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CIFR
CIPHER DIGITAL ...
|
Technology | 0.92% | — |
#25
Prev: #—
|
3.9 | 205,900 | no change |
NEW
|
205,900 | $2,649,933 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CORZ
CORE SCIENTIFIC...
|
Technology | 0.89% | 1.57% |
#26
6
Prev: #20
|
0.4 | -51,396 | -23.2% |
P
S
|
170,476 | $2,550,321 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
NBIS
NEBIUS GROUP N....
|
Communication Services | 0.84% | 1.80% |
#27
9
Prev: #18
|
0.3 | -20,918 | -47.2% |
P
S
|
23,358 | $2,423,626 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
HAFN
CALL
HAFNIA LTD
|
CALL Option | 0.79% | — |
#28
Prev: #—
|
3.8 | 299,900 | no change |
NEW
|
299,900 | $2,279,240 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
EXP
EAGLE MATLS INC
|
Basic Materials | 0.79% | 0.91% |
#29
2
Prev: #27
|
2.8 | 2,889 | 31.9% |
P
S
|
11,939 | $2,261,844 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
RIG
TRANSOCEAN LTD
|
Energy | 0.78% | 0.58% |
#30
4
Prev: #34
|
2.3 | 49,376 | 17.0% |
P
S
|
339,253 | $2,249,247 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
HSHP
HIMALAYA SHIPPI...
|
Industrials | 0.76% | — |
#31
Prev: #—
|
3.8 | 164,032 | no change |
NEW
|
164,032 | $2,181,626 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CLSK
CLEANSPARK INC
|
Financial Services | 0.75% | — |
#32
Prev: #—
|
3.8 | 254,376 | no change |
NEW
|
254,376 | $2,164,740 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
FRO
FRONTLINE PLC
|
Energy | 0.72% | 1.16% |
#33
9
Prev: #24
|
0.3 | -50,032 | -45.8% |
P
S
|
59,287 | $2,066,745 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
COMP
COMPASS INC
|
Real Estate | 0.69% | — |
#34
Prev: #—
|
3.8 | 271,779 | no change |
NEW
|
271,779 | $1,986,704 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
STNG
SCORPIO TANKERS...
|
Energy | 0.68% | 0.69% |
#35
3
Prev: #32
|
0.8 | -1,711 | -6.1% |
P
S
|
26,333 | $1,966,022 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
GNK
GENCO SHIPPING ...
|
Industrials | 0.67% | 2.51% |
#36
27
Prev: #9
|
0.3 | -195,223 | -69.4% |
P
S
|
86,023 | $1,939,819 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
FBIN
FORTUNE BRANDS ...
|
Industrials | 0.65% | — |
#37
Prev: #—
|
3.8 | 48,100 | no change |
NEW
|
48,100 | $1,874,457 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
METC
RAMACO RES INC
|
Basic Materials | 0.63% | — |
#38
Prev: #—
|
3.8 | 117,665 | no change |
NEW
|
117,665 | $1,819,101 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
INSW
INTERNATIONAL S...
|
Energy | 0.62% | 2.92% |
#39
32
Prev: #7
|
0.2 | -99,230 | -80.1% |
P
S
|
24,597 | $1,792,629 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CMBT
CMB.TECH NV
|
Energy | 0.62% | 0.86% |
#40
11
Prev: #29
|
0.2 | -43,659 | -23.7% |
P
S
|
140,594 | $1,778,514 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
GLD
SPDR GOLD TR
|
ETF | 0.62% | 1.29% |
#41
19
Prev: #22
|
0.2 | -2,579 | -38.5% |
P
S
|
4,121 | $1,773,225 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
TNK
TEEKAY TANKERS ...
|
Energy | 0.60% | 0.60% |
#42
9
Prev: #33
|
0.7 | 494 | 2.1% |
P
S
|
23,567 | $1,727,932 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
VAL
VALARIS LTD
|
Energy | 0.58% | 0.46% |
#43
5
Prev: #38
|
0.7 | -1,572 | -8.4% |
P
S
|
17,075 | $1,674,033 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
LEN
LENNAR CORP
|
Consumer Cyclical | 0.57% | — |
#44
Prev: #—
|
3.7 | 19,000 | no change |
NEW
|
19,000 | $1,649,960 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
BLDR
BUILDERS FIRSTS...
|
Industrials | 0.57% | — |
#45
Prev: #—
|
3.7 | 19,772 | no change |
NEW
|
19,772 | $1,627,829 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
BWA
CALL
BORGWARNER INC
|
CALL Option | 0.52% | — |
#46
Prev: #—
|
3.7 | 27,800 | no change |
NEW
|
27,800 | $1,508,428 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
CMBT
CALL
CMB.TECH NV
|
CALL Option | 0.50% | 0.24% |
#47
3
Prev: #50
|
3.2 | 63,400 | 123.8% |
P
S
|
114,600 | $1,449,690 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
DHT
DHT HOLDINGS IN...
|
Energy | 0.48% | 0.87% |
#48
20
Prev: #28
|
0.2 | -71,359 | -48.6% |
P
S
|
75,434 | $1,378,179 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
HAFN
HAFNIA LTD
|
Industrials | 0.44% | 1.05% |
#49
23
Prev: #26
|
0.2 | -239,061 | -59.1% |
P
S
|
165,245 | $1,255,862 | 2025 Q4 | 13F Filing | 2026-03-31 | 2026-05-14 | |||
|
NVGS
NAVIGATOR HLDGS...
|
Energy | 0.34% | — |
#50
Prev: #—
|
3.6 | 50,000 | no change |
NEW
|
50,000 | $966,500 | 2026 Q1 | 13F Filing | 2026-03-31 | 2026-05-14 |
Showing 1-50 of 83 holdings